Shares - Telecast India

17 Jul

Stocks are on an astonishing run. Yet threats lurk

admin0 CommentsTrending Newsbull market, equities, interest rates, investors, market crash, monetary policy, S&P 500, shares, Stock markets, US Fed, valuations

View Full Image (The Economist) To a certain extent, this record-smashing is to be expected. Dump the losers periodically, as benchmark indices tend to, and the history of equities is one long (albeit frequently interrupted) march upwards. Bear markets and crashes abound, but once prices recover to set one new high, a stream of others usually follows. This has led global stocks to deliver an annualised real return of 5.1% since 1900, and American ones of 6.5%. Worry all you like that the narratives being spun around today’s boom—from techno-euphoria in America to a corporate-governance revolution in Japan—are overblown, and…

Wall Street week ahead: Retail sales, factory output data to guide US stock markets

admin0 CommentsFeaturedBonds, brent, crude oil, Dow Jones, European stocks, European STOXX 600, Federal Reserve, Global stock markets, gold, inflation, Jerome Powell, Nasdaq, S&P 500, shares, Stock markets, US Stocks, Wall Street, yield

On Wall Street in the week ahead, the stock markets would be guided by key economic data such as US retail sales and factory output among others. The holiday-shortened week will also see few big earnings such as IT and consulting services firm Accenture and supermarket chain Kroger. Economic eventsOn June 17 (Monday), data on the Empire State manufacturing survey for June will be released. ALSO READ: Macro data, BoE, China verdict, FII mood, global cues to drive markets this week On June 18 (Tuesday), US retail sales data for May and a report on industrial production for the same month…

Gujarat Gas, GAIL, and Petronet LNG stocks may gain if natural gas is included in GST

admin0 CommentsFeaturedGAIL, GAIL shares, gas stocks, Gujarat Gas, Gujarat Gas shares, Indian stock markets, market news, Morbi, natural gas, oil and gas stocks, Petronet LNG, Petronet LNG shares, PLNG, shares, Stocks

In its latest note, global brokerage house Jefferies highlighted that the Modi government's renewed efforts to include natural gas under GST could benefit companies like Gujarat Gas Ltd, GAIL (India) Ltd, and Petronet LNG Ltd. The brokerage noted that among the 4 key states that could hold sway, 3 are under the ruling NDA. The inclusion could potentially reduce natural gas costs by $0.8-0.9 per mmBtu, facilitating quicker adoption and boosting GAIL's transmission and trading volumes in the medium term. Jefferies also anticipated a 2 percent rise in GAIL's consolidated EBITDA, assuming it retains the benefit in the LPG segment.…