Bulls and Bears - Strategy: Markets continue upward momentum - Motilal Oswal

Strategy: Markets continue upward momentum

* Highest monthly rise in 16 months: The Nifty rallied 5.8% in July, the highest monthly return in 16 months. The key drivers were: good progress of the monsoon, smooth GST implementation, and continued liquidity inflow. Midcaps (+4.4% in July) underperformed the Nifty, but the valuation premi

Fundamental Market views by Mr Rahul Shah - Motilal Oswal

Below is the View On Fundamental Market views by Mr Rahul Shah, VP- Equity Advisory - MOSL

"Markets took a breather after a long three months , this was in sync with the global markets where all of them were down 1-1.5 percent down . Basically we saw sell off mainly in financials . Where nifty bank was down 4 percent from near term high

NAFTA won`t solve Mexico`s slow growth: Moody`s

Mexico's economy has structural flaws that will not be resolved with the upcoming renegotiation of the North American Free Trade Agreement (NAFTA), credit rating agency Moody's has announced.

Mexico has for years relied on its poorly-paid work force to compete with other economies, and that is part of what is holding the country back, the agency said in a report on Wednes

Steel and iron prices gave way to sharp gains in base metals in the last trading session - Angel Broking

Below is the View On Steel rally pushes base metals to new highs by Ms. Kaynat Chainwala (Research Analyst- Base Metals, Angel Commodities Broking):

“Unprecedented rally in Steel and iron prices gave way to sharp gains in base metals in the last trading session (7th Aug’17). Shanghai Steel Rebar futures are already up by 34 percen

Bajaj Auto`s announces a tie-up with Triumph is an important step in search of an exciting two-wheeler story - Angel Broking

Below is the View On Bajaj Auto announces a tie-up with Triumph of UK By Mr. Shrikant Akolkar (Research Analyst- Automobiles, Angel Broking):

“Bajaj Auto announced a deal with Triumph Motorcycles of UK to jointly manufacture mid-capacity motorcycles for the Indian and global markets. The partnership will be a non-equity tie-up to levera

India retail inflation seen picking up for first time in four months in July: Reuters poll

BENGALURU - India's retail inflation is expected to have picked up slightly in July after cooling in the previous three months, a Reuters poll showed, but likely remained well below the central bank's 4 percent medium-term target.

Much of the increase is attributed to the return of food inflation. Vegetable prices have risen sharply following erratic monsoon r

Rural India Report and Top Stock Picks by Motilal Oswal

Back on the saddle

Set for a comeback after three years of hibernation

Rural consumption decelerated over 2014-17 India’s rural consumption story was stalled for last three years owing to combination of two back to back draughts in 2014 and 2015 coupled with anemic growth in Minimum Support Prices for crops . This resu

Moody`s assigns Baa3 rating to EXIM India's USD notes

Moody's Investors Service, a global rating ageny, has assigned a Baa3 rating to the proposed USD-denominated senior unsecured notes issued by Export-Import Bank of India (EXIM India) from its USD10 billion global medium-term note program, through its head office in India. The bonds, with stable outlook, will be listed on the Singapore Stock Exchange and Taipei Exchange.

The rating

Solar sector unfazed by India-China tensions

As reports of the border stand-off between India and China continue to hog headlines, one of the concerns raised is whether this would have a bearing on the solar sector in India because local project developers are dependent on solar cells and modules imported from China.

Of the $2.34 billion worth of solar equipment brought into India in 2015-16, a staggering $1.96 billion (83.61 pe

Divestment will open doors to better future for Air India: CMD

Air India's global expansion plans, along with the induction of more aircraft and pilots, would not be hindered by the government's recent decision to divest its stake in the national carrier, the airline's top official has said.

The "painful decision" of divestment would "open doors to a better future for the airline and its employees", Ashwani Lohani,

Coming week to remain majorly driven by the corporate earnings of big corporate as well as IIP & manufacturing data - Aadya Trading

Below is the View on IIP & manufacturing data by Mr. Abnish Kumar Sudhanshu, Research Head, Aadya Trading & Investments Pvt. Ltd.

Week began with speculation of more than 50 basis points of rate cut in the current monetary policy. Also, street remained excited after most of the frontline companies reporting better than expected corpor

MCX Cotton for October delivery is heading for second consecutive weekly rise of 0.70% - Angel Commodities

Below is the view On Weekly Agri-Commodities by Mr. Ritesh Kumar Sahu (Fundamental Analyst– Agri Commodities, Angel Commodities Broking):

“During the current week, Mentha oil futures continue to surge for the second consecutive week followed by Guar gum and Turmeric. However, the prices of oil seed complex and coriander ended in n

Moody`s assigns Baa3 to Canara Bank`s USD note drawdown

Moody's Investors Service, a global rating agency, has assigned a Baa3 rating to Canara Bank's proposed senior unsecured notes, issued under its USD 2 billion Medium-Term Note (MTN) program. The drawdown will be carried out from its London branch, and the bonds will be listed on the Singapore Stock Exchange.

