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Showing posts from April, 2017

Identifying multibagger stocks for SIP

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A mutual fund house selects many stocks from different sectors and multibaggercreates a balanced portfolio. This diversification helps mitigating risk but it also polarizes your funds. Once a sector gets hit, the total fund value comes down. You cannot choose to shift away from these stocks and have to wait till it gets better. It is always wise to select a bunch of stocks yourself and bet regularly. There are more than 7000 stocks in BSE & NSE combined. It is like searching a drop in an ocean, tedious but possible. There are several factors on which a stock is screened before qualifying it as a potential multibagger. Given the technological tools we have today, it is a lot easier than it was a decade back. Before searching for a multibagger we must first decide on our risk capacity. Spend more time on the second question. Make no mistake, I am not asking you to decrease expenses. Just add a little more to your expense each and every time you spend. In other words, tax yourse

Sixteen stocks in focus on Tuesday, 25 April 2017

Domestic Equity markets are likely to open in inexperienced on Tuesday following Nifty futures on the Singapore stock change and firm Asian cues. SGX Nifty used to be trading 21 factors, or 0.23 per cent, up at 9,248, indicating an organization begin for NSE Nifty index. Asian friends grasp Seng, Nikkei and Shanghai have been buying and selling larger by way of 0.86 per cent, 0.80 per cent and 0`.08 per cent, respectively, in morning exchange. Market benchmark BSE Sensex rebounded 291 points on Monday, its biggest single session gain in virtually 6 weeks, to end at a two-week high of 29,656 on certain global cues. here is a checklist of sixteen shares which are more likely to be in center of attention nowadays: Reliance Industries: Consolidated internet revenue of Reliance Industries grew 11.54 per cent to Rs 8,053 crore for the quarter ended March 31, 2017 in opposition to Rs 7,220 crore suggested for the corresponding quarter remaining yr. Indiabulls Housing Finance: m

Rupee records 1st fall in 3 days, slips 5 paise to 64.61

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Breaking its uptrend of two consecutive sessions, the rupee on Friday dipped 5 paise to 64.61 per dollar, due to demand surge for the American currency, and continuous capital outflows. Breaking its uptrend of two consecutive sessions, the rupee on Friday dipped 5 paise to 64.61 per dollar, due to demand surge for the American currency, and continuous capital outflows. Consistent demand for the dollar from the foreign funds predominantly weighed on the rupee. FPI had sold shares worth Rs 168.84 crore on Thursday, as reported by SEBI. RBI governor, Urjit Patel informed the MPC that there is space for banks to trim interest rates while sounding a note of caution on the inflation front over the coming months. The rupee opened substantially weak at 64.65, against the overnight closing value of Rs 64.64 at the Interbank Foreign Exchange Market, and on fresh bouts of dollar demand from importers and corporates. In cross-currency trade, the Rupee advanced further against the

Nifty Future to open at 9176.50, gain of 13 points: Dynamic Levels

Nifty Future is opening at 9176.50 as per SGX Nifty at 8:00 am IST, 13 points above its previous close of 9163, says a report by Dynamic Levels. Dynamic Levels' Market Outlook: Market to take cue from HDFC Bank result to be announced today Indian Market Outlook: The benchmark Index Nifty closed in positive territory after 5 days of continuous negative close. Yesterday, the Index opened at 9108, made a low of 9103 and closed at 9136, after making a high of 9144. Bank Nifty took support of its 2 week low of 21396 and today made low of exactly 21396 and closed at 21491 after making a high of 21559. HDFC Bank will announce its Q4 result today at around 12:30 to 1:00 PM. Small cap Index made a record high of 7322 and closed at 7319, the Index made low of 7222. Nifty Future is opening at 9176.50 as per SGX Nifty at 8:00 am IST, 13 points above its previous close of 9163.

Sensex, Nifty50 begin on a positive notice; ICICI bank slips; RIL, HDFC bank gain

  Benchmark indices opened on an organization word on Thursday in the midst of earnings season, thanks to sure buying and selling in Asian markets -- while crude oil costs tanked 4per cent in in a single day trade on less-than-expected fall in US crude inventories.  At 9.18 am, the BSE Sensex was trading 48 factors, or 0.16per cent, better at 29,384. The index had hit a high of 29,403.63 and low of 29,344.fifty seven in early exchange. Nifty50 rose 0.02 per cent to 9,148.45.  Adani Ports climbed 1.54 % to Rs 330.70. Wipro, HDFC Bank and Infosys added as much as 1.09 %.  Axis financial institution, Tata Motors and Coal India dropped up to 1.1 %. TCS inched 0.22 % lower at Rs 2,303.60. a complete of 15 brokerages have a goal value of Rs 2,490 on the inventory submit the company’s fourth quarter results. personal lenders ICICI Bank and Axis Bank declined 2.49 % and 1.01 per cent, respectively.  Hero MotoCorp, SBI and power Grid  fell as much as 0.6 per cent.  sure Bank crac

