THEME FOR THE DAY: “NIFTY AT ALL-TIME HIGH; NOW FOR 11,000”

Posted on January 29, 2018 by Achiievers

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

Posted on January 29, 2018 by Achiievers

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

Posted on January 27, 2018 by Achiievers

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 [...]

Weekly Capsule (Jan 22 – Jan 26) and Impact Analysis

Posted on January 27, 2018 by Achiievers

Major News Item Impact Analysis Banking bad loans eased by 0.4% to Rs.9.46 trillion in September 2017 This is the first time that the bad loan situation has eased since stringent provisioning began in 2015 This is a signal that the Read more [...]

THEME FOR THE DAY: “NIFTY ENDS FLAT AHEAD OF LONG WEEKEND”

Posted on January 25, 2018 by Achiievers

The Nifty ended almost where it started as fresh positions appeared to be tentative considering the F&O expiry on Thursday and the long weekend. The expiry could see some long unwinding ahead of holidays. The big story tomorrow could be PSU Read more [...]

roadmap for the recapitalization

Posted on January 25, 2018 by Achiievers

The government on Wednesday laid out a clear and detailed roadmap for the recapitalization of PSU banks. The government has allocated over Rs.88,000 crore for the recapitalization of which nearly Rs.80,000 crore will come in the form of recap bonds. Nearly Read more [...]

THEME FOR THE DAY: “NIFTY SCALES 11,000; NOW WHAT?”

Posted on January 24, 2018 by Achiievers

There was little surprise on Tuesday as the Nifty decisively crossed the 11,000 mark and settled close to the 11,100 mark. Metals, banking, hydrocarbons and FMCG drove the markets higher during the day With stellar results in the quarter, Indiabulls Read more [...]

Midnight News Update – Jan 24th 2018