Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
A meaningful correction in global oil prices and/or progress on key reforms would be important re-rating triggers for the Indian stock market, says Bharat Iyer, executive director and the head of India equity research at JPMorgan.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Analysts are bullish on consumption and investment themes.
how operators and promoters relieve themselves on the heads of gullible and greedy retail investors.
In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC -- gaining as much as 2.87 per cent.
Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.
Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.
Switzerland-based bank Credit Suisse said on Tuesday it expects the Bombay Stock Exchange's 30-stock barometer Sensex to touch the 22,000 mark in 12 months.
The much-advertised hunger for success among the denizens of India's tier-II and tier-III cities has been the big story of the past decade. How relevant is it to memorize Ampere's Law, Charles's Law and the dates of the battles of Panipat in this brave new world?
Many have downgraded EPS estimates for the Sensex in FY12.
Net sales growth for the quarter ended December (Q3FY20) was 4.5 per cent on a year-on-year (YoY) basis for companies that have declared their results so far, compared to an 8.4 per cent rise in the first half of the financial year. This indicates that there could be a further rise in days' sales of inventory.
The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.
This would help investors to get a fair understanding of the companies, Sebi chairman, C B Bhave said while launching independent equity research by Crisil in Mumbai on Tuesday.
Prabhudas Lilladher, a leading equity research and brokerage firm for foreign institutional investors, said in its 'India Equity Strategy' report that Indian equities were on a long-term bull phase.
The intensifying debt woes in Europe with its epicentre in Greece, is likely to have a considerable impact on the domestic stock market in the immediate short-term, as foreign investors are likely to exercise caution before parking fresh funds, say analysts.
Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
Senior equity research analyst Ramesh Bhojwani's biggest disappointments include no word on foreign direct investment, an absolute silence on reforms which is the need of the hour in several sectors like banking, realty, infrastructure and power. "Even the issue of divestment in PSUs has been given a passing reference," he adds.
In its biggest post-Budget day rally ever, the Sensex had soared 777 points on March 1, also its best single-day show in nearly seven years.
Despite the domestic factors like elections triggering the rally in the market, it is likely to be dominated by global dynamics, the report stated. Further, the country is at a significantly superior growth and risk category relative to its past cycles or competing global investment destinations, it added.
IT major Wipro Technologies and Gurgaon-based knowledge process outsourcing firm Copal Partners have expressed interest in bidding for the Indian back office business of Lehman Brothers Holdings, the US-based investment banking firm that filed for bankruptcy protection on Monday.
Noting that Indian firms face a high risk of mark-to-market losses due to a volatile forex market, a brokerage firm has named telecom major Reliance Communications and auto giant Tata Motors among five blue-chip companies estimated to have suffered the most during 2008-09.
There was an uptick in clients' spends in the digital segment.
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.
Over the past week, the BSE Sensex ended on a muted note, showing a marginal gain of 2.25 points at 28,114.56.
Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.
Amazon Prime leads the race to buy digital rights for Bollywood blockbusters with Hotstar and Netflix trailing far behind.
A robust growth in revenue notwithstanding, analysts are sceptical about the first report card of India Inc in the current fiscal and expect the continuing cost pressures to lead to a fall in their first quarter profitability.
Reliance Industries Ltd, India's most valued firm, may become the first in the country to achieve a market capitalisation of $100 billion, international brokerage and equity research major Morgan Stanley said on Tuesday.
An S&P stock screen identifies the 10 best-performing stocks during a month that saw unprecedented market turmoil
Private equity deals in Jan-Mar 2008 touched $3.3 bn, higher than the year-ago period, which registered 101 deals fetching $2.7 bn, according to the data released by Venture Intelligence, a private equity research company. $3.3 bn mopped up through 97 private equity deals in the Mar 2008 quarter were lower than 131 deals totalling $5 bn in the preceding Dec 2007 quarter. Volatility in the secondary market injected a dose of caution on the Private Investments in Public front.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
Global credit rating agency Standard & Poor's has indicated that Indian stock markets are overvalued currently, recommending underweighing of the markets next year.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
The report also compares the entertainment and media market of India with China. It clearly states that the industry in India has grown because of a benign regulatory environment.
India, best-performing among emerging markets in the first four months of 2017, has since ceded this position to South Korea.
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