Sino land hong kong

General investors cannot time the markets and we hence suggest looking at the markets from a long-term investment horizon and investing in a staggered manner, Pankaj Bobade, Head of Fundamental Research, Axis Securities tells Moneycontrol's Kshitij Anand in an interview.Q. What is your assessment of the September quarter earnings season? If you had to describe it in one word –what would that be? And, what were the highlights?A. The Q2FY20 results season has been a ‘mixed bag’. Given the slowdown in economic growth, one should see the results season sector by sector.The volumes in the FMCG sector were slightly better than expected especially on the back of the high base and the pain in the rural segment.Discretionary consumption plays were a mixed bag with paints and quick service restaurants (QSR) segment reporting better than expected growth. Though the near-term consumer demand is likely to be subdued, improving monsoon offers a ray of hope to invigorate demand … [Read more...] about Smart money | Chase stocks that show growth irrespective of long, mid or small-caps

Yes Bank board is likely to reject Canadian industrialist Erwin Singh Braich's $1.2 billion bid at its December 9 meeting, according to a report by Bloomberg.The offer from Braich and Hong Kong-based SPGP Holdings that is backed by him was expected to make up a bulk of Yes Bank's $2 billion fundraising plans.As per the Bloomberg report, there are concerns over certain foreign bidders being disallowed by the Reserve Bank of India from acquiring stakes in Yes Bank. Braich is reportedly involved in numerous lawsuits with creditors and family members.Close Braich, Founder of The Braich Group of Companies and Trusts, had earlier made an offer to buy a stake in Yes Bank for $1.2 billion. However, even at the time, there were indications that the RBI might not be in favor of the bid. related news Ready for high-level panel to monitor long term irrigation fund use: FM Sitharaman Walmart launches training programme for MSMEs The lender is said to be on the lookout for other … [Read more...] about Yes Bank likely to reject Canadian industrialist Braich’s $1.2 bn bid: Report

Tata Motors share price gained 3 percent in the morning trade on December 9 after Jaguar Land Rover (JLR) reported a consistent improvement in China sales for the fifth consecutive month in November.The stock has rallied 35 percent in the last three months. It was quoting at Rs 164.30, up Rs 2.80, or 1.73 percent, on the BSE at 1154 hours.The UK-based luxury carmaker announced retail sales of 46,542 Jaguar Land Rover vehicles in November 2019, down 3.4 percent compared to the same period last year.Close "Sales were down in the UK (-10.8 percent reflecting lower industry and lower incentives on selected models), Europe (-16.8 percent, largely reflecting higher sales a year ago ahead of tax changes in certain jurisdictions), and Overseas (-16.7 percent, largely Russia and MENA)," Tata Motors said in a BSE filing. related news D-Street Buzz: Metal stocks shine led by SAIL, JSPL; Maruti up 2%, FMCG drags Jaiprakash Power shares locked in 5% lower circuit after 6 days of … [Read more...] about Tata Motors share price gains 3% on improved November JLR sales in China

The Indian rupee recovered from the lows and trading flat at 71.19 per dollar, with domestic equity market trading with marginal gains.It opened lower by 9 paise at 71.29 per dollar on Monday versus Friday's close 71.20.On December 6, the Indian rupee added 9 paise to close at 71.20 against the US dollar.Close The dollar-rupee December contract on the NSE was at 71.37 in the previous session. Open interest increased 0.99% in the previous session. We expect the USD-INR to find supports at lower levels levels. Utilise downsides in the pair to initiate long positions, said ICICIdirect. related news Rupee settles 9 paise up at 71.20 against US dollar Rupee near day's low, trades at 71.40 per dollar The Sensex was up 68.19 points or 0.17% at 40513.34, and the Nifty was up 24.60 points or 0.21% at 11946.10.Gold prices crept higher on Monday after Washington reiterated its stance on a deadline for a new round of US tariffs on Chinese goods this weekend, supporting demand for safe … [Read more...] about Rupee trades flat at 71.19 per dollar

Indian stock market is trading on a positive note with Sensex is 85.70 points or 0.21 percent at 40530.85 while the Nifty gained 30.30 points or 0.25 percent and is trading at 11951.80.Nifty Metal is up over a percent amid US-China trade deal optimism led by SAIL which spiked over 4 percent followed by Jindal Steel & Power, MOIL, JSW Steel, Tata Steel and Vedanta.The auto index added a percent led by Maruti Suzuki which jumped over 2 percent after its production rose in November by 4.33 percent, after having reduced output for nine straight months due to lower demand. The other gainers included Bharat Forge, Ashok Leyland, MRF and Tata Motors.Close Tata Motors advanced after Jaguar Land Rover witnessed consistent improvement in its China sales for fifth consecutive month in November. related news Stock Buzzers: VA Tech Wabag, BF Utilities share price surge 10-13% with spike in volume Tata Motors share price gains 3% on improved November JLR … [Read more...] about D-Street Buzz: Metal stocks shine led by SAIL, JSPL; Maruti up 2%, FMCG drags