Complaint Board

 
Beginning Of The Month Received During The Month Resolved During the month Pending At The End Of The Month Reasons for Pendency
0 0 0 0 0
 

*Please Note: The amount that you are paying in the company is purely the fees of our services and not Investment. Investment is to be done by your side and in your DEMAT account only.

Complaint Board

 
Beginning Of The Month Received During The Month Resolved During the month Pending At The End Of The Month Reasons for Pendency
0 0 0 0 0
 

*Please Note: The amount that you are paying in the company is purely the fees of our services and not Investment. Investment is to be done by your side and in your DEMAT account only.

Trade Nivesh | Trade before Friday Top Things to Know

Trade Nivesh Sensex opens in the green, Nifty above 11,550; pharma stocks gain

 

Among the sectors, the pharma index gained 2 percent followed by auto and banks. The midcap and smallcap indices added half a percent each.

The market opens: Sensex is up 162.45 points or 0.42 percent at 39142.30, and the Nifty gained 62.90 points or 0.55 percent at 11579. Cipla, Dr Reddy’s Labs, Sun Pharma, and Tata Steel are the top gainers while Essel Propack, Reliance Industries, and Lupin are the most active stocks.

Among the sectors, the pharma index gained 2 percent followed by auto and banks. The midcap and smallcap indices added half a percent each.

HDFC Bank in focus: Two US-based law firms announced the filing of a class-action lawsuit against the bank. Rosen & Schall Law Firms File Suits against Bank for false, misleading information. Both firms had announced a probe into claims against HDFC Bank leading to a lawsuit, CNBC-TV18 reported.

ICICIdirect on market outlook: Nifty opened with a lower gap on September 17 and remained highly volatile with a negative bias throughout the day. Sectorally, the action was seen in pharma and technology stocks while profit-taking was seen in auto, BFSI, and metal stocks. However, on the options, the front 11,500 Put has maximum OI. This should act as strong support on downsides. The major Put base is at 11,500 strikes with almost 31 lakh shares while the major Call base is at the 11,600 strikes with almost 29 lakh shares.

Bank Nifty future saw sideways trade but remained firm above 22,000 throughout the day. Most private and midcap banks witnessed supply from higher levels. From the options space, additions were seen in 23,000 and 23,500 strike Call, which is the resistance area, whereas support for the Bank Nifty is at 22,000.

Oil price update: Oil prices drifted lower on Friday, pausing after three days of gains, as producers prepared to resume operations in the Gulf of Mexico and data showed Saudi Arabian exports rose from record lows. Brent crude was down 6 cents at $43.24 a barrel by 0112 GMT, while US oil futures dropped 6 cents to $40.91 a barrel.

SGX Nifty: Trends on SGX Nifty indicate a flat opening for the index in India with a 3 points loss. The Nifty futures were trading at 11,525 on the Singaporean Exchange

US Markets: US stocks fell on Thursday as technology-related shares slid for a second day and government data showed high levels of weekly jobless claims. The Dow Jones Industrial Average fell 130.4 points, or 0.47%, to 27,901.98, the S&P 500 lost 28.48 points, or 0.84%, to 3,357.01 and the Nasdaq Composite dropped 140.19 points, or 1.27%, to 10,910.28.

Read More
admin September 18, 2020 0 Comments

Trade Nivesh | Hot Stocks – Think Before Trade

Trade Nivesh | Berger Paints, HCL Tech two short-term buy calls; sell Hero MotoCorp

Nifty50, on the weekly chart, has completed the ‘Bearish Bat’ harmonic pattern and is currently trading below its potential reversal zone (PRZ).

The “V-shaped” reversal rally has helped benchmark indices climb back to almost the 88.60 percent retracement of the entire downswing seen from January 2020 (top) to March 2020 (bottom)

Nifty50, on the weekly chart, has completed the bearish bat harmonic pattern and is currently trading below its potential reversal zone.

Moreover, the index has breached its upward slanting trendline on the daily chart which indicates bears are likely to overtake bulls in the coming trading sessions.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

The gap down opening of September 4 drifted the index below its 21- day exponential moving average which acted as a critical support zone on a couple of occasions previously.

On September 9, Nifty witnessed a gap down opening following its global peers and later on formed a sharp V-shape reversal rally on an intraday basis and closed above 11,200 marks.

For the past couple of trading sessions, market breadth has been in favor of bears.

Bank Nifty has formed a bearish dark cloud cover candlestick pattern on the weekly chart and neglected its previous week’s bullish candle.

On the weekly chart, there is a cluster of exponential moving averages (50, 100,200) hanging around 24,000 –25,000 zone and Bank Nifty has taken resistance in the same zones.

One can say there is a cluster of bearish patterns hanging around the benchmark index Nifty and one may initiate a bear put spread strategy on the benchmark index.

On the downside, initial support is placed at 11,100 which is supported by a 50- day exponential moving average on the daily chart. The initial up-move is likely to be capped around 11,500 level for Nifty.

Here are two buy and one sell call for the next 2-3 weeks:

Berger Paints India | Buy | LTP: Rs 561 | Target price: Rs 600 | Stop loss: Rs 535 | Upside: 7%

In the first week of August, the stock prices managed to surpass the multiple resistance zones around Rs 540–550 levels, which eventually confirmed a triangle pattern breakout on the weekly interval.

Since that breakout, the stock has taken a breather and witnessed a throwback near its trendline support.

The strong reversal in RSI (14) from 30 levels has set up a V-shape reversal. It is currently reading near 50 levels with positive crossover on the weekly interval.

By observing Relative Strength (RS) on a monthly horizon, one can observe that stock has been outperforming the benchmark index since April 20.

Traders can accumulate the stock in the range of Rs 561-563 for the target of Rs 600.

HCL Technologies | Buy | LTP: Rs 722.60 | Target price: Rs 800 | Stop loss: Rs 675 | Upside: 11%

HCL Tech has been trading against the wind, outperforming the benchmark index on the majority of timeframes.

On the weekly chart, the stock has been moving in the range for the last few trading sessions and attempted to move higher.

The key technical indicators on the near-term timeframe are in buy mode. The stock has the potential to continue the current up-move and will test higher levels.

The counter is trading above its 21 and 50-day exponential moving averages on the daily timeframe which is positive.

Traders can accumulate the stock in the range of Rs 720-724 for the target of Rs 800.

