| Date:
01/05/2013 |
| SP 500 ends at record high on Apple, economic data |
| US stocks rose moderately on Tuesday, with the SP 500 ending at another all-time closing high on a jump in Apple and encouraging economic data. |
|
| Date:
01/05/2013 |
| Prabhudas Lilladher lowers target of Federal Bank to Rs 550 |
| Brokerage house Prabhudas Lilladher has maintained “Buy†rating on Federal Bank despite weak earnings posted by the company. However, the broking firm has lowered the price target to Rs 550 per share from Rs 580 earlier as it feels the process of improvement in Return on Equity (ROE) will take more time. |
|
| Date:
01/05/2013 |
| Indian ADRs: Sterlite gains 7.4%, Wipro up 3.3% |
| Indian ADRs ended higher on Tuesday. In the IT space, Infosys was up 2.28 percent at USD 41.74 and Wipro was up 3.36 percent at USD 7.99. |
|
| Date:
01/05/2013 |
| Nikkei falls, hurt by Tokyo Electron after disappointing guidance |
- Japan's Nikkei average slipped in early trade on Wednesday, after posting its best April performance in 20 years, hurt by disappointing earnings guidance from semiconductor equipment maker Tokyo Electron Ltd .
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|
| Date:
01/05/2013 |
| BSE launches broad-based Islamic index |
- The Bombay Stock Exchange (BSE) has launched an Islamic equity index based on the wide-measure S&P BSE 500 index, providing a new benchmark for Islamic investors in one of the world's largest stock exchanges.
  |
|
| Date:
01/05/2013 |
| No end in sight for Fed stimulus as inflation sags |
- The Federal Reserve's debate over U.S. monetary policy could begin to shift away from the prospect of reducing stimulus toward a discussion about doing more, given the signs of economic weakness and slowing inflation.
  |
|
| Date:
01/05/2013 |
| Gold edges down, investors cautious ahead of Fed |
- Gold ticked lower on Wednesday on lack of physical buying and as investors waited to see if the U.S. Federal Reserve sticks to its stimulus programme to spur the economy, which could boost the metal's appeal as a hedge against inflation.
  |
|
| Date:
01/05/2013 |
| Dollar pressured before Fed policy outcome |
- The dollar eased on Wednesday as investors warily awaited the outcome of the U.S. Federal Reserve's two-day policy meeting later, while the euro drifted on expectations for a rate cut when the European Central Bank meets later in the week.
  |
|
| Date:
01/05/2013 |
| China factory PMI raises doubts about economys strength |
- Growth in China's manufacturing sector unexpectedly slowed in April as new export orders fell, raising fresh doubts about the strength of the economy after a disappointing first quarter. |
|
| Date:
01/05/2013 |
| RBI may sweeten rate cut with lower reserve ratio, dovish talk |
- The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre.
  |
|
| Date:
01/05/2013 |
| IOC cuts petrol prices by 4.5 percent |
REUTERS - Indian Oil Corp (IOC) , the country's biggest refiner, will cut petrol prices by 4.5 percent from Wednesday as global prices of the fuel have declined and as the rupee appreciated against the dollar, it said in a statement on Tuesday.
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|
| Date:
01/05/2013 |
| After the 787 crisis, risks still loom for Boeing |
- Boeing Co's 787 Dreamliner is carrying passengers again after a three-month ban on flights, but the company still faces potent risks related to the new, high-tech plane.
  |
|
| Date:
01/05/2013 |
| EXCLUSIVE-Bain, Golden Gate in the lead to buy BMC Software - sources |
- A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software Inc for more than $6.5 billion, three people familiar with the matter said on Tuesday.
