by admin@proficient | Jul 18, 2017 @ 9:01 am | Uncategorized | 0 Comments
India raises tax on cigarettes. Bad for #ITC #Godfryphlp Casino policy will be passed in monsoon session: Manohar Parrikar. Stock to watch #Deltacorp #Mhril BRITANNIA INDUSTRIES: Is keen to expand its dairy business, which contributes 5-6% to its annual turnover....
by admin@proficient | Jul 17, 2017 @ 11:36 am | Uncategorized | 0 Comments
Nifty put up a commendable show this week as it closed at 9886, up a massive 220 points from last Friday. 9700 will act now as an intermediate support zone. On a shorter term, one could position trade Nifty from long side with stop loss at 9778, target 9990. LIC...
by admin@proficient | Jul 17, 2017 @ 8:56 am | Uncategorized | 0 Comments
Gruh Finance profit grows 20% in first quarter even as competition heats up. Bhansali Polymers revenue up 52%, PAT up 111%; margins at 13.2% versus 10.9% Suzlon starts to get back in shape. Suzlon’s Brazilian subsidiary Suzlon Energia Eolica do Brasil Ltda...
by admin@proficient | Jul 14, 2017 @ 8:55 am | Uncategorized | 0 Comments
Prime Minister to review FDI policy, may focus on easing curbs. HATSUN AGRO PRODUCT: Posted an 18.8% on-year rise in consolidated net profit to 351.9 mln rupees for Apr-Jun and revenue from operations rose 12.7% to 11.7 bln rupees during the quarter. INFIBEAM...
by admin@proficient | Jul 13, 2017 @ 9:02 am | Uncategorized | 0 Comments
BRAHMAPUTRA INFRASTRUCTURE: Joint venture VKGA-Brahmaputra-Tribeni has got an order worth 1.17 bln rupees for construction works on the railway line between Bairabi and Sairang stations from North East Frontier Railway, Guwahati.
by admin@proficient | Jul 12, 2017 @ 10:30 am | Uncategorized | 0 Comments
There is a fiercely hot debate between practitioners & academics of finance on the topic of trends. In general, we casually accept that prices many-a-times put up significantly strong unidirectional movements with little or almost no pull backs & we love to...
by admin@proficient | Jul 12, 2017 @ 8:56 am | Uncategorized | 0 Comments
Tata motor has launched three new models of its small commercial vehicle Tata Ace–Ace XL, Ace Zip XL and Ace Mega XL. SBI Chairman Arundhati Bhattacharya said investment climate in the country is still grim, with the annual credit growth in the banking system...
by admin@proficient | Jul 11, 2017 @ 9:01 am | Uncategorized | 0 Comments
The government has increased the import duty on sugar to 50% from 40% with immediate effect to counter cheap imports amid abundant supply in domestic market. ADRs of Indian company ended higher on Monday. Indian stock like #VEDL #Tatamotors #Wipro Liquor Companies...
by admin@proficient | Jul 10, 2017 @ 9:00 am | Uncategorized | 0 Comments
Import of aircrafts, parts on lease exempt from GST.benefited to airlines finance company also like Mega corporation , Taneja airspace and aviation benefited to, sika interplant systems ltd and all aviation stocks GSKPharma to invest Rs 1,000 crore in #Karnataka plant...
by admin@proficient | Jul 8, 2017 @ 1:24 pm | Uncategorized | 0 Comments
Market is flirting with the new life high & as on Friday 7th July 2017, it closed at a striking distance from 9700. On a weekly basis, we see the first rise after three consecutive lower closes. This appears to be a resumption of primary uptrend, provided 9540...
by admin@proficient | Jul 7, 2017 @ 9:04 am | Uncategorized | 0 Comments
TATA MOTORS: Had cut prices of commercial vehicles in the range of 0.3-8.2% to pass on the benefit of lower taxes. Stocks to watch: Positive: #Bharatforge #Redington #Emkay #Rblbank #Tatamotors Negative: #Daawat
by admin@proficient | Jul 6, 2017 @ 9:01 am | Uncategorized | 0 Comments
Iran To Use Rupee Accounts To Pay For Non-Oil Imports From India; Iran Likely To Add Dena Bank In New Trade Payment System CYIENT: Has signed a non-exclusive business alliance agreement with Kii corp to explore business opportunities in smart city deployments. EMAMI:...
by admin@proficient | Jul 5, 2017 @ 9:29 am | Uncategorized | 0 Comments
NTPC bets $10 billion on coal power despite surplus, green concerns. VideoconTelecom eyes Rs 1,115 crore businesses from CCTV solutions by 2021. Stocks to watch: Positive: #Texrail #Deltacorp #Mbecl #Videocon #Ntpc
by admin@proficient | Jul 4, 2017 @ 3:28 am | Uncategorized | 0 Comments
ASIAN PAINT: Paint category is astonishingly only 30-35% organized. Which means major player like Asian paints have a huge scope to further consolidate the market as GST kicks in. With strong distribution system, big branding focus and govt’s push on housing,...
by admin@proficient | Jul 3, 2017 @ 3:36 am | Uncategorized | 0 Comments
Whirlpool of India to invest Rs 200 crore; increase production. PowerCabinet may consider Rs 16,709 crore hydropower policy this Govt mulls hiking import duty on sugar to 60% from 40%: PTI good for sugar stock. MOIL Increases Price Of Manganese Ore Increased By Avg...
