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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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Warburg Pincus to pick up 20% in Airtel's DTH arm Bharti Telemedia - Business Standard

Global private equity firm Warburg Pincus will acquire up to a 20 per cent stake in Airtel's DTH arm Bharti Telemedia for $350 million. This will be the second innings for Warburg to invest in a Bharti Group entity. Bharti Telemedia is among the ...

Dark data: Inflation, IIP data dim economic outlook, dash hopes of RBI interest rate cuts - Financial Express

The latest sets of economic data released on Tuesday heightened the fear that a recovery might barely have materialised as yet, even as it demolished whatever slim chances existed for a rate cut by the Reserve Bank of India (RBI) in the February review ...

Global trade: Why India can't afford absenteeism on international investment issues - Financial Express

The future of global trade is being negotiated at the 11th Ministerial Conference (MC11) in Buenos Aires, Argentina, this week, from December 10-13. By: Geethanjali Nataraj | Published: December 12, 2017 5:32 AM. 0. Shares. Share. The Indian ...and more »

Unitech wants Supreme Court to stay NCLT order immediately - Economic Times

NEW DELHI: Unitech on Tuesday urged the Supreme Court to immediately stay the National Company Law Tribunal's (NCLT) order directing the government to takeover the builder's management. The order runs contrary to the top court's direction to monetise ...

Key Aadhaar Linking Deadlines You Should Know - NDTV

Government has announced the mandatory linking of Aadhaar to various financial services, the deadlines of which are fast approaching. The Unique Identity Authority of India (UIDAI) has announced different deadlines for linking of Aadhaar with bank ...and more »

FRDI Bill: Public Bank Deposits Will Be Protected, Says Arun Jaitley - NDTV

The FRDI Bill proposes to create a framework for overseeing financial institutions such as banks, insurance companies, non-banking financial services (NBFC) companies and stock exchanges in case of insolvency. Business | Agencies | Updated: December 12 ...

Mineral water bottles in hotels to cost more or less than MRP? Here is truth - Financial Express

The Supreme Court on Tuesday held that hotels and restaurants can charge to their customers/guests more than the maximum retail price (MRP) marked on a bottle of the mineral water. By: FE Bureau | New Delhi | Published: December 13, 2017 5:26 AM. 0 ...

Sebi sets up department to address issues firms face in bankruptcy court - Livemint

Mumbai: The Securities and Exchange Board of India (Sebi) has formed a new department that will review company filings for debt raising and address issues that listed companies face in bankruptcy court. This follows greater government and regulatory ...

This cryptocurrency with 5700% return in 2017 is giving serious competition to bitcoin! - Economic Times

Digital currency Litecoin overtook IOTA and Ripple and became the fourth largest cryptocurrency in terms of market capitalisation after bitcoin, ethereum and bitcoin cash. With market capitalisation of Rs 0.88 lakh crore, litecoin was trading at Rs 16 ...

Mumbai Shatabdi To Get Coach With 'Aircraft-Like' Facilities - NDTV

Mumbai: A brand new Anubhuti luxury coach with "aircraft-like facilities" like cushy interior, seats fitted with LCD screens and wider leg space has arrived in Mumbai and will be soon inducted into Mumbai-Ahmedabad Shatabdi Express. The 56-seat air ...

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