GAIL, ICICI Bank, NTPC, Tata Steel and Wipro are top gainers while Cipla, HUL, Lupin, Sun Pharma and Bharti Airtel are major losers in the Sensex.
Posts tagged MC
Sensex, Nifty in red; Cipla, Bharti, Dr Reddy’s Labs fall (08-09-2015)
GAIL, NTPC, ICICI Bank, Hindalco and Tata Steel are top gainers in the Sensex. Among the losers are HUL, Cipla, Dr Reddy’s Labs and Bharti Airtel.
See rupee at 66-67.50/$; inflows to continue: ICICI Bk (08-09-2015)
“Indeed, one can possible say, with a rate cut in September, you could see a movement slightly down at around 7.50-7.60% (2025 yield) in the near-term,” says Shilpa Kumar of ICICI Bank.
US gives clean chit to Infosys in H1-B visa violation case (08-09-2015)
In an relief to the IT giant Infosys, the US Labour Department has concluded its probe of H1-B Visa practice and has found that the company has not violated the rules.
Relief rally seen; not sure if it can sustain: Julius Baer (08-09-2015)
Mark Matthews of Bank Julius Baer says he is not sure if the relief rally can sustain. Factors like the macro data in China, and for India, the impending Bihar elections will influence sentiment, he says
OROP to cost Rs 16k cr in FY16; to impact fiscal math: HSBC (08-09-2015)
The government has “in principle” accepted OROP – a demand by India’s defence personnel that uniform pension should be paid to armed force retirees with the same rank and same length of service.
Buy stocks; OROP, 7th Pay Comm to help push demand: Karma (08-09-2015)
Nandita Parker of Karma Capital says once the US Federal Reserve meeting is out of the way, a lot of the uncertainty in the market will abate. She also says that India is a big beneficiary of everything that has gone wrong with China and the fall in energy prices.
Supreme Ind, Ajanta Pharma stock valuations outclass peers (08-09-2015)
CNBC-TV18’s research team has come out with its A-list. Two companies that emerged winners–Supreme Industries and Ajanta Pharma– are backed by solid fundamentals like low debt, high cash on books. Here is how they out do their peers.
Nifty holds 7550; Bankex up 1%, Midcap underperforms (08-09-2015)
GAIL, Axis Bank, Tata Steel, NTPC and ICICI Bank are top gainers in the Sensex. Among the losers are Cipla, Lupin, Dr Reddy’s Labs, Vedanta and Bharti Airtel.
Deploy cash when selling stops; do not buy today: Pramerica (08-09-2015)
Global investors are still positive on India because most other markets are running either on stimulus or on zero interest rates unlike India, said BP Singh of Pramerica Mutual Fund.