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Francis01-06-2015 10:18:28
Global cues are on the weaker side. US stocks closed in the red on Friday after the US economy showed contraction in the first quarter.
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Divya P29-05-2015 09:52:23
For India's leading companies, the quarter ended March has been a washout. The combined net profit of the 43 companies in the benchmark National Stock Exchange Nifty index that have declared their results so far has halved during the quarter compared to the corresponding period a year earlier.
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Delna29-01-2015 15:56:46
“Nifty started the January series trading in the range of 8100-8400. In second half it witnessed a breakout to test 8950-9000 on the higher side. Expiry day started on a negative note on account of global cues. As Nifty approached expiry, buying was seen in frontline stocks pushing the index towards 8950 to end the series with gains of 9.8 percent. Private banking, capital goods, Pharma stocks witnessed significant gains. Oil and Gas participated in the second half of the series. Metal stocks remained under pressure for the entire series. Nifty continues to remain in uptrend with support seen at 8775 levels. On the higher side 9300-9350 can be tested. Options open interest build up is seen at 9000 calls and 8800 put options indicating a narrow range for the initial few trading sessions. Breach of 8775 is expected to invite significant selling pressure. Expect Oil and Gas and Banking stocks to perform. Midcaps can catch up as there has been selective participation. Metal stoc
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Rebecca27-01-2015 08:53:58
Obama beneficiaries will be Larsen & Toubro which is pre-qualified to do civil work for reactors ABB India, Siemens for power components NTPC formed joint venture with Nuclear Power Corporation of India Alstom India, Bharat Heavy Electricals - for turbine generators KSB Pumps, Walchandnagar Industries for auxiliary equipment - Reuters.
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Ronnie25-01-2015 12:58:05
Obama is in India. Any chance of firm announcement on nuclear deal. If he does do it which sectors will it benefit in India or rather which stocks will run up on Tuesday.
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Rasika Joshi23-01-2015 12:30:52
Euro down nearly 10 per cent against the INR and 8 per cent against the US dollar. Companies with overseas subsidiaries such as Tata Steel, Hindalco, Tata Motors, Apollo Tyres, Bharat Forge, Wabco India, Motherson Sumi, Havells and others are likely to be negatively impacted on account of translation losses, say at JM Financial.
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Jayant K23-01-2015 12:21:33
PSUs mein action hona chaiye. Govt to divest stakes in close to 10 PSUs via OFS route; govt to raise Rs 21,000Cr through divestment, says Bloomberg.
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Richa Srivastava23-01-2015 09:59:16
Akash prakash again. Super views. Finally, in many sectors analysts are scared to assume growth going back to trend. In cars, for example, the long-term trend is for a 15 per cent compound annual growth rate in volumes. The last three years have seen zero growth. To get back to trend, you will need to see a couple of very strong years of at least 25 per cent growth. No analyst is willing to go out on a limb and put that in his or her forecast. With great difficulty, they may plug in 15 per cent. When the big year comes, earnings will be sharply higher than forecasts. So while history shows that analysts are normally too bullish on their market earnings forecast, the opposite will hold true for India. Expect earnings forecasts to soon enter an upgrade cycle. This will hopefully underpin our markets.
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Richa Srivastava23-01-2015 09:57:12
Akash Prakash view - While this all sounds perfectly reasonable, the reality is that globally, analysts have a horrendous track record in predicting profits. Data from the United States (although equally true in other markets) give no confidence at all. Bottom-up consensus estimates for market earnings have been in existence only since 1976. The January sell-side earnings expectations have been too high for the coming calendar year in 33 of the 39 years for which these estimates exist (according to Morgan Stanley). On average, analyst expectations in January were for earnings to grow at 14 per cent for that calendar year; by December the actual earnings growth for the year came in closer to six per cent. Analysts seem to be serially too optimistic on earnings across the world. Why should India and our analysts be any different?
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Blockmaster23-01-2015 09:50:48
Tarra Fund buys 1.75 lakh shares of Shemaroo Entertainment at Rs 264.76/share Arum Investments Private Limited sells 56.60 lakh shares essar ports at Rs 113/share ECap equities limited buys Essar Ports 56.60 lakh shares at Rs 113/share
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Deokhar23-01-2015 09:39:57
Results Today: UltraTech Cement, Omax Auto, Coromandel International, Liberty Shoes, Kolte Patil, Edelweiss, Colgate Palmolive, Bharat Electronics, Alstom India
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Quotablegyaan23-01-2015 09:36:28
" Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market. " ~Ron Chernow
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Hari Iyengar23-01-2015 08:50:10
Tragedy really as BSE Sensex rose from the mid-26,000 levels in October last to over 29,000 this week, a gain of nearly 10 per cent in over three months. Retail investors, however, have been using the opportunity to cash out of their stock holdings, being net sellers of equity through this period, according to data published by the exchange, says Hindu.
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Re-searcher23-01-2015 08:48:38
Barclays says QE should boost growth, inflation expectations. HSBC says ECB QE exceeding expectations to exert downward pressure on Europe.
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Re-searcher23-01-2015 08:47:28
GoldmanSachs says QE a near-term positive for European Financial Services.
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Blockmaster14-01-2015 09:44:10
Dr. Datson’s Labs: Heshika Growth Fund sells 665,019 shrs: NSE Lloyd Electric and Engineering: Zenith Impex Pvt. sold 2.13m shrs; Orange Mauritius Investments bought 2m shrs: BSE Marico: Oppenheimer Developing Mkts sells 10.8m shrs: NSE Sterling Holiday Resorts: India Discovery Fund sold 1.5m shrs: BSE
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Globalgyaan14-01-2015 09:40:27
Some multiples are also better than others for comparing performance. Ubiquitous as the P/E ratio is, it is distorted in its traditional form by differences in capital structure and other non-operating items. For example, as Exhibit 1 illustrates, when one company is financed partially with debt and the other is financed only with equity, the one with higher debt will have a lower P/E ratio, all else being equal, even though they have the same ratio of enterprise value to earnings. As a result, most sophisticated investors and bankers compare companies relative to peers using an enterprise-value multiple1 —usually either EV/EBITA or EV/EBITDA.2 Such multiples are preferable because they are not burdened with the distortions that affect earnings ratios.
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Globalgyaan14-01-2015 09:38:46
The trouble with multiples: Many executives who worry that their multiples are too low are simply comparing their company with the wrong set of peers.In one case, we found that executives were comparing their company’s earnings multiple with those for a set of companies in a faster-growing segment of the market than their own. While the company aspired to shift more activity to this segment, its current level of activity was generating less than 10 percent of its revenues at the time of the analysis. Because investors evaluate companies based on what they are, rather than what they aspire to be, the multiples analysis was flawed. The only relevant comparable companies, for the purposes of multiples analysis, are those that compete in the same markets, are subject to the same set of macroeconomic forces, and have similar growth and returns on capital.
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Nirav D13-01-2015 20:52:51
MSCI quarterly rebalancing announcement on February 11, 2015. Some stocks could get hit.