Hero MotoCorp | Sell | LTP: Rs 2,900.20 | Target price: Rs 2,740 | Stop loss: Rs 3,000 | Downside: 5.5%

On the weekly chart, Hero MotoCorp has formed a bearish engulfing candlestick pattern which is also clubbed with a smaller degree double top pattern.

The counter has witnessed a rising channel pattern breakdown on daily intervals and is trading below its trendline resistance.

Furthermore, prices have drifted below its 21-day exponential moving average.

Moreover, the Nifty Auto index has formed a bearish hanging man candlestick pattern on the weekly timeframe which is also clubbed with rising channel pattern breakdown on the daily interval.

Traders can short the stock in the range of Rs 2,900-2,910 for the target of Rs 2,740.

Trade Nivesh is an Investment Adviser for well investing not just investing. We provide recommendations through SMS and Telephonic Support by NISM Certified team.

Read More
admin September 10, 2020 0 Comments

Trade Nivesh | Trade before Wednesday Top 10 Things to Know

Trade Nivesh | Trade before Wednesday Top 10 Things to Know

Trends on SGX Nifty indicate a negative opening for the index in India with a 50 points loss.

The Indian stock market is expected to open in the red following weak global cues. Trends on SGX Nifty indicate a negative opening for the index in India with a 50 points loss.

The BSE Sensex was down 51.88 points at 38,365.35 on September 8 while the Nifty50 fell 37.60 points to 11,317.40. According to pivot charts, the key support levels for the Nifty is placed at 11,259.47, followed by 11,201.63. If the index moves up, the key resistance levels to watch out for are 11,406.17 and 11,495.03.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

US stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off to send the Nasdaq into correction territory, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500.

The Dow Jones Industrial Average fell 632.42 points, or 2.25%, to 27,500.89, the S&P 500 lost 95.12 points, or 2.78%, to 3,331.84 and the Nasdaq Composite dropped 465.44 points, or 4.11%, to 10,847.69.

Asian Markets

Asian stocks were set to come under pressure on Wednesday after Wall Street sank for the third consecutive day led by declines in heavyweight technology companies, and oil prices hit lows not seen since June.

MSCI’s gauge of stocks across the globe shed 2.03% following declines in Europe. Australian S&P/ASX 200 futures lost 1.64% in early trading. Japan’s Nikkei 225 futures fell 0.50%. Hong Kong’s Hang Seng index futures lost 0.63%.

SGX Nifty

Trends on SGX Nifty indicate a negative opening for the index in India with a 50 points loss. The Nifty futures were trading at 11,263 on the Singaporean Exchange around 07:30 hours IST.

Signs of normalcy: Life insurers post a 15% rise in new premiums in August

you can ask the expert visit now:- Ask An Expert | Trade Nivesh
Showing clear signs of normalcy in business amidst the coronavirus pandemic, life insurance companies posted a 15 percent year-on-year (YoY) rise in the new premium collection at Rs 27,039.79 crore in August.

Among the listed insurers, ICICI Prudential Life Insurance saw a 14.5 percent YoY decline in new premium to Rs 892.31 crore in August. HDFC Life Insurance saw a 44.7 percent YoY increase in new premium to Rs 1,903.96 crore, while SBI Life saw a 26 percent YoY growth to Rs 1,805.8 crore.

Goldman Sachs expects a deeper trough in CY20, but a sharp rebound in Q2CY21

The Indian economy is expected to climb from a deeper trough in the calendar year 2020 (CY20) and see a stronger rebound in the year 2021, according to global financial firm Goldman Sachs.

“While the economy must now climb out of a deeper trough in 2020, we have upgraded our expectations of a rebound next year,” Goldman Sachs said in a report. In the second quarter of the year 2021, Goldman expects real GDP growth to bounce back sharply on a year-over-year basis due to favorable base effects.

SEBI allows NSE to undertake e-KYC Aadhaar authentication

Markets regulator Sebi on Tuesday added the National Stock Exchange (NSE) to the list of entities that can undertake e-KYC Aadhaar authentication. The regulator, in May, had come out with a list of eight entities permitted to use e-KYC (Electronic-Know Your Customer) Aadhaar authentication.

Central Depository Services (India) Ltd (CDSL), National Securities Depository Ltd (NSDL), BSE, CDSL Ventures, NSDL Database Management, NSE Data and Analytics, CAMS Investor Services, and Computer Age Management Services were the eight entities that were allowed to use e-KYC Aadhaar authentication.

GDP contraction not surprising, jobs will come back once the economy rebounds: KV Kamath

Veteran banker KV Kamath said jobs will return once the economy bounces back and the 24 percent economic contraction is not surprising. Official data released on August 31 revealed that India’s economy contracted 23.9 percent in the second quarter of 2019-20.

“Last two quarters have been most impacted by COVID-19. GDP contraction of nearly 25 percent was not a surprise for me,” Kamath said in an interview with CNBC-TV18. A committee led by Kamath had submitted a report to the Reserve Bank of India (RBI), recommending financial ratios lenders can follow during a resolution framework.

Earnings on September 9

Indiabulls Ventures, CESC Ventures, Emami Realty, Eveready Industries India, Lovable Lingerie, Shriram EPC, Texmaco Infrastructure among 45 stocks to announce quarterly earnings on September 9.

Route Mobile mops up Rs 180 crore from 15 anchor investors ahead of IPO

Route Mobile, the omnichannel cloud communication service provider (CPaaS), has garnered Rs 180 crore from 15 anchor investors on September 8, a day ahead of IPO opening. SBI Mutual Fund, SBI Life Insurance, Goldman Sachs, ICIC Prudential, Franklin Templeton, Kuwait Investment Authority, Vantage Equity, and Axis Mutual Fund among 15 investors participated in the anchor book.

“In anchor investors portion in the public issue of Route Mobile, 51,42,856 equity shares have been subscribed at Rs 350 per equity share,” said the company in its statement published on exchanges.

FII and DII data

Foreign institutional investors (FIIs) net sold shares worth Rs 1,056.52 crore, whereas domestic institutional investors (DIIs) net bought shares worth Rs 620.29 crore in the Indian equity market on September 8, as per provisional data available on the NSE.

With inputs from Reuters & other agencies
Trade Nivesh is an Investment Adviser for well investing not just investing. We provide recommendations through SMS and Telephonic Support by NISM Certified team.

