July 29, 2014 10:07 (IST)
If interest rate in the US rises, then the Reserve Bank will find it difficult to cut rates because the rate differential between the two countries will reduce, which may result in some money flowing out of India's bond and equity markets.
July 25, 2014 17:41 (IST)
Hitesh Shah of IDFC Securities says despite its size TCS, remains the fastest growing IT services company in the offshore space and to that extent the premium valuation of TCS is justified.
July 22, 2014 17:38 (IST)
The Indian rupee touched an all-time low of 68.85 in August last year and since then it has recovered to 60 levels. But forex expert AV Rajwade is of the view that rupee should depreciate to 70 per dollar to spur export-driven growth in India.
July 22, 2014 08:21 (IST)
Phase two is the best time to step in and buy some good quality business, said Mr Damani. He is specifically bullish on logistics and media space.
July 19, 2014 11:58 (IST)
According to Mr Bose, the Nifty is likely to see selling pressure in the range between 7,689 and 7,710. The 7,600 strike put option of Nifty has added 1.2 million shares in open interest and the 7,700 strike call in Nifty has seen 1.04 million open interest getting added, which suggests that traders are not expecting Nifty to go above 7,700 and fall below 7,600, he added.
July 19, 2014 11:58 (IST)
Investment bank Ambit Capital believes that India is at the beginning of a "fourth wave" of economic growth and investors in the initial years could gain handsomely.
July 14, 2014 18:38 (IST)
Sunil Singhania, CIO of equity investments at Reliance Mutual Fund, expects more specific measures to be announced going forward from the Modi government.
July 07, 2014 16:53 (IST)
Retrospective tax demands slapped on multi-national giants like Vodafone, Nokia, Shell, etc. have deterred investors from looking at India as a favourable destination.
July 05, 2014 13:21 (IST)
Manufacturing contributed 15 per cent to India's GDP in 2011-12, but declined to 13 per cent by 2013-14. The sharp slowdown in the sector led former Finance Minister P Chidambaram to describe manufacturing as the "Achilles' Heel of the Indian economy".
July 05, 2014 12:31 (IST)
Market veteran Ajay Bagga says Finance Minister Arun Jaitley has to look for "innovative" solutions in the budget to raise resources given the "very poor" state of the government finances and the limited room to cut subsidies.
July 03, 2014 19:20 (IST)
Mr Jaitley speaking at an event in Delhi a few days ago had said that "there is hope that bold decisions will be taken now."
July 01, 2014 12:29 (IST)
Most analysts say Mr Jaitley should bring down subsidies, which accounted for 2.2 per cent of GDP in 2013-14, to achieve fiscal consolidation. However, there is little scope for the government to reduce the food subsidy given the fact that it has to adhere to the Food Security Act.
July 01, 2014 12:20 (IST)
The government last week, in a relief to car buyers, extended the excise duty cuts that were implemented by the earlier government in February till December 31, 2014. The excise duty cut was set to expire on June 30.
June 30, 2014 14:39 (IST)
Prabhudas Lilladher believes KPTI's margins will improve in SAP segment as the company starts getting projects at better pricing and with annuity revenue in SAP.
June 28, 2014 11:13 (IST)
Partha Bhattacharya, former chairman of Coal India, says the government should open up the coal sector to attract players for bringing in specialised mining skills.
June 27, 2014 16:48 (IST)
Nifty faces an uphill task of rising 100-120 points above its all-time highs of 7,700 without major Budget announcements, says Mr Bose. However, if it is a big-bang budget like the one of 1997, the markets could see a big rally, he added.
June 24, 2014 14:55 (IST)
On Tuesday, the Nifty was trading close to 7,600 levels.
June 19, 2014 15:34 (IST)
The Indian economy is exposed to "shocks" on account of high fiscal deficit and the country's credit outlook will depend on government's initiatives in the next month's budget to contain expenditure and reduce exposure to global commodity prices, rating agency Moody's said on Thursday.
June 18, 2014 19:57 (IST)
The auto industry has been grappling with prolonged slowdown. Car sales in India fell for the second consecutive fiscal in 2013-14 with a drop of 4.65 per cent at 17,86,899 units as compared to 18,74,055 units in the previous fiscal.
June 17, 2014 14:40 (IST)
After hitting the new peak of 25,735 in the past week, the progress of Sensex has stalled amid concerns over Iraq crisis and a spike in inflation levels and weak monsoon. But for Saurabh Mukherjea, CEO of Institutional Equities at Ambit Capital, these are just short-term jitters for Sensex which, he says, is poised to touch 30,000 levels by year-end.