By Saikat Chatterjee
HONG KONG - Sentiment at some of the biggest companies across Asia brightened in the first quarter of 2016, rising from a four-year low registered three months prior, as executives bet on economic improvement in China, a Thomson Reuters/INSEAD survey showed.
3/23/2016 11:50:22 AM
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- Optimism for the coming six months among Asia-Pacific's biggest firms picked up in the first quarter of 2016, tempered mainly by concerns about declining demand in China and excessive currency volatility, a Thomson Reuters/INSEAD survey showed.
The poll of 97 companies yielded a Thomson Reuters/INSEAD Asian Business Sentiment Index of 65 for January-March, from 5
Below is the view on Weekly technical recommendations by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd.
Nifty finally managed to surpass the key hurdle of 7600 in the passing week, thanks to supportive cues both from domestic and global front. All eyes were on the US Fed from the beginning and they announced widely expecte
Below is the view on US Fed Policy Announcement - Likely trajectory of Indian Market by Ajay Bodke, CEO - Portfolio Management Services, Prabhudas Lilladher Ltd
?"By reconciling to the Street View of only 2 rate increases in 2016 instead of its previous indication of 4 increases in Dec 2015, the Fed has acknowledged that eve
Below is the view on WPI and CPI data by Jay Shankar, Chief India Economist & Director, Religare Capital Markets Ltd
The Wholesale Price Index (WPI) based inflation remained flat in Feb’16 at -0.9% (was -0.9% in Jan’16).
CPI is more of an inflation indicator on the radar of policy makers, even though it is WPI that is m
SINGAPORE - Singapore's non-oil domestic exports likely declined in February, a Reuters poll showed, underscoring the headwinds the city-state's economy faces from sluggish global demand.
Non-oil domestic exports in February fell 2.6 percent from a year earlier, according to the median forecast in the survey of 13 economists.
Below is the view on Weekly technical recommendations By Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd.
Markets spent the entire week in a range and closed almost flat, in absence of any major events. However, global developments and some policy announcements by the government, helped traders to find opportunities and kept them
By Sumanta Dey
BENGALURU - The Reserve Bank of India will wait a month to cut interest rates again, according to economists in a Reuters poll who mostly said New Delhi's latest fiscal deficit target looked optimistic.
Finance Minister Arun Jaitley committed to fiscal discipline in his Feb 29 budget, lowering the deficit target furt
Below is the view on Today’s Market Quote By Vijay Singhania, Founder Director, Trade Smart Online.
“It’ll take at least a session or two for markets to digest the Union Budget announcements. Volatility will continue to keep traders on edge on account of global factors. The key levels are intact in Nifty and so is our negative view. We s
MUMBAI/NEW DELHI - Indian Finance Minister Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programmes in a strategy shift that could boost his ruling party in coming state elections.
ATSI SHETH, ANALYST, MOODY'S INVESTORS SERVICE
Below is the view on Weekly Market Quote by Mr. Vijay Singhania, Founder-Director, Trade Smart Online
"Union Budget 2016-17 to dictate sentiments next week.
All eyes glued on the Union Budget, market participants will react strongly to the event on Monday as everybody is hoping for some concrete steps from
Below is the view on the recent RBI tightening of SDR norms by Mr. Parag Jariwala, VP – Institutional Research, Banking and Financial Services, Religare Capital Markets Ltd
RBI has tightened SDR norms yesterday late evening (IST). Key highlights are given below.
Summary and our view:
MUMBAI - India's economy will grow by between 7.0 percent and 7.75 percent in the 2016/17 fiscal year that starts on April 1, the Economic Survey said on Friday, ahead of the presentation of the annual budget by Finance Minister Arun Jaitley on Monday.
India should also review its medium-term fiscal strategy, the government report recommended, an i
Below is the view on Ceat Ltd 3QFY2016 Results by Mr. Bharat Gianani (Sr. Research Analyst - Automobile, Angel Broking Pvt Ltd)
“Ceat Ltd 3QFY2016 results were marginally ahead of estimates. Ceat consolidated revenues, expectedly declined 3% YoY to INR 1,380 cr. Subdued export sales coupled with increasing imports from China in the commercial vehicle segment
Below is the view on Sun Pharmaceutical Industries Ltd by Ms. Sarabjit Kour Nangra (VP Research - Pharma, Angel Broking Pvt Ltd)
Sun Pharmaceuticals (CMP: INR 848/ TP: INR 950 / Upside: 12.0%)
“Sun pharmaceuticals posted results much better than expected on the OPM front. The company posted sales of INR 70
Below is the view on Hero MotoCorp Ltd 3QFY2016 Results by Mr. Bharat Gianani (Sr. Research Analyst - Automobile, Angel Broking Pvt Ltd)
“Hero MotoCorp 3QFY2016 results were marginally ahead of estimates. Revenues expectedly grew 7% YoY to INR 7,295 cr. Volumes grew marginally 3% YoY led by the festive demand. Realisation per vehicle grew 4% YoY mainly due t
Below is the view on on Mahindra and Mahindra Ltd (M&M) 3QFY2016 Results by Mr. Bharat Gianani (Sr. Research Analyst - Automobile, Angel Broking Pvt Ltd)
“M&M 3QFY2016 numbers were below estimates given the lower than estimated margins in the tractor segment and higher depreciation charge. For (M&M+MVML), revenues grew 15% YoY to INR 10,466cr (sl