Did masks help in fighting Covid-19? Some still trying to figure out
Whether wearing a mask can really prevent the spread of the virus is still doubtful. A recent study claimed that it probably "makes little to no difference." Key Points
India TodaySmaller the better: 4 stocks with the right PEG ratio for long-term wealth creation
Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. PE ratio is one of the most overused and misused ratios, it is used by all and sundry to justify their valuations and create a mirage of value. Right from investor presentations to research reports, one finds its mention everywhere. Is there any alternative to it? Key Points
Economic Times4 stocks with the right PEG ratio for long-term wealth creation
Given the huge difference in what is value and what looks cheap due to one financial ratio, more often than not, relying on PE may lead to wrong investment decisions. It would be better to use the PEG ratio. Calculating it is a complex process and comes with its own set of challenges. The challenge with PEG ratio is the quality of the earning forecast and given that in an ever-changing macro environment, even the best of the forecast for any business can go wrong which may impact other elements which lead to some unexpected changes. Key Points
Economic TimesCONCACAF Gold Cup 2023: Full schedule, scores, where to watch, live streaming options and more
The 2023 CONCACAF Gold Cup will be held in various cities across North America, including Toronto, Arlington, Charlotte, Chicago, Cincinnati, Glendale, Harrison, Inglewood, Paradise, St. Louis, San Diego, Santa Clara, and Houston (twice). Key Points
Economic TimesFor risk takers with long-term perspective: 5 midcap stocks with upside potential of up to 47%
Now that sensex has turned negative for 2024, focus will shift on how the returns. The narrative will focus on how returns and how the valuations are expensive. Yes, there is no doubt that valuations are expensive, they were even higher a month back, when everyone was saying cheers to mid-cap. At this point of time the question whether “ I should sell or buy more” needs to be replaced by “what business do I own and whether that business is going to grow or not” The reason why it is important to change the question itself is the fact that it business on the ground which will make the difference between in final returns. If by next month, markets are rallying once again, then all this talk about valuation will go away in thin air. Key Points
Economic Times
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%
While the volatility has been in nifty every now and then, the difference this week was that the mid-cap segment also participated in the correction and breadth was negative. This is indicative of profit booking happening at the broader market level. At this point of time, one cannot rule out volatility with strong bearish bias and more damage to stock prices in the mid-cap segment. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. 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 TimesThese Nifty Financial Services stocks can deliver more than 15% returns
After a long phase of three years of consolidation and relative underperformance, there were some initial signs of the private sector banks making a comeback attempt. However the RBI decision to curb unsecured lending, made the sentiment turn against them. But only sentiment, in reality will it make a difference for their long term perspective is a matter of debate with answer titling in favour of NO. After today’s monetary policy one more risk is off the table Key Points
Economic TimesNew GST rules on anvil; biz may have to explain discrepancy in ITC claims
The GST Council is likely to decide on a new rule in GST law under which businesses would be required to explain the reasons for excess input tax credit (ITC) claimed or deposit the amount with the exchequer. The Committee has suggested that the provision should kick in if the difference is more than 20 per cent and more than Rs 25 lakh. GST Council is likely to take a final call on the recommendation of the Committee in its 50th meeting on July 11. Key Points
Economic TimesTime to consider pharma, take a long-term look at consumption: Anshul Saigal
There is a very stark difference in how consumption patterns are showing up. We are seeing luxury goods and slightly expensive goods and services seeing a significant uptrend while things like glucose biscuits etc, which are at the slightly lower end in category, are seeing some weakness., says Anshul Saigal Key Points
Economic Times