There is a bounce, but now it needs to sustain

Posted on March 3, 2018 by Achiievers

The GDP estimates for the third quarter of the financial year came in at 7.2%. That is a sharp rise from 5.7% in the first quarter and 6.5% in the second quarter of the year. While the bounce in GDP estimates is evident, there is a huge catch-up that Read more [...]

The Draft Bill is far-reaching but should not be misused

Posted on March 3, 2018 by Achiievers

In the immediate aftermath of the $2 billion PNB fraud caused by Nirav Modi of Firestar Diamonds, the government has approved the draft of the Fugitive Economic Offenders Bill in the cabinet. This is a far-reaching bill and gives the government broader Read more [...]

Weekly Capsule (Feb 26 – Mar 02) and Impact Analysis

Posted on March 3, 2018 by Achiievers

News Announcement Impact Analysis GDP estimates by MOSPI for 3rd quarter came in at 7.2% annualized This shows a sharp turnaround from the level Read more [...]

The GDP estimates of 2017-18 came out at 7.2% while

Posted on March 1, 2018 by Achiievers

The GDP estimates for the third quarter of 2017-18 came out at 7.2% while the full year projections came in at 6.6%. The GVA (excluding the impact of taxes and subsidies) is expected to be around 6.4%. The Indian economy is likely to end the fiscal year Read more [...]

GDP ESTIMATES ARE GOOD, BUT NOTHING GREAT

Posted on March 1, 2018 by Achiievers

GDP estimate at 7.2% should be a positive but full year estimate at 6.6% will surely dampen sentiments. Also the PMI-Manufacturing touching a 4-month low is not a very good sign. Markets may see some macro pressure on Thursday. We have been aggressively Read more [...]

ALL EYES WILL BE ON THE GDP DATA

Posted on February 28, 2018 by Achiievers

Even as the Nifty has held on to the 10,500 levels, despite the PNB fiasco taking its toll, the big story will be the GDP estimates for the fourth quarter. Any estimate that is 40-50 basis points higher than Q3 will be a big push for markets. Reliance Read more [...]

ACC and Gujarat Ambuja both are accepted that merger was the ultimate goal

Posted on February 27, 2018 by Achiievers

Both ACC and Gujarat Ambuja have confirmed that the merger plan mooted in May 2017 is currently being put on hold. While the companies accepted that merger was the ultimate goal, they were averse to committing to a merger at this point of time due to Read more [...]

As trading commences in the final week of February

Posted on February 27, 2018 by Achiievers

As trading commences in the final week of February, the data points to watch will be the Q4 GDP estimates, the PMI numbers for manufacturing, and core sector data for January and the auto sales data. Additionally, the rupee movement will also be closely Read more [...]

Achiievers Connect Blog

Daily Stock & Share Market Updates

Why Achiievers ?

There is a bounce, but now it needs to sustain

The Draft Bill is far-reaching but should not be misused

Weekly Capsule (Feb 26 – Mar 02) and Impact Analysis

The GDP estimates of 2017-18 came out at 7.2% while

GDP ESTIMATES ARE GOOD, BUT NOTHING GREAT

ALL EYES WILL BE ON THE GDP DATA

ACC and Gujarat Ambuja both are accepted that merger was the ultimate goal

As trading commences in the final week of February