BPCL, ONGC pip Reliance in overseas fundraising : 31 Mar 2017

Thanks to aggressive acquisition of oil assets abroad, government-owned BPCL and ONGC are set to overtake Reliance Industries in overseas fundraising in 2016-17. Reliance was the topper among corporate India in raising funds during the past five years. The change in the league tables comes against a backdrop of a slowdown in fundraising by Indian corporates during the year. Overseas fundraising by Indian companies slowed to $19.02 billion in 2016-17 from $21.06 billion in 2015-16. BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance. ONGC raised $2 billion and State Bank of India raised $1.7 billion. Analysts...

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Cautious start likely: SGX Nifty trades flat : 31 Mar 2017

Indian Indices: The Indian benchmarks are set to open flat on Friday amid mixed cues from Asian peers. On the economic front, the 13th sitting of the GST Council will take place on Friday in the backdrop of four key Goods and Services Tax (GST) Bills - the Centre GST, the Union Territory GST, the Integrated GST, and the compensation law getting the Parliamentary nod. Also, the Government will unveil external debt data followed by infrastructure output data for the month of February, foreign reserves, bank deposit growth on a year-on-year (YoY) basis and bank loan growth.Muted trend in the SGX Nifty Index Futures for April...

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CS OPENING BELL : 31 Mar 2017

NIFTY SPOT DOWN 15 @9160 SENSEX DOWN 55 @29595 BANK NIFTY FUTURES DOWN 42 @21502 CS NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES2:9225  RES 1:9185 SUP1:9075 SUP2:9025 CS BANK NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES 2: 21555 RES 1:21425 SUP1: 21255 SUP2:21175 Looking for investment in Share Market, CapitalStars Financial Research Private Limited provides you best investments Tips in Share Market.It  daily provides intraday and Future calls.We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities. Get more details here:- Commodity...

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Reliance Jio claims it has converted 50 mn subscribers to Prime members : 30 Mar 2017

Mukesh Ambani-backed Reliance Jio Infocomm Limited, the latest entrant in India's telecom market, is closing in on turning 50 million Prime members out of the 100 million free subscribers the company was able to garner by offering disruptive 4G VoLTE services at no cost. "Out of 100 million-plus free subscribers, nearly 50 million have signed up for its 'Prime' membership by paying a one-time charge of Rs 99 and buying data packs," said an official at the company. Jio's promotional Happy New Year plan that offered free voice and data ends on March 31, 2017. The company has been offering Prime membership to its subscribers...

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Indices may open in Green: SGX Nifty to add support : 30 Mar 2017

Indian Indices: The Indian benchmarks are set to open marginally higher on Thursday backed by positive global and domestic cues on Thursday. The market is likely to react positively on Thursday after the Lok Sabha passed four crucial legislations to introduce countrywide Goods and Services Tax (GST) bringing India closer to a unified tax regime. But the market could remain volatile due to March F&O expiry today. Positive trend in the SGX Nifty Index Futures for March delivery, which were trading at 9153, up by 9 points or 0.10 per cent, at 10:34 AM Singapore time, signalled a flat to marginally higher opening for the domestic...

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CS OPENING BELL : 30 Mar 2017

NIFTY SPOT UP 11@9155 SENSEX UP 66@9155 BANK NIFTY FUTURES UP 22@21427 CS NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES2:9225  RES 1:9185 SUP1:9075 SUP2:9025 CS BANK NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES 2: 21555 RES 1:21425 SUP1: 21255 SUP2:21175 Looking for investment in Share Market, CapitalStars Financial Research Private Limited provides you best investments Tips in Share Market.It  daily provides intraday and Future calls.We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities. Get more details here:- Commodity...

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Dishman Pharma hits new high; stock surges over 35% in two days : 29 Mar 2017

Dishman Pharmaceuticals and Chemicals hit a fresh record high of Rs 322, up 16% on BSE on back of heavy volumes after the company on Tuesday said that its partner Tesaro Inc received US Food and Drug Administration (FDA) nod for cancer drug Zejula capsules. The stock of drug maker has rallied 39% in past two trading sessions from Rs 232 on March 27, 2017. “We believe that the increase in the stock price is based upon market estimation that we are one of the suppliers of the API for "Zejula" capsules, which got approved by the US FDA as per the press release given by Tesaro lnc,” Dishman Pharma said in a regulatory filing. Since...

