The domestic slowdown and the powerful reset in government policies are coinciding with a major shift in the global economic ordersays Saurabh Mukherjea of Ambit Capital
Posts tagged MC
22,000 on Sensex still likely; don’t rush to buy: Ambit Cap (08-10-2015)
Rally has more legs; cos’ sales growth may be slack: Elara (08-10-2015)
Harendra Kumar of Elara Capital explains the subdued performance of IT companies ahead of the earnings season. He explains there is profit scare for HCL Tech and the euro depreciation will also be at play.
Man Industries bags Rs 700 crore orders; surges 9% (08-10-2015)
With these new order the outstanding order book as on date stands at approximately Rs 1300 crore to be executed over a period of 6 to 8 months.
Weak trend in earnings may continue in Q2FY16: Deutsche (08-10-2015)
Abhay Laijawala, Deutsche Bank expects September 2015 Sensex revenue growth to come in at the lowest level in the post-2008 era hit again by a muted demand environment and subdued prices, reflecting in the poor revenue growth of oil gas and metal companies in Sensex.
Sensex, Nifty open flat; ITC, SBI, Coal India laggards (08-10-2015)
Vedanta, Cipla, ONGC, MM and Lupin are top gainers while ICICI Bank, SBI, Coal India, HDFC and ITC are in red.
Expect market to open on negative note: Angel Broking (08-10-2015)
According to Angel Broking, markets are expected to open in negative tracking the SGX Nifty and the Asian cues.
DLF, Tata Steel, HCL among today’s top 10 newsmakers (08-10-2015)
Here are the top 10 stocks which are likely to be buzzing in trade today.
Expect 25-30% growth in FY16: Man Industries (08-10-2015)
RC Mansukhani, Chairman of Man Industries believes the company’s EBIDTA will be higher than usual– in the range of 12-14 percent– for the new orders.
Rupee opens lower by 5 paise at 65.03 per dollar (08-10-2015)
The USD-INR pair is expected to continue this trend today and trade in a range of 64.80-65.10/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
See flat opening led by mixed global cues: ICICIdirect (08-10-2015)
Nifty is likely to open flat on the back of mixed global cues. It is likely to trade in the range of 8140-8240, says ICICIdirect.