The faster-than-anticipated downgrade from investment grade will likely rock Brazilian financial markets on Thursday and will increase borrowing costs for the government and Brazilian companies.
Posts tagged MC
Brazil downgraded to ‘junk’ rating by SP, deepening woes (10-09-2015)
Further market volatility risk to retail MF flows: Deutsche (10-09-2015)
Equity mutual funds have witnessed net inflows for sixteen consecutive months till August, aggregating to USD 19 billion, the longest and highest streak of inflows on record
Book out if you see 15% gains, bet on PSU banks: Baliga (10-09-2015)
Market expert Ambareesh Baliga advises investors to realign portfolio utilizing the dips, but be prepared to see a volatile market for the next 2-3 months.
Nifty below 7700, Sensex tanks over 400 pts; SBI falls 3% (10-09-2015)
Hindalco, Vedanta, ONGC, BHEL and SBI are major losers while there is no green stock in the Sensex.
Rupee opens at 66.72 per dollar; slips 31 paise (10-09-2015)
With Reserve Bank of India (RBI) presence on both sides of the market, the USD-INR is expected to trade today in a range of 66.30-66.70/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
FII outflows stand at $3 bn, buy on dips: Credit Suisse (10-09-2015)
“We continue to remain overweight on four cheapest markets on our price-to-book-value against return on equity valuation model which are MSCI China, Korea, Taiwan and Singapore,” says Siva.
6 stocks likely to see lot of action today (10-09-2015)
Hemen Kapadia of KRChoksey Securities is of the view that one may buy Kotak Mahindra Bank with a target of Rs 640.
See gap down opening led by weak global cues: ICICIdirect (10-09-2015)
Nifty is likely to open gap down on the back of weak global cues. It is likely to trade in the range of 7700-7820, says ICICIdirect.
Nifty can fall at opening bell: Maximus Securities (10-09-2015)
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 88 points at the opening bell, says Maximus Securities.
Expect market to open on negative note: Angel Broking (10-09-2015)
According to Angel Broking, markets are expected to open on a negative note tracking the SGX Nifty and global markets.