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Bulls Losing Their Grip: Need to Reclaim Lost Ground!!

Date: 04-12-2017 On Friday: The Nifty, plunged 103 points amid weak domestic and global cues. It settled the week at 10123 and made a solid real body, red candle on the daily chart as well as weekly chart. The Index broke important support levels in two sessions and support has shifted lower. As We said in our last note, If it sustains below 10300 levels, then the Bears will take control once again. Now it is trading below two major support levels of 10300 and 10175. If it continues to trade below, then it may test 10095-10035 levels. The Bulls need to reclaim lost ground by closing above 10200 for now. Now, the index upside has... Read More

Our Intraday Picks!!!

Date Stock Gain/Loss%
11-Dec-17 AUSOMENT 8.61%
11-Dec-17 SADBHIN 1.63%
11-Dec-17 SETCO 3.61%
11-Dec-17 WSTCSTPAPR 5.45%
08-Dec-17 KEC 1.53%

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Retail inflation accelerates, industrial growth slows - Livemint

Retail inflation in November rose to 4.88% as against 3.58% in October, mainly on account of rising fuel and food prices. Photo: Bloomberg. New Delhi: India suffered a macroeconomic setback on Tuesday with retail inflation unexpectedly accelerating to ...

Factory output slows in October to 2.2% - Hindu Business Line

Industrial output slowed in October while retail prices shot up in November, raising doubts over expectations of a recovery in the second half of the financial year. Data released on Tuesday showed that factory output slowed to a three-month low of 2.2 ...

US blocks deal on food security, WTO meet stares at collapse - Times of India

BUENOS AIRES: Talks at the World Trade Organization (WTO) ministerial meeting appear headed towards a collapse after the United States on Tuesday went back on a four-year-old commitment to offer a permanent solution for public stockholding, which may ...

Bharti Airtel sells 20% stake in DTH arm to Warburg Pincus for $350 million - Economic Times

Bharti Airtel said that Warburg Pincus, a global private equity firm focused on growth investing will acquire up to a 20% equity stake in Bharti Telemedia Limited, the DTH arm of Airtel, for around $350 million. Of this, 15% stake will be sold by ...

These services need to be linked with Aadhaar and here are the deadlines - Economic Times

It is mandatory to link Aadhaar with many services like mobile phones and bank accounts. Deadlines for linking Aadhaar with various services have been extended in the past but do not try your luck too much. So it is high time to link your Aadhaar with ...

Restaurants, hotels can sell bottled drinking water above MRP, says Supreme Court - Hindustan Times

A Supreme Court bench held that held that provisions of Legal Metrology Act will not apply to hotels and restaurants and they cannot be no prosecuted for selling products above MRP. india Updated: Dec 12, 2017 22:48 IST. HT Correspondent New Delhi ...

RIL mulls listing of Jio by end-2018: sources - The Hindu

Reliance Industries (RIL) is planning to list its telecommunications arm Reliance Jio on the stock exchanges if the telecom firm's plans to turn profitable by the end of this fiscal bear fruit. “IPO plans will be spelt out only after Reliance Jio ...

Unitech NCLT order: Govt should have consulted SC, says Chief Justice Misra - Business Standard

Chief Justice Dipak Misra on Tuesday said that the government should have come to the Supreme Court before taking over the management of Unitech as the real estate major sought the suspension of an NCLT order suspending its directors and allowing the ...

Litecoin: the silver to Bitcoin's gold - YourStory.com

Among the many alternative cryptocurrencies, or altcoins, that exist today, few have been around for as long and done as well as Litecoin. Created by former Google employee and Director of Engineering at Coinbase Charlie Lee, Litecoin was among the ...

Sebi may reduce IPO listing time to four days: Chairman Ajay Tyagi - Livemint

Sebi chairman Ajay Tyagi says the regulator has given final comments on 66 IPOs and 20 are pending before it. Photo: Abhijit Bhatlekar/Mint. Mumbai: Securities and Exchange Board of India (Sebi) is planning to make the initial public offering (IPO ...

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