Passion for equity markets, track economy closely Views are personal
HEXAWARE TECH: BOARD TO MEET ON JUNE 12 TO CONSIDER PROPOSAL FOR VOLUNTARY DELISTING OF EQUITY SHARES. STOCK LOCKED AT UPPER CIRCUIT
Bharti Airtel could offer 50-100% upside in 3 yrs: Assuming doubling of ARPUS over FY20-25 & a further 3-5% annual tariff hike beyond FY25, Cos fair value could range between Rs840-Rs1,110 by ar-23. @Airtel_Presence is key beneficiary of rising tariffs and ongoing consolidation
SGX NIfty futures up nearly 250 points, reclaims 10,000 levels If this level sustains, expect gap up for #Nifty tomorrow with high probability of the index reclaiming 10,000
#MakeInIndia push #AtmanirbharBharat #Atmanirbhar Imported SKUs delisted from all CAPF canteens effective June 1 List of 1026 imported products not to be available from now in CAPF canteens.
FY20 #GDP at 4.2%, weakest Growth in a decade, since the global financial crisis of 2008-09
March #GDP expands 3.1% YoY (Agencies)
Data Alert: March quarter #GDP number at 5 pm today S&P Global Ratings expect #India GDP to contract by 5% in FY21
FII ownership in #Nifty 500 hits 5-year low, DII holding up 20 Bps (QoQ) Promoter holding up 130 Bps (QoQ)
One more ......Latin America's largest airline, LATAM, files for Chapter 11 bankruptcy
Just In: #Reliance is said to prepare #Jio platforms for overseas IPO in next 12-24 months
RIL is currently pursuing $45 Bn in asset sales.
CLSA view on RIL, Buy with a target of Rs 1753 (potential upside of +22%) Grand plans of #RIL
Car rental giant files for bankruptcy.
Nil Battey Sannata ! Markets ⬇️ MFs⬇️ Crude ⬇️ GDP⬇️ Interest rates ⬇️ Bond Yield ⬇️ Rupee ⬇️ FII Investment ⬇️ Business sentiment ⬇️ Public investment ⬇️ Private investment ❌ Fiscal deficit ⬆️ Inflation ⬆️ Gold ⬆️ Keep on adding
#RBI 2021 #GDP growth seen in negative territory
#RBI MPC Cuts repo rate by 40 BPS
Whooping Rs78,562 Cr mobilised in matter of weeks. Jio #Reliance #RelianceJio
One more investor for Reliance Industries #RelianceJio