Expect volatility in next 2 quarters be nimble and & capture possible upsides: Dinshaw Irani
Dinshaw Irani of Helios Mutual Fund advises a balanced portfolio approach with lower beta to navigate market volatility. He remains cautious due to weak corporate demand, inventory buildup, and challenges in the IT sector despite industry optimism. He says March quarter numbers will be the first ones where after six consecutive quarters of growth, one may see some kind of cuts getting built into the earnings per se. Key Points
Economic TimesTime to book some profit in real estate, auto stocks and Vodafone; 2 stocks to buy now: Sanjiv Bhasin
Sanjiv Bhasin says: “Be cautious of some of the outstretched valuation and when you get these big brokerage calls of absurd returns, you should be selling. Right now, if I have comfort it is in some of the PSU oil marketing companies, some of the pharma names. And if you want I can suggest two names which I think can outperform from here.” Key Points
Economic TimesFor IT, 2024 might be a tougher year than 2023: Sandip Sabharwal
Analyst Sandip Sabharwal believes that 2024 might be a tougher year than 2023, contrary to what most analysts are predicting. He warns investors to be cautious about stocks that have seen a decent run-up in anticipation of performance improvement. Sabharwal also expresses skepticism about the IT sector, stating that while some specific companies may do well, larger diversified IT firms are facing significant challenges. Key Points
Economic TimesUS bank bosses predict soft landing as consumers stay resilient
U.S. bank chiefs expressed more confidence in the economic outlook for 2024 after consumers and businesses showed surprising strength this year. Key Points
ReutersStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%
After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. Even the Samvat 2080 started with a bullish gap up opening in Sunday's special trading session. though it needs to be seen whether there is follow up in coming days. Being a truncated week of trading, volumes are likely to be low. So be cautious rather than being overtly bullish. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times
Paytm stock: Risky doubler or potential 30% decline?
Dipan Mehta points out that Paytm's earnings have been impacted by RBI regulations. One should be cautious about investing in this stock due to uncertainty. While QSR companies' valuations are high, earnings have disappointed. Devyani and Jubilant FoodWorks underperformed. Varun Beverages worked well. There are regular soft patches in QSR companies. We remain cautious on the QSR space. Key Points
Economic TimesMakar Sankranti 2024: How the Sun's transit in Capricorn will impact all zodiacs
Makar Sankranti in 2024, which will occur on January 15, is significant as the sun transits to Capricorn. Know more about its impact on all zodiac signs. | Horoscope Key Points
Hindustan TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 40%
When should one be cautious, in a strong trending bullish market which has lasted for months or bearish markets? The answer is both, in case of a bullish market cautious in “what is one buying” and in bearish markets, “what is one selling”. The reason selling a good stock just because the market is in a bearish phase is as bad a decision as buying the wrong stock. But at this point of time we are in a strong bullish phase, it is time to be cautious while buying. So look at stocks where analysts' outlook has improved over the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesIndia’s searing heat wave may make RBI to calm down on rate cuts
A scorching heat wave sweeping through India raises concerns for policymakers amidst inflation worries, and may potentially delay interest rate cuts. Economists predict prolonged heat waves could impact vegetable prices, prompting a shift in the timeline for rate adjustments. RBI remains cautious with inflation persisting above target. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%
At a time when everything on the street appears good and green, there is a case of being selective and cautious. cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, even if it is in a raging bull market, the street never stays in this all good and green mode forever. When the street starts to become selective and gets into correction mode, it is stocks where there has been improvements in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesGold firms ahead of US CPI data on cautious Fed approach
By Swati Verma (Reuters) - Gold prices hit two-week highs on Thursday, as the U.S. dollar and Treasury yields stumbled on the Federal Reserve's cautious approach on interest rates, while investors Key Points
ThePrintTop gainers, losers today: RIL, Tata Steel, Titan, HCL Tech among most active stocks; check full list
Sensex and Nifty closed with modest gains, led by rises in Reliance Industries shares. Market sentiment cautious ahead of macroeconomic data and earnings. Top gainers were Reliance Industries, Tata Steel, Bharti Airtel. Top losers were Titan Company, HCL Technologies, Power Grid Corporation. Key Points
mintTriveni Sangam of flows, sentiment and fundamentals will help sustain this market: Nilesh Shah
“If you are a long-term investor, you can stay bullish. If you are a trader, especially in micro caps, mini caps and small caps, this is time to be cautious For markets to sustain from current levels, the Triveni Sangam of good flows, positive sentiment and fundamentals matching the prices, have to be there.” Key Points
Economic TimesIndian IT stare at bleak holiday quarter on grim outlook
