Strategy Financial News

Gautam Duggad, Head Of Research — Institutional Equities, Motilal Oswal Financial Services, says: “The consumer discretionary sector holds a significant position in our model portfolio, with eight consumer stocks, predominantly of a discretionary nature. The second sector of interest is hotels, which has ample room for growth after emerging from a decade-long downtrend. Similarly, the real estate sector, which witnessed a prolonged downturn from 2008-09 until recently, is now showing signs of a more enduring uptrend. ” What is the outlook when it comes to the IT space? Does that cautious stance continues due to uncertainties? If so, would the strategy be to look at a mix of large and midcaps or would you stick to just the largecaps? Gautam Duggad: As far as IT is concerned, we are running an underweight stance in our model portfolio. While the stocks have underperformed, especially the largecaps because if you look at the prices of some of the largecaps today, they are still trailing the prices that they had in October 21. Now, with Accenture's guidance yesterday and commentary, the softness can continue to prevail and we might see a little more earnings downgrade.

In this article

By Emma-Victoria Farr

ET Now: What is your assessment of the current market conditions? We observed from derivatives data that Nifty found solid support at 21,900. Additionally, market breadth displayed bullish tendencies. Do you anticipate a continuation of the relief rally or is consolidation also probable? Rajesh Palviya: This week, both indices experienced a breakdown of crucial support levels. Nifty briefly dipped belo

survey has revealed that about 60 per cent of children between the age of 5-16 years exhibit behaviours indicative of potential digital addiction, underscoring the urgent need for effective strategies to mitigate these negative effects. The survey, based on a sample size of 1,000 parents, is conducted by smart parent solution company Baatu Tech. The survey aims to expose how heightened screen exposure poses various risks, including poor sleep quality, reduced physical activity, social withdrawal, and decreased academic performance. «A staggering 60 per cent of children exhibit behaviours indicative of potential digital addiction, and an overwhelming 85 per cent of parents express difficulties in managing their children's online content consumption,» read the survey.

Volkswagen Brand Director, Ashish Gupta, hinted at the potential revival of the iconic Polo. While confirming that there are presently no immediate plans for its relaunch, Gupta acknowledged the possibility for its return in the future, but with a transformative twist. According to Gupta, the revival of the Polo could manifest in innovative formats such as an SUV or an electric vehicle (EV).

Edited Excerpts of an interview with Livemint 1) How do you assess the current domestic and global market conditions, and what factors are you closely monitoring? Inflation and geopolitical tension are the main factors impacting the global economy at present. US inflation, still hovering above the 3% level is proving to be stickier and more persistent, hence rates are likely to remain higher for the time being and any cut is unlikely in 1HCY24. To add to the concerns, the Red Sea attack by the Houthis added to higher freight rates across the globe.

BJP) on Friday announced its support for the Lok Sabha candidates of the Naga People's Front (NPF) in the Outer Manipur Constituency, the National People's Party (NPP) in both the seats of Meghalaya (Shillong and Tura), and the Nationalist Democratic Progressive Party (NDPP) in Nagaland for the forthcoming parliamentary elections in 2024. The announcement was made by Manipur Chief Minister N Biren Singh and BJP Co-ordinator of North East, Sambit Patra, in separate posts on X. «Following the decision by BJP under the guidance of JP Nadda, and upholding our alliance principles, I am delighted to share that BJP will lend its support to Lok Sabha Candidates of NPF in the Outer Manipur Constituency for the forthcoming Parliamentary elections in 2024,» Manipur Chief Minister N Biren Singh said in a post on X.

MDBs) to share their project implementation expertise and help draw the road map for becoming a developed nation by 2047. The finance ministry held a meeting with multilateral lenders on March 7 and sought their inputs on what it termed a «budget-plus and finance-plus» strategy, which would essentially cover the entire spectrum of project execution and go beyond just planning and financing, people aware of the details told ET. The ministry has reached out to various multilateral bodies to help mobilise other development finance institutions (DFIs) and investors, they said. The ministry wants these MDBs — such as the World Bank and the Asian Development Bank — to also help develop strategies to reduce time and cost overruns, and enable knowledge and technology transfers, among others, they said.

Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside "What we heard on this quarterly call was that the merchandise margin recovery was coming slower largely due to management actions (reducing core product lines) and that sales through 1H25 would remain in negative territory," Barclays analyst Adrienne Yih, was quoted as saying by Reuters The brokerage Barclays slashed its price target by 20% to $114, marking the most significant adjustment on Wall Street following the latest results. Investors were particularly attentive to executives' remarks, highlighting Nike's prolonged direct-to-consumer (DTC) strategy's failure to spur growth as anticipated. Consequently, the leading sportswear manufacturer is pivoting its focus towards revitalizing relationships with its wholesale partners.

financial services, the gold loan (GL) sector, particularly NBFCs, has substantially evolved over the past two decades. It has become indispensable for lower- and middle-income households, emphasising that GLs are a crucial financial safety net for many. GLs enable individuals to access cash using gold as collateral without losing ownership. This shows its vital contribution to financial stability. They are short-term, low-obligation debt where borrowers anticipate future financial resources for repayment. GLs go beyond mere financial transactions. They encompass legacy, emotions, promises and deep-rooted trust. They are more than monetary support. They're a testament to the borrower's confidence and determination to face future challenges, fuelling aspirations in their endeavours. Efforts by GL NBFCs have propelled gold loans into a recognised financial category across India. This push has initiated a noteworthy migration from the unorganised to the formal market. Despite these strides, about 70% of gold loans are still disbursed in the unorganised sector, indicating significant room for growth and integration into the mainstream financial system.

