Kotak Mahindra

Short term and long term advice, Nifty prediction

Nifty is not expecting to go below 7800 level. In next three months, Nifty will touch 8600-8800 level. The global market is strengthening, which is a good cue for the domestic market. Commodities price is increasing, which tend to increase equity price. In future, Metal sector may play an important role to boost the market.  at the end of December,  domestic market may start with the uptrend. According to advisors, for short term there is selling pressure on Kotak Mahindra, Indusind Bank and HDFC Bank. For Long term, investors may believe on NBCC, Power Grid, EIL and NTPC shares. In real est...
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GAIL: Profit decreased 15.5%, SENSEX closed at 27565, Stocks for Investment

In fourth quareter of fiscal year 2015 GAIL profit decreased 15.5% to Rs 511 crore, and income decreased 4.7% to Rs 14271 crore. SENSEX and Nifty recovered from lower level, SENSEX closed at 27565. At MCX Gold and Silver Commodities are trading flat, Crude oil price rose, Base Metals are trading weak. According to Brokers poll, 41% brokers expect Nifty May future expiry between 8300-8350. Stocks for investment Axis Bank, Kotak Mahindra, Yes Bank, Central Bank, IRB infra.
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Kotak Mahindra Net profit increased,

Kotak Mahindra Bank January-March quarterly Net Profit raised 29.48% to Rs 527 Crore. Bank  Income from Interest increased from Rs 967 crore to Rs 1123 crore. On YOY basis the growth in income from interest is 16.3%. Bank announced one Bonus share for each share to please share holders, after this news a giant leap has witnessed in stock price. Bank Stocks gained 5% traded near Rs 1400. According to Banking analyst Kotak quarterly earnings remains better than expected. Expert View: Currently valuations of shares are high, advice to buy on dips. Commodity Updates:  Gold continues to fall...
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