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Showing posts from January, 2019

Accumulate HCL Technologies; target of Rs 1170: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on HCL Technologies with a target price of Rs 1170 in its research report dated January 29, 2019. Prabhudas Lilladher's research report on HCL Technologies HCL Tech Q3FY19 results were solid with a strong beat on revenues and inline PAT. Led by Strong revenue beat in Q4, we now model HCL tech’s USD revenue growth assumptions to 9.8/10.2/10.3% for FY19/20/21E (vs 8.9/9.5/10.3%). Our USD/INR assumptions are at 70/72/72.5 for FY19/20/21E. We upgrade our EPS estimates by 0.8/1.9/5.5% to Rs75/84/95 for FY19/20/21E. Outlook HCL Tech currently trades at 11.7x FY20E EPS and 11x Sep20E EPS. We revise our TP by 6% to Rs1170/sh (13x Sep20E EPS). For more trading tips find  top 10 stock advisory company Indore

Quick Take | Aluminium prices soften as US sanctions won’t bite Rusal

The move could affect Indian aluminium companies A big overhang on aluminum has been lifted but has left prices trending lower. That could worry investors in Indian producers of the white metal. But a clearer picture will emerge in the following months and quarters, once there is clarity on other issues such as US-China trade talks. For more Stock market information On January 28, three-month aluminum futures on the London Metal Exchange declined by 2.7%, said Reuters. This was after the United States lifted sanctions on UC Rusal and its parent company EN+. The move came after these companies were able to show that Rusal’s main shareholder Oleg Deripaska had lowered his stake in these companies and relinquished control. The decision means Rusal’s position in the global aluminium supply chain, which had come under threat after the imposition of sanctions in April 2018, will be restored. The LME said its members can freely enter into contracts with Rusal and its entiti

Equitas Holdings falls 2% as board to consider scheme of arrangement on Feb 1

A board meeting is scheduled for February 01, 2019 to consider a composite scheme of arrangement. Shares of Equitas Holdings shed 2 percent intraday Tuesday as company board is going to consider a scheme of arrangement for a listing of Equitas Small Finance Bank. It has touched an intraday high of Rs 123.15 and an intraday low of Rs 114.40. A draft composite scheme of arrangement to be entered between Equitas Holdings , Equitas Small Finance Bank and their respective shareholders is being placed for consideration of the board in its meeting scheduled on February 01, 2019. At 12:06 hrs Equitas Holdings was quoting at Rs 115.25, down Rs 1.60, or 1.37 percent on the BSE. The share touched its 52-week high Rs 173.40 and 52-week low Rs 78.00 on 18 May 2018 and 26 October 2018, respectively. Currently, it is trading 33.54 percent below its 52-week high and 47.76 percent above its 52-week low. For more trading tips find  top 10 stock advisory company

Share Market: बाजार को नही भाए कंपनियों के नतीजे, सेंसेक्स में 368 अंकों की गिरावट

कंपनियों के खराब तिमाही नतीजों के कारण सोमवार को बाजार में छाई बिकवाली से बंबई स्टॉक एक्सचेंज का बीएसई 368 अंकों की बड़ी गिरावट के साथ 35656 अंकों पर बंद हुआ। सुबह हरे निशान में शुरुआत के बाद जैसे-जैसे कंपनियों के तिमाही नतीजे आने शुरु हुए, वैसे ही बीएसई में गिरावट का दौर शुरू हो गया। शुरुआती की बढ़त को छोड़ दें तो बाजार सेंसेक्स में दिनभर लाल निशान में कारोबार चला और अंत में 1.02 फीसदी की गिरावट के साथ बंद हुआ।  बीएसई मिडकैप 270 और स्मॉलकैप 278 अंकों की गिरावट के साथ लाल निशान में बंद हुए। आईटी और टेक को छोड़कर सभी सेक्टोरियल इंडेक्स लाल निशान के साथ गिरावट में बंद हुए। 10,700 से नीचे आया निफ्टी नेशनल स्टॉक एक्सचेंज का एनएसई भी बिकवाली के कारण फिसल गया और 119 अंकों की गिरावट के साथ 10,700 अंकों के स्तर से गिरकर 10,661 अंकों पर बंद हुआ। 50 शेयरों के संवेदी सूचकांक निफ्टी में 14 शेयर हरे और 36 शेयर लाल निशान में बंद हुए। सेक्टोरियल इंडेक्स की बात की जाए तो निफ्टी में आईटी और मीडिया को छोड़कर सभी सेक्टर लाल निशान में बंद रहे।  इन शेयरों में रही तेजी बीएसई में जी एंटरट

Rupee gains 21 paise in early trade to 70.96 per US dollar; 10-year govt bond yields up

