Volatility in Indian and global markets up irrespective of virus scare: Amit Khurana, Dolat Capital
The only apprehension about the virus scare is what impact does it have on the Q1 earnings for the broader Asian economies in terms of growth patterns, says Amit Khurana, Head of Equities. Dolat Capital.
Buy SBI on dips, avoid aviation for now: Deepak Shenoy, Capital Mind
Deepak Shenoy, Founder, Capital Mind, says IT remains a cash-heavy stron...
FMCG sector to expand at 9% in FY20, growth to improve in FY21: Report
The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 per ce...
Sensex gains 100 points, Nifty nears 12,150; Wockhardt rises 5%
A sixth-straight day of decline in oil futures helped the sentiments on D-Street.
Warehousing sector to add 40 mn sq ft space across top 8 cities this year: Report
According to the study by global property consultant Savills, warehousing space absorption across eight cities like Mumbai, Pune, Chennai, Bengaluru, Hyderabad, Ahmedabad, Delhi and Kolkata, is expected rise to 35 million sq ft in 2020. In 2019, the total supply of warehousing space was 37.94 million sq ft while the absorption stood at 33 million sq ft.
Barring valuations, FMCG companies could be back in favour: Anand Tandon
If the frontline stocks stay in a range and midcaps and smallcaps were to move up, that would indicate a very healthy market, says Anand Tandon, Independent Analyst in an interview with ETNOW.
No green shoots, FMCG demand failed to thaw in winter: Nitin Gupta, SBICAP Securities
Marico, HUL and other companies which have offered price sops are placed well in the market. Whatever steps the government has taken, have not manifested in growth as of now. While some of the pass throughs happened through tax rate cut where the government’s intention was to incentivise the companies to invest more.
P&G India hit by monetary policy: CFO
“Slowing growth rates in India, largely as a result of some monetary policies, have created a bit of a liquidity squeeze, which is drying up inventory through the system,” Jon Moeller, chief financial officer, P&G, told investors on Thursday. “But we continue to grow well in India and build share.”
Bizongo mops up $30 million Series C funding round led by Schroder Adveq
The investment major, which also has a deep focus on secondary transactions, also runs Schroder Adveq Asia, which largely looks to invest in China and India, with, and alongside managers that cover a broad range of sectors such as consumer business services, technology and healthcare.
We are cautiously optimistic about FMCG growth this year: Nielsen's Prasun Basu
The country’s FMCG market is expected to stabilise and grow 9-10% in the Jan-Dec calendar year similar to the previous year, Nielsen said. Early signs of stability, macro economic policies, manufacturer action and consumer sentiment is expected to lead money in the hands of the consumer thereby fuelling consumption, the market research firm forecasted.
Buy Nestle India, price target Rs 16,200: Shubham Aggarwal
The analyst suggested a stoploss at Rs 15175.
Buy Jyothy Labs, price target Rs 170: Kunal Bothra
The analyst suggested a stoploss at Rs 150 .
Range-bound Nifty50, sparkling broader markets likely in 2020
Abhishek Basumallick, Chief Equity Advisor, Intelsense Capital is bullish on pharma, agrichem & PSUs .
Sell Godrej Consumer, price target Rs 720: CK Narayan
The analyst suggested a stoploss at Rs 742.
Pre-Budget picks: Kunal Bothra bullish on Ujjivan Finance, Hero MotoCorp next week
Multi-month, multi-year breakouts likely in DLF, Godrej Properties, Sobha Realty. Next week could also be good for largecap FMCG names like HUL and Britannia. Even Marico could do well, says Kunal Bothra, kunalbothra.co.in. Excerpts from an interview with ETNOW.
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