Analysts expect the RBI governor Raghuram Rajan to cut repo rate by 25 basis points, citing lower CPI inflation. However, there may be a slight possibility of no rate cut due to RBI’s accommodative stance, analysts say. According to them, a 25 bps rate cut may have already priced in.
Posts tagged MC
Sensex down 247 pts, Nifty ends below 7800; RBI policy eyed (28-09-2015)
Buy Liberty Shoes; target of Rs 242: Karvy (28-09-2015)
Karvy is bullish on Liberty Shoes and has recommended buy rating on the stock with a target price of Rs 242 in its research report dated September 25, 2015.
Hold Tata Coffee; target of Rs 104: Karvy (28-09-2015)
Karvy has recommended hold rating on Tata Coffee with a target price of Rs 375 in its research report dated September 27, 2015.
Need to raise infra sect investment to 10% of GDP: Assocham (28-09-2015)
“Investment in infrastructure needs to go up from the current level of 6 percent of gross domestic product (GDP) to about 10 percent to ensure Make in India initiative leads the country’s growth,” the study said.
Low credit score? Use asset-backed (secured) credit cards (28-09-2015)
Asset backed credit score can help you to build your credit repayment history, which in turn helps you to improve your credit score over a medium term.
Sebi favours allowing FPIs in commodities derivative mkt (28-09-2015)
Without giving any specific timeframe, Sinha said Sebi’s first priority would be to develop trust in the commodities market, after which it would focus on its development by allowing participation by banks and foreign portfolio investors (FPIs), among others, over a period of time.
Buy Emami; target of Rs 1115: Way2Wealth (28-09-2015)
Way2Wealth has suggested traders to buy Emami in a range of Rs 1115-1105 with a strict stop loss of Rs 990 and higher side expecting stock to test Rs 1360 levels, says the report.
Sell Bayer CropScience; target of Rs 3322: Karvy (28-09-2015)
Karvy is bearish on Bayer Cropscience has recommended sell rating on the stock with a target price of Rs 3322 in its research report dated September 24, 2015.
Sensex ends down 1%, Nifty below 7800 ahead of RBI policy (28-09-2015)
Tata Motors, Vedanta, Sun Pharma, Infosys, Coal India and UltraTech Cement plunged 3-6 percent. However, Dr Reddy’s Labs outperformed, up 5.5 percent. Lupin, HUL, Idea Cellular, Adani Ports and YES Bank gained 1-2 percent.
Sharekhan positive on Granules India (28-09-2015)
Sharekhan has come out with its positive view on Granules India with a potential upside of 20% returns from the current level over the next six months, in its research report dated September 24, 2015.