Corrections like the one the market is currently undergoing are great opportunities for investors to buy stocks to make over a three-four year period, says Lalit Nambiar, fund manager with UTI Asset Management Company.
Posts tagged MC
Current fall good time to spot wealth-making ideas: UTI MF (23-09-2015)
Volkswagen says 11 mn cars hit by scandal, probes multiply (23-09-2015)
The world’s largest automaker said it would set aside 6.5 billion euros (USD 7.3 billion) in its third-quarter accounts to help cover the costs of the biggest scandal in its 78-year-history, blowing a hole in analysts’ profit forecasts.
Dishman Pharma to make TB drug exclusively for JJ (23-09-2015)
“Dishman holds a license agreement from Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical companies of JJ to produce active pharmaceutical ingredient (API) of Sirturo (bedaquiline),” the pharma company said in its filing to exchanges.
Dishman Pharma up 9% on license to make TB drug from JJ (23-09-2015)
“Dishman holds a license agreement from Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical companies of JJ to produce active pharmaceutical ingredient (API) of Sirturo (bedaquiline),” the pharma company said in its filing to exchanges.
Great time to invest; overweight banks, autos: Axis Cap (23-09-2015)
According to Nandan Chakraborty, MD-Institutional Equity Research, Axis Capital Fed rate hike is symptomatic of the world doing well but it is unlikely that the Fed will hike rates because the US economy is still weak.
Nifty eyes 7800 amid pressure; ITC Vedanta up, autos weak (23-09-2015)
Tata Motors, Bajaj Auto, Wipro, GAIL and Tata Steel are major losers while NTPC, MM, Hindalco, ITC and Vedanta are top gainers in the Sensex.
Gold under pressure as dollar gains on US rate hike hopes (23-09-2015)
The metal’s slide follows a rally last week that took it to a near three-week high after the Fed’s move to stand pat on interest rates. However, the US central bank has also said it would move to increase rates later this year for the first time in nearly a decade.
JSL Stainless to demerge into 2 listed and 2 unlisted cos (23-09-2015)
Rajiv Rajvanshi Senior VP-Strategy Legal, JSL Stainless told CNBC-TV18 that he company will be demerged into two listed and two unlisted entities and shareholders will get one share in Jindal Steel Hisar for every share held in JSL Stainless.
Interest rate cut unlikely to impact profits: SKS Micro (23-09-2015)
SKS Microfinance Limited today announced a 1.25 percent cut in interest rates charged to its borrowers from 22% to 20.75% effective from October 01, 2015.
Global economy in flux for 1 year; US crucial: Deutsche (23-09-2015)
With China undertaking a once-in-a-generation shift from investment-led growth to consumption-led growth and with Europe too ambling about with little growth, the world economy is expected to be in ‘limbo land’ for at least a year, says noted economist Sanjeev Sanyal of Deutsche Bank.