Subscribe On Reliance Nippon Life Asset Management Ltd - Asit C

Company Background

Incorporated in 1995, Reliance Nippon Life Asset Management Ltd (Reliance Nippon) is a Mumbai-based asset management company. The company has a market share of more than 11.4% in mutual funds offerings in India. Reliance Nippon is the second most profitable asset management company in India.

The company is promoted by Reli

Rising demand of Boutique luxury homes

Bigger isn’t necessarily the better in the battle for the ultra-luxury condominium buyers, which gives impetus to the niche segment of boutique luxury – homes which focus on quality, personalised preferences and customised décor.There is a rising segment of UHNWIs who are attracted to luxurious and unique properties that have character, class and are nestled in some of the to

We expect the index to gyrate within the range of 10250 – 10100 - Angel Broking

Below Is View On the Daily Market Wrap Up by Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking Pvt Ltd)


“After four days of holiday, our markets kick-started the week with a gap up opening and reclaimed the 10200 mark in the initial trade; recovering all losses from Muhurat trading day. However, once again a bout of

Niche positioning to unleash high growth rates - ICICI Sec

South-based private sector banks are poised to register accelerated earnings growth going ahead as we believe asset quality ratios for most of them have peak out at current levels and loan growth is likely to revive after remaining muted over the past couple of years. Niche positioning in the respective home states, expertise in small-ticket loans to the self-employed segment and impeccable rel

Instant View: China`s third quarter GDP grows 6.8 pct y/y, in line with forecasts

BEIJING  - China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy.

While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would s

Festive cheer eludes realty sector

 Much against the expectations of the real estate sector, this year's festive season is turning out to be somewhat disappointing for property developers as aspiring home buyers are extra cautious about investments in the backdrop of the slowing economy and unstable realty sector, hit by the short-term impact of the Real Estate Regulation Act (RERA) and the Goods & Services Tax (GST

Bajaj Auto`s reported revenue growth of 8.7% to INR 6,580cr - Angel Broking

Below Is the View On Bajaj Auto 2Q numbers suggest recovery:  Mr. Shrikant Akolkar (Research Analyst- Automobiles, Angel Broking Pvt Ltd)

Bajaj Auto’s reported revenue growth of 8.7% to INR 6,580cr, PAT declined by 1% YoY to INR 1,112cr. EBITDA was flat at INR 1,298cr as margins declined by 168bps YoY to 19.7%. On sequential basis however the numbers have shown improvement

Diwali Picks - Technical October 2017 - Kotak Securities Ltd


Nifty has rallied as per expectations, to the levels of 10200. However, initially Nifty fell to extreme levels of 7893 due to "Demonetization".

For Samvat 2074, we are expecting the market to correct first due to weak structure on weekly charts. However, for Samvat 2074, we are projecting target of 11850. In the past (since Oc

Economy to benefit as the new tax mechanism stabilizes - Motilal Oswal

GST: A change for the better

Economy to benefit as the new tax mechanism stabilizes

We hosted a conference call with Mr Pratik Jain (partner and leader indirect tax at PWC India) to understand his views on how Goods & Services Tax (GST) transition has been absorbed by the economy post its implementation i

Diwali Outlook by Mr Yogesh Mehta ,VP- Retail Research - Motilal Oswal

Below the views on Diwali Outlook by Mr. Yogesh Mehta, VP-Retail Research, MOSL :


Before we enter to New Samvat, let’s have a relook in Samvat 2073. Last year has shown fireworks and set various new records in terms of clocking single day highest ever turnover of 15Lakh crores, Indices made new life high of 10179, change in

17/10/2017 1:49:33 PM | Posted in Diwali Expert Views read full news
There has been no stopping for our markets; but being the festival week - Angel Broking

Below Is the View On Daily Market Wrap Up by Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking)

Merry days continue for our markets as we saw fresh record highs in the initial part of ‘Diwali Week’. The opening was clearly influenced by the cheerful global bourses; but it was then entirely driven by the strong ongoing optimism. In the course of acti

