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One of the top investment houses in the world, Goldman Sachs, has turned cautious on the Indian IT sector. The margin problems at IT were there for some time, but that is not the reason Goldman is worried about this sector. The concern is over the to

Just two months after the European Central Bank (ECB) had hiked rates by 50 bps, it effected another 75 basis points rate hike in its latest meeting on September 08th 2022. In July, the ECB had taken the benchmark rates from -0.50 to 0.00 and now t

When there is good news and bad news about an industry, it is always best to start with the good news. That is what we will do. The good news is that the estimated losses of aviation companies in FY23 would be about 26 lower compared to FY22. The ba

IT, realty and consumer durables stocks gain in the morning trade! On Thursday morning, the benchmark equity indices opened in the green as the Asia Pacific markets rose by a per cent due to better-than-expected US Inflation data. The Con

Nifty has formed an open=high candle, and the candle structure resembles to a hanging man. The benchmark index traded mostly in the first hour's range. It formed a higher high, higher low candle but was not given any clues of a reversal. There is

On 26th April 2022 Bajaj Finance announced its quarterly results for the last quarter of FY2022 and on Wednesday, 27th April 2022 the Bajaj Finance share price dropped by 6.15. Key Highlights: Bajaj Finance Q4 Results for FY22 Declared

The fashion portal, FSN E-Commerce and owner of the Nykaa brand, had made a big splash in the public issue late last year. However, the stock has taken a fair bit of beating from higher levels. The Dec-21 quarter saw widening of the losses in the qua

For the Dec-21 quarter, Hindustan Unilever, India’s most valuable FMCG company and India’s fifth most valuable company by market cap, reported stellar results. The quarter was supposed to be a tough quarter but Hindustan Unilever announced solid

In a way, Reliance Industries is many companies or many leaderships franchises under one banner. There were some big records created in the Dec-21 quarter, especially Reliance Industries reporting record level of gross revenues above Rs.209,000 Cr in

Axis Bank saw a sharp 3-fold rise in profits for the Dec-21 quarter largely on the back of lower provisioning for loan losses in the quarter. However, the bigger narrative for Axis Bank was that it had seen all-round growth across various verticals l

Two commodity companies; Ambuja Cements and JSW Steel announced their quarterly results on 23 July. Both had a similar story of strong volume growth and better pricing. JSW Steel reported 145.31 YoY growth in sales at Rs.28,902cr. Strong gro

Larsen & Toubro reported 37.98 growth in total sales at Rs.29,335 crore while net profits were up nearly 4-fold at Rs.1,174 crore. Among the various verticals, infrastructure, power, heavy engineering, hydrocarbons and IT did better compared to