Metal stocks shed up to 10% last week. Here’s why
Shares of metal companies such as , , and fell up to 10% in the last week amid recessionary fears in the US, low demand in China, and poor Q3 results.Shares of , , , and also declined up…
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Companies may find it costlier to raise funds overseas
New Delhi: India Inc's foreign borrowing costs could rise with the possible end of a decade of tax breaks that kept the external commercial borrowing (ECB) issuances market buoyant. The…
Supply side remains supportive structurally for commodity basket: Pinakin Parekh
"Obviously this is not 2009 where you had a trillion dollar stimulus in China on a much smaller economy base. What we are talking about is essentially minus 2 to 3% demand moving to a plus 1…
Metal stocks rally up to 6% last week. What’s cooking?
Shares of metal companies such as , , and rallied up to 6% in the last week amid higher export bookings and reports that Indian steel mills are eyeing price hikes in January on the back of…
Quarterly earnings, inflation data major factors to drive trends in equity market…
WPI inflation data, the ongoing quarterly earnings and foreign fund trading activity would largely dictate terms in the equity market this week, analysts said. Global trends and Brent crude…
Market outlook: Earnings, macro data among 6 factors to drive D-Street this week
After a fairly subdued start, domestic equities managed to end the last week in the positive territory, buoyed by the encouraging inflation data, both in India and the US. Consumer price…
Nifty50 cos likely to report double-digit revenue, profit growth for Q3
The input cost pressure was lower during the quarter.SynopsisHemang Jani, equities head at Motilal Oswal Financial Services, expects banking and finance, and automobile companies to drive…
Tech indicators hint weakness is not yet over: Analysts
Most technical data points, such as FPIs’ long-short ratio, current price setup, and India VIX, among others, indicate the correction is not yet over. However, a move above 18,500 by Nifty…
Earnings Tracker: TCS to kickstart Q3 result season on January 9
The IT major TCS said that a meeting of the board of directors would be held on Monday, January 9, 2023, to approve the audited standalone and consolidated financial results of the company…
Metal stocks rally up to 8% amid reports of steel price hike
Shares of metal companies such as , , and rallied up to 8% amid reports that Indian steel mills are eyeing price hikes in January on the back of improved global cues and the firming up of…