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Solana (SOL) became a leading cryptocurrency competitor after its 2000% price explosion over two years.

New player Rexas Finance (RXS) is making waves with promises of a similar spectacular climb in two months.

With its unique Real-World Asset (RWA) tokenization and decentralized finance (DeFi), Rexas Finance attracts investors looking for the next big blockchain opportunity.

RXS’s mission to reinvent asset management and democratize access to formerly illiquid markets presents a unique opportunity for early investors that might approach or surpass Solana’s success.

Rise of Solana: cryptocurrency growth benchmark

Solana (SOL) has become a household name and has taken the forefront of blockchains and cryptocurrencies thanks to its quick success and evolution.

Its price shot 2000% in just two years, thanks to its scalable system architecture, high-performance blockchain, and simplicity of development.

The Solana blockchain’s advantages to consumers and administrative users are its speed, efficiency, and low transaction costs.

Considering its emphasis on the scaling trilemma, comprising the three variables decentralization, scalability, and security, Solana emerges as one of the strongest candidates for hosting dApps and NFTs. The rapid growth of the PoH mechanism fueled the blockchain ecosystem, enticing developers and investors. Because of this invention, Solana beat its competitors by handling thousands of transactions per second. With this innovation, Solana processed thousands of transactions per second, outperforming many competitors. 

Although Solana’s success has established a standard, the market continually changes. A new competitor, Rexas Finance (RXS), promises similar growth in a very short timeline.

New Solana alternative: Rexas Finance

Rexas Finance (RXS) is revolutionizing blockchain with unique asset tokenization and decentralized finance solutions.

Unlike Solana, which is known for its high-performance blockchain and developer-friendly environment, Rexas Finance uses Real-World Asset (RWA) tokenization to bring illiquid markets like real estate, art, and commodities into the digital economy.

By targeting these niches, Rexas Finance is competing with Solana and developing a new blockchain ecosystem with the potential for asset democratization and utility. One of Rexas Finance’s most transformational features is its capacity to open up investment opportunities.

Through fractional ownership of high-value assets, Rexas Finance lets individual investors engage in institutionally dominated markets.

Blockchain-based tokens allow investors to buy fractional shares in premium real estate or rare artwork without spending millions.

This strategy eliminates high transaction fees and various intermediaries to liquid illiquid markets.

This democratized access is revolutionary, enabling average investors to diversify with high-value tokenized assets while upholding blockchain transparency and security.

Why Rexas Finance will boom to 2000% in two months

Rexas Finance (RXS) is transforming real-world asset tokenizing in the blockchain sector, offering investors hitherto unheard-of portfolio diversification possibilities.

The token’s presale price of $0.175 would increase by 2000% to $3.675, proving the project’s potential.

Investor enthusiasm and confidence in Rexas Finance’s (RXS) presale have driven its expected 2000% increase.

At Stage 11, the presale has raised $33,762,483, with tokens valued at $0.175. Over 90% of the $41 million target has been raised, indicating significant market demand.

Of 425,000,000 tokens, 383,640,477 have been sold, and the following stage price will rise to $0.200, demonstrating the token’s value.

This strong presale performance showcases RXS’s revolutionary platform and sets the framework for exponential development post-launch. 

Rexas Finance’s early presale momentum attracts institutional and crypto investors, allowing it to meet its lofty price expectations.

This prediction is based on solid security, cutting-edge tools, and a bold approach to connecting traditional and digital marketplaces. 

Rexas Finance has passed essential tests, including a Certik Audit, which verifies the platform’s integrity and transparency.

Due to its visibility on CoinMarketCap and CoinGecko, RXS is gaining the trust of early adopters and seasoned investors.

Strategic initiatives, such as a $1 million RXS campaign that will reward 20 lucky participants with $50,000, have gathered over 666,432 submissions and helped Rexas Finance rise. The platform is building a loyal and active community by rewarding website tasks. 

The campaign underscores its ambitious aim, as analysts forecast a 2,000% increase in the token.

This growth prediction is based on RXS token utility, platform innovation, and strategic relationships.

Rexas Finance will grow rapidly, with a maximum of one billion tokens and a concentration on the trillion-dollar real-world asset market.

RXS is an attractive investment for individuals wishing to capitalize on decentralized finance because it went from $0.175 to $3.675 in two months, demonstrating its transformational capacity. 

Solana’s spectacular rise has established a high standard in cryptocurrency and demonstrated the potential of blockchain systems. Rexas Finance (RXS) is a promising competitor that could match or surpass Solana’s achievement in a fraction of the time.