Read More
admin September 9, 2020 0 Comments

Trade Nivesh | Trade before Tuesday Top 10 Things to Know

Trade Nivesh | Trade before Tuesday Top 10 Things to Know

Trends on SGX Nifty indicate a positive opening for the index in India with a 38 points gain.

The Indian stock market is expected to open in the green following positive Asian cues. Trends on SGX Nifty indicate a positive opening for the index in India with a 38 points gain.

The BSE Sensex gained 60.05 points to close at 38,417.23 on September 7 while the Nifty50 was up 21.10 points at 11,355. According to pivot charts, the key support levels for the Nifty is placed at 11,277.4, followed by 11,199.8. If the index moves up, the key resistance levels to watch out for are 11,406.9 and 11,458.8.

Read also:- Happiest Minds IPO opens tomorrow; here are 7 things to know.

US stock futures and Asian shares regained some footing on Tuesday following a small bounce in European shares as investors looked to whether high-flying US tech shares could recover from their recent rout.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2% while Japan’s Nikkei gained 0.4%. U.S. financial markets were shut on Monday for a public holiday.

SGX Nifty

Trends on SGX Nifty indicate a positive opening for the index in India with a 38 points gain. The Nifty futures were trading at 11,419 on the Singaporean Exchange around 07:30 hours IST.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

Freight loading: Indian Railways registers over 10% jump, earns Rs 129.7 crore more

The Indian Railways on September 7 said freight loading until September 6 was 10.41 percent higher than that of last year for the same period and earnings rose by around Rs 129.68 crore. “Till September 6, the Railways loading was 19.19 million tonnes which is 10.41 percent (1.81 million tonnes) higher compared to last year’s loading for the same period (17.38 million tonnes),” it said.

Oil falls after Saudi cuts prices, China slows imports

you can ask the expert visit now:- Ask An Expert | Trade Nivesh
Oil prices fell on Monday after Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and as uncertainty over Chinese demand clouds the market’s recovery.

Brent crude was trading at $42.03 a barrel, down 63 cents or 1.5%, by 1555 GMT, after earlier sliding to $41.51, its lowest since July 30. West Texas Intermediate US crude fell 67 cents, or 1.7%, to $39.10 per barrel after hitting $38.55, its lowest since July 10.

Japan’s economy shrinks more than expected in Q2

Japan’s economy shrank more than initially estimated in the second quarter as capital expenditure took a hit from the coronavirus crisis, highlighting the challenge policymakers face in averting a deeper recession.

The world’s third-largest economy shrank an annualized 28.1 percent in April-June, more than a preliminary reading of a 27.8 percent contraction, revised gross domestic product (GDP) data showed on Tuesday, suffering its worst postwar contraction.

Kamath panel submits report on resolution framework for COVID-hit assets

An expert panel appointed by the Reserve Bank of India (RBI) has submitted its report to the central bank on the resolution framework for COVID-hit assets. The committee, headed by veteran banker KV Kamath, has recommended financial ratios for 26 sectors which could be factored in by lending institutions while finalizing a resolution plan for a borrower.

The 26 sectors selected by the panel for the resolution framework are Power, construction, iron and steel manufacturing, roads, real estate, trading wholesale, textiles, chemicals, consumer durables/FMCG, non-ferrous metals, pharma, logistics, gems and jewelry, cement, auto components, hotels, mining, plastic products manufacturing, automobile manufacturing, auto dealership, aviation, sugar, port and port services, shipping, building materials, and corporate retail outlets.

SEBI sets March 31 as the cut-off date for re-lodgement of share transfer requests

Capital markets regulator SEBI on Monday fixed March 31, 2021, as the cut-off date for re-lodgement of share transfer requests. Transfer of securities held in physical mode has been discontinued effect from April 1, 2019, but investors have not been barred from holding shares in the physical form.

Now, the Securities and Exchange Board of India (SEBI), has “decided to fix March 31, 2021, as the cut-off date for re-lodgement of transfer deeds,” according to a circular. “Further, the shares that are re-lodged for transfer (including those requests that are pending with the listed company / RTA, as on date) shall henceforth be issued only in Demat mode,” it added.

ICICI Bank-Videocon case: ED arrests Deepak Kochhar on charges of money laundering

The Enforcement Directorate (ED) on September 7 arrested former ICICI Bank CEO Chanda Kochhar’s husband Deepak Kochhar in connection with the ICICI Bank-Videocon money laundering case.

World economy unlikely to re-attain pre-pandemic output levels before 2022: Report

With COVID-19 still dominating major developments globally, the world economy is not likely to re-attain pre-pandemic output levels before 2022, says a report. According to Dun & Bradstreet Country Risk and the Global Outlook, “nothing about the pandemic can be classified as over, despite recoveries in activity levels in some economies in Q3, as evident in PMIs (Purchasing Managers Indices), Google Mobility data and monthly economic data”.

Unemployment will keep rising above the pre-pandemic baseline as government programs are phased out and cease to protect workers, while the pace of what recovery there is may yet weaken in Q4, said Arun Singh, Global Chief Economist, Dun & Bradstreet.

RBI loan restructuring norms could exclude a large number of companies: Report

A large number of companies may be left out of the Reserve Bank of India’s (RBI’s) norms on corporate loan structuring, as bankers expect advances worth only Rs 2-3 lakh crore, or 2-3 percent of overall bank loans, to be eligible for restructuring.

A five-member committee headed by VK Kamath, constituted by the RBO to look into parameters within which restructuring can be allowed, has submitted its recommendations to the central bank, The Times of India reported.

SIP investments jumped 143%, monthly registration doubled in FY20: Paytm Money

Digital financial services firm Paytm Money on Monday said that monthly investment volume in systematic investment plans (SIP) has risen by 143 percent on its platform in 2019-20. The company said that it has completed two years of business and has been able to acquire 66 lakh customers to invest in various financial services out of which 70 percent of users were first-time investors.

“Over the last two years, we have enabled new users from small cities and towns to invest with confidence by providing innovative & personalized services. We strive to become the first step in the investment journey so that every user benefits from technology and financial inclusion,” Paytm Money CEO Varun Sridhar said in a statement.
Earnings on September 8

CESC, Dishman Carbogen Amcis, Future Consumer, Jindal Stainless, Mafatlal Industries, Bal Pharma, Sharon Bio-Medicine, Simplex Projects, SML Isuzu, Spencers Retail, Texmaco Rail & Engineering among 37 stocks will announce June quarter earnings on September 8.