  |
|
| Date:
30/04/2013 |
| Asian shares underpinned by central bank stimulus hopes |
| Asian shares edged higher on Tuesday as hopes for political stability in Italy and expectations for global central banks to continue their growth-supporting monetary stimulus bolstered investor risk appetite. |
|
| Date:
30/04/2013 |
| SP 500 closes at record, led by energy, tech shares |
| The SP 500 index ended at an all-time high on Monday as growth-oriented stocks, including energy and technology, lead the way to the index's sixth rise in the past seven sessions. |
|
| Date:
30/04/2013 |
| Nikkei slips, still set for best April in 20 years |
| The Nikkei average eased on Tuesday following weak earnings guidance from Fanuc Corp and Honda Motor, although it remains on track for its best April performance in 20 years on the back of sweeping stimulus measures unveiled this month. |
|
| Date:
30/04/2013 |
| US markets close near days high on better home sales data |
| US markets finished near session highs, with the SP 500 setting a record close and the Nasdaq ending at its best level since November 2000. |
|
| Date:
30/04/2013 |
| Central bank stimulus hopes underpin Asian shares |
| Asian shares rose on Tuesday as investor risk appetite was underpinned by hopes for political stability in Italy and expectations for US Federal Reserve and the European Central Bank to continue with growth-supportive monetary stimulus measures. |
|
| Date:
30/04/2013 |
| See ECB cutting rates by 50 bps on Thursday: StanChart |
| Sarah Hewin of Standard Chartered believes the European Central Bank (ECB) may cut 50 basis points in its impending monetary easing policy. |
|
| Date:
30/04/2013 |
| Global investors cut stocks, boost cash: Poll |
| Global investors cut back on stocks and bonds in April, lifting cash levels to a seven-month high, on signs the world economy may be heading for softer growth, Reuters polls showed. |
|
| Date:
30/04/2013 |
| Unilever offer for HUL should offset royalty bitterness |
| The open offer by Unilever is a great vote of confidence in the Indian consumption story, and Unilever seems to be saying we have made huge money and we want to put some more huge money to make some more huge money, says PN Vijay |
|
| Date:
30/04/2013 |
| Unilever may not get 22.5% in HUL at Rs 600/shr: Damani |
| Unilever open offer for a 22.5 percent stake in Hindustan Lever (HUL) at Rs 600 per share sends the message that the Indian consumer story is alive. |
|
| Date:
30/04/2013 |
| Dont short Nifty at current levels: Angel Broking |
| In an interview to CNBC-TV18, Siddharth Bhamre of Angel Broking spoke about the outlook for FO market and his perspective on various stocks. |
|
| Date:
30/04/2013 |
| Goldman Sachs overweight on India |
| Timothy Moe of Goldman Sachs feels markets appear to be moving in line with macro factors. On a strategic basis, he says they are overweight on India. |
|
| Date:
30/04/2013 |
| Mkt focused on RBI commentary, not SC or PMO: Dipan Mehta |
| The market will be more impacted by what the RBI governor has to say as compared to the government or the finance minister, believes Dipan Mehta, member, BSE NSE. Mehta's views come on the back of the ripple effect being created in New Delhi due to the coal scam. |
|
| Date:
30/04/2013 |
| Wait for market to breakout; bet on TVS, Bharti: Experts |
| Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Dilip Bhat of Prabhdas Lilladher advise investors to wait till the market to move beyond the 5,850-5,930 range and bet on TVS, Bharti-Airtel. |
|
| Date:
30/04/2013 |
| Mutual Funds gain as markets end higher |
| Equity Mutual Funds delivered excellent performance yesterday as markets closed higher. |
|
| Date:
30/04/2013 |
| Axis Mutual Fund appoints Chandresh Nigam as MD CEO |
| Axis Mutual Fund appoints Chandresh Nigam as MD CEO |
|
| Date:
30/04/2013 |
| HDFC High Interest Fund: Change in fundamental attribute |
| HDFC Mutual Fund has decided to modify the investment strategy and name of Plan(s) under HDFC High Interest Fund. |
|
| Date:
30/04/2013 |
