Indian IT is ageing, investors should cut expectations from them: Damodaran

THE ECONOMIC TIMES Fri, Jan 27, 2017 | 06:33 AM IST ET Investment Opportunities Co-sponsor Associate Sponsors

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Indian IT is ageing, investors should cut expectations from them: Damodaran Tech cos have 20% weight in the US economy. Internet frims are promising, but they need to show revenue now, says financial guru Aswath Damodaran. Guess what! The markets get it right more often than you think In 2015 alone, world equity markets averaged almost 99 million trades, accounting for almost $450 billion a day, according to Dimensional Fund Advisors. Nilesh Shah's Budget: Levy wealth tax, estate duty on HNIs; acquire undeclared real estate "It is necessary to expand the tax base, as the tax burden is unequally distributed between the salaried class and others," says MD of Kotak Mutual Fund. Most economists feel FM will go easy on fiscal deficit: Will it mean pain for Dalal Street? The impact of the demonetisation drive on the economy and the looming GST tax are likely to keep the government guessing the revenue base for FY18.

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While offloading largecaps in Q3, FIIs fell in love with these 200 midcap & smallcap stocks In the auto and auto ancillary space, foreign investors increased share holdings in Amara Raja Batteries, Sona Koyo Steering and Minda, Capitaline data showed. Market to correct 5-10% if FM slaps long-term capital gains tax in Budget The consensus sees no change in long-term capital gains (LTCG) tax structure in the budget, but as the saying goes 'never say never' when it comes to Budget. While metal stocks continue to shine on D-Street, select pharma names turn attractive The pharma counter has been under pressure since H2 of 2016 amid rising concerns over pricing, compliance issues and a fear of shrinking growth in US market. D-Street gazes into the political crystal ball ahead of state polls, finds BJP 'UP' & running Veterans on Dalal Street expect a 1-1.5 per cent upside for the domestic stock market if the BJP wins UP and 3-3.5 per cent downside if it loses.

Advertorial Car insurance versus life insurance: Why one is more important than the other Car insurance is compulsory but life insurance is more important. Advertorial Why term insurance is a must have for parents Some common avenues that a parent invests in for accumulating wealth include PPF, MFs, shares, gold and real estate.

Dear FM, if Budget has LTCG, is hazy over FPI tax, only God can help D-St! PM Modi himself fuelled such fears in the runup to the Union Budget, by openly asking people who make money from the equity market to pay more taxes. IT to rise above Trump tremor soon, D-St to see double-digit returns in '17 At present experts are underweight on IT. However, if business prospects begin to look better, some of the stocks can become reasonably good buys.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Madhav Copper Ltd. 81.00 23-01-2017 27-01-2017 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXVI - II (1176 Days) Reg-G Debt: FMP Closed-end 16 Jan 2017 30 Jan 2017 5,000 UTI Fixed Term Income Fund - Series XXVI - II (1176 Days) Reg-D Debt: FMP Closed-end 16 Jan 2017 30 Jan 2017 5,000 UTI Fixed Term Income Fund - Series XXVI - II (1176 Days) Reg-DQ Debt: FMP Closed-end 16 Jan 2017 30 Jan 2017 5,000 UTI Fixed Term Income Fund - Series XXVI - II (1176 Days) Reg-DY Debt: FMP Closed-end 16 Jan 2017 30 Jan 2017 5,000 UTI Fixed Term Income Fund - Series XXVI - II (1176 Days) Reg-Flexi D Debt: FMP Closed-end 16 Jan 2017 30 Jan 2017 5,000 More >>

Real Estate News

Far from reality! Why it's better to be a broker than a developer after note ban Developers are being forced to offer 5-7% as commission to offload inventory - at 6.71 lakh unsold units - in the second half of 2016.

Kerala real estate players expect interest rates to fall further Credia said there is urgent need to classify housing as infrastructure industry to boost the sector.

Key reforms in real estate will boost the demand, say industry experts The moves related to RERA Act, Real Estate Investment Trusts, smart cities, GST and demonetisation will eventually boost the demand for real estate, feel industry participants.

Housing sales may see 20-30 per cent decline this year: Fitch Overall, Fitch Ratings has assigned a negative outlook to almost one third of Asia-Pacific (APAC) corporate sectors for 2017.

Flashback 2016: The year gone-by for real estate sector In view of the slowdown in the housing sector, the RERA is expected to be a significant sentiment booster for end-users and investors.

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Views and Recommendations

Buy Petronet LNG, target Rs 358 : Edelweiss Financial Services 25 January, 2017, 01:16 PM IST Buy Petronet LNG Ltd. at a price target of Rs 358 and a stop loss at Rs 405 from entry point buy Sell Amara Raja Batteries with a target of Rs 810: Edelweiss Financial Services 25 January, 2017, 01:13 PM IST Sell Amara Raja Batteries Ltd. with a target of Rs 810 and a stop loss of Rs 905 sell Buy Heidelberg Cement India, target Rs 134 : Ruchit Jain 25 January, 2017, 01:09 PM IST Buy Heidelberg Cement India Ltd. at a price target of Rs 134 and a stop loss at Rs 115 from entry point buy Buy ACC with a target of Rs 1500: Sumeet Bagadia 25 January, 2017, 01:04 PM IST Buy ACC Ltd. with a target of Rs 1500 and a stop loss of Rs 1315 buy

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