Holland expects Maruti’s margins to expand going forward and is also bullish on select auto ancillary stocks.
Posts tagged MC
Downtrend may persist till China situation improves: Ambit (07-09-2015)
India ranks low on inclusive growth, dvpt ranking: WEF (07-09-2015)
In a first of its kind global rankings, across different groups of countries in terms of their per capita income levels, the World Economic Forum (WEF) found that most countries are in fact missing major opportunities to reduce income inequality and same is the case with India.
IndusInd Bank up over 2% as RBI allows FIIs to buy shares (07-09-2015)
“The restrictions placed on the purchase of shares of the above bank are withdrawn with immediate effect,” RBI said adding that the shares of IndusInd Bank can now be purchased through the primary market and stock exchanges.
Sensex, Nifty choppy; BSE Midcap slips 1%, Coal India down (07-09-2015)
The rupee weakened to trade at fresh 2-year low after the dollar gained against most asian currencies and following dollar demand from traders and corporates. The currency declined 30 paise to 66.76 a dollar.
India a long-term bear mkt; EMs done with: Shankar Sharma (07-09-2015)
In a conversation with Udayan Mukherjee, Shankar Sharma, Global Trading Strategist at First Global affirms Indian equities are in a long-term bear market with cyclical bull rallies thrown in.
CLSA sees 31% upside in HDFC Bank; stock rises (07-09-2015)
According to CLSA, its credit card business is also at an inflection point and will not only drive fee growth, but will facilitate loan and deposit relationships.
EC likely to announce Bihar Assembly election dates today (07-09-2015)
While the Janata Dal(United)-Rastriya Janata Dal-Congress alliance is fighting the elections with Nitish Kumar as CM candidate The Bhartiya Janata Party and allies are yet to announce a Chief Ministerial candidate, and are banking on Prime Minister Modi to win the election for them.
Global prices to contain food inflation risk: Commodity Pro (07-09-2015)
Chandrashekhar says low monsoon will impact crop yield and crop size negatively, where oil seeds and cotton harvest would be lower. He believes rains over the next 15 days will be crucial in accounting for any inflationary signals.
Nifty struggles below 7650, Sensex rangebound; Bharti falls (07-09-2015)
HDFC, Tata Motors, Cipla, Maruti and ITC are top gainers in the Sensex. Among the losers are GAIL, Coal India, Lupin, Dr Reddy’s Labs and Bharti Airtel.
CVs to see 20% growth; forex impact minimal: SIAM (07-09-2015)
As he takes over from Vikram Kirloskar as SIAM president, Vinod Dasari, also managing director, Ashok Leyland, paints a rather rosy picture for India’s automotive industry.