Sterling and Wilson IPO

Sterling and Wilson Solar Limited IPO What does the company do? Sterling & Wilson Solar is a global pure-play, end-to-end solar engineering, procurement, and construction (EPC) solutions provider, and was the world’s largest solar EPC solutions provider in 2018 based on annual installations of utility-scale photovoltaic (PV) systems of more than five-megawatt peak (MWp). The company

Spandana Sphoorty IPO

Spandana Sphoorty Financial Limited IPO What does the company do? Spandana Sphoorty Financial Ltd is a rural-focused NBFC-MFI (Micro Finance Institution) with a geographically diversified presence in India. Spandana has a presence across 15 states in India with 4,045 employees and 694 branch network. They offer income generation loans under the joint liability group model, predominantly to

Affle India Limited IPO

Affle India Limited IPO What does the company do? Affle International, Singapore is the parent company of 13-year old Adtech company Affle (India) Limited which is coming up with an IPO. They are a global technology company with a proprietary consumer intelligence platform that delivers consumer acquisitions, engagements and transactions through relevant Mobile advertising (the “Consumer Platform”). The advertising agencies of business to consumer (B2C)

HDB Fin Gets Rs.80,000 – Cr Valuation in Grey Market

Shares of HDB Financial,the NBFC arm of HDFC Bank,are baing valued at over Rs 80,000 crore in the grey market,making it the country’s fourth most valuable non-bank lender at the existing prices. Brokers and market experts say HDB Financial Services is being traded heavily in the grey market at Rs.1,000-1,050 per share on hopes of

Government planning to launch Financial Sector ETF

The government is planning to launch an exchange traded fund (ETF) comprising stocks of public sector banks,insurers and financial institutions this fiscal year,and has invited bids from advisors to explore its feasibility. After the resounding success of CPSE ETF and Bharat-22 ETF,the government is looking at diversifying the ETF basket by including stocks of public

KPR Agrochem Ltd IPO

KPR Agrochem Ltd IPO What does company do? K.P.R. Agrochem Limited is an agri-input Company focused on manufacturing, distribution and retailing of a wide range of crop yield-enhancing and protection products. The company offers a wide product range including crop nutrients, crop protection, veterinary feed supplements, sulphuric acid and variety of seeds. The company also manufactures

IndiaMart InterMesh IPO

IndiaMart InterMesh IPO What does company do? (i) IndiaMART provides a robust two-way discovery marketplace connecting buyers and suppliers. Buyers locate suppliers on the marketplace, including both Indian small and medium enterprises, or “SMEs”, and large corporates, by viewing a webpage containing the supplier’s product and service listings, or a “supplier storefront”, or by posting requests for

Sensex 40 Saal 40 Hazar (Sensex Record High above 40000 and nifty above 12000)

The benchmark BSE Sensex reclaimed the 40,000 mark, rallying nearly 300 points in early trade Friday led by gains in banking and IT stocks amid positive domestic cues and strong foreign fund inflow. After hitting a high of 40,119.81, the 30-share index was trading 271.12 points, or 0.68 per cent, higher at 40,103.09. In similar

Exit poll results suggest big win for NDA, a possible second term for Narendra Modi

Exit polls in India have a patchy record. Polling has been off the mark in two of the last four general elections in India,so nobody should assume that the final results, which will begin to be available later this week, will necessarily follow the pattern of the exit polls that were released as voting ended

Sensex rises 279 points; IT,finance stock shine

BENCHMARK INDICES FINISHED with smart gain Thursday as investors scooped up recently -battered stocks,led by information technology(IT) and financial counters,even as global markets reeled after the US escalated its trade conflict with china by imposing sanctions in telecom major Huawei. After trading on tepid note throughout the session,the BSE senex surged in the last hour

ECL Finance Limited NCD

ECL Finance Limited NCD Details NCD Ratings: The NCDs proposed to be issued under this Issue have been rated “CARE AA; Positive” and “CRISIL AA/Stable”     About the company: It is Incorporated in 2005, ECL Finance Limited is one of the leading systematically important non-deposit taking NBFCs, focused on offering a broad suite of

Neogen Chemicals Limited IPO

Neogen Chemicals Limited IPO What does company do? (i) Neogen Chemicals Ltd is a 27-year-old company specializing in Bromine-based compounds, Grignard Reagents, and Inorganic Lithium Salts. (ii) The company was founded by Mr. H T Kanani, a chemical engineer from IIT Mumbai. (iii) Over the years Neogen has developed several Bromine based intermediates and is a leading manufacturer

JM Financial Products Limited NCD

JM Financial Products Limited NCD Details NCD Ratings: CRISIL rated these NCDs as AA/stable and ICRA as AA. The rating of the NCDs indicates that instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations. About the company: JM Financial was incorporated in 1984. JM Financial

