Inox Leisure could narrow valuation gap with PVR
Analysts acknowledge that the company has upped its presence in premium locations – Stocks-Markets-Economic Times
Month: November 2019
Of 35 classified sectors, foreign funds flow most into ‘others’
There are 35 sectors according to NSDL’s classification for FPI investment. – Stocks-Markets-Economic Times
Domestic investors grow in strength as foreign funds take a step back
Despite heavy selling by FPIs, markets, have managed to increase to new highs. – Stocks-Markets-Economic Times
Mazda braces for 30% FY profit drop on falling car sales in U.S., China – Nikkei
Mazda Motor Corp is facing a drop in annual profit of about 30% as the Japanese automaker struggles with falling sales in the United States and China, its biggest markets, … Read More
Pompeo awarded Pepsico India for saving over 17 billion litres of water
Established in 1999, the ACE recognizes US companies that promote and uphold high standards as responsible members of their communities where they do business. – The Hindu – Industry
Nintendo shares jump almost 7% after strong Switch Lite launch
Shares in Nintendo Co Ltd jumped almost 7% on Friday, a day after the Japanese gaming company reported strong demand for a low-cost version of its hybrid home-portable Switch console. … Read More
Gold set for second weekly rise on trade deal uncertainties
Gold prices were little changed on Friday as investors evaluated whether the Federal Reserve’s would continue to cut rates, but the metal was set for a second weekly gain as … Read More
Analyst Calls: Gujarat Gas, SKF India, Ramco Cements, Inox Leisure
Jefferies has upgraded Gujarat Gas to buy from hold and raised target price to Rs 240 from Rs 170. – Stocks-Markets-Economic Times
India’s sugar output seen falling, global deficit rises: FCStone
India’s 2019-20 sugar production should fall to 26.9 million tonnes, 1.3 million tonnes below an August projection, due to unfavorable weather conditions, broker and analyst INTL FCStone said on Thursday. … Read More
Oil prices stabilise, but set for big weekly loss amid trade gloom, rising output
Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand. – Reuters: Money News