Emkay Global Financial Services

US payroll numbers released recently point to Goldilocks scenario: unemployment at 53-year low, and yet moderating wage gains, says Prakash Kacholia, MD, Emkay Global Financial Services

The Indian banking sector performance was led by stronger than-expected credit growth after years of a lackluster performance, sharp margin uptick benefiting from the rate cycle

This is good compared to last year, when India faced good demand upsurge during Sep-Oct and many thermal units did not have enough inventory

Passenger vehicle sales are expected to be robust in July, driven by a large order book and production ramp-up, while commercial vehicle volumes may remain in an uptrend, a report said on Thursday. However, tractor volumes are likely to decline due to a high base and uneven spread of the monsoon, according to brokerage firm Emkay Global Financial Services, which has retained a positive view on the auto sector. Emkay Global also expects an improvement in two-wheeler sales on the back of higher production and inventory build-up with dealers. Passenger vehicle segment should witness a robust growth on a large order book and production ramp-up, with automakers such as Tata Motors, M&M and Maruti Suzuki expected to log 49 per cent, 28 per cent and 8 per cent volume growth, respectively, in July, the brokerage firm said. For the two-wheeler segment, the brokerage estimates a 35 per cent improvement in domestic sales for Eicher Motor-Royal Enfield, 6 per cent each for TVS Motor and Hero .

Reserve Bank of India's foreign-exchange reserves have fallen by about $30 billion since the end of May to $573 billion, according to its data

The large private life insurers with a better brand equity and distribution network with innovative approach are better placed for business growth and increasing their market

The domestic market being in a cyclical bull run, the more prudent thing would be to buy on dips, said MD Kacholia

New-age businesses are not going away; ignoring them completely can be injurious to one's portfolio's health, Karwa said in this exclusive interview

'Earnings racing off a cliff have some upside risk and low-interest rates will support relatively high valuations'

Till 01:30 pm, a combined 4.7 million equity shares, representing 19 per cent of total equity of Emkay Global, had changed on the NSE and BSE

The inflow of over Rs 60,000 crore of funds into the Indian markets from foreign portfolio investors (FPIs) in November would defy all moods

Technology, Telecom, information technology (IT), Pharma, and Speciality Chemicals are some of the sectors, which Karwa says, despite the recent run up, still have some left

We see the merger of public sector banks as a step in the right direction, says Prakash Kacholia

The stock hit 52-week high of Rs 208, up 5% on BSE in intra-day trade, surging 22% in past four days

The stock was up 4% to Rs 171 in intra-day trade, its highest level since March 2008 on BSE.

The stock hit 9-year high of Rs 149, up 10% on BSE. It rallied 75% in past seven days from Rs 85