MOSL: Morning India (25/June/19): 1. Economy (BRICS+: 2QCY19 - India vis-Ã -vis other emerging markets); 2. Telecom; 3. Metals Weekly
MOrning India (25/June/19): 1. Economy (BRICS+: 2QCY19 - India vis-à-vis other emerging markets); 2. Telecom; 3. Metals Weekly
Today’s top research theme
Economy | BRICS+: 2QCY19 - India vis-à-vis other emerging markets
- Macro risk-return matrix improved in Russia (RU), while it worsened in China, Taiwan, Thailand and in most other emerging market (EM) economies including India to some extent. EMs maintained the traction gained in the previous quarter, paring losses in the benchmark equity indices and witnessing lower yields in 2QCY19. Moreover, EM currencies outperformed the USD in the quarter. On the macro front, inflation appeared comfortable across the board. However, the external sector remains a cause for concern, with forex reserves continuing to decline over the last year and export growth coming in weak across most EMs.
- This quarterly publication provides a comparative analysis of the macroeconomic conditions in the world's 10 major EMs. Quite often, these economies are clubbed together as a basket, especially in terms of portfolio allocation.
Piping hot news
L&T tightens its grip on Mindtree, buys out Nalanda Capital’s stake
- Singapore-based Nalanda Capital on Monday sold its entire 10.61% stake in Mindtree Ltd to Larsen and Toubro Ltd (L&T), signalling the likely end of the stiff fight put up by promoters to the first hostile takeover bid of an Indian software services company. Nalanda sold its whole stake worth ₹1,707.46 crore to L&T in an ongoing open offer for shareholders of Mindtree. The 10-day open offer closes on 28 June.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.