| Coal scam: SC hearing today; Govt officers in war of words |
| The Supreme Court is scheduled to hear the coal scam case on Tuesday and decide whether the government tried to influence the Central Bureau of Investigation (CBI) probe. But there's more embarrassment for the UPA government ahead of the hearing with its top law officers in a war of words. |
|
| Date:
30/04/2013 |
| Need to resolve structural issues; gold crash helps: Gokarn |
| Ex-RBI deputy governor Subir Gokarn, director of research, Brookings India says there are some structural issues with the economy that needs to be resolved. |
|
| Date:
30/04/2013 |
| Lower inflation will help RBI consider rate cut: Mayaram |
| Exuding confidence of clocking over 6 per cent growth this fiscal, Economic Affairs Secretary Arvind Mayaram today said inflation will cool further helping the Reserve Bank to continue with an easy policy regime. |
|
| Date:
30/04/2013 |
| 6 reasons why Subbarao should hold rates on 3 May |
| On 3 May, Reserve Bank of India (RBI) Governor Duvvuri Subbarao will be presenting his last annual monetary policy statement. The widespread expectation is that he will cut interest rates, since inflation seems to be coming down and growth needs a leg up. |
|
| Date:
30/04/2013 |
| FM cuts tax on interest in govt, corp debt for foreigners |
| The government will cut the tax on interest payments to foreigners on government and corporate debt to 5 percent from up to 20 percent for a two-year period, in a bid to draw further inflows to bridge its current account deficit. |
|
| Date:
30/04/2013 |
| Lok Sabha passes Finance Bill; here are key amendments |
| After much uproar over coalgate scam and walkout by opposition, the Finance Bill for 2013-14 was finally passed in Lok Sabha without a debate, but with certain key amendments announced by the Finance Minister P Chidambaram. |
|
| Date:
30/04/2013 |
| Eight core-sector industries output up 2.9% in Mar |
| Eight core sector industries' growth has slowed down to 2.9 percent in March 2013 from 3 per-cent in the same month in 2012 due to drop in production of coal and crude oil. |
|
| Date:
30/04/2013 |
| March infrastructure output up 2.9 percent |
| India's infrastructure sector output rose 2.9 percent in March from a year earlier, government data showed on Tuesday, suggesting an uptick in investments after the worst slowdown in a decade in Asia's third-largest economy. |
|
| Date:
30/04/2013 |
| Govt to work for passage of pending bills: Chidambaram |
| With the Lok Sabha passing the Finance Bill and Demands for Grants for various ministries, Government today said it will continue with its efforts for passage of other bills on food security and land acquisition, which are "equally important". |
|
| Date:
30/04/2013 |
| Heres what market expects from RBI credit policy |
| Ahead of the Reserve Bank of India's fourth quarter (January – March) credit policy review, a Royal Bank of Scotland (RBS) survey revealed a loud clamour for policy rate cut at least by 25 basis points. Market participants seem to be evenly split between a 25 bps cut in CRR and no cut in CRR this policy. |
|
| Date:
30/04/2013 |
| Evening bulletin: Quick glance at todays major events |
| Evening Bulletin brings to you all the key events that made headlines today: |
|
| Date:
30/04/2013 |
| Cyrus Mistry rejigs Tata top deck: New guard takes over |
| Cyrus Mistry has checked in his team at Tata Sons by replacing both the existing group corporate centre and the group executive office. By dismantling the old guard and announcing the formation of a new group executive council (GEC), Mistry has brought in a new structure for the new times. |
|
| Date:
30/04/2013 |
| Irate KFA workers seek Chidambarams aid on pay woes |
| CNBC-TV18 reports that irate KFA workers sought Chidambaram’s aid to resolve the non-payment of salaries by the airline management. |
|
| Date:
30/04/2013 |
| Heres how bank credit expanded in 2012-13 |
