Indian equities may be off to a positive start but will likely tread water for the early part of the day as markets kick off an extremely crucial week — one in which the Federal Reserve is likely to consider for the first time in nine years whether to increase interest rates.
Posts tagged MC
Nifty eyes 7800 in start to crucial Fed week (14-09-2015)
Bull’s Eye: Buy UPL, Eros, Dish TV, sell Ceat, Sun TV, BEL (14-09-2015)
Manish Sharma of Destimoney Securities advises selling Bharat Electronics with a target of Rs 3150.
Asian stocks mixed amid Fed uncertainty (14-09-2015)
Asian stocks kicked off Monday mixed, as traders digest a slew of Chinese data released over the weekend and tread cautiously ahead of the Federal Reserve’s policy meeting this week.
JK Group to buy Kesoram’s Haridwar tyre unit for Rs 2,200cr (14-09-2015)
For JK Tyre, the acquisition will provide further impetus towards ready expansion in the truck and bus radials segment as well as its entry into the fast growing two- and three- wheeler tyre market.
Atlas Group probe: Govt transfers BoB executive director (13-09-2015)
Government has shunted out Bank of Baroda executive director KV Rama Moorthy, as an investigation by Reserve Bank continues into granting 70 million dirham loan to the troubled Atlas Jewellery Group, when he was heading its Dubai branch.
Vedanta used Cairn loan to repay inter-company loan (13-09-2015)
Cairn India’s USD 1.25 billion loan to its promoter group, which had spooked investors, was used by Vedanta Ltd to repay another inter-company loan taken for acquisition of the oil company.
Sinha pitches for lower rates. Exports now more competitive (13-09-2015)
Making a case for lowering of interest rates, Minister of State for Finance, Jayant Sinha has said RBI should take into account various factors, including low inflation, while deciding on monetary policy stance.
Govt may extend interest subsidy for exporters by 3 years (13-09-2015)
Government is expected to extend the interest subsidy scheme for exporters for 3 years to help boost overseas shipments that have been in the negative zone since last December.
Govt mulls selling LED bulbs at Rs 44 under DELP scheme (13-09-2015)
Government is looking to provide LED bulbs at Rs 44, which is much lower than current retail price of around Rs 300, under its DELP scheme to discourage use of inefficient incandescent bulbs.
FPIs dump shares worth Rs 7,000 crore from capital markets (13-09-2015)
Foreign investors have pulled out nearly Rs 7,000 crore from the capital markets in about two weeks mainly on account of a combination of global and domestic issues.