Midnight News Update – Jan 11th 2018

Posted on January 11, 2018 by Achiievers

Prime minister, Narendra Modi, had a high level meeting with 40 leading economists of India ahead of the Union Budget to explore ways to give a big push to growth. The forthcoming Budget on February 01st will be the fifth and final budget by the current Read more [...]

THEME FOR THE DAY: “UP TREND NIFTY CONTINUES, BUT COULD BE TIRING”

Posted on January 11, 2018 by Achiievers

The Nifty stayed above the 10,600 mark but the Nifty showed signs of tiring at higher levels. However, the markets appear to be focusing on positives like the new industrial policy and likely growth revival. The decision to hike non-coke prices Read more [...]

THEME FOR THE DAY: “NIFTY AT NEW HIGH AHEAD OF DATA HEAVY WEEK”

Posted on January 11, 2018 by Achiievers

The Nifty convincingly crossed the 10,550 mark and now looks headed for our original targets of 10,700 and later towards 11,000. Big results this week include TCS and Infosys apart from CPI and IIP numbers. The first advance estimate for the full Read more [...]

Delivery Pick – Buy Bank of Baroda at CMP, target price 200/-

Posted on January 11, 2018 by Achiievers

Bank of Baroda (BOB) : Company Overview Bank of Baroda (BOB) is the third largest public sector bank (PSB) in India in terms of asset size and the fourth largest bank in terms of branches as of FY17. The bank has strong domestic presence with 5,451 branches Read more [...]

Weekly Capsule (Jan 08 – Jan 12) and Impact Analysis

Posted on January 10, 2018 by Achiievers

FPI flows into debt in 2017 was to the tune of Rs.150,000 crore The inflows into debt more than compensated for the tepid flows into equities on the back of valuation concerns Debt flows continued to be elevated on the back of positive Read more [...]

What is the marquee names in the IT space

Posted on January 10, 2018 by Achiievers

One of the marquee names in the IT space, TCS, announced slightly disappointing results as the net profit fell by 3.6% on the back of weak performance by the BFSI segment. However, the digital space was the redeeming feature for TCS during the quarter. Read more [...]

Midnight News Update – Jan 15th 2018

Posted on January 9, 2018 by Achiievers

IDFC Bank and the Biyani owned Capital First announced a merger in the swap ratio of 139:10. Shareholders of Capital First will get 139 shares of IDFC Bank for every 10 shares of Capital First that they own. Vaidyanathan will take over as the CEO of the Read more [...]

THEME FOR THE DAY: “NIFTY GETS A PUSH FROM BANK RECAP”

Posted on January 9, 2018 by Achiievers

By seeking parliamentary approval for the bank recap program, the government has sent a message that it is serious. Stocks like PNB, which we had recommended yesterday, were up by nearly 7% and the story may have just begun. We have been mentioning Read more [...]

Achiievers Connect Blog

Daily Stock & Share Market Updates

Month: January 2018

Midnight News Update – Jan 11th 2018

THEME FOR THE DAY: “UP TREND NIFTY CONTINUES, BUT COULD BE TIRING”

THEME FOR THE DAY: “NIFTY AT NEW HIGH AHEAD OF DATA HEAVY WEEK”

Delivery Pick – Buy Bank of Baroda at CMP, target price 200/-

Weekly Capsule (Jan 08 – Jan 12) and Impact Analysis

What is the marquee names in the IT space

Midnight News Update – Jan 15th 2018

THEME FOR THE DAY: “NIFTY GETS A PUSH FROM BANK RECAP”