- Two-way fungibility of IDRs of Standard Chartered PLC 21 May | 03:23 PM
SEBI has recently permited two way fungibility of IDRs. Standard Chartered PLC have announced the redemption period for IDR holders from May 31,2013 to June 07,2013
- Gold remains in a long term downtrend; Further downsides likely 20 May | 09:19 AM
MCX Gold is in an intermediate downtrend as gold has been making lower tops and lower bottoms for the last several months. With technical indicators giving weak signals, we recommend staying on the sidelines and buying gold only after a further correction towards the next major intermediate supports of 24,992 and 22,965.
- CMC stock price expected to grow better than industry 17 May | 01:13 PM
CMC expects to grow better than industry in FY14 and expects margins to be in the range of 15-17% going forward. Further, it expects the Industry will do better than previous financial year. This is to be driven by Insurance and BFSI and Transportation in the Emerging markets and Hi-tech verticals in the advanced markets. The business from Government is expected to drive in all the markets.
- Demand for gold spurts due to fall in price 17 May | 10:48 AM
Led by 68% YoY increase in investment in gold coin and bar, gold consumption in India increased to US$ 13.5bn in 4QFY13. Even with 5% volume growth in jewellery consumption, gold demand is likely to be lower by 12% year on year.
- Tepid leasing looms over Commercial Real Estate. Outlook Cautious 17 May | 09:57 AM
Leasing activity remains sluggish with 23% drop in net absorption in top 7 cities of India which constitutes 80-85% of India commercial real estate market. Slowdown in absorption in Bengaluru is a cause of concern. Moreover, there is a supply overhang in Lower Parel in Mumbai. Companies are looking to cut rental rates to protect margins. Hence the outlook for 2013 is cautious.
- Buy Crompton Greaves stock between Rs. 95.35 and Rs.90 . Stop loss at Rs 88 15 May | 10:46 AM
This stock has moved withen the channel in last 6 years. The upper channel is at Rs.349 and the lower channel is at Rs.85. Currently this stock is trading at the lower channel. Keep a stop loss of Rs. 88 on the closing basis.
- Inflation hits a 41-month low at 4.9%, 14 May | 05:15 PM
Led by lower than expected food inflation, WPI inflation came down to 4.9%. Food article and manufactured product inflation dipped to 6.1%.
Though lower inflation is a positive, surge in gold imports is a key risk to lower interest rates. We expect another 25bps rate cut in June/July.
- Crude Oil - Technical View 13 May | 11:10 AM
MCX Crude Oil is in a long-term uptrend as it has been making higher tops and higher bottoms since early 2009
- Technical Stock Pick - Hindalco Industries 13 May | 09:47 AM
Buy Hindalco Industries between Rs.106 and Rs. 102 for sequential price targets of Rs.115 and then Rs. 123 in 10 trading sessions keep a stop loss of Rs. 99 on the closing basis.
- Dividend Yield Stock of CNX 500 10 May | 12:04 PM
We present hereunder a table of CNX 500 companies that offer dividend yield of 3.00% and above.
- Buy Shasun Pharmaceuticals at CMP and add on Dips. Place Stoploss of around Rs 80.50 07 May | 03:30 PM
Stock pick Technicals Shasun Pharmaceuticals
- Stock Update on Agro Tech Foods Ltd 07 May | 10:17 AM
Agro Tech Foods is engaged in the business of edible oil business and marketing of food ingredients to consumers and institutional customers
- Technical Stock Pick - ACC Ltd 06 May | 11:50 AM
ACC has formed Engulfing Line Bear pattern on the daily charts which is a bearish indication.
- Technical Stock Pick - Reliance Capital 29 Apr | 09:25 AM
Short Reliance Capital between Rs.347 and Rs. 355 for a price target of Rs.320 and then Rs.297 in one week
- Technical Stock Report - Cairn India Ltd 26 Apr | 12:45 PM
Cairn India had made an intermediate bottom at Rs.268
- Technical stock pick 22 Apr | 05:57 PM
FT has crossed above its downward sloping trend line which is a bullish indication.
- Techno Fundamental Note on Tata Global Beverages Ltd 22 Apr | 11:33 AM
FMCG stock has been in an intermediate decline for the last 3-4 months
- Technical Stock Pick - United Spirits 22 Apr | 09:46 AM
United Spirit has formed Double Top like situation on the daily charts
- Technical Stock Pick - ICICI Bank 08 Apr | 09:29 AM
ICICI Bank has taken support at the black upward sloping trend line which is in effect for last 17 months.
- Technical Stock Pick - HCL Technologies Ltd 05 Apr | 10:52 AM
Technical Stock Pick HCL Technologies limited