This thesis might work for stock picking in this market

THE ECONOMIC TIMES Fri, Apr 10, 2020 | 07:08 AM IST ET Investment Opportunities

This thesis might work for stock picking in this market After a steep selloff, mkts go into a consolidation mode, says Head of Advisory, Angel Broking. PMSes show the smart way to tread stocks slump The price-to-book value for Nifty has come down to 2.35 from 3.75 in December end. Madhusudan Kela's three deep value ideas for this market Dig a little deeper and you would find a lot of attractive stocks, says the market veteran. Perfect time to lap up this battered index heavyweight? The stock currently trades at Rs 1,158, 28 per cent away from its 52-week high.

Advertorial This one change can boost up your business Advertorial 7 point guide to choose a Term Insurance based on Claim Settlement records

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth -10.71 -11.17 -3.66 10.16 Axis Bluechip Fund-Growth -10.82 -11.67 -4.81 8.69 Canara Robeco Bluechip Equity Fund Direct-Growth -9.71 -9.37 -6.12 5.88 Canara Robeco Bluechip Equity Fund Regular-Growth -9.79 -9.97 -7.30 4.65 Motilal Oswal Focused 25 Fund Direct-Growth -10.21 -11.56 -6.47 2.71 FeaturedAxis Long Term Equity Direct Plan-Growth ★★★★★ -14.56 -12.64 -7.63 6.13 Start SIP

Economic Times Biz Listings Are you a Financial Service Provider? Are you looking for Financial Advice? List your Business to get Leads Find trusted Professionals near you

Judge stocks by company's balance sheet strength: Thakkar P&L will be severely stressed for most companies in next six-12 months, says CIO, PPFAS MF. Radhakrishnan's thumb rule to spot sectors that will bounce 1st The CIO - Equity & Executive Vice President at Franklin Templeton says more than entry points, holding period is a key determinant of stock returns. Make a large number of good buys, not just a few perfect ones: Marks Marks believes investors waiting on sidelines may keep themselves from making good purchases. Attractive value bets available in every pocket of the market: Bhan Retail investors are far more resilient than before, says Deputy CIO at Nippon India Mutual Fund.

Advertorial Why Term Insurance is crucial if you are Self Employed? Advertorial How difficult can it be to breathe again? Dr Suryanarayan Pichai's story of life, challenges and hope will leave you inspired

The man who saw the stock selloff coming now has no time for lockdown Market veteran Shankar Sharma has been working 14 hours a day even amid the coronavirus-triggered lockdown, which has forced much of the market fraternity to stay indoors and spend more time with family than with markets and clients. 6 indicators that will show turning points for stocks As analysts struggle to assess the hit on India Inc.'s earnings and debt-servicing capabilities amid the nationwide lockdown due to the coronavirus pandemic, they have begun relying on alternative indicators to inform their investment recommendations. Equity analysts speaking in interviews with Bloomberg highlighted measures ranging from volatility and cash levels to daily infection numbers and technical charts. So far, the drop in analyst price targets for the NSE Nifty 50 Index has trailed the actual slump in the stock gauge. (Source: Bloomberg; Authors: Ishika Mookerjee and Ronojoy Mazumdar) Here is what analysts are watching for signs of a turning point for India stocks:

NFO (FMPs) Fund Name Category Type Open Close Min Inv   SBI FMP - Series 32 (1140 Days) Reg-G Debt: FMP Closed-end 07 Apr 2020 15 Apr 2020 5,000 SBI FMP - Series 32 (1140 Days) Direct-G Debt: FMP Closed-end 07 Apr 2020 15 Apr 2020 5,000 SBI FMP - Series 32 (1140 Days) Reg-D Debt: FMP Closed-end 07 Apr 2020 15 Apr 2020 5,000 SBI FMP - Series 32 (1140 Days) Direct-D Debt: FMP Closed-end 07 Apr 2020 15 Apr 2020 5,000 Nippon India FHF XLII - Series 6 Reg-G Debt: FMP Closed-end 17 Apr 2020 22 Apr 2020 5,000 More >>

Real Estate News

US PE funds may reconsider India realty investment plans: Report As and when they enter Indian shores, hopefully, towards second half of 2020, they will be scouting for bargains and value-pick options at their own terms and conditions.

After builders' appeals, Rera will relax delivery timelines Naredco-UP, a body of realtors, wrote to Rera on Monday that it couldn't honour the timelines set by the regulatory body as work on all projects have been stalled in the aftermath of the lockdown. It asked for a fresh set of timelines.

