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Jun 14, 2013
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| India Infoline Weekly Newsletter - June 14, 2013 |
| India Infoline News Service/20:32,Jun 14, 2013 |
| A strong pullback on Friday could not prevent key indices from extending their losing streak for the fourth consecutive week. |
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Jun 07, 2013
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| India Infoline Weekly Newsletter – June 07, 2013 |
| India Infoline News Service/20:36,Jun 07, 2013 |
| In global cues, the US trade deficit widened from an earlier three-year low easing concerns over slowing growth in the US economy. The trade gap widened to a seasonally adjusted $40.3bn, the Commerce Department said. April home prices continued their uptrend with the fastest year-on-year growth in more than seven years. |
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Jun 06, 2013
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| Reliance to invest Rs. 1.5 lakh cr in three years, tight-lipped on 4G plans |
| India Infoline News Service/12:57,Jun 06, 2013 |
| Speaking at the 39th AGM of Reliance Industries (RIL), Chairman Mukesh Ambani says, “Your company is investing the largest capital in India by any enterprise – public or private, Indian or foreign. This is an expression of the faith of Reliance in India and in her potential.” |
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| RIL down 1% ahead of AGM |
| India Infoline News Service/10:15,Jun 06, 2013 |
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According to reports, RIL Chairman, Mukesh Ambani, is set to roll out plans for digital content services delivery through its 4G launch, in its annual general meeting today |
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May 31, 2013
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| India Infoline Weekly Newsletter - May 31, 2013 |
| India Infoline News Service/18:41,May 31, 2013 |
| With inflation falling below the 5% mark in April, rate cut expectations appears to have risen. But the RBI governor was quick to dismiss it citing high CPI inflation and upside risks to it. He went on to add that some growth sacrifice is inevitable to rein in inflation. |
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May 29, 2013
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| Aditya Birla Nuvo Q4 net profit up 19% YoY at Rs. 10.59bn |
| India Infoline News Service/18:01,May 29, 2013 |
| The Company’s balance sheet was strengthened by an equity infusion of Rs. 832 Crore by promoters, the dividend income and cash flow from operations. Standalone Net Debt to EBITDA at 3.3 times and Net Debt to Equity at 0.53 times improved year on year. |
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May 28, 2013
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| Godrej Inds FY13 net profit stands at Rs. 3.9bn |
| India Infoline News Service/17:52,May 28, 2013 |
| The Group posted a net profit of Rs. 3911.80 million for the year ended March 31, 2013 where as the same was at Rs. 2916.10 million for the year ended March 31, 2012. |
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| Godrej Inds declares dividend |
| India Infoline News Service/17:09,May 28, 2013 |
| Godrej Industries Ltd has declared a dividend of Rs. 1.75 per equity share of the company for the Financial Year 2012-13. This stands for the approval of shareholders at the forthcoming annual general meeting of the company on August 10, 2013
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May 24, 2013
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| India Infoline Weekly Newsletter - May 24, 2013 |
| India Infoline News Service/16:30,May 24, 2013 |
| On the domestic front, economic activity has been moderating as factory output continues to lose momentum and services growth decelerates. Domestic consumption, which was a bright spot, is fast fading. But on a positive note, with inflation trending lower, the Reserve Bank may be able to cut policy rates at its June 17 meet.
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May 17, 2013
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| India Infoline Weekly Newsletter - May 17, 2013 |
| India Infoline News Service/18:16,May 17, 2013 |
| Earlier in the week, markets declined sharply following higher-than expected trade deficit numbers. Trade deficit in April widened to $17.8bn. Exports increased 1.68% at $24.2bn while imports expanded 10.96% at $41.9bn. However, sentiments turned around after April WPI inflation fell to a 41-month low of 4.89%, it means that RBI has plenty of room to slash interest rates in its upcoming policy meet.
