However, some fund managers prepared to take a medium-to-long term view said economic fundamentals looked robust in Europe.
Posts in category Economic Times
European shares up as September US rate rise seen less likely (27-08-2015)
However, some fund managers prepared to take a medium-to-long term view said economic fundamentals looked robust in Europe.
Ashok Leyland a good bet, to benefit from volume growth in M&HCV segment: Mayuresh Joshi (27-08-2015)
'We did like Ashok Leyland at lower levels, we kept on recommending that and still we find that there is some juice left.'
Bharti Airtel shares up 2 per cent on Augere acquisition (27-08-2015)
Augere Wireless holds 20 MHz of spectrum in 2300 MHz band used for 4G services in the telecom circle of Madhya Pradesh and Chhattisgarh.
Hathway Cable settles with gains of 8 per cent on bourses (27-08-2015)
Similar movement was seen on the National Stock Exchange as well, where the stocks opened at Rs 44.50, then jumped 18.45 per cent.
Investors better off allocating 10-15% of capital at current levels: Mayuresh Joshi, Angel Broking (27-08-2015)
'But, clearly, a small allocation of 10-15 per cent at the current juncture in specific sector and stocks is the way going forward, in our opinion.'
Still prefer Blue Star on the back of strong earnings: Mayuresh Joshi, Angel Broking (27-08-2015)
'However, if you combine the industry outlook, our stake is still that Blue Star is something that we continue to prefer.'
Britain’s FTSE rallies, Fed low rate stance calms China concerns (27-08-2015)
Britain's FTSE 100 was up 117.04 points, or 2 per cent, at 6,096.24 by 0734 GMT, shadowing gains made on Wall Street.
Sensex closes 516 points up; Nifty a tad below 7,950; HDFC top gainer (27-08-2015)
Making up for last session's losses, the S&P BSE Sensex surged 516.53 points, or 2.01 per cent, to settle the day at 26,231.19
Godrej Consumer Product Ltd gets shareholders nod to raise up to Rs 300 crore via NCDs (27-08-2015)
In a BSE filing, GCPL said 100 per cent shareholders polled in favour of the proposal of raising an amount up to Rs 300 crore.
Fed rate hike, earnings, Bihar polls to drive Indian markets: BofA (27-08-2015)
Moreover, even if the Fed delays, the RBI is unlikely to wait until December as deflationary pressures are picking pace, the report added.