Despite weak rural demand, Nomura expects two wheeler volume sales to increase by around 9 percent year-on-year, driven by higher growth in the scooter segment
Posts tagged MC
Here’s what Nomura expects from Nov car, bike, truck sales (30-11-2015)
Bull’s Eye: Buy PFC, JSPL; sell Ceat, Bata, BEL (30-11-2015)
Manish Sharma of Derivative Trading Research recommends selling Ceat with a target of Rs 970 and Amara Raja with a target of Rs 840.
FY16 Q2 GDP, GVA expected at 7.5%; agri may see slowdown (30-11-2015)
In terms of sectors, agriculture is expected to see a slowdown on a QoQ basis possibly because of the lesser or deficit monsoon. It is hence expected to come in at around 1.1% and the range is anywhere between 0.5% and 2% this time.
Nifty may face resistance at 8,000 (30-11-2015)
Today is the last trading day of the month and the second day of the new series. What has been interesting is that if you see this month, the Sensex is down 2 percent, the midcap index is flat and the smallcap index is up 2 percent.
IMF expected to include yuan in SDR currency basket (30-11-2015)
The prospects of inclusion, which will represent public acknowledgement of China’s heft in the global economy, look pretty high given that the US, a major investor in the fund, has backed the move, as has the IMF’s Managing Director Christine Lagarde.
Japan factory output rises, sign of pickup from recession (30-11-2015)
Trade ministry data showed factory output rose 1.4 percent month-on-month in October, compared with economists’ median estimate for a 1.9 percent gain in a Reuters poll and 1.1 percent increase in the previous month.
Chinese stocks open higher after Friday’s sharp slide (30-11-2015)
US stocks closed mixed on Friday due to a 3 percent decline in oil prices. Oil tumbled USD 1.33, or 3.09 percent, to USD 41.71 a barrel as the dollar index, which hit a fresh eight-month high, added additional pressure to an oversupplied market.
Opening bell: Nifty may open in red on mixed global cues (30-11-2015)
Global markets, meanwhile, are mixed with the Chinese equities opened higher, following their worst weekly performance last week since August.
Stocks in news: HDFC, Siemens, Monnet Ispat, Amtek Auto (30-11-2015)
HDFC | Cipla | Siemens | Monnet Ispat | SKS Microfinance | R Systems | IVRCL and Texmo Pipes are stocks, which are in news today.
Emerging market funds seek escape from traditional indexes (29-11-2015)
The dilemma for such investors is illustrated by MSCI’s widely used emerging equity benchmark.