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May 10, 2013
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| India Infoline Weekly Newsletter - May 10, 2013 |
| India Infoline News Service/18:00,May 10, 2013 |
| The Sensex surged past the 20,000 mark while the Nifty came close to its 2013 peak this week, overcoming last month's trade deficit concerns. On the political front, the Congress staged a comeback in the Karnataka assembly polls. India’s growth in industrial productivity accelerated to 2.5% YoY in March on better performance by the manufacturing and power sectors.
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Apr 26, 2013
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| India Infoline Weekly Newsletter - April 26, 2013 |
| India Infoline News Service/19:00,Apr 26, 2013 |
| The Indian indices have been scaling on expectations of a rate cut at the RBI upcoming annual monetary policy review next week. Globally, major central banks are expected to ease monetary policy further. |
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Apr 18, 2013
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| India Infoline Weekly Newsletter - April 18, 2013 |
| India Infoline News Service/16:43,Apr 18, 2013 |
| The price tumble of gold and more so the pace and quantum of the fall has not only jolted but also made even the most ardent proponents of the "gold bull market" to reconsider their stance on gold prices, at least for the near term. |
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Apr 12, 2013
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| India Infoline Weekly Newsletter - April 12, 2013 |
| India Infoline News Service/17:23,Apr 12, 2013 |
| In the coming week, corporate earnings and management commentary will be keenly analysed for clues on meaningful improvement in business sentiment. In terms of data points, watch out for the latest Indian inflation numbers, Import-Export data and jobless claim report in US besides of course corporate numbers. |
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Apr 05, 2013
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| India Infoline Weekly Newsletter - April 05, 2013 |
| India Infoline News Service/18:46,Apr 05, 2013 |
| Slowdown in China and fall in commodity prices are among the major concerns for the Indian market too. The political uncertainty will continue to impact market movement. With talks of an early election on the cards, market may turn cautious in the near term. |
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Mar 28, 2013
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| India Infoline Weekly Newsletter - March 28, 2013 |
| India Infoline News Service/17:49,Mar 28, 2013 |
| After last week’s DMK drama, the Samajwadi Party (SP) came in the limelight this week after the SP leader Mulayam Singh Yadav was seen very keen on his goal of making it bigger in the next elections. The SP leader signalled at pulling the plug soon on the United Progressive Alliance (UPA) government according to reports. |
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Mar 22, 2013
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| India Infoline Weekly Newsletter - March 22, 2013 |
| India Infoline News Service/18:00,Mar 22, 2013 |
| Nifty lost ~4% on concerns that the withdrawal of UPA’s biggest ally may jeopardize economic reforms going ahead. Furthermore, bleak outlook on future rate cuts by the RBI also dampened the sentiment. The uncertainty continues to prevail and traders are advised to remain cautious. Although a short bounce cannot be ruled out. The near term support for Nifty is placed at 5,618 which is the 200-DMA |
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Mar 15, 2013
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| India Infoline Weekly Newsletter - March 15, 2013 |
| India Infoline News Service/18:43,Mar 15, 2013 |
| While the headline inflation print came higher than expectations at 6.8%, the continued moderation in core inflation kept the market expectation alive that RBI would cut the repo rate by 25bps coming Tuesday. The central bank is likely to take heart from the fact that increase in WPI month-on-month was essentially driven by de-regulation of fuel prices. Further moderation in core inflation during March would enhance possibility of a rate cut on May 3rd also. |
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Mar 08, 2013
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| India Infoline Weekly Newsletter - March 08, 2013 |
| India Infoline News Service/18:33,Mar 08, 2013 |
| The week was the best this calendar year with a rally witnessed across global markets. For the week the BSE Sensex and the NSE Nifty surged by ~4% each to close at 19686 and 5946.
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Mar 01, 2013
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| India Infoline Weekly Newsletter – March 01, 2013 |
| India Infoline News Service/18:17,Mar 01, 2013 |
| The math for achieving 4.8% fiscal deficit in FY14 looks vulnerable to slippage. Further, it was also not a budget which can really revive the sagging economy. Absence of key reform measures such as GST implementation was also dejecting.
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