Moneycontrol Selects: Top stories this evening
Our specially curated package of the most interesting articles to help you stay at the top of your game.
Stay updated with breaking news from Btab Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Our specially curated package of the most interesting articles to help you stay at the top of your game.
Sanjiv Bhasin, Director at IIFL Securities, discusses market predictions, FIIs impact, and how to election-proof the portfolio with HDFC Bank, Coforge, and Vodafone Idea. Bhasin says the Indian investor is mature now. The markets have become much more sanguine and there is no scope for runaway rallies or runaway falls.
Rakesh Arora discusses the impact of market share competition on cement prices despite good demand. Strategic acquisitions during low prices can lead to cheap valuations. The industry sees consolidation with big players like UltraTech and Adanis competing.
Sandip Sabharwal highlights Axis Bank's undervaluation, potential for re-rating. Discusses RBI's ban on Kotak credit cards, online accounts. Aditya Birla Group's impact on stock prices and the caution advised in the cement sector due to pricing pressures.
Shares of Vodafone Idea rebounded more than 11 per cent in the trading session on Thursday after the securities issue in FPO were listed. The stock kicked-off the trading session at Rs 11.80 but was seen at Rs 13.10 within a few minutes.