Jinaam’s Dress Limited IPO

Jinaam’s Dress Limited IPO What does company do? Jinaam’s Dress Limited is one of the manufacturers of Indian ethnic and fusion wear for women.They design, manufacture, and market-wide portfolio of women’s apparels across multiple brands.They also have an exclusive tie up with e-commerce platform, owned by one of the Group Company, for marketing and selling

L&T Finance Limited NCD Details:

L&T Finance Limited NCD Details NCD Ratings: CARE has rated these NCDs as AAA with Outlook Stable and ICRA rated them as AAA with Outlook Stable and India Ratings as AAA with Outlook Stable, which indicate that instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial

Muthoot Homefin (India) Limited NCD

Muthoot Homefin (India) Limited NCD NCD Ratings: CRISIL has assigned its ‘CRISIL AA Stable’ on the non-convertible debentures of Muthoot Homefin India Limited (Muthoot Homefin). The rating on long-term bank facilities has been reaffirmed at ‘CRISIl AA Stable’. About the company: Company was incorporated on August 26, 2011 and is currently the wholly owned subsidiary

Polycab India Limited IPO

Polycab India Limited IPO What does company do? Polycab is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (FMEG) under the POLYCAB brand.  The company is among the largest manufacturer in the wires and cables industry in India. For Fiscal 2018, it had a market share of

Metropolis Healthcare IPO

Metropolis Healthcare IPO What does company do? Metropolis Healthcare is one of the leading diagnostics companies in India, by revenue. Company has widespread presence across 18 states in India with leadership position in west and south India.  Company has a widespread operational network and offers a comprehensive range of clinical laboratory tests and profiles, which

KHFM Hospitality & Facility Management Services Ltd. (IPO)

KHFM Hospitality Limited is one of the reputed integrated business services providers focused on providing integrated hospitality and facility management services (IHFM). The Company provides the entire range of hospitality and facility management services including mechanized housekeeping, guesthouse management, pest control, gardening and security service, etc. The IPO page of KHFM Hospitality & Facility Management Services Ltd. captures

Osia Hyper Retail Limited IPO

Osia Hyper Retail Limited is a developing supermarket chain with a focus on value retailing. The first store of Osia Hyper Retail is open in 2013-2014 and based in Ahmedabad, Gujarat with the name of Osia Hypermart. Now, the company has 11 stores with the retail business located across various cities in Gujarat. The Osia

Rail Vikas IPO

Rail Vikas Nigam Limited IPO What does company do? RVNL is carrying out planning, development, resource mobilization & execution of railway related projects on fast track: Projects to be executed by RVNL are assigned by the Ministry of Railways (MoR). Projects of other Central Ministries, State Governments and CPSEs also assigned to it. Powers have

Embassy REIT IPO

Embassy REIT IPO Company Sponsors : Embassy Sponsor, Blackstone Sponsor Business Description :  Embassy Office Parks REIT is the owner of a high quality office portfolio in India that comprises seven best-in-class office parks and four prime city-center office buildings totaling 32.7 msf as of 31 December 2018. These assets also include two completed and

CPSE ETF – Another Opportunity to invest in 11 ratnas of Government of India at 4% discount*!

CPSE ETF FFO 4 Discount of 4% on the “FFO 4 Reference Market Price”  to the underlying Nifty CPSE Index shares Constituents of the index are: ONGC | NLC INDIA LTD | COAL INDIA LTD | RURAL ELECTRIFICATION CORPORATION LTD | IOC | POWER FINANCE CORPORATION LTD | NBCC (INDIA) LTD | BHARAT ELECTRONICS LTD

MSTC Limited IPO

MSTC Limited IPO Company Promoters : The Promoter of the company is the President of India, acting through the MoS. The Promoter currently holds 89.85% of the pre-offer paid-up Equity Share capital of the Company. Business Description :  MSTC Limited was incorporated in 1964 as a trading company to deal in the export of scrap.

Muthoot Finance Limited NCD

Non convertible debentures (NCD) are fixed-income instruments, usually issued by high-rated companies. They offer higher interest rate than convertible debentures. Muthoot Finance Limited NCD scheduling its Secured, Rated, Listed Redeemable Non convertible debentures from February 14, 2019 – March 14, 2019 is having Base Issue size of Rs.100 Crore with an option to retain oversubscription up to Rs.650 Crore aggregating

India’s most expensive stock MRF wealth created from Rs 500 to 81,425 in 18 years.

