Despite events/factors, such as State elections, likely populist Budget, US Fed rate hikes, economic revival in developed economies and current domestic macro concerns including economic slowdown, high inflation and weak earnings, Sharekhan is positive on the Indian equity markets for the new year.

This is because data points such as automobile sales, inland freight traffic, airlines passenger traffic, hotel occupancy rates and electricity generation indicate that the current slowdown is temporary. Moreover, the government’s measures such as recapitalisation of public sector banksand the ₹7 lakh-crore road construction plan will help boost the economy. Also, the rural economy is looking up, thanks to normal monsoons and rise in wage rates.

All these plus the fading impact of demonetisation and GST are expected to lead to revival in corporate earnings, going ahead, ... Read more »

Jeep Price in India

The iconic American brand, Jeep made its foray in Indian market in August, 2016 with the launch of one of its most loved SUVs, ‘Grand Cherokee’. The model is available in three variants-Grand Cherokee Limited, Grand Cherokee Summit and the more powerful performance trim, Grand Cherokee SRT.  The Limited and Summit variants derive power from the 3.0 litre, V6 EcoDiesel engine as opposed to the SRT trim that comes equipped with the high capacity 6.4 litre, V8 engine putting out massive power and torque. Both the engines are linked to an eight-speed automatic transmission with paddle shifters and drive is sent to all four wheels through a 4WD system.

EXTERIOR ... Read more »

Porsche Price in India

The Porsche 911 has always been the epitome of a sports car experience. And perhaps no other car has carried forward the legacy of its predecessors as well as the 911 does. Introduced over half a century ago, it’s still as iconic as it has always been, though 0-100km times have improved constantly and the latest generation, fastest version 911 Turbo S cracks it in less than 3 seconds.

EXTERIOR AND LOOK

Apart from the newly launched Black Edition variants, all other variants in this series look similar without any update. While the latest trims gets an elegant black paint work along with a set of 20-inch alloy wheels that emphasizes its exclusivity. This model ... Read more »