Stock Analysis, IPO, Mutual Funds, Bonds & More

IMD forecasts 38% chance of 'near-normal' monsoon: How it impacts your stock returns

Monsoon continues to be an important trigger for the domestic stock market.

Bouquets & brickbats: India Inc reacts to RBI’s monetary policy

The projection of real GVA growth for 2017-18 has been revised downward to 6.7%.

We are on a fast growth trajectory: Rajashree Nambiar, CEO, IIFL

"We are quite optimistic about the fact that we have been keeping a very strict check on our risk management and we are hopeful of rating upgrades," she says.

F&O view: No more cakewalk, Call writing at 8,300, 8,500 to cap upside

If the Reserve Bank of India surprises D-Street with a rate cut, there is always a possibility that the Nifty50 could well hit the 8,400 mark this week.

How to make the most of this stock market rally

Better corporate earnings, improved GDP, a good monsoon and GST bill will all play a part in how you can make the most of this stock market rally.

RBI's credit policy entirely along expected lines: P Chidambaram

The RBI's credit policy is entirely along expected lines -- no change in the repo rate, a tiny cut in the SLR and no change in the CRR.

Sensex flirts with 27,000; top five events to track in coming week

The S&P BSE Sensex rose just about 0.7 per cent during the week ended June 3, but failed to close above its crucial psychological level of 27,000.

Avoid real estate from 3-5 years' view point: Dipan Mehta

It is better to err on the side of caution and at least incremental flows should be put on a hold in terms of investing in equities, says Mehta.

Earnings will recover in the current fiscal year: Saumil Shah, MD of BofAML India

India continues to be expensive as the earnings momentum has not picked up. Passage of the GST bill should provide a near-term impetus.

RBI to release norms for single authentication in a month: HR Khan Deputy Governor

To make online transactions easier, the Reserve Bank will soon come out with single authentication payment norms for low value e-commerce transactions without any compromise on security.

Bank of America Merrill Lynch sees 0.25 per cent rate cut by RBI in Feb, total 0.75 per cent in 2015

BofAML today said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of 0.75 per cent in 2015.

High foreign holding in government bonds make me uncomfortable: Abheek Barua

If you factor in the compressed spreads over the base rate, you will actually realise that the transmission has been much more or much stronger.

Here are three reasons why shares of state-run banks are rallying

Public sector banks such as State Bank of India, Punjab National Bank, and Bank of Baroda rallied up to 6 per cent on Monday.

RBI drifts from rate focus, targets cash glut, health of banks: Key takeaways

The central bank also kept the cash reserve ratio (CRR) unchanged at 4 per cent. However, it raised the reverse repo rate by 25 basis points to 6 per cent.

Fag-end buying in select bluechips lifts Sensex by 53 points

Besides, covering-up of short positions by speculators on expiry of monthly derivative contracts supported buying activity, brokers said.

Overseas investors may look into corporate bonds: Ajay Manglunia, Edelweiss Finance

Investors should invest prudently with long-term goals instead of jumping the gun, and nobody has a magic wand to generate windfall returns overnight, says Ajay Manglunia.

GST bill bigger near-term factor for markets than P-Notes: Avinnash Gorakssakar, Precision Investment

"This could be a big negative surprise if nothing materialises by the end of the session. It could be a key factor for markets."

Nifty week ahead: Key triggers that may steer market in holiday-truncated week

Overall, the Nifty rose 3.3 per cent in March after hitting a record high of 9,218 on March 17. For the quarter, it rose 12.1 per cent, its best show since Apr-June '14.

Looking at affordable housing in a big way: Keki Mistry

"There is no slowdown in housing credit and HDFC's individual loan book has gone up by 16 per cent," Keki Mistry said.

Monsoon to decide policy on interest rates: Duvvuri Subbarao, RBI

"The monsoon outlook and monsoon performance is going to be an important factor in determining the RBI policy in the next three months," Subbarao said.

RBI Governor D Subbarao doesn't like being called inflation warrior

Justifying his priority to tackling inflation, the RBI chief said he had to listen to "silent voices" of millions of poor.

Lower inflation not enough for a December move by RBI: Barclays

The marginal decline in WPI inflation is not a sign of "dissipating" inflationary pressures , a Barclays research note says.

​Stock picking is not very tough if you know about these three cardinal rules

Analysts remain positive on the India story and most of the key triggers are aligned in favour of India, such as low crude oil prices, stable macros and rupee.

First rate cut by RBI unlikely before Feb 2013: Sujan Hajra, Anand Rathi

RBI will maintain monetary easing stance, but this will play out more through the liquidity channel rather than through the interest rate channel, says Hajra.

Bond street comes alive with a pipeline of Rs 11,000 crore of issues

Top-rated entities, including hydel power producer NHPC, Nuclear Power Corporation, Power Finance Corporation, may sell up to Rs 11,000 cr, four people in the know of things told ET.

