Weekly Report on 05.03.2018

by | 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...

Morning Calls

by | 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...

Weekly Report on 26.02.2018

by | 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...

Morning Calls

by | 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...

Morning Calls

by | 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...