Although macro economic factors suggest that the Indian PV market has a long way to go, unfortunately many automakers that are popular amongst Indian consumers aren’t listed on Indian bourses. That sums up how the Indian automobile market is currently placed!
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The year 2020 will go down in history as the black year with a silver lining. A tiny little virus held the entire world to ransom! Fever caused fear like never before. Consequently, the demand for hand sanitizers (like that for risk assets) witnessed almost a vertical jump. In 2019, sanitizer penetration in India was merely 1%. It increased to
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Axis Bank has been buzzing on the bourses for a while and now stands at an inflection point. If it rises above Rs 680 on a monthly closing basis, it might witness sharp rallies subsequently.
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Spotting trends on the price chart and matching them with trends in RSI is the key to identifying attractive entry and exit opportunities using RSI indicator.
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It is likely to be a year of PE contraction and perhaps muted institutional flows. Earnings expectations carry a huge burden on their shoulder. Should they fall short of expectations, markets might witness topsy-turvy movements.
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Food processing is ingrained in India. Traditional Indian processed food items such as pickles, papads, chutneys and murabbas which use simple home-based preparation techniques have given India a distinct recognition worldwide. According to the Ministry of Commerce, the Indian food processing industry accounts for 13% of India’s exports. Out of total industrial investments made in India, approximately 6% cater to
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