Categories: Uncategorized

Evening News Round-up 7-Nov:

*Near-term Sensex target at 29000; constructive on India: MS

*This is a buy & hold market for 12-15 months: Vibhav Kapoor

*Bullish on mkt; buy pvt banks, short Hindalco: CK Narayan

*Play select stocks; won’t be straight line move to 9000: Udyaan

*Corp Bank Q2 net jumps 10 fold to Rs 160 cr

*Vijaya Bank Q2 net up 5.5%

*Marico Q2 up 12% to Rs 118 cr

*Petronet net up 45% in Sept quarter

*Syndicate Bank Q2 net declines 33% to Rs 315 crore

*Cummins India surges over 10% as Q2 profit beats estimate

*Arvind Ltd Q2 up 4% to Rs 93.26 crore

*Aurobindo Pharma Jul-Sep quarter net up 58% to Rs 372 cr

*L&T Q2 net up 21% led by other income, infra rev jumps 23%

*Bank of Baroda Q2 profit falls 5.5%, NII jumps 17.5%

*US factory activity back at 3-1/2-year high, auto sales rise

*Rouble sinks, global markets await US jobs numbers

*Google to sell Nexus 6 for Rs 44K; Nexus 9 at Rs 28,900 onwards

*Model code of conduct won’t affect relief work in J&K: EC to SC

*India, Israel to collaborate on fighting terror, cyber threats

*SpiceJet suspends Surat operations, after run-in with a stray animal

*See H2 EBITDA margin at 13-14%; 20% FY15 profit growth: Jyothy Labs

*Crompton seeks shareholders nod to hike FII invest limit to 100%

*Godrej Properties sees robust portfolio launches in H2FY15

*IIFL considers eliminating trading commission: report

*Eye improved margins; new gym launches in Q3: Talwalkars

*Gas price hike inadequate to attract investments

*Seeing positive trends in car & 2-wheeler biz: Gulf Oil

*Time ripe for US-based cos to invest in India: NRN Infy

*Dr Reddy’s, Endo get FDA approval to launch generic Valcyte

*Choppy Sensex, Nifty end flat; auto, cap goods, auto drag

*Telecom Commission sends back spectrum proposals to TRAI

*Companies garner over Rs 5,000 crore via NCDs this fiscal

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