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October 31, 2023
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...
October 31, 2023
The Montana Electric Cooperatives Association (MECA) held their annual meeting in Great Falls, October 3-4, 2023. Every year MECA recognizes a board member and an employee whose actions in their
October 30, 2023
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 ...
October 30, 2023
Trina Solar has signed a master services agreement (the "Agreement") with Philippine-based Citicore Group for the supply of market-leading solar modules, helping ramp up the country's solar capacity in line with the country's renewable energy targets.
October 27, 2023
“The markets are definitely over-pessimist. Within a week, we are so heavily oversold that anything can trigger an upside now. I am very optimistic on both the indices, the Nifty and the Bank Nifty. I think they have been overdone in this sell off or profit booking in the mid caps. And mid caps, I think, will again retrace themselves after a little bit of consolidation.”
October 26, 2023
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...
October 24, 2023
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 ...
October 24, 2023
Randstad, the worlds largest staffing firm, reported a 17% decrease in its EBITA to 273 million euros in Q3, beating analysts expectations of 258 million euros. However, the companys revenue fell 7% to 6.26 billion euros, which was lower than anticipated. The CEO highlighted a soft jobs market, with unemployment creeping up in some countries and a decrease in job postings. Sectors showing some resilience included automotive, public health, and education. Concerns were raised about the rest of th...
October 24, 2023
JMUs climbing club hosted ASTROBLOC, a space-themed bouldering competition at the University Recreation Center on Oct. 14. The event drew competitors from all over the state.
October 22, 2023
It is a well known fact that equities are fraught with risk. But the word “risk” also needs to be further looked into. In equities the risk is more in the short term, over longer term, it is not very high. Also, when diversified in the manner that exposure is to different segments of an economy, risk of a sharp decline in value comes down. Another way to manage risk is that when valuations are high, move to companies which have strong and large balance sheets and have seen many econo...