Checking inAfter a lukewarm run in 2023, the EIH stock is seeing a lot of interest from domestic institutions and ultra-HNIs of late. The hospitality story remains hot, supported by a narrative of demand growing faster than supply in the medium term.  Besides, ‘premiumization’ is the trend across consumer sectors, and bulls argue that the hotel industry can’t be immune to it. Mutual funds I...

Even when prospects for certain sectors are good, valuations have run ahead of fundamentals, analysts have said, Frontline indices the Sensex and the Nifty traded with sharp cuts on March 15, pulled down by oil & gas, auto, and PSU banking stocks and continued selling in mid and small caps as mutual fund started sharing the outcomes of the stress test.At 11.25 am, the 30-pack Sensex was down 563.6...

F&O Manual-Nifty slips below the 22,000 mark, crucial support at 21,900, The market breadth is negative, with indices showing a downward bias. The Nifty is expected to trade in a wide range, with 21,950-21,900 as crucial support, say analystsThe Indian equity benchmarks were trading lower on March 15 morning on mixed global cues, a drop in IT names, and continued selling in mid and small-caps as m...

S4 Capital's Martin Sorrell is not alone in expressing optimism about India's growth trajectory at the World Economic Forum (WEF) in Davos. The gathering of global leaders has become a focal point for assessing the potential, opportunities, and challenges that await in India's economic landscape.Despite an air of pessimism prevailing among policymakers and global corporate leaders amid ongoing geo...

The Indian rupee failed to hold on to its positive opening versus the U.S. currency on Wednesday, slipping below 82.50 on dollar demand from foreign banks and importers, traders said.The rupee last traded at 82.5950 to the dollar, compared with 82.49 in the previous session. The local currency had opened at 82.31.The rupee struggled after the open on dollar demand from foreign banks and from a l...