| The latest data by Reserve Bank of India released on Tuesday showed the segment-wise growth of industry credit that banks lent to individuals and companies during 2012-13. Segment-wise agriculture credit showed robust growth while industry credit decelerated. |
|
| Date:
30/04/2013 |
| No decision on auto fare hike till June 12: Maha govt |
| Maharashtra government on Tuesday told the Bombay High Court that it would not take any decision on increasing the fares of auto rickshaws and taxis until June 12 when the High Court would hear a PIL challenging the hike. |
|
| Date:
30/04/2013 |
| Petrol prices cut by Rs 2.50/litre effective from midnight |
| Petrol price is cut by Re 2.50 per litre excluding VAT with effect from midnight today across India following a decline in international crude oil prices, however there is no change in diesel price, Indian Oil Corporation said while announcing the price revision today. |
|
| Date:
30/04/2013 |
| Gems, jewellery exports may rise 15% in FY14: GJEPC |
| India's gems and jewellery exports are likely to grow by up to 15 percent this fiscal as the US and Japanese markets are expected to bounce back while China will remain stable, GJEPC on Tuesday said. |
|
| Date:
30/04/2013 |
| Rel Comm, Aircel in roaming pact to improve GSM coverage |
| Anil Ambani-owned Reliance communications has signed a roaming agreement with rival telecom firm Aircel, which will allow both companies to use mobile towers of each other to improve their network coverage for 2G GSM services. |
|
| Date:
30/04/2013 |
| ONGC finds gas in KG basin block |
| State-owned Oil and Natural Gas Corp (ONGC) today said it has struck natural gas in a block that sits next to Reliance Industries' KG-D6 area in the Krishna Godavari basin. |
|
| Date:
30/04/2013 |
| Push to infra sector: 2 new ports to be set up |
| In a major push to infrastructure sector, the Union Cabinet will consider tomorrow a proposal to set up two big ports with an investment of Rs 16,000 crore, a step being taken after a few decades. |
|
| Date:
30/04/2013 |
| Australian firms show interest to develop Coal India mines |
| Two Australian companies have evinced interest in developing Coal India's opencast mines while four British and Chinese companies have been selected for developing the PSU's four underground mines, the government today said. |
|
| Date:
30/04/2013 |
| Tax diesel vehicles, why only SUVs: MM |
| The decision to stick to the excise duty hike imposed on sports utility vehicles (SUVs) has clearly come as a big disappointment, says Pawan Goenka, president of the automotive and the farm sector businesses of Mahindra Mahindra |
|
| Date:
30/04/2013 |
| Implement tax panel suggestions to boost biz mood: Kanabar |
| Dinesh Kanabar, deputy CEO and chairman, tax, KPMG says, in an interview, that clarity on the TRC was a significant positive and called for the implementation of tax recommendations to boost investors' mood. |
|
| Date:
30/04/2013 |
| Diageos open offer for 26% stake in United Spirits fails |
| As expected UK based Diageo’s open offer for 26 percent stake in United Sprits has failed, according to a report by Wall Street Journal. However this is unlikely to stop alcohol giant from acquiring Vijaya Malaya owned company. |
|
| Date:
30/04/2013 |
| Platinum Asia Fund sells 26.23 lakh shares of HDIL |
| Platinum Asia Fund sold 26,23,305 shares of Housing Development and Infrastructure (HDIL) at Rs 54.97 on the NSE on April 29. |
|
| Date:
30/04/2013 |
| Foziyha Akil sells 3 lakh shares of TD Power Systems |
| On April 29, 2013 Foziyha Akil Contractor sold 3 lakh equity shares of TD Power Systems at Rs 227.05 on the NSE. |
|
| Date:
30/04/2013 |
| Go by value, not Unilevers offer price for HUL: Templeton |
| Franklin Templeton is underweight on the FMCG basket and sees relatively less upside potential in the sector. |
|
| Date:
30/04/2013 |
| Sushil Kedia puts sell on Nifty if it closes below 5900 |
| Sushil Kedia, Director - Quantitative Strategy, CIMB feels that it is difficult for the market to past 6,000 levels. Apart from Tata Steel and crain everything else looks bearish to him. |
|
| Date:
30/04/2013 |
