KOLKATA: Volatility in the stock market may help turn the attention of Indian investors to gold in the upcoming Dussehra and Diwali festive period, said bankers and analysts.

Frontier equities have posted mediocre returns and Nordic selectors are reducing their allocations – but a few retain faith

Casey’s General Stores Inc (NASDAQ:CASY) – Jefferies Financial Group cut their Q4 2019 earnings estimates for Casey’s General Stores in a research report issued on Tuesday, September 11th, according to Zacks Investment Research. Jefferies Financial Group analyst C. Mandeville now anticipates that the company will post earnings of $0.56 per share for the quarter, down from their previous forecast of $0.59. Jefferies Financial Group has a “Buy” rating and a $142.00 price objective on the stock. Jefferies Financial Group also issued estimates for Casey’s General Stores’ Q1 2020 earnings at $1.82 EPS, Q2 2020 earnings at $1.87 EPS, Q3 2020 earnings at $0.66 EPS, Q4 2020 earnings at $0.80 EPS, FY2020 earnings at $5.15 EPS, FY2021 earnings at $5.60 EPS and FY2022 earnings at $6.53 EPS.

Aon PLC (NYSE:AON) – Langen Mcalenn lowered their FY2019 earnings estimates for AON in a research note issued on Wednesday, September 12th, Zacks Investment Research reports. Langen Mcalenn analyst L. Greenberg now anticipates that the financial services provider will post earnings per share of $9.25 for the year, down from their prior forecast of $9.30.

Fortune Brands Home & Security Inc (NYSE:FBHS) – Equities research analysts at Jefferies Financial Group lifted their Q4 2018 earnings per share estimates for Fortune Brands Home & Security in a research note issued on Thursday, September 20th, Zacks Investment Research reports. Jefferies Financial Group analyst P. Ng now forecasts that the industrial products company will post earnings of $1.09 per share for the quarter, up from their prior forecast of $1.05. Jefferies Financial Group also issued estimates for Fortune Brands Home & Security’s Q1 2019 earnings at $0.68 EPS, Q2 2019 earnings at $1.18 EPS, Q3 2019 earnings at $1.18 EPS, Q4 2019 earnings at $1.21 EPS, FY2019 earnings at $4.25 EPS and FY2020 earnings at $4.82 EPS.

Foreign investors have pulled out over Rs 9,300 crore ($1.3 billion) from the capital markets— both equity and debt—in the last four trading sessions on the unabated fall in rupee and the rise in crude oil prices. The latest withdrawal comes following a net outflow of over Rs 21,000 crore in the last month. Prior to that, they had put in a net amount of Rs 7,400 crore in July-August.

Autodesk Inc. (ADSK) traded on unusually high volume on Oct. 05, as the stock lost 0.07% to close at $152.00. On the day, Autodesk Inc. saw 3.24 million shares trade hands on 29,501 trades. Considering that the stock averages only a daily volume of 2.02 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Shutterstock Inc. (SSTK) traded on unusually high volume on Oct. 05, as the stock lost 2.22% to close at $49.71. On the day, Shutterstock Inc. saw 342,495 shares trade hands on 3,037 trades. Considering that the stock averages only a daily volume of 222,942 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Westrock Company (WRK) traded on unusually high volume on Oct. 05, as the stock lost 2% to close at $50.56. On the day, Westrock Company saw 2.61 million shares trade hands on 16,552 trades. Considering that the stock averages only a daily volume of 1.58 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Hortonworks Inc. (HDP) traded on unusually high volume on Oct. 05, as the stock lost 4.9% to close at $23.28. On the day, Hortonworks Inc. saw 2.84 million shares trade hands on 25,362 trades. Considering that the stock averages only a daily volume of 1.64 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.