Cola price war intensifies with Reliance's Campa expansion
Reliance Consumer Products is intensifying competition in the Indian soft drinks market by expanding its Campa range at half the price of Coca-Cola and PepsiCo brands. This move has prompted Coca-Cola and PepsiCo to increase promotions, though they have not yet reduced prices. The festive season could see further developments in this cola price war. Key Points
Economic TimesGlobal financial markets eye US monetary policy next week for fresh cues
New Delhi [India], September 15 (ANI): Investors across financial markets, including in India, will look for fresh cues from the outcomes of the upcoming US monetary policy review meeting next week, particularly the extent of interest rate cut, if any. The US Federal Reserve’s next meeting is scheduled for September 17-18, 2024. Show Full Article […] Key Points
ThePrintCEA V Anantha Nageswaran cautions against fin mkts swaying policy, macro outcomes
Chief economic adviser V Anantha Nageswaran warned against letting financial market expectations overly influence India's policy and macroeconomic decisions. He highlighted the potential risks of financialisation, referring to excessive market dominance, and emphasized the need for a balanced approach to sustain growth and avoid pitfalls seen in developed nations. Key Points
Economic TimesSensex, Nifty hit fresh all-time high levels in early trade
The 30-share BSE Sensex jumped 416.62 points to hit a new record peak of 81,749.34 in early trade. Equity market benchmark indices Sensex and Nifty hit their... Key Points
The Tribune IndiaMarkets turn flat in highly volatile trade tracking sluggish global trends, fresh foreign fund outflows
The 30-share BSE Sensex climbed 46.5 points to 81,402.34 in early trade. Equity benchmark indices climbed in early trade on Tuesday but were trading flat in a... Key Points
The Tribune India
Why is Modi govt afraid of its own successes? Banking, stock market, GST hold the answer
Since 2014, the Modi government has been aggressively expanding access to banking services and encouraging participation in the stock market. Simultaneously, it has sought to substantially boost GST revenue. Key Points
ThePrintAther Energy aims to raise market share with foray into family scooter segment
Kolkata, Jul 5 (PTI) Electric two-wheeler maker Ather Energy is hopeful of increasing its market share as it forays into the family scooter segment, a company official said on Friday. The Bengaluru-based firm has so far been manufacturing sporty scooters. “The company has now entered the family scooter segment to capture a larger share of […] Key Points
ThePrintNew SEBI proposals on tightening futures & options norms will strengthen market, protect investors
SEBI paper proposes new eligibility criteria for stocks to qualify for futures & options market. The market's strong growth signals that norms need a review to protect investors. Key Points
ThePrintIndia’s market cap grew faster under UPA than Modi govt, but other indicators faster in past decade
BJP leader Piyush Goyal Friday highlighted milestones of Indian stock market. ThePrint examines, compares his assertions to UPA period. Key Points
ThePrintIn a first, BSE-listed companies’ market cap hits $5 trillion mark
The combined market capitalisation of BSE-listed companies hit the $5-trillion milestone for the first time on Tuesday. At the close of trade, the total... Key Points
The Tribune India
How can we measure the size of Australia’s illegal cannabis market - and the billions in taxes that might flow from legalising it?
