Weekly Report on 09.10.2017
The market staged a spectacular recovery this week but is not out of the woods just as yet. Yes, it closed above previous week’s high of 9960 regions, in fact Nifty future closed past 10000 mark, but the 61.8% Fibonacci retracement levels (of the fall from 10180 to...Morning Calls
ZEE ENT approved Acquisition Of 100% Stake In 9X Media & Subsidiaries For Rs 160 Cr. Jaiprakash Associates: Company to demerge some of its assets to a wholly owned subsidiary along with debt of Rs 11,834 crore. Arrow Greentech received Patent rights from European...Is the Intermarket Relationship Between USDINR & MCX Crude Oil Strong Enough to Design a Trading System?
In this article, we are going to explore a correlation between USDINR & the price of Crude Oil in MCX. In general, when a commodity is quoted in terms of a currency, we can expect an inverse correlation between the pair of assets. For example, since Gold is...MAS Financial Services IPO – Invest through Proficient | Opening 06 Oct to 10 Oct, 2017
Business description from prospectus – MAS Financial Services is a Gujarat-headquartered NBFC with more than two decades of business operations. As of June 30, 2017, it operated across six States and the NCT of Delhi. The business and financing products are...Morning Calls
IDFC & Shriram Group extend exclusivity period to November 8. Future Group has acquired HyperCity chain of hypermarkets from Shoppers StopBSE 2.54 % for Rs 655 crore. Eris Lifesciences acquires UTH Healthcare for Rs 12.85 crore. Crompton Greaves leads race to buy...
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