Stock market is all about patience, and if you have that, sky is the limit. Who else to tell you that better than those who actually benefited from it. How many of us actually hold these multibagger stocks that long? Not many! Patience is a key to successes, the statement comes true for those equity

Market Outlook 05-March-2019

Global market & Events: DOW: -206 SGX NIFTY: 10829 (-18). However NIFTY 50 closed at 10863. Dollar: 70.91 Gold: $ 1287 per ounce Crude: $ 65.45 per barrel 10 year US bond rate: 2.72 percent 10 year Indian Bond rate: 7.37 percent VIX: 16.27 FII: +198 DII: +117 Market View – Market to open down

Market Outlook 01-March-2019

Global market & Events: DOW: -69 (There wasn’t no specific conclusion between Trump and Kim) SGX NIFTY: 10872 (-2). However NIFTY 50 closed at 10792 Dollar: 70.75 vs 71.24 Gold: $ 1314 per ounce Crude: $ 66.54 per barrel 10 year US bond rate: 2.71 percent 10 year Indian Bond rate: 7.40 percent VIX: 18.28

Market Outlook 28-Feb-2019

Global market & Events: DOW: -73 (Cohen testimony didn’t impacted the US markets) SGX NIFTY:10797 (-7).However NIFTY 50 closed at 10806. Dollar : 71.24 vs 71.07 Gold:$ 1318 per ounce Crude: $ 66.26 per barrel 10 year US bond rate : 2.67 percent 10 year Indian Bond rate: 7.47 percent VIX: 18.90(+10.5%) FII: +423 DII:

Tech Mahindra announces first ever share buyback(Mega Buyback Approved)

Tech Mahindra Limited is a multinational company headquartered at Pune and has its registered office in Mumbai. Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise. Details of Buyback: Approved the proposal to the buyback of not exceeding 20,585,000 equity shares (representing 2.10% of the

Market Outlook 27-Feb-2019

Global market & Events: DOW :-33 SGX NIFTY:10865(+42).However Nifty closed at 10835 Dollar:71.07 vs 70.98 Gold:1328 per ounce Crude:65.64 vs 64.40 US bond rate:2.62 percent  India Bond rate:7.42 percent VIX:17.11(+11%) FII:+1674 DII:-720 Trump and Kin 2nd meet starts today. Market View – Expecting Positive aided by FII buying.For the month FII net buying Rs 8256

IAF(Indian Army Force) Jets Crossed LoC and Destroyed Terror Camps in Pakistan

More than one Indian Air Force (IAF) fighter aircraft on early Tuesday (Feb. 26) morning crossed the Line of Control that divides the state of Jammu & Kashmir between India and Pakistan. The operation involved 12 Mirage 2000 jets which dropped 1,000 kg of bombs to completely destroy major terror camps in Balakot,Chakothi and Muzaffarabad,

Market Outlook 26-Feb-2019

Global market & Events: DOW:+60 SGX NIFTY:10886(-6).However NIFTY 50 closed at 10880 Dollar:70.98 vs 71.14 Gold:1328 per ounce vs 1330 per ounce Crude: 64.40 vs 67.25 US bond rate:2.64 percent India Bond rate:7.41 percent VIX:15.36 FII:+2134 DII: -1746   Market Outlook – Expecting market to open weak due to news regarding air strike. Wait for

Kotak Bank shares fall 5%.As ING sold stake

Shares of Kotak Mahindra Bank fell nearly 5 percent in the morning trade following a series of bulk deals on the stock exchanges. The stock fell as much as 4.25 percent to Rs 1,234 per share on the BSE, and lost 4.97 percent to Rs 1,225 per share on the NSE. ING Group merged its banking unit,

Market Outlook 22-Feb-2019

Global market & Events: Dow:-104 SGX NIFTY:10793(-20).However NIFTY 50 closed at 10789 Dollar:71.24 vs 71.12 Gold:1325 per ounce vs 1338 per ounce Crude:66.89 vs 66.75 US bond rate:2.68 percent India Bond rate:7.35 percent VIX:16.05(-5%) FII: +55 DII: +202 Market Outlook-Expecting range bound (10650 to 10900) with positive bias. Mid cap and Small caps showing signs

Bank recapitalisation plan: PSU banks set to get ₹42,239-crore Fund

The government on Wednesday February 20 approved the infusion of Rs 48,239 crore in 12 public sector banks in the current financial year(2018-2019). The government has now provided Rs 1,00,958 crore out of the Rs 1.06-lakh-crore bank recapitalisation plan. Corporation Bank emerged as the biggest beneficiary of the latest round of capital infusion with Rs 9,086 crore,followed by

Two wheeler sales slipped into a single digit growth.

Since September 2018,when compulsory five-year third-party insurance became effective,Two wheeler sales have slipped into a single digit growth from around 20% earlier,as cost of ownership increased substantially. The customer enquiries have increased but they are not converting into sales at the pace it is required,” a Hero MotoCorp dealer in the NCR told FE. Since

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How to choose the right mutual fund?

