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Times of Oman
3 hours ago
- Business
- Times of Oman
Indian stock market sentiment improves as more stocks move closer to 52-week highs: Report
New Delhi: The stock market sentiments in the country have shown signs of improvement, with a larger number of stocks now trading closer to their 52-week highs than lows, according to a recent report by PL Capital. The data highlighted a positive shift in investor outlook and an encouraging trend for broader market participation. It stated, "Market sentiment has improved - with more stocks closer to 52w Highs than Lows." According to the report's data, approximately 30 per cent of stocks are now near their 52-week highs, compared to those near their 52-week lows. Although this is still lower than in June last year, the report indicates that the situation has improved from previous lows. This trend indicates a more optimistic market environment, where more companies are experiencing price gains rather than declines. The overall sentiment appears to have turned more bullish, reflecting improving investor confidence and stronger market performance. The report also highlighted the rolling return spread between the Nifty 500 equal-weight index and the Nifty 500 index. This spread is rising from a cyclical low, which, according to PL Capital, suggests improving market breadth. A rising spread means that returns from equal-weighted stocks, where each company has an equal impact on the index, are improving compared to the market-cap-weighted index. This indicated that gains are not limited to just a few large-cap stocks but are being shared across a broader set of companies. Such a trend can often signal a potential market reversal or a period of consolidation. The report also tracked one-year return spreads across different investment styles or factors, including value versus quality, small versus large companies, and momentum versus low-volatility stocks. The data showed that the return spreads between these factors remain narrow, suggesting that no single investment style is dominating the market. The report stated, "Narrow factor spreads don't indicate any style polarisation, hinting that a balanced, multifactor approach is better suited in consolidating markets." The report outlined three key observations: improved sentiment with more stocks closer to 52-week highs, broader market participation as reflected by the equal-weight index performance, and narrow factor spread pointing to the need for diversified investment strategies in the current market phase.
Mint
4 hours ago
- Business
- Mint
Indian stock market sentiment improves as more stocks move closer to 52-week highs: Report
New Delhi [India], : The stock market sentiments in the country have shown signs of improvement, with a larger number of stocks now trading closer to their 52-week highs than lows, according to a recent report by PL Capital. The data highlighted a positive shift in investor outlook and an encouraging trend for broader market participation. It stated, "Market sentiment has improved - with more stocks closer to 52w Highs than Lows." According to the report's data, approximately 30 per cent of stocks are now near their 52-week highs, compared to those near their 52-week lows. Although this is still lower than in June last year, the report indicates that the situation has improved from previous lows. This trend indicates a more optimistic market environment, where more companies are experiencing price gains rather than declines. The overall sentiment appears to have turned more bullish, reflecting improving investor confidence and stronger market performance. The report also highlighted the rolling return spread between the Nifty 500 equal-weight index and the Nifty 500 index. This spread is rising from a cyclical low, which, according to PL Capital, suggests improving market breadth. A rising spread means that returns from equal-weighted stocks, where each company has an equal impact on the index, are improving compared to the market-cap-weighted index. This indicated that gains are not limited to just a few large-cap stocks but are being shared across a broader set of companies. Such a trend can often signal a potential market reversal or a period of consolidation. The report also tracked one-year return spreads across different investment styles or factors, including value versus quality, small versus large companies, and momentum versus low-volatility stocks. The data showed that the return spreads between these factors remain narrow, suggesting that no single investment style is dominating the market. The report stated, "Narrow factor spreads don't indicate any style polarisation, hinting that a balanced, multifactor approach is better suited in consolidating markets." The report outlined three key observations: improved sentiment with more stocks closer to 52-week highs, broader market participation as reflected by the equal-weight index performance, and narrow factor spread pointing to the need for diversified investment strategies in the current market phase. This article was generated from an automated news agency feed without modifications to text.
