Dharmesh Kant of India Nivesh Securities recommends buying PTC India Financial Services with a target of Rs 49.
Posts tagged MC
Bull’s Eye: Buy Emami, Sintex, Apollo Hospitals, DLF (29-09-2015)
See cautious RBI guidance; 25 bps repo rate cut: HDFC Bank (29-09-2015)
Abheek Barua, chief economist at HDFC Bank, says the emphasis is shifting towards consumption through OROP and the 7th Pay Commission. At the same time, financial savings may not pick-up if inflation rises and real rates fall
PM Modi concludes US visit, says lot of ground covered (29-09-2015)
Before leaving for India from New York, the Prime Minister tweeted that his US visit “demonstrates the extraordinary depth and diversity of our relationship”, asserting that “a lot of ground has been covered in these few days”.
US consumer spending rises; core inflation firms slightly (29-09-2015)
The Commerce Department said on Monday consumer spending increased 0.4 percent after an upwardly revised 0.4 percent rise in July.
iPhone 6S, 6S Plus to hit Indian shores on Oct 16 (29-09-2015)
The availability of the new devices, that compete with the likes of Samsung’s Galaxy Note5 and Galaxy S6 Edge+, will enable the US-based firm to cash in on the upcoming festive season.
Shree Renuka’s Brazilian cos will file for bankruptcy (28-09-2015)
CNBC-TV18 learns that one of the country’s largest sugar companies, Shree Renuka Sugar’s Brazilian subsidiares may file for bankruptcy today.
Fed may hike this year, hit inflation target by’16: Dudley (28-09-2015)
Dudley said the first hike could come as soon as October as policymakers take stock of an improving economy.
RBI seen cutting interest rate, but may flag risks (28-09-2015)
Reserve Bank Governor Raghuram Rajan is widely expected to cut interest rate tomorrow by a quarter percent to a 4-year low to accelerate a sluggish economic recovery, but may underscore concerns over prices in a year when monsoon rains have been deficient.
Gold suffers fresh setback on heavy unwinding, global cues (28-09-2015)
Standard gold (99.5 purity) slumped by Rs 305 to end at Rs 26,300 per 10 grams from last Saturday’s closing level of Rs 26,605. Pure gold (99.9 purity) also plummeted by a similar margin to finish at Rs 26,450 per 10 grams compared to Rs 26,755.
Record sales of Apple’s iPhone 6, 6s Plus in first weekend (28-09-2015)
Analysts had expected the company to sell 12 million to 13 million phones during the first weekend.