FII and DII data

Foreign institutional investors (FIIs) net sold shares worth Rs 6.93 crore, while domestic institutional investors (DIIs) net offloaded shares worth Rs 815.82 crore in the Indian equity market on September 7, as per provisional data available on the NSE.

6 stocks under F&O ban on NSE

BHEL, Canara Bank, Indiabulls Housing Finance, Vodafone Idea, Jindal Steel & Power, and Punjab National Bank are under the F&O ban for September 8. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.​

With inputs from Reuters & other agencies

Trade Nivesh is an Investment Adviser for well investing not just investing. We provide recommendations through SMS and Telephonic Support by NISM Certified team.

Read More
admin September 8, 2020 0 Comments

Trade before Monday Top 10 Things to Know | Trade Nivesh

Trade Nivesh | Trade before Monday Top 10 Things to Know

Trends on SGX Nifty indicate a negative opening for the index in India with a 31 points loss.

The Indian stock market is expected to open in the red following weak global cues. Trends on SGX Nifty indicate a negative opening for the index in India with a 31 points loss.

Sensex declined 633.76 points, or 1.63 percent, to 38,357.18 on September 4 while the Nifty corrected 193.60 points, or 1.68 percent, to close at 11,333.90. According to pivot charts, the key support levels for the Nifty is placed at 11,274.33, followed by 11,214.87. If the index moves up, the key resistance levels to watch out for are 11,422.63 and 11,511.47.

The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations and a patchy economic

The Dow Jones Industrial Average fell 159.42 points, or 0.56%, to close at 28,133.31, the S&P 500 lost 2811 points, or 0.81%, to 3,426.96 and the Nasdaq Composite dropped 144.97 points or 1.27% to 11,313.13.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

Asian Markets

Asian shares started Monday on the backfoot as investors grapple with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped sharply.

Japan’s Nikkei was down 0.4% ahead of a heavy week of macroeconomic data. Australian shares slipped 0.4% while South Korea and New Zealand’s benchmark index were off 0.1% each.

SGX Nifty

Trends on SGX Nifty indicate a negative opening for the index in India with a 31 points loss. The Nifty futures were trading at 11,329 on the Singaporean Exchange around 07:30 hours IST.

Expect vehicle scrappage policy by October: Nitin Gadkari

Union Road Transport and Highways Minister Nitin Gadkari on September 6 confirmed that the vehicle scrappage policy is in its final stages of approval and is likely to be rolled out within a month. Terming it as ‘very important’ for the auto industry revival, Gadkari told Mint the policy could even come as soon as September-end.

RBI revises audit norms for banks to improve risk management

The Reserve Bank on September 5 came up with a revised long format audit report (LFAR) norms to improve the efficacy of internal audit and risk management systems. The LFAR, which applies to statutory central auditors (SCA) and branch auditors of banks, has been updated keeping in view the large scale changes in the size, complexities, business model, and risks in the banking operations, the RBI said.

The revised FAR format will be put into operation for the period covering 2020-21 and onwards, the central bank said. “The overall objective of the LFAR should be to identify and assess the gaps and vulnerable areas in the business operations, risk management, compliance and the efficacy of internal audit and provide an independent opinion on the same to the Board of the bank and provide their observations,” the RBI said.

Happiest Minds garners Rs 316 crore from 25 anchor investors ahead of IPO

Smallcap IT company Happiest Minds Technologies on September 4 has raised Rs 315.90 crore from 25 anchor investors, ahead of its IPO scheduled to open next week. “The fundraising committee and selling shareholders in consultation with book running lead managers have finalized allocation of 1,90,30,541 equity shares to anchor investors,” the company said in its BSE circular.

Read also:- Happiest Minds IPO opens tomorrow; here are 7 things to know.

The company issued shares to anchor investors at Rs 166 per share, the higher end of the price band.

US job growth loses speed as fiscal stimulus ebbs

US employment growth slowed further in August and permanent job losses increased as money from the government started running out, raising doubts on the sustainability of the economy’s recovery from the deep COVID-19 recession. Nearly a fifth of the job gains reported by the Labor Department on Friday was from the government’s temporary hiring for the 2020 Census. While the unemployment rate fell below 10 percent, it was biased down by a continuing misclassification problem.

The slowdown pressures the White House and Congress to restart stalled negotiations for another fiscal package and is likely to become political ammunition for both Democrats and Republicans with just two months to go until the presidential election.

India’s forex reserves jump $3.883 billion to a record $541.431 billion

The country’s foreign exchange reserves surged by $3.883 billion to touch a lifetime high of $541.431 billion in the week ended August 28, RBI data showed on September 4. In the previous week ended August 21, the reserves had risen by $2.296 billion to $537.548 billion.

In the reporting week, the forex kitty rose mainly on the back of a jump in foreign currency assets (FCAs), a major component of the overall reserves. FCAs increased by $3.925 billion to $498.094 billion, the central bank data showed.

Japanese firms to get subsidies for shifting production from China to India, Bangladesh: Report

Japanese manufacturers that shift production out from China to India or Bangladesh will now be eligible for subsidies, as per a report by Nikkei Asian Review.

Japan’s Ministry of Economy, Trade, and Industry added “projects that will contribute to the resilience of the ASEAN-Japan supply chain” to its latest list, many of which are eyeing relocation to India and Bangladesh.

Sebi orders attachment of bank, Demat accounts of Mehul Choksi, Gitanjali Gems

Markets regulator Sebi on September 4 ordered the attachment of bank and Demat accounts of fugitive businessman Mehul Choksi as well as Gitanjali Gems and its executive director, Dhanesh Sheth, to recover dues worth over Rs 5 crore. Choksi, the uncle of diamantaire Nirav Modi, is the promoter and managing director of Gitanjali Gems.

H-1B visa regulations expected to be revised; tech workers could bear the brunt

For H-1B workers, things might go further down before America votes to elect the new President on November 3. For, the Department of Homeland and Security’s (DHS) proposed changes to the H-1B program might just take effect before the US gets the new President.

Details of these changes are kept confidential of course. According to the information available on the OMB site, these changes include revising the definition of specialty occupation to increase focus on obtaining the best and the brightest foreign nationals via the H-1B program.

