Below the Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
“The market extended its negative trajectory, with the Nifty 50 down 7.8% from its recent peak. On a weekly basis, the Nifty 50 was up by 0.3%, while the CNX Midcap rose by 1.3%, and the CNX Smallcap declined by 1.1%. India’s inflation edged up to 5.49%, mainly due to rising vegetable prices, while core inflation remains low at 3.57%. Credit growth is slowing, with a significant dr...
Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Below the Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
“This week, markets stabilized after two weeks of volatility. The India VIX eased from 15.5 to 13.3, signalling a return to calm. The Nifty 50 remains 4.8% below its all-time high, closing the week down by 0.9%, while the CNX Midcap index remained flat, and Smallcaps edged up by 0.28%.
The RBI maintained its policy stance, citing potential inflation risks from global food prices and geo...
Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Below the Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Indian markets continued their rally this week, hitting fresh all-time highs and gaining around 1.1%. Metals took the spotlight, with CNX Metals rising by over 6%, making it the best-performing sector, followed by CNX Auto, which gained 3.5%. However, the initial momentum in Bank Nifty following the Fed rate cut didn’t hold, leaving the index flat by the week’s end.
We are ...
Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Below The Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Bajaj Housing recently sought ?6,500 crore through its IPO, but the market's response was overwhelming, with bids exceeding ?4 lakh crore. This massive interest is driven by factors such as strong parentage, reasonable valuations, and the current IPO euphoria. The big question now is: will the Bajaj Housing IPO trigger a sector-wide re-rating for NBFCs? At least for the moment, the si...
Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Below the Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
The Indian automobile industry is experiencing a noticeable slowdown, with inventories rising to 77,000 units, equivalent to 75 days of sales, compared to an average of 45 days. Growth in the sector has been modest at just 2.8%, with Tata Motors seeing an 8% dip in sales this quarter compared to the same quarter last year. The cyclical nature of the industry, combined with banks becoming cauti...
Market Quote : Indian Auto Industry Slowdown : Inventories Reach 77,000 Units by Krishna Appala, Sr. Research Analyst, Capitalmind Research
Below The Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
“As markets continue to reach new all-time highs, finding sectors with a favourable risk-reward balance has become increasingly challenging. However, despite stretched valuations, certain sectors, such as Private Financials, IT, and agrochemicals, present attractive opportunities for investors.
Private Financials are thriving, driven by a strong economic recovery and favor...
Quote on Market by Krishna Appala, Sr. Research Analyst, Capitalmind Research
