Showing posts with label Best Stock Advisory in Indore. Show all posts
Showing posts with label Best Stock Advisory in Indore. Show all posts

Tuesday 7 November 2017

HDFC Life Insurance IPO Opens For Subscription till Nov 9


Money maker Research, Best Stock tips, Stock to watch, Top ten Advisory
HDFC Standard Life Insurance Company (HDFC Life) aims to go public with its IPO, which opened today and will close on 9 November 2017.  HDFC Life issue was subscribed 5% at 11:45 am, as per NSE data.

HDFC Life has expected to garner Rs 8,695.01 crore at the upper end of the price band through its share sale in a 3-day bidding process starting today. The company has set a price band of Rs 275 - 290 for its IPO, in which HDFC will offload 9.52% and Standard Life will do 5.4% each. 


The total number of shares on sale are 29.98 crore with each having a face value of Rs.10. After the IPO, HDFC Life's market cap will range between Rs. 55,247 crore and Rs. 58,260 crore at the lower and upper share price, respectively.  

Saturday 4 November 2017

What to expect in the Market Week Ahead


Money Maker Research, Best Stock tips, Top Stock Advisory, Stock in Focus, Market Next Week
Key benchmark indices recorded stellar gains and hit fresh record highs in the week ended 3 Nov 2017, in effect World Bank report heightened India by a whopping 30 notches at 100 in the World Bank's Ease of Doing Business rankings.

Going ahead, financial results of the Indian companies will continue to be the key factor to dictate market next week. As of result announcement, Century Textile, GIPCO, Gujarat Gas, HUDCO, L&T Infotech, Parag Milk are set to announce their results on Monday 6th Nov 2017.

Cipla Ltd, Alembic Pharma, BHEL, Liberty Shoes are some of the companies that announce their results on Tuesday, 7 Nov 2017. Tata Motors and Aurobindo Pharma, SAIL and Bajaj Electrical will announce their results on Thursday, 9 Nov 2017. Mahindra & Mahindra, Nestle and SBI will announce Q2 results on Friday, 10 Nov 2017 and Coal India and L&T will unveil Q2 results on Saturday, 11 Nov 2017.

On share sale issue, the IPO of footwear maker, Khadim India remains open for bidding from 2 Nov 2017 to Monday, 6 Nov 2017, while the IPO of HDFC Standard Life Insurance Company will remain open for bidding from Tuesday, 7 Nov 2017 to Thursday, 9 Nov 2017.


Meanwhile, the Goods & Services Tax (GST) Council chaired by finance minister Arun Jaitley along with finance ministers of all states will reportedly attend the meeting in Guwahati on Thursday and Friday, 9 & 10 Nov 2017 to consider further changing the liberal quarterly tax filing scheme for Small & Medium Enterprises (SMEs).

Friday 3 November 2017

Reliance Nippon AMC to be listed on NSE on Nov 6

Money Maker Research, Best Stock Advisory, Stock Market trading, top stocks,
The shares of Reliance Nippon AMC will be listed on the National Stock Exchange (NSE) on Monday, Nov 6. The listing ceremony at NSE will be attended by the Reliance group chairman Anil Ambani; Anmol Ambani, ED, Reliance Capital; among other company dignitaries of the company.

The initial offer sale aimed at raising an estimated Rs. 1,542.24 crore, received bids for 3,493 mln shares against the total issue size of 4,28,40,000.

The IPO had opened for subscription from Oct 25- 27, 2017 in a price band of Rs. 247- 252, which was oversubscribed by 81.54 times at the close of the bidding.


The Rs 1,540 crore IPO saw healthy demand in all three investor categories.  The institutional portion was oversubscribed 118 times; HNI segment was oversubscribed by 209.44 times and retail investor portion by five times.

Wednesday 18 October 2017

Wipro gains over 3% after Sept quarter results


Shares of Wipro Ltd today rose by over 3.16% to Rs. 298.65 on BSE after the company reported a 5.8% rise in net profit for the 3 months to September, while at the NSE, shares of Wipro went up by 3.19% to Rs. 299.10.