Earnings on September 7

CG Power and Industrial Solutions, Future Lifestyle Fashions, Future Market Networks, General Insurance Corporation of India, Aurionpro Solutions, Hindustan Oil Exploration, McNally Bharat Engineering, Info Edge India, Orchid Pharma, RPP Infra Projects, Tera Software, among 50 companies which will declare their June quarter earnings on September 7.

FII and DII data

Foreign institutional investors (FIIs) net sold shares worth Rs 1,888.78 crore, while domestic institutional investors (DIIs) offloaded shares worth Rs 456.88 crore in the Indian equity market on September 4, as per provisional data available on the NSE.

6 stocks under F&O ban on NSE

Bharat Heavy Electricals, Canara Bank, Indiabulls Housing Finance, Vodafone Idea, Jindal Steel & Power, and Punjab National Bank are under the F&O ban for September 7. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.

 

Read More
admin September 7, 2020 0 Comments

Happiest Minds IPO opens tomorrow; here are 7 things to know

Trade Nivesh | 7 Things to know about Happiest Minds IPO

The public issue closes on September 9. The price band of the offer has been fixed at Rs 165 to Rs 166 per equity share. The IPO is expected to raise Rs 702 crore at the upper end of the price band

The initial public offering (IPO) of IT services firm Happiest Minds Technologies is scheduled to open for subscription tomorrow. The public issue closes on September 9. The price band of the offer has been fixed at Rs 165 to Rs 166 per equity share. The IPO is expected to raise Rs 702 crore at the upper end of the price band. The company may mop up Rs 315.9 crore at the lower end of the price band. ICICI Securities and Nomura Financial Advisory and Securities (India) are the managers for the issue.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

Here are 7 things to know about Happiest Minds IPO:

  1. Happiest Minds Technologies has raised Rs 316 crore from anchor investors, ahead of its initial public offering.
  2. The Singapore government, Goldman Sachs, Kuwait Investment Authority, Nomura Funds Ireland, Jupiter India, and Pacific Horizon Investment are some of the anchor investors.
  3. A total of 25 anchor investors have been allotted 1,90,30,541 equity shares at the upper price band of Rs 166 per scrip.
  4. The IPO will open for subscription on September 7 and close on September 9. The price band of the offer has been fixed at Rs 165 to Rs 166 per equity share.
  5. The offer comprises fresh issuance of shares aggregating up to Rs 110 crore and an offer for sale of up to 3.56 crore equity shares.
  6. The company’s promoter Ashok Soota will offer 8,414,223 equity shares and CMDB-ll (JP Morgan Asset Management) will offer 27,249,362 scrips through the offer-for-sale route. Soota was also the founding chairman and managing director of MindTree.
  7. The IT company proposes to utilize the net proceeds from the fresh issue to meet the long-term working capital requirements and general corporate purposes. The Bengaluru-based company’s shares are proposed to be listed on the BSE and the NSE.

Trade Nivesh is an Investment Adviser for well investing not just investing. We provide recommendations through SMS and Telephonic Support by NISM Certified team. 

 

Read More
admin September 6, 2020 0 Comments

Trade before Friday Top 10 Things to Know | Trade Nivesh

Trade Nivesh | Trade before Friday Top 10 Things to Know

 

Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services:

Going ahead, the market may look forward to more positive signs of economic recovery and would track the development around the US stimulus announcement. Investors will also keep a close watch on India-China border tensions and global markets for cues.
Technically, Nifty is finding hurdles at higher zones but at the same time decline is being bought into. Nifty needs to hold above 11550 which could again give an upper hand to bulls to drive the move towards 11750-11800 zones, while the support stands near 11400-11300.

Results Today:

National Aluminium Company, Future Retail, Goodyear India, Jubilant Life Sciences, NLC India, Repco Home Finance, RattanIndia Infrastructure, RattanIndia Power, Seamec, Simbhaoli Sugars

ICICIdirect

ECB policymakers reportedly warned that if the euro keeps appreciating it will weigh on exports, drag down prices and intensify pressure for more monetary stimulus. This would provide short-term support to the dollar.

The dollar-rupee September contract on the NSE was at 73.68 in the last session. The open interest in the September series declined by 1.9% while it increased by 6.15% in the next series.

Margin penalty waived till September 15: NSE

National Stock Exchange (NSE) has been decided to not levy a penalty for client margin short/non collection and reporting in Cash and Derivatives segments.

This provision shall be applicable for a period of 15 days i.e. from September 1, 2020, to September 15, 2020, to facilitate a smooth transition for members to the new system.

Wall St slips:

A gauge of global stocks fell on Thursday from a record high in its biggest one-day decline in nearly three months as the technology sector sold off, while the dollar continued its bounce from more than two-year lows.

The Dow Jones Industrial Average fell 808.17 points, or 2.78%, to 28,292.33, the S&P 500 lost 125.84 points, or 3.51%, to 3,455 and the Nasdaq Composite dropped 598.34 points, or 4.96%, to 11,458.10.

SGX Nifty: Trends on SGX Nifty indicate a weak start for the broader index in India, with a loss of 112 points or 0.97 percent. The Nifty futures were trading around 11,432 levels on the Singaporean Exchange.

Good morning and welcome to the live coverage of all the action from D-Street. Stay tuned to this blog for all live updates from the market in India and around the world.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

Read More
admin September 4, 2020 0 Comments

Trade before Thursday Top 10 Things to Know | Trade Nivesh

Trade before Thursday Top 10 Things to Know | Trade Nivesh

 

Patterns on SGX Nifty demonstrate a positive opening for the list in India with a 23 focuses gain.

The Indian financial exchange is required to open in the green after certain worldwide signs and as US markets demonstrated solid increases. Patterns on SGX Nifty show a positive opening for the record in India with a 23 focuses gain.

The BSE Sensex climbed 185.23 focuses to close at 39,086.03 on September 2 while the Nifty50 rose 64.70 focuses to 11,535. As per rotate graphs, the key help levels for the Nifty are put at 11,458.67, trailed by 11,382.33. If the record climbs, the key obstruction levels to keep an eye out for are 11,583.07 and 11,631.13.

Stay tuned to Trade Nivesh to discover what occurs in money and value showcases today. We have grouped top-notch of significant features across news stages which could affect Indian just as universal business sectors:

US markets rose pointedly on Wednesday, proceeding with a solid beginning to September for the market as brokers removed benefits from high-flying names like Apple and Tesla and gobbled up shares in more thumped pieces of the market.

