by admin@proficient | Mar 27, 2018 @ 11:46 am | Uncategorized | 0 Comments
Nifty (CMP: 10130) Nifty finally dipped below its 200 day average and stayed there for four consecutive sessions, before pulling back on Monday. This pull back is continuing on Tuesday morning as well & presents a good selling opportunity. This sell signal is a...
by admin@proficient | Mar 27, 2018 @ 8:47 am | Uncategorized | 0 Comments
Government set H1FY19 borrowing target at 5.5 lk Cr Vs budgeted Rs 6.05 lk Cr. #PSU Bank mainly #SBI will be on focus. India Considers Joint Venture Between Largest Power Producer, Financiers To Buy Stressed Plants. Focus on #PFC #REC Punj Lloyd gets order worth...
by admin@proficient | Mar 26, 2018 @ 9:12 am | Uncategorized | 0 Comments
Stock Trading vs. Investing: The Difference Stock trading refers to the buying and selling of stocks with the aim of short-term profit, having a focus on share prices. Investing refers to the buying of stocks with the aim of long-term gains. Trading vs. Investing A...
by admin@proficient | Mar 26, 2018 @ 8:50 am | Uncategorized | 0 Comments
Indiabulls Real Estate signed pact with Blackstone to divest 50 percent stake in assets at an enterprise value of Rs 9500 crore. Tata Power signed pact with Tata Sons to sell 40 percent stake in Panatone Finvest for Rs 1,542.61 crore. CIPLA launches authorized generic...
by admin@proficient | Mar 23, 2018 @ 1:07 pm | Uncategorized | 0 Comments
Risk Management in Trading A very important and often neglected step for the success of any active trade is the management of risk. The hard earned profits of the trader could at the end of the day be lost due to the mismanagement of risks in the trade. Risk...
by admin@proficient | Mar 22, 2018 @ 8:49 am | Uncategorized | 0 Comments
U.S. FEDERAL RESERVE: Hikes Interest Rates By 25 Bps To 1.50-1.75%. Crude oil future near $66 positive for Oil Exploration Company. Negative for #Aviation #Tyre #Paint Sunpharma gets USFDA approval for Plaque Psoriasis Drug Ilumya. Tata Motors selected L1 supplier in...
by admin@proficient | Mar 21, 2018 @ 9:49 am | Uncategorized | 0 Comments
Technical analysis takes into assumption that the price of a security reflects the information that is available publicly. It concentrates on the statistics of the market and the price movements. Technical analysis aims to get a clear understanding of the “market...
by admin@proficient | Mar 21, 2018 @ 8:52 am | Uncategorized | 0 Comments
Ashoka Buildcon declared lowest bidder for two projects worth Rs 447.51 crore. Transport Corporation of India acquired one ship with capacity of 26,262 DWT for Rs 48.80 crore. ICRA said in a report, Basmati rice exports may cross Rs 26,000-cr-mark this fiscal. Stocks...
by admin@proficient | Mar 20, 2018 @ 1:08 pm | Uncategorized | 0 Comments
In terms of stock, fundamental analysis deals with the determination of a security’s value and the factors that have a direct influence over the company’s business and also its future plans are mainly concentrated upon. Fundamental analysis could also be performed...
by admin@proficient | Mar 20, 2018 @ 8:56 am | Uncategorized | 0 Comments
Nifty (CMP: 10094) Nifty on Monday dipped below its 200 Day Moving Average at 10160 regions after a good long year, which officially ended the bull market. Although after a strong primary uptrend of nearly 2 years, this kind of corrections are perfectly natural, yet...
by admin@proficient | Mar 20, 2018 @ 8:48 am | Uncategorized | 0 Comments
Indian airlines registered a more than 24% increase in passenger traffic in February compared with a year earlier. Granules Ltd Approval received from US FDA for Abbreviated New Drug Application (ANDA) Gets approval for a diabetes drug Glucophage XR tablets generic....
by admin@proficient | Mar 19, 2018 @ 8:49 am | Uncategorized | 0 Comments
Cadila Health received final approval from the U.S. FDA for omeprazole and sodium bicarbonate capsules. Thermax won order worth Rs 503 crore for co-generation plants In Haryana and Punjab. ED to hand over Nirav Modi, Vijay Mallya properties to NBCC. Anti-dumping duty...
by admin@proficient | Mar 16, 2018 @ 8:49 am | Uncategorized | 0 Comments
Aurobindo Pharma Gets US FDA Nod For HIV Drug, Abacavir Sulfate Solution. Future Consumer Signs 50:50 joint venture pact with Bin Ablan Group. Puravankara unit to invest Rs 500 crore for Goa Housing Project. PFC said that Rs 17,000 crore or about 6 percent of loans of...
by admin@proficient | Mar 15, 2018 @ 5:39 pm | Uncategorized | 0 Comments
Incorporated in 1963, Hindustan Aeronautics Limited (HAL) is Bengaluru based Defence Public Sector Undertakings (DPSU) company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft,...
by admin@proficient | Mar 15, 2018 @ 12:49 pm | Uncategorized | 0 Comments
Incorporated in 2007, Karda Constriction Limited is engaged in construction business. They are a real estate development company which develops and sells residential and residential-cum-office projects in Nashik, India. Company has successfully completed and delivered...
