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Stock Market Updates for 13 Sept 2016

Stock Market Updates for 13 Sept 2016

Wall Street rallies as traders reassess Fed outlook; dollar slips Trump: Fed kept rates low at Obama’s behest, created ‘false mkt’ Tata Steel Q1 loss widens 10-fold to Rs 3,183 cr, EBITDA up 21% L&T Tech IPO subscribed 18% on day 1 August CPI falls to 5.05%; July IIP contracts by 2.4% Cairn India shareholders approve merger with Vedanta About 10-12% correction could be a buying opportunity: Udayan 14 Analysts say look past today’s fall, buy quality shares on dips How some ‘angels’ use startups to launder black money Nalco’s Q1 net profit dips 26% to Rs 135 cr Indian market will stay expensive, outperform; Robert Parker ICICI Bank to offload another 6% in insurance arm in next 3 yrs L&T Tech aiming for $1 bn revenue by 2021: Group boss Naik STARTUP CORNER: Paytm launches Aadhaar-based KYC process Amazon vs Flipkart: Dream of an Indian e-tailer’s reign dead?   6 FinMin to soon float Cabinet note for merger of railway...
Stock Market Updates for 19 Feb 2016

Stock Market Updates for 19 Feb 2016

Stock Market Updates Sensex at 29K by Dec 2016; no Fed rate increase. LIC, Coal India among top stocks to bet on after tepid Q3 earnings Asia trades lower as Nikkei slides by 2.2%. See no global recession; China won’t hard-land: Goldman’s Cohen. See volume growth below 20% in Q4 FY16: Berger Paints. FM’s cost burden kills the euphoria about good days this Budget season South Korean prosecutors raid VW office in emissions probe. Recognized 50% of NPAs in asset quality review in Q3: SBI. United Breweries, SpiceJet, Gayatri Project, PNB are the stocks in news. David Cameron talks through night in Brussels, EU digs in heels. RBI, Sebi to extend currency futures trading time. Gayatri Projects up 5% on arm’s PPA with Telangana power discoms. MFs bullish on IT stocks; exposure at record high. ‘India Inc still reluctant to integrate women in workforce’. See 30% returns from India post EMs sell-off: Wells Fargo. Not right time for bullet train in country, said by Sreedharan. Twitter goofs up on location service; shows Jammu in...
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