Currency De-monetization ... A Game Changer! - Reliance Sec

De-monetization of Rs500 & Rs1,000 notes may prove to be a game changer for Indian banking sector. Currently, currency in circulation is ~12.5% of GDP, which is one of the highest amongst comparable economies. There are Rs16.4 trillion notes in circulation out of which 86.4% are in Rs500 & Rs1,000 denominations. Notably, major chunk of these notes are currently out of the ambit of banki

12/11/2016 2:31:15 PM | Posted in Broking Firm Views - Sector Report read full news
Heading to a Bank/ATM Cash? Here Are things to know - DynaminLevels

Keep these points in mind while heading towards ATMs and banks:

* Old Rs.500 & Rs.1000 notes haven’t completely been flushed out from the ATMs. Be patient.

* If you have an SBI (SBI share price -2.61%) account, there's some relief. SBI's cash deposit machines have begun accepting up to Rs.50,000.

* ATMs shall only

We maintain our buy rating on Lupin Ltd by Ms. Sarabjit Kour Nangra - Angel

Below is the views on Lupin Limited 2QFY2017 Results By Ms. Sarabjit Kour Nangra (VP Research- Pharma, Angel Broking Pvt Ltd)  

“Lupin posted results lower than expected it posted sales of INR 4,212cr V/s INR 4,300cr expected, registering a YoY growth of 32.5%, mainly aided by exports. The sales growth was driven by Formulations sales (INR 3,919.3cr), posti

India inflation likely cooled in October, raising rate cut chances: Reuters poll

Inflation in India likely cooled further in October, increasing the chance of another interest rate cut from the Reserve Bank of India, a Reuters poll found.

However, elevated food prices men the consumer price index, due to be released at 1200 GMT on Tuesday, is unlikely to fall below the central bank's medium-term target anytime soon.

The median consensus from the Reut

Focus Wiil Now Shift Toward Fed Policy - Angel Broking

Below is the views on Focus Wiil Now Shift Toward Fed Policy By Mr. Dinesh Thakkar (Chairman& Managing Director, Angel Broking):

“Global markets have been volatile over last few weeks based on US opinion poll results. Today with Donald Trump’s victory, that uncertainty has gone, however markets will keep tracking any news coming on the policy front fro

Keep a watch on HCL Tech, ITC, Tata Motors and Tech Mahandir which have seen in long build-up - Trade Smart Online

Below is the views on Weekly Market Quote by Vijay Singhania, Founder-Director, Trade Smart Online, a leading discount brokerage firm.

"Global sentiments will continue to dominate market sentiments in the coming week. In the coming week, the outcome of US presidential elections of 2016 will have a bearing on global stocks, including India, w

Cyrus Mistry stays Chairman of Group units, Tata splits - Dynamic Levels

Ratan Tata replaced Cyrus Mistry on the top of the holding company of nation’s largest conglomerate in a single board meeting. Expelling Mistry from the boards of more than 10 companies in the group won’t be easy. A week after the coup at Tata Sons, Mistry stays chairman and non-executive director of Tata Motors, owner of Jaguar Land Rover; Tata Power and Indian Hotels, which runs t

Note on Gold ETF by Mr.Chirag Mehta - Quantum AMC

Below is the views on Gold Outlook by Mr. Chirag Mehta  Senior Fund Manager - Alternative Investments Quantum Gold Fund, Quantum Gold Savings Fund, Quantum Multi Asset Fund & Quantum Equity Fund of Funds

Buying gold jewellery shouldn’t be confused with investing in gold. Increasing awareness on the drawbacks of physical gold as an investment option has

Mistry effect: Tata lose 55,000 cr in market cap in 3 days - Dynamic Levels

Tata group stocks lost a combined Rs.55,000 cr in market value in the last 3 days after ousted Cyrus Mistry, Tata Sons chairman, warned the group that it may have to write down about 2/3rd of its net worth due to its 5 unprofitable businesses. On Thursday, all group stocks, encompassing cash cow TCS - Tata Consultancy Services, opened in the ‘red’ after the contents of the email wri

Cyrus Mistry: Tatas staring at $18 billion in writedowns - Dynamic Levels

In a novel missive to the Tata Group, ousted Cyrus Mistry (chairman) warned that the tea-to-software behemoth may be staring at 18 billion dollars in writedowns due to five unprofitable businesses he inherited. Mistry, who had been Tata’s chairman for close to 4 years, was abruptly removed from his role on Monday for non-performance without an opportunity to defend himself, the executive

Idea, Airtel Q2 below expectation; is it Jio effect? - Dynamic Levels

Ever since its commencement, Jio did not fail to amaze us for even a day. From free voice call to free internet- users have been thoroughly amazed by the telecom service provider. As per the latest news all Jio subscribers will have free data till the end of 2016. However some sources feel that in order to reach a customer base of 100 million, Jio might extend the offer to March 2017.

Ratan Tata back in saddle as the interim Chairman by Mr Ajay Bodke - Prabhudas

"What would provide reassurance to the market is the fact that Mr. Ratan Tata is back in saddle as the interim Chairman as also the tight deadline of four months given to the Selection Committee by the Board of Tata Sons. Also, the Selection Committee comprises of venerable corporate leaders. After the initial wobble the group's shares should stabilize in my view.

As the indi

We maintain our Accumulate rating on HDFC Bank Ltd by Mr. Siddharth Purohit - Angel

Below is the views on HDFC Bank Limited 2QFY2017 Results By  Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking Pvt Ltd ) 

“HDFC Bank reported a steady set of results for the quarter. PAT grew by 20.4% YoY to INR 3455 cr. Loan growth witnessed some moderation during the quarter and was up by 18.1%, lower than 23.3% it had r

We maintain our Neutral rating on Dr.Reddy's Laboratories Ltd by Ms. Sarabjit Kour Nangra - Angel

Below is the views on Dr.Reddy's Laboratories Ltd 2QFY2017 Results by Ms. Sarabjit Kour Nangra (VP- Research IT, Angel Broking Pvt Ltd)

“Dr Reddy’s Lab posted results lower than expected on net profit front, while the sales were marginally higher than expected and operating profits, much lower than expected. In rupee terms, the consolidated revenues; c

Traders should use any dip or pause to accumulate fundamentally sound counters - Religare Sec

Below is the views on weekly technical recommendations by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd 

Markets witnessed a swift recovery in the passing week and gained over a percent amid mixed cues. The week though started on the disappointing note, citing feeble global markets and lower guidance from the IT majors. Sentiments gr

Your Card is Blocked after Data Breach, is the Money Safe? - Dynamic Levels

Indian banks carried out the country's largest-ever card replacement move after a massive figure of 3.2 million accounts were compromised in an elephantine data breach that was found to have stemmed from China. Many top banks in the country, including national lender SBI and others - HDFC Bank, YES Bank, ICICI Bank, and Axis Bank were among those hit. While there has been a proactive measur