Today we will learn different types of Mutual Funds and its detailed description. Mutual funds can be categorised based on different attributes (like Equity Mutual Fund equity stocks , asset class, time frame, goal based, age factor etc.) Mutual Fund types Based on Structure : Structure Classification : open-ended Funds, close-ended funds and interval funds

Indiabulls Consumer Finance Limited NCD

What is NCD?  Non – Convertible debentures are fixed income products that offer nearly higher returns which are hard to stand up to. The companies issuing NCDs are promising double-digit rates, much more than bank Fixed Deposits or Company Fixed Deposits. Not many fixed income instruments are able to deliver such high returns. However, in last few years companies have raised great money

Sensex falls eight straight day, Longest losing streak in 6 years

The benchmark Sensex ended with losses for an eight straight trading session-its longest losing streak since August 2013. The sensex ended 310 points,or 0.87 percent lower at 35498.44,while the Nifty 50 index fell 0.8 per cent,or 83 points,to 10,641. A total of about 1393 (National Stock Exchange) listed stocks were traded on both February 14,2018

For first time in FY19,RBI becomes net buyer of dollars in Dec

The Reserve bank of India (RBI) has turned net buyer of dollars in December,first time in the current fiscal year,as it purchased $607 million of the greenback on a net basis from the spot market,according to the latest data. The central bank bought $837 million and sold $230 million in the spot market during the reporting month.

WPI inflation hits 10 – month low

The wholesale price inflation (WPI) rate fall to a 10-month low of 2.76 percent in January, Official figures released on Thursday showed. The inflation rate in December had stood at 3.80 percent, while it was 3.08 percent in January, 2018. The trend is in line with the consumer price inflation rate, which declined to a

CPI Inflation at 19-month low in Jan; IIP growth recovers In Dec

India’s CPI-based inflation for the month of January 2019 eased to a 19-month low at 2.05 per cent while industrial production in December 2018 bounced back to 2.4 per cent. India’s CPI-based inflation for the month of January 2019 eased to a 19-month low at 2.05 per cent while industrial production in December 2018 bounced

Company Results Announced Today

Results: 3M India Ltd Asahi India Glass Ltd Bata India Ltd CG Power & Industrial Solutions Ltd Coal India Ltd Container Corporation Of India Ltd CRISIL Ltd Dhanuka Agritech Ltd GE Power India Ltd HEG Ltd HeidelbergCement India Ltd Hindalco Industries Ltd Indian Hotels Co Ltd Ipca Laboratories Ltd Jain Irrigation Systems Ltd Lux Industries

Bharat 22 ETF(Exchange Traded Fund)

An open-ended Exchange Traded fund investing in S&P BSE Bharat 22 Index. (Managed By ICICI Prudential AMC Ltd.) Key Highlights Diversified exposure volatility risk adjusted returns Six sectors (Basic materials,Energy,Finance,FMCG,Industrials and Utilities). Secular growth prospects (FMCG and Utilities)+Cyclical (Energy,Metals,Industrial). Diversification can help reduce volatility and improve risk adjusted returns. Seeking Stability + Growth Mix of

RBI Monetary Policy Review February 2019.

              Key Highlights of RBI Monetary Policy. Repo rate been lowered to 6.25% from 6.50%. Repo rate cut by 25 basis points and stance of policy changed from calibrated tightening to neutral. Reverse repo rate cut to 6 pc, bank rate to 6.5 pc, CRR unchanged at 4 pc.

Axis Long Term Equity Fund.

ELSS/Tax Saving Fund 2019 An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of approximate 80% and more equity, 20% debt and money market securities. AXIS LONG TERM EQUITY FUND      Save up to Rs 46,800 in taxes every year.  

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Aditya Birla Sun Life Tax Relief 96 Fund.

Invest in ELSS – Tax Saving Mutual Funds & Save Upto ₹46,800 In Taxes Aditya Birla Sun Life Tax Relief 96 Fund Objective The scheme seeks long-term capital growth and will invest approximately 80 per cent of its assets in equity, while the balance would be a invested in debt and money market instrument. It

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Top Performing Mutual Funds in 2019.

2018 has been an exciting year for Mutual store industry. SEBI has executed many new controls. The critical one being, renaming or re-order of Mutual Funds. Consistently, I distribute an audit of best and top rated mutual fund schemes that can be considered for long-term wealth creation. Best Large-Cap Equity Funds 2019 1. Axis Blue

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Wealth Bhai New Year’s Resolutions For 2019.

Spending less and saving more, and in addition paying down debt, are consistently among best financial New Year’s goals individuals make every year.    In any case, with 80 percent of goals bombing, by what method can individuals improve the situation in 2019? Don’t be discouraged, though. Wealth Bhai has your back. We set up together a rundown

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The perfect winter breaks.

A round up of five destinations worth exploring over the Christmas and new year holidays. Handy tips to help you make the right choice. December is less than a week away and its time to firm up winter holiday plans . We know the feeling when long weekends or holidays approach or when there is

Build a Rs. 50 Lakh corpus for your child.

How to build a Rs. 50 Lakh corpus for your child? The corpus you build will depend on when you start investing, how much you invest in equity and debt, and the instruments you choose. Find out how to secure your children’s future by taking the the right money decisions and opting for appropriate investing

What is Indexation?