Over the past two weeks, the likes of Microsoft, Alphabet, Amazon and even Meta, Apple and Tesla have indicated a weakening demand environment that could last at least two quarters. Even Microsoft gave a cautious outlook despite strong performance. Key Points
Economic TimesNifty at record high but CLSA is still underweight on India. 5 reasons why
Despite Nifty crossing the 19,000 mark for the first time with $10 billion in foreign institutional investor inflows, global brokerage firm CLSA remains cautious on Indian equities. According to CLSA, the reasons for their cautious stance include rich valuations, margin erosion, overly optimistic earnings growth expectations, the Reserve Bank of India lagging behind other emerging market central banks in policy easing, and overbought conditions in the market. CLSA believes that other emerging markets such as Brazil, Mexico, and Indonesia are better positioned for policy easing. Key Points
Economic Times
Manufacturing, private capex and exports are drivers of corporate earnings over medium term: Saion Mukherj
Saion Mukherjee says: “As we see traction in manufacturing, our expectation is that we will also see a very strong pickup in private capex. So manufacturing, private capex, exports, would be the drivers of corporate earnings over the medium term. Of course, this would have a ruboff effect on consumption as we go forward.” Key Points
Economic TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 41%
Once again everything is looking green, the way FY 25 has started, it appears that bulls were on short term break due to tight liquidity conditions which tends to appear in the last month of every financial year. While the local liquidity condition might improve, the issue of high valuation is still not over. It is still a time to be cautious in terms of not going overboard with taking exposure to a certain stock, selective about what one is buying. The reason, if the street becomes selective and gets into correction mode once again, it is stocks where there has been improvements in the business operating matrix will be able to weather the storm better. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesVerizon case may be delaying Starlink's satcom licence, too
India cautious after it learnt that Verizon had investment from Pakistan and Bangladesh . Starlink, owned by Elon Musk, is facing delays in obtaining a license for satellite broadband services in India, with Verizon Communications partly to blame, according to sources. Starlink's application is hindered by mandatory ownership disclosure rules. Key Points
Economic TimesStick to quality: 5 midcap stocks from different sectors with potential upside of up to 38%
In the last many decades of up and down which markets have seen, one thing has remained constant and that is fundamentals finally rule the stock prices. Yes in the short term, liquidity, narrative do impact the stock prices, but that is one needs to be cautious. So while there is nothing wrong in being bullish given the fact that policy continuity is the next theme on the street. However, just keep your head on your shoulder while being bullish.While at this point of time, there are many reasons to be bullish. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesStick to quality: 4 midcap stocks from different sectors with potential upside of up to 36%
While at this point of time, there are many reasons to be bullish. Right from the result of state elections to GDP numbers to trends in oil prices to US bond yields. However in bullish times there is just one reason to be cautious and that is valuations. At a time when stocks of companies which are under insolvency and where the bottomline has been in red for ages are flying as if there is no tomorrow. So while being bullish don't forget the fact that at the end of the day, fundamental matters and especially when one is looking to take exposure in mid-cap stocks, have more checks and balances by putting more filters. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic Times
Nifty may touch 23,000 over next 1 year; largecaps to dominate: Dipan Mehta
“Across the board, I do not think there is any sector which is highly overvalued per se. But in two to three sectors, especially the external facing ones, like chemical and software, an investor needs to be a bit cautious. I would like to remain underweight in these two industries.” Key Points
Economic TimesSBFC Finance IPO opens for subscription. Should you bid?
Considering the subdued ROE profile of the company as well as high post-issue adequacy of 50%, return ratios are expected to remain under pressure in coming years. We have a cautious view on the issue, said Incred Equities. Key Points
Economic TimesDoctor ordered 25 samosas and lost Rs 1.40 lakh, here is how to be safe from online scams
A 27-year-old doctor working at Mumbai's civic-run KEM hospital fell victim to fraud and lost Rs 1.40 lakh after placing an order for 25 plates of samosas. Here is what happened and how to be safe from online scams. Key Points
India TodayPrecautionary measures taken for Cyclone Mocha, says Mamata Banerjee
"There is no reason to panic about Cyclone Mocha… it may not make a landfall in West Bengal. But the coastal areas of the state have been asked to remain cautious. Alerts have been issued in Sunderbans and Digha on May 10 and 11 as a precautionary measure," she said. Key Points
FinancialexpressSensex, Nifty gain in cautious trade ahead of key macro data
The S&P BSE Sensex was up 132.89 points to 60,290.61 at around 9:35 am, while the NSE Nifty 50 was traded 52.80 points higher at 17,775.10. The broader markets were also trading in positive territory, but with modest gains. Key Points
India Today