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Market Outlook-HDFC Bank Q4: Analysts expect PAT growth at 26%

Nifty is technically in uptrend and may continue in that direction today. Poll sentiments are supporting this uptrend and results are also positive. But Rupee can cause a negative surprise and markets being at all time high can panic. Cautious trading is recommended and investors should partly book profits in their long positions. Aggressive new longs are not advised. But at the same time short positions should also be avoided.  Opening is likely to be flat and HDFC Bank’s Q4 results are to going to be the highlights of the day.

Today’s Headlines

1) SC allows iron ore mining in Goa with upper limit of 20mt
2) PwC forensic audit report may put fat tax liability on MCX
3) Mitsubishi deal to add $300m to revenue in FY15: TCS
4) HDFC Bank Q4: Analysts expect PAT growth at 26%, 16% in NII
5) RBI wary, not against, corp-backed banks: Sources
6) Stocks in news: HDFC Bank, Tata Metaliks, MCX, Jet
7) L&T calls off merger talks with Future Generali Insurance
8) Wonderla Holidays IPO subscribed 42% on Day 1

Read detail analysis report here:- http://www.quora.com/Rahul-Prasad-12/Posts/Market-Outlook-HDFC-Bank-Q4-Analysts-expect-PAT-growth-at-26

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