Early adopters can capitalize on RXS’s disruptive potential with its groundbreaking Real-World Asset (RWA) tokenization, investor-centric features, and strong presale performance.

Strategic initiatives, open audits, and community engagement make Rexas Finance an attractive investment and a visionary undertaking transforming traditional and digital markets. Analysts predict a 2000% spike, so act quickly on this revolutionary chance.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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The post Solana price rises 2000% in 2 years, but new SOL alternative is predicted to do the same in just 2 months appeared first on Invezz

After a lacklustre performance in recent years, Indian large-cap stocks could see a comeback in 2025, driven by attractive valuations resulting from foreign investor selling and the potential for strong corporate earnings.

A CNBC-TV18 poll which gathered insights from 61 fund managers, high-net-worth individuals, and market dealers indicated a strong leaning in favour of large-cap stocks for 2025.

Further, according to the latest report by Canara Robeco Mutual Fund, the fall of the Nifty 100 index- which tracks the performance of India’s 100 largest companies by market capitalisation- to near all-time lows creates a significant opportunity for mean reversion, where valuations return to their historical norms.

Further, the report says, that the fact that these stocks represent leaders in their respective industries, they are more resilient and more capable of navigating global market volatility, as well as capitalising on long-term economic trends.

Why valuations are favouring large caps?

V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, recently said that FIIs sold equities worth Rs 1.19 lakh crore in 2024, even though they invested nearly Rs 1.21 lakh crore through primary markets, especially when the year saw a surfeit of initial share sales.

According to Bloomberg, global funds offloaded over $750 million worth of stocks in 2024, exacerbated by heavy selling in October and November.

One of the major reasons behind the heavy selling was the premium valuations of Indian stocks in the wake of slowing earnings growth.

Source: Moneycontrol

In September, the Nifty 50 index, which comprises the top 50 equity stocks, was trading at a price-to-earnings ratio of 24.7x, which was in line with its 5-year average, but higher than the 10-year average of 23.4x.

Currently, Nifty 50 is trading at a PE ratio of 21.9, whereas Nifty 100 is trading at a PE ratio of 22.4.

Nimesh Chandan, chief investment officer at Bajaj Finserv, which manages over $1.8 billion in assets, told CNBC,

Large caps have borne the brunt of selling by foreign investors, and valuations are attractive.

The Canara Robeco report added, “The domestic large-cap universe currently stands near its 3-year historical average while being undervalued against the Nifty 500 broader market index. This may open an opportunity for the large-cap space to be favourable for the upcoming period as per our belief.”

5 large-cap stocks that analysts are bullish on

Axis Bank share price target

Axis Bank is covered by 37 brokers, who have assigned an average rating of 4.33 out of 5.

The stock’s average target price is ₹1,349, suggesting a potential upside of 26% from its current price of ₹1,073.

Hindustan Unilever (HUL) share price target

Hindustan Unilever is tracked by 35 brokers, with an impressive average rating of 4.67.

Analysts have set an average target price of ₹2,934, indicating a 26% upside from the current price of ₹2,321.

IndusInd Bank share price target

IndusInd Bank has an average rating of 4.69 from 34 brokers.

The stock has an average target price of ₹1,630, reflecting a massive 67% upside from its current market price of ₹977.

Tata Motors share price target

Tata Motors has earned an average rating of 4.14 from 31 brokers.

Analysts project an average target price of ₹1,052, highlighting a potential upside of nearly 40% from the current price of ₹749.

State Bank of India (SBI) share price target

SBI is covered by 30 brokers, with an average rating of 4.75.

The average target price for the stock is ₹1,010, offering a potential upside of 27% from its current market price of ₹793.

The post Tata Motors, SBI, and 3 more large-cap stocks analysts are bullish on for 2025 appeared first on Invezz

Indonesia’s delay in implementing its B40 biodiesel mandate is creating ripples through the global palm oil market, raising questions about export volumes, domestic consumption, industry stability, and future pricing trends.

The initiative aimed to raise palm oil blending in biodiesel to 40% from the current 35%, but regulatory bottlenecks have stalled progress, leaving traders and producers in limbo.

As the world’s largest palm oil producer, Indonesia’s biodiesel policies significantly influence global markets, making the delay a pivotal development for traders.

What is Indonesia’s B-40 mandate?

Initially planned for rollout on 1 January 2024, the B40 mandate has yet to take effect due to the absence of technical regulations and official decrees.

The policy was expected to curb Indonesian palm oil exports by redirecting supply to domestic biodiesel production.

