Domestic


 

A U.S. congressional panel next month will hold a hearing on violent extremism, including threats from domestic militants, following a white supremacist rally in Charlottesville, Virginia, that turned deadly.

congressional domestic extremism hearing including militants panel threats violent White

 

International steel stocks are definitely out of favor currently, with valuations more healthy compared to domestic alternatives. In fact, some of the larger international players are, and continue to be, impacted by these moves.

China demand domestic export market POSCO product South Steel ton

 

At issue is whether the financial woes of Suniva and its co-petitioner, SolarWorld Americas, are a result of unfair competition from Chinese companies benefiting from state subsidies, or of their own business practices.

Among those opposing the Suniva petition is the American Legislative Exchange Council, which is connected with Charles G. and David H. Koch, billionaire brothers whose fortunes derive, at least in part, from fossil fuels.

Chinese domestic manufacturers panel petitioner solar SolarWorld subsidies Suniva trade

 

That domestic retail investors have become a force to reckon with is evident from the huge amount of money they have poured into the market after demonetisation — Rs 1 lakh crore in the first seven months of the year. However, only a small portion of domestic savings is going into equities.Equity savings as a percentage of financial savings is 6.2% and according to a Morgan Stanley report is expected to reach 10.2% by 2026.

domestic equity fund income investors money mutual Rs Savings tax

 

Investment by foreign investors in the Indian equity sharply declined to $2.12 billion in the quarter ended June 30 from $6 billion in the preceding three months on global and domestic concerns.

However, the value of total in Indian equities rose to $383 billion in the April-June quarter, higher than the $366 billion in the previous three-month period, according to a report by Morningstar Investment Adviser This is the highest level of foreign into Indian equities in a quarter since 2012.

concerns domestic equities foreign global Indian investment June quarter report

 

The demand for companies with market capitalisation (m-cap) of over $10 billion (Rs 64,000 crore) — also known as mega caps — is set to increase on the back of higher institutional investor flows. Making the right mega- and large-cap call may become crucial to generating alpha.”The third and a crucial factor is the exponential growth in domestic “We believe that domestic ETFs' are likely to grow 30 times in the coming decade to $200 billion,” the analyst duo says.The growth of ETF has picked up in recent years because of more pension money being allowed in the Indian market.

bank cap domestic growth India market mega Morgan picked Stanley

 

SORL Auto Misses Earnings, Could Use a Tune Up [-0.02]

Posted on Aug. 14, 2017, 3:10 p.m. by 24/7 Wall St. @ [source]

SORL Auto Parts Inc. (NASDAQ: SORL) released its second-quarter financial results before the markets opened on Monday. In the same period of last year, SORL posted EPS of $0.37 and $73.54 million in revenue.

consensus domestic EPS increased market OEM quarter Revenue sales SORL

 

Edible oil to become costlier by 4-5% on import duty hike [0.02]

Posted on Aug. 12, 2017, 11:40 a.m. by Markets @ [source]

The on Friday announced increase in on both crude and refined edible oil, a demand that the domestic seed crushing and refining industry had been making over the past several months.

But, a marginal increase is unlikely to make a difference for consumers.

cent crude crushing domestic duty edible import oil refined seed

 

Walking shoe company, Skechers (NYSE: SKX) , announced its third record revenue quarter in a row.

I contributed to Skechers second quarter revenue by buying a pair of Skechers walking shoes for the first time ever.

China domestic growth inventory management quarter Retail Revenue sales Skechers

 

The government on Friday hiked the on to 15 per cent from 7.5 per cent and on refined to 25 per cent from 15 per cent to curb and boost for supporting domestic farmers and refiners. At the same time, the government could have raised the duty difference between and refined palmolein to 12.5-15 per cent to support domestic refiners for value addition," SEA Executive Director B V Mehta told PTI.He said the decision would help in restricting cheaper to protect domestic farmers and processors.

cent domestic edible farmers government mt oils processors refined vegetable

 

NEW DELHI: Domestic equity markets are likely to see gap-down opening on Friday, tracking a 1 per cent crack on Nifty futures on the Singapore Stock Exchange (SGX Nifty) and weak global cues.ET Now spoke to various experts and here's what they have to recommend for today's trade: Rural Electrification Corporation (REC) is a 'Sell' call with a target price of Rs 150 and a stop loss of Rs 171.Just Dial is a 'Sell' call with a target price of Rs 315 and a stop loss of Rs 355. ITC is a 'Buy' call with a target price of Rs 285 and a stop loss of Rs 260.India Cements is a 'Sell' call with a target price of Rs 165 and a stop loss of Rs 178.

call Delhi domestic equity gap markets Nifty Rs Sell stop

 

From the next week demand could improve due to festivals," said Harshad Ajmera, the proprietor of JJ Gold House, a wholesaler in Kolkata.

