KPIT Technologies tanks 20% on weak Q4 results @ Stocks Investmnet Ideas By Moneymaker Research PVT. LTD

 Shares of KPIT Technologies is locked in lower circuit of 20% at Rs 124, also its 52-week low on the NSE, after reporting a 23% quarter on quarter decline in its consolidated net profit at Rs 50.31 crore for the quarter ended March 2015 (Q4). The IT consulting & services firm had profit of Rs 65.33 crore in December 2014 quarter.Net revenues declined by 2.2% at Rs 762 crore on sequential basis. EBITDA margins stood at 5.26% against 13.84% in previous quarter.

Investment Ideas By Moneymaker Expert

@ Sell VAKRANGEE LTD below 109 targets 112 stop loss 101.

@ Buy AMTEK INDIA above 103 targets 106 stop loss 102.  

(RBI) reviewed its monetary policy stance || Daily News Updates by Moneymaker Research

For the second time in a row, the markets have lost ground after the Reserve Bank of India (RBI) reviewed its monetary policy stance. The benchmark indices - the S&P BSE Sensex and the CNX Nifty - lost 0.7% each at 1250PM at 28,324 and 8,603 levels.

Nifty April 2015 futures closed at 8711.30 on Tuesday at a premium of 51.00 points over spot closing of 8660.30, while Nifty May 2015 futures ended at 8761.05 at a premium of 100.75 points over spot closing. Nifty April futures saw a contraction of 0.04 million (mn) units, taking the total outstanding open interest (OI) to 18.55 million (mn) units.

Highest open interest has been seen in 8800 and 8700 strike price for call option and in 8500 and 8600 strike price for put option.  

Agri NCDEX Commodity Trading Updates By Moneymaker Research

Turmeric futures are expected to trade on a positive note on the back of buying from the lower levels. Fresh export demand might support the futures prices to move higher. As per market sources, traders are receiving good orders from upcountry buyers.

Mentha Oil:  There is no major domestic demand and export cues are being notice. The demand from Asian countries is too weak, which is largely supported the decline in export demand. Alongside this, the change in arrivals pattern is further weighing on market sentiments. Based on the market sentiments, we came to know that 60-65% of sowing has been completed as far. The percentage is likely to increase in the coming days.