The delay has left biodiesel producers, such as members of APROBI, unable to finalise contracts, and state energy firm Pertamina awaiting clear directives to operationalise its refineries for B40 production.

For global palm oil traders, this uncertainty is significant.

The mere announcement of the B40 policy had already driven Malaysia’s benchmark palm oil prices nearly 20% higher earlier in 2024, as markets anticipated reduced exports from Indonesia.

The current impasse has now tempered those expectations, leaving traders to reassess the potential impact on supply chains, pricing, and overall market dynamics.

Indonesia palm oil exports

Indonesia’s annual allocation of 15.62 million kilolitres (4.13 billion gallons) of palm oil-based biodiesel for 2025 is critical to understanding the policy’s impact.

However, with implementation delayed, traders are struggling to estimate how much palm oil will remain available for export.

This uncertainty could disrupt market dynamics, particularly in neighbouring Malaysia, which competes for global palm oil demand, and potentially shift the balance of trade in the region.

Moreover, concerns about the scope of government subsidies for B40 have added to the confusion.

Analysts note that Indonesia may only subsidise biodiesel for non-industrial use, which accounts for less than half of the country’s demand.

If this materialises, the policy could fall short of its intended impact, undermining both domestic consumption targets and global market expectations.

This raises broader concerns about policy consistency in Indonesia’s biofuel strategy.

Palm oil price outlook

The delayed implementation of the B40 policy presents a mixed outlook for palm oil markets.

On the one hand, the uncertainty may cap bullish sentiment, as traders remain cautious about Indonesia’s ability to execute the mandate effectively.

On the other, any sudden progress in rolling out the policy could lead to rapid price adjustments, particularly if export volumes are curtailed, potentially reshaping global supply chains.

For Indonesia, resolving the bottlenecks is essential not just for domestic energy goals but also for maintaining its leadership in the global palm oil market.

Until then, traders and producers alike must navigate a landscape of shifting expectations, regulatory ambiguity, and uncertain timelines for a policy that could significantly impact the sector.

The post What Indonesia’s B40 biodiesel delay means for palm oil traders appeared first on Invezz

Japan, South Korea, and China are facing a year of big decisions and bigger challenges in 2025.

Japan is working on a fragile recovery, South Korea is dealing with political and trade pressures, and China is tackling a slowing economy while reforming its system.

Each country has its own problems to solve, but they’re all connected by the same global trends—slowing growth, rising trade barriers, and shifting industries.

How does the outlook for the Asian economies look like in 2025 and what can each country learn from each other?

Japan: moderate growth, but too many uncertainties

Japan’s economy is projected to grow between 1.5% and 1.8% in 2025.

This forecast is grounded on efforts to boost consumer spending through record wage hikes and government stimulus.

A ¥39 trillion package, targeting energy subsidies and household support, has been introduced by the Japanese Finance Ministry to stabilize growth.

Wages have been the main growth driver for the country and remain on an upward trajectory. In 2024, Japanese companies agreed to a 5.1% average pay increase, the highest in 33 years.

Labor unions are pushing for similar hikes in 2025, with some targeting increases of 6% or more for smaller businesses.

These gains are expected to support consumption, which accounts for over half of Japan’s GDP.

However, external risks could threaten Japan’s growth in 2025.

According to estimates by Mizuho Securities, the return of US President Donald Trump and his proposed tariff hikes on Japanese goods could reduce GDP growth by 0.13 percentage points. 

Additionally, Japan’s aging population continues to challenge its labor market and productivity.

Policy measures are helping to address these structural challenges. Investments in decarbonization and digitalization, coupled with growth in high-value industries like semiconductors, are strengthening Japan’s economic foundation. 

Yet, the outlook remains contingent on how effectively Japan navigates global trade tensions and maintains political stability under its minority government.

South Korea: slowing growth and rising risks

South Korea’s economy is expected to grow within the 1% range in 2025, reflecting a slowdown driven by political turmoil, trade barriers, and demographic challenges. 

Recent data from the Korea International Trade Association shows exports reached $622.39 billion from January to November 2024, narrowing the gap with Japan’s export value to a record low of $20.2 billion. However, this growth is threatened by rising protectionism.

The U.S. and China, South Korea’s largest trading partners, have introduced heightened trade barriers.

These measures, combined with increasing labor costs, are prompting Korean companies to relocate manufacturing to Europe and Southeast Asia.

This trend risks undermining South Korea’s position as a global manufacturing hub.