Legalisation aims to redirect profits away from organised crime, safeguard people aged under 18, and protect public health through strict safety and... Key Points
The Tribune IndiaA good monsoon, continuity of political setup and capex boom to keep us in good shape for next 12 months:
Raamdeo Agrawal predicts BJP's Lok Sabha success, NDA gains, and current government continuity. Foreign investors sell billion daily due to election risk, causing market turbulence. market bets on continuity for corporate earnings. Key Points
Economic TimesThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The “risk on trade” which had started with the US Fed indicating a pause in the interest rate cycle last year, got halted in the Indian market for the first three months of 2024. If one goes on by the market breadth, there are indications that it might be getting started once again. Keep an eye on liquidity and the market breadth in the next few sessions as that will determine what happens to mid-cap stocks in the medium term. If the market breadth stays positive then it is very likely that we might see more strength in mid-caps. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesIndia’s record equity valuations a vote of confidence by FPIs: Buch
Sebi Chairperson, Madhabi Puri Buch, applauds FPI's trust in India's growth as local equities peak. market efficiency enhanced with shorter settlement cycles, reflecting global confidence in Indian markets. Key Points
Economic TimesStay bullish but just be more selective: 5 midcap stocks from different sectors with potential upside of u
If one goes by what is happening on the street today, we probably are once again going back to a situation where mid-caps are charting their own journey and bulls are backing it. While the valuations are expensive, there is no point in fighting with liquidity, if it is going to mid caps and they are moving up irrespective of valuations or quality of stocks one cannot argue. But the only thing which as an investor one can do is to be careful when taking exposure to this segment of the market. Stay away from stocks where there is a narrative of stocks doing well that are not backed by fundamentals and track record. If the market stays like this, very soon once again there will be no dearth of tips floating in whatsapp groups and telegram channels. But there is enough evidence in history to show that finally it is earnings and valuations which decide what would be the price of stock price and clues about earnings come from just two things, sector and the management. So, focus on the sector and the quality and ability of management. Key Points
Economic Times
What to expect from Q4 earnings season? Taher Badshah answers
We did get a little bit of that regulatory scare as well and that probably also contributed. But I think that is exactly what you are probably going to get up until the time you have a situation where the broad domestic economy is expected to do well, I doubt if you will probably get very-very punchy corrections. 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 TimesIndia, Korea and Japan to see more IPOs while China stalls
While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijings decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence in its equities market. Large deals in Hong Kong also vanished amid concerns about Chinas economy. The city hasnt hosted an offering larger than $1 billion since Oct. 2022. Key Points
Economic TimesETMarkets Smart Talk: market could decline 20-25% from current levels by end of FY25: Amit Goel
Amit Goel predicts a global bear market, advises a multi-asset approach. He also warns of overvaluation in defensive sectors and discusses post-election sector performance. Goel further anticipates minimal crude oil impact on equity markets amid global rate cuts. Goel says: We would advise our investors to be extremely underweight in mod and smallcap segments and have a multi-asset approach in their portfolio Key Points
Economic TimesNo Monday Blues! Nifty50 hits fresh record high, Sensex surges 500 points
Indian equity indices surged on Monday, with Nifty50 hitting a record high. Several top companies gained in early trade, and sectoral indices showed positive trends. Experts expect sustained bullish momentum with a focus on largecaps for potential growth. Key Points
Economic Times
FY25 Outlook: Can Nifty 50 repeat the feat of FY24? 5 crucial challenges that loom
FY25 Outlook: Indian stock market benchmarks Sensex and Nifty 50 ended FY24 with gains of 29 per cent and 25 per cent respectively. Challenges for Nifty 50 in FY25 include rate cuts, earnings, geopolitical tensions, etc. Key Points
mintIndian stocks close 2023-24 firm, indices accumulate 27-31pc returns
New Delhi [India], March 30 (ANI): Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level. Sensex settled 0.88 per cent […] Key Points
ThePrintStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 38 %
After remaining under pressure for the first three weeks of March, there was some recovery at least in the broader market indices in the last two trading sessions of FY 24. It might be too early to call it a recovery, because if one looks at the market breadth, while it was positive, the way it cracked in the last one hour of trade indicates that a part of the market is still very much witnessing profit booking. So, it would be worthwhile to get more confirmation about bulls getting back to different corners of the street. In such times, it would be better to stay with stocks where there has been improvement in score due to one or the other reason. 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 TimesIndian stocks close 2023-24 firm, indices accumulate 27-31% returns
India Business News: Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9% on Thursday, backe Key Points
Times Of IndiaIs all the bad news and views priced in ? 4 stocks from the natural gas sector for contrarian trade.
