After falling for two consecutive days, the Indian market cooled off on Monday with broad-based buying seen across key sectoral indices. Both Sensex and Nifty 50 climbed by a percent each. Except for IT stocks, all other sectoral indices were in the green. Auto, FMCG and metal stocks outperformed, while midcap also witnessed notable buying. … Read more
In 2022, if Indian equities have outperformed emerging market peers, it has been primarily on the back of large-cap stocks as the broader market gave negative returns. But the tables are likely to turn in 2023, and mid-cap and small-cap stocks are set to outperform largecap peers, according to Krishna Sanghvi, chief investment officer – … Read more
By Malvika Gurung Investing.com — The domestic market opened on a positive note on Tuesday following a slump in the country’s retail inflation in November 2022, as tumbled to an 11-month low of 5.88% on an annual basis. The CPI inflation figure declined significantly in Nov from 6.77% in the month earlier, as food inflation … Read more
A woman has her routine COVID-19 throat swab at a testing site despite authorities starting to ease … [+] some of the anti-virus controls in Beijing on Dec. 8. China is the last major country still trying to stamp out transmission of the virus while many nations switch to trying to live with it. As … Read more
“The pace of technological change is accelerating, and it’s leading to increasing skills gaps in the sector.” Apprenticeships are becoming the better route for young professionals in financial services, according to a survey of employees in the sector conducted by tech startup Multiverse. About half of financial services employees (47%) think apprentices in the industry … Read more
Banking funds could outperform if economic recovery continues unimpeded Business Standard Source link
MT Newswires 2022 All news about ADVANCE AUTO PARTS, INC. Analyst Recommendations on ADVANCE AUTO PARTS, INC. Sales 2022 11 109 M – – Net income 2022 611 M – – Net Debt 2022 2 020 M – – P/E ratio 2022 18,1x Yield 2022 3,24% Capitalization 10 959 M 10 959 M – EV / Sales 2022 1,17x EV … Read more
Select segments within PSU theme could outperform amid economic uptick Business Standard Source link
The global brokerage house estimates that India’s gross domestic product (GDP) is likely to surpass $7.5 trillion by 2031, more than double of the current levels, adding about $500 billion per annum on an incremental basis over the decade. Further, India’s market capitalization will likely grow by over 11% annually, to $10 trillion, in the … Read more
Analysts who follow Sunlight Financial Holdings Inc (SUNL) on average expect it to rise 260.17% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns the stock an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled … Read more