Domestically, political instability increases economic uncertainty. The impeachment of President Yoon Suk Yeol has delayed critical trade negotiations, and tensions could stifle investor confidence. 

South Korea also faces structural challenges, including a low fertility rate and an aging population, which threaten its labor force and long-term economic growth.

Nevertheless, South Korea’s innovation in high-tech industries and robust exports in semiconductors, cosmetics, and pharmaceuticals maintain a positive long-term outlook for its economy. 

China: slower growth with policy support

China’s growth is forecasted to slow to 4.5% in 2025, down from an estimated 4.9% in 2024, according to World Bank.

The deceleration is caused by a prolonged property crisis, weak domestic demand, and external shocks, particularly from US tariff hikes.

The anticipated 60% tariff increase on three-quarters of US imports from China could drag GDP growth by 150 basis points, according to estimates.

This comes as China’s property market shows limited signs of recovery, with stabilization expected only by late 2025.

The property crisis continues to weigh on household confidence and local government finances.

To offset these pressures, China is ramping up fiscal and monetary support.

The government plans to expand its budget deficit to 3.5-4% of GDP in 2025, issue RMB 2 trillion in special treasury bonds, and increase infrastructure spending. 

These measures are complemented by interest rate cuts of 30-40 basis points and efforts to stimulate household consumption.

China is also aiming to support its high-value industries like semiconductors and strategic technologies.

The goal is to reduce dependence on exports and bolster long-term competitiveness. 

However, economists warn that conventional stimulus measures may be insufficient.

Deeper reforms, such as strengthening social safety nets and improving local government finances, will be required for a sustainable recovery.

What the Asian economies can learn from each other

Japan’s focus on wage growth offers a lesson for South Korea and China. Higher wages can drive domestic consumption and reduce reliance on exports. 

South Korea’s strong export base highlights the importance of innovation and diversification, a strategy China has already adopted in its push for high-value industries. 

Meanwhile, China’s extensive fiscal measures and social reforms provide a blueprint for managing economic transitions. 

However, it’s not “all size fits all” here and all of the Asian economies face their own unique challenges and are relying on their own core strengths.

While growth is projected across all three economies, trade tensions, political instability, and structural issues could derail progress.

Success will depend on timely policy actions, structural reforms, and effective management of global uncertainties. Each country’s ability to adapt will determine its economic trajectory in the years to come.

The real question is whether these nations will seize 2025 as an opportunity to break from their traditional playbooks.

East Asia’s economic legacy will not be written by its growth numbers alone—it will depend on whether its leaders choose bold, forward-thinking reforms or continue to settle for short-term survival.

The post Japan, South Korea, and China: will growth rebound for Asia’s powerhouses in 2025? appeared first on Invezz

Britain began 2024 with promising signs as inflation steadily declined before rebounding in November, but as 2024 draws to a close, fears of stagflation- a phenomenon combining stagnating growth and rising inflation, have begun to dominate economic discussions.

The Consumer Prices Index (CPI), which started the year at 4%, dropped to the Bank of England’s 2% target by May, a level last seen three years ago.

Former Prime Minister Rishi Sunak praised the achievement, attributing it to his government’s “bold action” during the cost-of-living crisis.

However, the success was short-lived as inflation briefly fell to 1.7% in September but rebounded to 2.6% by November, driven by persistent pressures in the services sector and rising wages.

Labour sweeps to power amid economic optimism

Despite the early economic recovery, political change defined 2024.

In July, the Labour Party won a landslide victory in the general election, ending over a decade of Conservative rule.

Sir Keir Starmer became Prime Minister, with a vision to restore growth and make the UK the fastest-growing economy in the G7.

Labour’s ambitions faced immediate tests.

In the October 30 Budget, the government raised employers’ national insurance contributions and announced a significant increase in the minimum wage for 2025.

While these measures aimed to boost household incomes, they sparked concerns about rising business costs and inflationary pressures.

Interest rates: relief tempered by caution

The Bank of England provided some relief to borrowers in 2024, cutting interest rates for the first time since March 2020.

The base rate, which had been at a 16-year high of 5.25%, was reduced to 5% in August and further to 4.75% in November.

Despite these cuts, the Bank struck a cautious tone, emphasizing persistent inflation risks.

Regular wage growth, which peaked at 7.9% in 2023, remained higher than forecast, exacerbating underlying inflation.

Rate-setters warned that the path to further reductions would be “gradual” and dependent on inflationary trends.

Economic growth stumbles after a promising start

The UK economy showed resilience in early 2024, emerging from a shallow recession with 0.7% growth in the first quarter.

