Analyst’s View
Markets to track factors in holiday week; may face volatility: Analysts
Stock markets may face volatility in a holiday-shortened week ahead amid monthly derivatives expiry, besides global factors and foreign fund trading activity would continue to dictate terms, analysts said. Factors such as movement of global oil benchmark Brent crude and the rupee would also guide the trend in equities. Markets would remain closed on Thursday for Ram Navami. "While volatility may increase locally before the March Futures and Options (F&O) expiry, the position of major international banks will continue to play a significant role in the direction of the market globally. "The market will also keep an eye on the geopolitical situation because there is still tension between Russia and Ukraine and there is also some tension developing between the US and Syria. But, the market is not paying much attention to this. Due to FIIs' aggressive selling in recent months, the institutional flow will also be crucial," said Santosh Meena, Head of Research, Swastika Investmart ...
 "Markets to track factors in holiday week; may face volatility: Analysts")
Q3 results preview: RIL may see rise in sales but 10% decline in profit
Profit growth while sequentially strong, may fall nearly 10 per cent from a year ago, due to fuel export taxes
 "Q3 results preview: RIL may see rise in sales but 10% decline in profit")
Global slowdown, Union Budget: 5 factors that will guide markets in 2023
Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds.
 "Global slowdown, Union Budget: 5 factors that will guide markets in 2023")
Earnings, macro data, RBI rate decision to drive markets this week
On the earnings front, big names like ITC, M&M, Dabur, Titan and Interglobe Aviation, along with several others, will declare quarterly results this week
 "Earnings, macro data, RBI rate decision to drive markets this week")
Analysts see Tata Steel stock rising in 2020 as firm revamps Europe biz
Tata Steel has been closing and selling plants in the UK since the 2008 financial crisis to make its business there more profitable
 "Analysts see Tata Steel stock rising in 2020 as firm revamps Europe biz")
Kunal Bose: Ayurvedic products register fastest demand growth
The global market for ayurvedic medicines is an estimated $100 billion and this is to grow to $115 billion by 2020
Enough value added in alumina to justify exports?
In Piyush Goyal, aluminium makers have found a mines minister with a clear vision of where he wants to see India's largest non-ferrous metal industry in the next decade & beyond
 "Enough value added in alumina to justify exports?")
Supply-side restructuring the way for steel firms
The industry has outstanding bank loans of around Rs 3 lakh crore, making it one of the largest contributors to the country's NPAs
 "Supply-side restructuring the way for steel firms")
Prices of quality teas fall due to global oversupply
ITA spokesperson Azam Monem says the industry is being worn down by production costs rising at a faster pace than beverage prices
 "Prices of quality teas fall due to global oversupply")
Big iron ore output will spur exploration work
JSW Steel's plan to build a 10-mt mill in Odisha includes a 280-km slurry pipeline from mines at Barbil to transfer beneficiated iron ore to Paradip for making pellets
 "Big iron ore output will spur exploration work")
Will aluminium get the shield?
In February, New Delhi had brought 173 steel products under MIP with prices ranging from $341 to $752 a tonne for a period of six months
 "Will aluminium get the shield?")
Why Iran's infra push is good news for India
"If we play our cards well, we stand a good chance to export good volumes of steel for use in the about-to-be-launched infrastructure projects in Iran."
Chinese opposition to low-priced iron ore dumping defies logic
Naming directly Anglo-Australian mining groups Rio Tinto and BHP Billiton and Brazilian Vale for unsettling the Chinese ore market, chinese miners has urged Beijing to initiate an "anti-dumping investigation"
 "Chinese opposition to low-priced iron ore dumping defies logic")
China faces pressure to cut steel, coal capacity
Concern over capacity surplus is finding growing resonance at all places, including Beijing, which is blamed for world steel crisis
Stainless steel makers want level playing field
Increasingly, big imports of stainless steel flat products, particularly from China, have left much of the domestic industry capacity idle
Zinc is a bullish exception among bearish metals
The current three-month LME price of zinc is up around 50% on the January level. But, it is still miles away from the lofty high of $4,580 a tonne in November 2006
 "Zinc is a bullish exception among bearish metals")
China's problem with India's rise as a steel major
What is galling about the vitriol against India is that the US and the European Union have been a lot more proactive in building tariff barriers against China's steel exports
Time to buy mineral resources in Africa
India has deep historic relationship with many mineral resource rich African countries such as South Africa, Namibia, Zambia and Tanzania
Downstream value addition gives Hindalco edge over competition
Hindalco is the one which continues to make significant strides in converting the metal it smelts at its three smelters into value-added products
 "Downstream value addition gives Hindalco edge over competition")
Making aluminium semis straight from hot metal saves big energy
India's aluminium demand registered a growth of 10% in 2015 and this may further gain in momentum because of the push given to the Make in India campaign
 "Making aluminium semis straight from hot metal saves big energy")
