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Last one month has seen some glimpses of what is called co,rrection. Is the correction, one of the many that the market has seen in the last two years, or there is more to it, that would get clearer when in the early part of December state election results come in. Meanwhile analysts are bullish on select mid-caps. Stocks from sectors like small finance banks, oil and diagnostic are on the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filter...

In the last nine months, the upward trend in sugar price in the global commodity markets has brought back focus on the sugar sector. But in the case of India, the sugar sector has been going through a transformation. From just being a sugar producer to becoming part of the clean energy supply chain. All thanks to mixing ethanol with other fuels. In fact a number of companies have seen a significant improvement in their bottomline due to this shift. As the underlying macro changes sugar companies...

Most of the investors look at IT stock on a standalone basis as companies for bottomline line. Now lets look at it from the perspective, an economy where the biggest export is software services, shouldnt one be watchful when that sector says growth will moderate and there are layoffs in the sector. So if there is a slowdown in the IT sector there is a high probability that other sectors of the economy may also face pressure, specifically the ones where there is a high element of discretionary c...

Over the course of four decades, Agarwal painstakingly built Vedanta into a $10 billion conglomerate. However, facing the risk of overwhelming debt, he is now considering dismantling the company. The pressure is escalating on this entrepreneur who began his journey as a scrap metal trader. Specifically, there is a looming challenge: a $1 billion payment due in January, with $600 million still unfunded. This deficit might necessitate the sale of assets. One potential solution to alleviate the deb...

Market has a habit of ignoring all the developments for some time and then one day suddenly getting up to the fact that there is something wrong. Probably what we have seen in the last two weeks in the markets is the same thing, a sudden realization that there are issues like rising inflation leading to higher US rates, geopolitical tension and of course on the domestic front, high valuations. In the last quarter of the current financial year, it is time to take a step back, think and then make ...

The bull run which started right in the middle of 2020 when covid was ravaging the world, had seen many sectors coming into limelight. One among them was agrochemical. The whole sector got rerated and some of the Indian companies which are focussed on domestic markets got fair share of attention from the street. But then they faced headwinds and have been underperforming, but in case of the companies the headwinds are temporary and the underlying changes these companies are doing makes them wor...

In the last five years, many auto ancillary companies have been trying to stay relevant to the EV space. Some got into EV space through organic routes as their existing product lines were still relevant to an electric vehicle, a few went through an inorganic route. Over the next one to two years, there would be shakeout in the auto ancillary space. The ones which are relevant to EV space are likely to get premium; others will probably just survive. So, while looking at an auto ancillary unit it ...

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 ...

Historically, in an election year, two things happen: one some state governments tend to push for completion of infrastructure projects so that they may be showcased as achievements. Second, more money gets pumped into the system. This will have a trickle down effect on many parts of the economy and specially companies in contracting and construction. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average...

Given the fact that more uncertainty has emerged on both geo political and economic front. It would be better to stay in cautious mode. One needs to watch what stance the US fed. takes and how other central banks react to it. Especially for Indian equities, valuations are not very cheap and very low probability of any positive surprise in Q2 result season. Over the next couple of days if one is buying it would be better to stick to large cap stocks that too with more checks and balances put in p...