Page 34 - Includes Docubay News Today

When oil prices rise, there are a lot of companies whose stock prices suffer because the narrative is that margins are going to get hit. But when oil prices decline, the recovery in these stocks is not at the same pace. But this time for a set of companies it was different. As the oil prices dipped they witnessed a spike in their stock prices, in one case the stock touched a new 52 week high. Despite all the trouble in the Middle East, oil prices have not been able to move up and sustained at hi...

After a corrective wave of more than eight weeks, whether it is Sensex or Nifty, the underlying bias has once again turned bullish, specially in midcap space. But one headwind remains that is valuation which is still at a higher level. So, it would be better to be bullish but selectively. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies t...

Investing in mid cap stocks is one of the toughest challenges for any investor. This challenge gets much bigger when the valuations are extremely high but an investor’s desire to invest in them is high due to the fact that they have been impressed by recent gains in their mid-cap stocks. In such times, it would be better that investors should be cautious in selecting the stocks, better to go with buying in smaller quantities and keep some cash allocated for the stocks, but only to be used ...

It is not the first time that RBI has taken measures to curtail unsecured lending. In past also there has been instances when banks and NBCF’s got aggressive to push credit growth and RBI has to tame them, first through verbal advice in public forum than then through rules and regulations. But the fact is that in capital starved countries like India, demand for credit will always remain high. This means that despite all the short term issues, in the long term a good lender which has a risk...

Insurance is one industry that got hit very badly and led to a situation where literally every company has to raise funds to meet regulatory requirements. But at the same time, awareness about the need to have insurance on which companies had been spending tons of money was created without them spending even a penny. So, while there was a short-term problem, a bigger issue of awareness got resolved. But then came changes in tax laws, which was another big blow. Given the fact that the overall si...

The US politicians Bobby Jindal and now Nikki Haley, both of whom converted to Christianity to become more acceptably "mainstream" in the 1980s and 1990s respectively, are extreme examples of the extent to which migrant Indians in the 20th century strove to integrate. Most Indians, however, kept their faith while anglicising their names and mannerisms so as to fit in. Food was practically the only marker of their ethnicity that survived this acculturation. But something has changed in ...

"From a relatively short horizon of 1 year, markets have been resilient despite many vagaries involving two wars, the US banking crisis, and the fluctuations of languages of most central banks shaping data-dependent monetary policy. While tactical decisions can be made for Samvat trading in this short horizon, it would be prudent not to forget the longer investment horizon for which listed equities are ideally suited. Investors should maintain adherence to strategic asset allocations for th...

It is after a long period that some of the macro factors have turned favorable for Indian markets. The recent decline in oil prices despite the ongoing tension in the middle east being one of the biggest positives. Also with US fed indication, chances that there would be a very sharp outflow from emerging markets have come down. But some of the other risks are still on the table. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and ...

The “risk on trade” which started with the US Fed indicating a pause in the interest rate cycle continues on the street. The mid-cap have been able to once again outperform in the short term. Keep an eye on liquidity as that will determine what happens to mid-cap stocks. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong bu...

There have been lots of reports on how the EV policy will focus on bringing TESLA to India. While one single player will get the limelight, more important will be on building an ecosystem, where EVs are made in India not only for the Indian market, but over a period of time they are exported from India. It is very likely that over the next couple of quarters, there would be some re-rating of select auto stocks. Of the ones which have put their system in place to move into EV space.