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Friday, June 15, 2012

Tata Motors


 Tata Motors

ICICI Bank


 ICICI Bank

Yes Bank


Yes Bank

Rakesh Jhunjhunwala - Top Holdings and Performance


via Economic Times Billionaire investor Rakesh Jhunjhunwala has made a fortune and attracted a large following in India with his bold bets on domestic stocks. Many call him 'India's Warren Buffett'. Unlike the famed Omaha investor, Jhunjhunwala is a fan of leverage, which perhaps best defines his investment strategy. Following are the top six holdings held by Jhunjhunwala, based on stock exchange filings. Company -- Aptech Stake -- 32.19% YTD Performance (to June 13) -- +10.6% Company -- A2Z Maintenance Stake -- 19.10% YTD Performance (to June 13) -- +20.5%

Market may open higher on firm Asian stocks


The market may edge higher in early trade on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 24.50 points at the opening bell. Asian stocks gained on Friday, 15 June 2012, on reports that the major central banks around the world are considering bolstering liquidity support in the event that the Greek election goes badly this weekend. HDFC said its management completely disagrees with the contents of the Macquarie report dated 14th June 2012 as the concerned analyst has not attempted to meet anyone from HDFC before making the aforesaid report and verify the facts and statements made therein. Moreover it is surprising that Macquarie in its report as recently as May 7, 2012 had put a price target of Rs.775 on HDFC stock with an outperform rating based on the same facts and figures, HDFC said in a statement. "We are therefore unable to understand as to what prompted the analyst to change his recommendation and outlook within a months time", HDFC said.

Flat to positive start likely


Indian markets may open on a flat to positive note tracking positive Asian cues and on account of SGX Nifty trading 23.50 points higher. Events for the day: Ex-date for dividend of Uco Bank and Corporation Bank. Ex-date for final dividend of Prism cement and VST Industries.