Manulife AMC’s Rana Gupta on what FIIs think of India story
A benign liquidity backdrop benefits NBFC overall but we just think that the fundamentals are somewhat behind and they will take some more time to catch up.
Salman and Akshay pitted against Modi, Kohli, Dhoni
The April-June quarter is usually considered the best for multiplex operators and several mega-budget and multi-starrer movies are lined up for release this year.
Mkt rally has new pecking order: Look who is leading
However, if one were go by analyst projections, the IT counter is projected to slow down from here on, while banking may continue to deliver good returns and real estate stocks may see a rebound.
Can RIL rise more? Many bullish, but a few bearish
HSBC Securities and Capital Markets came up with a buy rating on the stock on March 18 and raised price target to Rs 1,500 from Rs 1,402 earlier, implying a $10 billion valuation for its retail business.
Tech View: Nifty forms Long Black candle, faces tough task ahead
A Doji formation on the weekly chart reflected fatigue at higher levels, and indicated some slowdown in momentum.
F&O: Nifty negates formation of higher lows, signals pause
As long as it holds below 11,550, Nifty could see weakness and head towards 11,400 and then 11,333 levels, while upside hurdle is seen at 11,500 and then 11,550 levels.
After Market: 147 stocks signal bearishness; realty bucks trend
Unitech, Binani Industries, Dion Global and Ruchi Soya were among 280 stocks that hit lower circuits on BSE.
Maruti needs to change gear as brokerages cut target price
Revising downwards its rating to ‘Short’ from ‘Reduce’, Equirus Securities cut the target price of Maruti Suzuki to Rs 5,881, from Rs 6,065 earlier. It also slashed FY19 and FY20 volumes estimates by 1 per cent and 2 per cent, respectively.
Rush for tax saving? Look at these ELSS funds
With just a few days left of the current financial year, many investors would be searching last minute for investment option under Section 80C to save on their income-tax outgo.
Fitch cuts India GDP growth forecast for FY20 to 6.8%
According to Fitch, the RBI, has adopted a more dovish monetary policy stance and cut interest rates by 0.25 percentage at its February 2019 meeting, a move supported by steadily decelerating headline inflation.
Are bad loans raising their ugly head again?
Of the 11 banks on whom tough restrictions were placed since 2014, five have recently been allowed to exit the regulator’s so-called Prompt Corrective Action sanctions.
GVK group firm to acquire shares in Mumbai airport
GVK Power & Infrastructure Friday said its step-down subsidiary GVK Airport Holdings will acquire 12 crore shares of Mumbai International Airport (MIAL) for Rs 924 crore from ACSA Global.
Market to see few days of correction: Jasani
Markets have run up quite sharply in a very short period of time, mainly driven by strong FPI inflows. Small and midcaps which started to rise initially are now subdued. What we are seeing today is some sort of a profit-taking or going back to reality.
Neither billionaires nor poor can escape NBFC woes
Teetering economic activity is already pressuring the central bank to deliver on expectations for a back-to-back interest rate cut in April.
Impact of RBI’s likely dollar-rupee swap
RBI’s OMO purchases however has its own twin limitations of indirectly funding the government borrowing programme and in having an overbearing influence on the sovereign yield curve.