Rupee vs US dollar:  The Indian rupee today opened at 70.96 per US dollar, up 21 paise from the previous close, data available with the Bloomberg website showed. Market Tips and recommendations Follow  Marketcaptains Rupee vs US dollar:  The Indian rupee gained as much as 21 paise in the early morning trade on Monday to 70.96 per US dollar from the previous close of 71.17 per US dollar. The domestic currency today opened at 70.96 per US dollar, up 21 paise from the previous close, data available with the Bloomberg website showed. At 9:30 AM (IST), the domestic currency was trading at 71.07 per US dollar, up 9 paise from the previous close of 71.17 per US dollar, after touching an intraday low of 71.08 per US dollar and an intraday high of 70.96 per US dollar, data showed. On Friday, the rupee fell by 10 paise to close at 71.17 amid rising demand for the US currency from exporters and heavy selling in domestic equities. In debt markets, the yields on the 10

Copper futures up on global cues

At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 3.05, or 0.74 percent, at Rs 419.85 per kg in a business turnover of 852 lots. Market Tips and recommendations Follow  Marketcaptains Copper futures traded 0.74 percent higher to quote at Rs 419.85 per kg Friday as traders enlarged their bets, taking positive cues from global markets. At the Multi Commodity Exchange, copper for delivery in February traded higher by Rs 3.05, or 0.74 percent, at Rs 419.85 per kg in a business turnover of 852 lots. Similarly, copper for April contracts were trading higher by Rs 2.60, or 0.62 percent, at Rs 423.90 per kg in a business turnover of 97 lots. Marketmen said the rise in copper prices at futures trade was mostly supported by a firming trend at the London Metal Exchange (LME) after a forecast of a drop in output in 2019. Globally, at the LME three-month copper had inched up 0.3 percent to USD 5,939.50 per tonne, after clos

Gold futures fall 0.20% on weak global cues

In futures trading at the Multi Commodity Exchange, gold for delivery in far-month April was trading lower by Rs 63, or 0.20 percent, to Rs 32,185 per ten grams in a business turnover of 105 lots. Taking weak cues from global markets, gold prices fell by 0.20 percent in futures trade on Thursday as speculators engaged in reducing their holdings. In futures trading at the Multi Commodity Exchange, gold for delivery in far-month April was trading lower by Rs 63, or 0.20 percent, to Rs 32,185 per ten grams in a business turnover of 105 lots. In a similar fashion, the February contract of gold fell by Rs 50, or 0.16 percent, to Rs 32,090 per 10 grams in a business volume of 668 lots. Analysts said offloading of positions by participants, tracking a weak trend overseas, led to the fall in gold prices at futures trade here. Gold prices fell 0.09 percent to $1,282.10 an ounce in New York. For more trading tips find Best top 10 advisory company in Indore 

Silver futures marginally up by Rs 7

At the Multi Commodity Exchange, silver for delivery in March was trading higher by Rs 7, or 0.02 percent, at Rs 39,205 per kg in a business turnover of 871 lots. For more  Stock market   information Silver prices were marginally up by Rs 7 to Rs 39,205 per kg in futures trade Monday after participants raised their bets even as the white metal held steady overseas. At the Multi Commodity Exchange, silver for delivery in March was trading higher by Rs 7, or 0.02 percent, at Rs 39,205 per kg in a business turnover of 871 lots. Analysts attributed the rise in silver prices in futures trade to raising of bets by participants. Globally, silver was steady at USD 15.33 an ounce in Singapore Monday. Do something different, now what? You can find  Best Stock Market Advisory in Indore  for daily share market recommendations.

शेयर मार्केट का 'महागुरू' बनने के लिए यहां से लीजिए टिप्स

स्टॉक मार्केट में अनुमान लगाना बहुत कठिन काम होता है। सबसे पहले आप ये बात दिमाग में बैठा लीजिए कि दूर से देखकर आप शेयर मार्केट के एक्सपर्ट बन सकते हैं। जाहिर है इसके लिए आपको मौलिक और तकनीकी रूप से बहुत मज़बूत होना आवश्यक होता है।  यद्यपि आप इस क्षेत्र में बहुत मज़बूत होंगे परन्तु हमेशा यह आवश्यक नहीं है कि आपने इस क्षेत्र में जो सैद्धांतिक तरीके से सीखा है वही व्यावहारिक तौर पर भी लागू हो। इसके लिए आपको स्टॉक मार्केट में गोता लगाना पड़ेगा और पैसों का निवेश करना होगा ताकि आप इससे परिचित हो जाएं। इसे सीखने का सबसे अच्छा तरीका है कि इसे वर्चुअल ट्रेडिंग प्लेटफॉर्म पर सीखा जाए जहाँ आपको मेहनत से कमाए गए अपने पैसों से संबंधित जोखिम नहीं उठाना पड़ता और आपको अनुभव भी मिल जाता है। For more   Stock market  information कई ऐसे प्लेटफ़ॉर्म हैं जो वर्चुअल स्टॉक ट्रेडिंग की सुविधा प्रदान करते हैं परन्तु कुछ साइट्स ऐसी हैं जो बहुत अधिक प्रचलित हैं। इनके बारे में नीचे बताया गया है: ट्रैक इन्वेस्ट (Trakinvest)  अभी तक की सभी साइट्स में ये सबसे अच्छी ट्रेडिंग साइट है। कोई भी सदस्य इस प्लेटफ़ॉ

