Some D-Mart IPO investors will make money only if it lists at 50% premium
Grey market prices are pointing to a strong listing of Rs 550 per share, considered more profitable than most of its peers in the Indian retail sector.
Sanam Mirchandani
CLSA downgrades United Spirits to 'Sell'
It also said that final Supreme Court verdict on the liquor ban within 500 meters of highways and the effective Goods and Services Tax rate will be the key drivers of the stock going ahead.
Poll high may leave PSU banks with a hangover
Analysts have advised investors against taking any long bets in PSU banks, at least for the moment, given what could happen in the coming weeks.
Brokerages say UP election win shows Modi popularity intact
"We expect the BJP to get to a ‘near-majority’ state even in the upper house by 2020 if the BJP wins the national elections in 2019," said CLSA.
CLSA sees minimal impact on market from state election outcome
"The Modi government’s tilt towards social sectors is already visible and the election outcome is unlikely to meaningfully change the govt’s policies," said CLSA.
Dr Reddy's in bear grip on adverse USFDA report, stock may fall 7-8%
Open interest in Dr Reddy's futures rose 16% as short positions were built and was the highest since July 2007, while in the cash market, the stock hit a 31-month low.
EM equities cheap relative to US, positive on India: Jim O'Neill
If the BJP does not fare well in the state elections, it could add to foreign investors’ caution towards India but it is unlikely to be an ‘enormous problem’, said O'Neill.
BSE Telecom index races past Sensex on M&A buzz
Last month, Jio-the telecom arm of Reliance Industries announced that that it will start charging for its services and came out with a Prime offer of Rs 303 per month.
Political consensus in India is towards reforms: Mark Mobius
Unless the BJP suffers a significant upset in the state elections, any adverse outcome will not lead to any big fall in the market, said Mobius.
Passenger vehicle demand from taxi aggregators may slow: CLSA
According to CLSA, the combined fleet of Uber and Ola has risen from 100,000 units in Mar 2014 to 750,000 units in March 2017.
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