Gold Silver Reports (GSR) – Expect Rupee To Eventually Hit 70/$: Andrew Holland – Earnings so far have been strictly ‘okay’, do not see investors getting excited, Andrew Holland, chief executive officer at Avendus Capital Alternate Strategies told in interview.
📌 Expect political noise to last for another 15 days or so
📌 Attractive yields in the U.S. could lead to bond market outflows from the emerging space
📌 Expect rupee to eventually hit 70 against the dollar
📌 I.T. and FMCG could prove good defensive bets
📌 Would buy FMCG stocks even at current price despite higher valuations
Insider Trades
📌 Waterbase promoter Karam Chand Thapar & Bros. (Coal Sales) Ltd acquired 25,032 shares on May 10
📌 Bodal chemicals promoter Ankit S Patel acquired 3.14 lakh shares on May 11
📌 Kwality Ltd promoter Sanjay Dhingra acquired 5.96 lakh shares on May 11