We expect returns in Samvat 2074 to moderate - Kotak Securities Ltd

Going ahead, in Samvat 2074, we expect the Government to focus on effective measures to accelerate economic growth. Post the implementation of the GST, there are signs that the business is coming back on track. Signs of recovery are visible in Auto sales and exports in the economy. Services sector activity in India expanded for the first time in three months in September, providing another set

16/10/2017 3:09:14 PM | Posted in Diwali Expert Views read full news
Equity indices to follow quarterly results, macro-data

With the Nifty50 already at record high levels ahead of the onset of the festive season, market observers feel that the ongoing quarterly results season, along with the release of some key data points, are expected to guide the movement of key Indian equity indices next week.

"Keeping aside geo-political issues, which have been on and off, all eyes will be on the Indian indices a

Expert Views: India`s consumer inflation eases to 3.28 percent in September

India's annual consumer inflation marginally eased to 3.28 percent in September from a year ago, government data showed on Thursday.

Analysts polled by Reuters had expected retail inflation to edge up to 3.60 percent last month from 3.36 percent in August.

India's industrial output grew 4.3 percent in August from a year earlier, government data showed.


Will a India-EU trade breakthrough happen?

It was a summit based on huge expectations on both sides, the first between the leaders of India and the European Union since Brexit. The meeting was rich in symbolism, marking 55 years of diplomatic relations between the world's two largest democracies. Political goodwill and determination to overcome road blocks were evident in the body language and statements emanating from the leaders,

September inflation seen at six-month high on GST, public sector pay rise: Reuters poll

BENGALURU - India's retail inflation edged up in September, driven by higher salaries of government employees as well as the impact of the Goods and Services Tax (GST), a Reuters poll found, a development that would make further monetary policy easing unlikely.

Consumer inflation is forecast to have risen to 3.60 percent in September from a year ago, above August&

Economy will bounce back, but what about job creation

Since the latest growth numbers have come in showing a consistent deceleration in Indias real gross domestic product (GDP) over six consecutive quarters, a cacophony of concerned voices have been heard. The din of criticism both from within and outside the government has grown so loud that Prime Minister Narendra Modi himself has had to intervene in order to defend his economic record. This war

Federal Bank Outperformer By LKP Securities Ltd

Incorporated in the year 1949, Federal Bank Limited is a major commercial private sector bank headquartered at Aluva in Kerala. With a vision of being the ‘Most Admired Bank’ which is digitally enabled, there is a sharp focus on Micro, Medium and Middle market enterprises. Out of the total 1252 branches in India, the southern states make up for 878 branches indicating a strong footh

Moody`s assigns Ba1 rating to GMR`s Hyderabad Airport

Moody's Investors Service has assigned a first-time corporate family rating of Ba1 to GMR Hyderabad International Airport Limited (GHIAL) and the outlook for the rating is stable. GHIAL has a long-term concession to operate Hyderabad airport, which is one of the leading airports in India. "The Ba1 corporate family rating primarily reflects GHIAL's strong market position and its str

Indigo`s FY17 annual report highlights PBT declining 24% to INR21.4b due to weak - Motilal Oswal


INDIGO’s FY17 annual report highlights PBT declining 24% to INR21.4b due to weak operating performance. PBT was, however, supported by higher other income at INR7.9b, 37%of PBT). Further, deferred incentive recognized increased to INR5.3b (FY16:INR3.6b).Operating cash flow improved to INR37.7b (FY16: INR30.0b) due to rise

July-September 2017 Quarterly Preview - Prabhudas Lilladher

Quarterly Preview

Ghost of demonetisation and GST to haunt Q2FY18 results

PL universe to have a better Q2FY18 with 15.3% increase in revenue and 12.6% increase in net earnings. The growth is mainly driven by good performance coming from three sectors, Metals with a 24.7% revenue growth and 170.1% PAT growth, O