Niraj Shah

2 months ago | ndtvprofit.com | Niraj Shah

Donald Trump surprised everyone (or maybe not) with advancing the tariff conversation even before April 2, by announcing a 25% tariff on all cars imported into the US. While we talk about it in detail below, the key is that the US President stays the top newsmaker for yet another week. Indian markets seem to be less and less fazed by these announcements though, after a strong March series and a good start to the first day for the Apr...

2 months ago | ndtvprofit.com | Niraj Shah

This week can be called mixed simply because while markets went one way, the cues around growth and tariffs were not. US Federal Reserve Chair Jerome Powell weighed in on the state of the US economy post the Federal Open Market Committee meeting on Wednesday. While the Fed is holding rates steady, its chairman’s outlook wasn’t entirely reassuring. The central bank sharply reduced its 2025 growth projection and Powell noted that uncer...

2 months ago | ndtvprofit.com | Niraj Shah |Pratiksha Thayil

While the markets on Tuesday saw some recovery and extended gains for the second day after a series of decline, Vikas Khemani, founder of Carnelian Asset Management & Advisors Pvt., spoke about the need for business acumen to make investments in markets. He expects markets to see some recovery in the coming quarters."I am nationalist, but money will not be made by that, my business will not survive on that. So I have to do justice to...

2 months ago | ndtvprofit.com | Niraj Shah

Dear Readers,This week was meant to be a huge test of US President Donald Trump’s attitude toward the market, with 25% tariffs on steel and aluminum hitting on Wednesday, followed by a possible government shutdown on Friday. Also, China’s retaliatory tariffs on US agricultural goods took effect on Monday. The tariff bogey turned into ugly uncertainty at the start of the week, led by Tesla nosediving 15% and Donald Trump putting out a...

Mar 7, 2025 | ndtvprofit.com | Niraj Shah

The signs were there for the tune to change. There was pessimism, with the Nifty Smallcap 250 trading at 21x FY26E EPS of Rs 650 versus the 10-year average for Nifty Smallcap 250 at 28x. Promoter buying activity and sound commentary were being ignored, making it a classic case of fear on the street. And the market was going down on very low volumes. Remember, February saw lowest average volumes traded in last one year, with average t...