The outlook on the ratings, where applicable, is stable, said the rat

We maintain our BUY rating on Lupin Ltd 1QFY2018 Results - Angel Broking

Below is the view On Lupin Ltd 1QFY2018 Results by Ms. Sarabjit Kour Nangra (VP Research- Pharma, Angel Broking):

“Lupin for 1QFY2018 posted bad set of numbers. Sales came in at INR 3,806cr V/s INR 4,316cr expected and V/s INR 4,3418cr in 4QFY2017, a YoY de-growth of 12.3%. The dip was mainly on back of the formulation sales (

Yuan, rupee seen stumbling if dollar revives: Reuters poll

BENGALURU - In 12 month's time the Chinese yuan will have erased most of its gains made this year, provided the U.S. Federal Reserve sticks to its tightening path, boosting the greenback, a Reuters poll showed.

Having strengthened more than 3 percent since the start of 2017, the yuan is forecast to weaken to 6.90 per dollar in a year, according to the poll of over

A rate cut by 25 bps market saw some volatility during the second half - Amrapali Aadya Trading and Investments

Below Is the View On RBI’s monetary policy quote by Mr. Abnish Kumar Sudhanshu, Research Head, Aadya Trading & Investments for your consideration:

Markets opened positive on Wednesday and Nifty witnessed another fresh all time high of 10137.85 in the opening bell ahead of the RBI Monetary Policy but saw gradual fall throughout the sessio

Expert views: RBI cuts repo rate to more than 6-1/2 year low

The Reserve Bank of India cut its policy rate on Wednesday by 25 basis points to 6 percent, the lowest since November 2010, as slumping inflation allowed the central bank to focus on boosting an economy growing at the slowest pace in over two years.

Four members of the monetary policy committee voted to cut rates by 25 bps, while one voted for a 50 bps cut and one voted for leaving ra

RBI rate cut in Reverse Repo rate by 0.25 bps to 5.75% and repo rate to 6.0% - Epic Research

Below is the View On RBI’s monetary policy reaction by Mr. Mustafa Nadeem, CEO, Epic Research for your consideration:

We welcome the RBI rate cut in Reverse repo rate by 0.25 bps to 5.75% and repo rate to 6.0% which was widely expected on the D street. RBI also slashed MSF to 6.25% as well. Since there was a level of comfort for RBI due to d

Weekly Agri-Commodities Update - Angel Commodities

Below is the view On Weekly Agri-Commodities Update by Mr. Ritesh Kumar Sahu (Fundamental Analyst– Agri Commodities, Angel Commodities Broking):

“During the current week, a futures contract of Mentha oil and Cardamom which is trading on Multi-Commodity Exchange (MCX) jumps the highest among agri-Commodities.  

The M

We maintain our Buy rating on Tech Mahindra Ltd 1QFY2018 Results - Angel Broking

Below is the view On Tech Mahindra Ltd 1QFY2018 Results by Ms. Sarabjit Kour Nangra (VP Research- IT, Angel Broking):

“Tech Mahindra for 1QFY2018 posted good set of numbers. The sales are came in at US$1,138mn V/s US$1,127mn expected and V/s US$1,131mn in 4QFY2017, a QoQ growth of 0.6%. In Rupee terms, the sales are came in at

India to grow 6.5-7.5% over 12-18 months: Moody`s poll

India's GDP growth will remain in the range of 6.5-7.5 per cent over the next 12-18 months and GST will support the momentum for faster growth, a Moody's poll said as per the PTI report. More than 75 per cent respondents said exposure to large corporates in power, steel and infrastructure sectors poses as the greatest risk to banks' asset quality in India.

Over 200 market

Shree Cement Q1 Results - Reliance Securities

Healthy performance on Sharp Uptick in Realization  

* A better than expected recovery in cement realizations (+5% YoY and +9% qoQ) helped SCL to report a stellar performance despite an operating loss from its power division.

* Operating profit stood at Rs6.8bn (-7% YoY and +33% QoQ), which is higher than our expectation of Rs5.9bn. Yea

MMFS and BHAFIN - turning a corner, at attractive valuations - Morgan Stanley

We believe MMFS and BHAFIN offer good outlook – improving asset quality, past problems well provisioned for, leverage to an improving rural economy, strong EPS / BVPS CAGR. Rerating is plausible, unlike most financial stocks – hence, we see potential for outsized returns. We believe MMFS and BHAFIN offer among the most compelling risk-rewards:

 

1) I

Market to remain bullish ahead of RBI Policy due next week - Amrapali Aadya Trading and Investments

Below is the View on weekly market report by Mr. Abnish Kumar Sudhanshu, Director & Research Head, Amrapali Aadya Trading & Investments:

Week began on the strong note on the back of improvement in corporate earnings as well as better than expected monsoon throughout India region. Nifty continued its strong rally to cross its psychological