We maintain our Neutral view on HDFC Ltd 3QFY2016 Results - Angel Broking Pvt Ltd

Below is the view on HDFC Ltd 3QFY2016 Results By Mr. Vaibhav Agrawal (VP Research- Banking, Angel Broking Pvt Ltd)

“HDFC Limited 3QFY2016 standalone net profit surged 6.7% YoY to INR 1,521cr. The lower growth in the profit for 3QFY2016 is due to lower  non-core income i.e. profit on sale of investments was INR 57cr  as against INR 113cr for 3

Hindustan Media Ventures Ltd 3QFY2016 Result - Angel Broking Pvt Ltd

Below is the view on Hindustan Media Ventures Limited 3QFY2016 Results Mr. Amarjeet Maurya (Sr. Research Analyst– MidCaps, Angel Broking Pvt Ltd)

“For 3QFY2016, Hindustan Media  Ventures Ltd (HMVL) reported earnings above our estimates. The top-line grew by ~16% YoY to ~INR 240cr, mainly due to decent growth in both the segments, i.e. (a) advertis

We maintain our BUY rating on HDFC Bank 3QFY2016 Result - Angel Broking Pvt Ltd

Below is the view on HDFC Bank 3QFY2016 Results By Mr. Vaibhav Agrawal (VP Research- Banking, Angel Broking Pvt Ltd)

“HDFC bank continued its trend of delivering consistent earnings performance quarter after quarter and registered a net interest income growth of 24.0% YoY for 3QFY2016 which was slightly above our expectations. The bank’s loan book grew

RBI seen easing only once this year as inflation climbs - Reuters poll

By Aaradhana Ramesh

BENGALURU  - The Reserve Bank of India (RBI) is expected to leave its key interest rate steady at 6.75 percent next week and only make one cut this year as rising inflation ties its hands, according to a Reuters poll.

That marks a turn from rapidly cooling domestic consumer price inflation, which allowed the RBI to l

We expect Nifty to extend its rebound in the coming week as well - Religare Securities Ltd

Below is the view on weekly Market outlook by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd.

Amid excessive news flow, Nifty traded volatile in the passing week but somehow managed to close on flat note. Sentiments were downbeat from the beginning over the looming concerns of global weakness and relentless fall in crude. Though slight

We maintain our Neutral rating On Alembic Pharmaceuticals 3QFY2016 Result - Angel Broking Pvt Ltd

Below is the view on Alembic Pharmaceuticals- 3QFY2016 Results By Ms. Sarabjit Kour Nangra (VP Research - Pharma, Angel Broking Pvt Ltd)

“During 3QFY2016, the company posted results better than expected. On sales the company posted an 81.8% YoY growth in INR 921cr V/s INR 507cr in 3QFY2015 (INR 700cr expected). The Sales growth was mainly driven by the Inter

We maintain our BUY rating on HCL Technologies- 2QFY2016 Results - Angel Broking Pvt Ltd

Below is the view on HCL Technologies- 2QFY2016 Results By Ms. Sarabjit Kour Nangra (VP Research - IT, Angel Broking Pvt Ltd)

“During 2QFY2016, the company posted results better than expected. On sales the company posted a 1.4% QoQ growth in USD revenues to US$ 1,566mn V/s US$ 1,568mn expected. On Constant Currency, (CC) the company posted a 2.1% QoQ. In rup

We remain Neutral on Rallis India- 3QFY2016 Results - Angel Broking Pvt Ltd

Below is the view on Rallis India- 3QFY2016 Results By Ms. Sarabjit Kour Nangra (VP Research - Pharma, Angel Broking Pvt Ltd)

“For 3QFY2016, the company posted net sales and profit of INR 306cr and INR 20cr. This was against the sales and net profit of INR 386cr and INR 25cr during the last corresponding period. The OPMs came to around 6% V/s 9% during the l

Expert Views - China Q4 GDP eases to 6.8 pct y/y, meets expectations; December data disappoint

BEIJING  - China's economic growth eased to 6.8 percent in the fourth quarter from a year earlier, matching expectations but still the slowest since the global financial crisis, putting pressure on policymakers to roll out more support measures as fears of a sharper slowdown pummel global financial markets.