What is Indexation? Indexation is a technique to adjust income payments by means of a price index, in order to maintain the purchasing power of the public after inflation. Indexation adjust tax payments by employing a price index which adjusts for inflation. In other words, indexation is the process that takes into account inflation from the time

Safeguard for your wealth despite crashing markets.

“Markets see Red; Investors’ wealth Eroded; Rupee breaches 74-mark; Sensex Tumbles 800 points” Our clients have been waking up to morning newspaper headlines like  these ones very frequently these days. Then they quickly check online their portfolios and calculate how much of their wealth got eroded. Nervousness sets in and the next thing you see

Best 5 Managers of Multi-Cap in Mutual Funds.

Has your fund manager changed focus?  India’s best equity fund managers, across categories, based on their five-year risk-adjusted returns. Here are the best 5 in the multi-cap category. These managers have proved their grit while managing stock exchange unpredictability and have delivered consistent returns throughout the years. Read about every one of these managers, their

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What does financial freedom mean to you?

What Freedom Means To You on This Independence Day. * India is celebrating its independence day. It’s time for you to celebrate your own financial freedom. * How to make this Independence Day more special than the last one? * What does financial freedom mean to you? * And what are you doing to achieve

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Best Funds To Build Your Portfolio.

 Best Performing Mutual Funds 2018-2019. Wealth Bhai identifies the top-performing funds across 10 categories. Equity funds and equity-oriented hybrid funds are ranked on 3-year returns while debt-oriented hybrid and income funds are ranked on 1-year returns. Best Large-Cap Equity Funds 2018-2019. Best Large & Mid Cap Equity Funds 2018-2019. Best Multi-Cap Equity Funds 2018-2019. Best Mid-Cap

CreditAccess Grameen IPO.

CreditAccess Grameen IPO Company Promoters :  The promoter of the company is CreditAccess Asia NV. It holds 126,985,513 Equity Shares, equivalent to 98.88% of the pre-Offer issued, subscribed and paid-up equity share capital and will continue to hold a majority of the post-Offer paid-up Equity Share capital of the Company. Netherlands based CAA is a company

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What is Inflation?

How Inflation Works And What It Means For Your Wallet? Many of us have a general thought of what inflation implies: Stuff gets more costly. Obviously, inflation is more complicated than that. It assumes an entirely critical part in your everyday funds, from your income to the cost of your milk to the amount you’ll

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What is a SIP?

What is a SIP?  “Little drops of water make the mighty ocean” An SIP enables you to invest in mutual funds in a systematic, automated fashion. If you’re new to investing, it’s a good idea to stick to a monthly SIP since you probably get your salary paid on a monthly basis. For some investors

Prominent football fever helps you to win your investment fantasy.

Best tools for winning your fantasy football league 2018. First, You should remember the object of the game as well as remember the goal of your investment. If your MF investments were a football field….how would your game plan look like? Center Forwards : Equity funds help you create wealth like forwards score goals. More

Varroc Engineering IPO.

Varroc Engineering Limited IPO (Varroc Engineering IPO) Detail Company Promoters : The Promoter of the Company is Tarang Jain. The Promoter holds following shares of our Company: 1. Tarang Jain*- 50,798,590 (41.26%) Equity Shares 2. Tarang Jain**- 11,683,770 (100.00%) Series C CCPS Business Description :  Varroc Engineering is a tier-1 automotive component group. It designs, manufactures

Rites Limited IPO.

Rites Limited IPO Full Detail Company Promoters : The President of India. Business Description :  Rites Limited is a wholly owned Government Company, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having diversified services and geographical reach

Market outlook of 30th May, 2018.

Rally stands and faces resistance near 10700-10720; index closed lower, led by bank and financial, a trading range is visible in Nifty i.e. 10400-10700. Nifty index failed to hold above 10700 marks and wiped out its entire gains of the previous session. The price setup suggests range bound move with limited upside. It has support

Market Outlook of 29th May, 2018.

Rally extended for the third day; trading near its resistance at 10700; all sectoral indices closed higher except Nifty IT. Nifty index opened with a gap up and extended its gains towards the 10710. It formed a bullish candle on the daily scale and made higher highs – higher lows for 3rd consecutive session. As

Market Outlook Of 28th May, 2018.

Nifty extended rally for the second consecutive session, closed above 10600; trading inside its resistance zone 10600-10700. It was another volatile week for the Nifty 50 index, as it declined to an intra-week low of 10417 before bouncing back to close on a marginal positive note. The index has added just 8.75 points last week.

Market Outlook of 24th May, 2018.

Big decline in Nifty brings index near 10400 supports; today may have been an exhaustion day with panic selling. Nifty index failed to cross the previous day’s high and corrected towards 10420. It is making lower highs-lower lows for last 6 sessions. Now, if it sustains below 10500 then weakness could drag it towards 10350-10333

Why your Best mutual fund is not Best fund For Ever.

