[www.niftyviews.com:25651] India: Banks Should Be The Big Short Now

2016-11-04 Thread Rajiv Handa
Yield Play-Largely Done Kotak Securities Two out, third shaky. We believe (1) the ‘yield’ story (multiple expansion) is largely done with global central banks unlikely to cut short-term rates further; in fact, global bond yields have started to harden and (2) the ‘cost’ story (margin expansion st

[www.niftyviews.com:25650] Nifty Dragged By “Blood Bath” In Pharma And Confusion Over GST Amid Tepid Global Cues And Closed The Week Around 2.4% Lower Marked By US Election Outcome Anxiety; What’s Nex

2016-11-04 Thread Asis Ghosh
*Market Wrap: 04/11/2016 (16:30)* Nifty Fut (Nov) today closed around 8458 (-0.70%) after making a session high of 8530 in the opening session and subsequent day low of 8426. *Technically, for next week (07/11/2016), NF has to sustain above 8440-8485* area for any bounce back; otherwise i