BP Singh of Pramerica Mutual Fund expects the non-dollar exposure companies to come out with weak set of second quarter earnings. Currently, steel and commodity companies are suffering, he said.
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Monsoon, rural eco dragging earnings down:DHFL Pramerica MF (27-10-2015)
Monsoon, rural eco dragging earnings; eye pharma: Pramerica (27-10-2015)
BP Singh of Pramerica Mutual Fund expects the non-dollar exposure companies to come out with weak set of second quarter earnings. Currently, steel and commodity companies are suffering, he said.
Nifty below 8250, Sensex opens lower; Maruti, BHEL, LT up (27-10-2015)
Maruti, Bharti, Coal India, HUL and Wipro are top gainers while Lupin, Vedanta, HDFC, Cipla and ONGC are laggards.
Nifty can fall at opening bell: Maximus Securities (27-10-2015)
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 19 points at the opening bell, says Maximus Securities.
Expect market to open on flat to negative note: Angel (27-10-2015)
According to Angel Broking, markets are expected to open on a flat to negative note tracking the SGX Nifty and most global markets.
India to underperform against Asian peers: CLSA (27-10-2015)
Looking at the MSCI India (USD) against MSCI Asia-Pacific ex-Japan, it is worth noting the market has traced out a short-term double top pattern which sets India up for a period of underperformance against region in coming weeks, says Balanco.
State Bank of Mysore Q2 net jumps 30% at Rs 132 crore (27-10-2015)
The bank had posted a net profit of Rs 101.90 crore for the July-September quarter of 2014-15 fiscal.
Essar Steel Algoma hires debt restructuring advisers: Srcs (27-10-2015)
The move illustrates the impact of the drop in steel prices on companies such as ESA. Credit rating agency Moody’s Investors Service Inc warned earlier this month that it saw no meaningful catalyst for an improvement in ESA’s performance.
See flat opening led by mixed global cues: ICICIdirect (27-10-2015)
Nifty is likely to open flat on the back of mixed global cues. It is likely to trade in the range of 8230-8320, says ICICIdirect.
InterGlobe Aviation raises Rs 832 cr from anchor investors (27-10-2015)
InterGlobe would be hitting the capital markets to raise Rs 3,018 crore through the initial public offering, the biggest in nearly three years.