Special Article : Pharma Sector; Large Addressable Market, But Few Concerns Remain

In recent times, margins are under pressure due to pricing demands in the U.S., forcing companies to cut expenses. Delays in approval of new drugs by the USFDA is another issue that pharma companies are facing. There is an increasing opportunity in China as new rules reduce the entry barrier. The domestic market has the potential to boost growth, as India is increasing spending on health care.

The revenue of top 10 Indian pharmaceutical companies was Rs. 1.3T for FY 2018, of which more than 40% was derived from the U.S. market. The major categories of business include generic medicines, marketing of branded generic medicines, marketing of innovator medicines, and the manufacture and supply of active pharmaceutical ingredients (APIs). Continue reading “Special Article : Pharma Sector; Large Addressable Market, But Few Concerns Remain”

Daily Big Picture – Bulls Take Control on D-Street; Sensex Records Fresh All-Time Closing High

 

MarketSmith India_William Oneil IndiaToday’s Action:

Continuing with the momentum from yesterday, the benchmark indices traded in green all through the day, and approached their all-time highs. The indices ended on a firm footing, with the Sensex at a new all-time closing high and the Nifty less than a point below its own all-time closing high.

Daily Market Review

Despite the weakness seen across the Asian markets, the benchmark indices opened with a positive bias in today’s trade. The indices built on their morning gains, and came within touching distance of their all-time highs. By the end of today’s session, the Sensex ended at its all-time high closing price, while the Nifty ended less than a point shy of its all-time high on a closing basis.

Continue reading “Daily Big Picture – Bulls Take Control on D-Street; Sensex Records Fresh All-Time Closing High”

Daily Big Picture – Markets Rejoice the Largely Hassle-Free Implementation of the GST; March Higher

 

MarketSmith India_William Oneil India

Today’s Action:

The  benchmark indices opened on a positive note, and built on gains during the day; finally ending with close to 1% gains.

Daily Market Review

The benchmark indices made impressive gains in today’s trading session, which was expected to remain volatile largely due to concerns over the implementation of the Goods and Services Tax (GST). However, the rollout of the much-awaited tax reform has been largely hassle-free, which was reflected in the buoyant mood seen on the Street today.

Continue reading “Daily Big Picture – Markets Rejoice the Largely Hassle-Free Implementation of the GST; March Higher”

How to Preserve your Hard-Earned Money

The whole secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you’re wrong.” – William J. O’Neil, MarketSmith Founder

In the last week’s article, we discussed about investor biases. We hope that you found that article useful. Today, we move on to a new topic – an important one that is aimed at helping you realize profits in an unpredictable market environment.

Continue reading “How to Preserve your Hard-Earned Money”