Foreign investors are selling shares indiscriminately but as soon as the global growth panic subsides, interest into India will come, says Kotak Mahindra AMC’s Nilesh Shah.
Posts tagged MC
Want to profit from stocks? Befriend volatility: Kotak MF (02-09-2015)
Nifty breaches 7700, Sensex down over 250pts; BHEL falls 6% (02-09-2015)
Shares of HDFC, SBI, Axis Bank, MM and BHEL topped the selling list on Sensex, down 3-4 percent while TCS, Infosys, ITC, Reliance Industries, Lupin and Tata Steel bucked the trend, up 1.4-2.7 percent.
13-month closing low; Nifty at 7717, Sensex tanks 243 pts (02-09-2015)
TCS, Tata Steel, ITC, Reliance and Infosys were top gainers while BHEL, SBI, MM, ONGC and NTPC were top losers in the Sensex.
Medium, heavy vehicles to grow 15-20% in FY16:Ashok Leyland (02-09-2015)
Speaking to CNBC-TV18, Vinod Dasari, MD of Ashok Leyland said the automobile company is growing faster than the industry in light commercial vehicle and MHCV.
Valuations attractive now; like banking, infra: SBICap (02-09-2015)
Sabarad of SBICap Securities is bullish on the infrastructure and banking themes, and wary of auto-ancillary firms with sizeable exposure to European markets.
Will mull bidding for fields on case-by-case basis: ONGC (02-09-2015)
The development comes on the back of the fact that a lot of oil fields were lying idle as state-owned firms found it difficult to drill oil due to the government’s subsidy sharing mechanism.
Majesco up 10.5%, stock shifts to rolling segment from T2T (02-09-2015)
Majesco, the insurance subsidiary of Mastek, offers an integrated portfolio of software and services to the insurance industry. With the help of Agile Technologies and Cover-All Technologies (acquired in the US and both integrated in FY16), the company is in entire cycle of insurance industry – property, casualty, life insurance and servicing.
Buy Hester Biosciences; target of Rs 865: Karvy (02-09-2015)
Karvy Stock Broking is bullish on Hester Biosciences and has recommended buy rating on the stock with a target price of Rs 865, in its research report dated August 28, 2015.
Buy NTPC; target of Rs 180: Religare (02-09-2015)
Religare is bullish on NTPC and has recommended buy rating on the stock with a target price of Rs 180, in its research report dated August 28, 2015.
Buy SKS Microfinance; target of Rs 743: AnandRathi (02-09-2015)
AnandRathi Securities is bullish on SKS Microfinance and has recommended buy rating on the stock with a target price of Rs 743 in its research report dated August 27, 2015.