Stock Picks: PUNJ LLOYD (22.55): Buy this stock as our risk is barely 25% from the last traded We put a stop-loss below 16.90 on the close. Our 3-year target is 55 – 59. This company is not so dependent on local growth since it operates in quite Read more [...]

Midnight News Update –Sep 20, 2017   A day ahead of its all-important meeting to vote on the conversion of Tata Sons into a private limited company, the Tata Group set about consolidating its hold on the Tata group companies. Both Tata Chemicals Read more [...]

Reliance New High Stock touches a life-time high after nearly 10 years… Nearly 10 years after the stock of RIL touched an all-time high in January 2008, the stock once again reclaimed a life-time high during the week. The last rally in RIL had happened Read more [...]

Midnight News Update –Sep 18th2017   SEBI may permit REITS and InvIT to raise funds through the issue of bonds. While the REITS and the InvIT were permitted by SEBI in 2014, they have not attracted too much of buying interest from corporates Read more [...]

Weekly Capsule (Sep 11 – Sep 15) and Impact Analysis Major News Item Impact Analysis     Ø  Inflation came in sharply higher for the month of August at 3.36% Ø  That marks a rise of nearly 190 bps in inflation in the Read more [...]

 Midnight News Update – Sep 15th 2017   The Bullet Train deal may be opening up a slew of Japanese investments into India. As part of Shinzo Abe’s visit to India to lay the foundation stone for the Bullet Train project, Suzuki of Japan Read more [...]

Midnight News Update – Sep 13th 2017   The CPI inflation for the month of August 2017 came in almost 100 basis points higher at 3.36%. This brings the retail inflation very close to the RBI comfort level of 4% and the RBI-MPC was perhaps Read more [...]

Midnight News Update – Sep 12th 2017   IndusInd Bank and Bharat Financial confirmed that they are in advanced talks to consider a possible merger. The deal is likely to happen through a stock swap and the ratio is likely to be 1 share of Read more [...]