Finally, some great news! India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps.
Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations. In sum, all the information you need for wealth creation.
Who’s at fault for the auto sector slowdown?
The automobile sector has become the poster boy of the current slowdown in the Indian economy. The Rs 4.8-lakh crore sector accounts for 7.5 percent of the country’s Gross Domestic Product (GDP) and half the GDP of the manufacturing sector. There have already been plant shutdowns by various auto and auto ancillary companies and large-scale layoffs of the temporary workforce. Analysts say the slowdown is the worst in almost twenty years. What led to this situation? What can the government do to revive the sector? Click here to read more.
Blue Star or Voltas: Which is a better bet?
Blue Star and Voltas, two of India’s largest players in the air conditioning and electro-mechanical projects space, reported a weak set of consolidated numbers in the June quarter gone by. In ACs, the ability to gain market share, a strong brand recall, wide geographic reach, and periodic product launches should augur well for both companies. However, the electromechanical projects segment, which makes up for 45-50 percent of revenues, is going through a rough patch. What should investors do? Click here to read our analyst’s take.
Picks from our technical analysts
GAIL India: This stock which was in sharp decline has seen a shallow bounce in recent times. Will it sustain? Click here to read how to trade the stock.
Hero MotoCorp: This stock has shown upside move and has neared its resistance level. Volatility too is high. Click here to read how to trade the stock.
Independence Day Offer: Pay Rs 289 for 3 months and get Moneycontrol Pro for 1 year.
Use code “FREEDOM” For more information, check out the Moneycontrol website or mobile app.
Updated Date: Aug 20, 2019 15:48:49 IST