According to the report, the discretionary universe is expected to face a tailwind from new age businesses, which are expected to grow at a 49 per cent YoY rate, while a slow growth rate from paint companies can offer headwinds to this universe.
The Indian telecom sector appears to be entering a phase of stagnation, with global investment bank UBS issuing a cautious outlook ahead, going into the sector's Q1FY26 results.
The Reserve Bank of India (RBI) reported a sharp rise in the value of its gold reserves for the week ending April 11, reflecting a global surge in gold prices.
After the recent market correction, Nifty's valuations have returned to levels that align with its 5-year and 10-year averages, according to a report by HSBC Mutual Fund.
New Delhi [India], February 25: For nearly a decade, Indian stock markets have been on a relentless rise, shrugging off global crises, foreign investor pullouts, and economic slowdowns. Even during the pandemic, when the economy contracted sharply, the Sensex and NIFTY 50 continued their upw
Indian stock markets valuations are closer to their long-term averages after the correction of nearly 15 per cent since September 2024, says a report by Antique Stock Broking.
This valuation is derived from a P/E multiple of 25x on FY30 earnings per share (EPS). The report notes that while fintech companies are expected to enjoy premium valuations during their growth phase, intensifying competition in the long term could result in a compression of these valuati
Foreign portfolio investors (FPIs) are expected to adopt a cautious stance on Indian equities until there is clarity on the recovery in Q3 FY25 earnings and fair market valuations, says a report by Shriram Mutual Funds.
Mumbai (Maharashtra) [India], December 18: IDFC FIRST Private Banking and Hurun India launched the second edition of 'IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2024', a list of the 200 most valuable companies in India founded after the year 2000.
A report by Nuvama says that with current high stock valuations companies are less inclined to give dividends or buy back shares. On the other hand, companies feel reinvesting amid weak growth shall raise supply and have its own risk.