​Expect RBI to cut rates by 25 bps tomorrow: Girish Nadkarni, Avendus Capital

"The indications are there, the body language has been indicative of a possible cut. So the whole street is, therefore, expecting a 25 bps cut tomorrow."

Invest in longer tenure fixed deposits and dynamic bond funds

Fixed income investors should opt for long tenure fixed deposits and dynamic bond funds, say experts after the RBI policy announcement.

Digital to be the next big thing; banks a top pick: Dharmesh Mehta, Axis Capital

Indian equities are likely to perform well going ahead unless there are global shocks, said Axis Capital CEO Dharmesh Mehta.

Green shoots of economy to be good for corporate India and earnings: Mahesh Patil, Birla Sunlife MF

Near-term visibility or near-term picture is not great but the medium-term outlook is definitely changing.

Play pharma as a basket, aviation is risky: Dipan Mehta

You could have an aberration when UP election results are out but basically the guiding force has been that at every correction there are buyers to invest into Indian equities, says Mehta.

Concerns on FDA action in case of Lupin may be overdone: Deepak Shenoy, Founder, Capital Mind

Equitas may be much better stock to go into rather than any of the current financial stocks.

Day after, D-Street takes comfort there is scope for more rate cuts

Sensex bounced back and was trading with a positive bias on Wednesday after a 500-point drop on Tuesday, which took the index below its key support level at 25,000.

Go bottom up rather than top down: Rahul Singh, Ampersand Investment Advisors LLP

There will be no big market moves in the next one to one-and-a-half months.

Credit policy shows RBI is not complacent on monetary policy front: Gaurav Kapur, RBS

"The policy is largely along expected lines, as there was no rate action expected. That was the general consensus, and that is what the actual policy action is as well."

RBI will walk the talk, liquidity deficit should come down: Jayesh Mehta, BofA-ML

Talking to ET, country treasurer, Bank of America Merrill Lynch says there’s no reason why overseas funds will not flow into India.

Expect one more rate cut this year: Gaurav Kapur, RBS

The policy shows that we are fairly confident that the liquidity adjustment facility is now working well.

F&O view: Fresh Put writing at 7,600, 7,500, 7,400 levels good sign for bulls

Maximum Put open interest of 44.24L contracts still stood at strike price 7,500. The trading range in April will be between strike prices 7,500 and 8,000.

Mutual fund managers snap their bond with Government securities

Go for short-term papers with yield of 8.25% against 7.10% of longer-tenure bonds.

Our profit growth will follow our advances growth rate: N Kamakodi,,City Union Bank

About 70-75 per cent of our slippages had been recovered in the past

Market being buoyed by companies delivering positive surprises: David Pezarkar, Daiwa AMC

We have continued to see positive sentiment as far as the market is concerned largely on the back of easy liquidity conditions.

Top 8 factors that are likely to drive markets in April-June quarter

The domestic market slipped 3% while other EMs rallied by 5% so far in Jan-Mar quarter. Q2 of 2016 could make way for a strong rally on Dalal Street.

Earnings boost! Top stocks which are likely to surprise in March quarter

The next big trigger for the market will be earnings growth, which has remained muted or largely flat for Sensex companies over the past eight quarters.

RBI way behind the curve in cutting interest rates: Shankar Sharma, First Global

The Reserve Bank of India (RBI)’s reluctance to cut interest rates may hurt India’s stock markets, said Shankar Sharma.

Twelve stocks in focus in Tuesday's trade

Indian markets are expected to trade in a range. Here is a list of twelve stocks which are likely to remain in focus today.

Investor can see 'Modi magic' in six months: Raamdeo Agrawal, Motilal Oswal Financial Services

Delhi is different now. You can sense the difference, give the govt another six months and entire so-called 'Modi magic' should happen, he said.

Have a bearish view on Nifty unless 5950-5970 is crossed: Ashwani Gujral

"Each time we are bouncing up from supports and we seem to be not achieving the levels that we had achieved the last time," Ashwani Gujral said.

Don’t expect Nifty to fall sustainably below 6000: Varun Goel, Karvy Private Wealth

'My own sense is that the market will probably be in a small range and look at both political and global cues in the times to come.'

Expect rupee to trade in the range of 63.5-64.5: Sudhir Agrawal, UTI MF

'65 will be a crucial level. We believe that RBI should continue supporting rupee in a way that there should not be too much of volatility.'

SBI undecided on QIP issue due to weak market conditions

SBI today said it has not taken a call on its proposed Rs 11,500 crore qualified institutional placement as markets remain weak.

Bullish on banking stocks: Deven Choksey

In a chat with ET Now, Deven Choksey, MD, KR Choksey Securities, shares his views on banking space.

