Key Points
With some strength in the US dollar coming back, there is global trade which is getting started, metal prices have come down and sectors, which benefit from weaker local currencies have seen a recent bump up..
The question is whether the domestic IT companies, which have been witnessing a phase of underperformance, especially the largecaps, will have any recovery due to the rupee factor?.
Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores...
While the management commentary of most large IT companies is towards caution but the performance on the Street has not been matching what they have been saying..
Except one large IT stock which had been a perennial under performer, most of the other IT stocks are not very far from the highs they had touched almost two..
You might be interested in
Top Nifty50 stocks analysts suggest buying this week
20, Mar, 23Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
These bank stocks can offer 20-50% returns to investors
05, Apr, 23Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. Click here to know more.
Stay bullish, just know how to calibrate risk: 6 smallcap stocks with upside potential of up to 35%
08, Feb, 24Lower oil prices, softer inflation, better than expected GDP numbers, clear indication of interest rates coming down, policy continuity and finally strong price action by the bulls. There are many reasons for the current state of the smallcap segment. Whatever the conditions or tailwinds, one basic principle should never be forgotten. When it comes to equity as an asset class, smallcaps are always the riskiest place to take exposure so always be cautious. On the other hand, if one can find right smallcap stock at the right time, gains are much higher. But it is not an easy task to find the right stock. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks and lists stocks that fulfill the various criteria as specified in the algorithms & filters to find those that might help navigate the market.
Nifty Metal index stocks are a better basket buy than single stock exposure
02, Jun, 23After the reopening of China, metal prices were expected to inch upward, however the slide continues. Is it because of fears of US recession or over optimism of the covid era is getting adjusted to normal. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.