This recovery offered hope that Britain was turning a corner. However, by summer, growth had stalled.

Zero GDP expansion was recorded in the third quarter, and the Bank of England predicted no growth in the year’s final months.

This stagnation pushed the economy dangerously close to another technical recession, defined as two consecutive quarters of negative output.

Labour’s promise to restore growth was further complicated by the slowing economy, which became a central challenge for its new administration.

The job market shows signs of strain

While wage growth offered a cushion for households, the labor market painted a less optimistic picture.

Unemployment rose to 4.3% by autumn, and job vacancies plummeted.

The number of workers on payrolls remained largely static throughout the year, signaling a cooling jobs market.

Businesses warned that Labour’s budget measures, particularly the rise in employers’ national insurance contributions, could lead to hiring slowdowns and layoffs in 2025.

Many firms indicated they would need to raise prices to offset increased costs, potentially driving inflation higher.

Stagflation fears: what are analysts saying?

As 2024 drew to a close, fears of stagflation—a combination of stagnating growth and rising inflation—began to dominate economic discussions.

Analysts predicted inflation could rise above 3% by spring 2025, fueled by Labour’s budget measures and persistent cost pressures.

Despite this, there were glimmers of hope. The worsening GDP outlook might accelerate interest rate cuts in 2025, providing relief for borrowers.

Economists forecast three to four reductions next year, although global uncertainties, including trade policies under incoming US President Donald Trump, could add to the unpredictability.

Laith Khalaf, head of investment analysis at AJ Bell said,

With the economy stalling, the watchword for 2025 is now stagflation. Wherever you look, the green shoots of an inflation revival seem to be pushing up the turf.

Khalaf sad that as inflationary pressures build, the Bank of England is likely to remain cautious about making aggressive interest rate cuts.

However, economists suggest there may still be hope for borrowers in 2025, as a weakening GDP outlook could prompt faster reductions in borrowing costs.

Philip Shaw at Investec Economics said, “The better news is that it will make the Monetary Policy Committee more inclined to bring interest rates down early next year.”

While most experts expect three to four rate cuts in 2025, the economic outlook remains uncertain due to the unclear impact of the Budget measures and the potential implications of incoming US President Donald Trump’s trade tariff plans.

The post UK economy 2025: why stagflation fears are dominating forecasts appeared first on Invezz

The People’s Bank of China (PBOC) plays a pivotal role in shaping global foreign exchange (FX) markets through its daily yuan fixing mechanism.

By establishing a central parity rate for the USD/CNY pair each morning, the PBOC not only influences the yuan’s valuation but also sends ripples through international markets, particularly those of Asia.

As China cements its position as the world’s second-largest economy and a potential rival to the US dollar in global trade, the dynamics of its currency management strategy have become increasingly consequential for traders, investors, and policymakers worldwide.

Why does yuan fixing matter for global markets?

The Chinese yuan’s growing prominence in global FX markets stems from its expanding role in international trade and finance.

According to the Bank of International Settlements (BIS), the yuan’s share of global FX turnover surged from 4% in 2019 to 7% in 2022, elevating it to the fifth most traded currency.

Source: Forex.com

The USD/CNY pair now ranks as the fourth most traded globally, trailing only EUR/USD, USD/JPY, and GBP/USD.

Unlike freely floating currencies, the yuan operates within a controlled framework.

Each trading day, the PBOC sets a “fix” or midpoint for the USD/CNY exchange rate, allowing market movements of up to 2% in either direction.

While this mechanism provides stability, it also ensures the PBOC retains control over its currency, leveraging the fix as a tool to address economic objectives and manage external pressures.

For instance, the yuan’s controlled flexibility gives Beijing the ability to counteract trade imbalances and capital outflows without fully relinquishing market influence.

Global markets closely monitor the fixing level as it provides insight into China’s economic policies and its response to domestic and international developments.

A stronger-than-expected fix can signal the PBOC’s intent to curb depreciation pressures, whereas a weaker fix might suggest prioritising export competitiveness.

How does PBOC manage market forces?

Despite increased flexibility in yuan trading, the PBOC’s approach to managing market expectations remains robust.

In periods of significant depreciation, such as in late 2023 and early 2024, the PBOC consistently set stronger-than-expected fixes to counteract downward pressure.

This intervention, often supported by state banks selling dollars in the open market, highlights China’s commitment to maintaining relative stability in its currency.

The PBOC also holds substantial foreign exchange reserves—standing at $3.225 trillion—providing a financial buffer to resist unwanted market movements. However, there are limits to how long these strategies can be sustained.

