Latest Stock Market News

"We think we should be done with interest rate hikes by central banks by mid 2023. However, the cost of capital for corporates and retail borrowers will continue to increase as liquidity tightens due to the balance sheet shrinking exercise by the US Fed. This may put the brakes on capex and consumer spending globally and reduce inflationary pressures."

Rate this item

(1 Vote)

Poonawalla Fincorp Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Rental Income, Income From Sale Of Share & Securities for the year ending 31-Mar-2022.

Rate this item

(1 Vote)

Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 294300.64 Crore) operating in Construction sector.

India and China — a 2023 tale of two markets

Updated at : 2022-12-27 11:30:03

Rate this item

(1 Vote)

The world’s second-largest economy has seen equities slump by two-fifths since June 2021, thanks to Beijing’s isolationist Covid-19 policies, turmoil in the real-estate industry and a punishing antitrust campaign against the country’s valuable tech firms. If China has been mired in a surfeit of pessimism, the opposite is true of India. Thanks to pent-up urban demand after the pandemic, stocks have held up reasonably well despite the US Federal Reserve’s aggressive monetary tightening.

The market capitalisation of all listed companies on the BSE increased by Rs 5.79 lakh crore to Rs 277.91 lakh crore in the last four days

"Our advice will be to still stick in the top 50 or the probably top 100 companies when you look at investing in the market/ But creation of wealth is about asset allocation, about allocating across horizons, across the market. So the continuation of some of the themes will play out. We expect consumption, healthcare, banking to continue its performance from here on. "

Nifty formed a Bullish Engulfing candle on daily scale on Monday and negated its lower highs of last three trading sessions,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

"Landmark is a very strong business having tremendous moats and it is the only organised play in the car distribution and dealership business. We believe that Ladmark is going to get into the game of acquisitions because there are 5,000 dealerships in India; they have about 112 dealerships and consolidation is the name of the game and they have a head start being listed in the markets."

Sectoral analysis of the winners of 2022 shows that Nifty PSU Bank index and Nifty CPSE index have been the top two gainers of the year with an upside of 65% and 19.5%, respectively, so far. On the other hand, the IT index has been the top wealth eroder and has so far lost over one-fourth of its value.

"We expect more volatility in Indian indices in the first half. But as we move closer to end of 2023, we expect inflation to moderate, giving RBI options to provide a monetary stimulus. With 2024 being an election year, we expect the government will spend on rural and infrastructure development leading to a recovery in consumption in India. We expect indices to be under pressure in H1 2023 but recover in H2."

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.