Senior Editor-Markets, Anchor- ET NOW, ET NOW ?????? (Economic Times TV) Travel, Fitness, Investing, Philosophy. Studying great investors. Views Personal.
You have to buy whn news is bad, whn Cotton has doubled & China logistics issues is hitting garment exporters...Nitin Spinners, Raymond, Ambika Cotton, Gokaldas all running now....cotton is easing & logistics issue as well...slow retail off-take of Global retailers howevr remain
India Pesticides Ltd CEO's Jain -25% rev guidance- @ETNowSwadesh 26-29% plus margin visibility :- triggers- import substitution, backward integration. Promoters have also been buyers in open mkt last few days
(PTI) Jet Airways starts operational hiring, invites former cabin crew to rejoin
Reliance is becoming a big drag on markets last 3-days in fact after hitting its recent life-highs of 2850 its slipping consistently..street is factoring in a BUMPER Q1, thanks to record breaking GRMs, Oil & gas segment could see 50-60% QoQ rise, Qs is how much of it sustains
RBI DG Patra: Inflation should slip to 4% in FY24, after falling to 6% in fourth quarter of FY23. For ref CPI fell from 7.79% in April to 7.04% in May .....wondering when will market starting to price this possible scenario the way other factors like crude is shaping?
Maruti top gainer, crosses 8000/shr. BIG Boost will be seen this yr FY23, Yen at fresh 24-Year low !!
*Witnessing pick-up in corp loans *India Inc utilisations hitting 75%, plans for capex on *Retail was already strong, enquiries for corp loans rising *Corp had nods in place but loans were not picking now that's changing *NIMs have upward bias from current levels SBI Says
Oil Likely to Fall Further But Expect Sharp Swings, Citi Says (Bbg) -- Oil prices are likely to subside into the end of the year & beyond, though the path may be bumpy, Citi. While prices should ease into the $80s by the 4th quarter, there’s a risk of spikes in summer
Endurance Tech saw its 3rd consecutive decline in biz in FY22, mgmt sees a reversal to start Sept onward mainly for two-wheeler biz, visibility for semiconductors have improved as well. they see their margins improve by about 160bps on the back of fall in commodity prices.
Vedanta on Bloomberg. Sale of Tuticorin plant at 'exploratory' stage
Assam flood impact denting sentiment on Bandhan Bank.. Skids 8%
More action in cement, this time from Shree Cement. (one of the sharpest capital allocators among cement mgmts in India) Bangur saab has a big fan following personally among fund mgrs. Capex of 2500cr in AP their 1st plan in AP..capacities will come on stream by 2025
Vedanta Seeks Bids to Sell Its Copper Plant in South India: Ad in ET
Sandeep Tandon- Quant MF on @ETNowSwadesh Crude oil not yet peaked out, expect this to peak by August & subsequently inflation will start coming down by then as well
General news channels across the world CNN, India TV others covering inflation currency weakness like topics & similar other business stories almost daily in the evening prime time..
Global fund managers cash levels dip a bit from 6.1% to 5.6%. Hawkish Central Banks & Global recession top 2 risks.. Inflation and Ukraine war slip below in importance.. - Bofa Fung Manager Survey
M&M has sought NCLET nod for merging its EV arm with itself citing better value chain efficiencies. (analysts see this as a precursor to future value unlocking initiatives ahead) ..just like Tata Mot did in its arm...keep on radar..
RBL Bank is a victim of its Ambition says @TamalBandyo while he allays fears of the market even when the stock is locked on 20% down circuit on new MD, CEO stepping in.. Special Discussion on @ETNowSwadesh at 2.30 pm today, tune in
पहले #RIL था च्चेल्लि तेजी and now it has become पेहेलि तेजी !! Great one- liner by @sushilkedia on @ETNowSwadesh
Cement demand to increase, optimism in industry, Committed to a CAPEX of Rs 9,000 cr, says Dalmia Bharat. #Cement