| Take fresh positions post RBI policy: Sukhani |
| In an interview to CNBC-TV18 technical analyst, Sudarshan Sukhani of s2analytics.com shared his reading and outlook on the market. |
|
| Date:
30/04/2013 |
| Ashwini Kumar, Vahanvati both unlikely to survive: Sardesai |
| Both law minister Ashwini Kumar and Attorney General Goolam Vahanvati are unlikely to survive in their positions post Supreme Court’s outburst today on sharing coalgate scam report with these government representatives, Editor-In-Chief of CNN-IBN Rajdeep Sardesai noted. |
|
| Date:
30/04/2013 |
| Excise duty hike on SUVs to stay, MM to overhaul portfolio |
| The government has decided to stick to the excise duty hike imposed on sports utility vehicles (SUVs). With its last and final hope getting dashed on Tuesday, the country’s largest utility vehicle player MM is set to overhaul its existing portfolio to meet the parameters outlined in the budget. |
|
| Date:
30/04/2013 |
| BSE Sensex ends at 1-month high; HUL rallies 17% |
| Key equity benchmarks closed at one-month highs, boosted by heavy buying in FMCG, metal and telecom shares. Hindustan Unilever (HUL) rose 17 percent after parent Unilever announced an open offer to buy 22 percent stake in the company at Rs 600 apiece. |
|
| Date:
30/04/2013 |
| Nifty recovers a bit, ADAG stocks lose |
| The market has seen some recovery in the last trading hour of the day. The Sensex was up 76.19 points at 19463.69 while the Nifty added 10.50 points to be at 5914.60. |
|
| Date:
30/04/2013 |
| Nifty hovers around 5900; HUL, Rel Comm most active |
| Key equity benchmarks gave up most of the early morning gains on profit booking. The Nifty had rallied close to 400 points in the last fortnight and retreated back below 5900 after touching a fresh one-month high of 5950 in the opening bell. |
|
| Date:
30/04/2013 |
| BSE Sensex volatile; cap goods, oil gas crack; HUL firm |
| Political uncertainty and weakness in oil gas and capital goods shares is weighing on sentiment, leading to benchmark indices slipping from the day's highs |
|
| Date:
30/04/2013 |
| BSE Sensex flat; banks cap goods drag, Bank of Mah up 4% |
| After the massive rally in morning trade, the market seemed to be losing steam quickly. The Sensex was up 24.90 points at 19412.40 while the Nifty was down 7.80 points at 5896.30. |
|
| Date:
30/04/2013 |
| Nifty holds 5900; HUL, ITC, Nestle, Dabur hit fresh highs |
| The Nifty was trading at one-month high in the morning trade after benchmark indices in US market closed at all-time high. Back home, the sentiment was further lifted by the open offer made by FMCG conglomerate Unilever. |
|
| Date:
30/04/2013 |
| Hindustan Unilever fires up mkt, Sensex soars over 200 pts |
| The market has opened on very strong note. The Sensex gained 208.62 points to be at 19596.12 while the Nifty soared 50.75 points to 5954.85. Star of the day Hindustan Unilever fired up the benchmark indices with the stock rising 18.9 percent on the BSE. |
|
| Date:
30/04/2013 |
| S&P 500 ends at a record; stocks up for April |
- U.S. stocks rose moderately on Tuesday, with the S&P 500 ending at another all-time closing high on a jump in Apple and encouraging economic data.
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|
| Date:
30/04/2013 |
| Global stocks inch up, US dollar dips as central bank action eyed |
- Stocks on major markets edged higher on Tuesday while the U.S. dollar fell to a two-month low on expectations of further supportive actions by U.S. and European central banks.
  |
|
| Date:
30/04/2013 |
| Unilever offers $5.4 billion to raise HUL stake; stock soars |
- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
  |
|
| Date:
30/04/2013 |
| Berkshire size, Buffett age cloud annual gathering |
REUTERS - Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway Inc has become the biggest elephant in the room. |
|
| Date:
30/04/2013 |
| Cyprus bailout scrapes through islands parliament |
- Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have intensified calls from islanders to exit the euro.
