Ram Sahgal

1 week ago | htsyndication.com | Ram Sahgal

New Delhi, June 16 -- An escalation of hostilities in the Middle East makes India vulnerable to oil price shocks and could result in a correction in stock prices, which already seem overvalued based on earnings estimates for the current fiscal, according to Pratik Gupta, chief executive officer and co-head of Kotak Institutional Equities. Gupta said this could cap market upside over the next few months but expects earnings to pick up in the second half of the current fiscal.

1 week ago | htsyndication.com | Ram Sahgal

New Delhi, June 16 -- Israel and Iran have struck deep inside each other's territory in their worst direct conflict yet, threatening to inflame crude prices and rattle India's stock markets. Based on NSE weekly options data on Friday, the benchmark Nifty could veer in a range of 24340-25060 this week, with a bias to the lower end of the range.

1 week ago | livemint.com | Ram Sahgal

Summary Brent has averaged $79 over the past two years, Bloomberg data showed, but the latest conflict between Iran and Israel could have a wider impact than the Ukraine-Russia war, which has raged since February 2022. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. Israel and Iran have struck deep inside each other's territory in their worst direct conflict yet, threatening to inflame crude prices and rattle India's stock markets.

1 week ago | livemint.com | Ram Sahgal

Gupta said this could cap market upside over the next few months but expects earnings to pick up in the second half of the current fiscal. Foreign portfolio investors acknowledge India's strong macros and resilience of domestic flows, but await a correction to make large fresh investments, he said. Edited excerpts: We expect net profits of the Nifty 50 Index to grow 12% in FY26 and 15% in FY27, following a modest 6.4% growth in FY25.

2 weeks ago | htsyndication.com | Shayan Ghosh |Ram Sahgal

Mumbai, June 12 -- Companies anticipating cheaper loans following the recent cut in the repo rate and cash reserve ratio may have to wait and see how the Reserve Bank of India's forward book plays out, with experts pointing out that the upcoming maturity of contracts may drain liquidity. This may restrain banks from aggressively cutting deposit rates and passing on the benefit of lower lending costs to companies.