Analysts say earnings growth and return to double digit sales growth is crucial for valuations to pick-up from here. Slowdown of the global economy (especially China), US rate hike, a stronger dollar and FII selling in emerging markets are key concerns haunting Indian market.
Posts tagged MC
Muhurat trading:5 largecap stocks to buy for Diwali dhamaka (10-11-2015)
Cement- Expect moderate demand recovery post festivals (10-11-2015)
Cement prices softened a bit; expect moderate demand recovery post festivals says Reliance Securities in its research report on Cement Sector dated November 05, 2015.
IndiGo promoter InterGlobe ends 15% higher in weak market (10-11-2015)
The new kid on the block gave good returns to investors on a day when the market crashed in pre-Diwali trade. Both the Sensex and Nifty ended losing 1.4 and 1.7 percent respectively.
Sensex tanks 378pts ahead of Muhurat trading; RIL, ITC drag (10-11-2015)
Apart from the setback that the ruling government faced in Bihar elections, negative global cues are also weighing in on investor sentiments. The increasing odds in favour of a December fed rate lift-off continues to unnerve investors,” Sanjeev Zarbade, Vice President, Private Client Group Research, Kotak Securities said.
US imposes temporary sales ban on Dr Reddy’s generic drug (10-11-2015)
The order was passed by the US district court of Delaware after AstraZeneca, the maker of Nexium, moved a motion objecting to the use of the colour purple in the Dr Reddy’s copycat product, the Indian firm said in a statement.
Still a bull mkt; buy FMCG, pharma, avoid banks: Experts (10-11-2015)
Deepak Shenoy of Capitalmind.in says what can be more auspicious than stocks trading at a low. However, Ajay Srivastava of Dimensions Consulting has a contrarian view, and says it is not a good buying opportunity, though it continues to remain a bull market.
Govt goes on reforms overdrive; okays FDI in 15 sectors (10-11-2015)
The central government announced FDI and liberalisation in 15 sectors, including agriculture, mining plantation, defence, broadcasting, aviation, construction, manufacturing, private banking sector, cash and carry wholesale trading, among others
Dhanteras sales at 11.5k units; max demand for TUV 300: MM (10-11-2015)
“All our strong brands like XUV 500, Scorpio continues to perform much better at the market place and that is what is reflected in retail number on a single day sale of 11,500 numbers,� says Pravin Shah, Pres Chief Exec-Automotive.
Mkt fairly valued; India to react well to Fed rate hike: MS (10-11-2015)
Speaking to CNBC-TV18, RIdham Desai of Morgan Stanley says India will react well to the US Federal Reserve’s rate hike as the macro now has improved significantly vis a vis 2013.
World economy’s ability to fight shocks dented: Moody’s (10-11-2015)
More worryingly, policymakers are lacking the tools to deal with any unexpected negative shock, after years of ultra-low interest rates and high-profile liquidity injections, according to the ratings agency.