“Investments in Mutual Funds are Subjected to Market Risk, please Check details before investing”. Stagnant water smells, but flowing river does not smell. Once upon a time, there lived a rich man. He was very rich and prosperous. But he was very miser and he never wanted  to help any poor person. One day a

Market Outlook of 23rd May, 2018.

Sixth day lucky after five days of falling, nifty finally closely higher intermediate trend remains down; rally may face resistance around 10600. Nifty index traded in a range of 50-60 points throughout session and closed near its 50 day EMA. However, it continued to form lower highs – lower lows for last 5 sessions and

Market Outlook of 22nd May, 2018.

The index slipped for a 5th consecutive session in a row. Nifty open positive but failed to gather momentum and close marginally above its crucial support. The Nifty index continued its selling pressure and has been forming lower highs- lower lows for last 5 sessions. As long as it holds below 10550 weakness could extend

Market Outlook of 18th May, 2018.

Nifty extend losses for the second consecutive session, ended below 10700; Midcap outperformed today. Nifty index failed to cross above 10785 zones and witnesses selling pressure on last session. If it holds below 10725, then weakness could extend and take it towards next major support of 10600 zones while hurdles at 10785. India VIX fell

Market Outlook of 17th May, 2018.

Nifty ended below 10800 as uncertainty still ahead regarding the Karnataka elections; the index came back in a trading range 10700-10900. Nifty index opened gap down and remained volatile throughout session. Index negated the formation of higher lows of last 7 sessions and corrected towards 10700. Now it has to cross and hold above 10785

Market Outlook of 14th May, 2018.

Nifty closed higher above 10800; a trading range inside 10600-10800 of last 10 days has broken on upside; metal, NBFC and bank shines today. Nifty index opened gap up and witnesses sustain buying interest till the end of the session. It has given a decisive close above 10800 after consolidating between 10600 to 10785 in

Market Outlook of 11th May, 2018.

Nifty closed lower near 10700; a trading range inside 10600-10800 remained intact for last 9 trading days. Nifty index opened positive but failed to surpass 10785 and corrected towards 10700. It found supply near previous week’s high of 10784 marks. As long as it holds above 10680, it can extend its rally towards 10780 then

Market Outlook of 10th May, 2018.

Nifty ended on the positive note followed by IT and PVT Banks; a trading range inside 10600-10800 remained intact; may see a breakout soon from this range. Nifty index opened flattish but managed to hold its immediate support of 10680-10690 zone and headed towards 10766. As long as it holds above 10680, it can extend its

IndoStar Capital IPO.

IndoStar Capital Finance IPO Company Promoters : IndoStar Capital Business Description :  IndoStar Capital Finance is a non-deposit taking, non-banking finance company (NBFC) registered with the Reserve Bank of India. The company is primarily engaged in providing bespoke structured term financing solutions to corporates and loans to small and medium enterprise (SME) borrowers in India.

Market Outlook of 9th May, 2018.

Nifty ended flat after opening with a gap up; intraday movement was very volatile; a trading range inside 10600-10800 remained intact from last 7 days; outperformance in Bank Nifty continued. Nifty index opened positive but follow up buying was missing at higher levels and it got stuck in a range of 40-50 points, It formed

Market Outlook of 8th May, 2018.

Nifty bounced back from 10600 support zones; closed higher by almost 1% but still trading below 10800 resistances. Nifty index opened positive and sustained buying was seen throughout the session. As long as it holds above 10680, it can extend rally towards 10780-10800 while below 10680 it could find support near to 10638 then 10600.

Market Outlook of 7th May, 2018.

Nifty continued its decline for the third day; all sectoral indices end in then red except Nifty Bank; 10800 act as a strong resistance. Nifty index opened flat and remained under pressure throughout the session. Nifty has been making lower highs – lower lows for last 2 sessions and till it holds below 10638, weakness

Market Outlook of 4th May, 2018.

  Nifty continued its decline; momentum is waning; 10800 acting as a strong resistance. Nifty index made an opening high at 10720 and remained under pressure with support in the 10638-10650 zones.  Nifty closed negative on the 2nd session. It broke out of the consolidation range between 10500 and 10638 last week and the previous

Market Outlook of 3rd May, 2018.

A gap up and then a sharp intraday decline; Nifty closed with minor losses ahead of Fed meeting outcome. Nifty index opened gap up but failed to hold the gains and corrected towards the 10690. Index closed negative and negated the formation of higher highs of last 3 sessions. Now, 10650-680 acts as a major

Market Outlook of 30th Apr, 2018.

Big breakout in Nifty pushes index towards 10700; Bank Nifty also come out from range and could also participate in rally; rupee weakness may help Pharma and IT stocks to outperform. Nifty index opened gap up and continued to witness buying interest, which lifted it towards 10719. It gives the consolidation breakout from its trading

Market Outlook of 27th Apr, 2018.

