Latest news with #IndianEquities
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Business Standard
4 hours ago
- Business
- Business Standard
CAPE fear: History suggests rich valuations precede sharp pullbacks
Valuations at current levels have historically corresponded single-digit returns premium Sachin P Mampatta Mumbai Listen to This Article Notwithstanding indices being lower than the all-time high levels touched nine months ago, the stock market has rarely been as expensive as it is now on one particular metric. The 10-year cyclically adjusted price-to-earnings (CAPE) ratio for the BSE Sensex is at 35.2x, according to data based on a study, Forecast or Fallacy? Shiller's CAPE: Market and Style Factor Forward Returns in Indian Equities, authored originally in July 2024 by Joshy Jacob, professor at the Indian Institute of Management, Ahmedabad, and Rajan Raju, director at Singapore-based family office Invespar. The numbers are updated monthly. The latest valuations for May 2025
Reuters
2 days ago
- Business
- Reuters
Indian shares set for weak start on Middle East turmoil, hawkish Fed
June 19 (Reuters) - India's equity benchmarks are set to open lower on Thursday, pressured by hawkish signals from the U.S. Federal Reserve and persistent geopolitical turmoil in the Middle East. The Gift Nifty futures were trading at 24,768, as of 7:33 a.m. IST, indicating that the Nifty 50 (.NSEI), opens new tab will open below the previous close of 24,812.05. Broader Asian markets declined, with the MSCI Asia ex-Japan index (.MIAPJ0000PUS), opens new tab slipping 0.8%. On Wall Street, U.S. equities closed largely unchanged after the Fed left interest rates steady but signalled a slower path for rate cuts, projecting two reductions by year-end. Fed Chair Jerome Powell also noted that goods inflation could accelerate over the summer, partly driven by tariffs linked to U.S. President Donald Trump's trade policies. A slower pace of monetary easing is likely to curb foreign investors' appetite for riskier emerging market assets such as Indian equities. Geopolitical risks remain front and center. The Israel-Iran conflict stretched into a seventh day, with Iranian Supreme Leader Ayatollah Ali Khamenei rejecting Trump's demand for unconditional surrender. In response, Trump said his patience had run out and warned of unpredictable consequences. "Indian market continues to wrestle with macro headwinds —rising crude prices, sticky inflation, and geopolitical flashpoints — all of which cloud earnings visibility," Bajaj Broking Research wrote in a note. Both the Nifty and Sensex (.BSESN), opens new tab indexes fell in the last two sessions, but the losses were marginal. Domestic institutional investors purchased Indian shares for the 22nd straight session on Wednesday, buying stock worth 10.91 billion rupees ($126.26 million), and helping cushion volatility from foreign flows. ** Puravankara ( opens new tab secures contract worth 2.72 billion rupees for Bengaluru residential project ** Hero MotoCorp ( opens new tab says it will introduce Vida VX2 electric scooters with Battery-as-a-Service model, starting from July 1, 2025 ** Abbott India ( opens new tab and MSD Pharmaceuticals enter into a strategic distribution agreement to broaden access of MSD's oral anti-diabetes medications in India ($1 = 86.4100 Indian rupees)
Bloomberg
13-06-2025
- Business
- Bloomberg
Share Sales, Block Trades Power India's Fat IPO Pipeline
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian equities are set for a weekly drop amid a major escalation of tensions in the Middle East, with crude oil-sensitive industries under particular pressure following the surge in oil prices. Asian equities are trading lower following renewed hostilities in the Middle East, further dampening the mood.
Bloomberg
10-06-2025
- Business
- Bloomberg
Global Investors Turning Buyers of Indian Stocks is Bullish Sign
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Global investors are on course to be purchasers of Indian equities for the first quarter in three, flashing a possible positive indicator of continued inflow.
Bloomberg
10-06-2025
- Business
- Bloomberg
Marlboro Expansion Draws Indian Bulls to Godfrey Phillips
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian equities look set to extend their winning streak to the fifth day, with the Nifty futures pointing to a positive start. Technical analysts are likely feeling chuffed after the formation of a so-called golden cross for the benchmark index, which has in the past presaged gains. Asian stocks are also trading higher, buoyed by expectations about the US-China trade talks, and that's likely to support sentiment.
