Month: January 2018
THEME FOR THE DAY: “NIFTY FALLS IN SYMPATHY WITH GLOBAL MARKETS”
There was some worried selling in the last 2 days after the bond yields started shooting up across the globe. The higher margins imposed by the exchange was also responsible for the sell-off in the mid cap stocks.
We believe that the correction Read more [...]
Midnight News Update – Jan 31st 2018
The Dow Jones index cracked sharply as higher bond yields and the risk of falling healthcare margins led to an across the board sell-off in Dow stocks. Amazon and Berkshire announced a partnership to foray into the healthcare business to bring down healthcare Read more [...]
Delivery Picks Newsletter
Outlook for the Market:
The Nifty slipped a bit on last Thursday primarily due to the session being the last day of the January derivative settlement—we had a strong bull run and on the last session there had been some profit taking, and partly due Read more [...]
Everything you need to know about Union Budget 2018
The Economic Survey announced on Monday ahead of the Union Budget had some positive takeaways and some warning signals issued by the government. On the positive side, the Survey expects GDP for 2017-18 at 6.75% and for 2018-19 in the range of 7-7.5%. Read more [...]
THEME FOR THE DAY: “NIFTY AT ALL-TIME HIGH; NOW FOR 11,000”
The Nifty is now within striking distance of the 11,000 mark and should be able to scale this level before the end of this month. Quarterly results till now have been fairly encouraging especially among banks and FMCGs
We could be facing more of Read more [...]
Donald Trump is the first US president to visit WEF
JSW Steel may double its bid for Bhushan Steel to Rs.30,000 crore and that sets the stage for an aggressive bidding war with Tata Steel and Arcelor Mittal. The committee of creditors had set the liquidation value of Bhushan Steel at Rs.15,000 crore and Read more [...]
Capital Gains Tax
Why it will not make a comeback in this budget
As the preparations ahead of the Union Budget heat up, the centre of the discussion is the highly contentious issue of tax on long term capital gains. Currently, equities held for more than 1 year are classified Read more [...]
