In 2016, new players such as Amazon Prime Video and Netflix emerged in India's OTT video space, besides Spuul, TVF Play and Voot. A report by Edelweiss predicts that the phenomenon of ‘cord cutting‘ by TV users as very visible in the US, will not occur in India.
The public issue comprises fresh issue of shares worth Rs 418.80 crore and an offer for sale of up to one crore shares by Warburg Pincus and 36,76,820 shares by Abraaj, as per Draft Red Herring Prospectus.
Vikas Khemani, President, Co-Head Wholesale Capital Markets at Edelweiss Capital has a positive view on Sun Pharma.
In an interview to CNBC-TV18, Khemani said he does not expect inflation to rise in the near-term, hence it is a good time for the Reserve Bank to cut rates.
Nischal Maheshwari - Head - Research at Edelweiss Capital recommends buying UltraTech Cement and Axis Bank.
Nischal Maheshwari - Head - Research at Edelweiss Capital is of the view that one may prefer Dewan Housing Finance, JK Lakshmi Cement and Mahindra and Mahindra.
Nischal Maheshwari - Head - Research at Edelweiss Capital is of the view that Maruti Suzuki, Tata Motors and M&M are the top picks.
Nischal Maheshwari - Head - Research at Edelweiss Capital is of the view that one may buy UltraTech Cement, J K Lakshmi Cement and ACC.
Vikas Khemani of Edelweiss Capital feels that ICICI Bank and HDFC Bank will give 15-20 percent returns in the next three to four years.
Vikas Khemani of Edelweiss Capital is positive on Infosys.
Vikas Khemani of Edelweiss Capital is bullish on Larsen and Toubro.
One should maintain a balanced IT portfolio between large and midcap stocks, Vikas Khemani of Edelweiss Capital said.
Vikas Khemani, President & Co-Head Wholesale Capital Markets at Edelweiss Capital advises buying Punjab National Bank and UCO Bank on 10-15 percent correction.
Vikas Khemani, President & Co-Head Wholesale Capital Markets, Edelweiss Capital prefers the two-wheeler space over the four-wheeler companies like Bajaj Auto. He is bullish on Tata Motors on the back of JLR's strong performance. He advises investors to buy PSU banks if they fall further this month.
Vikas Khemani, President, Co-Head Wholesale Capital Markets at Edelweiss Capital is positive on telecom space. He likes Bharti Airtel and Idea Cellular.
Vikas Khemani, President, Co-Head Wholesale Capital Markets at Edelweiss Capital is positive on Tata Motors.
Vikas Khemani of Edelweiss Capital is positive on IT space. "IT and export driven sectors would continue to remain positive and in limelight," he adds.
According to Vikas Khemani of Edelweiss Capital feels ICICI Bank can outperform the Nifty by a far margin. "This stock is one of the largecaps which could potentially give very significant return," he adds.
According to Vikas Khemani, IT and export-driven companies will continue to outperform given the depreciation in rupee. He also sees huge amount of capex coming into the manufacturing export space.
The market will be closely watching the government‘s borrowing figure for the next fiscal as that will be critical to reviving the corporate investment cycle, says Nitin Jain, Head of Capital Markets, Edelweiss Capital.
Premier stock exchange BSE moved closer to its IPO plan by selecting 14 investment banks, including Bank of America-Merrill Lynch, JP Morgan, Barclays and UBS, for a public issue that is slated to hit the markets in the first half of next year, a top official said.
Shares of Indian brokerages rally on hopes for improved stock trading volumes.
Edelweiss Capital has reported a sales turnover of Rs 52.79 crore and a net profit of Rs 15.55 crore for the quarter ended Mar '12
The government is taking measures to boost equity market.
Edelweiss Capital has reported a sales turnover of Rs 46.04 crore and a net profit of Rs 10.62 crore for the quarter ended Dec '11