Markets Archives - Page 12 of 13

Markets

Results Update: Tech majors moving to a new orbit

Although some of the top Tier I IT companies such as Infosys or HCL Technologies missed market estimates for the quarter ending March 2021, they finished FY-21 on a strong note across various fronts. Steady deal wins, stable growth, sustained margins, expanding cash assets and buybacks characterized the fiscal ending March 2021 for IT companies. This, in a year ravaged by the Covid-19 pandemic. It is small wonder therefore that their price earnings valuations have moved up in trajectory, well-above their 10-year averages. Let’s take a quick recap of the performance for the latest fiscal and quarter – that led to PE moving to newer orbit. We’ve taken the 4 tech majors TCS, Infosys, Wipro and HCL Technologies for this purpose.

N V Chandrachoodamani April 26, 2021 11 Comments

Markets

Nifty 50 outlook: Struggling index hints at correction

This is an update to the Nifty 50 outlook that was posted about a month ago. The Nifty 50 index has struggled make headway on

B Krishnakumar April 1, 2021 12 Comments

Stocks

Suryoday Small Finance Bank IPO – Invest or avoid?

Small finance banks, with their focus on small ticket loans for urban and semi-urban India, are a play on the underpenetrated market for financial products in India. Yet, after stellar performances soon after their IPOs many of these stocks have seen their valuations levelled. So, when a new candidate – Suryoday Small Finance Bank IPO (Suryoday) comes out in an overcrowded primary market, how should it be judged? Read on.

Vidya Bala March 16, 2021 4 Comments

Markets

Where’s the Nifty headed? A technical analysis

This is an update to the Nifty outlook that was posted on January 9 2021. The Nifty 50 index has achieved the first upward target of 14,600 that was mentioned in the earlier post. And the index also got within striking distance of the second target of 15,900. The Nifty 50 index registered a high of 15,371 before the recent slide.

B Krishnakumar March 7, 2021 16 Comments

Bonds & Deposits

What you should do about the US bond yield spike

Suddenly everyone’s talking about US bond yields surging. I see that the 10-year US government security is up by some 0.02 % to 1.57%. Why is this such a big deal?
While yesterday’s move isn’t big, what’s big is the US 10-year Treasury’s 43 basis point rise in the last one month. This means that, a month ago, investors in long term bonds issued by the US government were getting 1.13% by way of interest and now they’re getting 1.57%. That’s a 40% jump in returns from an asset that is regarded as one of the safest parking grounds for money in the world.

Aarati Krishnan March 5, 2021 31 Comments

Markets

The many roads to mis-governance

Many investors think of corporate governance as an esoteric concept that is good to have. But if is a little dodgy, they think it can be safely ignored, as it doesn’t affect them directly. They couldn’t be more mistaken.

Having discussed the origins of the concept of corporate governance, here are some key ways in which mis-governance at companies you own shares in can directly impact your returns.

R Balakrishnan February 25, 2021 2 Comments

Markets

Outlook on indices that are outperforming Nifty 50

In our last article, we discussed the performance of sectoral indices. A look at the thematic and strategy indices on the National Stock Exchange (NSE) would be a logical follow-up to the previous post.
We will be using the same Point & Figure charting based methodology, that was used earlier, to identify the outperformers in relation to the Nifty 50 index.

B Krishnakumar February 16, 2021 20 Comments

Markets

What the charts predict for 2021

The year 2020 will go down as a historical one for the stock markets for more reasons than one. If COVID-19-triggered crash in March 2020 was dramatic, the subsequent rise was even more remarkable. If someone had predicted at end of March 2020 that the frontline stock indices would close at lifetime highs by December 2020, I am sure there would not have been too many takers for it.

B Krishnakumar January 9, 2021 22 Comments

Stocks

Technical Outlook: Which sectors will outperform?

As the Nifty scales new highs, there are specific sectors that are outperforming the index. In a rally such as the present one, if you have a positive outlook on the broad markets, it makes sense to focus on these sectors than look for contrary picks.

B Krishnakumar December 20, 2020 No Comments

Stocks

CAMS IPO: Should you invest or avoid?

Computer Age management Services Limited (CAMS) is the leader in the two-player MF Registrar and transfer agent (RTA) industry, with a 70% market share. It services 16 of the 41 AMCs and 4 out of the top 5 AMCs that account for a lion’s share of Indian mutual fund assets.

Vidya Bala September 20, 2020 27 Comments

Markets

How to (and not to) play the small cap opportunity

SEBI’s new circular dictating a minimum mid-cap and small-cap stock allocation has left investors in multicap funds scratching their heads. But there’s another set of investors who are thrilled with this move. These are the folks who are already invested in smallcap stocks in their direct equity portfolios or owning smallcap equity funds.

Aarati Krishnan September 13, 2020 18 Comments

Markets

Prime Data Crunch: How deep is the nifty correction?

When you look at picking stocks, the future prospects of the stock, its valuation and fundamentals must play a large role. But in times such as the present crisis, none of these is complete without looking at the market correction itself. So, let’s take stock of where the correction stands and how it compares with the last rally seen.

Vidya Bala April 8, 2020 6 Comments

PrimeInvestor - Articles and Reports

Results Update: Tech majors moving to a new orbit

Nifty 50 outlook: Struggling index hints at correction

Suryoday Small Finance Bank IPO – Invest or avoid?

Where’s the Nifty headed? A technical analysis

What you should do about the US bond yield spike

The many roads to mis-governance

Outlook on indices that are outperforming Nifty 50

What the charts predict for 2021

Technical Outlook: Which sectors will outperform?

CAMS IPO: Should you invest or avoid?

How to (and not to) play the small cap opportunity

Prime Data Crunch: How deep is the nifty correction?

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