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Month: October 2019

FED RATE CUT SHOULD SPUR NIFTY HIGHER

Posted on October 31, 2019 by Achiievers
On Wednesday, the Sensex scaled the 40,000 mark but the Nifty stopped short of the 12,000 mark. That could be the next target this week and that would underline that the breakout above the levels is real and credible. The Fed rate cut should work Read more [...]
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US economic growth slows to 1.9%

Posted on October 31, 2019 by Achiievers
The benchmark Sensex scaled the 40,000 mark for the third time in six months even as global Indices wary ahead of Fed announcement. After a gap of nearly 4 months, the Sensex once again scaled the 40,000 mark on the back of hopes that the government may Read more [...]
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TAX CUT HOPES SPUR THE SENSEX HIGHER

Posted on October 30, 2019 by Achiievers
Hopes of a cut in capital gains tax on equities and expectations of a review of the dividend distribution tax spurred the stock market higher as the Sensex gained nearly 800 points in a span of just 2 trading sessions since Muhurat trading. Steel Read more [...]
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Indigo Airlines is getting aggressive

Posted on October 30, 2019 by Achiievers
A few days after the controversial SC order on telecom penalties, the government formed a panel to address the woes of the Indian telecom industry. In the last few days telecom stocks like Bharti Airtel and Vodafone Idea took deep cuts after the Supreme Read more [...]
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There may be some good news for Air India

Posted on October 29, 2019 by Achiievers
There may be some good news for Air India as the government mulls easier FDI norms to attract buyers for Air India. Currently 100% FDI is not permitted in the airline flying business although 100% FDI is already permitted in the case of ground handling Read more [...]
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Jio restructures

Posted on October 29, 2019 by Achiievers
Here is how Reliance Jio will reduce the debt burden on its books By the time the planned restructuring of Reliance Jio is completed, the company will be almost debt free. For a long time, investors in RIL have been worried as to how the debt of Jio Read more [...]
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Infosys fiasco

Posted on October 29, 2019 by Achiievers
Infosys is fine; it seems to be a case of much ado about nothing Infosys has managed to remain in the news over the last five years for all the wrong reasons. In the latest episode, a whistleblower has leveled allegations on the CEO and CFO of concealing Read more [...]
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Samvat 2076

Posted on October 29, 2019 by Achiievers
Here are 6 stocks to invest and forget for Samvat 2076 The golden rule for Samvat 2076 will be to stick to large caps and focus on true blue sustainable quality of earnings. Here are six such stocks to buy. Reliance Industries Despite all the concerns Read more [...]
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