US Stock Reports, Quotes and News
Aashish Somaiyaa, CEO of White Oak Capital AMC, discusses market behavior amidst economic momentum and upcoming elections. He reflects on historical market reactions to changes in leadership, emphasizing the market\’s preference for continuity during strong economic momentum. Somaaiyaa also says he has never seen a bubble where Nifty CAGR across time horizons is 14-15% compounded.
Naveen Kulkarni predicts market reaching 80,000 with robust corporate earnings. Quality largecaps, which have a higher weight in the index, are likely to perform well as the year passes. Global interest rates will decline while the US Fed remains cautious on inflation. Indian liquidity situatiom may improve. The Q4 earnings have been largely positive with no major surprises.
Sumit Bhatnagar says: \”Power, defense and capex are structural themes that are expected to play out over the next decade. While the space has seen significant re-rating and a significant portion of returns are priced in, I believe these themes still appear attractive from a medium to long term perspective.\”
Anand Janes ssays SBI and Nifty PSU Bank Index are showing recovery signs, while the VIX rise could affect post-election Nifty mofvement. Paytm is hinting at possible upside. STLTECH and MARICO broke trend channels, indicating potential price increases. James further says that we are going to see a pullback in PSU bank stocks in the near term.
Sanjiv Bhasin advocates a shift from capex stocks and autos to defensive sectors like IT, FMCG, and PSUs. He highlights opportunities in IT due to a weaker rupee and US spending rebound, emphasizing specific stock picks. Bhasin says: \”It is a good time to start deploying the cash you have raised. By tomorrow, or latest the day after, we should be starting to head up.\”
Market volatility rises with India VIX surging 43% in May. Caution advised by Aamar Deo Singh to focus on quality stocks with longer-term perspective and in SIP mode amid uncertain market conditions. Singh says: \”Market participants ideally should be cautious in building fresh positions and it would be prudent to adopt a wait and watch policy.\”
Europe\’s STOXX 600 index edged higher on Monday as travel and leisure stocks led sectoral gains, with this week\’s key U.S. inflation prints and a slew of economic data from the euro zone set to test the benchmark index\’s record-breaking run.
Europe\’s STOXX 600 index edged higher on Monday as travel and leisure stocks led sectoral gains, with this week\’s key U.S. inflation prints and a slew of economic data from the euro zone set to test the benchmark index\’s record-breaking run.
Europe\’s STOXX 600 index edged higher on Monday as travel and leisure stocks led sectoral gains, with this week\’s key U.S. inflation prints and a slew of economic data from the euro zone set to test the benchmark index\’s record-breaking run.
Europe\’s STOXX 600 index edged higher on Monday as travel and leisure stocks led sectoral gains, with this week\’s key U.S. inflation prints and a slew of economic data from the euro zone set to test the benchmark index\’s record-breaking run.
Dalal Street\’s fear gauge, India VIX, surged over 60% this month, hitting a 52-week high of 21.49, as Sensex plummeted over 2,000 points. FIIs withdrew Rs 19,000 crore. Sensex fell 800 points today amid election uncertainty but rebounded as voting progressed.
In the ongoing Lok Sabha elections, a low voter turnout has led to a decline in the Sensex and Nifty. Union Home Minister Amit Shah, a BJP leader, has advised investors to view this dip as an opportunity to buy, stating that the market has experienced larger drops before and attributing the current situation to rumors rather than election-related factors.