The near-term outlook for equities remains subdued as a combination of weak expected earnings and global macros may weigh on sentiment but the current price action suggests the recent pullback may have further legs, according to two analysts CNBC-TV18 spoke to.
Posts tagged MC
Earnings season a headwind but technicals in favour: Pros (10-10-2015)
RBI move on LTV ratio to cut down home loan rates: Crisil (10-10-2015)
Expect the interest rate on home loans to come down by another 25-30 bps over the next few months, triggered by RBI’s move to lower risk weights on select home loans (up to Rs 75 lakh) where borrowers are willing to put in more money and thus lower the loan-to-value (LTV) ratio
New survey predicts landslide victory for NDA in Bihar (10-10-2015)
A new pre-poll survey has predicted landslide victory for the BJP-led NDA in Bihar with the alliance projected to win 162 seats and the JD(U)-RJD-Congress combine set to win only 51 seats.
Relax realty norms for faster project execution:Hiranandani (10-10-2015)
His remarks have come in the backdrop of suicide by Suraj Parmar, a prominent name in Thane realty market, on Wednesday.
India auto industry body calls for unified emissions rules (10-10-2015)
A lack of clean fuel in every Indian state has forced the auto industry to follow two different emission rules in the country, tougher norms in big cities like Mumbai and Delhi, and more lenient rules in the smaller cities.
Chinese slowdown would hit Asia-Pacific region hard: IMF (10-10-2015)
The IMF today warned that a sharp economic slowdown in China would hit not only the world’s second largest economy but the rest of Asia-Pacific region hard.
VW shares jump, sparking questions over ‘mystery’ buyer (10-10-2015)
Revelations that the German auto giant had fitted 11 million cars with devices aimed at cheating pollution tests have sent the stock plunging to half its value in two weeks, effectively wiping out over 25 billion euros of market capitalisation.
Skill Development Corpn to be rejigged; CEO, COO resign (10-10-2015)
Sources said that the government, which has taken the skill development initiative on top priority, was not happy with the functioning of the Corporation as it was not in pace with the demand and was lagging in strengthening private partnership that was not shaping up.
Wall Street readies for earnings, volatility (10-10-2015)
Many analysts say the earnings reports are critical for fourth-quarter gains in stocks and finding clarity on the severity of an economic slowdown, especially amid mixed messages from the Federal Reserve.
Fed still plans rate hike this year, but not committed (10-10-2015)
Chicago Fed Chief Charles Evans, who has long said he views waiting until mid-2016 a more “appropriate” approach, for his part downplayed the importance of
the timing of liftoff so long as the Fed takes rates up very slowly.