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

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

“TCS, posted numbers has been lower than expected for its 3QFY2016 results, mainly on the top line, while the EBDITA and net profit were in line and higher than expected respectively. Company posted a 0.3% sequential de-growth in USD revenues to US$4,145m

Expert views - Consumer inflation accelerates, industrial output falls

MUMBAI - India's annual consumer price inflation edged up for a fifth consecutive month to 5.61 percent in December from a year earlier, matching analyst expectations on the back of rising food prices, government data showed on Tuesday.

Meanwhile, separate data showed India's annual industrial output contracted 3.2 percent in November.

Market movement, Sectoral view & Picks - Religare Securities Ltd

Market movement, Sectoral view & Picks

Currently, Nifty is trading at trailing PE multiple of 21 times which is expensive looking at earnings de-growth in 2015. We expect earnings to improve and grow at 12-15% due to favorable outlook and low base effect. In that case, Nifty may retest 9000 levels and even inch higher in 2016. Also, Smallcap and Midcaps

Economic outlook for 2016 - Religare Securities Ltd

World Economy

In 2016, world GDP is expected to grow around 3.3-3.6%* with gradual recovery seen in developed and emerging economies. To further support recovery, stimulus measures by ECB, BOJ and China’s central bank will continue to boost liquidity into the system. Global inflation is expected to pick up at slower pace and meet core inflation target

In India, Remote Villages Hold Fast To Food Traditions

 By Carla Capalbo (Zester Daily) -

The northeastern Indian region of Meghalaya is rich in native food traditions. Sandwiched between Bangladesh and Bhutan, and with Myanmar to its east, Meghalaya is a lush, hilly area of forests and lakes, with high rainfall, spectacular waterfalls and "living" bridges woven from trees that attract local touri

Interview - Iran may moderate oil output to avoid further price slide

NEW DELHI - Iran could moderate oil output and exports once Western sanctions are lifted to avoid putting prices under further pressure, a senior Iranian oil official said on Tuesday.

Iranian officials have repeatedly called on OPEC to make room for a supply jump from the Islamic Republic while pledging to ramp up exports as soon as sanctions on its oil indu

We remain Neutral on Cadila Healthcare Ltd. - Angel Broking Pvt Ltd

Below is the view on Cadila Healthcare-Updates on Warning Letter-USFDA  By Ms. Sarabjit Kour Nangra (VP Research- Pharma,  Angel Broking Pvt Ltd)

Cadila has received a Warning Letter issued by the USFDA relating to its Moraiya formulation facility and Ahmedabad API facility (Zyfine). While the company has mentioned that it’s working hard to ensure

We believe participation of banking pack would be decisive ahead. - Religare Securities Ltd.

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

Nifty extended its recovery for second consecutive week and gained over a percent, thanks to positive global cues and recovery in index majors across the board. In holiday shortened week, it was mixed set of data and news on domestic fro

Coffee with Mr. Jimmy Patel, CEO Quantum Mutual Fund: Market Way Forward in 2016

1. What is your reading about global markets and interest rate scenario in USA?

Global markets continue to be weak due to insufficient demand. Developed markets face the prospects of weak demand, unfavorable demographic and high consumer debt. Unconventional monetary policy is being pursued in developed markets as they have run out of conventional monetary

In the coming week markets are expected to remain volatile. - Trade smart online

Below is the view on Weekly Market Quote By  Vijay Singhania, Founder-Director, Trade Smart Online.

"In the coming week markets are expected to remain volatile as traders roll over derivative positions in December 2015 series to January 2016 series. The near month December 2015 derivatives contracts expire on Thursday.

Activities usually

Analysis - Confident and clear, Yellen says rate path will be well signalled

SAN FRANCISCO - The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hikes for a while, and when we are ready, we'll tell you.

Yellen's confident and measured performance - she even managed a joke about the Fed's for

We maintain our Buy Wipro Ltd Update on Chennai Operations - Angel Broking Pvt Ltd

Below is the view on Wipro Update on Chennai Operations By Ms. Sarabjit Kour Nangra (VP Research - IT, Angel Broking Pvt Ltd)

Wipro Update on Chennai Operations:

“Wipro Limited, a leading global information technology, consulting and business process services company has provided a business update on its Chennai Operations. The re

Expert Views - Consumer inflation accelerates to 5.41 pct in November

MUMBAI  - India's annual consumer price inflation accelerated to 5.41 percent in November, picking up pace for the fourth straight month, government data showed on Monday.

The data was almost in line with the forecast from economists polled by Reuters.

 

COMMENTARY

MADHAVI ARORA, ECONOMIST AT

Janet Yellen must hike rates this week for 'Fed up' markets

It's that time again: Will they or won't they? In either case, the US Fed and Janet Yellen are all set to destabilise the asset markets. The fact that this destabilising price action will play out sooner rather than later is the only silver lining of a potential 25 basis point rate hike on December 16.

Firstly, let us examine the short-term backdrop of macro-events a

BSE Sensex to hit 29,900 by end of 2016 - Reuters Poll

By Kailash Bathija and Rahul Karunakar

BENGALURU  - India's stocks are expected to more than regain recent lost ground over the coming year, a Reuters poll found, but analysts trimmed their outlook for the second time in six months in a reflection of the slow pace of reforms and global headwinds.

Tracking a global selloff, Indian sh

India Strategy : GST impact - Religare Capital Markets Ltd

Below is the views on impact of GST Bill By Jay Shankar, Chief India Economist & Director, Religare Capital Markets Limited


The Goods and Services Tax (GST) has the potential to transform businesses and bring in enormous efficiencies – tax and operational. The focus today, unfortunately, is too much on the rate harmonization. Rather, the focus s

Breakdown from the 7760 will trigger fresh selling - Trade Smart Online.

Below is the view on Weekly Market Quote By  Vijay Singhania, Founder-Director, Trade Smart Online.

"The fate of the GST tax bill will dictate market movement. Constitutional amendment bill for the implementation of GST has been already cleared by the Lok Sabha and is awaiting legislative passage in the Rajya Sabha. Apart from GST tax bill, macroeconomic

Investor nervousness is expected to continue until the US Fed decision.- Reliance Securities Ltd

Below is the view on Weekly Market Quote By Mr. Hitesh Agarwal - Head Research - Reliance Securities Ltd.

"After two weeks of strength, the Indian stockmarket resumed its downtrend with the Nifty losing 2% for the week. Absence of positive domestic triggers coupled with negative global newsflow in the form of US Fed’s indication of the likely interest