FMCG stocks are seeing re-rating post-stellar results from majors like Hindustan Unilever, ITC, Britannia, Nestle India and Godrej Consumer Products.
Godrej Consumer Products: Motilal Oswal
A post graduate in management & systems from the Indian Institute of Technology (IIT), Delhi, Shailendra Kumar, co-founder and chief investment officer of Narnolia Securities, has acquired more than two decades of experience in the investment management industry.
Synthetic rubber’s loss can be gain for natural rubber. Heading north, crude prices have reached the highest levels since 2014 and are heading towards $80 per barrel.
Rise in core inflation and increasing upward risk to overall CPI would keep RBI slightly hawkish, said Anurag Jain, chief investment officer, Canara-HSBC Oriental Bank of Commerce Life Insurance Company, in an interview with Sangeetha G.
With the US-Iran issue remaining unresolved, Brent crude touched $80 a barrel last week. Further escalation of prices towards $85 a barrel cannot be dismissed in the first half of 2018.
Our pan-India channel checks indicate that demand traction continues to remain healthy in April across most markets in India (barring the northern region). While sand issue continues to hit cement sales in Rajasthan, sand availability has been improving across Maharashtra, Bihar, and Tamil Nadu.
Most of us wish we had more money than what we actually have. We may need funds for varied purposes like family functions, travel, purchase, home renovation and medical emergencies. Requirements differ, but borrowing has become a modern reality.
Till the week before last, neither call options nor put options buyers could make any money because of the benchmark index’s range-bound moves. But last week traders with long positions in put options have made money.
After moving in sideways range for more than eight sessions, the Nifty witnessed a correction last week, losing a net 210 points, but it lost 333 points from the high of 10,929 it had touched on Tuesday. Even as the Nifty corrected, mid-cap indices managed to float around.
The year 2018 hasn’t started exactly with a bang. Rather, a whimper could be heard from the very beginning that this was going to be a volatile year for India’s capital markets.
Sudhir Kedia, fund manager at Mirae Asset Mutual Fund Company, has over a decade’s experience in the capital market, largely in fund management and equity research. Prior to joining Mirae Asset, Kedia was associated with ASK Investment Managers as an associate portfolio manager.
Though the political uncertainty bothers, the market has shown the ability to withstand changes in the political landscape and has provided consistent performance over the past decade, said Prateek Agrawal, business head and CIO, ASK Investment Managers, in an interview with
Castor seed prices, which had largely remained bullish last year since the commodity resumed trading at the exchange in January 2017, have been weakening since the beginning of this year. From the current low, market expects some recovery in the coming months due to export demand.
With speculators liquidating positions in line with the subdued physical market trend, mustard seed prices were down by Rs 17 to Rs 3,789 per quintal in futures trade on May 4.