Top four factors why BSE Sensex rallied over 300 points

Even though earnings have remained muted, market is now looking forward to next earnings season, which may be better than the ongoing quarter.

Experts say Urjit Patel report carries RBIs' hawkish stance

The RBI committee, headed by Deputy Governor Urijit Patel, was set up last September to revise and strengthen the monetary policy framework.

Market mantra: Don't swing with pendulum, instead catch the swing, says Piyush Garg, ICICI Securities Ltd

"We might be closer to 8400 or 8450 by a 2nd of June before RBI policy but I am not sure how much further market will go up if there is a 25 bps cut."

Titan Company hits 52-week high on Morgan Stanley upgrade

Apart from raising their rating, Morgan Stanley has also increased their 12-month target price on the stock to Rs 420 from Rs 330 earlier.

India Ratings pegs GDP at 4.9%; projects improvement in FY'15

The nation's growth rate is expected to slip to 4.9 per cent in the current fiscal but will improve significantly to 5.6 per cent in 2014-15.

Govt accords infrastructure status to MRO industry

Following a recent change in the RBI policy, the MRO industry, which currently has an annual turnover of about $800 million, would get a boost, they said.

Expect the markets on the higher side in 2014: Manish Sonthalia

RPM increase, coupled with issues regarding spectrum usage charges or the entire spectrum amount being brought down should augur well for the telecom sector per se.

MCX gold delivery attains year's high as supply eases

RBI's policy of re-allowing premier trading houses to import gold in addition to banks has driven up deliveries on MCX to a yearly high of 1.1 tonne, worth Rs 279 cr.

Interest rate to stay high as bankers see no rate cut in FY15

Terming the RBI's stance as marginally hawkish, SBI chairperson Arundhati Bhattacharya said that the 6 per cent inflation target is challenging.

Direction of markets looks incrementally positive: Manish Sonthalia, Motilal Oswal AMC

"I do not think anybody really expected a repo rate cut. But an SLR cut was more or less expected. So, it is on expected lines."

Substantial rate cuts unlikely in near term: Sanjay Shah, HSBC Global AM

"Do not expect substantial amount of cuts to happen. It will be more of a directional cut, one cut at a time."

SLR cut won’t make much difference to banks’ lending ability: Krishna Kumar, SBI

"This is because of the fact that the system is really flushed with liquidity at the moment," says Krishna Kumar of the State Bank of India.

Economic Survey 2016: Consumption to continue to be a driver of growth, says Sonal Verma, Nomura Financial Advisory

Even in the bond market, interest rates have hardened a bit and therefore the financial conditions have actually tightened at the margin which does not augur well for private investment.

Retail investors should go for quality stocks: Experts

Investors should book profits in momentum stocks and invest in quality stocks as corporate performance of high-beta stocks was low.

Munesh Khanna to head PwC’s biz restructuring services unit

Global consulting firm, PricewaterhouseCoopers, has hired investment banker Munesh Khanna to lead its business restructuring services unit.

Don't think scrappage policy should come in Budget: RC Bhargava, Maruti Suzuki

In an exclusive chat with ET Now, RC Bhargava, Chairman, Maruti Suzuki, says that the Finance Minister has raised issue of tax compliance and cleaning up of economy in the Budget.

Movement of rupee, FII data critical for market: Neeraj Deewan, Quantum Securities

"We are seeing a market that is based on a good FII figure that came from Thursday’s buying," Deewan said.

Smallcaps that can give sharp returns in near term

BSE was on a firm footing, led by gains in oil & gas, realty, banks and power stocks as tensions tapered after the RBI policy review and US Fed meet.

RBI Governor sending confusing signals to markets: Mythili Bhusnurmath

"The market clearly knew better than all of us -- as we have guessed -- that the repo rate would be kept unchanged. That is why the markets have run up so sharply," Bhusnurmath said.

Bank, auto, realty stocks surge as RBI maintains status quo

At 11:35 a.m.; the S&P BSE Bankex surged 2.06 per cent, the S&P BSE Realty Index was 1.88 per cent higher and the S&P BSE Auto Index surged 1.09 per cent.

F&O Tracker: Nifty likely to face resistance at 6300

Nifty futures after testing its all time high, witnessed profit booking followed by some short addition of positions in the market for straight six days.

Nifty may slide back to 5950-6000 post any QE taper-induced upside: Ashwani Gujral

"It is expected that FED will not taper. If something expected happens, the reaction is much more muted, but market is ready for some reaction."

PSU banks' asset quality still a concern, advise caution: Dipen Shah

PSU banks' asset quality still a concern, advise caution, says Dipen Shah.

Pre-market: Nifty seen opening flat; may face resistance around 8850

Tracking the momentum, the Nifty index may face some bit of resistance around 8,850 levels.

