Expert Views: Retail inflation cools to five-year low of 3.17 percent in January

MUMBAI - India's annual consumer price inflation eased to 3.17 percent in January, its lowest level in at least five years, helped by a sharp cooling in food prices, government data showed on Monday.

Economists polled by Reuters expected last month's annual retail inflation to come in at 3.22 percent, compared with 3.41 percent in December.

Food infl

RBI to keep watch on long-term data for rate cuts: HDFC CEO

The Reserve Bank of India (RBI) will keep a close watch on certain data like crude oil prices, US economic data and monsoon, to consider a future cut in its lending rates, Vice Chairman and Chief Executive Officer of HDFC Keki Mistry said.

“There are three-four sources of data that the RBI would keep looking at — they would look at how crude prices progress, at how the mon

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

Below is the views on Lupin Limited 3QFY2017 Results by Ms. Sarabjit Kour Nangra (VP- Research IT, Angel Broking Pvt Ltd) 

Lupin (CMP: INR 1,488 / TP: INR 1,809 / Upside: 21.6%)

“Lupin posted results much better than expected on sales and OPM front. In sales the company posted sales of INR 4,110cr V/s INR 4,000cr expected a YoY gr

RBI has gone in a ‘Wait and Watch’ mode by Mr. Mayuresh Joshi - Angel Broking

Below is the views on the Sixth Bi-Monthly Monetary Policy by Mr. Mayuresh Joshi (Fund Manager, Angel Broking)

“The MPC of the RBI kept rates unchanged citing concerns emanating from spiralling crude prices, spill over effects from rising global food prices and the repercussions if any, of western policies/policy decision making that

RBI left the Repo rate unchanged at 6.25% despite lowering its inflation outlook and GDP growth projections by Mr Arvind Chari - Quantum AMC

Below is the Quote on RBI Monetary Policy by Mr. Arvind Chari, Head-Fixed Income & Alternatives, Quantum Advisors

“RBI left the Repo rate unchanged at 6.25% despite lowering its inflation outlook and GDP growth projections.  There seems to be a greater concern on global oil and commodity prices and thus its indicates to us that there is

Dove is not even hopping, forget about flying! - Motilal Oswal

Below is the views on RBI policy by Mr. Motilal Oswal, Chairman & MD, Motilal Oswal Financial Services Ltd 

RBI Guv once again decided not to bite the bullet. This is now becoming extreme dovish stance from RBI. ​ ​

Cut of 25 bps was widely expected and would have uplifted the sentiments. At this juncture, post long stint of shrinking econo

Expert views: RBI keeps policy rate on hold

The Reserve Bank of India (RBI) kept its repo rate on hold at 6.25 percent for a second straight policy meeting, opting to wait for more clarity on inflation trends and on how a radical crackdown on "black money" is impacting economic growth.

The RBI monetary policy committee on Wednesday voted 6-0, its third unanimous decision in a row since being established in September.<

The shareholders of Tata Sons voted to remove Cyrus Mistry from the Directorship of Tata Sons by Mr. Vaibhav Agrawal - Angel Broking

Below is the views on legal battle between the two sides by Mr. Vaibhav Agrawal (Head of Research and ARQ):

“In its EGM on 06th February 2017, the shareholders of Tata Sons voted to remove Cyrus Mistry from the Directorship of Tata Sons. The decision was a foregone conclusion as the Tata Trusts own 66% in Tata Sons and Tata group companies hold another 15%. Tata

The RBI shall have a positive effect on the markets by of Mr. Mayuresh Joshi - Angel Broking

Below is the views on rate front by the RBI shall have a positive effect by Mr. Mayuresh Joshi (Fund Manager, Angel Broking):

“The Indian markets continued their upward spiral and crossed levels of 8800 levels on the Nifty amidst reasonable global cues and respite on the earnings front so far in spite of the demonetisation fears. The markets are keenly

Rupee to weaken to record low over the coming year - Reuters poll

By Krishna Eluri

BENGALURU - India's rupee will reverse recent gains and sink to a record low in the coming year on expectations for a rise in the dollar even though U.S. President Donald Trump has made clear his dislike of a strong currency, a Reuters poll found.

The rupee has appreciated more than 1 percent so far this year, with most of those gai

Statutory reserve decision avoids Indian AT1 market pain: Fitch Ratings

The Reserve Bank of India's decision to allow Indian banks to use their statutory reserves to pay coupons on Basel III Additional Tier 1 (AT1) instruments avoids potential damage to sentiment in India's domestic AT1 market, which would have made it even harder for banks to raise the large amount of new capital that they require over the next two years, says Fitch Ratings.

The

Budget provides leeway to increase power demand, wanting in tackling stressed assets: Experts

The problem of subdued power demand ailing the thermal as well as renewable energy sectors was addressed by Union Finance Minister Arun Jaitley in his budget proposals for fiscal 2017-18 on February 1, but there is no "direct, head-on tackling of stressed power assets", experts say.


Jaitley said the country was well on its way to achieving 100 per cent village electr

Things look favorable for further up move but caution is advisable by Mr. Jayant Manglik - Religare Sec

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

Nifty maintained its upward movement in the passing week as well and gained over a percent, encouraged by no negative surprises in the much awaited Union Budget. Besides, favourable earnings announcements on domestic front and s

In line with our overall view,the outlook for Bank NIFTY continues to remain positive by Mr. Rakesh Tarway - Reliance Sec

Below is the views on Weekly Market Outlook by Mr. Rakesh Tarway, Head of Research, Reliance Securities

‘NIFTY ended last week up by 1.2% as they saw some profit booking ahead of the budget on the first two days, but a sharp up move post budget set the tone for broader market movements and high beta sectors like PSU Banks and Realty gained by 6.5% and 5% respect

Wall Street stands with two Fed-hike outlook for 2017 - Reuters poll

NEW YORK - Wall Street's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace of monetary policy tightening, a Reuters poll showed on Friday.

The poll of primary dealers - the 23 banks that do business directly with the Fed - indicated none expect th

Global bank rating trend still negative in 2H16, says Fitch Rating

Global bank rating trends were negative again in 2H16 as downgrades outnumbered upgrades for the fifth consecutive six-month period, says Fitch Ratings. Again, there was a significant number of rating changes - we changed 62 bank Issuer Default Ratings (IDRs) in 2H16 following 65 revisions in 1H16.

Emerging markets (EMs) dominated the IDR changes with 28 downgrades and 25 upgrades, co

Fiscal Prudence and rural focus boosts market sentiment by Mr. Mayuresh Joshi - Angel Broking

“Markets have given thumps up to the budget it was a balanced budget in terms of the rural, infrastructure and push for affordable housing. Fiscal target of 3.2% looks manageable considering the ambitious expenditure esp on the capital exp front be supported by buoyancy in revenues and an expanding tax base which seems plausible at this juncture considering the 17% growth we have witnesse

The first FOMC meet of 2017 fails to spur markets - Angel Broking

Below is the views on US FOMC Meet by Mr. Prathamesh Mallya (Chief Analyst- Non-Agri Commodities & Currencies, Angel Broking)

By Trump’s recent reveal over his new policies, markets are convinced that it is going to be a protectionist one which in turn will affect global trades and markets. His promise to boost growth through