Stock News: Metal & mining, capital goods stocks rise

Key benchmark indices once again dipped in negative zone in a quiet mid-morning session of trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 15.97 points or 0.05% at 29,303.13. The Nifty 50 index was down 3.10 points or 0.03% at 9,102.05. Domestic stocks struggled for direction in early trade. Key benchmark indices regained positive zone in morning trade soon after hitting intraday low in negative zone in early trade. Key benchmark indices regained positive zone in morning trade. The BSE Mid-Cap index was up 0.35%. The BSE Small-Cap index was up 0.37%. Both these indices outperformed the Sensex. The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,362 shares rose and 1,074 shares fell. A total of 130 shares were unchanged. Most metal and mining stocks were in demand as copper prices rose in global commodity markets. Vedanta (up 1.21%), JSW Steel (up 2.22%), Tata Steel (up 0.63%), Steel Authority of India (Sail)

Sensex Surges 250 points, Nifty Regains 9,200; metal Shares Lead features

Hindalco was once the top gainer in Nifty followed with the aid of Adani Ports & SEZ, Tata steel and financial institution of Baroda. Indian shares rebounded sharply on Tuesday after three-day consolidation with Sensex surging over 250 points and the Nifty leaping over 70 factors to regain the 9,200 mark. despite mixed global cues, benchmark indices jumped on Tuesday as metallic and vitality shares witnessed buying passion. The steel sub-index of national stock change was up just about 2 per cent led by way of positive aspects in Hindalco and Tata steel, which have been up 4.13 and 2.3 per cent respectively. Analysts expect steel firms to file sturdy earnings growth for the March quarter. instead of metallic, energy, banking, FMCG shares additionally supported positive factors out there. Gruh Finance, which said better-than-estimated salary for the March quarter jumped over eight per cent to Rs. 399.45. TCS, India's largest IT outsourcer, on the way to report its revenu

Gold trades larger on rising geopolitical tensions; may just take a look at Rs 29,700

Gold used to be trading higher in early exchange on Monday after the dollar weakened with buyers going for recent positions in secure-haven assets within the wake of rising geopolitical tensions over North Korea. The yellow metallic used to be buying and selling zero.10 per cent up at Rs 29,438 per 10 gram on the Multi Commodity trade (MCX) at 10.20 am (IST). MCX Silver used to be also trading greater through 0.sixteen per cent at Rs 42639 per 1 kg at around the similar time. On Monday’s motion of valuable metals, Nirmal Bang Commodities said, “Gold costs are expected to test Rs 29,650-seven-hundred. merchants should purchase on dips with a stop loss beneath Rs 29,300. Silver costs are anticipated to witness fresh shopping for if sustains above Rs 426,00.  One could buy with a stop loss beneath Rs 42,300.” SMC investment and Advisors stated, “Bullion counter could extend ultimate week beneficial properties on safe haven demand on rising geopolitical tensions.” SPDR Gold bel

Worst-performing currency in Asia is back in favour Join our daily free Newsletter

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Asia's worst-performing currency is starting to come back into favour.  Malaysian assets are coming back onto the radar for global funds after they fled last November when policy makers clamped down on trading in offshore ringgit forwards to halt a currency slide. Neuberger Berman Group says the ringgit may be among the region's better performers in coming months, while an improving economy has convinced Nikko Asset Management Co to change its view of Malaysian bonds to neutral after earlier cutting holdings. 'The ringgit has a few things going for it now, Prashant Singh, Neuberger's senior portfolio manager for emerging market debt, said in an interview in #Singapore last week. 'If you look at the overall balance of payments, with the increase in commodity prices, the current account has improved. Foreign direct investment in #Malaysia has improved so that has helped. While still expecting the ringgit to weaken along with most Asian currencies against t

A new roughly stock Chart: Chesapeake power company (NYSE:CHK) important Pivot point

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Chesapeake vitality organization (NYSE:CHK) critical Pivot factors as of 2017-04-14 (CHK inventory value as of publication: $5.89) it is a actual time view of the very important technical pivot factors for Chesapeake energy organization (NYSE:CHK) . The technical pivot factors we take a look at all surround the stock worth motion from the closing 10-buying and selling days throughout the last year. listed below are the pivots, starting with the tightest measures of give a boost to and resistance, after which shifting to the quite a lot of moving averages and annual range. There are explosive trends shaping the sector of technology at the moment and the stocks major these trends will also be recognized. tap here to learn about CML's Famed prime Picks. Chesapeake energy organization Pivot factors present value $5.89 Technical make stronger $5.85 Technical Resistance $6.32 52 Week Low $three.fifty six 10-day transferring reasonable $6.12 50-day moving moderate $5.seventy