Market not confident despite touching record highs: P Phani Sekhar, Angel Broking

The reason for that is 30% weight occupied by banking, whether you talk about private banks or public sector banks, although private happened to be better says P Phani Sekhar.

Sensex, Nifty closed on account of Ambedkar Jayanti

Indian stock market will remain shut on Tuesday. The BSE, NSE will remain closed for "Dr.Baba Saheb Ambedkar Jayanti".

Sensex, Nifty closed on account of Ambedkar Jayanti

Indian stock market will remain shut on Tuesday. The BSE, NSE will remain closed for "Dr.Baba Saheb Ambedkar Jayanti".

Market will see corrections till economic fundamentals are not back in order: Sudip Bandyopadhyay

The market is expecting political stability and one cannot deny that that is a huge positive for the Indian markets now.

Market will see corrections till economic fundamentals are not back in order: Sudip Bandyopadhyay

The market is expecting political stability and one cannot deny that that is a huge positive for the Indian markets now.

Market will correct till economic fundamentals not back in order: Sudip Bandyopadhyay

"Market will see correct till economic fundamentals not back in order."

March CPI inflation inches down to 5.17% versus 5.37% in February

While rural inflation declined to 5.58% vs 5.79% in February, the urban inflation came in at 4.75% vs 4.95% in February.

Sunday ET: India will achieve close to 6% growth in 2013-14: Arvind Mayaram

Department of Economic Affairs secretary Arvind Mayaram argues that an upward swing in the economy is clearly visible.

An Evening in Mumbai: Of great expectations, brave new world, Catch-22, Crime and Punishment

The captains of India Inc and the veterans of D-Street tried to anticipate what might come in the Union Budget on February 1 at the ETMarkets PReBudget Meet.

Will RBI cut rates further in 2015? Four factors that will determine Raghuram Rajan's policy stance

Going forward, the accommodative stance of monetary policy will be maintained, but actions will be conditioned by incoming data," RBI said.

RBI likely to wait for more data points before cutting rates: Madan Sabnavis, CARE Ratings

"In fact, I would not have been surprised in case the RBI deferred this policy until the numbers for March came out."

Pre-market: Nifty seen opening flat; may reclaim 8600 levels

Tracking the momentum, the index may reclaim its crucial psychological level of 8600 in trade today.

IRF turnover nears Rs 5 lakh cr-level in FY'15

The cash settled instrument, which was launched in the capital markets in January 2014, had recorded a turnover of Rs 39,944 crore during 2013-14.

UPA is paying a political price for high inflation: P Chidambaram

On the issue of economic growth, Finance Minister P Chidambaram expressed faith that it will be closer to 6% in FY15 and 8% in FY17.

HDFC Life, Max Life still keen on finding a structure acceptable to IRDA: Deepak Parekh, Chairman, HDFC

"We have extremely warm, friendly relationships with the Max team. Both of us are still keen if we can find a structure that is acceptable to the IRDA, to our regulators, " said Parekh.

Government likely to begin its divestment programme for 2015-16 in April

It is likely to choose between a power sector and heavy industry firm for the first issue, a senior government official said.

AIBEA seeks hike in tax exemption on bank deposit int to Rs 25,000

Auction of NPAs should also be stopped, because it involves huge write-offs which ultimately end up resulting in heavy losses to banks.

Nifty sells off thrice on good news; time for nimble-footed investors to stay away

While the Fed rate postponement from June to September was definitely a positive surprise, the market is waking up for developments back home, says analyst.

Traders reverse pair strategy to go long on banking stocks

Savvy traders in the derivatives market who were betting on banking stocks to outperform the markets are reversing their trades to go long.

Wait and watch BHEL: Rajan Malik

We would continue to be optimistic about BHEL. But, the kind of orders that are flowing through, one needs a pickup in domestic investment.

SBI rate cut may trigger war in car loan segment

The equated monthly instalment on a Rs 1 lakh seven-year loan has come down from Rs 1,765 to Rs 1,725. Till now SBI had pegged its auto loans at its rack rate of 12%.

Indian banks late in passing on lending rate cuts: IMF

Besides, the deposit rates of the banks do not adjust upwards in response to monetary tightening, but they do adjust downards to monetary loosening.

Nifty will find support at 5800-5750 if market fall continues: Deven Choksey, KR Choksey Securities

In a chat with ET Now, Deven Choksey, MD, KR Choksey Securities, shares his views on the current outlook of the market.

'BUY' or 'SELL' ideas from experts for Monday, 02 June 2014

Markets are expected to trade in a narrow range on Monday in absence of cues from Asian markets. Rate sensitives are likely be in action ahead of the RBI policy tomorrow.

need2know: Seven macro triggers that may matter for market today

The Finance Ministry granted approval to 12 proposals of PSBs to raise a sum of Rs 2,914.038 crore through preferential allotment and United Bank via QIP.

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service