Flying high- US China Trade War and India

Dalal Street hit an all-time high on Friday breaking the January highs amidst the global uncertainties driven by the trade war tensions looming majorly between the two largest economies in the world viz. US and China. An event that is so meticulously tracked, it is overshadowing otherwise important events of crude volatility and BREXIT. Following […]

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Iran Sanctions – Make or Break for Crude Oil Prices

Oil prices have remained steady at $74 due to supply disruption in Libya, Canada and impending sanction on Iran, all of which increases the likelihood of big shortfall in the oil market. Bullish oil factors are ruling over Bearish factors as investors are currently assuming that the oil supply increase from OPEC will not suffice […]

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Result Preview (4Q FY18E) – NBFC

Growth accelerates but margin under pressure. The 4Q FY18e results season will kick in middle of the month for NBFCs. The spike in bond yield by more than 100 bps in last 6 months will result in margin pressure for most of the NBFCs in 4Q FY18 especially for (HFC) Housing Finance Companies. Further continued […]

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Reduction in inflation forecast for FY19 makes RBI policy eventful

RBI credit policy was in –line with market expectation in terms of maintaining status quo on policy rates. What made the policy eventful was sharp reduction in inflation forecast for FY19. Though stance on policy rate was as anticipated given the backdrop of government assertion that both fiscal deficit and revenue shortfall in FY18 would […]

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Nifty Crosses 11,000, Sensex Hits 36,000: New Year Being Merrier & Happier

Nothing can be a better new year for the investors than coming across splendid news like the BSE Sensex hits the psychological mark of 36,000 and NSE Nifty breaches 11,000, led by the rally in shares of RIL and Infosys. This is by far the sharpest gain in Asia after the US government passed a […]

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YES BANK – Cheering Stellar Loan Growth

While the divergence related issues has pushed the Yes Bank to back foot in recent times, we believe continued stellar loan growth performance will help the bank to come out of its tough time. Yes Bank once again posted healthy balance sheet growth of 36% with granularity in its loan book. Yes Bank has been […]

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Quant Structure of the Market (December’17): 10 Stocks to Go Long

Recap of December2017: The month of December saw a healthy growth by broader indices with Nifty, Nifty 500, Nifty Mid Cap and Nifty small cap growing by 2.97%, 3.67%6.62% and 4.37% respectively. Among sectoral indices, Materials, Industrials, Consumer Discretionary, Consumers Staples, Healthcare, Information Technology and Telecom were major gainers and rose by 4.86%, 5.44%, 5.92%, […]

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Quant Structure of the Market (November’17- a classic case of Mean Reversion): 6 Stocks to go Long

Recap of November 2017: Nifty fell by 1.05% during the month; Nifty 500 grew by 0.01%while Nifty Mid Cap and Nifty small cap gained 1.62% and 1.90% respectively. In terms of sector, Consumer Discretionary, Consumer Staples, Information Technology and Industrials rose by 3.33%, 1.36%, 3.29% and 2.09% respectively while Energy, Materials, Health Care, Financials, Telecom […]

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Quant Structure of the Market (October ’17): 3 Stocks to go Long

For the month of October’17, Quant recommended 3 Long stocks ideas- Williamson Magor, Emami Ltd and Take Solutions that went up by average 12.85%      –atul.mishra@narnolia.com Recap of October 2017: Nifty grew by 5.59% during the month; Nifty 500 grew by 6.44% while Nifty Mid Cap grew by 8.12% while Nifty small cap grew by […]

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Reliance Nippon Life Asset Management Limited – SUBSCRIBE

The objective of issuing Rs 100 Cr for investing towards continuing interest in new mutual fund schemes managed by the Company and Rs 165 Cr Funding in inorganic growth and strategic initiatives. Pre IPO, Reliance Capital Limited​​​ ​​holds 46.57% and Nippon Life Insurance Company holds 49.00% of RNAM’s total issued and paid up equity share […]

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