Kotak’s Sanjeev Prasad is bullish on ICICI Bank and SBI as he feels much of the bad news has already been discounted and that the stocks are available at attractive valuations
Posts tagged MC
Less nervous of banking system now; like ICICI, SBI: Kotak (17-12-2015)
Traders protest against GST Bill, send memorandum to FM (17-12-2015)
Terming the Bill as anti-trader, General Secretary of Vyapar Mandal Ashok Chawla in his address said, the proposed GST Bill will enhance the financial crisis of the traders as they are already facing hardships due to online trading.
Govt nod to OVL’s $1.26 bn stake buy in Vankor field (17-12-2015)
OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), will get 4 million tonnes of oil and oil equivalent gas for the stake in Vankorneft, the developer of the Vankor oil and gas condensate field in Turukhansky district of Krasnoyak Territory in Russia.
GVK Airport explores fund raising options to pare debt (17-12-2015)
The airport arm is believed to have more than Rs 3,000 crore debt. “GVK Airport Developers Ltd, a wholly-owned subsidiary of our company has been exploring various options, over a period, to raise funds through PE investors, an IPO among others etc, to reduce its debt burden,” GVK Power and Infrastructure said in a filing to the BSE.
Bull’s Eye: Buy Marico, KPIT, DLF; sell Strides Arcolab (17-12-2015)
Paras Bothra of Ashika Stock Broking recommends buying Marico with a target of Rs 460 and KPIT Tech with a target of Rs 190.
See positive opening led by strong global cues: ICICIdirect (17-12-2015)
Nifty is likely to open positive on the back of strong global cues. It is likely to trade in the range of 7720-7820, says ICICIdirect.
Stocks in news: SBI, ONGC, RComm, IVRCL, Apollo Hospitals (17-12-2015)
SBI | ONGC | Reliance Communications | Anuh Pharma | IVRCL | Jet Airways | Golden Tobacco and Apollo Hospitals are stocks, which are in the news today.
Going by history; Fed hike won’t be -ve for India: Arora (17-12-2015)
The US Fed between 2004 and 2006 raised interest rates 17 times from — 1 percent to in June 2004 to 5.25 in June 2006.
Asia stocks climb as Fed goes gradual; oil takes a spill (17-12-2015)
The Federal Reserve’s 25-basis-point increase was almost a decade in the making and easily one of the most telegraphed in history. So there was some relief that, after months of waiting and several false starts, the move was finally done and dusted.
Nifty to follow global cues, open in green on US Fed hike (17-12-2015)
Most experts believe the dovish commentary from the US Federal Reserve will prevent any knee-jerk reaction in the Indian equity market.