Today's Top Gainer
Note:Top Gainer - Nifty 50 More
Post actual results of polls on May 16, depending on the outcome, there will be volatility. But soon after, the markets will again focus on macroeconomic fundamentals, which we believe are improving and that is the basis of the rally over the next three-five years.
Taking the same base of 2008, if you plot it, then the foreign index is at 41,000 whereas the domestic index is still at 16,000-17,000. In other words, after 5 years we are still below the previous peak.
The blog is an extract from my article in Business Standard on the earnings season and the outlook for India Inc in FY14...
Valuations are not cheap anymore and the earnings season has been disappointing too.
In the run-up to the elections, the market sentiment will be positive. So investors can increase their allocation to equities while maintaining a balanced portfolio, says Nirmal Jain, Chairman, India Infoline in an interview with Sanket Dhanorkar.
Deepak Nitrite (DNL) has commenced commercial production at its phenol-acetone facility (~Rs140cr capex), which is currently ...
Buy Reco. Price: 239
Himadri Speciality Chemical (HSCL) stands to benefit from increasing demand for carbon black in aluminium and graphite industry. ...
Buy Reco. Price: 132