Ahead of Market: 10 things that will decide D-Street action on Tuesday
Indian equities rebounded on Monday following positive global market trends and hopes of easing in policy-tightening as inflation slowed worldwide. The Nifty rose 108 points to 19,754, with the Sensex up 367 points. The Nifty Midcap 100 also reached a new intraday record high. Analysts predict Nifty has a strong base with open upside targets.
5 read-across for Indian IT from Capgemini’s June quarter performance
CAP’s revenue growth was better than Indian IT peers in the June quarter because it has higher exposure to Europe and verticals where demand is still resilient
LIC Mutual Fund completes takeover of IDBI MF schemes
LIC MF had an AUM of Rs 18,400 crore and IDBI MF had Rs 3,650 crore as of June. After completion of the merger, out of 20 schemes of IDBI MF, 10 schemes will be merged with similar schemes of LIC MF and the remaining 10 will be taken over by LIC MF on standalone […]
Confidence level of industry improving: KV Kamath, ICICI Bank
“It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry.”
We may see rapid growth over the next few years: Raamdeo Agrawal
Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.
Every decision of government needn’t be a big reform: Anand Mahindra
“The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength.”
Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador
Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.
Call writers run for cover as Nifty ends above 19,750. What traders should do on Tuesday
After forming a series of higher highs and higher lows over the last 2 months, Nifty seems to have formed minor degrees of lower highs and lower lows in the last 4-5 sessions amidst range movement. This pattern could be reflecting ongoing consolidation in the market.
Hero MotoCorp, Endurance Technology a play on auto space
HMCL is a pure play in the domestic 2W industry and its core strength lies in the 100cc motorcycle segment. Scooters account for just 8% of the company’s volumes.
4 top stock recommendations from Aditya Arora
Sector rotation is evident. But stock-specific rally will still continue. I do not think that bull market has ended.