Page 47 - Virtual Events News Today

In equity markets, whatever precaution one might take, the probability of a mistake of getting stuck with a wrong stock is always high. Especially when stocks have been bought when even bulls dont know why they are so bullish. That was the case for a large part of 2023 and even in the first two months of 2024. While the way markets have behaved in March should have ideally made us learn some lessons. But the fact of life is that three days of strong up move in the mid caps segment and we all for...

After the correction in the month of March, bulls are making a comeback on the street. Both at the index level and at market breadth levels. But one thing is for sure as corrections and consolidation are part of every bull market we will continue to see them at regular levels. So it is better to stick with the large caps as they are the ones which have a tendency to recover faster and lead the rally. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high ...

One of the sectors which has got strongly re-rated in the last four years has been hotel and tourism. Whenever there is a re-rating of a sector, it is the leader of that sector which tends to get re-rated first. So, it was the stocks of Indian hotels, which led the rally and then others joined the bandwagon. Now whether the industry has got re-rated should be judged by how the numbers have panned out across the companies in the sector. If there is an improvement across the board, then it is sect...

After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. But because valuations are high, it would be better to still be cautious both the amount of exposure one is taking and more importantly the stocks which one is buying should have good fundamentals and the score should have seen some improvement. These selected stocks depict a strong upward tra...

While it should be done for every sector, for some sectors it is extremely important to make a distinction between the narrative which is making rounds on the street and what is happening in the real business. The reason, it is a narrative which is going on the street which makes expectations high and when they are not met then investors end up making the wrong decision both at the time of buying and selling. First, a large market size does not mean that players will see all the growth in the sh...

There are some sectors where the macro structure is such that for one or the other reasons the overall growth is higher. This is not to say that growth comes without phases of slowdown, but when tailwinds come they are able to take care of all the slowdown and over a period of time, growth is much better. The growth over a period of time ensures that in bearish markets the stocks are able to perform relatively well and when bulls are back they again are able to inch higher.

One segment where upward movement in stocks has been seen with much more skepticism than any other sector has been the government owned “term lending institutions” or what is commonly referred to as sector specific lenders like REC, PFC. There are multiple reasons for this skepticism, right from the fact that these stocks have either been market underperformers or at best market performers in some phases. So, when they move upward sharply, questions are bound to come. But is the his...

The correction of March on Dalal Street should serve as a warning to all those who tend to buy stocks without bothering to look at what is the business of the company. The way correction panned out, there is a high probability that going forward that an upward movement in mid-cap space would be more stocks or sector specific rather than being a broad brush up move in which every stocks is moving upward with any rhyme or reason, One thing which long term investors who are taking exposure to the m...

After a phase of correction, where more than index it was the market breadth which witnessed cuts, bulls were once again making their move on the street. Before you once again become bullish, it is extremely important not to forget the fact valuations are still high. In such conditions, for investors who are looking to increase their exposure to stocks, it would be better to focus on fundamentals and if there is any improvement in them which has made the overall score go up in the last one month...

While today’s movies may not show that rural money lenders are nothing but shark, but the hard reality is that if you were to ask your driver, your help at home, or the small chai shop owner how much interest he pays when he or she takes an unsecured loan taken in the private loan market which his largely controlled by individual players. It might surprise you, he or she might be paying four to five times more than the interest rate which any regular bank charges on an unsecured loan. This...