Christopher Wood, global head of equity strategy at Jefferies reiterates his bullish view, remains structurally overweight on India, and would look to buy Indian stocks on every decline
While fundamental analysts have been sounding alarm over high valuations in the equity markets, given the sharp bull run, they continue to be bullish on Indian markets from a long-term perspective
As of now, clearly bulls are having a firm grip on the market but as we have been mentioning since a week or so, they would find a bit difficult now going ahead
Over the next three - six months, UBS believes earnings will be the main driver for EM equities outperformance
FY22 was once projected to be 13 per cent higher than FY20. Can six months of lockdown bring growth down to 1 per cent?
Here's a selection of Business Standard opinion pieces for the day.
Forecasting is a hit or miss business even in normal times. And at a time when even hindsight is not 2020, predict at your own peril what will happen in 2021
The S&P BSE Sensex fell 812 points by close to 38,034 levels while the NSE's Nifty slipped below the crucial 11,300-mark, down 254 points, or 2.2 per cent, to end the session at 11,251 levels.
In an interview with Business Standard, VIKAS KHEMANI, founder, Carnelian Capital Advisors says earnings should grow by 13-15 per cent in FY21 and the broader markets should deliver 18-20% in 2020
Both the technical parameters - Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) for Nifty PSU Bank index are trading with negative crossover and indicate weakness
Buying in private banks and IT major Infosys propelled the benchmark S&P BSE Sensex to end at a record closing peak of 40,469.78, up 222 points or 0.55 per cent on Wednesday
Snapping their seven-day gaining streak, the benchmark indices ended in the red on Tuesday amid selling in private banks, auto and IT counters
Till Indiabulls Housing Finance does not consolidate at the current levels at least for two months with above average volumes, one should not be optimistic
The S&P BSE Sensex on Tuesday tanked 642 points or 1.73 per cent to end at 36,481.09 while the NSE's Nifty50 settled at 10,818, down 186 points or 1.69 per cent.