Wipro’s consolidated net profit in July-Sept at Rs. 2,191.8 crore, or Rs. 4.52 per share, was higher than Rs. 2,070.4 crore, or Rs. 4.28 a share, in the corresponding period a year ago. On a sequential basis, the profit was up 5.5% as per Indian Accounting Standards. The company’s total income fell by about 1.9% to Rs. 14,134.8 crore and its IT services revenue in dollar terms grew by 2.1% on Q-o-Q basis to 2.013 billion dollar in July-Sept, while constant currency sequential growth was 0.3%

Top stocks in spotlight on 18 Oct 2017

Stock Market opened lower on Wednesday against the previous session’s closing. The Sensex and Nifty fell in the morning hours. The Indian rupee strengthened a little bit against the USD. The shares of Wipro Ltd, Kotak Bank and Reliance rose, while the shares of Axis Bank and ICICI Bank fell.

The following stock, among others, will be in spotlight today 18 Oct 2017:- UltraTech Cement, Hindustan Zinc Ltd , Havells India Ltd, Indiabulls Housing Finance Ltd, NIIT Technologies, NOCIL are some of the major companies that are announcing their Q2 results today. 

Wipro Ltd has reported a 5.5% jump in sequential and 6% rise in year-on-year rise in net profit at Rs 2189.50 crore for the Sept quarter. Wipro has given guidance of USD 2014 million to USD 2054 million for December quarter revenue from its IT services business.

ONGC Stocks: State-run Oil & Natural Gas Corpn will invite bids from oilfield service providers to boost up output from some of its ageing fields under a long-term contract.

The two-wheeler maker Bajaj Auto Ltd has posted a 1% decline in net profit to Rs 1123 crore for the Sept quarter, largely on account of flat two-wheeler sales and rising input costs. 

Reliance Industries Ltd has submitted a USD 1.4-billion plan to generate 7 million cubic metres a day of natural gas from KG-D6 deep-sea fields in the Bay of Bengal.


Tuesday 17 October 2017

Agri-commodity Preview: Cardamom falls, crude palm oil rises at MCX


Cardamom prices fell by Rs 18.90 to Rs 1,050.30/kg in futures market on Tuesday as traders scaled down holdings amid sluggish demand at the spot market. The offloading positions by participants despite slow demand in the spot market against sufficient stocks position on higher supplies, is attributed to the plunge in cardamom prices at futures trade.

At the MCX, cardamom for delivery in far-month January next year fell by Rs 18.90, or 1.77%, to Rs 1,050.30/kg, in a business turnover of 1- lot. On the other hand, the spice for delivery in Nov’ moth was trading down by Rs 7.40, or 0.72%, to Rs 1,018  kg, with a trading volume of 50 lots.


Meantime, the prices of Crude palm were on higher side by 0.31 percent to Rs.539.10/ 10 kg in futures trade today, since traders generated fresh positions, aided by pickup in demand at the spot market.  In futures trading at the MCX, crude palm oil for delivery October rushed by Rs 1.70, or 0.31%, to Rs 539.10 /10 kg, in a business turnover of 55 lots. Likewise, the oil for delivery in November jumped by Rs 1.50, or 0.28%, to Rs 535.60 /10 kg in 37 lots.

Top stocks in focus on 17 October 2017


Stock markets have opened lower on Tuesday with a negative bias. The domestic currency also opened lower versus the US dollar. Shares of Asian Paints, TCS, Bharti Airtel, and Axis Bank rose in the morning hours, whereas Tata Motors, Mahindra & Mahindra and Dr Reddy’s Labs fell.

Here is a list of a few major stocks that are likely to be in focus today:- Axis Bank is likely to report muted earnings for Sept quarter because of a rise in provisions. This is in spite of an expected moderation fresh corporate slippages and stellar digit loan growth.

Bajaj Auto - The two-wheeler major is to report mixed set of numbers on Tuesday for the quarter ended Sept 30, 2017. There are expectations that revival in demand from rural markets due to normal monsoons and early festive season will help the industry to post positive growth in Q2FY18.


Wipro Ltd - The Company is set to declare their Sept 2017 quarter results today, 17 October 2017 today.

Monday 9 October 2017

NSE withdraws advance collection of service charges from October


National Stock Exchange (NSE) has decided to stop advance collection of service charges, including transaction fee related to cash market, equity derivatives and currency derivatives segments, from this month.

