Kotak Securities Ltd

Entity type image
Type: Company
Name: Kotak Securities Ltd
First reported Jun 18 2013 - Updated Jun 19 2013 - 1 reports

Re ends at all-time low of 58.77 ahead of Fed meet

The rupee fell 90 paise to close at an all-time low of 58.77 against the dollar on Tuesday amidst heavy capital outflows, dollar demand from oil importers and banks, and worry over scaling back by the US Federal Reserve of monetary stimulus.The rupee ... [Published Hindu Business Line - Jun 18 2013]
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Rupee at historic low against dollar

The rupee recorded its lowest-ever close against the dollar on Tuesday, with a fall of 1.5 per cent, ahead of the U.S. Federal Reserve's monetary policy meeting on Wednesday. Traders believe that the widening current account deficit (CAD) continues to ... [Published The Hindu - Jun 18 2013]
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

RBI unlikely to cut interest rate at July meet: Kotak Sec

Brokerage house Kotak Securities feels the Reserve Bank of India is unlikely to cut interest rates at its July 30 policy review meet.In the June policy announced Monday, RBI kept key rates unchanged and said that 'only a durable receding of inflation' ... [Published Moneycontrol.com - Jun 18 2013]
First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Rupee may see a range of 57.50 to 59.30 in near-term: Anindya Banerjee

Indian rupee declined against the greenback on Tuesday. Rupee was lower by 92 paise or 1.59% against US dollar to Rs 58.79 (04.50 p.m.). It opened at Rs 58.23 against US dollar.Commenting on currency outlook, Anindya Banerjee, currency analyst, Kotak ... [Published MyIris - Jun 18 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Eleven investment options for high-risk appetite investors

The promise of high returns can seduce the most conservative of investors. Why settle for the safe 8-9% offered by a bank fixed deposit when you can earn almost double from other investments? This pitch is drawing small investors to new-fangled investments, ... [Published Economic Times - Jun 17 2013]
First reported Jun 16 2013 - Updated Jun 16 2013 - 1 reports

Mkts to be volatile; RBI, Fed moves awaited

NEW DELHI: With mixed signals on the economic front, stock market is likely to see volatility this week as investors track Reserve Bank's policy as well as US government's monetary easing steps, feel experts.Besides, foreign investors are expected to ... [Published Economic Times - Jun 16 2013]
First reported Jun 15 2013 - Updated Jun 16 2013 - 1 reports

Indian shares gain nearly 2pc

MUMBAI: Indian shares snapped a three-session losing streak to gain nearly 2 percent on Friday, after Reliance Industries surged on hopes one of its blocks held higher gas reserves while lenders rallied after easing wholesale inflation raised hopes of ... [Published Financial Daily - Jun 15 2013]
First reported Jun 14 2013 - Updated Jun 15 2013 - 1 reports

Salary hike: First step by Narayana Murthy to boost employee morale

Infosys, one of the India's leading software exporters, announced on Thursday the increments in salary for all eligible employees, for fiscal year 2014. It has announced an average increase of 8% for employees based in India. For employees based in other ... [Published MyIris - Jun 14 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

BSE Sensex gains nearly 2 percent; RBI policy in focus

The BSE Sensex and the Nifty snapped a three-session losing streak to gain nearly 2 percent on Friday, after Reliance Industries surged on hopes one of its blocks held higher gas reserves while lenders rallied after easing wholesale inflation raised hopes ... [Published Sify - Jun 14 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 2 reports

Markets rebound: What experts say

Source: IRIS (14-JUN-13)Comments | Post CommentIndian markets ended the losing streak on Friday with sharp rally on the back of strong global cues and fall in inflation. At the close, the benchmark 30-share index, BSE Sensex added 350.77 points or 1.86% ... [Published MyIris - Jun 14 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

RBI should not let rupee volatility sway rate cut decision

Brokerage house Kotak Securities feels the Reserve Bank of India (RBI) should not let the recent weakness in the rupee influence its decision on interest rates.Market expectations of a cut in the benchmark repo rate at RBI's June 17 meet has receded with ... [Published Moneycontrol.com - Jun 14 2013]
First reported Jun 13 2013 - Updated Jun 14 2013 - 1 reports

