Midnight News Update – Jul 18th 2017   Even as the proposed merger between HDFC Life and Max Life is facing delays, two leading insurers have decided to go ahead with their IPO plans. SBI has already filed the DRHP for its proposed IPO wherein Read more [...]

Midnight News Update – Jul 17th 2017   With Axis Bank sounding out head-hunter, Egon Zhender, to find a new CEO, a new era post Shikha Sharma is set to begin at Axis Bank. Under Shikha, the bad loans of Axis Bank have jumped to the highest Read more [...]

TCS Q1 Results There is bad news on the Tech Front If TCS, the most valuable Indian company, was judged by its latest quarter results, then it was surely an unalloyed disappointment. What actually disappointed an investor is not just the quarterly performance Read more [...]

Weekly Capsule (Jul 10 – Jul 14) and Impact Analysis Major News Item Impact Analysis     Ø  TCS disappointed the street with 10% fall in net profits in Q1 Ø  While revenues were flat for TCS, Q1 profits were down by Read more [...]

 Midnight News Update – Jul 14th 2017   Despite the sharp fall in the CPI inflation for the month of June, the experts are not too confident of the RBI cutting rates in the August credit policy. With the government announcing higher MSP Read more [...]

 Midnight News Update – Jul 13th 2017   The CPI inflation came in sharply lower at 1.54% for the month of June 2017 largely on the back of tepid food inflation. In fact, food inflation dipped to a low of -2.12% and was driven deeper into Read more [...]

 Midnight News Update – Jul 12th 2017   The UP government became the first state government in India to make a provision of Rs.36,000 crore for the farm waiver bill via debt redemption. This is roughly 10% of the total UP budget of Rs.384,000 Read more [...]

TVS Motor (573.45 closed at the NSE): Buy; stop-loss on closing price basis below 550. Target for the next 5 weeks 630 – 650.  Prior to that 600 would be a resistance point to watch out for. Immediately, the range between 571 and 564 would Read more [...]