Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGIN

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Revealed
India's Third Giant Leap

This Could be One of the Biggest Opportunities for Investors




Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Indian share markets remain volatile
Wed, 3 Dec 01:30 pm

Indian share markets slipped back in negative territory in the post-noon trading session. Most of the sectoral indices are trading in the green led by power and realty. Only FMCG and IT stocks are trading in the red.

BSE-Sensex is down 18 points and NSE-Nifty is trading down marginally. BSE Mid Cap is trading 1.5% up and BSE Small Cap index is trading up by 1.6%. The rupee is trading at 61.91 to the US dollar.

Most of the automobile stocks are trading in the green led by TVS Motor and Eicher Motor. As per a leading financial daily, Tata Motor's Jaguar Land Rover (JLR) has started building its fully-owned factory in the Brazilian town of Itatiaia, near Rio de Janerio. The state-of-the-art complex, the first outside the United Kingdom, is being built at a cost of $ 290 m and will have a production capacity of 24,000 vehicles. The plant will employ 400 workers and will also have an education and business centre. Tata Motors stock is trading up by 0.4%.

Majority of the energy stocks are trading in the green with Essar Oil and ONGC being the major gainers whereas Gujarat State Petronet and Hindustan Petroleum Corporation Ltd (HPCL) are trading in the red. As per a leading financial daily, Petronet LNG received the biggest shipment of 2.6 lakh cubic metres of liquefied natural gas (LNG) by ship at its Dahej terminal in Gujarat. Reportedly, this receipt of LNG from Qatar's Ras Laffan is the biggest shipment to date for India as the country embarks to derive economies of scale benefits to meet the growing energy demand. Petronet presently has a long term contract of 7.5 m tonnes of LNG a year from RasGas. In April, the company signed a short term contract to import 8 lakh tonnes of LNG over a 12 months period for supply to refineries. After South Korea, India is the largest importer of LNG from RasGas. Petronet LNG stock is trading up 1.6% presently.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Indian share markets remain volatile". Click here!

  
ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
TRENDING TOPICS
FREE NEWSLETTERS
EQUITYMASTER SUPPORTS
  • HelpYourNGO
  • You Tube
  • Linkedin
  • Twitter
  • Telegram
  • Google Play

Copyright © Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited).

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Phone +91-9136015013

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst)
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Email: info@equitymaster.com. Website: www.equitymaster.com.
CIN:U74999MH2007PTC175407

Name of the Compliance & Grievance Officer: Ms Sonal Ramachandran
Telephone: +91-22-61434003 | Email: compliance@equitymaster.com

LEGAL DISCLAIMER:
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.