Analysts revised the earnings estimate multiple times - from an EPS contraction in FY21 to the latest estimates of a around 15 per cent growth. Moreover, FY22 EPS is expected to grow further by 30%
Indian markets: A good tactical strategy in the near-term, according to analysts at Antique Stock Broking, is to allocate investible surplus to the Pharma sector as the coronavirus infection rate is o
Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs)
The market breadth was in favour of the bears with the advance-decline ratio at nearly 1:2
Within Asia Pacific (ex-Japan), Credit Suisse is now biased towards second-phase Covid recovery markets-Korea, India, Australia, Singapore, and Hong Kong
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber
For the market to have a real nasty unwind at the global level, Wood believes there needs to be a catalyst in the form of an economic downturn or a material tightening in US Fed policy
From its 3-year lows of 25,639, hit on March 24, 2020 amid the outbreak of Covid-19 pandemic, the benchmark index is now up 96 per cent
Markets have rallied by 80 per cent since April after a heavy 40 per cent correction following the announcement of the Covid-19-related restrictions
If the current bull sentiment remains intact, the Sensex may scale 51,000 while the Nifty50 may hit 15,000 in 2021
Upside target for Nifty is seen at 14,300 odd levels, which happens to be the 138.2 per cent Fibonacci retracement of the downswing seen from 12,430 to 7,511
With corporate asset quality cycle behind and Covid-19 impact fairly contained, analysts at Nomura think front-line banks will see faster-than-expected return on equity (ROE) recovery in 2021
The top three Covid-19 vaccines that are currently awaiting the government's approval in India are: Pfizer and BioNTech, Oxford-AstraZeneca and Bharat Biotech's Covaxin
One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory
A common thread running between China and India, BNP Paribas said, is the focus on some long-range economic plans - targeted at boosting consumption in China and on supporting investments in India
Traders should try to create a long position keeping a close eye on 13,400
Global stocks hit a new record high on Monday as positive data for a potential Covid-19 vaccine came from Moderna
Improved economic performance, better corporate earnings, and a likely global economic recovery could be the comforting factors for the markets in Samvat 2077
Will the markets be able to hold on to higher levels going ahead or will they succumb to profit booking? Here are key levels you need to track
If the economic recovery continues to gather momentum and does better than expected, then stocks of capital goods companies may outperform.