Gas stocks have been underperforming the market for quite some time. The argument against them has been multifold, right from stagnation in terms of volume growth, companies not being able to expand in newer areas and the latest one being the threat from EV. Couple of months back, an announcement about pushing the electric vehicle (EV) more aggressively in Delhi, brought pressure on the stocks like IGL. While there is no doubt that over a period of time, EV will dominate, does it mean the end of the business of the gas companies? The answer is probably no, there are many other use cases and narrative about negative impact might be over stretched. Also the street might be ignoring the fact that these companies have enough cash on the balance sheet and also cash flows from existing lines of business to move into new areas which are part of the EV eco system. Key Points
Economic Times
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 30%, according to analysts
On Wednesday, thanks to one stock, Reliance industry, nifty was able to make a comeback. But what is more important is that market breadth, which has been under pressure for most of the sessions for the last three weeks, was in the green territory for most of the time. It is important to keep one eye on market breadth as that would be a more reliable indicator for deciding the strength and possible time frame for which the rally may last. Another thing which one should monitor closely is when the numbers of how much money has flown to mutual funds in the month of March which would get released in early April. This would be an indication of how much impact did AMFI advisory to mutual funds had on ground. Also, this would answer the question, whether this is another short term profit booking move or a beginning of a long phase correction and valuation adjustment.During this phase, analysts are bullish on select stocks from different sectors, some of which are either the leaders of their sector or part of the top three companies which are known to be well managed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesIndian stocks close financial year on a firm footing, indices accumulate 27-31pc returns
New Delhi [India], March 28 (ANI): Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level. Sensex settled 0.88 per cent […] Key Points
ThePrintMarkets exit FY24 with smart returns; investors become richer by Rs 128.77 lakh cr
New Delhi, Mar 28 (PTI) Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings. After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns […] Key Points
ThePrintIn new-age business, market share may not always mean profitability
India's FMCG sector is adapting to digital transformation by investing in digital advertising and engaging in direct-to-consumer trends. Legacy companies face challenges from local brands and digital-first startups as market dynamics evolve. Key Points
Economic TimesBullish sentiment reigns as stock market soars at opening bell, Sensex-Nifty gain momentum
Mumbai (Maharashtra) [India], March 28 (ANI): The stock market commenced the trading day on Thursday with a surge of optimism, as reflected in the buoyant opening of both the Sensex and Nifty indices. The Sensex opened 318.46 points higher at 73,317.79, while the Nifty started the day with a gain of 90.70 points, opening at […] Key Points
ThePrintCentre plans to borrow Rs 7.5 trillion from market in H1-2024-25
New Delhi [India], March 27 (ANI): The central government plans to raise Rs 7.5 trillion through market borrowing in the first half of 2024-25 (April-September), an official release from the finance ministry said on Wednesday. The government raises funds primarily to meet the revenue gap. Show Full Article Out of Gross market borrowing target of […] Key Points
ThePrintPenalty of ₹77 lakh for front-running: This is why you should not use your mother’s trading account
The son used his mother’s trading account while working for a company as a technical analyst. Now, the mother-son duo is directed to disgorge a sum of ₹38.78 lakh within 45 days from the date of the order besides the ₹77 lakh penalty. Key Points
mintETMarkets Smart Talk: T+0 settlement may skew ratio of F&O volumes to cash market trades: Trivesh D, Trade
Trivesh D believes 2024 could be a breakthrough year for the Indian stock market, citing historical trends and positive foreign investor sentiment. The market's bullish outlook emphasizes the importance of quality investments in navigating market volatility and building a strong economy. He also said introduction of T+0 the might require improvements in the currenct ecosystem. Key Points
Economic TimesIndian economy keeps its shine, with some red flags
India’s strong footing, especially at a time when recession bells are ringing in Europe, may prove useful to the Narendra Modi government ahead of elections. The country remains on top in Mint’s emerging markets tracker. Key Points
mintEV car race: Will it be a Tesla vs Tata Motors battle on Indian roads?
India's policy aims to attract Tesla for local manufacturing, creating competition with Tata Motors in the luxury car segment. The market sees potential growth with key players like Tata, MG, and Mahindra in the EV sector. Key Points
Economic TimesStock market opens on positive note, reflecting mixed global sentiments
Mumbai (Maharashtra) [India], March 27 (ANI): The stock market kicked off the trading day on a positive trajectory, buoyed by mixed sentiments prevailing in global markets. The benchmark Sensex surged by 222.98 points, opening at 72,658.00, while the Nifty rose by 76.90 points, commencing trading at 22,085.75. Show Full Article market data revealed a mixed […] Key Points
ThePrintmarket has calmed, bulls are back in action: Feroze Azeez
Azeez highlights market calming efforts, regulator focus on mutual fund regulations, positive impact on premiums, and the return of a bullish market trend. Next Thursdays synthetic futures is quoting at Rs 80 premium, while the intrinsic value is only Rs 40. This implies the market's nerves have calmed and the bulls are back in action. Key Points
Economic TimesTraders brace for short 3-day trading week ahead
New Delhi [India]. March 25 (ANI): Indian stock exchanges are braced for a challenging week with just three trading days in the week. On Monday the exchanges remained closed due to the festival of Holi, while Friday will also be a market Holiday on account of Good Friday. The BSE Sensex had clsoed on Friday […] Key Points