The Dow Jones Industrial Average bounced 454.84 focuses, or 1.6%, to close at 29,100.50. The S&P 500 increased 1.5% to end the day at 3,580.84 while the Nasdaq Composite was higher by 1% at 12,056.44.

Asian Markets

Asian business sectors picked up on Thursday after the S&P 500 traveled to another record for the time being stateside. In Japan, the Nikkei 225 rose 1.35% in early exchange as portions of Fast Retailing bounced over 2.5%. The Topix record additionally increased by 0.96%. South Korea’s Kospi progressed by 0.84%. The S&P/ASX 200 in Australia increased by 0.88%.

SGX Nifty

Patterns on SGX Nifty demonstrate a positive opening for the record in India with a 23 focuses gain. The Nifty fates were exchanging at 11,583 on the Singaporean Exchange around 07:30 hours IST.

Oil holds consistent

Oil costs were minimally changed in early exchange on Thursday, sitting close multi-week lows hit for the time being on stresses over fuel request because of a sketchy U.S. financial recuperation.

U.S. West Texas Intermediate (WTI) rough fates crept up 3 pennies, or 0.1%, to $41.54 a barrel at 0115 GMT, while Brent unrefined prospects slipped 7 pennies, or 0.2%, to $44.36 a barrel.

Japan’s Aug administration division action declines as pandemic obstruct recuperation

Movement in Japan’s administration segment contracted at a quicker pace in August for the first time in four months, as vulnerability from the COVID pandemic burdened supposition, harming business at home and from abroad.

The last Jibun Bank Japan Services Purchasing Managers’ Index (PMI) crept down to an occasionally balanced 45.0 in August from 45.4 in the earlier month, forced by debilitating new business and business desires.

India bounces 4 spots on Global Innovation Index to enter top 50 just because

India remained the most creative nation in Central and Southern Asia as it climbed four situations on the yearly Global Innovation Index (GII) of the World Intellectual Property Organization (WIPO) to make it to the best 50 rundowns just because.

Switzerland, Sweden, the US, UK, and the Netherlands beat the yearly positioning this year. According to the association, India, China, the Philippines, and Viet Nam have been the economies with the most huge advancement in their GII development positioning throughout the long term. Each of the four is presently in the best 50.

Stay tuned to Trade Nivesh to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets.

FM Sitharaman to meet heads of banks, NBFCs on credit recast today

Fund Minister Nirmala Sitharaman will hold a survey meeting with heads of banks and NBFCs on September 3 for smooth and quick usage of the one-time obligation recast for the goal of COVID-19 related worry in bank credits.

Other than evaluating the readiness of banks on the obligation recast, sources stated, the gathering will likewise audit the advancement of different plans declared under the Rs 20.97 lakh crore Aatmanirbhar Bharat Abhiyaan.

2-wheeler deals ascend in August, supported by lockdown unwinding, hesitance to utilize open vehicle

Facilitating of lockdown and resumption of monetary exercises brought about an ascent in bike deals as three of the main six producers, which control 96 percent of the local market, detailed an expansion popular. The need to keep away from open and private mass vehicle alternatives due to COVID-19 likewise added to the interest rise.

Almost 1.5 million cruisers, bikes, and mopeds were sold in August 2020 – an expansion of 3 percent when contrasted with 1.45 million units sold in the very month a year ago.

Local aircrafts allowed to work at 60% limit with prompt impact

The aeronautics service has permitted residential carriers to work at a 60 percent limit, up from the previous 45 percent, with quick impact. “We have advised the Airlines to revamp their timetable likewise,” sources near the administration told Moneycontrol.

Coal India’s Q1 benefit plunges 55% to Rs 2,077 crore

India’s biggest coal mining organization Coal India on September 2 revealed a 55.1 percent year-on-year (YoY) decrease in the united benefit at Rs 2,077.5 crore in the April-June quarter, hit by COVID-19 pandemic and lower other pay. Benefit in the same period a year ago remained at Rs 4,630 crore.

Solidified income from tasks plunged 25.9 percent YoY to Rs 18,487 crore in the quarter finished June 2020, as offtake decreased by 21.5 percent to 120.42 million tons YoY.

Profit on September 3

Page Industries, Jubilant Industries, Bilcare, Essar Shipping, IL&FS Engineering, MSTC, Panacea Biotec, Zuari Agro Chemicals, and so on will report their June quarter profit on September 3.

FII and DII information

Unfamiliar institutional speculators (FIIs) net purchased shares worth Rs 990.57 crore, while residential institutional financial specialists (DIIs) net sold offers worth Rs 657.48 crore in the Indian value market on September 2, according to temporary information accessible on the NSE.

3 stocks under F&O prohibition on NSE

Escorts, Indiabulls Housing Finance, and Punjab National Bank are under the F&O boycott for September 3. Protections in the boycott time frame under the F&O fragment remember organizations for which the security has crossed 95 percent of the market-wide position limit.

With contributions from Reuters and different organizations

Read More
admin September 3, 2020 0 Comments

Trade Before Wednesday Top 10 Things to Know | Trade Nivesh

Trade Nivesh | Trade Before Wednesday Top 10 Things to Know

Put composing was seen at 11,000 strikes, which included 2.21 lakh contracts, trailed by 11,300 strikes, which included 1.35 lakh contracts, and 11,200 strikes which included 99,675 agreements. 

The market recaptured quality on September 1 following a day of significant amendment found over the most recent three months. The assembly was driven via auto, budgetary administrations, FMCG, metals, and pharma stocks. 

The BSE Sensex climbed 272.51 focuses on 38,900.80, while the Nifty50 rose 82.80 focuses to 11,470.30, shaping Long Legged Doji sort of example on the day by day outlines as shutting was close to opening levels. 

“Tuesday’s upside skip might be a minor supporting variable bull to make a rebound, yet the market is relied upon to switch down from the highs in the following 1-2 meetings. The ongoing swing high of 11,794 is probably not going to be penetrated on the upside temporarily. Prompt help is set at 11,365,” Nagaraj Shetti, Specialized Exploration Examiner at HDFC Protections, told Moneycontrol. 

