Falling gold prices will lower CAD by 5% of GDP: CLSA

Earnings should decline by 3.5% in Q4 with broad based growth deceleration, says Mahesh Nandurkar, CLSA.

Mahesh Nandurkar of CLSA says a potential economic recovery by the H2FY14 will improve wage growth, but consumption demand will take longer to recover.

"We expect a trend reversal as the company is expected to deliver 40% earnings growth (CAGR) over 2013-2015," said Mahesh Nandurkar, an analyst at CLSA, in a note to its clients.

MUMBAI: The S&P BSE Sensex witnessed a choppy session on Friday in absence of fresh buying interest after the recent sharp rally. Gains in technology, FMCG and realty were offset by losses in banks, pharmaceuticals and capital goods sectors. "Q4 has ...

The strong market gains over the last few weeks and potential disappointment on rate action implies a market correction is possible. Our top picks are ICICI Bank, Axis Bank, LT, Tata Motors Zee Entertainment, says Mahesh Nandurkar, CLSA.

Parsvnath Developers Ltd. (PARSV), an Indian builder that counts JPMorgan Chase & Co. among project investors, says sales growth is rebounding after four quarters of declines, as rate cuts this year help revive the economy. The real-estate company, ...

(Financial Express (India) Via Acquire Media NewsEdge) n Nifty posts biggest single-day fall in a week, ignoring better-than-expected IIP data Indian equities declined more than 1% on Friday as fears of dismal corporate numbers and earnings ...

Four experts comment on whether the budget has managed to tackle the headwinds facing the economy Also In This Story View Given the political and fiscal constraints, this was perhaps as much as the finance minister could do Neelkanth Mishra View The ...

Though a better-crafted budget would have made the case for Indian equities stronger, India can attract decent inflows, thanks to a surfeit of global liquidity U R Bhat Also In This Story Budget Special Four experts comment on whether the budget has ...