Tuesday, 1 September 2015

HDFC Bank, SBI, ICICI in today's top 10 stocks

Here is the list of top 10 stocks picked by CNBC-TV18's analysts in trade today.

The following is the list of today's top 10 trading stocks and the reason why they are picked by CNBC-TV18's analysts:

Voltas and Crompton Greaves : There was big selling pressure on these stocks in futures and options market.

The base rate picture- HDFC Bank rate cut will impact all banks as most banks will have to match HDFC Bank to prevent market share loss. It will most affect ICICI Bank. This base rate cuts will also impact bank margins. Banks may take a hit on margins in Q2, Q3, though it is positive for car makers, real estate companies.

Credit Suisse believes non-banking financial companies (NBFCs) should benefit from sharp base rate reductions, with a fixed rate loan book. Among these, Shriram City Union Fin , M&M Financial and Shriram Transport Fin are likely to benefit. NSE TIPS

The Reserve Bank of India has named State Bank of India and ICICI Bank as domestic systemically important banks, or banks that are literally "too big to fail".

Aviation stocks in focus: With Jet fuel prices cut by 11.6 percent to Rs 40,591/kl aviation sector is likely to do better. This is the second ATF price cut in last two months as Jet fuel forms 40 percent of operating cost for aviation companies. In Q1, Jet Airways EBITDA was up 5 times as fuel expenses were down 20 percent YoY. Analysts do expect further improvement in operational performance in Q2.

Natco Pharma : Credit Suisse’s management meet, has guided for 30 percent sales and 20 percent profit growth in FY16 (YoY) for Natco Pharma. It expects high growth despite assuming no launch in US in FY16. This comes after the launch of Sovaldi in US was successful and it added 50 percent to the Indian sales.


1 comment:

Mahek Tiwari said...

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