Client Feedback

Earnings have to improve if it gets a boost from the government by way of the stimulus package, or disinvestment by the government. Investors have to watch out of macro data such as macro numbers.

Suri is very bullish on markets for the next 3-4 years. He sees tremendous opportunity in the metals sector. The sector rose 44 percent so far in the Samvat 2073.

On the occassion of Muhurat Trading, watch Moneycontrol Editor Santosh Nair talk to Sharekhan experts, including CEO Jaideep Arora, Head of Research Gaurav Dua, Fund Manager Rohit Srivastava and Senior VP, Head Equity Sales and Advisory Hemang Jani, along with BNP Paribas Deputy CEO and Head of Investments at BNP Paribas AMC.

From a global perspective, geopolitical risks will continue and unless there is a disastrous kind of scenario we don’t see it as a big major risk. But, if there is a global correction, the spillover effect could weigh on India markets.

In a coming week, Nifty has an immediate resistance near 10285 above which the next resistance comes near 10400.

On the technical front, 10,150-10,190 spot levels are in a strong support zone and the current trend is likely to continue towards 10,300-10,350 in the expiry week.

The Nifty witnessed wild swings in a 40 point range to end with a 4 point gain at 10,234.50. The Sensex ended 25 points in the red at 32,609.16.

It would be difficult for to market to make new highs every day without a good reason, UR Bhat of Dalton Capital.

The Kochi-based market veteran believes that the key lies in stock-picking and identifying them before turnaround starts to take place.

Jhunjhunwala is also optimistic on the story of financial savings and feels that large part of savings being invested into equity has just started.

The Nifty is in a trading zone of 9,500 to 10,000-10,200 odd for the next 3-4 months, till we see earnings come through, says Akash Prakash, Director, and CEO, Amansa Capital.

For the next couple of days, it could be sideways session but on decline towards 10180, it still remains a buy, says Ashwani Gujral.

In an interview to CNBC-TV18#39;s Anuj Singhal and Surabhi Upadhyay, Udayan Mukherjee shared his views and outlook on the markets.

the synergy benefits from the deal with Bharat Financial Inclusion will continue to accrue for IndusInd Bank, said Gautam Duggad, Head of Research - Institutional Equities, MOSL.

Stocks which rose in the SP BSE Smallcap index include names like Indiabulls Ventures which rose 942 percent, followed by HEG which gained 666 percent, Graphite India (up 484 percent), and Avanti Feeds which soared 365 percent.

Mutual Fund (MF) inflows have come off their all-time highs.

Be realistic with your expectations from MF SIP. Do not lose track of your financial goals.

Indian Energy Exchange#39;s issue price is fixed at Rs 1,650 per share, the higher end of price band.

The stock had a whopping premium of 44 percent on the National Stock Exchange on Wednesday at Rs 660 against its issue price of Rs 459.

MAS Financial Services has opened at Rs 660 against its issue price of Rs 459.

Analysts expect the stock to list with a premium of Rs 150-200, given the strong subscription to the issue and strong financials of the company.

The company, a joint venture between Reliance ADAG and Nippon Life of Japan, would both issue fresh shares and offer for sale (OFS) of promoters#39; holdings to raise around Rs 1,500 crore from the market through the IPO.

The stock touched a high of Rs 630 and low of Rs 563.40 during the day’s trade.

Diversified agro-business company Godrej Agrovet started off first trade at Rs 615.60 on the National Stock Exchange, a whopping premium of 33.82 percent over its issue price of Rs 460 per share.

The Rs 1,157 crore IPO was a huge hit and oversubscribed 95.41 times during October 4-6. The portion meant for qualified institutional buyers (QIBs) was oversubscribed 150.96 times, non institutional investors 236.04 times and retail investors 7.67 times, as per NSE data.

Analysts expect the listing price to be in Rs 550-600 per share range, given the overwhelming response to the issue and hefty grew market demand.

The issue IPO received bids for 16,87,32,208 shares against total issue size of 12,47,00,000 shares, data available with the NSE as of 6:00 pm showed.

The issue comprises a fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.

The initial public offering of up to 6.12 crore equity shares comprises a fresh issue of up to 2.448 crore shares by the company and an offer for sale up to 3.672 crore shares by the selling shareholders.

The IPO of the reinsurance company, which is in a price band of Rs 855-912, will close on October 13. The issue comprises fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.

The IPO received bids for 99,13,914 shares against 42,45,508 shares on offer, as per NSE data.

India#39;s biggest reinsurer kicks off its initial public offering (IPO) today. The USD 1.7 billion issue opens with a price band of Rs 855-912 per share. In an interview to CNBC-TV18, Alice G Vaidyan, CMD of General Insurance Corporation of India (GIC) spoke at length about the IPO.