Realtors saddled with Rs 3.70 lakh cr unsold housing inventory: Report Unsold inventory increased to 455,351 units from 442,228 units in the fourth quarter of the financial year.

Covid-19 to hit affordable housing growth in top 7 cities Overall unsold housing inventory is estimated to shrink annually by 1-3% in 2020, while the unsold affordable stock may actually increase by 1-2% in this period, the report showed. As on March end, there are more than 2.34 lakh unsold affordable homes in the top 7 cities-- 36% of the total unsold stock across all budget categories.

Home sales down by 19% in Q1 2020: PropEquity Study Real estate transactions in Q1 2020 primarily happened in January and February as the industry almost went standstill from March onwards.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   More >>

Views and Recommendations

Buy AU Small Finance Bank, target price Rs 800: Motilal Oswal 09 April, 2020, 02:49 PM IST On the asset quality front, delinquencies could increase in both vehicle/MSME portfolios over the next few quarters. Buy Neutral on Info Edge, target price Rs 2,400: Motilal Oswal 09 April, 2020, 01:59 PM IST Multi-dimensional growth can be expected for Info Edge in the medium-to-long term, backed by recruitment, real estate, and Zomato. Neutral Buy Ambuja Cement, target price Rs 205: ICICI Securities 09 April, 2020, 01:55 PM IST The cement company has increased focus on cost efficiencies and value-added products. Buy Buy Varroc Engineering, target price Rs 307: ICICI Securities 09 April, 2020, 12:22 PM IST The brokerage reduced its target pricing multiples by around 20 per cent across segments to factor in heightened business risks. Buy

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Panache Latest in the world of fashion, technology, food and celebrity

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2020 Times Internet Limited.

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here

Modi govt may be readying Stimulus No. 2

To keep you updated, we send Daily Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here

THE ECONOMIC TIMESDaily Newsletter Thu, Apr 09, 2020 | 06:01 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day Modi govt may be readying Stimulus No. 2 India had earlier outlined a Rs-1.7 lakh-crore Covid package for the poorest of poor. ... Industrial production grows 4.5 percent in February Sensex soars 1,266 points, snaps 7-week losing streak RBI says coronavirus has 'drastically altered' India's growth outlook India's GDP may grow at 4.8% in FY21: UN report India's stock of malaria drug is enough to last an armageddon Government sanctions Rs 15,000 crore to strengthen India's covid fight World economy faces a $5 trillion hit, which is like losing Japan

Coronavirus Updates Centre approves 3-phase plan as India tally nears 6000 A 100% centrally-funded 5-yr scheme to strengthen healthcare systems has been approved by the government. The package... An Indore physician could be the first frontline worker to die of Covid-19 Global coronavirus cases top 1.5 million Mumbai could see a surge in virus cases similar to that in Italy or NY: Officials What exactly is Bhilwara's strategy that cut infections

SENSEX 31159.62 1265.66 NIFTY 50 9111.90 363.15 USD/INR 76.29 -0.07

Top Gainers NSE 51 companies (largecap) appreciated more than 5% Motherson Sumi 17.53% M&M 16.85% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -3% Hind. Unilever -3.60% More from Losers

More From our Partners This one change can boost up your business

Lack of machines puts a spanner in India's PPE plans The Chinese government has asked for 12 weeks to supply machines to stitch PPEs.... Oyo sends thousands on leave without pay as it fights to stay alive Odisha becomes first state to extend lockdown Fine, jail term for not wearing mask when outside home in Delhi We shall win it together: PM Modi to Trump Petrol, diesel demand slumps 66 pc in April 3.5 lakh trucks with Rs. 35,000 cr goods stuck: Truckers India to fill its strategic petroleum reserves to make the most of cheap oil HMSI to buyback BSIV inventory from NCR dealers Government to deposit Rs 1,000 in women PMJDY accounts in two instalments Covid 19 has minimal impact on students' job offers, internships: IIM-C Bengaluru voted best city for IT professionals: Survey Citi India to compensate employees impacted by Covid-19 Blood banks run dry as collection dwindles to a trickle To hack or not: Pandemic puts hackers in an ethical dilemma

More From our Partners How Tier 2 and Tier 3 cities are set to drive major business in next 5 years? FinTech Companies can achieve customer satisfaction and loyalty, by focusing on technologies such as blockchain.

Top Slideshow Face masks mandatory in these states Top Video India has enough HCQ, PPE stock: Govt

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2020 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here