Nifty still trading range; index closes at the top edge of the range; a move above 10640 should signal more upside; bearish below 10510. Nifty index remained range bound for most part of the day and then witnesses buying in the last half an hour of the session to extend its move towards 10630. Index

Market Outlook of 26th Apr, 2018.

Still in a trading range – Nifty support around 10510 and resistance around 10640; last 7 days move inside a small 130 points range. Nifty index remained range bound for first half then witnessed selling pressure in the last one hour of the session towards intraday low of 10536. Nifty failed to surpass immediate hurdle

Market Outlook of 25th Apr, 2018.

Nifty closes higher above 10600; trading at resistance zones near 10620; narrow trading suggests big move is ahead. Nifty index managed to hold above 10565 and headed towards 10636. It witnesses buying interest on declines as supports are gradually shifting higher. As long as it holds above the 10550-10565 it has potential to move back

Market Outlook of 24th Apr, 2018.

Choppy markets with minor Nifty gains as index continues to face resistance around the 10620 zone. Nifty index formed a wider range between 10514 and 10638. The index witnessed buying interest in morning dips, but saw selling pressure at higher levels, as it failed to hold above the immediate hurdle at 10630 in the last

Market Outllook of 23rd Apr, 2018.

Nifty index remained in a broader range and witnessed recovery from 10520 zones to close on a flattish note. It formed a Doji candle with long lower shadow which indicates that decline is being bought as it got stuck in range ahead of the expiry week. Index has been making higher highs – higher lows

Tiny steps to bigger milestones.

Sea waves shows up and down of the regular ongoing life of the ocean. So , as to, with life also, it comprises high and low, up and down. Ups are unpredictable’s and also welcome warmly, but downs are not acceptable and carry on with sorrowful  minds, shortage of money increases the pressure of sorrow. So,

Market Outlook of 20th Apr, 2018.

The index is still trading very choppy & narrow. Prices are finding intraday support at 10495 & resistance at 10600. Nifty remained in a narrow range for the entire session. It finally negated its higher highs formation after 14 consecutive trading session. Now, till it slips below 10480 then only some weakness could be seen

Market Outlook of 19th Apr, 2018.

Nifty index opened positive but failed to surpass 10,600 and slipped towards 10,500 zones. It continued its higher highs formation for last fourteen consecutive trading sessions but witnessed selling pressure in the second half of session and closed negative after the winning streak of last nine sessions. Now, if it sustains below 10,480 zones then only

Market Outlook of 18th Apr, 2018.

Nifty will take resistance at 10630. 600 Points rally to hold. Intermediate term is still bearish.  Nifty index opened positive and managed to hold above 10,480. From last 12 consecutive sessions, higher highs formation is made, which indicated that the bulls are holding the momentum.  As long as the index holds above 10,480 , it can

Market Outlook of 17th Apr, 2018.

Nifty index opened gap down but witnessed sustained buying interest throughout the trading session to settle near day’s high. It recovered sharply from 10396 levels and formed a Bullish Marubozu Candle on the daily scale which implies complete dominance by the bulls. It has been making higher highs from last eleven consecutive trading sessions implying

Market Outlook of 16th Apr, 2018.

The Nifty index extended its weekly gains for 3 week in a row, a mid choppiness. The index has advanced 149 points or 1.45% last week. Nifty index opened gap up but witnessed selling at higher levels and corrected towards 10,450. Index has been making higher highs for last 10 consecutive sessions and if it

Market Outlook of 13th Apr, 2018.

Nifty index managed to hold above 10400 zones and headed towards 10470 levels. It formed a Bullish candle on the daily scale and has been making higher highs from last nine consecutive trading sessions. It managed to close above immediate hurdle of 10420 zones and a decisive hold above 10420 could extend its move towards 10480

Market Outllook of 11th Apr, 2018.

Nifty and Bank Nifty traded very choppy; metal shines today with a gain of 2%. Nifty index continued to form higher highs for the 7th session and headed towards the 10424. Now it has immediate hurdle at 10450 then 10480, while holding below 10380 could lead to some consolidation towards its next support at 10333.

Market Outlook of 10th Apr, 2018.

Nifty rally continues with Index coming close to first resistance of 10450 target; if breaks most likely it happens then 10600. Nifty index continued from higher highs for sixth consecutive session  and headed towards 10450. It closed above its 50 day Moving Average on the daily chart. Nifty short term is in the bullish mode

Market Outlook of 9th Apr, 2018.

Nifty, Bank Nifty traded very choppy and narrow. Nifty index opened flat and remained range bound for most part of the session. As long as it holds above 10276 it can extend its move towards 10440, while supports at 10222 then 10180. Options data suggests trading range between 10200 and 10450. Index VIX remained flat

Market Outlook of 6th Apr, 2018.

