Housing Finance Companies Extend Slide As Moody’s Sees More Pain – Shares of housing finance companies continued their losing streak on Friday.
CLSA
India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says
Gold Silver Reports (GSR) – India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says – NSE Nifty 50 Index won’t cross the 11,000 level in 2018 as concerns about the revenue and fiscal deficits, higher oil price and inflation, new taxes on equity gains and political uncertainties will continue to linger on and impact returns, CLSA India Pvt. said in an investor note Monday.
Cadila Healthcare Gains On CLSA Upgrade
Gold Silver Reports (GSR) – Cadila Healthcare Gains On CLSA Upgrade — Shares of the Ahmedabad-based drug maker rose as much as 3.3 percent, the most in over a month, to Rs 382.55 after CLSA upgraded the stock to ‘Buy’ from ‘Underperform’ and raised its target price to Rs 450 from Rs 440.