Experts Financial News

benchmarks. “Retail investors should not concern themselves too much with market levels," advises Mayank Bhatnagar, Chief Operating Officer, FinEdge about benchmarks soaring. “Today with markets reaching new highs, there is a need for retail investors not to get worried about being left out, but to maintain a suitable asset allocation to equity," says Anil Ghelani, Head-Passive Investment and Products, DSP Mutual Fund, who advises that it would be best not to make any big changes by buying a lot more or at the same time booking gains and sitting on cash.

FinEdge. “With indices at record highs, investors should avoid any hasty decision driven by FOMO, as such market conditions can tempt investors to take undue risks. It will be prudent for investors to continue with their planned investments through systematic investment plans (SIPs).

real estate market, individuals need to understand the various cycles that occur in the property market to make informed decisions about property investments. Before exploring the details of such cycles, it's essential to first comprehend what the term 'property cycle' actually means. Property cycle is a term used by real estate professionals to describe the process of buying, holding, or selling property.

Israel-Hamas war on the world economy may take time to become apparent but it would worsen if it spread to the Middle East, notably Iran, a major oil producer and Hamas sponsor. The global economy would be affected by rising oil prices near $90. Further escalation of the conflict towards other Middle Eastern oil producers is concerning and requires careful monitoring, especially given the global economy's 'higher for longer' interest rate scenario.

policy easing expected to take effect probably in mid-2024. Monetary Policy Easing and Its Impact on Gold Monetary policy plays a crucial role in influencing the performance of various financial assets, and gold is no exception. Gold has historically thrived during times of economic uncertainty, and one of the key drivers of its value is the prevailing monetary policy.

economic stimulus measures in China. The US dollar saw a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of the US economy's resilience. Notably, the US economy posted robust annualized growth of 4.9% in Q3 2023, despite higher interest rates. Core PCE prices and personal spending further reinforced the notion of sustained economic strength. As a result, the greenback reached a three-week high, trading at 106.89.

Nifty50 ended with weekly declines of 2.5% amid the Israel-Hamas conflict, higher bond yields and the ongoing earnings season. Amid a host of important domestic and global events lined up during this week, know what lies ahead for the stock markets. After relentless selling in recent days, Nifty has temporarily paused its decline due to an oversold chart setup, Rupak De, Senior Technical analyst at LKP Securities said, adding that the index closed significantly below the critical breakdown level of 19,250.

Gaurav Bissa, Vice-President, Incred Equities, says “there was a major breakdown in Nifty around 19,000-19250. We had three attempts in this particular zone and all the three attempts we had a very strong pullback. We have finally given a breakdown. It might be a case of breakdown retest. Nifty might go towards 19,200-250 and again start falling down. So I am expecting one more leg of fall and that can also be a swift fall going forward.” After six days of underperformance versus the benchmark, the broader market outperformed on Friday. Where according to the charts, is the broader market going? The broader markets have entered into a downtrend. If you look at the daily charts and at hourly or two-hourly charts as well, there is a clear formation of lower tops, lower bottoms which is a characteristic of downtrend. Also, there has been a fresh swing low breakout that we have seen. This is a technical pullback as for six days we have seen significant downside. The momentum indicators were in a deeply oversold zone. So it is more of a technical bounce back and we may see one or two days more of positive trading but then the downtrend can resume and we may see lower levels coming in the broader markets again.

Shibani Sircar Kurian, Senior EVP, Fund Manager & Head -Equity Research, Kotak Mahindra AMC, says “our belief is that in the near term, given the kind of valuation disparity that we are seeing between the broader market as well as largecap, it is possible that we will see far more volatility in the mid and smallcap segment vis-à-vis largecaps where valuations are far more reasonable. At this point in time, we would believe that at least in the near term, largecaps are better placed than midcaps and smallcaps.” When the market fell, we saw a sharp fall in the broader markets as well and on Friday, the recovery was also led by the same segment versus the benchmark indices. What is this trend that we are seeing coming in for the broader markets? Do you think that fall we saw during the week will continue for the broader markets? Ever since April of this year, the broader markets have led the way and have massively outperformed the largecaps or the Nifty. The way we look at the overall market construct between midcap, smallcap and largecaps is that just in terms of valuation, both the midcap as well as the smallcap indices are trading at multiples on a one-year forward basis which is significantly higher than its long-term average.