Wipro has promoted six employees to senior vice president (SVP) roles and 25 others to vice president (VP) roles, as per an internal memo. Those elevated include Wipro's chief delivery officer Ajit Mahale, healthcare portfolio leader Anuj Kumar, Canada country head Kim Watson, Europe cloud sales head Srinivasaa HG, the head of its cloud arm's strategy and execution arm Satish Y and consulting unit Capco's chief financial officer (CFO) Benjamin Simon.

Apple didn’t need any more trouble, but trouble has had a way of finding the iconic tech giant lately. The Justice Department sued Apple on Thursday, accusing the company of monopolistic behavior over the way it runs its iPhone business. “We allege that Apple has employed a strategy that relies on exclusionary, anticompetitive conduct that hurts both consumers and developers," Attorney General Merrick Garland said in announcing the case.

Interest rates are likely to come down later this year, with the Federal Reserve on track to start cutting rates. But mortgage rates might not follow as quickly. That is because mortgages, and mortgage-backed bonds, just aren’t as in demand in financial markets as they were in the years before the Fed began to start to tighten in 2022.

Jairam Ramesh on Friday rejected the BJP's claims that the 2024 poll results are a foregone conclusion, saying «tiger mein abhi bahut jaan hai» and the opposition bloc will repeat the history of 2004 when the saffron party was unseated from power despite its 'shining India' campaign. The Congress general secretary in-charge communications also said his party is going into the Lok Sabha polls with its «five nyays» and «25 guarantees», and has full confidence that the opposition INDIA bloc will get a clear mandate. In an interaction at the PTI office here, Ramesh also said the Congress' guarantee is not of one person but of the party and its «ghoshna patra (manifesto)» will be called the «nyay patra» which will focus on Yuva Nyay, Nari Nyay, Shramik Nyay, Kisaan Nyay and Hissedari Nyay and the 25 guarantees under these. Asked if the polls will be about «Modi ki Guarantee» versus the Congress' «nyay» guarantees, he said, «Our guarantee is not of one person. We are giving the Congress guarantee and are giving these guarantees on the basis of our experience.»

Nike shares tumbled nearly 8% in early trade on Friday after the Air Jordan maker forecast a drop in sales in its first half as it replaces older styles with trendier sneakers in its fight for market share with newer brands. The company plans to trim supplies of classic shoes such as its Air Force 1 and Pegasus, financial chief Matt Friend said on Thursday, to focus on reviving its running shoe category, as well as upcoming launches including its Air Max Dn.

Renault Nissan Automotive India Pvt Ltd on Friday said it has received Platinum category recognition for its efforts on water conservation from internationally accredited body DQS. Germany-headquartered DQS is an internationally accredited ISO certification agency specialising in audits, assessments and training across the globe. The firm conducted a rigorous audit at RNAIPL factory in February 2024, the company said in release issued on World Water Day today, The certification marks the success of Renault Nissan Automotive India Pvt Ltd (RNAIPL) in implementing a comprehensive strategy to reduce the Chennai manufacturing facility's water footprint through extensive rainwater harvesting and recycling of wastewater, among other steps. The company said that it has also set a target of achieving a 21 per cent reduction in water usage by 2030. The Chennai-manufacturing facility uses recycled water for a variety of industrial purposes. «RNAIPL has an unwavering commitment to sustainability and responsible water management.

credit score? Apart from the standard tricks of paying bills on time and clearing your outstanding credit card payments, there are some specific strategies that you can follow on the advice of the credit score repair services. These credit repair companies, usually work by offering to improve your credit score by identifying and addressing errors or inaccuracies on your credit report. Here is how they generally operate: Initial consultation: When you engage with a credit repair service, they will typically start with an initial consultation.

Consumers showed more confidence in personal financial situations over the next year and the previous year, as well as the general economic situation over the next year compared to February. The future personal financial situation measure was at +2, up from 0 in January and February. The report noted that this was the first positive and highest score since December 2021. Consumer confidence dips for first time in three months Jon Staton, client strategy director at GfK, said the improved personal financial measure is «encouraging» and welcome news considering the «fiscal drag» face...

In Friday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached, whether the stock has seen a buildup of a fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.

stocks witnessed a build of fresh short positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not. To understand it we have to look at what “ short selling” means. When a trader is expecting the stock prices to fall, he may sell the stock without owning that and buy at a lower price, for example, stock XYZ is trading at 100, a trader sells the stocks at Rs 100 and buys it back at Rs 90. He made a profit of Rs 10. Selling the stocks without owing the underlying stock is called short selling.