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India’s incremental earnings from overseas trade, anchored in potential investments from the likes of Apple and Foxconn, could surge by $160 billion by 2024, with New Delhi emerging as a feasible alternative to Beijing for manufacturing and other capital-intensive industries in a global de-risking of supply chains.
Sensex rallies 40% from March lows, but 2 in 3 stocks fail to keep paceThe BSE 500 index has gone up by 40.3 per cent, from 2020 low of Rs 7,864.01.
from Stocks-Markets-Economic Times https://ift.tt/3isQVNs
… Read MoreUncertainty sees companies suspending guidanceCovid-19 Impact Large cos such as Infosys, Larsen & Toubro, Hindustan Unilever, among others, feel business is an evolving situation in the midst economic uncertainty during the pandemic, and guidance would be improbable
… Read MoreBuy HDFC Bank, target price Rs 1,379: ICICI SecuritiesOn the cost front, the bank has been agile about consistently bringing down cost to assets by more than 40 bps and it still has a further buffer to manage it by 15-20bps to cushion any earnings volatility.
from Stocks-Market… Read MoreSell Vodafone Idea, target price Rs 8: ICICI SecuritiesICICI Securities is concerned about the dip in mobile broadband subscribers, which means Voda Idea is unable to even retain subscribers who are converting from 3G to 4G.
from Stocks-Markets-Economic Times https://ift.tt/38or… Read MoreIndia may ease regulatory pricing cap for ECBsCurrently its capped at 4.5 % over LIBOR; May help borrowers to improve liquidity at the time of Covid pandemic
from Stocks-Markets-Economic Times https://ift.tt/3ilVZU9
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