Exchange leaning heavily on superior technology to make a dent in the segment before universal exchange becomes a reality
Higher operating leverage and localisation will also aid margins
Strong oversees performance amid favourable demand and pricing environment will drive earnings
TCS' m-cap stood at Rs Rs 6.11 trillion, which is Rs 11.70 billion more than RIL's Rs 6.10 trillion
The stock listed at Rs 253, a 3.3% premium over its issue price of Rs 245 per share on BSE
There are concerns that the huge build-up of positions in equity derivatives could pose a systemic risk
All that happened in the markets today
Thus far in the month of January 2018, the stock rallied 15% as compared to 6.5% rise in the S&P BSE Sensex.
The stock hit a new high of Rs 576, up 8% on BSE in noon deal, after the company reported more than four-fold jump in its consolidated net profit at Rs 167 million in Q3FY18.
Thus far in January, L&T outperformed the market by surging 15% as compared to 7% rise in the S&P BSE Sensex
The stock was up 4% to Rs 9,647 after the board approved a revision in the method of calculating royalty which would result in lower royalty payments for new model agreements starting the Ignis.
While no market has ever gone up on a straight line, we believe the corrections will be short and the markets will eventually head higher as the earnings jigsaw puzzle falls into place.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
Derivative Strategy on IRB Infra by Devarsh Vakil & Nandish Shah - PCG Desk, HDFC Securities:
Stock calls and Outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking
From a one-year perspective, if there are no rate hikes and the 10-year g-sec yields stay at 7.25-7.50 per cent, investors can get 8-8.25 per cent for the year in short-duration funds
Listed Indian subsidiaries' share of their MNC parents' total market cap doubles to 6.3% from 3.1% in 2013; P/E multiple premium rises sharply
The NSE, which is looking to offer trade in commodity derivatives such as energy and metals, is currently engaging brokers and other market participants for shortlisting products
Galaxy Surfactants' Rs 9.3-billion initial public offer, the biggest this year, will open for subscription on January 29
With fund managers beginning to sound warning signals, it is best to be extra careful