Thursday, July 25News That Matters

Stocks

11 stock picks by BoA-ML for 2nd half of 2014

Stocks
 As we head towards the second half of 2014, here are some stock picking ideas by Bank of America Merrill Lynch for better returns.These stocks are market-agnostic ideas and are chosen based on potential target price upside as well as catalysts ahead. Here are “The Playing Eleven” by BoML Stock upside potential Bharat Electronics 13% Bharti 15% ICICI Bank 28% Lupin 22% Maruti 20% OIL 13% Prestige 18% TCS 18% Titan 25% Voltas 22% Tata Steel 34%  

10 stocks that will benefit from BJP’s 100 Smart cities plan

Stocks
The market is excited about the NDA government's plan to develop 100 new smart cities as it could boost demand for several other industries. For instance, Assuming a population of two lakh in each of the 100 cities and four people in each house, the smart city plan would generate demand for 50 lakh new homes. ETIG has identified 10 stocks that will likely be among those benefiting the most from a construction boom.  Asian Paints and Berger Paints Asian Paints and Berger Paints together control close to 75% of India's organised retail paint market. The Indian paint industry, which was growing 1.6-1.8 times the pace of gross domestic product until a few years ago, now expands at twice the speed of GDP as consumers shift to branded products. And, both Asian Paints and Berger Paints have post...

6 Shares bought by MV SCIF Mauritius

Stocks
MV SCIF Mauritius, part of US-based asset managment company Van Eck Associates Corporation, picked up over two crore shares of six companies, including Unitech , Tata Elxsi , MTNL and Gitanjali Gems for an estimated amount of Rs 122.54 crore through open market route. MV SCIF Mauritius purchased Unitech ( 1.75 crore) for nearly Rs 58 crore  @  Rs 33.07 apiece. MTNL (24 lakh), Gitanjali Gems (4.97 lakh), Tata Elxi (3.29 lakh), Ceat Ltd (2.18 lakh), Natco Pharma (1.74 lakh). The entity also offloaded total of 1.92 crore shares worth Rs 64.6 crore of -- Ashok Leyland , Spicejet and Punj Lloyd -- according to the bulk deal information with the stock exchanges. In separate transactions, MV SCIF Mauritius sold 1.36 crore shares of Ashok Leyland for about Rs 44.50 crore. offl...

Rakesh Jhunjhunwala invests Rs 55 crores in Edelweiss Financial Services,

Stocks
12/6/2014   In a block deal Rakesh Jhunjhunwala bought a 1.3% stake in homegrown financial services firm Edelweiss Financial Services on Thursday. Jhunjhunwala bought 1 crore shares of the firm at Rs 55 per share from GPC Mauritius, an FII which sold over 2.6 crore of Edelweiss shares at an average price of Rs 56.34 on the BSE. Also read - Rakesh JhunJhunwala Portfolio Holdings - June 2014 According to bulk deal disclosures on the BSE, two funds managed by GPC Mauritius sold about 1.18 crore shares in one fund and another 1.44 crore shares in another. On June 5, the FII had sold 1.25 crore shares of Edelweiss, and as per the March 2014 shareholding data disclosed to the exchanges, GPC Mauritius holds about 1.85 lakh shares of the company. In Thursday's relatively strong market,...

Bulk Deals by Mutual Funds in 2014

Stocks
In this post, I am trying to list all the Bulk deals done by Mutual Funds in India. This gives an idea of what Mutual funds are betting on. Bulk Deals by Mutual Funds in June 2014 EXC Date Company Client Tran Qty Traded Price BSE 10-Jun-14 Kirloskar Ferro ICICI PRUDENTIAL MUTUAL FUND Sell 782567 38 BSE 09-Jun-14 Prism Cement HDFC MUTUAL FUND Buy 12107022 71.5 NSE 06-Jun-14 Gateway Distri ICICI PRUDENTIAL MUTUAL FUND Buy 1000000 228 BSE 05-Jun-14 Praj Industries HDFC MUTUAL FUND Buy 11000000 75 Bulk Deals by Mutual Funds in May 2014 NSE 30-May-14 Astra Microwave HDFC MUTUAL FUND Buy 450001 108.97 NSE 30-May-14 Venkys RELIANCE SMALL CAP FUND Buy 50000 480 NSE 27-May-14 Sintex Ind CREDIT AGRICOLE ASSET MANAGEMENT SINGAPORE LIMITED (SOFT/BL Buy 1612470 ...

Major Stock Deals / Top Brokerage Recommendations

Stocks
Recommendations (11 June-2014) TVS Motor  ( Deutsche) Grasim   (JPMorgan) Kotak Mahindra Bank (Deutsche) Maruti Suzuki   (Target Rs 2900 - Bank of America Merill Lynch) Sun Pharma ( Target 717 - Barclays) Bharti   ( Target 415  - CLSA)   PTC India -    Macquarie Emerging Markets Asian Trading PTE Limited bought 15,76,800 shares @ 100.58 Strides Arcolab -   Morgan Stanley Asia (Singapore) PTE bought 3,26,212 shares @ 623.62 Logix Microsystems -   Morgan Stanley Asia Singapore PTE bought 5,69,428 shares @ 12.51 Prism Cement - HDFC MF bought 1.21 crore shares @ 71.50 Gateway Distriparks - ICICI MF Bought 10 lakh shares @ 228  (6-Jun-2014) Praj Industries -  HDFC MF bought 1.1 crore shares @ 75 ( 5-Jun-2014) Orbit Corp  -  MORGAN STANLEY ASIA SINGAPORE PTE bought 12.4 lakh shar...

RBS top Stock Picks for Medium to Long term

Stocks
RBS has released a list of stocks which they think will outperform the market in medium to longer term 1. Indian Olympians II - can give 5% more return than Index ASIAN PAINTS BATA CUMMINS CRISIL DABUR DIVI's lab HDFC BAnk INFOSYS Sun Pharma TCS 2. Opportunist - can give 10-50% returns GVK POWER CROMPTON IVRCL TEXMACO GUJARAT PIPAVAV  

FII now buying Midcap / Small cap Stocks

Stocks
  After rally in last few months, Many Nifty and Sensex Copanies are richly valued, so investors & FII are turning their attention to battered shares of smaller firms. Recent large-scale FII buying in smaller companies includes GMO Emerging's purchases in J Kumar Infra, Ashoka Buildcon Techno Electric and Gayatri Projects Abu Dhabi Investment's buying into MT Educare FII Investment through Participatory notes. Orbit Corp, Sequent Scientific and Gati

13 stocks recommended by Domestic Brokerage Houses

Stocks
Company Target Price Upside Potential Recommended by Bajaj Electricals 441 47% Angel Broking Dishman Pharmaceuticals 123 37% Angel Broking KEC International 160 36% Maximus Sec Page Industries 8395 34% Emkay Global KSK Energy 150 34% Emkay Global Sun Pharma 788 31% Emkay Global Supreme Infra 417 27% ICICIDIrect Aurobindo Pharma 771 24% ShareKhan Kaveri Seed 825 23% Motilal Oswal Sundaram Finance 995 13% Firstcall Tata Chemicals 345 12% Prabhudas Ipca Lab 882 10% Angel Broking ONGC 457 10% ICICIDIrect         04 June 2014 Wealth18.com