  |
|
| Date:
30/04/2013 |
| IOC to cut petrol prices from Wednesday |
REUTERS - Indian Oil Corp (IOC) , the country's biggest refiner, will cut petrol prices by 4.5 percent from Wednesday as global prices of the fuel have declined and as the rupee appreciated against the dollar, it said in a statement on Tuesday.
  |
|
| Date:
30/04/2013 |
| Wall St off on weaker-than-expected data, profit-taking |
- U.S. stocks fell on Tuesday after a weaker-than-expected index of Midwest business activity, and investors booked profits from a rally that took the benchmark S&P 500 index to a record.
  |
|
| Date:
30/04/2013 |
| India targets foreign money with investment tax cut |
- India cut tax rates for foreign investors on interest income from investments in government and corporate debt, hoping to attract more funding to bridge its current account deficit and polish its reformist credentials.
  |
|
| Date:
30/04/2013 |
| Gold eases on strong rupee |
- Indian gold futures eased on Tuesday due to a stronger rupee amid steady overseas markets, while physical traders stayed on the sidelines seeking bigger falls as they prepare to stock for a key festival next month.
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|
| Date:
30/04/2013 |
| Sensex ends above 19,500; gains 3.5 percent in April |
- The BSE Sensex closed at its highest in 1-1/2 months on Tuesday, led by gains in Hindustan Unilever after its parent made a $5.4 billion offer to raise stake in it, while the finance minister's comments that tax residency certificate is enough proof of residency for tax purposes also helped.
  |
|
| Date:
30/04/2013 |
| Baring Asia in talks to invest $240 mln in Lafarge India: sources |
- Private equity firm Baring Asia is in advanced talks with the Indian arm of French cement maker Lafarge SA to invest about $240 million for a minority stake, two sources with direct knowledge of the matter told Reuters on Tuesday. |
|
| Date:
30/04/2013 |
| Global investors cut stocks, boost cash: Reuters Poll |
- Global investors cut back on stocks and bonds in April, lifting cash levels to a seven-month high, on signs the world economy may be heading for softer growth, Reuters polls showed.
  |
|
| Date:
30/04/2013 |
| Rupee at two-week high; gains for second straight month |
- The rupee rose to its highest level in two weeks on Tuesday, strengthening for a second straight month, after a cut in tax on interest payment to foreigners on debt raised hopes of more dollar inflows. |
|
| Date:
29/04/2013 |
| Reliance Short Term Fund: Change in fundamental attribute |
| Reliance Mutual Fund has announced change in fundamental attributes under Reliance Short Term Fund, an open ended debt fund. |
|
| Date:
29/04/2013 |
| Kotak Emerging Equity Fund declares dividend |
| Kotak Mutual Fund declares dividend under dividend option of Kotak Emerging Equity Fund. |
|
| Date:
29/04/2013 |
| Religare Banking Fund declares dividend |
| Religare Mutual Fund declares dividend under Regular and Direct plan of Religare Banking Fund. |
|
| Date:
29/04/2013 |
| Tata Balanced Fund declares dividend |
| Tata Mutual Fund declares dividend under monthly dividend option of Regular and Direct Plan of Tata Balanced Fund. |
|
| Date:
29/04/2013 |
| Goldman Sachs sells 1.54 cr shares of United Phosphorous |
| On April 26, Goldman Sachs Investments Mauritius I sold 1,54,25,933 shares of United Phosphorous at Rs 141 on the NSE. |
|
| Date:
29/04/2013 |
| Admirable Advisory buys 54 lakh shares of Himadri Chemicals |
| On April 26, Admirable Advisory Services LLP bought 54,07,850 shares of Himadri Chemicals and Industries at Rs 13 on the NSE. |
|
| Date:
29/04/2013 |
| Reliance Comm hits 13-month high, up 97% in 1 month |
| Reliance Communications' shares surged nearly nine percent intraday to touch a new 52-week high of Rs 101.35 on Monday. |
