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SOURCES TO COGNCIS : BPCL Plans To Raise At Least Rs 1,000 Cr Via 10-Yr Bonds RAIL MIN OFFICIAL : Plan To Spend Rs 7,887 Cr Next FY To Procure Rail Coaches RAIL MIN OFFICIAL : Also Plan To Buy 801 Coaches From Integrated Coach Factory RAIL MIN OFFICIAL : Plan To Spend Rs 25,194 Cr FY18 To Buy Locomotives, Coach,Track Layers

Investors Underallocated To Small And Mid-Caps: S Naren

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October 1: ICICI Prudential AMC’s S. Naren says the results season will be average, except pharma and tech, so we need to see how markets will react to it. “Historically, all Septembers and Decembers see market highs, so we need to see if we will follow this cycle,” he says, adding that the next 6-8 months will see volatility due to the elections. Small and mid caps are very cheap now, with big discounts on large caps, he adds.