Sensex down 50 points on weak macro data

The Sensex and Nifty were trading marginally down as investors indulged in cutting down their bets on disappointing macroeconomic data and a weak trend in Asian markets. Moreover, lower-than-expected January-March earnings posted by the country’s second-largest software services company Infosys also dampened the trading sentiment. Shares of Infosys plunged 2.20 per cent to Rs 947.50 in opening trade. At 10.35 a.m., the 30-share BSE index Sensex was down 49.92 points or 0.17 per cent at 29,593.56 and the 50-share NSE index Nifty was down 16.6 points or 0.18 per cent at 9,186.5. Early trade The 30-share barometer was down 73.15 points, or 0.28 per cent, at 29,570.33 with sectoral indices led by metal, IT, technology, capital goods and FMCG trading in the red, falling up to 1 per cent. The gauge had lost 144.87 points in the previous session. On similar lines, the NSE Nifty cracked below the 9,200-level by falling 26.55 points, or 0.28 per cent, to 9,176.90. Brokers said

The merger with Cairn India to help us have a strong balance sheet: Anil Agarwal, Vedanta

Vedanta, says will bring the best of technology, people and the most sustainable and environmentally friendly way of functioning in the business of oil and gas, copper, zinc, iron ore. What can we expect going forward now from this integrated entity- Cairn-Vedanta?  We filed with the ROC, we had board meetings, all the formalities are complete. This was expected. This is a fully diversified, integrated natural resource company out of India. It is very important that in India we produce our own oil and gas, gold, silver, copper, iron ore and this company takes us in that direction. We have almost $500 billion worth imports.  We will bring the best of technology, best of people and the most sustainable and environmentally friendly way of functioning in the business of oil and gas, copper, zinc, iron ore. This merger comes at a time when you have spoken about how you want to be the next Rio Tinto or the BHP Billiton of the world and there is activism against BHP Billiton to spin o

Digitisation changing the face of agri sector

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Visit:  www.wealthitglobal.com Traditionally, agri warehousing industry was looked upon as an asset-heavy model which gave importance to creation of the warehousing space alone without any emphasis to efficient handling, scientific processes and management of the same. Lately, we see a shift in focus with increasing importance being attributed to systems and processes which are making agri logistics purely a services-driven sector. With a sector focused on services and better delivery modules, the players have initiated an integrated model wherein warehousing management, collateral financing and agri financing are provided under one umbrella. This has enabled the delivery of agri financing within hours of approval rather than days or months, as earlier. With the emphasis on better services and innovative delivery models, technology is set to be the key enabler for growth of this sector. There are very few integrated service providers receptive to the fact that technology can

Wealth It Global | Online Share Trading Tips Provider

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Investment in stock and commodity market are subject to market risk.   Wealth It Global  is SEBI registerd company (Registration No. INA00000547) provides you Trading tip calls about the  Indian stock markets  with intense analysis done by our Team of Analysts. We have been providing valuable Tips to our clients through various methods. We have helped lot of retail and HNI client through our tips services to fulfill their financial goals by making their money work for them a better way. We try to follow the trend and ride it using technical analysis rather than predicting customer's needs. To have a reliable presence around the globe by catering service to traders of all trading exchange. To serve as a valuable resource for industry and society; and remain a source of pride. Our Mission Our mission is to identify the basic needs of customer & work for our clients...! To provide an information resource to the business community across the globe. Our Goal Maximize our clien

Do Really Stocks Finally Topping Out?

Stocks remain near their highs. But signs suggest a top, with fewer stocks pulling the load, weak job growth, and turmoil in Washington. Like middle-age spread and male-pattern baldness, a stock market top is something whose precise beginning is hard to spot. Early vigilance can seem like paranoia (“Honey, do I look fat?”), but if it’s really happening, you don’t want to be the last to know. Our stock market surge has stalled since March 1, and even with flaccid job growth in March and a turgid tangle in Washington, the Standard & Poor’s 500 index is just 1.7% from its all-time high. But here are some telling signs to watch. For a start, the squadron of stocks pushing 52-week highs at the New York Stock Exchange has shrunk from 338 on March 1 to 72 late last week, and the advance increasingly is led by a few big names. Investors love Facebook (ticker: FB), Amazon.com (AMZN), and Netflix (NFLX) for good reason—the lively stock charts, the promise of not just growth but badass

Approval Of The Board By Circulation Issuance Of Equity Share Capital

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Approval Of The Board By Circulation Issuance Of Equity Share Capital To Government Of India Proposed Plan For Raising Capital During 2017-18 Bank has on 31/03/2017 received infusion of  Rs.  1500 crore from the Government of India, in the form of Common Equity Tier-1 Capital, which is being kept as share application money and would be allotted after following due procedure / conditions for allotment. The infusion is in terms of the Ministry of Finance, Department of Financial Services, Government of India, Communication no. F No. F/38/2014-BOA dated 16/03/2017. 2. The Bank is also seeking approval, by circulation, from the Board for a plan to raise capital during 2017-18.