Bob Farrell's 10 thumb rules to deal with market uncertainties
Farrell is one of the pioneers of technical securities analysis, who always endorses the use of the sentiment gauge to better evaluate and understand how a market and individual stocks might move.
India’s realty sector growth hinges on COVID-19 containment
”These are dynamic times but there are positive signs aplenty. Since May, each mo...
NSE-BSE bulk deals: Societe Generale sells ICICI Bank stocks worth Rs 341 cr
Societe Generale sold 90,00,000 shares of ICICI Bank worth Rs 34...
India providing opportunity for some of the money flowing out of China: Bank of America
REITs have provided an avenue for the investors, the global long only funds, the domestic HNIs to get a part of the action in commercial real estate and they have welcomed the opportunity with both hands.
US jobless claims fall below 1 mn last week for the 1st time but still remains high
The Labor Department said applications fell to 963,000, the second straight drop, from 1.2 million the previous week. The decline suggests that layoffs are slowing, though last week's figure still exceeds the pre-pandemic record of just under 700,000. The pandemic, the shutdowns are continuing to weaken the economy and force companies to cut staff.
Vodafone Idea now a negative Rs 19,500 crore networth firm
“Our key concern is undercutting capex to conserve cash. While qoq capex decline is understandable given the Covid impact, the extent is surprising and we see structural risks,” Bank of America Merrill Lynch said in a note.
NSE-BSE bulk deals: Max Ventures sells Max Financial Services shares, MIT ups stake in NIIT
Promoter Max Ventures Investment Holdings sold 61,00,000 shares in Max Financial Services at Rs 535.18 per share. At end June, it held 28.15 per cent or 7,58,83,275 shares in the company.
NSE-BSE bulk deals: Fund houses offload Aarti Surfactants
In a series of bulk deals on BSE, HDFC Mutual Fund and DSP Mutual Fund offloaded shares of Aarti Surfactants, which were bought by Haresh Kunvarji Chheda HUF, Chandrakant V Gogri, Mulraj Chandulal Gala, Jaya Chandrakant Gogri.
Outlook for US value stocks uncertain with cloudy economic picture
The benchmark index plunged more than 33% from its Feb. 19 high to its low on March 23 as coronavirus-related shutdowns began spreading across world economies.
Expect 50 bps rate cut by October: Bank of America
India's economy may contract by 3 to 5 per cent in FY'21, which may trigger a 50 to 150 bps points reduction in benchmark repo rate by the central bank during the year.
Softbank-Bharti green energy JV taps Brookfield for up to $600 million funds
The need for funds is immediate and so they are open to various structures, said a global clean tech investor. However, most industry participants believe parent Softbank may eventually sell a larger chunk, even majority to bring on board large institutional investors to deal with its own liquidity challenges.
If you get GDP growth of 5%, 15% EPS growth likely: Raj Sharma, Merrill Lynch
For the first time, I see risk taking. People want to make money and wealth creation is not a bad word. When I was growing up in India in the 70s, it was not fashionable to be a businessman and now it is a cool thing to be a businessman, says Raj Sharma, Managing Director, Private Wealth Advisor, Merrill Lynch.
DMart plans Rs 6,200 crore QIP to meet Sebi holding norm
Avenue Supermarts promoter Damani has to pare his 80.21% stake to comply with the SEBI’s minimum public shareholding rule for listed companies. This stipulates that promoters cannot own more than 75%.
RBI to cut rates by 40 bps by Feb despite high inflation
The consumer price inflation fastened to 4.62 per cent for October.
Bank of America Merrill Lynch sees a possibility of 50-bps rate cut in October meet
BofAML said lower yields or lending rates hold key to growth bottoming out by early 2020.