In 2015, the central bank’s decision to devalue the yuan by nearly 2% caught markets off guard, triggering global volatility and escalating tensions with the US.

This move underscored the PBOC’s willingness to prioritise economic stability over immediate market reactions, even at the cost of diplomatic fallout.

Source: Forex.com

The ripple effects of yuan volatility

Changes in the yuan’s valuation extend beyond China’s borders, impacting currencies across Asia and the broader global FX ecosystem.

A weaker yuan often strengthens the US dollar, exerting downward pressure on emerging market currencies that rely on trade with China.

Conversely, a stronger yuan can ease dollar strength, benefiting currencies in the region.

China’s fixing decisions are particularly significant given the yuan’s growing use in trade settlements and its inclusion in the International Monetary Fund’s Special Drawing Rights (SDR) basket.

This dual role—as a regional anchor currency and an emerging global reserve currency—amplifies the influence of the PBOC’s daily fix.

Looking ahead, the yuan’s trajectory will likely hinge on multiple factors, including China’s economic recovery, ongoing trade tensions with the US, and Beijing’s efforts to internationalise its currency.

Any major devaluation, akin to the 2015 episode, could disrupt global markets, intensifying volatility in FX trading.

The post How does PBOC’s yuan fixing impact global FX markets? appeared first on Invezz

After a lacklustre performance in recent years, Indian large-cap stocks could see a comeback in 2025, driven by attractive valuations resulting from foreign investor selling and the potential for strong corporate earnings.

A CNBC-TV18 poll which gathered insights from 61 fund managers, high-net-worth individuals, and market dealers indicated a strong leaning in favour of large-cap stocks for 2025.

Further, according to the latest report by Canara Robeco Mutual Fund, the fall of the Nifty 100 index- which tracks the performance of India’s 100 largest companies by market capitalisation- to near all-time lows creates a significant opportunity for mean reversion, where valuations return to their historical norms.

Further, the report says, that the fact that these stocks represent leaders in their respective industries, they are more resilient and more capable of navigating global market volatility, as well as capitalising on long-term economic trends.

Why valuations are favouring large caps?

V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, recently said that FIIs sold equities worth Rs 1.19 lakh crore in 2024, even though they invested nearly Rs 1.21 lakh crore through primary markets, especially when the year saw a surfeit of initial share sales.

According to Bloomberg, global funds offloaded over $750 million worth of stocks in 2024, exacerbated by heavy selling in October and November.

One of the major reasons behind the heavy selling was the premium valuations of Indian stocks in the wake of slowing earnings growth.

Source: Moneycontrol

In September, the Nifty 50 index, which comprises the top 50 equity stocks, was trading at a price-to-earnings ratio of 24.7x, which was in line with its 5-year average, but higher than the 10-year average of 23.4x.

Currently, Nifty 50 is trading at a PE ratio of 21.9, whereas Nifty 100 is trading at a PE ratio of 22.4.

Nimesh Chandan, chief investment officer at Bajaj Finserv, which manages over $1.8 billion in assets, told CNBC,

Large caps have borne the brunt of selling by foreign investors, and valuations are attractive.

The Canara Robeco report added, “The domestic large-cap universe currently stands near its 3-year historical average while being undervalued against the Nifty 500 broader market index. This may open an opportunity for the large-cap space to be favourable for the upcoming period as per our belief.”

5 large-cap stocks that analysts are bullish on

Axis Bank share price target

Axis Bank is covered by 37 brokers, who have assigned an average rating of 4.33 out of 5.

The stock’s average target price is ₹1,349, suggesting a potential upside of 26% from its current price of ₹1,073.

Hindustan Unilever (HUL) share price target

Hindustan Unilever is tracked by 35 brokers, with an impressive average rating of 4.67.

Analysts have set an average target price of ₹2,934, indicating a 26% upside from the current price of ₹2,321.

IndusInd Bank share price target

IndusInd Bank has an average rating of 4.69 from 34 brokers.

The stock has an average target price of ₹1,630, reflecting a massive 67% upside from its current market price of ₹977.

Tata Motors share price target

Tata Motors has earned an average rating of 4.14 from 31 brokers.

Analysts project an average target price of ₹1,052, highlighting a potential upside of nearly 40% from the current price of ₹749.

State Bank of India (SBI) share price target

SBI is covered by 30 brokers, with an average rating of 4.75.

The average target price for the stock is ₹1,010, offering a potential upside of 27% from its current market price of ₹793.

