Dipan Mehta, Director, Elixir Equities, says HPCL, BPCL & IOC are great trading stocks and you could get 15-20-30% return in a few weeks if you get the timing right. But from a longer-term perspective, I am not so sure. End of the day, there is a great deal of volatility in their earnings despite … Read more
The July jobs report should have been dedicated to the Hollywood classic, All About Eve where Bette Davis’ character Margo Channing warned partygoers, “Fasten your seatbelts; it’s going to be a bumpy night.” The same could be said of the labor market, which is slowing down faster than expected and putting the Federal Reserve’s much-desired “soft landing” in jeopardy. … Read more
When the government released the June Consumer Price Index, there was a sigh of relief among economists. The overall CPI rate actually slid by 0.1 percent in June from May. For the 12 months through June, CPI increased by 3% and the core rate, which strips out food and energy, was up 3.3%, the smallest 12-month increase since … Read more
“While FII flows will remain volatile, we think as time progresses, we will see a strong build up for India as a single-country destination for FII flows,” says Tridib Pathak, Executive Director and Portfolio Manager at Avendus Olivo PMS. In an interview with ETMarkets, Pathak said: “We like to identify ‘change’ in business fundamentals which … Read more
The progress on inflation has been frustratingly slow this year. The most recent evidence was found in the Consumer Price Index (CPI), which increased by 3.4% from a year ago in April, from 3.5% in March. The Core rate, which removes food and energy, was up 3.6% from a year ago, from 3.8% in the … Read more
With campus protests grabbing the headlines, it’s easy to lose sight of an important fact: About 4 million Americans will graduate from college this year and for them, life is about to become more complicated. The good news is that a robust labor market has provided many with well-paying jobs. The median annual wage for recent college … Read more
In the intricate world of investing, where fortunes are made and lost on a daily basis, astute investors understand that hidden gems often lie beneath the surface. These overlooked opportunities, often overshadowed by noise and chaos in the market. These opportunities have the potential to unlock substantial wealth for those who delve to explore this … Read more
If you are investing for the long-term growth potential, then you may want to consider systematic transfer plans. With elections approaching and stock market volatility expected to rise, financial experts suggest that investors should consider using a systematic transfer plan (STP) when investing in equity mutual fund schemes. STP allows investors to stagger their investments … Read more
There has been seismic action in the real estate market – and it has nothing to do with bidding wars. On March 15, the National Association of Realtors (NAR) announced a settlement to end an antitrust lawsuit. The organization will pay $418 million in damages and agreed to blow up its decades-long practice on commissions paid to … Read more
Reliance Industries Ltd, part of the oil & gas space, consolidated in a narrow range after hitting a record high earlier in March 2023, but a bounce back from its 50-DMA on daily charts suggests that bulls are here to stay. If the momentum continues, short-term traders can look to buy the stock for a … Read more