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Bullish start seen on global support : 29 Mar 2017

Indian Indices: The Indian benchmarks are set to open higher on Wednesday amid positive global cues from its Asian peers. After ending Monday on a lower note, the market opened on a positive note, driven by a rally in the banks. Positive trend in the SGX Nifty Index Futures for March delivery, which were trading at 9140, up by 26.50 points or 0.29 per cent, at 10:34 AM Singapore time, signalled a higher opening for the domestic bourses. On Tuesday, the Indian equity benchmarks rebounded strongly on sustained foreign inflows, following rally in Asian markets as investors shrugged-off President Trump’s failure to push through his...

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CS OPENING BELL : 29 Mar 2017

NIFTY SPOT UP 20@9120 SENSEX UP 67@29475 BANK NIFTY FUTURES UP  37@21275 CS NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES2:9225  RES 1:9150 SUP1:9065 SUP2:8975 CS BANK NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES 2: 21475 RES 1:21350 SUP1: 21150 SUP2:21025 Looking for investment in Share Market, CapitalStars Financial Research Private Limited provides you best investments Tips in Share Market.It  daily provides intraday and Future calls.We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities. Get more details here:- Commodity...

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Uber, Ola out of GST ambit, shopping vouchers to be taxed at redemption : 28 Mar 2017

Four Bills for the proposed goods and services tax (GST) regime, which were introduced in the Lok Sabha on Monday by Finance Minister Arun Jaitley, did not mention cab aggregators such as Ola and Uber, but experts say these may draw up to one per cent tax collected at source (TCS) under the definition of e-commerce marketplaces. The exact nature of taxing these cab aggregators is likely to be detailed in the rules.  Also, buses, including minibuses and pick-up vans, carrying more than 10 individuals, will not be subject to an extra cess under the proposed regime.  The legislation has been introduced as money Bills,...

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Markets open in red; Healthcare stocks plunge : 28 Mar 2017

Indian Indices: Equity benchmarks saw a higher opening, driven by a rally in the banking stocks and tracking the global cues. Banking stocks Axis Bank, ICICI Bank were among the top gainers on both the indices, while GAIL and ONGC were a drag. After ending Monday on a lower note, the market opened on a positive note, driven by a rally in the banks. The 30-share Sensex was up 109.42 points at 29346.57, while the Nifty was up 43.15 points at 9088.35. The market breadth was healthy as 746 shares advanced against a decline of 189 shares, while 39 shares were unchanged. Banking stocks such as Axis Bank, ICICI Bank were among the...

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CS OPENING BELL : 28 Mar 2017

NIFTY SPOT UP 42@9087 SENSEX UP 115 @29352 BANK NIFTY FUTURES UP 112 @21212 CS NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES2:9225  RES 1:9185 SUP1:9025 SUP2:8975 CS BANK NIFTY FUTURES (MARCH) OVERVIEW TREND BULLISH RES 2: 21375 RES 1:21255 SUP1: 20955 SUP2:20725 Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us.  Get more details here:- Commodity Market Tips Equity Tips Share Market...

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SBI workforce may see 10% reduction by 2019; hiring to fall by 50%: MD : 27 Mar 2017

The total workforce of the country's largest lender -- State Bank of India (SBI) -- will see a reduction over the next two years, after the merger with six entities, owing to attrition, reduced hiring and digitisation, a top official said. "Manpower will go down with the period of time. Around 10 per cent reduction in two years may be a possibility," Rajnish Kumar, SBI managing director, told IANS in an interview. Currently, the public lender has around 207,000 workforce and the merger of six entities -- SBBJ (State Bank of Bikaner and Jaipur), SBM (State Bank of Mysore), SBT (State Bank of Travancore), SBP (State Bank of...

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