|
| Date:
29/04/2013 |
| Bearish on FMCG, IT, bullish on banking, telecom: Kotak MF |
| Harsha Upadhyay of Kotak Mutual feels weak business sentiment globally could weigh on order flows for Indian IT companies. He is bullish on banking, where he sees robust earnings growth, and also on telecom, where he sees signs of consolidation. |
|
| Date:
29/04/2013 |
| Need more reforms for excitement to continue: Kotak |
| According to Sanjeev Prasad of Kotak Institutional Equities, the government may need to demonstrate more conclusive reforms for the excitement to continue. |
|
| Date:
29/04/2013 |
| Go short once Nifty breaks 5850: Aditya Birla Money |
| Futures Options market expert, Hemant Thukral, National Head-Derivative Desk at Aditya Birla Money Ltd has been recommending clients that the moment Nifty breaks 5,850 it is heading towards 5,730. |
|
| Date:
29/04/2013 |
| Stage set for mkt to go up; 25 bps cut given: Axis Direct |
| A drop in inflation and commodity prices are reasons enough to expect a 25 bps rate cut on May 3, says Nilesh Shah of Axis Direct |
|
| Date:
29/04/2013 |
| Credit Suisse neutral on ICICI Bank post Q4 earnings |
| Lower growth was visible in the results, as asset and loan growth slowed to 13 percent and 14 percent YoY, respectively, and fees didn’t grow as well, says Credit Suisse as the reason for the neutral rating. |
|
| Date:
29/04/2013 |
| Indian stocks to see some correction in May: Religare |
| Religare expects to see some correction in Indian stocks in May due to macroeconomic headwinds. India treads its own path in May, different from the "sell in May and go away" adage the global markets follow. |
|
| Date:
29/04/2013 |
| See 10% upmove if no early elections: Kotaks C Jayaram |
| C Jayaram of Kotak Mahindra Bank in an interview to CNBC-TV18 says, a 25 basis points repo rate cut has been factored in by the market and only if there are dovish statements from RBI suggesting a further rate cuts will there be some positive impact for the market. |
|
| Date:
29/04/2013 |
| Dont see major upside in ICICI Bank: Religare Cap |
| Private sector banks, including Yes Bank, IndusInd Bank, HDFC Bank and Axis Bank among others, have reported fairly good numbers this earnings season, says Siddharth Teli, MD and co-head, institutional research, Religare Capital Market. |
|
| Date:
29/04/2013 |
| Market near top, book profits: Ambareesh Baliga |
| It has been a good run for the market, though lacking in volume, says Ambareesh Baliga, managing partner-global wealth management at Edelweiss Financial Services. |
|
| Date:
29/04/2013 |
| Go long till mkt dips; bet on Godrej Consumer, IGL: Experts |
| Sudarshan Sukhani of s2analyticals.com, Rahul Mohindar of viratechindia.com, SP Tulsian of sptulsian.com and Ambareesh Baliga, managing partner, Edelweiss Securities advise investors to go long till market dips and bet on Godrej Consumer and IGL |
|
| Date:
29/04/2013 |
| Asian shares edge up; mkts cautious ahead of events week |
| Asian shares crept ahead on Monday, while the dollar lost ground to the yen as markets hunkered down for a busy week for economic data and central bank policy meetings in the euro zone and United States. |
|
| Date:
29/04/2013 |
| Asia trading mixed; Straits Times up, Seoul Composite down |
| At 7: 42 am (IST), Asian markets were trading mixed. Hong Kong's Hang Seng was flat at 22,558.80, Straits Times was up 0.33%, Seoul Composite was down 0.33% and Taiwan Weighted was up 0.21%. |
|
| Date:
29/04/2013 |
| US markets close mixed amid lacklustre trade |
| The US equity markets, stocks finished mixed amidst lackluster trading on Friday. The SP 500 and the Nasdaq snapped their five-day winning streak, after weaker-than-expected economic reports discouraged buying. |
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