BNP Paribas fears lofty valuation of India’s equity markets

BNP Paribas fears lofty valuation of India’s equity markets

BNP Paribas, one of France’s largest banks and global equity research house, says that India’s premium valuation to the global peers and other Asian markets is unsustainable. Even as markets in the US, Europe and other Asian countries are down between 7 per cent and 23 per cent year to date, India’s Sensex and Nifty … Read more

Yield spread points to the muted market returns, says BNP Paribas

Yield spread points to the muted market returns, says BNP Paribas

The gap between domestic bond yields and earnings yield signals plateauing of market gains, brokerage BNP Paribas has said. Currently, the yield on the 10-year government security is about 7.2 per cent, while that for Nifty50 earnings is at 5.2 per cent. Such a wide spread between the two, tilts the … Read more

Experts advise not to expect great returns from the stock market next year

Experts advise not to expect great returns from the stock market next year

This time last year, equity markets were booming. The BSE Sensex hit a life high of 62,245.43 on October 19, 2021. Since then, however, worries over inflation, rising global interest rates and possible recession in the developed world have reigned in the euphoria. In fact, over the past twelve months, the benchmark stock market index … Read more

best-performing stocks: These 16 BSE500 stocks jump up to 22% this week; IT counters languish

best-performing stocks: These 16 BSE500 stocks jump up to 22% this week;  IT counters languish

New Delhi: Domestic markets remained under pressure during the recent week as benchmark indices dropped more than a per cent on the back of red hot US inflation data, weakening rupee and FII outflows. Indices for second-rung stocks, however, outperformed their larger peers. The record low levels of the domestic currency and intense FII outflows … Read more

Another leg of correction on the cards for markets: Manishi Raychaudhuri

Another leg of correction on the cards for markets: Manishi Raychaudhuri

Asia Pacific Equity Strategist, BNP Paribas, Manishi Raychaudhuri Photo: Twitter KEY HIGHLIGHTS Bullish on PSBs and Pharma stocks. US Fed to reduce balance sheet by 30 percent. Near term risks exist for markets. New Delhi: Manishi Raychaudhuri, Asia Pacific Equity Strategist, BNP Paribas is of the opinion that another leg of correction could be on … Read more

Tennis does not want Naomi Osaka around

Tennis does not want Naomi Osaka around

Naomi OsakaPhoto: Getty Images Naomi Osaka loves tennis, but tennis does not seem to love her back. Osaka is in the news again, and again, it’s not for something she’s accomplished on the court, but for something that’s happened to her at her workplace. Over the weekend, Osaka lost 6-0, 6-4 in the second round … Read more