Siddharth Bhamre expects the market to be negative in initial part of October series irrespective of RBI lowering rates or maintaining status quo.
Posts tagged MC
Nifty ends FO expiry higher, loses 1% in September series (24-09-2015)
Ahoy! No easy sailing in sight for Indian ports: BofAML (24-09-2015)
Brokerage house Bank of America Merrill Lynch (BofAML) says the port traffic growth in India is likely to languish for the days to come.
Govt notifies MAT applicability on foreign companies (24-09-2015)
The government further said it would carry out an appropriate amendment to the Income Tax Act in this regard.
Buy Sharda Cropchem; target of Rs 377: Dolat Capital (24-09-2015)
Dolat Capital is bullish on Sharda Cropchem and has recommended buy rating on the stock with a target price of Rs 377 in its research report dated September 24, 2015.
Dish TV turned profitable in FY15: Edelweiss (24-09-2015)
Edelweiss has come out with its report on Dish TV. According to the research report, higher churn led to higher maintenance capex.
Buy Greaves Cotton; target of Rs 160: Sharekhan (24-09-2015)
Sharekhan is bullish on Greaves Cotton and has recommended buy rating on the stock with a target price of Rs 160 in its research report dated September 22, 2015.
Buy Nestle; target of Rs 6770: Bonanza (24-09-2015)
Bonanza is bullish on Nestle and has recommended buy rating on the stock with a target price of Rs 6770 in its research report dated September 24, 2015.
Sensex, Nifty choppy; ITC, HDFC, TCS, Wipro shares gain (24-09-2015)
ITC, HDFC, Maruti Suzuki, Bajaj Auto and Cipla rose 1-2 percent while LT, Reliance Industries, ICICI Bank, ONGC, Coal India, Bharti Airtel, Tata Steel, Vedanta and Hindalco were down 1-3 percent.
Rating upgrade may cut interest costs by 100 bps: Sequent (24-09-2015)
The current gross debt for the company is above Rs 300 crore but net debt is only Rs 120 crore.The current borrowing cost is around 13.5-14 percent, said Manish Gupta, CEO Sequent Scientific.
VLCC files IPO papers with Sebi (24-09-2015)
The IPO comprises fresh issue of shares worth Rs 400 crore and an offer for sale of up to 37.67 lakh equity shares by the existing shareholders — Indivision India Partners and Leon International.