Net Interest Income (NII) is expected to increase by 0.8 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 2,053.3 crore, according to Motilal Oswal.
Stocks in news: Wipro | Mah Holidays | KFA | Moser Baer | Maharashtra Seamless | Panama Petrochem | Union Bank | Bilcare | Coal India | Shriram Transport Fin and Cairn India are stocks | which are in news today.
Motilal Oswal has come with its December`12 quarterly earning estimates for banking sector. The research firm expects RBI to start cutting interest rates from 4QFY13.
Motilal Oswal has come with its quarterly earning estimates on banking & finance sector for March 2012.
Go long in Shriram Transport Fin and JP Associates, says Sudarshan Sukhani, s2analytics.com.
According to Aditya Birla Money, traders can sell Shriram Transport Fin Future initially below Rs 665 and then any rise to Rs 675, with a closing stop of Rs 690 for a possible target of Rs 640/615 levels, in its May 20, 2011 research report.