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Showing posts with the label market crash

Turkey’s Celebi loses over Rs 2,500 crore in 2 days as stock crashes 20% after India revokes security clearance

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[hfe_template id='11223'] [ad_1] Turkey-based airport ground handling company Çelebi Hava Servisi has seen its market capitalisation erode by more than Rs 2,500 crore (USD 293 million) in just two days, with its shares plunging nearly 20% on Thursday and Friday after India revoked the security clearance of its subsidiaries over national security concerns. In response, the Istanbul-headquartered firm said it will “pursue all administrative and legal remedies” to challenge the decision. The company underlined the significance of its India operations, stating that over one-third of its $585 million consolidated revenue in 2024 came from its Indian subsidiaries. The Bureau of Civil Aviation Security (BCAS) revoked the security clearance of Çelebi Airport Services India on Thursday, effective immediately. The move impacted all associated entities of the group operating in the country. Çelebi maintained that its Indian operations are “truly an Indian enterprise” managed by Ind...

“The crash has arrived”: Rich Dad Poor Dad author Robert Kiyosaki doubles down on gold, silver, Bitcoin strategy

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[hfe_template id='11223'] [ad_1] Renowned author and financial educator Robert Kiyosaki, best known for his bestselling book Rich Dad Poor Dad, issued a cautionary message on social media stating that the crash (about which he talked in a previous tweet) has arrived. He urged individuals to take note of the ongoing developments in gold, silver, and Bitcoin. In a recent tweet posted on X (formerly Twitter), Kiyosaki warned that the financial system is undergoing major turbulence and emphasized that precious metals and cryptocurrencies could play a critical role in navigating the crisis. “PLEASE LISTEN to Gold, Silver, & Bitcoin. What are they telling you? Gold is at an all-time high, demand for silver is exploding, and Bitcoin is roaring,” Kiyosaki stated. He went on to stress that he had long warned about an impending crash in the stock and bond markets in his previous publications, such as Rich Dad’s Prophecy, Who Stole My Pension, and Fake. Link: https://x.com/theR...

Trump tariffs rattle markets but Q4 earnings could be the real wrecking ball for Nifty bulls

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[hfe_template id='11223'] [ad_1] Even as Trump’s tariff tantrums dominate headlines, the biggest storm brewing for Dalal Street might not be coming from Washington—but from India Inc’s balance sheets. And unlike policy tweets, poor profits have a longer shelf life. The March quarter earnings season kicks off tomorrow, a market holiday though, with IT bellwether TCS announcing its numbers, and it couldn’t come at a more fragile time. After a nerve-rattling week driven by global fearmongering, Nifty bulls must now contend with the one force that truly steers stock prices—earnings. In the last few days, the market has been making sharp swings on the basis of any news—or even a rumour—around the trajectory of reciprocal tariffs by Trump. But with earnings taking the spotlight, the stage is set for what could be a harsh reality check. Motilal Oswal said the Q4 earnings remained essentially unchanged from previous quarters, with Nifty earnings growth expected at just 2% YoY. K...

Sensex crashed up to 54% in past recession years. Is India ready for a Trump-led meltdown this time?

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[hfe_template id='11223'] [ad_1] US President Donald Trump’s steep tariffs and altering of global trade structures have shaken the stock markets worldwide and worried top Wall Street leaders. There are also growing concerns among economists that the US might slide into a recession. Trump effected a 10% blanket tariffs on nearly all countries last week even as the levies varied. India attracted a 26% tariff on all exports to the US, while China's and Vietnam's were much higher. Even though these could be partially rolled back through negotiations in the coming weeks or months, Wall Street fears the impact is significant enough to tip the economies into a downturn. Wall Street is fearing the worst Goldman Sachs has increased its 12-month recession probability from 35% to 45% due to Trump's tariffs. If these tariffs come into effect, Goldman expects to revise its forecast to predict a recession.Another Street biggie JP Morgan projects a US recession by the end o...

As market fell from peak, these 29 smallcaps defied gravity to deliver up to 118% return

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[hfe_template id='11223'] [ad_1] Indian markets have corrected over 10% from their late-September highs, and while there are mixed opinions on the likelihood of a rebound, a select few small-cap stocks have defied the negative trend, delivering impressive returns to investors over the past two months. Around 29 stocks in the smallcap space gained 25% or more at a time when the BSE smallcap index has fallen nearly 14% from its peak. JSW Holdings saw a multibagger surge of 118%, followed by Nalwa Sons Investments, whose shares rallied 70% during this period. Some other stocks which shined in the downtrend include Raghav Productivity, Siyaram Silk Mills, Timex Group, Indo Tech Transformers, Pix Transmission, Precision Camshafts, WPIL, Innova Captab, Ganesh Housing Corp, Avalon Technologies, Ganesha Ecosphere, SJS Enterprises and Neuland Labs. The broader market correction has been influenced by global economic uncertainties, inflationary pressures, and geopolitical tensions...

Investors lose nearly Rs 3 lakh crore as Sensex, Nifty sink; key factors behind Monday mayhem

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[hfe_template id='11223'] [ad_1] Indian benchmark equity indices fell sharply on Monday, with the Sensex dropping over 800 points and the Nifty slipping below the 26,000 mark, amid mixed cues from regional markets. The decline was led by index heavyweights Reliance Industries, IT, and financial stocks. The market capitalisation of all listed companies on the BSE fell by Rs 2.63 lakh crore to Rs 475.3 lakh crore. Reliance Industries, ICICI Bank, HDFC Bank, and Axis Bank together dragged the Sensex down by 450 points. Bharti Airtel, M&M, SBI, TCS, Infosys, and Tata Motors also contributed to the decline. On the sectoral front, Nifty Bank, Auto, Financial Services, IT, Media, Realty, Healthcare, and Oil & Gas fell by up to 1.6%. Meanwhile, the fear gauge India VIX jumped 6.3% to 12.7. However, Nifty Metal gained 1.5%, extending its winning streak after China's announcement of measures to boost its slowing economy. NMDC, Hindalco, and SAIL were the top gainers in...

Sensex, Nifty can fall up to 10% with bigger crash in smallcaps, warns Emkay

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[hfe_template id='11223'] [ad_1] "We see the risk of an imminent 5-10% correction in the headline indices, with bigger drawdowns in small and midcap stocks. Nifty valuations are stretched at 21.4x 1YF PER, and a positive budget is now in the price. There are no additional positive catalysts, as we expect a tepid 1QFY25 earnings season with rate cuts coming only at end-CY24," Seshadri Sen, Head Of Research, Emkay Global, said in a note to investors. He said a sell-off is likely to be led by Industrials (high valuations) and financials (most liquid), but durables like autos are vulnerable too. "The best places to hide are staples, energy, and technology, in that order. We remain constructive on India from a longer-term (>1 year) perspective, and would use a meaningful correction to increase exposure to the market," Sen said. In the Union Budget, which will be presented in the Parliament on Tuesday, Nirmala Sitharaman is widely expected to tread the p...