March 19, 2018
Union Minister Ravi Shankar Prasad today said the Nokia facility at Sriperumbudur near here, was left like an "orphaned child" and the Centre was "on the job" to make it operational. Finland-based Nokia, one of the largest employers in Sriperumbudur, had provided jobs to 8,000 people when the facility was functioning with full capacity. The…
March 19, 2018
Here’s a lowdown on top macro triggers that may move market on Monday. This report was compiled from agency feeds. SC Ruling to Ease Land Acquisition In a landmark judgment that will aid public authorities in ensuring land acquisition for public purposes is not thwarted by vexatious litigation, the Supreme Court has held that land…
March 19, 2018
Talking to ET Now, PPankaj Murarka , Founder, Renaissance Investment Managers, says we are at present in a two-speed bull market and that he is excited about capital goods, corporate banks, consumer durables and select pockets of healthcare especially pharma CRAM space.Edited excerpts: The markets have been relatively volatile. As someone who looks at more…
March 19, 2018
Talking to ET Now, Sanchita Mukherji, Blue Edge, says investors would do well to invest into diversified equity mutual funds where the fund manager’s alpha is over and above the beta generated by the broader markets.Edited excerpts: Last time we spoke, you were not quite optimistic on the market and the market is moving in…