JP Morgan downgrades India to underweight from neutral

JP Morgan downgrades India to underweight from neutral

NEW DELHI: Foreign brokerage JP Morgan downgraded India to ‘underweight’ from ‘neutral’, saying GDP growth may disappoint, adding to the downside risks to EPS estimates. High inflation is hurting both households and businesses, the brokerage said as it noted that the MSCI India is trading at a 98 per cent premium to the broader emerging […]

India Stock Market LIVE Updates, Sensex Nifty50 BankNifty VIX: catch latest news, expert views on Russia-Ukraine war impact; crude oil below 0/barrel, new age stocks Paytm, Zomato

India Stock Market LIVE Updates, Sensex Nifty50 BankNifty VIX: catch latest news, expert views on Russia-Ukraine war impact; crude oil below $100/barrel, new age stocks Paytm, Zomato

Market At Close | Sensex, Nifty50 rise in line with global peers; best day for Hang Seng since 2008 Here are some highlights:  –46 Nifty stocks in the green –Positive developments on Russia-Ukraine front help market see healthy gains –Fear gauge India VIX slips 10 percent, biggest single-day fall in a month –IT stocks gain ahead […]

Gehlaut quits as director of Indiabulls Hsg Fin – Times of India

Gehlaut quits as director of Indiabulls Hsg Fin – Times of India

Mumbai: Sameer Gehlaut, who co-founded the Indiabulls group 23 years ago, is stepping down as the chairman of the group’s flagship company Indiabulls Housing Finance (IBHFL). The decision will also pave the way for the company to turn into a professionally-run entity from being a promoter-driven one. Earlier, Gehlaut had also stepped down from Indiabulls […]

LIVE Market updates on Sensex, Nifty50, Bank Nifty, Russia-Ukraine war impact on market, Russia-Ukraine peace talks, crude oil falls, technical charts, VIX

LIVE Market updates on Sensex, Nifty50, Bank Nifty, Russia-Ukraine war impact on market, Russia-Ukraine peace talks, crude oil falls, technical charts, VIX

Drop in crude oil a big relief, sharp upmove in US yields a negative: VK Vijayakumar VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, says the market has a mix of positive and negatives today.  Positive –Sharp decline in daily FPI selling –IT and financial, sectors that saw sustained FPI selling, witnessing improving prospects –IT […]

The movers & shakers in a volatile market

The movers & shakers in a volatile market

All this is bad news for the global economy still struggling with supply-chain nightmares post the covid-19 pandemic. In India, rising crude and commodity prices have stoked fears of high inflation, which in turn, could put a lid on the economic recovery. The war has also delivered bad news to India’s equity markets. It paused […]

What 40-year high US retail inflation means for RBI and India

What 40-year high US retail inflation means for RBI and India

View Full Image Source: FRED database High inflation in the United States means trouble for countries all over the world, including India. Typically, central banks try to control inflation by raising interest rates. The Federal Open Market Committee (FOMC) of the Federal Reserve of the United States, the American central bank, is scheduled to meet […]

Here are 4 Tata group stocks Rakesh Jhunjhunwala holds. Worth a look?

Here are 4 Tata group stocks Rakesh Jhunjhunwala holds. Worth a look?

Rakesh Jhunjhunwala portfolio is closely followed by retail investors and market observers as it indicates about the direction in which smart money is moving. Big Bull holds around three dozen of listed stocks in his portfolio. However, Tata group stocks have always remained his one of the favourite stocks. Currently, ‘Warren Buffett of India’ holds […]