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Nifty Likely to Consolidate Before Resume its Rally: Adopt Stock Specific Approach This Week!!

Date: 17-12-2018 Friday: The Index opened Flat as expected and traded in the Green, made a high and low of 10816 and 10752 during Intraday session, but fell down in the last leg of the session and finally ended at 10805.45. Due to profit booking and nervousness at the higher end it erased all the day's gain and closed flat. The market started past week on a negative note and reclaimed 10800 levels, it recouped its last two month losses as it swings more than 500 points. It witnessed volatile sessions amid State election results and sudden shock by RBI Governor's resignation. It has made a Neutral candle on the daily chart and a... Read More

Our Winning Picks!!!

Date Stock Gain/Loss%
17-Dec-18 TATAMOTORS 3.55%
17-Dec-18 JINDALSTEL 1.20%
17-Dec-18 BPCL 2.18%
17-Dec-18 HINDALCO 1.23%
30-Nov-18 BHARATFIN 0.13%

Market News






Indians are buying gold for as little as one rupee  Times of India

India Business News: Demand for gold is falling, forcing jewellers to get creative. Buyers get physical delivery of the metal once they have paid enough for one ...

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Mukesh Ambani’s RIL in talks with Saudi Arabia for new refinery, petrochemicals projects  The Financial Express

Reliance plans to expand its only-for-exports SEZ refining capacity to just over 41 million tonnes from current 35.2 million tonnes but does not have any plans to ...

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Rupee at day's high, trades at 70.88 per dollar  Moneycontrol.com

The Indian rupee extended morning gains in the afternoon trade as it gain past 71 mark, trading higher by 56 paise at 70.99 versus Monday's close 71.55.


DHFL to exit mutual fund business DHFL Pramerica  Livemint

DHFL will sell its entire stake in DHFL Pramerica to its joint venture partner Prudential Financial and exit DHFL Pramerica Trustees as well.








Rupee trades higher at 71.29 per dollar  Moneycontrol.com

Today, USD-INR pair is expected to quote in the range of 71.20 and 71.80, says Motilal Oswal.




Airtel, Voda Idea, Jio skip applying to BBNL tender  ETTelecom.com

Bharti Airtel, Vodafone Idea and Reliance Jio Infocomm have not applied for the government's ambitious broadband programme.

View full coverage on Google News



Stock Sell-Off Defies Everything the Bulls Hoped Would Stop It  BloombergQuint

Valuations aren't stopping it. Jerome Powell's softer tone failed to soothe anyone. The moratorium on tariffs is a fading memory and now the sturdiest chart level ...

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Maruti Ciaz continues to stay ahead of rivals Honda City and Hyundai Verna  RushLane

In the month of Nov 2018, Maruti Ciaz continued to stay at the No 1 position, ahead of Honda City, Hyundai Verna, Skoda Rapid and Toyota Yaris.






Air India offer: Grab cheap late night flight tickets for as low as Rs 1,379; check routes, flight details  The Financial Express

Air India offer: India's national carrier Air India has announced 'Night Flights' offer, using which flyers can book flights for as low as Rs 1379 (all-inclusive).


Ashoka Buildcon rises 8% on investment by Morgan Stanley in gas distribution biz  Moneycontrol.com

Ashoka Buildcon announced an Rs 150 crore investment commitment into its city gas distribution (CGD) business Unison Enviro (UEPL) by Morgan Stanley ...


What is talc, where is it used and why is asbestos a concern?  gulfnews.com

Talc is used in lipstick, mascara, blush, eye shadow, foundation and children's makeup.

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Multi-state GST, Input Tax Credit fraud detected  Moneycontrol.com

According to officials, the fraud was committed during the past one-and-half years through bogus business and fake invoices and e-way bills.


KTM 250 Duke ABS India Launch Next Month  ZigWheels.com

The quarter-litre KTM offering will come with a dual-channel ABS from January 2019.




Market Live: A strong start to the week as Sensex surges 200 points; Nifty above 10850  Moneycontrol.com

All sectoral indices are trading in the green, with metals, energy and pharmaceutical indices leading the top gainers' chart.


Good news for IT engineers! Tech recruitment to double in 2019  Times Now

IT jobs: New Year 2019 may bring good news for IT engineers as recruitment for technology graduates is going to double in the coming year.




Upcoming Ford Ecosport Rival Could Be Named Hyundai Leonis  GaadiWaadi.com

Hyundai Leonis will launch in the second quarter of 2019 to rival the Vitara Brezza, Tata Nexon, Ford EcoSport and Mahindra S201.

View full coverage on Google News


Royal Enfield Interceptor 650 Fuel Efficiency Test Report – City & Highway  GaadiWaadi.com

Royal Enfield Interceptor 650 has been tested extensively in both city and highway to find out its fuel economy and here are the results.


Sadbhav Infrastructure climbs 5% on amicable settlement between co, promoter and Montecarlo  Moneycontrol.com

Both the National Company Law Tribunal and High Court of Gujarat was pleased to dispose of the matter and accordingly the said legal matters now stands ...


Quick Take | Operational creditors getting a say in IBC proceedings could complicate bankruptcy code  Moneycontrol.com

In the insolvency food chain, secured financial creditors rule the roost at the all-powerful committee of creditors (CoC). But other creditors are also victims.



Why Treasuries Can’t Be a Weapon in the Trade War  BloombergQuint

As far as ideas go, the notion that Beijing has bargaining power over Washington by virtue of being America's largest creditor is an old chestnut. However, the ...

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