In the year 2022-23, defense budgets and revenues for defense contractors are expected to remain largely stable or increase, as military programs continue to be critical to national defense
Interestingly, between 2008-09 and 2019-20, the ratio going past 100 per cent was a rarity
Shares of NMDC (formerly National Mineral Development Corporation) rallied over 4 per cent on Friday, even as the stock got removed from the Nifty CPSE index
In the past one month, it has gained 16 per cent, as compared to a 10 per cent rise in the S&P BSE Sensex
Naha says that fears of a recession are less of a concern for India than the developed markets and that domestic equities are likely to remain more insulated to global macro challenges.
The two big challenges of inflation and aggressive FII selling are behind us, believes Sachin Shah, Fund Manager, Emkay Investment Managers
As a result, the yield 10-year US government bond is down 14 per cent in the last seven weeks while the S&P 500 up 11.3 per cent in the period
Whether the recent strength in the currency will sustain or not depends on the monetary policy trajectory of the Reserve Bank of India, foreign flows, and crude oil prices, experts said.
The strong store additions coupled with early signs of demand revival supported growth during the quarter.
Share sale could fetch as much as Rs 3,300 cr
Near term volume growth, margins could add to the concerns
Interestingly, returns have been negative in July only once in nine years
FPIs bought shares worth Rs 4,989 crore in July after being net-sellers since October
On Monday, the FPIs bought shares worth Rs 2,320 crore, according to provisional figures from exchanges
'I strongly believe in the benefits of diversification within an asset class', said Abhijit Bhave
The bullishness stems from a positive long-term outlook for automakers
Rising inflation, rising interest rates, and slow growth together act as a cold wet blanket on the stock market
This follows 2020, 2012, 2011 pattern, and the one in 2008, during the Global Financial Crisis
FPIs buy shares worth Rs 6,300 crore, first net inflow since Sept 2021
Among Sensex constituents, Tata Steel, Sun Pharma, Bajaj Finserv, IndusInd Bank, Infosys, Asian Paints, Reliance Industries and Bajaj Finance were the biggest gainer