The post Tata Motors, SBI, and 3 more large-cap stocks analysts are bullish on for 2025 appeared first on Invezz

The Nasdaq 100 index ended the year on a negative note, slumping by over 5% from its highest level in 2024. On the first trading day of the year, it was trading at $21,000, as traders refocused on the potential risks and opportunities of the new year. So, is the tech-heavy Nasdaq 100 index a good investment in 2025?

Nasdaq 100 index technical analysis

The daily chart shows that the Nasdaq 100 index has suffered a deep reversal in the past few days. After peaking at $22,140 in December, it has fallen by over 5% to the current $21,000. 

The index has moved below the lower side of the ascending channel, which closely resembles the rising wedge pattern. A rising wedge is a popular reversal sign that usually leads to a strong bearish breakout of an asset.

It also formed a pattern resembling a double-top chart pattern, another risky one. Most importantly, oscillators have pointed downwards. The two lines of the MACD indicators have made a bearish crossover, while the Relative Strength Index (RSI) has dropped below 50.

Therefore, after soaring by over 20% for two straight years, there are odds that this will be a down year for the tech-heavy index. If this happens, the first point to watch will be at $20,700, the highest swing on July 11. A break below that level will lead to more losses to the psychological level at $20,000.

On the other hand, more gains for the Nasdaq 100 will be confirmed if it moves above the all-time high of $22,142. 

Risks and opportunities for the Nasdaq 100 index

Read more: Here’s one reason why the SPY, QQQ, DIA ETFs may plunge in 2025

Several opportunities will power the Nasdaq 100 index. First, Donald Trump will be sworn in on January 20th, becoming the 47th president of the United States. His appointment will introduce a new era of big changes that may positively impact the technology sector.

The most important change will be on deregulation, where he plans to slash most of them. One approach will be to be more friendly to mergers and acquisitions, which may trigger more consolidation, boosting the stock market. Trump also plans to cut more taxes, which will be a positive thing. 

However, the risk is that his other pledges will hurt companies and lead to more volatility in the stock market. For example, his plans to cut taxes and impose tariffs may lead to higher inflation, forcing the Fed to delay its interest rate cuts.

The second potential opportunity is on corporate earnings, which are expected to be strong during the year. Most companies have issued positive guidance, which could lead to a more robust earnings season and higher prices.

On the other side, the Nasdaq 100 index may drop as the artificial intelligence theme that has fueled the stock market slow. Firms like Microsoft and Amazon that have been spending heavily on chips, could start to lower their investments since there are signs that AI uptake is slowing. 

The other risk for the Nasdaq 100 index is that firms are quite overvalued. Data shows that the index has a price-to-earnings ratio of 31.56, which is fairly expensive.Most importantly, as we have written before, the bond market is another big risk that could sink the Nasdaq 100 index. A Trump-triggered inflation and a hawkish Federal Reserve will likely push bond yields significantly higher in 2025. Indeed, short and long-term bond yields have continued rising and are at their highest levels in months. As we saw in 2022, high yields often affect the stock market.

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The Dow Jones index has pulled back lately and fallen by over 5% from its December highs as bond yields soared. It ended the year at $42,665, down from last year’s high of $45,000. So, what next for the DIA index in 2025, and will its top laggards become the biggest winners in 2025?

Dow Jones index losers could become gainers

The Dow Jones index had a fairly good performance in 2024. However, there were a few blue-chip companies that ended the year in the red. Historically, it has paid well to invest in top losers as they often turn around in the next year. 

Boeing stock price crashed by 32% in 2024 as the company moved from one big issue to another. This crash made it the worst-performing company in the Dow Jones index other than the demoted Intel and Walgreens Boots Alliance. 

Boeing stock could bounce back in 2025 as the new CEO continues turning around the company. For one, the firm has already raised cash, making another potential capital raising unnecessary.

Most importantly, Boeing planes have not had any major issue in the past few months. The most recent potential crisis was the Jeju Air crash involving a 737-800 plane. However, most experts believe that this was an airline or a pilot-related crash since the plane was 15 years old. 

Therefore, Boeing shares will likely rebound if the company remains out of the spotlight during the year. 

Nike stock could rebound if turnaround shows results

Nike stock price also crashed by over 30%, making it the second-worst-performing company in the Dow Jones index. Its performance diverged from Adidas, the German rival whose stock jumped by over 20%.

Nike’s performance has been impacted by its decision to focus on direct-to-consumer, bypassing traditional retailers like Footlocker. At the same time, its sneaker business has been highly volatile. It also sees robust competition across all its brands and weaker sales in China. 

