Meanwhile, with narrowing of short-term losses and improved marketing as well as refining margins, the oil marketing companies (OMCs) are expected to perform better going forward, Badshah adds
Posts tagged MC
Oil cos and auto sector to pick-up soon: Motilal Oswal AMC (03-12-2015)
Nifty breaks 7900, Sensex slips 100pts; ONGC, Hindalco drag (03-12-2015)
Wipro, Axis Bank, Hero and Infosys are top gainers in the Sensex while ONGC, Hindalco, Bajaj Auto, Tata Steel and Tata Motors are losers.
Nifty can fall at opening bell: Maximus Securities (03-12-2015)
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 33.5 points at the opening bell, says Maximus Securities.
See flat to negative opening: ICICIdirect (03-12-2015)
Nifty is likely to open negative on the back of weak global cues. It is likely to trade in the range of 7900-8000, says ICICIdirect.
See downside risk to crude, but will stay above $40/bbl:ANZ (03-12-2015)
Daniel Hynes of ANZ Research says it is unlikely that OPEC will cut production going ahead
Stocks in news: Wipro, AB Nuvo, Dena Bank, Ajanta Pharma (03-12-2015)
Wipro | Aditya Birla Nuvo | Kalpataru Power | Sun Pharma | Thomas Cook | Dena Bank | Bank of Baroda | Ajanta Pharma and Bhushan Steel are stocks, which are in the news today.
Bank Nifty at risk of breakdown (03-12-2015)
The possibility of Fed rate hike in December is going up in fact now going up to as high as 80 percent. So you do get a feeling that inability to cross 8,000 might hurt the market and the Nifty is not getting any leadership.
Why Thursday may help decide the course for mkts into 2016 (03-12-2015)
Events Thursday could be important for markets for months to come. The two central banks that arguably have the most impact on the course of the greenback will make it clear they are on extreme opposite policy tracks – the US Federal Reserve and the European Central Bank (ECB).
Bull’s Eye: Buy Ceat, JK Paper, EIH, KPIT; sell BEML, BoI (03-12-2015)
Krish Subramanyam of Altamount Capital advises buying Triveni Engineering with a target of Rs 41.
Nifty likely to open in red on weak global signals (03-12-2015)
US market ended lower, with selling accelerating in late afternoon trade after oil prices broke below USD 40 a barrel. Asia too started the day on a weak note.