April 13, 2015 17:31 (IST)
Ambit is also bullish on the auto ancillary sector, which supplies parts to auto companies. Most auto players are planning to lunch new models in the near future, which will increase demand for auto components and help the auto ancillary sector.
April 09, 2015 09:42 (IST)
The veteran investor said that the Indian markets are in a situation where valuations have become expensive and global macros are also changing in terms of interest rates moving north, hence equities are seeing consolidation.
April 06, 2015 13:09 (IST)
The head of private client group business at Nirmal Bang Securities said the performance of the Indian markets in the short term would be dependent on the corporate earnings.
April 01, 2015 15:31 (IST)
The government is likely to exempt oil producers ONGC and Oil India from payment of fuel subsidy in the fourth quarter ending March 31, a senior Petroleum Ministry official said recently.
April 01, 2015 10:53 (IST)
Ambit expects GDP growth in India with be around 7.5 per cent in FY16 as compared to the government's projection of between 8 per cent and 8.5 per cent.
March 31, 2015 11:24 (IST)
Banking stocks, which had led the market rally in the early part of this year, is showing significant weakness and may not support the market rally going forward, said Mr Narayan.
March 30, 2015 12:47 (IST)
Sashi Krishnan, chief investment officer of Birla Sun Life Insurance, says the recent correction offer interesting opportunities for long-term investors in the IT, pharma and banking stocks.
March 27, 2015 14:46 (IST)
Mr Manghnani said, in last bull market from 2004-2007, Nifty had three to four major corrections. And in most of these corrections it had bounced back from its 50-week or 200-day moving average.
February 19, 2015 18:59 (IST)
New projects are expected to revive the demand for bank loans.
February 16, 2015 14:23 (IST)
Archies reported disappointing third quarter results on Friday as its net profit fell 32. 87 per cent to Rs 1.45 crore, compared to the same period last year.
February 13, 2015 15:42 (IST)
SpiceJet is selling one-way air tickets for as low as Rs 599 (all-inclusive), making it the cheapest offer announced so far this year.
February 12, 2015 11:05 (IST)
While delay in recognising bad loans removes the pressure on banks to promptly deal with the problem, the situation worsens going forward, which is getting reflected in the asset quality of banks, he added.
January 30, 2015 13:48 (IST)
Atul Bhole, a fund manager at Tata Mutual Fund, says consumer sentiment will improve specially in urban India due to the better job growth, salary increments and lower inflation.
Reported By: Siddharth Vinayak Patankar | January 25, 2015 13:38 (IST)
On the economy front Mr. Mahindra believes that green shoots have started to appear, with even his own group's construction business finally starting to receive fresh orders. But he will look to the Modi government and Finance Minister Arun Jaitley in particular to take a reform-a-day approach rather than delivering any big bang with the Union Budget in February.
January 16, 2015 15:12 (IST)
SpiceJet co-founder Ajay Singh is returning to rescue the struggling carrier he sold nearly four years ago. Mr Singh, who helped found SpiceJet in 2005, has agreed to take control of the ownership and management of the airline from its majority owner Kalanithi Maran.
January 09, 2015 11:30 (IST)
Suhas Harinarayanan, executive director of institutional equity research at JM Financial Securities, is also positive on Indian markets though he expects muted earnings in the next few quarters.
January 08, 2015 11:29 (IST)
Crude oil prices have corrected by over 50 per cent from their highs in 2014. The WTI crude, a benchmark of oil prices in the US, crashed from a high of nearly $110/barrel in June 2014 to below $50/ barrel earlier this week.
January 07, 2015 14:39 (IST)
The BSE Sensex crashed nearly 900 points on Tuesday, its worst one-day drop in over five years. Global factors such as the continued slide in crude oil prices and concerns about Greece exiting eurozone triggered the slide in domestic markets, analysts say.
December 30, 2014 13:34 (IST)
The fund house expects Indian stock markets to give 15-18 per cent returns annually over the next 3-4 years.
December 25, 2014 10:33 (IST)
The sharp fall in crude oil prices has also contributed to the strong rally in Liberty Shoes. A lot of raw materials used by the footwear industry are derived from crude oil and prices of these raw materials have come down tracking the crash in crude oil prices.