Category: Uncategorized

1. Result Season continues! A slew of companies would be coming out with their results. Companies making up almost 26% weightage in Nifty will come out with their quarterly numbers. Prominent names being - Maruti, ITC, Bajaj finance, Titan, Axis Bank, L&T etc. It would definitely be an exciting week for the markets. 2. US [...]

News Bulletin ▫️ Vodafone Idea accepted 4 year moratorium on spectrum payments, previously offered by the government. ▫️ Singapore arbitration tribunal rejected Future Retail's plea against Amazon. (This may be negative development for Future Retail and RIL deal). ▫️NTPC threatens to end pact with Tata Power over delays for a 320MW solar project in Rajasthan. [...]

▫️ During the month of September, India's trade deficit touched record high of $22.6BN due to 84.8% jump in imports, partly offset by 22.6% rise in exports. ▫️ Power plants are getting coal on priority, while other industries are suffering due to coal shortage. ▫️ Wholesale price inflation dropped to 6 month low of 10.66% [...]

Market Update▫️Indian markets rallied yesterday in line with the global markets on the back of ease in energy prices and progress over relaxation of US government debt ceiling.▫️ Sensex and Nifty climbed to 59,678 (+0.82%) and 17,790 (+0.82%).▫️Today market will watch out for RBI's key policy decision on interest rates.▫️Market breadth was positive with 1287 [...]

News Bulletin▫️ Cabinet approved scheme to provide ₹4,445 crores capital support to setup mega textile parks.▫️ Govt. raised FDI Limit in telecom sector to 100%.▫️ Government is considering to allow 20% FDI in LIC IPO.▫️Zee limited asked for time from NCLAT to respond to EGM issue.▫️ Moody's revised the outlook for 18 Indian companies (including [...]

Below are the key events that market participants should watch out for in this week: 1. Trade deficit data (Preliminary) - India's trade deficit stood lower at $13.81 billion in August from a preliminary estimate of $13.87 billion. The trade data is set to release tomorrow. 2. Markit Services PMI - The IHS Markit India [...]

News Bulletin ▫️Foreign tourists may be allowed soon. Govt may provide free visa to lure tourists (+ve travel companies) ▫️ Vodafone Idea claimed record high speed of 3.5GB/second in 5G trials ▫️Shapoorji Pallonji to sell their controlling stake in consumer durable company Eureka Forbed foe ₹4,500 crores. ▫️Auto Sector to create 1 lakh additional jobs [...]

▫️RIL, Adani Group and Tata Power bid for solar equipment manufacturing PLI scheme.▫️ GST of 5% now levied on food delivery services offered by Swiggy and Zomato.▫️ Serum Institute of India (largest vaccine manufacturer) will buy 15% stake of Biocon's subsidiary: Biocon Biologics.▫️Indian government bonds may soon be part of global indices.▫️ Strong buying by [...]

Below are the key events that market participants should watch out for in this week: 1. FED Policy meet: Without a doubt, the most important event that will be keenly watched across the globe as it could give further clue on the tapering plans of Federal Reserve regarding its monthly asset purchases. The outcome will [...]