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It is after a long period of time, that bears have finally made their presence felt on the street. Whether it is, large, mid or small cap market breadth in all segments witnessed a sharp decline. In such times, if one is looking to buy stocks it would be better to look at stocks where some developments have made analysts turn bullish on them. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, rela...

It is not only in India, but in a large number of countries across the world, liquor is a heavily taxed business. Despite being heavily taxed, if one looks at the long term trends, it is business which grows at a certain rate irrespective of all headwinds. In India, liquor is a state subject and many state governments publicly say they dont want to grow, but if one looks at their revenue collection numbers it is clear they cannot stay without it. Despite all the headwinds, what is that which mak...

For all those, who are surprised the fact that all of sudden bank nifty or finnifty witnessed a sharp fall, it would worth remembering that whether it is upward or southward movement of Nifty and Sensex, it is largely led by financial services because of high ownership of institutional investor’s both domestic and foreign portfolio investors. So if there a sell of due to risk off mode for emerging markets, which market has moved to in last few days. It is financials which are likely to le...

Even in volatile markets analysts are bullish on selective mid-cap stocks. One of the reasons could be the fact that while the earning season has been on the expected lines, the strong negative reaction in the market may be due to global market conditions which are getting into risk off mode with rising US yeild. 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 &ldqu...

Ranging from high valuation to event risks in the current quarter in terms of state elections, the global issues, both geo- political tension and high probability of hike in US interest rates. These all things were being ignored by the markets as the liquidity was ensuring that markets move upward very sharply. Finally, markets are waking up to some reality, there is a very likelihood that as adjustment of the global flows continues to happen, we might have more volatile movement. During this ph...

While the correction has been going on in the market since the middle of July, it is only on days like Monday where everyone on the street feels that equity markets are correcting. It is only a matter of time that the concept of relative valuation will come into play and large caps will get more attention from the market. 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 scre...

It is normally said and there is enough evidence to support it, that if the market is falling because of fear of economic slowdown or there are fears of a recession, then metals would be the first sector to get hit. The question is whether this round of fall in the Indian market is due to those fears? The answer is most likely No. What the Indian market is witnessing is correction of valuations, which have gone extremely high due to excess liquidity chasing Indian stocks for the past six months....

Despite the fact in the last one year, only negative things have been said about IT companies, look at their stocks performance. Except one large IT stock which had been a perennial under performer, most of the other IT stocks are not very far from the highs they had touched almost two years back. Infact relative performance of some IT is far better than many of the stocks and sectors which have been headlines. While it might be contrarian buy, there is high probability that IT stocks perform be...

While the mid and small cap saw sharp corrections on Monday, the fact is speciality chemical space has been in a very different kind of correction for the last two years. In the last five years many segments of the chemical and specialty chemical sector had been coming into focus. They stay in the limelight for some time, then as too much money chases them which makes their valuations move up sharply and then a long phase of correction after which strong players are able to move upward much fast...

If you are thinking that what you saw in markets yesterday, especially in the mid-cap segment, has happened for the first time. No, it was not the first time, in the second week of September, exactly a similar thing had happened. Mid-cap index was down much more as compared to Nifty and market breadth in the mid-cap segment was extremely poor, more than 95 percent of the stocks were trading with large cuts. Yesterday also a similar thing happened. Now there is another side to this, between the ...