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Jefferies On India GDP Revises FY21 GDP Forecast To -7.1% From -8.4% Earlier See FY22 GDP Growth Rebounding To 13% To Factor In Encouraging Trends Equity Risk-reward Still Remains Favourable
Nifty at 13000 Up 75% from March Lows Rally from 7500-12000 led by Reliance, IT & Pharma B/w 12000-13000 Banks, NBFCs & Metals took charge! 12000-13000 important because of many events US Elections, Vaccine News, Q2 Results, GDP Upgrades and FII flows
GDP de-growth estimates being rolled back (today it's CLSA & Jefferies) & Earnings estimate being edged higher ..after Goldman and Morgan few days back ..many others joining the bandwagon...
Jefferies revises FY21 India GDP Forecast To -7.1% From -8.4% Earlier.
Positive commentary from brokerages today morning CLSA Says- First consensus EPS upgrade after 23 quarters of downgrades & Jefferies- Raise FY22 GDP growth to 13% (from 12%)to factor in encouraging trends @CNBCTV18News @latha_venkatesh @ShereenBhan @_anujsinghal @_soniashenoy
Seeing nifty at 13k or 13500 it seems GDP IS 11 pct
"It is true that India’s credit to GDP is very low but India’s NPA to credit is very high. How, with such low credit to GDP, do you have such high NPAs? Ask that question before you ask a conflicted set of bank owners to come in and possibly add to the load of NPAs."
Commodities – Gold Copper and Crude Are we looking at a few years of Commodities doing well, Inflation coming up, GDP Growth, Flow of Money from Developed to Emerging Market etc ? There is a thought that Value should outperform Growth when there is Economic Growth.
#COVID19 and India's dash to #cash. Even as economic activity came to a near standstill after the lockdown, the demand for currency continued to rise. If this trend sustains, currency-GDP ratio may touch 15% this year. Watch here for more 👇�
Sberbank - Commodities Daily - November 24, 2020: > Oil rises again on more vaccine progress and start of US presidential transition process. Today, the market will be tracking German 3Q20 GDP and November US consumer confidence data. The latter is…
Tellimer - Post-Covid debt overhang drives divergence in emerging market credit: As we have previously highlighted, fiscal stimulus has totalled US$11.7tn (nearly 12% of GDP) globally through 11 September, split almost evenly between on- and off-budget…
Tellimer - Globalisation under threat and the markets that could benefit: We find ourselves in an age where globalisation is facing growing threats, as major economies seem set on pursuing more narrowly defined agendas. Trade as a proportion of GDP, a…
After economic activity resumed in the country, China’s GDP grew by 3.2% in the second quarter of the calendar year, suggesting a swift economic recovery. Part of this could also be because of the restoration of supply chains and the restocking of inventory. @karanbhasin95