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Thursday, 18 June 2015
Free Indian Stock Market Prediction by Market Expert
The S&P BSE Sensex rallied over 150 points in trade on Thursday, after the US Federal Reserve sounded more dovish than many had expected. This led many investors to push back their expected timing of a rate hike.
Shares of Bharti Airtel fell nearly 2 per cent in early trade on Thursday after a tower sale deal related to its African operations fell through.Bharti Airtel on Wednesday said its agreement with Helios Towers Africa for sale of tower assets in Tanzania and Tchad has been terminated.
Havells India gains 2.3 pct.Motilal Oswal upgrades stock to "buy" from "neutral".Says Havells India has taken steps to leverage its brand, products, infrastructure and distribution over past 12 months.Adds commencement of trade factoring in unit Sylvania reduces cash conversion cycle.Stock has 21 "buy", 11 "hold" and 4 "sell" ratings.
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Shares of Bharti Airtel fell nearly 2 per cent in early trade on Thursday after a tower sale deal related to its African operations fell through.Bharti Airtel on Wednesday said its agreement with Helios Towers Africa for sale of tower assets in Tanzania and Tchad has been terminated.
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