Shares wilt in global heat

Mumbai, June 13: A rout in the world markets triggered across-the-board selling, pulling down the benchmark BSE S&P Sensex today by 214 points. The index ended below 19000 for the first time in nearly two months even as finance minister P. Chidambaram ... [Published Calcutta Telegraph - Jun 13 2013]

Quotes

"Benchmark indices had one of the largest falls in terms of absolute points. Concerns over withdrawal of funds by FIIs and the consequent impact on the rupee as well as financing of CAD (current account deficit), soured sentiments" Shah elaborated
"Any reversal in the decision will effect international liquidity scenario, whereby there will be a withdraw of liquidity in the international system, this will definitely impact the Indian markets in a negative way as foreign investors will pull out."
Says Vijayakumar: “Around $2 billion (about ` "11400 crore) worth of shares are likely to hit the market by June-end and this amount might rise to $ 2.5 billion by August end when the deadline for public sector units ends.” The deadline set by Sebi for PSUs to meet the minimum public shareholding is August 2013. MMTC, National Fertilizers and Neyveli Lignite may come out with issues next month."
"In the absence of any major domestic cues, market is awaiting the outcome of the U S Fed meet scheduled for Wednesday" said Jayant Manglik, President, Retail Distribution, Religare Securities

More Content

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Sensex slides more than 500 points (Roundup) [Published News Track India - 13 mins ago]
Sensex closes marginally higher; consumer durab... [Published Taaza.com - 23 hours ago]
Sebi Cracks The Whip [Published Outlook Money - Jun 19 2013]
Rupee slips to new lows as Fed weighs QE pullback [Published DNA India - Jun 19 2013]
Rs sinks 90p to record closing low of 58.77 [Published New Delhi Pioneer - Jun 18 2013]
Rupee tanks 90 paise to all-time closing low of... [Published Financial Chronicle - Jun 18 2013]
Rupee at historic low against dollar [Published The Hindu - Jun 18 2013]
Re ends at all-time low of 58.77 ahead of Fed meet [Published Hindu Business Line - Jun 18 2013]
Rupee at record closing low of 58.77 against do... [Published zeenews.com - Jun 18 2013]
Rupee may see a range of 57.50 to 59.30 in near... [Published MyIris - Jun 18 2013]
RBI unlikely to cut interest rate at July meet:... [Published Moneycontrol.com - Jun 18 2013]
Brokerages Upgrade RIL as partner Niko revises ... [Published Economic Times - Jun 17 2013]
Car sales dip for seventh month; SIAM warns of ... [Published Mjunction.in - Jun 17 2013]
Only durable easing of inflation will allow rat... [Published Moneycontrol.com - Jun 17 2013]
Eleven investment options for high-risk appetit... [Published Economic Times - Jun 17 2013]
Nifty, rupee flat ahead of RBI policy, Jet down... [Published Firstpost.com - Jun 17 2013]
Mkts to be volatile; RBI, Fed moves awaited [Published Economic Times - Jun 16 2013]
WLCI students get paid on-the-job training oppo... [Published Pressbox.co.uk - Jun 16 2013]
Indian shares gain nearly 2pc [Published Financial Daily - Jun 15 2013]
Sensex surges 351 points; inflation,strong Rupe... [Published Deccan Chronicle - Jun 14 2013]
Sensex surges 351pts [Published New Delhi Pioneer - Jun 14 2013]
Markets rebound: What experts say [Published MyIris - Jun 14 2013]
Sensex surges 351pts; inflation,strong Re reviv... [Published msn.co.in - Jun 14 2013]
Sensex crashes 251 pts during the week; CD wors... [Published MyIris - Jun 14 2013]
Sensex surges 351pts; inflation,strong Re reviv... [Published zeenews.com - Jun 14 2013]
BSE Sensex gains nearly 2 percent; RBI policy i... [Published Sify - Jun 14 2013]
Salary hike: First step by Narayana Murthy to b... [Published MyIris - Jun 14 2013]
Sensex Snaps 3-Day Losing Run, Gains 351 Points [Published Outlook India - Jun 14 2013]
Indian shares gain nearly 2 pct; RBI policy sta... [Published London South East - Jun 14 2013]
Nifty near day’s high as May WPI inflation ease... [Published Economic Times - Jun 14 2013]
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