Dalal Times Magazine - June 2016

In this issue

The financial performance of India Inc. has been very strong. In the March 2016 quarter, there are more positive surprises than the negative ones. We expect another round of upgrades happening in the June 2016 quarter as well. We expect another positive news on the policy making front as well. With most of the state elections being over and Congress and allies in Rajya Sabha being reduced to a minority (less than 1/3rd), there is a high possibility that GST bill would be passed within the next one or two quarters. This would come as a major positive for markets, taking it to a new orbit. We still stand by our stance that we are in a secular bull run and when others are worried about volatility, it is time to prepare a portfolio for the long-term.
The cover story this time tracks DHFL on how the company created a niche in the housing finance market despite cut-throat competition. Our research team also dwells into the growth drivers and challenges for the company going ahead. In DTX30, we have again managed to beat the benchmark indices and have focused on rising stars of DTX30 and triggers shaping the markets. ‘How Good a Bet’ analyses another housing finance company, Indiabulls Housing Finance. We are continuing along with our newly added column Technical Breakout. Do read our regular columns like Gems In the Offing, Big Bull and Pink Stock.