On the positive side, Nike is a highly popular brand with a new CEO, Elliot Hill, who is tasked with turning it around. Hill wants to refocus the business on sports like football, basketball, and soccer. He also wants to focus closely on inventory management to avoid saturation and boost margins. 

Like all turnaround strategies, his approach will take time. Nonetheless, signs that the company is doing well could push the stock much higher in 2025. 

Read more: Why Nike’s CEO believes turnaround efforts could hurt in the short term

Amgen stock price crashed in 2024, reaching a low of $253, down by over 25% from its highest level during the year. Some of this weakness happened after the company published quarterly results that missed analysts estimates a few months ago. 

These numbers showed that its revenue rose by 23% in the third quarter, with ten products having double-digit growth. The company also published solid results of its weight-loss drug, which could lead to more sales in 2025. 

The other top laggards that could become winners in 2025 are Merck, Johnson & Johnson, UnitedHealth Group, and Chevron. 

Big winners in the Dow Jones may lag in 2025

It is also common for big winners in a year to become top laggards in 2025. In this case, that would mean highly valued companies like NVIDIA, Walmart, American Express, Goldman Sachs, Amazon, and 3M will suffer a harsh reversal.

NVIDIA is a top concern because there are signs that demand for its AI chips may start to drop later this year. While AI language models have become more advanced, there are signs that the industry growth is slowing.

NVIDIA will also likely see more competition from AMD, which has already gained market share in the industry. 

Walmart stock price could also drop in 2025 because of its valuation concerns. The same is true with other Dow Jones index firms like Amazon and American Express.

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The S&P 500 index performed well in 2024, jumping by double digits for the second consecutive year. It surged and reached an all-time high of $6,097 as technology companies surged and the number of $1 trillion companies rose to 10. So, here are the top SPX index forecasts by top Wall Street companies like UBS, Goldman Sachs, and Morgan Stanley.

S&P 500 index forecast by Wall Street

As always happens in bull markets, most Wall Street analysts are upbeat about the stock market in 2025. 

The most upbeat analysts are from Oppenheimer, who have placed their S&P 500 index target at $7,100, implying a 20% upside from the current level. If that happens, it would mean that the blue-chip index has jumped for over 20% for three consecutive years, which has rarely happened. 

Wells Fargo and Deutsche Bank analysts are close by, estimating that the S&P 500 index will rise from $5,881 to $7,000 in 2025. Wells Fargo estimates that it will surge to $7,007 during the year. 

The least optimistic Wall Street bank is also highly bullish on the S&P 500 in 2024. UBS expects the index to rise to $6,400, implying a mere 8.90% increase from the current level. It is followed by JPMorgan, Morgan Stanley, Goldman Sachs, and Citi, who see the index soaring to $6,500. 

Barclays, Bank of America, and HSBC expect the SPX index to rise to around $6,600 during the year. 

These analysts have maintained their bullish outlooks because of its recent performance and the fact that many bears have been proven wrong in the past few years. 

Catalysts for the SPX index

Wall Street analysts identify several catalysts that will push the S&P 500 index much higher in the next 12 months. 

First, corporate earnings have been strong in the past few years, a trend that may continue in 2025. A recent report by FactSet shows that the estimated earnings growth of firms in the S&P 500 index for the fourth quarter is 11.9%, the highest increase since Q4’21. For the calendar year 2025, analysts see the earnings growth being about 15%, with all sectors seeing growth. 

Second, analysts see Donald Trump’s policies being supportive of corporate America. He has pledged to slash taxes and focus on deregulations. Most companies, especially in the financial services industry, have lamented about the state of regulations in the US. A proper deregulatory environment would lead to more earnings and dealmaking.

Third, the Federal Reserve may turn around and deliver more interest rate cuts as inflation falls. The most recent PCE inflation data showed that inflation rose at a slower rate in November. Lower oil prices could lead to good inflation figures at a time when the unemployment rate has risen to 4.2%.

Risks for the S&P 500

As I have warned, the S&P 500 index faces some potential risks. The first one is that companies are highly overvalued, with many big ones having a P/E ratio of over 30. As such, these names may have a valuation reset in 2025.

Second, there is a risk that bond vigilantes will return to the market and push yields much higher. A likely catalyst for that is if Donald Trump attempts to pass unfunded tax cuts. Such a meltdown in the bond market could resemble what happened in the UK during the Lizz Truss era a few years ago. The other risk, as I have written here, is that the S&P 500 index has formed a rising wedge chart pattern, which could lead to a big dive.

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