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With the US Fed indicating a pause in the interest rate cycle, indications of the “risk on” trade will be back are clearly visible. Emerging markets have stabilized. This may have a rub off impact on midcap stocks which tend to do well when liquidity is in abundance. 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 buy&q...

While some of the headwinds which Indian markets have been facing might have receded, some of the risks which are specific to India are still very much there. One being the state election result and second one being valuation being at a very high level. In such conditions, it would still be better to stay focussed on large caps as they have more ability to weather the storms which come unannounced. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filt...

It is very likely that a new EV policy is on its way. Will it have financial incentives for existing players or will it focus on building an ecosystem, where EV are made in India not only for the Indian market, but over a period of time they are exported from India needs to be watched. The reason, if it is about building an ecosystem, it would have a long term positive impact on the auto ancillary industry. It is very likely that over the next couple of quarters there would be some re-rating of ...

For many, it might come as a surprise but the fact is the large-cap segment of the Indian equity market is one of the most over-researched. There are some companies that are being covered by more than 60 analysts. But at the same time, there is another set of companies, specially small companies which are not covered at all by single analysts and hence they dont have recommendations of either buy or sell. Instead of looking at companies that have buy or sell recommendations, we look at companie...

Despite the recent correction, valuations are still high from every perspective. Because they have stayed at elevated levels, to some it might appear as a new normal. But the fact is that stretched valuations have never been and never will be the new normal. So, sooner or later, the street will start the process of valuation adjustment. First signs that markets are getting close to starting the process are clearly visible on the wall. Adjustment of valuations is a process, which does not end in ...

If one were to look at the last two years performance of mid-cap segment or indices despite the recent corrections, it has been better than most indices. In the last few days of recovery post the sharp sell off in late October, mid-cap stocks have been making an attempt to move upward and overall basis even in Tuesday trading session they have been able to hold their head above water. Stocks from sectors like small finance banks, oil refinery and housing finance companies are on the list. ET scr...

As the market moves from clearly bullish mode to volatile mode with a bearish bias, there will be readjustment in valuation across markets. Over the next few weeks both domestic and international news flow have a high probability of making broader market indices move sharply in either direction. Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, insurance, auto ancillary and fertilizer space. ET screener powered by Refinitiv&rs...

If one looks at the recommendations of analysts, it appears that all of sudden they are finding everything wrong with IT stocks. Of the ten stocks, only two are buy and one stocks which till few quarters back was considered a must have in a portfolio is now having a sell reco. What has changed so dramatically, has it been any fundamental development or it is readjustment of the valuations. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key compon...

PSU banks have been performing well on the street for the last more than one year. Even in the correction which the market saw last in the last couple of weeks, PSU banking stocks are amongst the first to rebound when there is any sort of recovery in the market. The reaction of the street to their Q2 earnings is also indicative of underlying hope in the sector. But the whole operating landscape of each PSU bank is very different, right from the exposure to particular sectors and industrial group...

Capital goods and engineering companies had faced tough times for many years. The reason, there was hardly any capex in many sectors of the Indian economy. This changed in 2014, when the new government took over. Road and infrastructure sector got a big push and all the companies in that sector saw their order book growing sharply. Over a period of nine years, many other sectors have seen a sharp increase in their capex. Right from railways to defence all of them have seen increased outlays lea...