Wellness Financial News

market scenario is characterised by heightened volatility due to geopolitical tensions, US election cycles, and recessionary fears. To handle the market-wide fluctuations, the investors must strategically position themselves to generate optimal returns with a lesser risk. While expecting higher returns is important, it is crucial to consider the risks involved. During periods of market corrections, many investors succumb to panic selling, ultimately crystallizing losses that could have been mitigated. Portfolio diversification can serve as an effective strategy to buffer against systemic risks and enhance risk-adjusted returns in these uncertain times.

DBS Bank's Senior Investment Strategist Joanne Goh says they have a neutral stance on India but on a risk-adjusted basis, the preference is for small and midcaps where high growth potential offers opportunities for significant returns.

Subscribe to enjoy similar stories. In the world of whole foods, moong dal is one of the most convenient options. When I moved to the US as a newly married woman in 2004, I landed in freezing -10 degrees Celsius weather and craved for hot rasam rice to thaw myself.

Subscribe to enjoy similar stories. In 1875, when the Prince of Wales visited India on a grand public relations tour, officials were confronted with an awkward issue. In keeping with protocol, wherever Queen Victoria’s son went, he would receive presents, from representatives of the Indian people as well as assorted rajahs and nawabs.

Subscribe to enjoy similar stories. MUMBAI : Stocks, bonds, property, gold…everything is booming. Some more than others.

Executives at two-wheeler companies and dealers predict the momentum to continue in the coming weeks, making this festive season ending with Bhai Dooj on November 3 to be among the best for the industry. They also project sales for the fiscal year to be close to the pre-pandemic record of 21 million units hit in fiscal 2019, boosted by an expected pickup in rural economy on the back of favourable monsoons and good farm output, as well as an increase in minimum support prices for several key crops. Also, the recent government decision raising the dearness allowance is expected to put more money in the hands of 10 million central government employees and pensioners, and a part of this is likely to be spent on buying discretionary items like two-wheelers. Sales of two-wheelers rose 15.4% in the 10-day period of Dussehra ending October 12 compared with the festival days of October 15-24 last year, shows vehicle registration data from the government’s Vahan portal, collated by Goldman Sachs. Other segments of the vehicle industry too posted growth, with sales of cars increasing by 6.6%, three-wheelers 12.3%, light goods vehicles 9.1% and heavy goods vehicles 5.8%.

Subscribe to enjoy similar stories. The emergence of Australia as a viable source of pulses, as well as growing local production of the commodity, have brought relief for India, that has traditionally depended on Canada for the bulk of its lentils imports. A murder in Canada last year has escalated into a diplomatic conflict between the two countries, casting a shadow over trade relations.

Cuba’s biggest blackout in at least two years left millions without power and prompted the government to announce emergency measures to slash demand

Mao is the Editor for Partnerships and Sponsored Content at Cryptonews. With five years in the crypto industry, she collaborates with partners to bring the latest updates and insights to our readers.

With Canada’s official inflation measure now well below the two per cent target, two-thirds of economists think the Bank of Canada will slash its rate by 50 basis points on Wednesday. (A basis point is one-hundredth of a percentage point.)

By Mark Zelmer

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"Geopolitical events do not seem to be causing any impact on the world economy. In fact, there is potential for some deceleration in geopolitical problems over the next 12 months," says Mark Matthews, Julius Baer. The disconcerting factor we were discussing is when it comes to the quarterly earnings back home, is there some sort of a sense of a slowdown that could be prolonged due to macro concerns in India? Mark Matthews: I do not know if it is macro concerns, but you are absolutely right. I think the major issue facing India now is the deceleration in earnings growth. And the Nifty will still clock around 10% earnings growth this year, but the most recent quarter, it is looking very flattish.

