Jyoti Roy- DVP- Equity Strategist, Angel Broking believes that markets will focus more on high-frequency indicators like PMI, auto sales and power demand which point to a significant acceleration in the economy from October due to festive demand and opening up of the economy. … [Read more...] about Q2 GDP prints likely to show significant sequential pullback; will it cheer the market?
Synchrony q2 earnings call
"Markets will first react to the GDP numbers next week. Besides, the auto sales numbers and upcoming RBI policy meet would be on their radar. We expect prevailing consolidation to continue in the index however there’ll be no shortage of trading opportunities in broader markets. Traders should maintain a “buy on dips” approach while keeping their focus on the selection of sectors and stocks," said Ajit Mishra, VP - Research, Religare Broking. … [Read more...] about NSE, BSE shut today on account of Gurunanak Jayanti
"While the festive season has augured well, with no major negative surprise, current demand and low inventory sentiment suggest higher wholesales in Dec’20. Valuations are reflecting a recovery during H2FY21, leaving a limited margin for safety for any negative surprises," Motilal Oswal said. … [Read more...] about No negative surprises, auto sales numbers for November likely to show an uptick
The global research firm has retained buy on the stock with a target of Rs 140 per share. The company has started leading the RE space, winning 44 percent of 1.1 GW in tenders. The win should add 9 percent to the company's RE portfolio and could earn 11.4 percent equity IRR. This should address its growth and energy mix concerns, according to a CNBC-TV18 report. … [Read more...] about NTPC share price gains after CLSA maintains buy rating
“All they want is a salesman, and they hire a designer; it just doesn't work that way. A designer understands the client's needs and gives them what they want to fulfil their desire,” says Siddharth, a former designer at Livspace, who left the company earlier this year, and requested that his last name not be used. “Livspace wants wealth. They ask us to sell and sell — stuff that you know is a criminal waste, but still you sell to meet your targets. It’s not why I chose to be a designer.” … [Read more...] about Hot startup Livspace faces backlash from angry customers, vendors and ex-employees