Markets Archives - Page 9 of 13

Re-rating: The X factor in multi-bagger returns

Stocks

Re-rating: The X factor in multi-bagger returns

Ask any new CFA pass-out what drives stock returns in the long run and he’ll likely tell you that is earnings, of course! Equity analysts spend many man (and woman) hours on excel sheets, trying to model the future earnings of companies, to identify stocks to bet on.
But if you look at the journey of multi-bagger stocks over any time period, you’ll find that there’s an X factor apart from earnings that drives multi-bagger returns.

Aarati Krishnan November 29, 2022 5 Comments

Technical outlook: Where the Nifty 50 & key sector indices are headed

Markets

Technical outlook: Where the Nifty 50 & key sector indices are headed

In the previous update on the outlook for the Nifty 50, we had mentioned the possibility of the Nifty 50 index stabilising for a while before resuming its uptrend as one of the possible scenarios. This scenario has played out. The breakout above the positive trigger level of 17,500 confirmed the bullish case scenario as well. The third point worth highlighting is that the Nifty 50 index did not breach the bearish trigger level of 16,400 mentioned in the previous posts.

B Krishnakumar November 13, 2022 9 Comments

Stocks

Should you still bank on banking stocks? Earnings review and more

This earnings season, the standout performers come from the banking sector. While private banks led the revival in earlier quarters, this time around, performance is visible all round – across leading private banks to old private banks and PSU banks.

N V Chandrachoodamani November 3, 2022 5 Comments

Bonds & Deposits

Have short term money to park? Here’s a cast iron option

Lately, it is not just India’s stock market that has been hopping all over the place like an impatient child. The bond market has been doing it too! India’s 10-year government bond yield, which sets the benchmark for all other debt instruments, climbed vertically from 5.8% in July 2020 to 7.61% in June 2022. But after that, it has been unable to make up its mind on whether to climb higher or pause for breath.

Aarati Krishnan October 6, 2022 15 Comments

Stocks

Technical outlook for the Nifty 50

In the previous update on the Nifty 50 outlook, we had flagged concerns about the overbought breadth in the higher time frame and that the breach of 17,300 would trigger a deeper correction with heightened volatility. This scenario is currently unfolding in the Nifty 50 index.

B Krishnakumar October 3, 2022 1 Comment

Markets

Is it time to invest in US equities?

US stock indices have started a fresh bout of declines. This has led smart investors to ask if they should be bargain-hunting US equities at this juncture. The answer depends on where the US economy and earnings are heading.

Aarati Krishnan September 29, 2022 33 Comments

US recession and IT sector slowdown – impact on our stock pick

Stocks

US recession and IT sector slowdown – impact on our stock pick

Will the Indian IT sector slowdown as a result of a looming recession in the US? This is the question that many of you have asked us on the back of a sharp 32% correction in the Nifty IT index from its peak in January 2022. The next question is whether our ‘buy’ on one of the IT stocks is valid now and whether the same can be accumulated. We will try to answer these questions here.

Vidya Bala September 27, 2022 13 Comments

Consumer durables: On the comeback trail

Stocks

Consumer durables: On the comeback trail

Consumer durables is a category that stands between staples and lifestyle goods. This category has been hit on one hand by Covid-led lockdowns, and on the other by inflation eating into margins and hurting demand. The category has seen a more severe impact as it is neither buoyed by the non-discretionary nature of staples nor by the quick demand rebound that lifestyle consumption tends to see.

N V Chandrachoodamani August 23, 2022 4 Comments

A BUY call on this consumer durables maker to play on the sector’s revival

Stocks

A BUY call on this consumer durables maker to play on the sector’s revival

Consumer durables bore the brunt of Covid-induced lockdowns. However, with input prices cooling off & improvements in the demand scenario, we think you can play the revival in the sector with this Prime stock.

N V Chandrachoodamani August 10, 2022 No Comments

Technical outlook: Where does the Nifty 50 stand?

Markets

Technical outlook: Where does the Nifty 50 stand?

In the previous update on the Nifty 50 index, we had mentioned that the Nifty 50 index could retest or drop below the March low of 15,700. Since then, this scenario played out; the Nifty 50 dropped to a low of 15,183 on June 17 and has since been on a recovery path. Many of you have asked us where the Nifty 50 stands now. Here’s the view as the charts show.

B Krishnakumar July 5, 2022 4 Comments

General

How I handle bear markets

As per the above table, we are not yet in a bear market, though it would seem to be just round the corner. But what the data shows is that the period taken to recover from the onset of a bear market back to regaining the previous peaks can be as short as three months or as long as 74 months.

R Balakrishnan June 28, 2022 14 Comments

Markets

When the last bull throws in the towel: Are we at market capitulation?

Capitulation marks the end phase that puts a full stop to a bear market and lays the foundation for the next bull phase.

Capitulation is a phase when the sentiment turns so negative that the bellwether indices, stock prices and stock valuations plunge to levels which fundamental analysts didn’t even imagine! When Warren Buffett asks you to ‘buy when there’s blood on the Street’, it is the capitulation phase he’s referring to.

Aarati Krishnan June 23, 2022 15 Comments

PrimeInvestor - Articles and Reports

Re-rating: The X factor in multi-bagger returns

Technical outlook: Where the Nifty 50 & key sector indices are headed

Should you still bank on banking stocks? Earnings review and more

Have short term money to park? Here’s a cast iron option

Technical outlook for the Nifty 50

Is it time to invest in US equities?

US recession and IT sector slowdown – impact on our stock pick

Consumer durables: On the comeback trail

A BUY call on this consumer durables maker to play on the sector’s revival

Technical outlook: Where does the Nifty 50 stand?

How I handle bear markets

When the last bull throws in the towel: Are we at market capitulation?

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