by admin@proficient | Mar 14, 2018 @ 3:42 pm | Uncategorized | 0 Comments
Incorporated in 2014, Bandhan Bank Limited is Kolkata, West Bengal based commercial bank focused on micro banking and general banking services. Bandhan Bank has a license to provide banking services pan-India across customer segments. Bank offer a variety of asset and...
by admin@proficient | Mar 14, 2018 @ 8:49 am | Uncategorized | 0 Comments
RBI discontinues issuance of LoUs/LoCs for trade credits on imports by AD Category-I banks. #YesBank acquired 17.31 percent stake of Fortis Healthcare pursuant to invocation of pledge. IHH to make voluntary open offer for Fortis to buy non promoter shares. Future...
by admin@proficient | Mar 13, 2018 @ 9:02 am | Uncategorized | 0 Comments
Within a general intermediate downtrend, Nifty pulled back on Monday. However, the market breadth remained poor & resistance looms at 10460 till 10480 regions. Primary uptrend will be resumed only above 10700. In a generally declining market, IT stocks are...
by admin@proficient | Mar 13, 2018 @ 8:51 am | Uncategorized | 0 Comments
Tata Sons plans to raise Rs 8,000 cr by selling shares in Tata Consultancy Services, 28.3 mn shares (1.48%) at Rs 2,872-2,925 per share. Tata Sons will hold a little over 72% in TCS post the transaction. Stock could be down today. Reliance Infra JV is lowest bidder...
by admin@proficient | Mar 12, 2018 @ 8:48 am | Uncategorized | 0 Comments
Tata Motors’ group global wholesales up 18 percent YoY to 1.21 lakh units in February. ITC: GST Council meet concludes. No mention of increase in Cigarette cess. Wilmar Sugar to make an open offer to acquire additional 49.8 crore shares, representing 26 percent equity...
by admin@proficient | Mar 9, 2018 @ 8:51 am | Uncategorized | 0 Comments
Prestige Estates: Realty firm Prestige Group today said it has entered into an agreement to acquire 80 per cent stake in Sterling Urban Infraprojects, which holds land parcels in Bengaluru, for a cash consideration of Rs 336 crore. Filatex India: The company has...
by admin@proficient | Mar 8, 2018 @ 8:50 am | Uncategorized | 0 Comments
Telecom companies: Cabinet approves restructuring of deferred payment liabilities of telecom operators and raises spectrum limits. Focus on #IDEA #BHARTIARTL Pidilite Industries partners with Germany’s Jowat SE for sale and distribution of Jowat adhesives in India and...
by admin@proficient | Mar 7, 2018 @ 8:47 am | Uncategorized | 0 Comments
ITC – FMCG major ITC said its Aashirvaad atta has become a Rs 4,000-crore brand in the wheat flour market, with around 28 per cent share in the branded segment. Ashoka Buildcon unit declared L1 for three road contracts worth Rs 2,991.70 crore in Karnataka....
by admin@proficient | Mar 6, 2018 @ 8:49 am | Uncategorized | 0 Comments
Sun Pharma: Co’s Halol plant – 3 observations from USFDA. Observations doesn’t look that serious — plant should not find difficulty in getting clearance. JSW Energy acquires JSW Electric Vehicles. Ramco Cements to acquire clinker grinding unit from Ramco...
by admin@proficient | Mar 5, 2018 @ 8:49 am | Uncategorized | 0 Comments
Dilip Buildcon received Letter of Award by NHAI for two new hybrid annuity projects in Karnataka worth Rs 4,473 crore. Laurus Labs said that the U.S.FDA completed inspection of its Unit 2 with zero observations under Form 483, and received maiden approval from the...
by admin@proficient | Mar 5, 2018 @ 8:37 am | Uncategorized | 0 Comments
The broader index saw a miniscule loss of 32 points on weekly basis in a truncated trading week of 4 sessions. Quite visibly, Nifty is trapped within a choppy range between 10640 & 10270 for past several weeks and a decisive breakout in either direction will...
by admin@proficient | Feb 28, 2018 @ 8:48 am | Uncategorized | 0 Comments
The finance ministry directed public sector banks to examine all bad loan accounts exceeding Rs 50 Cr for possible fraud. Bharat Forge completed stake sale in power equipment joint venture with GE. Cipla ties up with Roche to promote & distribute 2 cancer drugs...
by admin@proficient | Feb 26, 2018 @ 2:07 pm | Uncategorized | 0 Comments
Nifty on weekly basis closed 0.36% higher, thanks to the late-afternoon buying on Friday. However, the possibility of intermediate term weakness to return still looms large & the market is not out of the woods as yet. However, in the short term, it is oversold...
by admin@proficient | Feb 26, 2018 @ 8:55 am | Uncategorized | 0 Comments
Sterlite Tech bags Rs 3,500 cr advance purchase order from Indian Navy. Welspun Enterprise: lowest bidder for road project at Rs 1,536 cr bid price. Sakuma Exports submits an EoI to acquire Ruchi Soya. Purvankara in talk to set up two Invest Platforms, totaling Rs...
by admin@proficient | Feb 23, 2018 @ 8:50 am | Uncategorized | 0 Comments
Federal Bank to buy strategic minority stake of 26% in Equirus Capital Genus Paper & Boards signed two MOUs for setting up Kraft Paper manufacturing plant. Dilip Buildcon bagged engineering, procurement, and construction project worth Rs 157 crore from Karnataka...
