Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi
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The data coming from animal and early human studies from Chinese vaccine companies Sinovac Biotech and Sinopharma that developed inactivated vaccines has been promising. Sinovac has tied up with Brazil's Instituto Butantan to run the vaccine’s phase 3. Brazil is the second-worst affected country with 1.5 million reported COVID-19 cases and close to 62,000 deaths. Maybe that data may have given the government confidence to fast-track the vaccine development programme. … [Read more...] about Explained: How did Bharat Biotech emerge as dark horse in race for COVID-19 vaccine?
"LIC acted well using the COVID adversity and creating opportunity out of it due to availability of quality stocks at rock bottom prices and attractive valuations as well as huge amount of liquidity, which comes through renewal premiums as March is usually one of the best months in terms of premium collections and policy sold which is deployed using the fall as an opportunity," Prashanth Tapse, AVP Research at Mehta Equities told Moneycontrol. … [Read more...] about LIC made fresh investment in 16 stocks, bought additional stake in 43 counters in Q4
“Globally, the markets heaved a sigh of relief after more stimulus packages were announced by China, the European Union, and other countries, following the easing of lockdown measures. However, these gains were somewhat clouded by the persistent US-China tensions, which threatened to affect the global trade and recovery process,” he said. … [Read more...] about Small & mid-caps underperform Nifty, but over 100 stocks rose 10-30% in a week
"We use UBS Evidence Lab data on more than 13,000 companies to assess the relative asset quality risks. As per our analysis, IndusInd has a relatively higher exposure to vulnerable corporates, at 24.7 percent of total loans. Kotak also has greater-than-expected exposure to vulnerable corporates, at 13.4 percent of total loans. The recent data on collection and activity has improved from a low base and we would watch this trend to calibrate our asset quality views," said UBS. … [Read more...] about H1 2020 review: After a dismal start, banks still not out of the woods; Axis, ICICI Bank top picks