Sanjay Sinha of Citrus Advisors says maintaining this optimism will become difficult in the absence of earnings pickup
Posts tagged MC
Transport Corp demerger: Co to focus on ecomm, stock up 18% (09-10-2015)
Post the demerger, shareholders will get 1 share of TCI Express for every 2 shares of TCI held.
Has the Fed lost markets’ confidence? (09-10-2015)
There is “increasing evidence of a loss of confidence that the Fed is actually in control”, after its rate-setting committee, led by Chair Janet Yellen, seemed to brush aside concerns about deflation by choosing not to raise interest rates at its September meeting, Edwards argued in a research note.
Rupee firms up by 26 paise vs USD in late morning deals (09-10-2015)
Rupee hovered in the range of 64.9250 to 64.7525 per dollar during the morning deals before quoting 64.80 at 1030 hrs.
Biggest sugar rally in yrs not over as deficit looms: Poll (09-10-2015)
Sugar has been one of the worst-performing commodities in recent years. Falling output in the world’s top growers, Brazil, India, China and Thailand and resurgent ethanol demand will help the sweetener market escape an unprecedented five-year surplus and stock build that have pummeled prices, respondents said.
Positive on private sector banks: Nischal Maheshwari (09-10-2015)
In an interview to CNBC-TV18, Nischal Maheshwari, Co-Head, Institutional Equities Head-Research at Edelweiss Securities shared his readings and outlook on the upcoming earning season.
Sensex, Nifty rally ahead of Q2 results; TCS, Wipro fall (09-10-2015)
Vedanta, Hindalco, Tata Steel, ICICI Bank and Tata Motors are top gainers in the Sensex. Among the losers are Coal India, Sun Pharma, TCS, BHEL and Wipro.
Big pvt sector spend 12-15 months away: HDFC Bank’s Puri (09-10-2015)
Between conception and change in sentiment and that affecting GDP is a 12-15 month period, says Aditya Puri. He says traditional banks do not have to worry about the entry of payment banks as demand exceeds supply for financial services at this point
Sept consumer inflation seen picking up from record low (09-10-2015)
The consumer price index was expected to rise 4.3 percent last month, with forecasts in the survey of over 20 economists ranging between 3.6 percent and 5.0 percent.
RBI boosts low-cost housing: Cuts risk weight, ups loan amt (09-10-2015)
Banks will have surplus funds available for affordable housing loans since they will have to set aside less capital for the segment.