Easing concerns over the trade war between US and China; Pull back Nifty to closed up 197 Points, the most since 25 May, 2016; Nifty on track to 11450 target; World markets find support at previous lows. Nifty index opened gap up and witnessed sustained buying interest till the end of session. It gained 197 points and

Market Outlook of 5th Apr, 2018.

Markets fall due to trade war concern between US – China; Multiple levels support at 10000-10050; focus on good quality stocks, avoid small caps. Nifty index failed to hold above its crucial resistance at 10276 and witnesses sustained selling till the end of the session. The index wiped out gains of previous 2 sessions, which

Market Outllook of 4th Apr, 2018.

Market recovers from intraday low; close with gains.          Nifty index opened flattish but managed to hold above 10171-10180 and witnessed a rally towards 10255 in the last hour of trade. It managed to close above previous week’s high. Now, it has to hold above 10222 to extend its move towards 10276 then 10333 while supports

Market Outlook of 3rd Apr, 2018.

Markets get cheerful start to financial year 2018-19; Nifty breaks above 10200. Nifty open positive and witnesses sustain buying interest throughout the day. It managed to hold above 10141and headed towards 10222. It traded above previous week’s close and if it continues to hold above 10222 to extend its move towards 10276 and then 10333

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Top Mutual Funds of New Financial Year 2018-19..

The start of the financial year can be the best time to invest in that funds which gives you excellent returns. But you have to check or find out that scheme or fund in which you can invest for make your better coming year. If we look at the budget, how much of our expenditure did

Market Outlook of 2nd April, 2018.

New Financial Year, New beginning of April Expiry suggest, 10000 hold on the cards and could be April for the Bulls and can rally towards 10300 and 10600. Nifty index opened negative by taking cues from weakness of global markets. After its consolidating index fell towards 10100. If it sustains above 10141 then it may

Market outlook of 28th Mar, 2018.

Nifty gains continues  as world markets join relief rally; April month likely to be much better , bullish and relief rally expected after 11% correction comes from high in March month. Nifty index opened gap up, tested the support at 10141 and recovered towards 10200. However it got stuck in a range during the second

Market Outlook of 27th Mar, 2018.

Probably market is at the end of correction; expect April to benefit the bulls. Nifty index managed to hold previous day’s low of 9951 and witnessed a strong rebound of around 200 points from its intraday low. Nifty crossed very decisively the important resistance of 10141. Now it has to hold above 10141 to extend

Market Outlook of 26th Mar, 2018.

Global markets spook markets; Indices are expected to end the month in the red. Expecting trade wars concerns spooked the market, with indices across the globe skidding last week. Indices fell nearly 2% to a five month low. Both the Nifty and the Sensex are set to end the month in the red, for the

Time Value of Money.

Some people put their money in a bank account; some make investments in stocks and bonds. Different people follow different strategies to keep their money on the move. All of them consciously or unconsciously realize time is the biggest enemy of idle money. So, the concept of time value of money always influences our decision

Market Outlook of 23rd Mar, 2018.

Narrow ranges, intraday volatility, failure to cross resistance – Nifty without direction, remains choppy. Nifty index opened positive, but failed to surpass previous day’s high of 10227 and slipped towards 10100. Nifty is hovering near to its 200 DMA, bur follow up buying is missing even after it recent swing support at 10050. Now, if

Market Outlook of 22nd Mar, 2018.

Nifty is trading very choppy and narrow; the index may find short term support around 10100. Nifty opened gap up and negated its formation of lower highs – lower lows of the lat 4 trading session. Index remained volatile and bears are putting pressure at higher levels, but at the same time bulls are not

Market Outlook of 21st Mar, 2018.

Nifty may find short term support around 10100; relief rally is possible but intermediate trend remains down. Nifty index opened negative, but managed to hold 10050 levels, and witnessed a recovery of around 100 points from low points of the day. However, it witnessed a tough fight between bulls and bear in the range of

Sandhar Technologies IPO.

Sandhar Technologies Limited IPO (Sandhar Technologies IPO) Detail Company Promoters : The Promoter of the Company is Mr. Jayant Davar. The Promoter directly holds 31,306,426 Equity Shares (inclusive of the 90,909 Equity Shares held by him in his capacity as sole proprietor of Sandhar Enterprises), representing 61.20% of the pre-Offer issued, subscribed, and paid-up capital

ICICI Securities IPO.

ICICI Securities Ltd IPO (ICICI Securities IPO) Detail Company Promoters : ICICI Bank Ltd is the promoter of the company. ICICI Bank currently holds 322,141,400 Equity Shares, equivalent to 100% of the pre-Offer issued, subscribed and paid-up Equity Share capital of the company. Business Description :  ICICI Securities is a leading technology-based securities firm in

Market Outlook of 20th Mar, 2018.

Correction widely deepens and may find the support at 10000 levels Nifty index continued its weakness and corrected around 100 points. Market is forming lower highs – lower lows from last 3 trading sessions. First index it breaks and slipped below its 200 DMA, which implies short term pressure in the market. Now, till it