Kunj Bansal ofInvestment-illiteracy.com, says “when both domestics and FIIs buy, the market keeps going up. When domestics continue to remain buyers and FIIs turn sellers, the domestics absorb them and the market becomes flat. And when the net selling is higher, obviously the market falls and that is happening for the last few days. So, let us see but still if one has to take a view, now we should gradually get into a range-bound movement of the market for multiple reasons.” Should we be reading at all into today's recovery because it is coming in from an extremely oversold zone? Are we out of the woods or not? These are always difficult calls to take. Having said that, if we analyse the overall scenario, for six days, except Friday, we were continuously falling and after that at some point of time partly a sentimental correction, partly a technical correction, partly a breather was to come, which has come today, which could be due to multiple reasons. One, of course, was yesterday was the futures expiring monthly which is over now.

Also Read: These 10 smallcaps log double-digit rise even as Sensex posts worst weekly decline in a month; do you own? Sensex and Nifty have slipped 3.18 per cent and 3.17 per cent in the last seven days, posted their worst weekly decline in one month. During the week, all sectoral indices ended in red with media and metal declining the most. In the broader markets, the domestically focused small- and midcaps have lost 5.1 per cent and 6.4 per cent, respectively in the past six sessions.

Hurricane Otis is evident everywhere due to broken windows, streets awash in mud, and a city with many people missing. Acapulco hasn't seen a calamity of this magnitude in decades, and the storm's sudden intensity caught even the most seasoned experts off guard. Hurricane Otis' wind speeds soared by 115 mph within just 24 hours, a time frame typically considered too short for such a drastic escalation. This unexpected surge has secured Otis' place as the second fastest-intensifying hurricane in recent history, as documented by the National Hurricane Center. The center didn't hold back, labeling Otis a «nightmare scenario.»

Some observers on social media quickly dismissed it as an «AI-generated fake» — created using artificial intelligence tools that can produce photorealistic images with a few clicks.

On Oct. 20, Mississauga Mayor Bonnie Crombie came back from her temporary leave to overrule a previous rejection by city council and allow the building of four-unit housing on low-rise residential lots.

Devil Comet," known for its ice volcano and distinctive «horns,» makes its way toward Earth. While this massive celestial visitor might seem ominous with its fiery moniker, experts assure that it poses no danger to humanity. Let's explore the fascinating world of this enigmatic comet and when it's set to light up our skies.

AI, automakers are getting big on a number of technologies to make automobiles gadget-like, industry experts told ET. “The mix of 5G, cloud, and edge computing offers a strong cocktail of digital technologies that can transform automobiles into extremely sophisticated and smart objects," Vinod Gopinathan, Chief Information Officer, Ashok Leyland, told ET.

₹20,356 crore worth of Indian equities and offloaded a total of ₹14,561 crore as of October 27, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The ₹20,356 crore-figure also includes bulk deals and investment in primary market. The selling by FPIs through exchanges has been higher at ₹25,575 crore, according to NSDL data.

NTPC on Saturday reported a 38% year-on-year jump in consolidated net profit to Rs 4,726.40 crore for the quarter ended September 2023, up from Rs 3,417.67 crore in the year-ago period. However, it was down 3.6% sequentially. The company had reported a consolidated profit after tax of Rs 4,907.13 crore in the June-ended quarter. The consolidated revenue from operations for the said period stood at Rs 44,983.35 crore, which was up 1.8% from Rs 44,175.03 crore reported by the power company in the year-ago period.

The previous technical note categorically mentioned that the persistent low levels of VIX remain a cause of concern and a violation of 19,400 can trigger a fresh downside for the markets. Quite on the expected lines, the NIFTY remained under severe corrective pressure in three out of the past four sessions. The weakness in the equities was fueled by macroeconomic factors, US bond yields showing a sharp spike, and rising geopolitical tensions in West Asia.

Small savings schemes holders of Public Provident Fund (PPF), Senior Citizens Savings Scheme (SCSS), National Savings Certificate, among others must mandatorily submit their Aadhaar card details. This is especially applicable to accounts who have been opened without Aadhaar.

Technical Analysis and acquiring knowledge of different chart scales, including Arithmetic and Semi-Log, Maya started examining a multitude of price charts across various assets. Some charts displayed continuous activity round the clock, such as forex, while others, like stocks, were only active during exchange hours. With daily charts as the initial point of reference, Maya found herself eager to explore other timeframe charts and gain a deeper understanding of their utility. That's when she decided to seek guidance from Dev, who was always enthusiastic about discussing his passion. Maya inquired, «Hi Dev! As I've been poring over multiple charts, I find myself a bit confused about which timeframes and data intervals are best for charting.