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ET Markets RadioTune in now for Markets news, views & cues Market Watch (ETMarkets.com) 07:51 Min | May 12, 2021, 7:31 PM IST Tune in as we discuss investment themes for next few months, what Nifty charts are suggesting, and more. Tags Transcript Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Nikhil Agarwal and here are the top headlines at this hour. Asian Paints Q4 net up 85% YoY to Rs 852 crore Active Covid-19 cases in India dip for second day U...

MUMBAI: The BSE Sensex darted up on Wednesday after three days of losses after the RBI unveiled a slew of measures to support the economy facing headwinds due to the second wave of the Covid-19 pandemic. Banking, pharma and IT stocks led the rebound, even as a depreciating rupee capped the gains, traders said. The 30-share BSE index jumped 424.04 points or 0.88 per cent to close at 48,677.55. Similarly, the broader NSE Nifty surged 121.35 points or 0.84 per cent to 14,617.85. Sun Pharma was...

The market seems a little caught up in macro concerns -- Covid resurgence and earnings. Your view? I don’t think Covid concerns are bothering the market as otherwise, it wouldn’t have rallied for the last three-four days. Last quarter’s results are going to be very good except for some auto stocks which got hit due to rising input prices and also may be some other consumer durables companies. Most managements believe that post lockdown, the bounce-back would be similar to what happened t...

RBI to conduct first special OMO of FY22 on May 06 April 29, 2021 × The central bank will purchase and sell securities for an aggregate amount of ₹10,000 crore each The Reserve Bank of India (RBI) on Thursday said it will conduct the first special open market operation (OMO) of fiscal year 2022 (FY2022), entailing simultaneous purchase and sale of government securities (G-Secs) for an aggregate amount of ₹10,000 crore each, on May 06, 2021. Under the special OMO (also known as Operation T...

MUMBAI: The Indian equity market has been the third-best performer in all of Asia over the past 12 months with 59 per cent returns, but a fierce second Covid-19 wave could see foreign investors pull out as much as $5 billion in the coming months. Brokerage firm UBS Securities India reckons that the recent foreign outflows from India could touch the $5 billion mark, as the Indian equity market undergoes a correction due to the risk to earnings growth from the second Covid wave. “If valuations ...

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Do you think that the market reaction to the second Covid surge was overdone or has the market simply corrected in pockets? There are two, three aspects to it; one is anything which comes and hits for the first time always has a bigger impact and that is what happened last year when we had the first phase of massive numbers increasing and lockdowns happening all over the world and the markets corrected a lot. This time, the numbers are much higher than what they were in the first wave but to s...

RBI is in uncharted territory with quantitative easing Premium Share Via Read Full Story Without saying so, the Reserve Bank of India (RBI) has embarked on quantitative easing (QE). It has given it a fancy new name: Government Securities Acquisition Programme (GSAP), which has a promise of becoming meme-worthy if pronounced as G-zap. What exactly is RBI hoping to zap or obliterate? Well, it wants you to perish the thought of the yield on government securities going above, say, 6.25%. It wants t...

With the government stepping on the accelerator for privatising or disinvesting most public sector undertakings in the coming years, institutional investors may now start looking at PSU stocks as portfolio bets for long-term wealth creation and not just tactical trades, said Shyamsunder Bhat, Chief Investment Officer at Bhat believes that some of the PSUs could definitely attract investor interest, particularly with a large relative valuation gap as compared to the market. The veteran money m...

Explore Now NEW DELHI: Nifty saw a choppy trade in intraday session on Wednesday as the headline index closed lower for the fifth consecutive session. The 50-pack index formed a long bearish candle on the daily chart. Ruchit Jain, Senior Analyst - Technical and Derivatives at Angel Broking said, "Nifty has ended around 14,700, which is a crucial point now and a breach of this could then lead to a continuation of price-wise correction towards 14,500. On the flipside, 14,850-14,900 becomes the im...