“Every day RSI has turned beneath essential 60 levels. According to its bullish high low scope of 75-40 levels, it could slide down to bring down 40 over the timeframe. Consequently one should be cautious about the resumption of further shortcoming from somewhat more elevated levels,” he said. 

The more extensive business sectors likewise made strides with the Clever Midcap file rising 0.82 percent and Smallcap up 0.37 percent. 

“After the dreary Gross domestic product information, market members are currently seeking after more upgrade bundle declarations from the administration. Then, members would keep a nearby watch on India-China fringe pressure and worldwide business sectors for prompts. Signs are in the kindness of solidification,” Ajit Mishra, VP-Exploration, Religare Broking, said. 

We have examined 15 information focuses to assist you with spotting productive exchanges: 

Note: The open intrigue (OI) and volume information of stocks given in this story are the totals of three-month information and not of the current month as it were. 

The key support and resistance levels on the Nifty

According to pivot charts, the key support level for the Nifty is placed at 11,373.57, followed by 11,276.93. If the index moves up, the key resistance levels to watch out for are 11,560.17 and 11,650.13.

Clever Bank 

The Bank Clever increased 57.65 focuses to close at 23,812 on September 1. The significant rotate level, which will go about as pivotal help for the file, is put at 23,456.9, trailed by 23,101.8. On the upside, key opposition levels are put at 24,183.4 and 24,554.8. 

Call Option Data

Greatest Call open enthusiasm of 19.38 lakh contracts was seen at 12,000 strikes, which will go about as essential opposition in the September arrangement. get call put option services 

This is trailed by 11,500 strike, which holds 17.52 lakh contracts, and 11,800 strikes, which has gathered 12.70 lakh contracts. 

Call composing was seen at 12,200 strikes, which included 54,975 agreements, trailed by 12,100, which included 26,550 agreements. 

Call loosening up was seen at 11,400 strikes, which shed 72,225 agreements, trailed by 11,600 strikes, which shed 66,675 agreements, and 11,500 strikes, which shed 62,400 agreements. 

Put Option Data 

The Greatest Put open enthusiasm of 28.30 lakh contracts was seen at 11,000 strikes, which will go about as significant help in the September arrangement. 

This is trailed by an 11,300 strike, which holds 14.38 lakh contracts, and 11,200 strikes, which has collected 12.68 lakh contracts. 

Put composing was seen at 11,000 strikes, which included 2.21 lakh contracts, trailed by 11,300 strikes, which included 1.35 lakh contracts, and 11,200 strikes which included 99,675 agreements. 

Put loosening up was seen at 11,500, which shed 92,100 agreements, trailed by 11,400 strikes which shed 65,550 agreements. 

Stocks with a high conveyance rate 

A high conveyance rate proposes that financial specialists are demonstrating enthusiasm for these stocks. 

44 stocks saw long develop 

In view of the open intrigue future rate, here are the best 10 stocks wherein long development was seen. 

18 stocks saw long loosening up 

In view of the open intrigue future rate, here are the best 10 stocks wherein long loosening up was seen. 

21 stocks saw short develop 

An expansion in open enthusiasm, alongside a lessening in cost, generally demonstrates the development of short positions. In light of the open intrigue future rate, here are the best 10 stocks wherein short development was seen. 

54 stocks saw short-covering 

An abatement in open enthusiasm, alongside an expansion in cost, generally demonstrates a short-covering. In light of the open intrigue future rate, here are the main 10 stocks wherein short-covering was seen. 

Mass arrangements 

CG Force and Modern Arrangements: Finquest Monetary Arrangements sold 40 lakh partakes in the organization at Rs 23.80 per share through mass arrangements on the BSE. 

Future Ventures DVR Class B shares (Arrangement 1): Vivek Saraogi sold 4,69,351 offers in the organization at Rs 22.72 per share. 

Future Market Systems: Jugalkishore Mohanlal Maheshwari sold 4,38,311 offers in the organization at Rs 29.3 per share. 

(For more mass arrangements, click here) 

Income on September 2 

Coal India, Arvind Designs, Bannari Amman Sugars, Dish television India, Infibeam Roads, Joyous FoodWorks, Kernex Microsystems, Navkar Enterprise, Sadbhav Building, Sandur Manganese, Glossy silk Creditcare System and so forth will report their June quarter profit on September 1. 

Stocks in the news 

Coal India: August temporary offtake rose to 44.3 million tons versus 40.6 million tons YoY. 

Legend MotoCorp: Deals in August 2020 hopped to 5.84 lakh units versus 5.43 lakh units YoY. 

NMDC: Absolute August iron mineral deals at 1.79 million tons versus 1.49 million tons YoY. 

Spandana Sphoorty Money related Q1: Benefit at Rs 58.93 crore versus Rs 93.37 crore, income at Rs 325.96 crore versus Rs 298.2 crore YoY. 

JB Chemicals and Pharma: Tau Ventures Property Pte Ltd and PACs procured a 10 percent stake in the organization through off-market exchanges during August 31 and September 1, at a cost of Rs 745 for each offer. 

ONGC Q1: Independent benefit at Rs 496 crore versus loss of Rs 3,098.3 crore, income at Rs 13,011.3 crore versus Rs 21,456.2 crore QoQ. 

Infosys: The organization expanded the US employing pledge to 25,000 by 2022. 

TVS Engine: Absolute deals at 2.87 lakh units in August 2020 against 2.90 lakh units in August 2019. 

VST Turners and Work vehicles: Force Turners deals at 2,638 units in August 2020 against 1,437 units in August 2019. Farm trucks at 897 units against 813 units in a similar period. 

FII and DII information 

Unfamiliar institutional financial specialists (FIIs) net purchased shares worth Rs 486.09 crore, while residential institutional speculators (DIIs) net sold offers worth Rs 775.23 crore in the Indian value market on September 1, according to temporary information accessible on the NSE. 

Stock under F&O prohibition on NSE 

Two stocks – Indiabulls Lodging Fund and Vodafone Thought – are under the F&O boycott for September 2. Protections in the boycott time frame under the F&O portion remember organizations for which the security has crossed 95 percent of the market-wide position limit.

Read More
admin September 2, 2020 0 Comments

Today Trade before Top 10 Things to Know | Trade Nivesh

Today Trade before Top 10 Things to Know

 

Trade Nivesh | Patterns on SGX Nifty indicate a positive opening for the file in India with a 60 focuses gain.

