Macquarie said Eicher Motors, on which it has an 'outperform' rating with a target price of Rs 25,000, is the best play in the two-wheeler segment.
The outlook for India is very good. The fact that the Parliament has passed the GST is very good news. Now, the implementation of the GST will take time.
Shares with differential voting rights imply shares that give the holder different voting rights compared to someone who owns ordi nary shares of a company.
Shares of Idea Cellular tanked 10.9% to Rs 83.25 and Bharti Airtel ended down 6.5% at Rs 310.15 on the National Stock Exchange on Thursday.
IOC, Tata Chemicals, DHFC and Tata Communications have seen a surge of 18-87% in open interest in the last one month.
The Indian central bank on Thursday announced reforms for the corporate bond market, including the staggered reduction of banks' loan exposure, increase participation by overseas investors in corporate bonds, and make top-rated bonds eligible for borrowing from RBI for liquidity needs. RBI imposed a risk weightage of 150% for unrated bank exposures above `200 crore.
US Federal Reserve chair Janet Yellen's speech at Jackson Hole Symposium will give further direction on whether the liquidity will continue or not, an expert said.
Analysts read these developments as ‘credibility issue’ that the company needs to sort out in the aftermath. There are two key factors investors need to consider.
Bank Nifty, which consists of both private and PSB stocks, has advanced 9%. The bigger gains have happened in the bond market with yields falling sharply.
Sebi released a discussion paper to tighten regulations on algo trading to ensure fair play and has sought public comments. ET explains its importance and impact, if implemented.
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