A K Bhattacharya, Editor, Business Standard in conversation with T N Ninan, Chairman, Business Standard on his interpretation of the Budget statements
Q&A with Rajesh Cheruvu - Chief Investment Officer, RBS Private Banking (India), on interim budget
It did not provide any major surprises either way, positive or negative, they say
In conversation with Jinsy Mathew, Varun Goel, Head- Portfolio Management Service, Karvy Stock Broking shares his views on the Interim Budget and its impact on market
Markets gained on high GDP growth forecast in Q3, Q4 of current fiscal
Says various other steps have been initiated for reforms in capital markets
Interim budget notes that FIIs invested $12.13 billion in Indian markets in 2013
Sunil Jain-Head of Equity Research, Retail, Nirmal Bang lauds FM's measures in containing fiscal deficit and revenue deficit for FY14.
Aries Agro's scrip gains as much as 19.6%, Jain Irrigation by 2.63%
The BSE Capital Goods index inched 0.3% higher to 9459.63 after the announcement. Out of total 21 stocks listed on the index, 8 advanced while 13 declined.
Markets ended higher after GDP growth in Q3 and Q4 of FY14 seen at 5,2%
Financial stocks along with select index heavyweights were among the top gainers in late noon trades
Till yesterday, the stock has underperformed by falling 20% in 2014, as compared to 3.8% decline in S&P BSE Sensex.
But for current year, has lowered STT target to Rs 5,497 crore from Rs 6,720 crore
P C Jeweller, Titan Company, Gitanjali Gems, TBZ, and Thangamayil Jewellery are trading lower on the BSE.
At 11:35am, the Sensex was higher by 40 points at 20,407 mark and the Nifty gained by 13 points at 6,060 level
M&M, Eicher Motors, Maruti Suzuki, Hero MotoCorp, Bajaj Auto and Tata Motors are up 1-2% on the BSE.
Markets remained positive as the FM concluded his interim budget with cuts in excise duties in capital goods, auto, and consumer durables sectors. Fiscal deficit was contained at 4.6% of GDP, compared
The stock has rallied 51% after reported nearly five-fold jumped in net profit at Rs 22 crore for Q3FY14.
The stock has down nearly 7% in past four trading sessions as compared to 0.30% rise in S&P BSE Sensex.