Dealers in were offering a discount of up to $7 an ounce on official domestic prices this week, down from a discount of $11 last week, which was the highest since Sept. 24, 2016.

cents dealer demand discount domestic due global Gold ounce premiums

 

NEW DELHI: Domestic equity markets are likely to open on a negative note on Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.ET Now spoke to various experts and here's what they have to recommend for today's trade: Havells is a 'Buy' call with a target price of Rs 510 and a stop loss of Rs 490. Strides Shasun is a 'Sell' call with a target price of Rs 965 and a stop loss of Rs 990.Interglobe Aviation ( IndiGo ) is a 'Buy' call with a target price of Rs 1,350 and a stop loss of Rs 1,280.

call Delhi domestic equity markets negative Nifty Rs Sell stop

 

The escalating tensions between the US and North Korea roiled domestic equity markets , which ended down for the third consecutive session on Wednesday at a three-week low. Sentiment was also weighed down by the Securities and Exchange Board of India's directive on Monday night to restrict trading in 331 suspected shell companies.

cent domestic ended India investors market Securities session VIX Wednesday

 

Mutual fund ownership of BSE 500 companies at new high [0.11]

Posted on Aug. 9, 2017, 12:32 p.m. by Markets @ [source]

Aggregate domestic ownership of companies has touched a new high, rising from a low of 3 per cent in March 2014 to 6 per cent as of June 2017.

According to the note, the absolute holding of domestic and domestic insurance companies remains at 11 per cent, significantly lower than that of foreign portfolio investors at 21 per cent.

cent companies crore domestic equity Inflows investors June ownership Rs

 

The consolidated revenue for the quarter grew 30% to Rs 449 crore as compared to Rs 346 crore in the year ago period. The company had posted a profit of Rs 47.5 crore in the corresponding period previous year.The consolidated revenue for the quarter grew 30% to Rs 449 crore as compared to Rs 346 crore in the year ago period.So far in 2017, the stock of pharmaceutical company had outperformed the market by gaining 65% till Monday.

analyst BSE business domestic quarter Revenue Rs Rs crore Sensex stock

 

NEW DELHI: Domestic equity markets are likely to open on a negative note on Wednesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.ET Now spoke to various experts and here's what they have to recommend for today's trade: Jubilant FoodWorks is a 'Buy' call with a target price of Rs 1,375 and a stop loss of Rs 1,310. Nifty Bank is a 'Sell' call with a target price of Rs 24,400 and a stop loss of Rs 24,750.

call Delhi domestic equity FoodWorks markets Nifty Rs Sell stop

 

ET Intelligence Group: The swelling flow of domestic funds in the local equity market raises concern over its stickiness. But, data pertaining to the proportion of assets under management (AUM) and household savings in the GDP indicate that the flow may remain intact in the medium term.The total AUM of domestic mutual funds is 12 per cent of the GDP as compared to the global average of 55 per cent.

AUM cent domestic equity flow GDP inflow mutual fund saving years

 

Skechers (NYSE:SKX) is poised to grow in the future due to great opportunities worldwide, new products, and a winning marketing strategy.

Skechers is a footwear brand that sells its products to men, women, and children internationally.

brand decreased domestic grow increased product profit sales Skechers wholesale

 

NEW DELHI: Domestic equity markets are likely to open on a flat to positive note on Tuesday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues. SGX Nifty was up 4 points, or 0.04 per cent, at 10,093, indicating a positive start for NSE Nifty index.ET Now spoke to various experts and here's what they have to recommend for today's trade: Tata Elxsi Ltd. is a 'Buy' call with a target price of Rs 1,755 and a stop loss of Rs 1,710.

Delhi domestic equity Ltd call markets Nifty positive Rs SGX stop