Friday, 15 July 2016

After Infy shocker, brace for short-term hiccups; 5 value picks in a falling market

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ET Markets Daily Brief | Fri, Jul 15, 2016 | 04:16 PM IST

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Trust value and not price in a falling market; 5 value picks

Even though solid economic fundamentals back the Indian market, too much of hope can spoil the party for the bulls and there could be a phase of consolidation.

Infosys vs TCS: Which stock is ahead in the race after Q1 results

Shares of Infosys are up 6% since April, outperforming those of TCS, which slipped a little over 3% in the same period compared with a 10% rise in Sensex.

Here's what happened on Dalal Street all through Friday

Interview One to One
We have to continuously track where the global bond yields are headed from here. That will ultimately decide if the s...
Sudhir Agrawal, Fund Manager, Fixed Income, UTI MF
Market Watch 15 Jul | 04:16PM|
SENSEX NIFTY USD/INR GOLD
27836.50
-105.61
8541.40
-23.60
67.05
0.14
31079.00
129.00
Gainers Losers 15 Jul, 2016, 04:16PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Commercial Syn Bags Ltd. 34.55 19.97 114000 34.55 34.55
Barak Valley Cements Ltd. 23.20 19.90 162849 23.20 18.30
Mangalam Timber Products Ltd. 30.45 19.88 48874 30.45 30.45
Tweet of the day...
FROM THE NEWSPAPER
Top six takeaways from Infosys Q1 results; stock cracks 10%

"We had unanticipated headwinds in discretionary spending in consulting services and package implementations," said Vishal Sikka, CEO, Infosys.

Infosys Q1: Brace up for short-term hiccups amid slower project rampups

2 factors that will matter for investors are the impact of Brexit on Indian IT exporters and ability of these firms to deliver solutions using new technologies.

Look, how GenNext private lenders are gaining market share from peers

Since most PSBs focus on home loans, private banks are likely to race ahead in terms of growth, given their strong presence in the unsecured retail loan space.

Global brokerages expect TCS to scale Rs 3,000 in 12 months

TCS met net profit expectations, but lagged in volume growth. Historically, June and Sept quarters bring in better demand growth for software exporters.

ICICI Pru Life set to file for nearly $750 mln IPO - sources

Under plans for the IPO, ICICI Pru Life will seek a listing during the second half of this year. ICICI Bank will sell shares in the offering, which will not include the issue of any new stock, one of the people said.

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