Investors should look at the current market fall as an opportunity to buy as India will be building a lot of infrastructure and capacities over the next two years, says market expert Ambaressh Baliga
Posts tagged MC
See rupee heading to 67.50/$ mark in near term: HDFC Bk (08-12-2015)
Ashutosh Raina, head of forex trading from HDFC Bank, says rupee may move towards 67.50 per dollar on the back of expected US Federal Reserve interest rate hike
EPFO may raise interest rate on PF from 8.75% for FY16 (08-12-2015)
The income projections for the current fiscal suggest that the body can pay rate of interest which is slightly higher than 8.75 provided in 2013-14 and 2014-15.
Brent falls below $40 toward seven-year low (08-12-2015)
The failure to agree production levels means OPEC core members are readying for new battles for share in the market already heavily oversupplied and consuming almost 2 million barrels per day less than it is producing.
Govt’s public debt ticks up 2.1% in Sept quarter (08-12-2015)
Internal debt constituted 92.1 percent of public debt compared with 92.3 percent in the previous quarter.
E-commerce mkt in India may touch $100 bn by 2020: Study (08-12-2015)
By 2017, India will have 350 million smartphones and it will create demand, the report said.
Avg MA deal size down; macro cues positive: Grant Thornton (08-12-2015)
Domestic MA seems to be very weak. Prashant Mehra of Grant Thornton India thinks it is because of two factors – lack of liquidity in the market, whatever money is available is probably going towards organic growth and no money is being spent on inorganic growth
US dollar strength spoils the gravy for Indian masala bonds (08-12-2015)
Launched in September this year, masala or rupee-denominated bonds are instruments that can be used by Indian corporates to raise money from abroad.
Will not do any out-licensing in near-term: Wockhardt (08-12-2015)
Habil Khorakiwala, Founder, Chairman and Group CEO, Wockhardt says US FDA granting a QIDP status to WCK 5222 drug makes it the only company globally to receive this status for its fourth drug.
Near-term Nifty target 7540-7600; negative Bank Nifty: Pros (08-12-2015)
Neeraj Deewan, director of Quantum Securities, says the market will most probably test September lows and traders and investors alike should be prepared for it as nothing is really happening for the market — still some time to go for the US Federal Reserve action and back home too nothing concrete is happening on the GST front