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| Early signs of a recovery |
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| The global economic recovery augurs well for domestic companies having a large exposure to overseas markets. ...Read |
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| Clear view |
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| While Motherson Sumi’s prospects on the back of robust order flows are good, the recent spurt in its share price means that gains are factored in. ...Read |
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| Robust show |
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| While high proportion of restructured loans is a near-term dampener, strong volume growth and higher margins augur well for the bank. ...Read |
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| Take a long holiday |
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| A strong brand, robust performance and healthy growth prospects provide comfort, but the IPO pricing caps any near-term gains. ...Read |
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| The momentum psychology |
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| Momentum investing is a feel good factor that does more damage than benefit a portfolio. ...Read |
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| Multiple tops suggest short-term correction |
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| In the past three sessions, the market has tested 5,015 and pulled back. ...Read |
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| High carryover in range-bound market |
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| A breakout is more probable, since the market rarely range-trades inside 150-200 points for extended periods. ...Read |
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| Markets at a glance |
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| Assurances from governments that stimulus packages around the world would continue and China's strong industrial production numbers were welcomed by the markets. Indian government's thrust on disinvestment also lifted market sentiments as proceeds may be used to reduce fiscal deficit that is expected at 6.8 per cent of GDP for this fiscal. ...Read |
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| Analysts' corner |
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| Educomp Solutions’ consolidated top-line surged by 91.8 per cent year-on-year (y-o-y) to Rs 253.5 crore driven by the School Learning Solutions Business, comprising of Smart Class and ICT Solutions (ICT). The company implemented 309 new schools under the BOOT model of Smart Class Business, taking the total to 2,219. In ICT, Educomp signed in 671 schools, while its own schools’ initiative, K-12, grew by 46.6 per cent. ...Read |
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| Riding on the rally |
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| With markets moving up on the disinvestment buzz, Smart Portfolios too registered steady gains last week. It was after a while that all fund managers participated in the markets. While Phani Sekhar and Praveen Panjwani were seen re-building their portfolios, Amar Ambani and Ajay Parmar continued with their churning process. ...Read |
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| Gold rallies as dollar falls |
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| Gold prices climbed to a second weekly gain as the dollar fell against the euro, boosting demand for alternative assets. Silver also rose. The dollar slipped as much as 0.6 per cent against the euro. Bullion usually gains when the US currency declines. Gold futures reached a record $1,123.40 an ounce yesterday before dropping 0.7 per cent, the most since October 26, as the dollar advanced against a basket of six major currencies. ...Read |
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