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26 Oct 2016 | 9:09 PM
Research Report

Equity Research Report: Religare Morning Digest

Yesterday’s rebound in Nifty index was mainly due to the oversold positions after three consecutive weeks of decline and it’s too early to comment on market reversal. We suggest traders to maintain cautious approach and keep a balanced portfolio.
17 Nov 2015 | 07:00 AM

The annual rate of inflation, based on monthly wholesale price index (WPI), stood at -3.81% for the month of October 2015. The Wholesale Price Index-based inflation was (-) 4.54% in September. In October last year, it was 1.66%. This is 12 month in a row when the inflation at wholesale level remained in the negative territory.


Apollo Tyres has acquired Reifencom GmbH, one of the largest tyre distributors in Germany, for €45.6 million. The Germany-based tyre distributor has both online and offline presence.


La Opala RG net profit rose 35.9% to Rs 15.07 crore on 11.9% rise in net sales to Rs 62.26 crore in Q2 September 2015 over Q2 September 2014.

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