Archive for April, 2019
04/30/2019
By V K Vijayakumar The April 4 th monetary policy meet will be the last policy meet before the crucial general elections. Even though the monetary authority need not bother about elections, the political economy is too significant to ignore. It is important to have a favorable investment climate before the new government takes charge.
04/30/2019
The automotive industry has seen major advancements as the world of smart technology is shifting towards battery-operated vehicles. The automotive industry, which produces over 60 million cars and trucks annually around the world, is currently undergoing a paradigm shift, attempting to make a quick transition to alternative energy sources. India is also in the same
04/30/2019
Rakesh Jhunjhunwala has earned a mark-to-market profit of Rs 50 crore in eight days on his share purchase of Zee Entertainment Enterprises Ltd. Last week, amid Zee Entertainment Enterprises boardroom tussle, Rakesh Jhunjhunwalas Rare Enterprises bought 50 lakh shares of ZEEL at Rs 220.44 per share in bulk deals. Today, ZEEL stock surged to a
04/30/2019
Reliance Industries Oct RIL GRM strength is likely to sustain until Mar Strong vaccination campaign that means no or muted third Covid wave may see retail Ebitda at a new high in Q4FY22e. Valuing retail and O2C on FY24e Ebitda leads to upgrade in TP by 24% to Rs 2,510. Retain Hold. Q2 up on
04/30/2019
Amit Gupta The Stock Market of a country is generally a reflection of how its economy has been performing over time. It may be impacted by sentiments and demand\/supply factors in the short term, however in the long run it is driven by fundamental factors underlying the sectors and the companies making up the stock
04/30/2019
Asian shares dropped and the safe-haven dollar held firm on Tuesday, as a global energy crunch fuelled inflation fears, clouding investor sentiment before the U.S. corporate earnings season. MSCIs broadest index of Asia-Pacific shares outside Japan was down 0.9% in early trade, after U.S. stocks ended the previous session with mild losses. U.S. stock futures,
04/30/2019
CreditAccess Grameen on Thursday said its consolidated disbursements reached pre-Covid levels of Rs 1,505 crore in November, increasing the overall loan book size by 18% on a year-on-year basis to Rs 14,071 crore. The microfinance lender had reported its October disbursements at Rs 1,371 crore. The trend of rising disbursements is in line with the
04/30/2019
Leading stock exchange NSE on Monday said it has completed the delivery of 24.5 kg gold (100 gram) bars in its gold mini options contract. The delivery was executed between East India Securities Ltd and Senco Gold Ltd, the exchange said in a statement. As another step towards market development, NSE also aligned its gold
04/30/2019
Nifty futures tumbled over half a per cent or 108.50 points to 17,971.50 on Singaporean Exchange, suggesting a sell-off in BSE Sensex and Nifty 50 on Wednesday. Investors will closely watch the Paytm IPO, which closes for subscription today, and the listing of Nykaa IPO shares. Moreover, Latent View Analytics, a data analytics firm, will
04/30/2019
As the end of the financial year approaches, people start worrying about their income tax liability and start exploring ways and means to minimise such liability through expenses or savings provided as Most, however, end up either paying up more taxes due to ignorance or wrong advice by incompetent intermediaries or buy such plans of