Moreover, the NSE would not collect in advance annual charges for applications related to connectivity and co-location. The step is effective for all new requests from October 2017, as per NSE circular.


The exchange shall raise appropriate bills on the member at the end of each month for services consumed during that month. However, it said interest-free security deposits and one time charges, if any, applicable, wherever, would be collected in advance.

Tuesday 26 September 2017

D-Mart extends gain; Shares surge 18%

Shares of Avenue Supermarts, which runs D-Mart retail chain, on Tuesday, extended its gains, soaring up by over 18 percent on the Exchanges. The stock caught attention of investors in today as a global investment banker initiated a buy ratings on the stock, as per news.

The stock was trading 17% higher at Rs 1,209 after lunch hours, as against range-bound movement on the Nifty50 index. The trading volumes on the counter spiraled with a combined 1.5 million shares changed hands on both Exchanges. The stock caught a total traded volume of 32,23,017  shares with traded value of Rs  36,466.50 crore on NSE. The stock has gained 256 percent as compared to its issue price of Rs 299 per share.

The Company offers an array of products with a focus on foods, Fast Moving Consumer Goods and general merchandise & apparel product categories.

Saturday 23 September 2017

Central Bank to Conduct the Sale of Govt Securities under OMO

The Reserve Bank of India (RBI) said in a release that it would sell government bonds worth Rs 100 billion through OMO route (Open Market Operations) through multi-security auction using the multiple price method to ease the liquidity situation. The release detailed that – based on the current assessment of prevailing and evolving liquidity conditions, the RBI has decided to conduct the sale of government securities under OMO for an aggregate amount of Rs 100 billion on Thursday, September 28, 2017 through multi-security auction using the multiple price method.

The assessment suggests that the market liquidity strain is likely to remain enduring considering the fiscal targets set for the year and projections for aggregate credit growth.

As part of the open market operations, the RBI will purchase govt securities maturing in 2017 (bearing interest rate of 8.07%), 2019 (7.28%), 2023 (7.16%) and 2027 (8.28%). There is an overall aggregate ceiling of Rs.100 billion for all the securities and there is no security-wise notified amount.

Open market operations (OMO) implies to the buying and selling of govt securities in the open market so as to expand or contract the amount of money in the banking system, facilitated by the central bank of a country.

Wednesday 9 August 2017

Stocks in focus today ahead of Q1 earnings, Trading Strategy with best stock advisory

Today's Market Update, Money Maker Research, Market News, Market Update, Stock News, Top 10 Stocks Advisory in India, Top 10 Stock Advisory in Indore, Stock Advisory in Indore,  BTST Call, free stock tips, intraday cash tips, Investment Advisory, Money Maker Research, Stock tips today, Intraday trading tips, Indian rupee, Indian stock market, best stock advisory company in India, Best Stock Advisory in India, Top Stock Advisory in India, Stock Cash Tips, Best Equity Tips, Nifty Future and Option Tips, Intraday Nifty Tips, Accurate Share Tips, Best Commodity, Top Ten Stock Advisory in India, Indian Stock Market, Best Stock Advisor
These stocks are in focus on Wednesday, 9 August 2017, after earnings release and major announcements:
Tata Chemicals yesterday reported a 14% fall in consolidated net profit at Rs 177.9 crore for the first quarter ended June 30, 2017.
GSK Consumer Health-care has announced 17.6% decline in standalone net profit at Rs. 132.23 cr, for the quarter ended June 30, 2017.
 Jindal Steel & Power Ltd has reported narrowing of its consolidated net loss at Rs 420.4 crore in the three months ended June 30.
The largest Gold financing co, Muthoot Finance Ltd has reported a raise of 305 in net profit at Rs 351 cr, for the first quarter ended June 30, 2017.
Jagran Prakashan, the leading publisher has reported a 5.48% increase in consolidated net profit at Rs 88.70 cr, for the June quarter.
Axis Bank, on 8 Aus 2017 has cut the interest rate on S.B accounts by 50 bps to 3.5% for deposits up to Rs 50 lakh, even if it will continue to pay 4% interest on deposits of above Rs 50 lakh.

Share it