The RBI has cut rates by 125 bps since January 2015, but banks have cut one year deposit rates by an average 130 bps. Interestingly, lending rates have fallen by a meagre 50 bps, which includes the base rate cuts announced by most banks post September 29 policy.
Posts tagged MC
Banks, not customers gain from RBI rate cuts: Ind Ratings (06-10-2015)
HUL up 2%; Macquarie upgrades, bets on volumes, margins (06-10-2015)
Despite consumer demand continuing to remain slow, especially in the rural markets, HUL management reaffirmed its guidance of maintaining competitive volume growth and modest improvement in margins
Sensex, Nifty gain strength amid consolidation; FMCG lead (06-10-2015)
ITC was the leading contributor to Sensex’s gains, up 3.5 percent. Varun Lohchab, Head of India Research, CIMB Equities feels the worst of volume decline is over for ITC’s cigarettes business
Sensex up 147 pts, Nifty ends above 8150; ITC gains 4% (06-10-2015)
Tata Motors, ITC, Coal India, GAIL and Cipla are top gainers while BHEL, Infosys, NTPC, Maruti and Axis Bank are major laggards.
Tata Motors up 5%, confident to post 0.5 mn sales in FY16 (06-10-2015)
Antique Stock Broking has reiterated buy rating on the stock with a target price of Rs 509 per share (reduced from Rs 583 earlier), implying 61 percent upside.
Tata Motors up 6%, confident to post 0.5 mn sales in FY16 (06-10-2015)
Antique Stock Broking has reiterated buy rating on the stock with a target price of Rs 509 per share (reduced from Rs 583 earlier), implying 61 percent upside.
Buy Rajesh Exports; target of Rs 640: Firstcall (06-10-2015)
Firstcall is bullish on Rajesh Exports and has recommended buy rating on the stock with a target price of Rs 640 in its research report dated October 1, 2015.
Buy Jubilant FoodWorks; target of Rs 1800: Firstcall (06-10-2015)
Firstcall is bullish on Jubilant FoodWorks and has recommended buy rating on the stock with a target price of Rs 1800 in its research report dated October 1, 2015.
Buy Coal India; target of Rs 439: Motilal Oswal (06-10-2015)
Motilal Oswal is bullish on Coal India and has recommended buy rating on the stock with a target price of Rs 439 in its research report dated October 5, 2015.
Metallica- Domestic steel prices likely to stabilize: Emkay (06-10-2015)
Emkay has come out with its report on metals sector. The research firm expects steel prices to remain stable in absence of real demand. Base metals prices, somewhat stabilized after their fall in past months except Zinc, which fell steeply by 7.6% on weakness in steel, says the report.