Free Seminar on Sunday, 28 May, 2017 at 9:30 AM Book your seat in advance

13 thoughts on “Free Seminar on Sunday, 28 May, 2017 at 9:30 AM Book your seat in advance”

  1. Alok Ind., Ruchi Soya, Videocon Ind, Hind. Construction, Uttam Galva, Usha Martin are among 85 firms had higher interest payout compared to operating profits in year 2016-17. Now inflation is down and industry is suffering due to debts, question is will RBI cut repo and reverse rates in next meeting? challenges are not only domestic but global also. MSCI allowed Shanghai A category stocks in Index. This decision will impact other emerging countries. Foreign Money flow to India may also get some hit.

  2. Govt sells 2.5% stake in L&T, held through specified undertaking of the UTI(SUUTI). Raise RS.4000 Crores. SBI, LIC, New India Insurance were among buyers. Why government selling its stake. 2 considerations: one market is at all time high and two, maintaining fiscal deficit near to 3% is also a goal of FY17-18

  3. Today PM Modi is in US, to meet US President Trump. Drone deal and plans to curb terrorism may be top agenda. PM Modi invites US Ceos to invest in India. Indian foreign reserves are already at highest. Ceos who met Prime Minister includes, Apple’s Tim Cook, Google’s Sundar Pichai, MasterCard’s Ajay Bagga, Cisco’s John Chambers and Amazon’s Jeff Bezos.

  4. GST is in force, after long travel of more than a decade. Most powerful reform in Indian history. President Pranab Mukherjee is retiring and. Nifty is up by 90 points and major contributor is ITC with gain of up to 7%. First 2 days all shopkeepers were busy in updating GST in their systems.

  5. PMI manufacturing slows to 4 month low in June. down from 51.6 to 50.9. If it fall below 50 means contraction. As per rule above 50 denotes expansion. Lets see how GST impact to economic activities
    As per CITI, 18% TAX RATE ON MAN-MADE FIBRE BLOW TO TEXTILES, Government may consider to reduce to 12%.

  6. India-Israel friendship : Israel is India’s 38th largest trading partner
    Both countries are fighting to terrorism. India is Israel’s top destination for arms export. Indian can take advantage of research & development in the field of Agriculture from Israel. Prime Minister Modi’s visit to Israel is very important in many terms.

    Bank Nifty (NSE BanKING Index) 24103 is main trend decider plus minus 50 points , close either side will establish trend. Key stocks of Banking are PNB, SBI, HDFC, AXIS, ICICI BANK, BOB, BOI, KOTAK, INDUSIND BANK. Result of these banks may trigger move, up or down.

  8. President of India election : right to vote executed more than 90% or even more than 99%. Result will be declared on July 20. NDA candidate Ram Nath Kovind is strong candidate to be next President of India. Venkaiah Naidu is candidate for the position of vice-president of India. July 2017, is the month of new positions. We are witnessing many changes in corporate sector also. Good luck to all.

  9. Nitesh Kumar CM, Bihar is now with NDA. Center is now more stronger. Market welcomed the move Nifty BankNifty hit all time high. Many shorts are covering their trades. High of the day is important for coming trading sessions. Same may work as resistance if breached may work as support.

  10. More than 400 new FPI registered with SEBI in April-May, which show faith in Indian economy. Registered FPI with SEBI # reached to 8214, at the end of May.

    On the other hand Service PMI numbers dropped to 4 years low and manufacturing activities reeled at 8 and a half year low. PMI Service at 45.9 is alarming.

  11. Tata Motor results and its fall from the level of 485 to 386 in just 2 months. Whereas Tata Steel jumped to 617 from the level of 200 in less than 2 years.
    Both companies come under the umbrella of TATA SONS. This is a stock specific market. Now take example of SBI and BOB. SBI has outperformed other public sector banks, in last 2 months. So this is market of stock specific only.

  12. State Bank of India (SBIN) posted good numbers. But who cares for good numbers of RS.11000 CRORES, whereas non-performing assets are increased substantially. Book Value on the day is near to 196. But if we offset NPAs, than where are reserves and equity. so price fall

  13. RBI Monetary Policy: No change in REPO or reverse REPO rate. SLR cut by 50 basis points, which may help banks to have more liquidity. Now issue is not of liquidity issue is takeoff of credits, although market welcomed the move.
    Nifty trend decider is 9970. support : 9820 resistanec 10040

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