by admin@proficient | Jun 30, 2017 @ 3:27 am | Uncategorized | 0 Comments
VINATI ORGANICS Is expanding the manufacturing capacity of isobutyl benzene to 25,000 tn at its Mahad facility. Stocks to watch: Positive: #Vinatiorga #Jswsteel #Kamathotel
by admin@proficient | Jun 29, 2017 @ 3:31 am | Uncategorized | 1 Comment
Mindtree will buy back up to 43.2 lakh shares, comprising 2.5 percent of the total paid up shares. 7th Pay Commission: Cabinet approves hike in allowances for central govt staff from July 1 benefit for affordable housing housing finance com, consumer durable, Consumer...
by admin@proficient | Jun 28, 2017 @ 3:32 am | Uncategorized | 0 Comments
ABG Shipyard UK-based Liberty House, which recently bought TATA STEEL UK’s speciality steel business, is in talks with the company for a buyout. ONGC Has received environmental clearance for drilling five wells to explore shale gas and oil in the Krishna...
by admin@proficient | Jun 27, 2017 @ 5:03 am | Uncategorized | 0 Comments
Today, we live in an era where we are flooded with informations. This makes us believe that success could be achieved instantly. In reality, nothing can be further from truth. For example, today’s trading community is lot more tech-savvy than those of the yesteryears....
by admin@proficient | Jun 27, 2017 @ 3:32 am | Uncategorized | 0 Comments
Electronics next on Aditya Birla’s Fashion & Retail store ‘The Collective’ cart. State-owned HPCL joins talks to buy stake in #Russia’s Vankor Cluster oil fields in the Arctic region. Cadila Healthcare board approves raising up to Rs...
by admin@proficient | Jun 23, 2017 @ 3:30 am | Uncategorized | 0 Comments
RELIANCE INFRASTRUCTURE: Subsidiary Reliance Defence has signed a memorandum of understanding at the Paris Air Show with Daher Aerospace,France, for Aerospace and Advanced Technologies.Has initiated a process to spin off a new unit, called Reliance Transport,to take...
by admin@proficient | Jun 22, 2017 @ 3:34 am | Uncategorized | 0 Comments
Petronet in talks to buy stake in GSPC’s Mundra LNG terminal. Delhi High Court refuses to bar Singh brothers from issuing fresh shares in Fortis. Online learning is exploding in India. Zeel, NIIT, and Educomp looks good for long term. Telecom leaders, including...
by admin@proficient | Jun 21, 2017 @ 3:31 am | Uncategorized | 0 Comments
Crude oil near to 43$, Sectors which would benefit from falling crude oil are oil marketing companies (OMCs), Tyre industry, synthetic fiber producers, several range of businesses, which use oil derivatives as core inputs like the producers of lubricants, transformer...
by admin@proficient | Jun 20, 2017 @ 3:36 am | Uncategorized | 0 Comments
Iron Seen in Low-$40s by Citi as Supply Grows, Demand Peaks,Please track the stock of Tatasteel and Sail. IIFL: HWIC Asia Fund acquired additional 4.5 lakh shares of the company. Aviation stocks in focus, strong passenger traffic growth seen in may 2017. Spicejet Has...
by admin@proficient | Jun 19, 2017 @ 4:54 am | Uncategorized | 0 Comments
The Market last week took a breather & came down nearly a percent. The primary & intermediate trends continue to remain upward while the short term trend turned down. However, from a sectoral perspective we still find the FMCG index being top performer...
by admin@proficient | Jun 19, 2017 @ 3:38 am | Uncategorized | 0 Comments
Vedanta to set up steel plant in Jharkhand in JV with JSMDC. Bharat Fin assigns 540 cr loans to PSU banks on direct assignment Hotels In Focus: 18% GST rate on tariffs between 2,500-7,500 above that GST will charge @ 28%. So two & three star hotels to be focused....
by admin@proficient | Jun 16, 2017 @ 3:36 am | Uncategorized | 0 Comments
Warburg Pincus affiliate to buy 43% stake in Tata Technologies for $360 million. Warburg Pincus affiliate to buy 30% stake from Tata Motors and entire 13% stake held by Tata Capital. Tata Technologies is a subsidiary of Tata Motors. Rel Com Seeks To Fast-track Sale Of...
by admin@proficient | Jun 15, 2017 @ 3:38 am | Uncategorized | 0 Comments
FOMC ups rate by 25 bps. Government to soon unveil new shipbuilding policy. Traders want sugar to be out of GST ambit , good for Maharashtra sugar Wockhardt Gets Tentative US FDA Nod For Bendamustine Hydrochloride Injectable, Used To Treat Different Types Of Cancer...
by admin@proficient | Jun 14, 2017 @ 3:34 am | Uncategorized | 0 Comments
Greaves Cotton Inks Pact With Pinnacle Engines To Grant License For The Manufacture And Sale Of Internal Combustion Engines. M&M to sell stake in Mahindra Logistics via IPO. MCX: SEBI allows Commodity Derivatives Exchanges to introduce options trading New RBI...
by admin@proficient | Jun 13, 2017 @ 3:38 am | Uncategorized | 0 Comments
India May CPI combined inflation 2.18% versus 2.99% Apr India Apr industrial growth 3.1% versus 6.5% year ago Modi to meet Trump on Jun 26; terror, H-1B visas likely on agenda. Good for IT stocks. TTSL, Aircel , Reliance Jio meet Inter- Ministerial group with their...