R-Cap's demands following PwC's audit report add a fresh layer of worries for MCX investors and could hit valuations marginally.
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Wonderla is promoted by Kochouseph Chittilappilly, promoter of V-Guard Industries.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
Except for liquidity, which could act in favour or against the market in the short term, most market participants are bullish.
Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign institutional investors and in anticipation of a change of government at the Centre.
While sale of stake in airport business and adjacent land will help lower debt, improvement in power business is crucial.
No one can fault India Inc for not taking care of shareholders; in fact, it has been extra generous.
Asset sales have helped ease investors' worry but debt remains at alarming levels
Short sellers may capitalise on the weak sentiment owing to the dispute between co-founders Rana Kapoor and Madhu Kapur.
The combined market capitalisation of the two listed companies of the Sahara group whose assets have been ordered frozen by the Securities and Exchnage Board of India is just Rs 230 crore.
Interview with CMD, Motilal Oswal Financial Services
This time its international business is in the limelight.
While slowing earnings growth has seen the ratio fall to 64%, more reforms, lower interest rates could improve the equation.
Analysts believe that investors will remain cautious this week ahead of results of HDFC and Infosys.
Some state-run banks made 10,000-13,000 per cent gains on their holdings in the Multi Commodity Exchange (MCX) after the latter commodity bourse made an impressive listing on Friday.
More pain likely, say analysts, with gloomy demand scenario and slowing economy.
India's weight in the emerging market portfolios of foreign institutional investors (FIIs) has risen by about 100 basis points in June to 7.96 per cent as compared to May.
Importantly, after the interest rate rises by the Reserve Bank of India (RBI) in the recent past, there is a high probability of corporate India getting hit on profits.
Companies together have lost about Rs 20,000 crore (Rs 200 billion) in market value since the arrest of former telecom minister, A Raja, leading to historically low valuations.
Management quality and issue price are key concerns for investors; over 60 per cent of the issues this financial year are trading below issue price.
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