A report by Economic Times Intelligence group on the salary drawn by CEOs of Nifty companies‘ pegs average annual remuneration at Rs 13 crore, nearly 237 times the median pay scale drawn by other employees at their respective company.
The demonetisation move has hit the returns potential of a slew of sectors. Subsequently, Birla Sun Life Mutual expects the Nifty companies to yield 8 percent growth by end of FY17, said Mahesh Patil, Co-Chief Investment Officer-Equity, Birla Sun Life Mutual Fund
Nifty companies are likely to witness a modest growth in the second quarter of the current fiscal, but will fare better thereafter on account of sustained policy reforms, above normal monsoon and benign interest rates, says a report by ICICI Securities.
Deepak Shenoy, founder of capitalmind.in says one should expect huge volatility in the market tomorrow as announcements are made.
Prabhudas Lilladher has come out with its report on "India strategy & top ideas - August 2013". According to the research firm, ITC, Infosys, HDFC Bank, NTPC, Wipro, ICICI Bank, Larsen & Toubro, Mahindra & Mahindra, Hindustan Zinc, Adani Port & SEZ, Titan Industries, Ranbaxy Laboratories and Shree Cement are the top picks in large cap space.