Wall Street week ahead: Investors to focus on US economic data, key earnings

Stock market investors on Wall Street in the week ahead will be focusing on the US economic data including retail sales report and the industrial production data, and quarterly earnings reports from major companies such as Netflix, Goldman Sachs, Morgan Stanley, Bank of America, and Abbott Laboratories. The investors willRead More →

Earnings growth forecast to reduce from 25% in last 9 months to 6-8% yoy basis

Over the past three years, Indian corporate earnings growth has maintained a solid momentum, achieving a CAGR of 24%, for Nifty50. Throughout this period of sustained expansion, there have been fluctuations. Following the challenges posed by the COVID-19 pandemic, businesses exhibited a remarkable recovery, as evidenced by a 40% growthRead More →

Q4 Results, Israel-Iran crisis, global cues to guide market direction this week

Despite touching fresh lifetime high levels, domestic equity benchmarks settled flat last week as investors’ hope for a June rate cut were dashed by higher-than-expected inflation in the US, compounded by positive US employment and manufacturing data. Escalating geopolitical tensions in the Middle East, alongside supply concerns, have propelled crudeRead More →