Wipro, Mindtree, Tech Mahindra, Tata Elxsi, NIIT Tech to get astrological support

Wipro, Mindtree, Tech Mahindra, Tata Elxsi and NIIT Tech will get astrological support, says Satish Gupta of astrostocktips. Weekly planetary position: Moon will be transiting in Taurus. Mars in Pisces, Lord Jupiter, and Venus in Scorpio, Lord Saturn, and Mercury in Sagittarius. Ketu and Sun in Capricorn. Lord Rahu in Cancer.  Pluto in Sagittarius. Neptune in Aquarius and Uranus in Pisces. For more trading tips find  top 10 stock advisory company Indore Following sectors will be getting astrological support: Technology : Wipro, Mindtree, Tech Mahindra, Tata Elxsi, NIIT Tech, etc With the commencement of new Samvat (Hindu New Year), astrologically, based on planetary position, certain new sectors start getting strong astrological support and start outperforming, while some others sectors which were performing earlier start underperforming. Some sectors/stock remain laggard. Based on our experience of over 20 years as a financial astrologer, stocks of astrological supp

'Dabur, Axis Bank among 5 stocks that could return up to 15% in a month'

On the upside, the index has resistance zone in the region of 10840-10870 levels. But, crossing above 11000 levels on a sustainable basis will confirm the uptrend. For the last four weeks, Nifty is witnessing narrowing of trading range forming a short-term symmetrical triangle pattern and it has also completed 5-wave structure. For more   Stock market  information Thus, we expect a breakout soon. On the downside, if the index starts to trade below 10,692 then we expect the decline towards 10,628. Going below 10,628 would confirm a breakdown and the index can see decline towards 10,425. On the upside, the index has resistance zone in 10,840-10,870 bracket. But, crossing above 11,000 sustainably will confirm the uptrend. In Nifty options, maximum open interest for Puts is seen at strike price 10,500 followed by 10,000; whereas for Calls it is seen at strike price 11,000 followed by 10,900. A further rise in VIX above 17 will be negative for the market. It needs to sust

Titan Company Q3 PAT seen up 34.3% YoY to Rs. 413.8 cr:

Net Sales are expected to increase by 28.6 percent Y-o-Y (up 20.7 percent Q-o-Q) to Rs. 5,318 crore, according to Prabhudas Lilladher. Do something different, now what? You can find  Best Stock Market Advisory in Indore  for daily share market recommendations. Prabhudas Lilladher  has come out with its third quarter (October-December’ 18) earnings estimates for the  Consumer sector . The brokerage house expects Titan Company  to report net profit at Rs. 413.8 crores up 34.3% year-on-year (up 20.5% quarter-on-quarter). Net Sales are expected to increase by 28.6 percent Y-o-Y (up 20.7 percent Q-o-Q) to Rs. 5,318 crore, according to Prabhudas Lilladher. Earnings before interest, tax, depreciation, and amortization (EBITDA) are likely to rise by 36.2 percent Y-o-Y (up 22.1 percent Q-o-Q) to Rs. 605.6 crore.

Edelweiss Financial Services gains as Citi sees 23% upside

Citi said Edelweiss Financial is confident of maintaining strong asset quality. shares gained a percent intraday on Wednesday after global investment firm Citi has maintained buy call on the stock with a target price at Rs 215 apiece, implying 23 percent potential upside. The brokerage believes liquidity conditions have been improved and company has built significant surplus funds. Structural profit growth of the company may slow as the focus is on rebalancing credit mix, according to the research house which said Edelweiss is confident of maintaining strong asset quality. Hence, next 3-4 quarters will be key w.r.t asset quality, Citi said. At 11:25 hours IST, the stock was quoting at Rs 175.40, up Rs 0.95, or 0.54 percent on the BSE. Do something different, now what? You can find  Best Stock Market Advisory in Indore  for daily share market recommendations.

Traders can remain long on Nifty with a stop below 10,628; ITC, Axis Bank top buys

In the current scenario, traders need to follow the levels strictly as far as Nifty is concerned. The index should be held long with 10,628 stop loss. On the upside 10,870 is acting as a crucial resistance level while and on the downside 10,700 is the crucial support, Vinay Rajani, Senior Technical Analyst at HDFC Securities, said in an interview with Moneycontrol's Kshitij Anand. Q) It looks like the market is losing steam at higher levels. 10,850-10,900 levels are acting as a crucial resistance level for the index. Do you this as nervousness ahead of the interim budget? A)  For the last 9 weeks, the Nifty is moving in a schizophrenic manner. Every alternate week, it is moving in the opposite direction. The Nifty ended this week with an "Inside bar" pattern on the weekly charts, indicating indecision in the trend and that is why rallies are getting sold off and corrections are bought in to. The Nifty has been forming lower tops and higher b