If Brexit happens the market may not react too much because the news is already discounted, says Vallabh Bhanshali,Chairman, Enam Securities.
Calling Budget positive Adrian Mowat of JPMorgan said the government has clearly put emphasis on kick-starting the economy, public spending and infrastructure. On fiscal deficit figure, which has been revised to 3.9 percent from 3.6 percent, Mowat said he is not worried about it.
It was a phenomenal Railway Budget compared to the earlier ones by being a visionary and a populist one, says Vallabh Bhanshali.
Crowdfunding is being used not only to raise funds for causes like art exhibitions, but also for CSR activities by NGOs. Market experts say this phenomenon should be assimilated into capital markets.
Vallabh Bhanshali, founder and chairman of Enam Securities believes it is time to change India‘s self image and create and environment for new businesses
According to a government official there is a proposal to appoint 6-7 merchant bankers to manage Coal India stake sale.
Axis Bank has allotted 1.2 crore shares to Enam Securities, reports CNBC-TV18. At 09:23 hrs Axis Bank was quoting at Rs 1,195.10, down Rs 4.40, or 0.37%.
In an interview to CNBC-TV18, Vallabh Bhansali, chairman, Enam Securities says the merger of the two software services exporters is a landmark move.
The selection committee unanimous selected the youngest son of Shapoorji Pallonji, Cyrus P Mistry, to be the new successor to Ratan Tata as the deputy chairman of Tata Sons. Even though the decision was surprising, Vallabh Bhanshali, chairman of ENAM Securities sees a rationality of this decision.
Like many others veteran banker Deepak Parekh says the downgrade of Indian banks by Moody's is totally unjustifiable. In fact India's leading housing finance company’s head goes one step ahead and says India should have its own rating agency.
With the Enam Conference underway, CNBC-TV18 finds out the mood across conference in such turbulent times from Dharmesh Mehta and Srinivas Subramanian of Enam Securities. While Subramanian said that 2011 will be a little more wary, Mehta told that majority of hedge funds are short or underweight India today.
Manish Chokhani and Dharmesh Mehta of Enam Securities say, there is a great opportunity for long-term value investors. “Long only investors are coming back to India.”
The Axis Bank’s board has approved the buy of investment banking and equities businesses of Enam Securities. Siddharth Shah, Nishith Desai and Associates, in an interview on CNBC-TV18, shared his views on this transaction.
Axis Bank’s board has approved the buy of investment banking and equities businesses of Enam Securities. In an interview to CNBC-TV18, Vaibhav Aggarwal, Angel Broking said, in the larger scheme of things, there won’t be a material impact on Axis Bank.
Private lender Axis Bank said on Friday its board has approved the buy of investment banking and equities businesses of Enam Securities.
The initial public offer (IPO) of TD Power Systems was over subscribed 2.92 times on the last day of the issue today.
The initial public offer (IPO) of TD Power Systems was subscribed 0.88 times on the second day of the issue today.
The bear fight has become rather brutal and blood stains have dirtied markets. Indian market too has its share of bloodshed but experts feel that the pain is going to ease out soon.
Though Indian market is following its global peers and on a losing spree, experts still consider it to be a safe haven. Most experts feel that valuation of Indian market is still attractive.
In an interview to CNBC-TV18, Dharmesh Mehta, MD-Institutional Equities of ENAM Securities said, current fall is a great buying opportunity for all retail investors. According to him, interest rates sensitive should be a good place to hide because the valuations are cheap. “Banking is the favourite amongst all,” he added.
Apollo Hospitals today said it has initiated a share sale to qualified institutional buyers to raise up to Rs 330 crore, which the firm plans to use for expansion purposes.
The Securities Appellate Tribunal (SAT) today kept July 13 as the date for final hearing in the Enam Securities as against the Securities and Exchange Board of India’s tussle over alleged discrepancies in the Yes Bank IPO.
It was a tough session for the markets and a disappointing close to the week. Experts don’t see sharp fall in the Indian markets and say that the downside is capped.
Hero Honda shares surged over 6% in morning trade to Rs 1697,20 on NSE, recouping the losses it incurred on Wednesday. However, analysts are divided on Hero Honda Motors, a day after the world’s top motorcycle maker reported a 16.2% year-on-year drop in fourth quarter (January-March) net profit as costs surged.
Shares of Reliance Industries fell 2.5% to Rs 1,015 in the morning session on National Stock Exchange as investors thumbed down the company’s fourth quarter earnings, which missed most analysts’ expectations on net profit and gross refining margins.