Analysts polled by Reuters had predicted g

Exports continue to slide albeit at slower pace, while non-oil imports zoom back - Religare Capital markets Ltd

Below is the view on India Economics By Mr. Jay Shankar, Chief India Economist & Director, Religare Capital markets Ltd

Foreign trade data were released for December 2015. The numbers are in line with our growth trajectory for FY16.
 
Exports declined by 14.8% in Dec’15. This was the 13th consecutive month of decline. For April-Dec&r

We maintain our BUY rating on Wipro 3QFY2016 Result - Angel Broking Pvt Ltd

Below is the view on Wipro- 3QFY2016 Results By Ms. Sarabjit Kour Nangra (VP Research - IT, Angel Broking)

Wipro (CMP: INR543/ TP: Under Review: Buy / Upside):

“During 3QFY2016, the company posted numbers lower than expected on all fronts. The IT services posted a 0.3% sequential growth in USD revenues to US$ 1,838mn V/s US$ 1,841

Many 'lost' voters say they have found their candidate in Trump

By James Oliphant, Chris Kahn and Megan Cassella

WASHINGTON/NEW YORK  - Ted Wade hasn’t cared about politics enough to cast a vote in a U.S. presidential election for almost a quarter of a century, back when he supported Ross Perot’s independent candidacy in 1992.

But Republican Donald Trump's 2016 White House bid has mo

For better or worse, Bill Clinton not a big factor among U.S. voters: poll

By Chris Kahn and Amanda Becker

NEW YORK/MANCHESTER, N.H.  - Bill Clinton may not be the “secret weapon” that Hillary Clinton needs in the U.S. presidential race. And the former Democratic president may not become the albatross that Republican candidate Donald Trump expects, either.

Bill Clinton simply is not wielding that k

'Startup India' elicits encouraging response

Indian Prime Minister Narendra Modi Saturday launched the 'Startup India' programme in New Delhi, evoking phenomenal response from stakeholders. Here is what they had to say

Arun Jaitley, India's finance minister

"Start-Up India will change conventions. Government will merely be a facilitator for start-ups."

In the short-term, the market will continue to take cues from the global stock markets - Reliance Securities Ltd

Below is the view on market outlook for the next week by Reliance Securities Ltd

“The Indian stock market corrected for the second consecutive week with the Nifty down by over 2%. However, the real damage was witnessed in the broader markets with the Nifty Mid-cap index falling by over 6% while the Nifty Small-cap index collapsed 9.5%.
 

We maintain our BUY rating on Infosys 3QFY2016 Result - Angel Broking Pvt Ltd

Below is the view on Infosys- 3QFY2016 Results By Ms. Sarabjit Kour Nangra (VP Research - IT, Angel Broking)

Infosys (CMP: INR 1,082/ TP Under Review: Buy / Upside :
 
“Contrary to expectations, Infosys has delivered a robust numbers. During 3QFY2016, company posted a 0.6% sequential growth in USD revenues to US$2,407mn

India economic growth seen steady; one more rate cut ahead - Reuters Poll

By Krishna Eluri and Siddharth Iyer

BENGALURU  - Having made four reductions in 2015, the Reserve Bank of India (RBI) will likely cut interest rates once more in the coming year, despite expectations that inflation will rise slightly above its medium-term target, a Reuters poll found.

The survey of 28 economists taken this week showed e

Host of factors reversed India's factory output growth: Experts

The attendant worries apart, an element of intrigue crept up from the latest industrial production numbers for November last year released on Tuesday, showing a fall of 3.2 percent month-on-month in India's factory output from a 9.8-percent growth in October.

From a cursory look at the numbers, it is evident the drag has been caused by the manufacturing sector, which saw

We maintain our Neutral view on Federal Bank 3QFY2016 Result - Angel Broking Pvt Ltd

Below is the view on Federal Bank 3QFY2016 Results By Mr. Vaibhav Agrawal (VP Research- Banking, Angel Broking)

“Federal Bank reported poor set of numbers with the bottom line declining 39% YoY to INR 162.7cr, coming in below expectations. On the operating front, Net Interest Income for the bank rose marginally by 3.1% YoY, while non-interest income saw a di