ThePrintMaster market Cycles: Recognize patterns, time investments
A common mistake investors make is trying to predict when to buy and sell stocks. Understanding how markets move can help us make smarter decisions about where to put our money. Key Points
Economic TimesSensex Today | Share market Live Updates : Global peers, Gifty Nifty up, indicating a strong opening for Indian markets
Sensex Today | Share market Live Updates : Foreign institutional investors (FIIs) net sold shares worth ₹1,826.97 crore, while domestic institutional investors (DIIs) bought ₹3,208.87 crore worth of stocks on March 21, provisional data from the NSE showed. Key Points
Mint
Pre-market action: Here's the trade setup for today's session
Large caps are better placed in terms of valuation comfort and growth visibility. However, volatility in the broader market cannot be ruled out. Key event to watch – BOE interest rate decision, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. Key Points
Economic TimesSupply constraints are airlines’ Achilles heel
The number of domestic air passengers rose by a mere 1% year-on-year in February (adjusted for the extra day this leap year), the slowest growth in the past 24 months. But there are signs that this will pick up. Key Points
mintLast year was one-two-ka-three market, don’t expect a repeat soon: book profit if overweight on equity: Ni
Nilesh Shah of Kotak AMC advises on asset allocation, profit booking, and market expectations. He warns against chasing past returns, emphasizes long-term investment, and cautions on small and midcap stocks. Regulatory actions aim to maintain market health amidst potential corrections. He says: If you are overweight into equity, this is time to book profit Key Points
Economic TimesBetter option for uncertain times: Two unwanted sectors & 5 strong balance sheets
It is after a long period of time that both indices and market breadth are indicating that finally there is a correction. Now just because the market is correcting that does not mean that money is not going to come to markets. There are still lots of investors who would be sitting on cash and looking to deploy fresh money. The question is in current market conditions with headwinds getting added to already existing ones like high valuations, what strategy should an investor follow so that fresh money which he is putting in performs relatively better? Key Points
Economic TimesStock market psychology and behavioural finance: What investors should know
Financial success is not a hard science. Its a soft skill, where how you behave is more important than what you know. While everybody is looking at the same stock prices, same charts and has access to the same balance sheets and management commentary, not everybody has the same outcome in their trading and investing journey. Key Points
Economic Times
Volatility in market is different from volatile business: 5 large cap stocks with upside potential ranging
There cannot be any doubt about volatility on the street, both as reflected by advance decline ratio or the kind of movement we see in nifty and other sectoral indices, one day down another day up to third day to fall again. Amid the current market downturn, the key question arises: will this correction phase usher stocks from a state of overvaluation to being reasonably priced? Investors aiming to inject more funds into the market during this realignment should consider focusing on specific stocks that exhibit dual advantages. Firstly, identify stocks from sectors exhibiting robust performance, benefiting from sectoral growth. This means that their business is not volatile. Second, essential financial metrics such as Return on Equity (ROE), Return on Capital Employed (ROCE), and company debt levels should not be overlooked. Combining the two the sectoral tailwinds and individual companies fundamentals is a necessity in times of market correction. Key Points
Economic TimesWe encourage investors to come via SIPs with 3-5-year horizon: A Balasubramanian
ABSL AMC's A Balasubramanian emphasizes stress tests, portfolio liquidity, and SIP investments for small and midcap funds. market liquidity, retail investors, and informed decisions play crucial roles in managing risks effectively. A Bala further says: . The current discussion, which has been there for quite some time in consultation with AMFI committee as well as Sebi, is more of a deep dive given that this segment of the market has been getting more money in the last few years. Key Points
Economic TimesEarnings momentum starting to slow down; margins may falter in Q4 & Q1: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Manager discusses market trends, emphasizing trust, performance, and purpose. He advises on investment opportunities in pharma, chemicals, and private banks while cautioning against risky stocks and advocating selective stock picking. He also says: We believe that the recent correction is very small compared to the larger returns in the past one year. Key Points
Economic TimesThere is no hurry to buy today or tomorrow; do bargain hunting in small and midcaps going forward: Porinju
Porinju Veliyath suggests a strategic approach to value investing in small and midcap stocks amidst the current market correction. He emphasizes the long-term economic growth potential of India, projecting a $6-7 trillion economy by 2030. He further poitbs out that he is 100% sure it is not a repeat of 2018 which I have gone through and suffered very badly with huge underperformance to the market. Key Points
Economic TimesA day to forget for small-caps as markets plunge
The Nifty Small Cap 250 and the Nifty Mid-Cap 150 plunged 5.2% and 4.2% respectively, their steepest one-day plunge in over two years Key Points
mint
Crash was expected; stay calm and invested as market will revive soon: Sandeep Raina
Sandeep Raina is not worried about the market crash. Further small cuts are possible, but it's not a bloodbath. Stay invested, the market will revive. Quality midcaps, smallcaps, and largecaps with 20% growth, good ROCE, and cash flows are worth investing. Pharma stocks like Beta Drugs, Kilpest, and Sun Pharma are interesting. Key Points
Economic TimesRs 12 lakh-crore shock! Sensex falls over 700 points. Is the smallcap bubble bursting?