The Indian financial exchange is required to open in the green, a day after it failed more than 2 percent. Patterns on SGX Nifty show a positive opening for the file in India with a 60 focuses gain.

The BSE Sensex revised 839.02 focuses or 2.13 percent to 38,628.29 on August 31 while the Nifty50 plunged 260.10 focuses or 2.23 percent to 11,387.50. As per turn outlines, the key help levels for the Nifty is set at 11,210.8, trailed by 11,034.1. On the off chance that the list climbs, the key obstruction levels to look out for are 11,679.2 and 11,970.9.

While the S&P flaunted its steepest August rate gain in over thirty years it finished Monday somewhat lower and the Dow likewise lost ground as speculators took a respite even though the Nasdaq shut higher gratitude to high-flying stocks including Apple Inc.

The Dow Jones Industrial Average fell 223.82 focuses, or 0.78%, to close at 28,430.05, the S&P 500 lost 7.7 focuses, or 0.22%, to 3,500.31 and the Nasdaq Composite included 79.82 focuses, or 0.68%, to 11,775.46.

Asian Markets

Asian stocks were set to debilitate on Tuesday following a gentler Wall Street shut down while the dollar slipped as business sectors processed new Federal Reserve remarks that recommended rates will remain low for an all-inclusive period.

Australia’s S&P/ASX 200 lost 0.89% in early exchange, while Japan’s Nikkei 225 fell 0.22%, Hong Kong’s Hang Seng record prospects lost 0.38%.

SGX Nifty

Trends on SGX Nifty indicate a positive opening for the index in India with a 60 points gain. The Nifty futures were trading at 11,426 on the Singaporean Exchange around 07:30 hours IST.

India’s GDP contracts 23.9% in Q1FY21

The Indian economy shrank 23.9 percent during the April-June quarter this year, affirming fears of a devastating slide over a few ventures and administrations that are abundantly seeping through numerous profound cuts brought about by COVID-19-actuated disturbances. Public pay accounts information delivered on August 31 indicated that India’s “genuine” or expansion balanced total national output (GDP) contracted 22.6 percent, the most honed drop in 41 years, contrasted with the development of 8.1 percent in a similar quarter a year ago.

The assembling area contracted 39.3 percent from the development of 3 percent a year ago, while the mining part shrank by 23.3 percent from the development of 4.7 percent a year ago. The farming part, supported by ample summer rains this year, be that as it may, stood apart as an encouraging sign, developing 3.4 percent in the main quarter of 2020-21 from 3 percent a year ago.

India’s April-July financial deficiency at Rs 8.21 lakh crore

India’s financial deficiency in the April-July remained at Rs 8.21 lakh crore as against Rs 5.47 lakh crore year-on-year, according to information delivered on August 31. This, against the Rs 7.96 lakh crore planned objective. While the complete receipts for the main quarter of the monetary remained at 2.32 lakh crore, the consumption was Rs 10.54 lakh crore.

For the long stretch of July, the monetary shortage was at Rs 1.59 lakh crore while the income deficiency came in at 1.37 lakh crore.

 

Oil ascends in a move to hazard resources as U.S. dollar slides

Oil costs rose in early exchange on Tuesday, switching for the time being misfortunes, as financial specialists moved to chance resources and out of the place of refuge U.S. dollar, which slid to an over two-year low.

Brent unrefined fates climbed 27 pennies, or 0.6%, to $45.55 a barrel at 0055 GMT, while U.S. West Texas Intermediate (WTI) rough fates rose 21 pennies, or 0.5%, to $42.82 a barrel.

 

Japan’s August plant action recoils at the slowest pace in a half year: PMI

Japan’s processing plant movement contracted at the slowest pace in a half year in August, diminishing a portion of the warmth on policymakers compelled to find a way to keep the economy from sliding further into a downturn.

Tuesday’s last au Jibun Bank Manufacturing Purchasing Managers’ Index (PMI) rose to an occasionally balanced 47.2 in August from 45.2 in July. It denoted the slowest constriction since February and obscured a primer perusing of 46.6.

 

South Korea’s plant movement recoils at the slowest pace in a half year

 

South Korea’s assembling movement shrank at the slowest pace in a half year in August as worldwide interest step by step improved after the facilitating of coronavirus lockdowns, however a resurgence in local contaminations could undermine the recuperation.

The IHS Markit buying directors’ record (PMI) rose to 48.5 in August from 46.9 in July, the most noteworthy perusing since February, yet at the same time underneath the 50-mark limit that isolates development from constriction for an eighth consecutive month.

 

Request expected to emerge once monetary action accumulates force: Report

 

The pace of monetary restoration vitally relies upon how rapidly the wellbeing concerns lessen, financial exercises restart, and the mental effect of COVID-19 dies down, says a report. As per Dun and Bradstreet’s Economy Forecast, requests will just appear once the financial movement assembles force.

“While an expansion in the internet business movement shows some provisional restoration in repressed interest, the normal decrease in venture action can be a delayed development,” said Arun Singh, Global Chief Economist, Dun, and Bradstreet. Singh further stated: “The endeavors taken by the administration to create work to help request through its accentuation on ‘localization of items’ and foundation working alongside different activities will yield results just throughout the following year.”

 

Japan’s jobless rate increases to 2.9% in July: the government

Japan’s jobless rate increased while the accessibility of occupations declined in July, government information appeared on Tuesday. The occasionally balanced joblessness rate was 2.9% in July, up from 2.8% in June, figures from the Ministry of Internal Affairs and Communications appeared. The middle conjecture was 3.0%.

 

Income on September 1

ONGC, Anant Raj, Fiem Industries, Shalimar Paints

 

FII and DII information

Unfamiliar institutional financial specialists (FIIs) net sold offers worth Rs 3,395 crore, though local institutional speculators (DIIs) net purchased shares worth Rs 681 crore in the Indian value market on August 31, according to temporary information accessible on the NSE.

 

 

Read More
admin September 1, 2020 0 Comments
TEST US TRADER

 

An initiative by Trade Nivesh in interest of all Investors and Traders .

Beware about the Fraudulent activity by the name of Trade Nivesh. Please do not make any payment except bank account details mentioned on our website in order to avoid any financial harm.

In-case of such activity, kindly do inform us at +91-731-3517084 /+91-90390-02130 or mail us at compliance@tradenivesh.com.