While the liquidity crunch continues to haunt NBFCs, Ramesh Iyer feels the current fiscal could turn out to be marginally better
As a clutch of private banks set out to raise capital, the quality of assets and governance will hold the key more than ever before as to how the sector is seen from hereon
Among sectoral indices, only Nifty IT ended in green. The Nifty Media index was the top loser, down 2.74 per cent while the Nifty PSU Bank index also slipped 2.2 per cent
All that happened in the markets today
The company's profit decreased 28 per cent to Rs 25.3 crore while earnings before interest tax depreciation and amortization (EBITDA) slumped 27 per cent to Rs 39.6 crore
RBI plans to conduct more open market operations of up to Rs 500 billion over the next two months
Slowdown in global growth and trade is likely to dent GDP growth in India as well, with analysts at Nomura expecting it to slow to 6.8% in FY19
While Nifty50 has gained 8.23 per cent between May 7, 2018 and May 6, 2019, Vedanta has slipped 41.5 per cent. Nifty metal index has also fallen by 18.32 per cent over the same period.
Analysts at Elara Capital recommend infra-based sectors, as they will remain in focus over the long run, irrespective of the election outcome.
The company on Monday posted over two-fold increase in consolidated net profit at Rs 405 crore for the fourth quarter of 2018-19, aided by one-time write-back of tax provisions.
The telecom operator earned a net profit of Rs 107.2 crore in January-March, a jump of 29 per cent from the year-ago period. This is the first rise in profit after several quarters for the company.
Gross non-performing assets (NPA) ratio stood at 6.7 per cent as of March 2019 - lowest in 13 quarters; down 105 basis points (bps) sequentially and 214 (bps) year-on-year.
From an accounting perspective, operating profit serves as an indicator of the business's potential profitability with all extraneous factors removed from calculation
Only a strong close above Rs 327 holds a key in Bharti Airtel, ICICI Bank holding 20 SMA strongly, Hindustan Unilever has a Falling channel, Britannia Industries trading in oversold territory.
The domestic unit on Monday fell by 18 paise to close at 69.40, as renewed trade war worries following US President Donald Trump's threat to raise tariffs on Chinese imports spooked investors.
Here's a look at the top stocks that are expected to trade actively in today's session -
Escalating trade tensions between the US and China along with March quarter earnings for FY19 would be the key factors for investors to watch today.
There are different types of trading styles that traders adopt and each has its own unique features and skill sets required.
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT - Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers.
The fall in the domestic market was subdued compared to carnage seen in global equities