Kotak warns of sharper correction in small and midcaps
The pain in the small and midcap stocks continues with the BSE Smallcap and the BSE Midcap Indices seeing 2% cuts intra-day even though the Nifty and Sensex are off intra-day lows. According to Kotak Institutional Equities, despite the recent correction, valuations are still rich. While “large-cap. indices and stocks may be range-bound, several midcap, small-cap and ‘narrative’ stocks may see a sharper correction.”
Real estate stocks are down as much as 30%. Here’s why…
The Nifty Realty has underperformed most other sectoral indices, falling 21% from year to date (YTD). The Nifty in the same period is down 3%. Some of the key stocks that saw the maximum dent include Oberoi Realty, Godrej Properties, Prestige Estates, Sobha, and Mahindra Lifespace.
What changed from December MPC meet to February meeting? What transpired a 25 bps cut? A comparative analysis
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), during its last meeting in February, voted unanimously to reduce the policy rate to 6.25 per cent. The stance was retained as ‘neutral’, contrary to expectation of change to an ‘accommodative’ stance. The central bank projected FY25-26 real GDP growth at 6.7 per cent and CPI inflation was estimated at 4.2 per cent YoY.
India, US committed to boost trade to $500 bn, negotiations on for ‘strong’ pact in 6-8 months, says Goyal
Union Minister of Commerce and Industry Piyush Goyal on Tuesday said India and US are committed to increasing bilateral trade to $500 billion and the two countries are negotiating a ‘strong’ trade agreement within the next 6-8 months. “…In the next 6-8 months, by establishing a strong trade agreement, we are committed to increasing trade to $500 billion,” PTI reported the minister saying on the sidelines of CII’s India-Qatar Business Forum meet.
5 Stocks That Could Soar Again in 2025
2025 has been rough on the markets.
The bullish sentiment of 2024 has fizzled out, replaced by concerns over inflation, weak demand, and focus on profitability. Stocks that soared in 2024 have come crashing down and investors are struggling to find direction.
Google Trends: These are the 5 most searched economic terms in last 30 days
The month of January was an exciting one with major economic data released, summarising the state of economic growth of the country. From RBI MPC’s announcement that led to a 25 bps cut in the repo rate, to a low GDP growth during Q2FY25, inflation trajectory, CPI inflation at a five-month low, a widened trade deficit, among other key developments were the highlights of the month. Further, the economy is seeing a lot of movements after the Union Budget 2025, wherein Finance Minister Nirmala Sitharaman announced a slew of measures aimed at increasing consumption. The finance minister, while delivering the Budget speech, had also signalled that the government will continue on the path of fiscal consolidation with fiscal deficit target for FY26 pegged at 4.4 per cent of GDP as against 4.8 per cent in FY25.
Honda open to merger talks if Nissan CEO quits
The merger talks between Honda and Nissan is nothing short of a potboiler filled with ‘will they or won’t they’ moments. According to a Financial Times report, Honda is still interested in getting back to the table for merger talks with Nissan, but they have a condition, Nissan CEO Makoto Uchida must step down.?
GBS outbreak: After Maharashtra, Andhra Pradesh and Karnataka ramp up surveillance; 21 deaths reported in India so far
GBS Outbreak: As Maharashtra continues to grapple with the rising cases of Guillain–Barré Syndrome (GBS), other states have also started ramping up surveillance to prevent the GBS outbreak.
ICC Champions Trophy 2025 prize money details – Here’s what the winning team will take home
The ICC Champions Trophy is back after a long hiatus since 2017. The prestigious tournament kicks off on February 19, with Pakistan hosting New Zealand at Karachi’s National Stadium. India will begin their campaign on February 20 in Dubai, facing Bangladesh.?
Maha Kumbh has become ‘mrityu kumbh’: Mamata Banerjee’s big attack on Centre, UP government
West Bengal Chief Minister Mamata Banerjee on Tuesday (February 18) criticised the central government and the BJP-led Uttar Pradesh government for their alleged mismanagement of the ongoing Maha Kumbh Mela in Prayagraj, Uttar Pradesh.?
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