In the midst of all the valuation concerns floating around in the market, global investment bank UBS has raised India’s GDP growth forecast for FY22 by 60 bps from 8.9% to 9.5%. The RBI has pegged India’s growth rate for FY22 at around 10%. India

Akasa Air, the ultra-low-cost airline backed by Rakesh Jhunjhunwala, has placed orders for a total of 72 Boeing 737 Max airplanes in an order worth $9 billion. This is the largest order that Boeing has received from India and gives them the much need

On 16-November, the sharp correction in the stock market was triggered by the concerns over factors like inflation, bond yields etc raising the spectre of the Fed front-ending rate hikes. It was also feared that if the Fed opted to front-end rate hik

Breakout Stocks: What are the positive breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Such breakouts generally lead to good price movement in short term. In this column, we

Morgan Stanley Capital International (MSCI), the largest provider of country specific indices to global portfolio managers, has announced a few interesting shifts in the MSCI Global Standard India Index. Here are the 7 stocks that are being added to

For the investors who always wanted to participate in government debt but did not know how to do it, there will be this all new “Retail Direct Scheme”. This scheme will facilitate retail investors to direct buy government securities and other

The stock of Mahindra & Mahindra is not known to shows spikes in volatility and has been a steady performer over time. However, in the last 3 months, the stock of M&M is up 18.04%. The latest quarter results were good and in the October auto

It is now official. The shift from T+2 settlement to T+1 settlement will happen, albeit with a delay and some changes. Here are key highlights of the shift to T+1. A) Like in the earlier version announced by SEBI, inclusion in the T+1 settlem

In the lexicon of Moody’s, one of the leading rating agencies in the world, Fallen Angels refers to companies that are financially vulnerable and are most at risk of a possible rating downgrade. In the aftermath of COVID-19 pandemic, the list of Fa

In a rather interesting move, Tata Power has announced that it would seek shareholder approval to amend its scheme of arrangement. According to the original scheme of arrangement approved by shareholders, Tata Power had sought to merge Tata Power Sol

Overall auto numbers for the month of October 2021 were disappointing on the 4-wheeler front. This was due to a combination of spike in input inflation and a shortage of microchips in the market. Here is a quick take on how the key auto company di

Here is a quick look at the finer points of 2 large cap companies that announced their second quarter results on 01-November; HDFC and Tata Motors. HDFC Ltd – Q2 Results For the second quarter ended Sep-21, HDFC reported 13.23% grow