Markets tank on fund outflows, RBI caution, weak Q1 earnings

• Weakness in the stock markets may continue in the immediate term in the absence of any upside triggers
• Emerging markets fell on Monday as hopes of a rate cut by the US Fed dwindled

Mid-cap mayhem: Long road to recovery

• Mid- and small-cap stocks have gone through a free fall. To make matters worse, large-caps are now in trouble
• The large-cap-based BSE Sensex has been masking the pain. The bellwether gained 12% since Jan 2018, but within the large-cap universe, only a handful are driving the surge

TVS Motors braves slowdown in Q1, but uncertainty in sales loom ahead

• TVS Motor’s 7.2% year-on-year growth in Q1FY20 net sales to ₹4,468.6 crore is impressive
• While the management is confident of some revival in the festive season, it is also said that the second half FY20 would be less impressive than the year-ago period

With sturdy Q1, Kotak Mahindra Bank seeks good pockets to lend

• Kotak Mahindra Bank reported a deceleration in loan growth to 18% for Q1 from 22% a year ago
• The management cited a slowdown in demand and flagged concerns over auto, real estate, small biz

Will changing dynamics crimp Amara Raja’s earnings growth?

• There are also challenges in the near term, with a price war on in the replacement market for auto batteries
• Exide and Amara Raja will have to fight for a larger share of the replacement market, when the original equipment segment is dull

Gold prices hit all-time high, silver rates surge

• Iran tensions and expectations of monetary easing from global central banks have boosted gold prices
• Tracking gold, silver prices have also zoomed this month

Weak kharif season ups earnings challenges for agrochemical companies

• Insufficient rainfall in several parts of the country has delayed sowing, which was down 6.8% as of last week, as compared to this time last year
• A monsoon failure can accentuate earnings challenges for agricultural input providers, notably Rallis India and Dhanuka Agritech

Investments via P-notes decline to ₹81,913 crore in June

• In the previous four months, cumulative investment of ₹73,428 crore was made till the end of February
• There is a decline of 0.85% in the total value of P-notes investment from the previous month

HDFC twins erase $6.4 billion market value

• Provisions grew 23% quarter on quarter to ₹2,610 crore
• HDFC Bank slipped 3.5% to ₹2,294 with erasing over ₹25,000 crore market value

What history tells us about US Federal Reserve’s rate cuts and its market impact

• Central banks globally are moving towards monetary easing
• US Fed is expected to oblige the global market with a 25 bps interest rate cut

Oil gains as West Asian tensions flare, Libya field shut

• Prices gain after Iran seizes British tanker; supply outages and cuts also supportive
• Sluggish oil demand outlook weighs

Will price cuts discharge Amara Raja’s powerful Q1FY20 performance

• Investors were also appeased with the 300 bps (yoy) expansion in Ebitda margin to 15.4%
• Performance was driven by a 6% beat in net sales at ₹1,815 crore

How the Iran crisis could impact oil prices

• Japan, India and South Korea would be some of the most vulnerable economies to a Persian Gulf war due to their heavy dependence on the region’s crude
• Every 10% increase in the price of a barrel of crude widens India's current-account deficit by about 0.4% of gross domestic product: Nomura

Indices end lower, Sensex shreds 306 points, Nifty below 11,350-mark

• Midcap and smallcap gauges ended with losses.
• HDFC twin shares were the top losing stocks, Yes Bank rose 9.49%

Why the Nifty Metals index may find it hard to recover any time soon

• Nifty Metals index figures among the worst-performing-sector indices in the past one month
• The index dipped 5% compared to a 2.33% slip in the Nifty 50

Sensex plunges further as super-rich tax on foreign trusts stays

• Continuous FPI outflow and concerns over earnings have hit Indian markets
• Foreign investors have cut its position for ninth consecutive sessions in domestic equity market

Bond prices drop as Das says rate cut data dependent

• The rupee also weakened along with Asian currencies
• The 10-year bond yield rose 7 bps to 6.433%

Kotak Mahindra Life prefers infrastructure over consumption

• Kotak Mahindra Life prefers shares of cement makers, engineering firms and construction contractors
• Kotak Classic Opportunities fund has returned 11% annually over the past five years, beating 73% of rivals

Markets likely to be wobbly; RIL, HDFC Bank, DHFL shares in focus

• Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by Fed
• Kotak Mahindra Bank, United Spirits, DHFL, ICICI Securities and others to declare their Q1 results today

Why are gold prices so high? Explained in 5 points

• Some analysts suggest there is some room for gold prices to go up further
• Gold prices have benefited low inflation expectations