Pankaj Pandey, Head Research, ICICIdirect.com, says typically, any year, one could easily get 10-12% kind of a correction, and multiple corrections in the market. So 6% is already run, at max possibly 4-5% is very much possible. But Pandey thinks that the market ideally should bottom out at current levels. The second half is expected to be better because a lot of ordering, tendering should happen given the fact that H1 was quite soft. A lot of sectors in the second half are expected to do well. ICICIdirect is maintaining a target price of 27,500 for Nifty and about 15-16% CAGR growth in earnings for the next two years. How are you looking at the overall earnings because that is a bit disconcerting? There is such a divergence from what the Street was pencilling in and the kind of commentary and the kind of results that a lot of companies have been putting out and also across-the-board, the slowdown seems to be quite evident. How much of a concern is that? Pankaj Pandey: Overall, this was expected to be a softer quarter. We are already at peak margins of 19-20% for Nifty. So, incrementally margin expansion was definitely not the case. And we all know that in big sectors like IT, the demand is still soft and possibly Q4 is where some bit of a revival can be expected and obviously, we will have US elections impacting the sentiment as well and commodity prices continue to remain soft whether it is for steel, whether it is for cement.

Marico Ltd. gained 0.43 per cent to Rs 668.85 in Friday's trade as of 11:46AM (IST). It hit a high of Rs 672.45 and low of Rs 655.0 during the session. The stock quoted a 52-week high price of Rs 719.8 and a low of Rs 486.75. The return on equity for the stock stood at 38.64 per cent. About 5,636 shares have changed hands on the counter so far.

Varun Beverages Ltd. gained 1.5 per cent to Rs 596.65 in Friday's trade as of 10:05AM (IST). It hit a high of Rs 597.6 and low of Rs 579.0 during the session. The stock quoted a 52-week high price of Rs 682.84 and a low of Rs 331.28. The return on equity for the stock stood at 29.64 per cent. About 58,985 shares have changed hands on the counter so far.

"Tech Mahindra, Infosys all are up 40% in last six to eight months. So, large part of all positive news has been discounted and the stocks are trading at a very-very decent valuation I would put in that way," says Sandip Agarwal, Fund Manager, Sowilo Investment Managers. From these Q2 earnings from the likes of Infosys, Wipro, TCS and HCL Tech reporting numbers, how do you see this possibility of a gradual recovery? Is that going to take some more time you think, there is some softness before it actually comes through or is it really here? Sandip Agarwal: So, yes, I think it has been quite well summed up but let me put this into a perspective. See, you have to remember that barring Wipro, the best part of the year is gone by now because third and fourth quarter have their seasonal challenges. So, this year is gone from the perspective of sequential revenue growth or some positive surprise. Year over year growth could be better. So, everything is now FY26. So, from that perspective and I have been reiterating this in every discussion we had earlier also that things will improve in terms of revenue growth and margins substantially from here on, but also remember that market is very forward-looking and they have all these IT stocks, if you see in last six months they have given phenomenal returns. Tech Mahindra, Infosys all are up 40% in last six to eight months. So, large part of all positive news has been discounted and the stocks are trading at a very-very decent valuation I would put in that way.

Subscribe to enjoy similar stories. Nasa’s Europa Clipper mission took off on 14 October to study Europa, one of Jupiter’s four moons discovered by Galilei Galileo in 1610. The Italian’s discovery came at great personal cost, but also spun off modern astronomy.

Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan

Andrew Holland, CEO, Avendus Capital, says it will be a margin story this earning season and the talk is on the pressure on margins and how that can be relieved. Holland does not think there is anywhere to hide at the moment. One can only hide in a bit of cash. So, increasing cash levels for the next few months would not be a bad idea given that earnings are not going to help. We have got the US elections and geopolitical problems plus, China is expected to do another stimulus. All of that plays badly for India in the short term. Did you anticipate this kind of carnage on Bajaj Auto post its numbers? Andrew Holland: It was not the numbers per se, it was more the commentary, wasn’t it? Whilst the festive season has picked up a little bit, it is nowhere near anyone's expectations. So, it has really thrown a damper on the whole market because we are all hoping or the market was hoping that the festive season would start to see a pickup in consumption and that is clearly not likely to happen now. On top of that, we anyway expected a weak earning season across the board. The market valuations does not support downgrades whether it is a company or the sector or the market overall. If the earnings continue like this, we could see another 5% correction from here.