Archive for May, 2015
05/26/2015
In our interaction, mgmt sounded optimistic on growth with rising share of protect non par likely to aid margin expansion. Proactive vaccination and digital enablement of sales force is helping growth. Lagged wave-2 claims are tracking co. estimates and June Not much repricing pressure from reinsurers currently. We lift VNB est. by 7-9% and raise
Buy these IT, pharma stocks with strong support on charts; Nifty’s short term trend remains negative
05/26/2015
By Nagaraj Shetti After showing higher level weakness on Tuesday, Nifty shifted into a smart upside recovery after opening lower on Wednesday and closed the day lower by 39 points. A small positive candle was formed with minor upper and lower shadow and Wednesdays opening downside gap has been filled completely. This action signals the
05/26/2015
Nykaa shares made a stellar listing on the stock exchanges today, despite the overall weak market momentum. Shares of Nykaa opened for trading at Rs 2,001 apiece, up 78% or Rs 876 per share from the issue price of Rs 1,125 per share. After a few hours into trade, Nykaa shares surged 12 per cent
05/26/2015
Around Rs 11,000-crore investment made between 2010 and 2017 by the Employees While ILFS and Reliance Capital have defaulted on paying principal and interest obligations totaling to Rs 868 crore, as on September this year; securities issued by Yes Bank, IDFC First Bank and Indiabulls Housing have been downgraded between May 2019 and February 2020.
05/26/2015
Bloomberg: Tesla Inc. kept gaining users in China last month, with registrations of its electric vehicles jumping to a record in the world In June, 14,976 China-built Teslas were registered in the country, according to data from state-backed China Automotive Information Net. That While the broader Chinese auto market is recovering slowly from a two-year
05/26/2015
Nifty futures were trading 27.50 points or 0.15 per cent up at 17,948.50 on Singaporean Exchange, suggesting a positive start on the day of weekly FO expiry. Investors will closely watch the July-September quarter earnings, oil prices, the outcome of US Fed MPC, foreign fund flows, rupee movement against US dollar, and other global cues.
05/26/2015
Europe6 million in Chennai-based agri-commerce company WayCool Foods. The investment will be used to accelerate and leverage deep tech and automation at WayCool to enhance its efficiency multi-fold.Luca Torre and Agustin Vitorica, Co-CEOs, GAWA Capital, said: Farmers increase their income, kirana stores can improve their offering and low-income consumer have access to more nutritious food
05/26/2015
By Harshita Tyagi Despite witnessing increased volatility after two days of strong momentum, benchmark indices managed to close the day on Thursday in gains for the 3rd consecutive session. While Nifty and Sensex closed with gains of around 0.3%, the broader market outperformed with the midcap index up 0.6% and smallcap index gaining 1.2%. Benchmark
05/26/2015
By Gaurav Garg Nifty 50 has toppled around 3%, last week, from all-time highs which should be considered a healthy correction. In bull markets like these, a 3-5% correction is healthy for the long-term uptrend of the market. I expect the markets to be sideways in the coming few weeks with negative bias. However, Bank
05/19/2015
A passenger service staff member at Singapores international airport is one of the two vaccinated cases who have tested preliminarily positive for the new Omicron variant of the coronavirus, the health ministry has said. The local case is a 24-year-old Singaporean woman who worked in the transit holding areas of Changi Airport Terminal 1 and
