Second wave is likely to affect performance of ABFRL for a significant part of FY22. However, brand recall of the core business and huge growth potential of emerging verticals will set stage for more upside
Representatives of both foreign and domestic retail companies, including Walmart, Tesco, Carrefour, Bharti, Aditya Birla Group, Tatas, Reliance and Pantaloon, among others met Commerce and Industry Minister Anand Sharma.
Future Group is confident of bringing down interest cost following consolidation across the group and is also focussing on increasing sale store sales growth.
AT&T's "It Can Wait" campaign shows you how texting while driving can have dramatic, and often tragic consequences.
Girish Nadkarni of Avendus Capital and SP Tulsian of sptulsian.com believe that the fourth quarter earnings season will reflect the slowdown across the economy. Tulsian advises investors to bet on Pantaloon and TVS Motor.
In CNBC-TV18's popular show Bull's Eye, Shahina Mukadam, Fairwealth Securities shares trading strategy of the day.
The big insurance deal took place last week with Pantaloon selling its non-core assets to Larsen and Toubro (L&T) and the stock did not have a very good reaction to it. However, SP Tulsian of sptulsian.com advised buying the stock at Rs 150 either as a short-term investor or as a positional trader.
PN Vijay, portfolio manager, askpnvijay.com, says that L&T Finance buying 50 percent stake in Future Generalli will be a trigger for L&T Finance in the long term. ICICI Bank at current level is a good buy and can provide a return of 20 percent in next 12 months. DLF at Rs 240 is an excellent pick and is a best pick among the real estate space.
Technical analyst, Sudarshan Sukhani, s2analytics.com said that technical pointers suggests that a short-term bounce is likely.
Technical analyst, Sudarshan Sukhani, s2analytics.com shared his reading and outlook on market and specific stocks.
ACC | Tulip Telecom | Amtek Auto | Subex | GMR | Berger Paints | M&M | Indiabulls Financial | Pantaloon Retail | Nalco | L&T and Suzlon Energy are stocks, which are in the news today.
SP Tulsian, sptulsian.com advises traders to go long on Godrej Industries.
Technical analyst, Sudarshan Sukhani, s2analytics.com said that we just have to take a view that the market is holding on to the lows that it made on Thursday. If those lows hold and first sign of life is coming in the Bank Nifty then it is worthwhile taking a long trade.
Technical analyst, Anu Jain, Sr. Vice President - IIFL Private Wealth Management said that the immediate support where market could hold, irrespective of global scenario is 5,585 to 5,620.
In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.
The recent correction in the Pantaloon stock could have been caused due to selling by Mauritian investors following confusion created by P Chidambaram's proposal in the Budget 2013-14 that appeared to target tax treaties, Rakesh Biyani, Joint MD, Pantaloon told CNBC TV18.
Raymond | Gujarat NRE Coke | GVK Power | Jet Airways | Pantaloon Retail | HCL Tech | Binani Industries | Future Ventures | ICICI Bank | Hathway Cables and Reliance Industries are stocks, which are in the news today.
Sudarshan Sukhani of s2analytics.com says that a short-term downtrend in Nifty and Bank Nifty has started.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com shared his reading and outlook on market and specific stocks.
Sudarshan Sukhani of s2analytics.com advises traders to sell Pantaloon and Raymond.
Key indices were flat in early trade, awaiting fresh triggers to build on the recent rally. Brokers said strong third quarter earnings that have been reported so far, has been discounted and the focus is now on the RBI monetary policy review meeting next Tuesday.
It was a quite but a solid start to the week. The Nifty did not look in any danger of a big correction today. It started closed with modest gains. Just in the middle of the day there was a period where it looked like it would give up most of its gains but that got arrested towards the end.
Fair trade regulator Competition Commission has approved the restructuring of Future group's fashion businesses, that includes Pantaloon Retail.
Suzlon Energy may give good returns, says SP Tulsian, sptulsian.com.
In an interview to CNBC-TV18, Sudarshan Sukhani, s2analytics.com says the immediate target for the Nifty seems to be 6,030-6,040. "We should be buying the Nifty not just for an intraday trade, but for a much longer move," he adds.