Time of India
a day ago
- Business
- Time of India
India Port Sector Growth: India's Port Sector Set to Surpass Global Growth Amid Economic ExpansionETInfra
Advt Port growth linked to broader economic objectives Advt By , ETInfra India's port sector is expected to grow at a faster pace than many major global economies, despite ongoing geopolitical tensions and global uncertainty, according to a recent report by PL Capital. The expansion is being attributed to rising domestic consumption, increasing trade volumes, and government-led infrastructure development.'We believe, despite ongoing geopolitical tensions and global uncertainty, India's ports sector is expected to grow faster than other major economies, driven by an increase in consumption and government-led projects,' the report report underlined the relationship between ports and economic growth in India. The government's effort to position the country as a global manufacturing base and its export-oriented policies are expected to support port expansion and the wider logistics volumes at Indian ports grew at a compound annual growth rate (CAGR) of 6.2 per cent over FY2002 to FY2025. Non-major ports recorded a higher CAGR of 9.1 per cent, while major ports grew at 4.7 per cent. The demand for port infrastructure remains steady amid rising trade activity and infrastructure currently has 12 major seaports and over 200 non-major ports, with a combined capacity of approximately 2,700 million metric tonnes (mmt). Major ports are overseen by the central government, while non-major ports fall under state jurisdiction. The country aims to increase total port capacity to 10,000 mmt by report noted several growth drivers including government programmes such as Sagarmala and PM Gati Shakti , increasing industrial activity, higher containerisation, a shift to multimodal logistics, and growing private sector also highlighted that the ports sector is undergoing structural change. Capacity expansion, technology-led efficiency improvements, and better connectivity are seen contributing to improved port India targets becoming a $10 trillion economy by FY2030, the port sector is expected to support this economic transition.
Times of Oman
a day ago
- Business
- Times of Oman
Despite geopolitical tensions, India's port sector expected to grow faster than major economies: Report
New Delhi: India's port sector is expected to grow at a faster pace than many major global economies, despite global geopolitical tensions and uncertainties according to a recent report by PL Capital. The growth is being driven by rising domestic consumption, increasing trade volumes, and strong government-led infrastructure projects. It stated, "we believe, despite ongoing geopolitical tensions and global uncertainty, India's ports sector is expected to grow faster than other major economies, driven by an increase in consumption and government-led projects". The report stated that ports and economic growth in India go hand in hand. The government's push to make India a global manufacturing hub, along with efforts to boost exports, is expected to fuel the growth of ports and the overall logistics sector. As per report, cargo volumes at Indian ports grew at a compound annual growth rate (CAGR) of 6.2 per cent over FY02 to FY25. This growth was led by non-major ports, where volumes rose at a higher CAGR of 9.1 per cent, compared to a 4.7 per cent CAGR growth at major ports. The demand for port infrastructure remains strong due to increasing trade and infrastructure development in the country. India currently has 12 major seaports and over 200 non-major ports, with a combined capacity of approximately 2,700 million metric tonnes (mmt). Major ports fall under the jurisdiction of the central government, while non-major ports are managed by state governments. The country has set an ambitious target to increase total port capacity to 10,000 mmt by the year 2047. The report highlighted several factors that are expected to drive this growth, including the rising aspirations of India's young population, the government's strong infrastructure focus through programs like Sagarmala and PM Gati Shakti, the increase in industrial and manufacturing activity, growing containerization, and a shift toward multimodal logistics. In addition, private sector participation in port development is also rising. The report also mentioned that the ports sector is undergoing a structural transformation. Capacity expansion, use of technology to reduce turnaround time, better loading and unloading standards, and improved connectivity are all contributing to making Indian ports more efficient and capable of handling future trade volumes.
News18
a day ago
- Business
- News18
India's Port Sector Set To Outpace Major Global Economies, Says Report
Last Updated: India's port sector thrives despite geopolitical uncertainties and trade restrictions, driven by rising domestic consumption, increasing trade volumes, and strong infrastructure. India's port sector remains unaffected by the geopolitical uncertainties and trade restrictions sparked by trade war. In fact, the sector is expected to grow faster than many major economies, according to a PL Capital report cited by ANI. Rising domestic consumption, increasing trade volumes and strong government-led infrastructure are pushing the growth in India's port sector, the PL Capital report added. The rationale behind the growth as per the ANI report, is that the ports and economic growth happen together. The government's mission to make India a global manufacturing hub with the increasing push for exports, is being the major factor to fuel the growth of ports and overall logistic sector, the report added. Cargo volumes at Indian ports grew at a CAGR of 6.2 per cent over FY02 to FY25, according to the report. The growth at non-major ports was higher at 9.2 per cent compared to major ports at 4.7 per cent. The demand for port infrastructure remains strong due to increasing trade and infrastructure development in the country, it added. India currently has 12 major running seaports and over 200 non-major ports, handling a combined capacity of approximately 2,700 million metric tonnes (mmt). The Indian government has set a target to increase the total port capacity to 10,000 mmt by the year 2047. The port sector will play an important role in India's effort of becoming a USD 10 trillion economy by FY30. view comments First Published: July 22, 2025, 10:46 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
