Capital Good Stocks Outlook for the week – 21 to 25.11.2016
Stocks of capital goods companies are expected to fall further next week, tracking
the grim broader market. However, favorable earnings announcement of sector
heavyweight Larsen and Toubro Ltd and Siemens could boost sentiment to some
extent in the latter part of the week. Capital goods stocks fell 1.5-7.5% during
the week, while the BSE Capital Goods index declined 2.2%.
All eyes will be on earnings of Larsen and Toubro next week. A good show can
provide some momentary relief to the sector amid the volatile situation. Sector
bellwether L&T will detail its earnings for the September quarter on Tuesday
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Stocks of capital goods companies are expected to fall further next week, tracking
the grim broader market. However, favorable earnings announcement of sector
heavyweight Larsen and Toubro Ltd and Siemens could boost sentiment to some
extent in the latter part of the week. Capital goods stocks fell 1.5-7.5% during
the week, while the BSE Capital Goods index declined 2.2%.
All eyes will be on earnings of Larsen and Toubro next week. A good show can
provide some momentary relief to the sector amid the volatile situation. Sector
bellwether L&T will detail its earnings for the September quarter on Tuesday
Free Intraday Tips : Join Our Whatsapp No : 9841986753
