Onion is grown during both Kharif (summer) and Rabi (winter) seasons. The Agriculture Ministry had recently said that there was around 22 percent damage in Kharif onion crop due to late monsoon and excess rainfall later — which led to supply constraints and a sharp rise in prices. … [Read more...] about As retail price falls, 7,000 tonnes of imported onions rot at port: Report
Fall in line
Nearly 50% gave negative returnsAs many as 52 stocks of the 122 gave negative returns. Among them are HEG, Dishman Carbogen, Graphite India, Karur Vysya, Parag Milk, and Piramal Enterprises.Two years of consolidation in the broader market left many small & midcaps stocks registering selloff from their 52-week high levels.The steep fall could be attributed to corporate defaults, the slowdown in demand environment, company-specific regulatory issues, as well as failure to generate consistent earnings growth.Should investors consider as value buys the companies that have given negative returns in the last one year? Experts say investors should be selective. The list can at best be used to filter stocks but not all stocks which have given negative returns should be looked at as value buys. … [Read more...] about Small & midcaps back in spotlight as FIIs raise stake in 122 BSE companies
Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about More than 100 stocks fell 10-50% from September 20; time to buy?
“Expectations of a weak performance indicates the throes of slowdown that the economy finds itself in and also the effect impact of one-offs such write-downs of deferred tax assets, etc. Expectations of a healthy revival in corporate earnings appear to be further down the road,” said the report. … [Read more...] about September Qtr earnings: 10 stocks which are likely to report losses in Q2FY20
Indian government bonds advanced, with the yield on benchmark 10-year bonds falling to the lowest in two weeks, as crude oil prices tumbled and treasury yields slid on fears the spread of China’s deadly coronavirus will hurt demand • US 10-year yield fell as much as nine basis points to 1.60% amid a sell-off in risk-assets. Yields around the world have tumbled in sympathy with year-to-date declines in the US bond benchmark now sitting at over 30 basis points. … [Read more...] about Sell USDINR; target of 71.30 – 71.20: ICICI Direct