Thursday, 29 August 2019

Gold prices tick up on recession fears, trade uncertainty

On Wednesday, the bullion ended lower but remained around its over six-year peak of $1,554.56 hit on Monday.   Gold prices eked out gains on Thursday against the backdrop of recession fears, with traders tracking signs of progress on the US-China trade talks and global central banks for...

Stock picks of the day: Nifty to end August expiry between 10,800 and 11,200

A breakout on either side of the band will give a clear indication of the further trend.    The Nifty witnessed a V-shaped reversal rally but the gains were capped at 11,150 levels on August 28. On the lower side, as per the change of polarity principle, the short-term moving average --...

Are bond markets exaggerating the risk of recession?

To give due credit to prognosis of the bond markets, it is important to note that US yield curve over the several decades has inverted on most of the occasions ahead of a US recession.    There has been an unprecedented dash for safe-haven assets given the widespread global concern...

Govt relaxes FDI norms: 100% FDI in coal mining, contract manufacturing; 26% in digital media

The government has also relaxed FDI rules for single brand retail and expanded definition of 30 percent domestic sourcing.   The government on August 28 announced that it has approved 100 percent Foreign Direct Investment (FDI) through the automatic route in coal mining, its sale and all...

Saturday, 24 August 2019

Nifty likely to open with a gap of more than 100 points on Monday after FM booster shot

The finance minister unveiled measures to boost or improve investor and business sentiment.    The Nifty50 which closed with losses of about 2 percent for the week ended August 23 could see a strong opening when the market will resume trading on August 26 after Finance Minister Nirmala...

Watch out! Top 10 stocks brokerages downgraded post June quarter

Of 114 companies it covers, 36 percent of companies' earnings were below expectations, 15 percent were in-line and 49 percent were above estimates.      After a muted June quarter, analysts expect September quarter to be uneventful as well with most brokerages slashing the EPS...

Current market weakness not similar to 2002-2003 crisis; bet on these 4 consumption stocks

FII's outflow, slower domestic growth, weaker rupee, fiscal deficit are major concerns that should be addressed soon.   The 2002-2003 crisis in the US affected all global indices. Current economic environment is not that devastating as compared to that bear market. In the current scenario,...

FM withdraws surcharge on FPIs and domestic investors: Analysts feel market set for strong run

With Finance Minister Nirmala Sitharaman announcing withdrawal of surcharge on foreign portfolio investors, analysts are confident that this will provide the market with a much-needed boost. Withdrawal of enhanced surcharge on FPI is a big positive for Indian markets as it could reverse the outflows...

Friday, 23 August 2019

Our Bajaj Finance 3150 CE call Skyrocketed........Profit of Rs on 10000 on 1 Lot

Today We had given a call to Buy Bajaj Finance 3150 CE  ( Fut-29 Aug ) premium around 50--45 for the target of  65--85 Look at the call as Today it made a High 104 and now closed around 82 Patience wins the trade....... We Booked Part  Profit Today around 85 even...