While all indicators may be positive, excessive optimism should be approached with caution, says Agrawal, stressing on the need for careful analysis in times of heightened positivity
Brokerage firm Motilal Oswal Securities has upgraded TeamLease Services Ltd with a buy rating from neutral earlier and increased its target price to Rs 2890 a share, up 34 percent from its current market price.
A higher commission model was especially needed because ONDC cannot keep funding discounts for long nor can it forgo its own commissions for software and network upkeep. A like-for-like comparison shows the current commission rates of food techs and ONDC are similar.
Duggad believes banking, auto and oil & gas companies will do well in 1QFY23
Gross NPAs may jump to 11.5 percent (from 10.35 percent in Q3FY18), while net NPAs are likely to rise to 6.1 percent (5.61 percent in Q3FY18) of total loans.
Motilal Oswal has come out with its sector report on Telecom dated September 13, 2017. Low-priced VoLTE smartphones in focus; capex shifting toward backhaul.
Motilal Oswal is bullish on MCX has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated September 28, 2016.
While demand for petrol segment seems to be stabilizing (on a low base), demand for diesel segment has weakened, post correction in fuel price disparity. This could impact Maruti Suzuki's (MSIL) margins, said the Motilal Oswal Securities note to clients.
Gautam Sinha Roy of Motilal Oswal, says that he thinks that the market may see a pullback in short term but in a broader sense the market is likely to correct for 1-2 months and that will give opportunity to buy many stocks of different sectors.
Though not much is expected from the European Union Summit, it will instill confidence in the market if it manages to deliver. The summit is expected to result in a stimulus package of some 130 billion euros in infrastructure bonds, regional aid funds and European Investment Bank loans.
Wealth Creation is a long unending story which goes on to decades. The investors should carefully select the asset class i.e. Equity, Debt, Commodities etc.