Page 36 - Includes Docubay News Today

Once again bulls have shown that while bears have the right to make a comeback attempt, bulls who have ruled the street for the last three years are in no mood to give up easily. That was reflected in improved market breadth even though nifty and sensex had been only moving in range bound mode. While the recent performance has been good, given the valuations, it would be better to be selectively bullish and put more checks and balances both in terms of quantitative and qualitative parameters whi...

When it comes to the rural economy, most believe that it is auto and FMCG companies which give a good idea how the rural economy is working, But there is another set of companies which might have a better insight on how the rural and even semi urban part of the economy are doing. Both because they work in this part of the country and also because of the fact of lending in those businesses which operate in the area. Despite all the headwinds, these small finance banks have been able to grow, the ...

The best Muhurat performance was in 2008, during the global financial crisis, when indices jumped nearly 6%. Last years Muhurat on October 24 saw indices rise around 0.88%. A screener ran by ETMarkets shows that there are at 457 stocks with a market capitalisation of more than Rs 1,000 crore that have given positive returns in all the last 5 Muhurat days. Out of them, there are at least 19 stocks that gave a return of at least 5% in the last Muhurat session.

Soon after the announcement by the US Fed two weeks back, the mood on the Street has once again turned in favor of bulls. Whether it is Sensex or Nifty, the underlying bias has once again turned bullish, specially in midcap space. But one headwind remains -- valuation is still at a higher level. 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 im...

When it comes to small cap investing, the word “agnostic” becomes very important. The reason one should be “sector agnostic” is that there are small cap companies across sectors which have potential to do well. Then one should “ recommendation agnostic” the reason, majority of the small cap companies are not covered at all by a single analyst and hence they dont have recommendations of either buy or sell. So, when it comes to small cap stocks, look beyond what...

If one goes by airline ticket prices, room rent and occupancy level of hotels it is very clear that what appeared as revenge traveling in early phases when covid get over has more to it. Both airlines and hotel prices have remained higher than normal in all seasons of the year, whether busy or off season. Going by the changed preferences and all the challenges right from tech aggregator and others, there is a good chance that large chains with asset light model along with own asset have high pro...

Financial service as a space has been going through structural changes. Right from the entry of the new age, fintech players whose target is to get business by reducing the cost of transactions to mega mergers of HDFC and HDFC Bank. On the other side there has been a quiet comeback by the PSU banks space, which after many years are showing improved performance on many parameters on a sustained basis. After the current phase of correction is over, will they again lead the rally?

Earnings rating is calculated based on three factors - earnings surprises, estimate revisions and recommendation changes. Comparing company’s actual earnings to the mean expectation of analysts results in a difference which is referred to as ‘Positive’ or ‘Negative Surprise’. The report takes into account surprises from the past 4 quarters. Estimate revisions are the number of up and down revisions in earnings per share of the company by the analysts and the average...

Logistics is a very broad term, right from warehousing companies to goods transporters all form part of this chain. But if one looks at the listed space in India, it is transportations companies which dominate. Logistics as a sector has seen many headwinds both in terms of operations and structural challenges. Any sector which goes through this phase tends to bring out clear winners. We take a look at how analysts have rated companies in this space. The list of the logistic companies is based o...

The downfall in the markets saw benchmark indices hit their 52-week lows on March 20, 2023. From its December highs, the index had corrected about 11%