Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
Analysts refuse to read too much into the early birds numbers.
'We are at a time and position that we do not need higher number of visas.'
Banking and telecom will see the highest impact of this transition.
Most positives seem to be factored into current valuations.
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
Currently, 40 per cent of the front and back panel of cigarette packs is covered with warnings.
The gains will be gradual as the measure will be executed over 12 months or so.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
Existing bank deposits will continue with past rates until renewed on maturity.
'Markets should be driven more or less by earnings growth.'
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
Bankers gave money to Mallya's airline though it was not enough to even service existing debt?
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Additional levy to eat into Rs 6,000-crore income of top promoters
Experts expect the trend to continue in the near term.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.