Independent market expert, Jyotivardhan Jaipuria believes that market may not see an year-end rally this time around but 2016 would prove to be a good year for equities because the economy is slowly bottoming out.
Posts tagged MC
Myanmar opens stock exchange as rehabilitation continues (09-12-2015)
Reportedly a USD 24 million investment, the Yangon Stock Exchange (YSX) was founded by the state-owned Myanmar Economic Bank, Daiwa Securities and Japan Exchange Group, a company that operates the Tokyo Stock Exchange.
Base rate calculation: Why banks are hurting from RBI move (09-12-2015)
The Reserve Bank of India’s September proposal to ask banks to move to the marginal cost method to calculate their base rates has left some banks jittery. Bankers say the move, on which detailed guidelines from the central bank are expected soon, will impact institutions with greater exposure to fixed tenure loans and impact profitability.
IPL buy: CESC chief sees ‘some’ outgo from Phillips Carbon (09-12-2015)
In an interview with CNBC-TV18, Sanjiv Goenka, Chairman of CESC says that the company will not remain the group’s subsidiary for a long time.
Sensex, Nifty remain under pressure; ITC, BHEL, SBI up 1-2% (09-12-2015)
BHEL, ITC, SBI, TCS and HDFC Bank are major gainers in the Sensex while Dr Reddy’s, Bharti, Vedanta, Hindalco and Sun Pharma are major laggards.
Dr Reddy’s slips 4% even after it submits response to USFDA (09-12-2015)
Last month, the country’s second-largest drug maker had received a warning letter from the USFDA relating to two of its API manufacturing plants and a formulation plant in Andhra Pradesh and Telangana.
BHEL shares gain 2% on no divestment plan of govt (09-12-2015)
The government has 63.06 percent shareholding in the company as of September 2015. About five percent stake sale in BHEL could fetch the government around Rs 2,000 crore.
Kaya up 4%, foreign arm to buy 75% stake in Iris Medical (09-12-2015)
Iris Medical Centre LLC carries out business of skincare services and operates one clinic in Abu Dhabi.
Nat’l Herald case to mar GST’s prospects: Bhupendra Chaubey (09-12-2015)
Bhupendra Chaubey the National Affairs Editor at CNN-IBN says recent development in the National Herald case has added fuel to the fire.
Nifty opens below 7700, Sensex weak; Dr Reddy’s plunges (09-12-2015)
BHEL, ITC, HUL, Tata Steel, Sun Pharma, Asian Paints, Tata Motors and Cipla were early gainers while Dr Reddys Labs fell 3.5 percent. GAIL, Vedanta, Bharti Airtel, Hindalco and UltraTech Cement were under pressure.