Sensex, Nifty, and smallcap index recorded significant falls. Excessive valuations driven by retail investors are a concern. Sebi chairperson warns of froth building in the market due to unsustainable valuations. Overall the market capitalisation of all BSE-listed stocks fell by Rs 12 lakh crore to Rs 374 lakh crore. Key Points
Economic TimesThese largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%
Today despite the fact that the nifty heavyweights are trading in green territory, nifty is still trading just moving close to the red territory. This along with a negative market breadth is clearly indicating that finally a phase of profit booking has come. There is a high probability that this corrective phase may continue further. Because the valuation differential in large and mid cap had increased very sharply, there is more probability of a mean revision trade taking place. It might be better for have a bias toward looking at large cap when investing fresh money. Key Points
Economic TimesNot PLI theme, bullish on IT and tech in vehicles, capital market stocks: Santosh Kumar Singh
Santosh Kumar Singh, Fund Manager at Motilal Oswal AMC, expresses concerns about those areas of the market which have shown sharp corrections and high valuations. He is bullish on auto components, technology in vehicles, and capital markets. He sees potential growth in certain sectors while cautioning about mid and small caps. Key Points
Economic TimesDo SIPs in HDFC, Asian Paints and reap reward in next one year; up ante in metal/OMC space: Sanjiv Bhasin
Sanjiv Bhasin, Director of IIFL Securities, advises investing in PSUs, OMCs, insurance companies, and largecaps like Reliance and HDFC Bank. He also suggests considering stocks like Vedanta, Hindustan Copper, Devyani, HDFC Life, and Asian Paints for potential returns. Bhasin says: We remain in a bull market but fundamentally and technically, we have reached a peak from where we can see some consolidation/correction. ' Key Points
Economic Times
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 35%
While today the movement of the Nifty and Sense will make a number of people think that a correction is taking place in the market. The fact is that the market has been correcting for some time. If one looks at the trend in the advance decline ratio, on the day market is shedding weight, then the advance decline is very negative and even on the day nifty is moving upward, the improvement in the advance decline ratio is not that high. At this point of time, one cannot rule out more profit booking which can bring 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 TimesEuphoria of mid and small caps will consolidate going ahead, says market expert
With valuations contracting, the domestic market became more appealing. The upward momentum was further boosted by upgradation of GDP forecasts for FY23 and FY24, rising to 7% from the previous 6% forecast. Key Points
mintMacro data, global cues, IPOs among 6 factors that will steer D-Street this week
The benchmark Nifty 50 has formed a Doji candle on the daily charts as it stayed below the psychologically crucial 22,500 mark, with call option writers significantly increasing their positions at the 22,500 strike. The near-term uptrend for the index remains intact. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 34%
While the nifty and sensex have been touching new highs, if one looks at the market breadth, it is showing signs of profit booking. The way things are panning out, it is clear that divergence between what is happening to nifty and the broader market level might continue further. Nifty which has underperformed mid and small cap indices is witnessing a catch up. 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 TimesBitcoin-at-$100,000 forecasts are looking more realistic in the options market
The largest cryptocurrency jumped to another all-time high of more than $70,000 on Friday, capping a seven-week run of more than 70%. In the options market, the open interest, or the number of outstanding contracts, for call options with strike prices of $80,000 and $100,000 has jumped around 12% each in the last 24 hours. Key Points
Economic Times
Sensex, Nifty 50 at record high; is market overheated? What should investors do?
Market sentiment is positive due to strong macroeconomic indicators, but experts warn of a possible correction. Nifty 50 PE ratio is above average, indicating an overheated market. Key Points
mint