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

Launch of health cards and extending 8% interest on savings through LIC is a welcome by MD - Alankit Ltd

Below for your reference is a budget reaction quote from Mr. Ankit Agarwal, Managing Director, Alankit Limited

“Union budget 2017-18 is progressive in its approach from an economic and policy reforms stand point as the key focus is on transforming, energizing and moving towards building a clean India. Much emphasis has been laid on ushering in digitally enabled

Good Budget, which focused on housing and for rural development - Tradebulls Sec

Dinesh Thakkar – CMD, Tradebulls:

It was a good Budget, which focused on housing and for rural development. Readjusting income tax will provide incentives to investment and consumption. The macro-level announcements are positive for the economy. Increased focus on transportation sector, which has a higher multiplier effect on the economy, will al

Government has presented a reasonably positive budget, given the constraints, from equity markets perspective by Mr. Rakesh Tarway - Reliance Sec

Below reaction on the budget by Mr. Rakesh Tarway, Head of Research, Reliance Securities

‘Government has presented a reasonably positive budget, given the constraints, from equity markets perspective. No changes in capital gains for listed securities and concessions to FPIs will soothe market nerves. Adherence to fiscal deficit target of 3.2% and roadmap for the

The Budget has managed a fine balancing act between providing a boost to demand and at the same time keeping an eye on fiscal consolidation by Mr. Jayant Manglik - Religare Sec

“The Budget has managed a fine balancing act between providing a boost to demand and at the same time keeping an eye on fiscal consolidation. Notably, the Budget this year was presented in the backdrop of relatively higher expectations by both – consumers and corporates, which were affected by the government’s demonetization drive. Increasing the spend on the rural sector by 2

FM's fourth Budget, has put India back on the shopping list of FIIs by MD & CEO - HDFC securities

Below the comments on Union Buget by Dhiraj Relli, MD & CEO - HDFC securities

FM's fourth Budget, has put India back on the shopping list of FIIs. By restraining the fiscal deficit to 3.2% and promising to prune it down to 3% in the next year, FM has delivered on Fiscal prudence. All this has come about amidst 25% hike in government spending and a 19% red

The budget has focused on the rural sector and a marginal push to infrastructure by Mr. Jimmy Patel - Quantum AMC

Below is the quote on the Union Budget by Mr. Jimmy Patel, CEO-Quantum AMC

“This was, in my view, a tepid budget by all accounts. Neither any clutter breaking reform nor, thankfully, any major populist measure given the fact that state elections are around the corner, were to be seen. 

The build-up to the taxation proposition was great but the fin

The focus of this budget is on the rural and agriculture sector by Mr. Atul Kumar - Quantum AMC

Below is the quote on the Union Budget by Mr. Atul Kumar, Head-Equity, Quantum AMC

“The focus of this budget is on the rural and agriculture sector. Affordable housing has also been given a boost. There were some expectations of tax cuts or some announcements simplifying the tax structure, but looks like we will have to wait for that to come. There were some cha

Build Bharat, Digitize India, Growth & Investment for Masses , Create Long Term Growth sums up Budget 2017 by Mr. Dinesh Rohira - 5nance.com

Below the views on the budget 2017 by Mr. Dinesh Rohira, Founder & CEO, 5nance.com

“Build Bharat, Digitize India, Growth & Investment for Masses , Create Long Term Growth sums up Budget 2017.  The Finance Minister has captured majority population of this country into a positive mood vide this budget.  The message is c

In long term basis government focus on rural sector, youth and digital would gradually upsurge the economy by Mr. Shachindra Nath - Poshika Financial Ecosystem Pvt Ltd

Below a quick Budget Comment by Mr. Shachindra Nath, Investor | Mentor | Advisor, Poshika Financial Ecosystem (P) Limited

In long term basis government focus on rural sector, youth and digital would gradually upsurge the economy. The key highlights of the budget is abolishment of FIPB and awarding infrastructure status to Affordable Housing Sector. On Financial Sector

Quote on Budget by Mr. Arvind Chari - Quantum AMC

Below is the instant quote on Budget by Mr. Arvind Chari, Head - Fixed Income & Alternatives, Quantum Advisors

The Budget was neither Popular nor populist. It was a rather tepid budget, as has been the case lately. 

We liked the governments focus on fiscal prudence and the commitment, although delayed, to move fiscal deficit to 3.0% of GDP next year

Post-budget reaction by Mr. Parth Nyati - TradingBells

This is a very good growth oriented budget meant to benefit rural and urban population alike. IPO for public sector undertakings like IRCTC, IRFC and IRCON is a pleasant surprise and would ensure more retail participation. It is an extremely smart move for divestment. Reduction of corporate tax would benefit 96% of the Indian corporate having turnover less than 50 corers. We can see SMEs gettin

Expert views: India unveils 2017/18 budget; views on size of fiscal deficit mixed

India will ramp up spending on rural areas, infrastructure and fighting poverty, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday, adding the impact on growth from the government's cash crackdown would wear off soon.

Addressing parliament, Jaitley called his fourth budget one for the poor. Yet, while vowing prudent fiscal management, he also raised

We continue to have a BUY rating on ICICI Bank Ltd by Mr. Siddharth Purohit - Angel Broking

Below is the views on ICICI Bank Ltd 3QFY2017 Results by Mr. Siddharth Purohit (Sr. Equity Research Analyst- Banking, Angel Broking)

“ICICI Bank’s results for the quarter have been in line with expectations. Slippages of INR 7,037 cr was lower than 2QFY2017 and the comforting factor is that 75% of the slippages has come in from the known accounts (watch li

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

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

Cadila Healthcare (CMP: INR 349 / TP: INR 400 / Upside: 14.6%)

“Cadila Healthcare, posted sales of INR 2,302.4cr V/s INR 2,318cr in 3QFY2016, a YoY de-growth of 0.7%. Formulations (INR 1,863.5cr) posted de-growth of 4.0%, wh

Gold becomes one of investors` favourite safe havens with Trump uncertainty

By David Randall

NEW YORK - Some of Wall Street's largest fund managers have taken a contrarian bet on gold, wagering that U.S. President Donald Trump's governing style and upcoming elections in Europe will combine to create more stock market volatility and boost the prices of a metal long seen as a safe haven.

Fund managers from IVA, Ridgeworth

As Donald Trump thunders, investors watch for rain

By Ross Kerber

BOSTON - A dizzying stream of market-moving tweets and policy talk by President Donald Trump is finding a hopeful but anxious audience among professional investors looking to make stockpicking great again.

After years of losing ground to index funds, portfolio managers and wealth advisers say Trump's assertive moves, like singling out

We remain our Positive rating on the IT sector by Ms. Sarabjit Kour Nangra - Angel

Below is the views on IT sector by Ms. Sarabjit Kour Nangra (VP- Research IT, Angel Broking Pvt Ltd)  

A reform bill has been introduced in the US House of Representatives mandating that the minimum salary of H-1B visa holders be doubled to US$130,000. The legislation called the High-Skilled Integrity and Fairness Act of 2017 prioritizes market-based allocation o

Views on Glombal Markets by Ajay Bodke - Prabhudas

"Global markets are underestimating geopolitical risks that Trump administration's first 100 day policies could unleash. Not only on immigration(ban on immigration from some Muslim nations, tough talk on building wall on Mexico border and severely toughning legal immigration routes like H1B) & trade front (withdrawal from TPP, threatning to impose border tax on firms importing from