Capitalstars Updates: Infosys off-loads stake in ANSR Consulting Holdings : 30 Dec 2017

Infosys off-loads stake in ANSR Consulting Holdings IT major Infosys on Friday said that it has signed an agreement to divest its entire investment in ANSR Consulting Holdings. According to a BSE filing, Infosys had a minority investment in ANSR Consulting Holdings, Inc., a Delaware corporation. "... The company announces that it has on December 28, 2017 signed an agreement for divestment of its entire investment in ANSR Consulting Holdings, Inc., for a total consideration of USD 1,000,000," the filing said. Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations...

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Capitalstars Updates: Markets end lower on F&O expiry day; : 29 Dec 2017

Indian Indices: Indian shares ended lower for a second straight session on Thursday ahead of the expiry of derivatives contracts and on lingering concerns over government borrowing exceeding target. The S&P BSE Sensex and the CNX Nifty fell by 0.19% and 0.12% respectively. Indian markets ended lower on Thursday, tracking mixed cues from Asian peers, as gains in metal and realty stocks were offset by selling across PSU and oil&gas space. The market also witnessed some volatility amid expiry of December futures and options (F&O) contracts today. Bucking the trend, the broader markets ended higher, with S&P BSE MidCap and S&P...

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Capitalstars Updates: Metal stocks gain tracking firm global base metal prices : 28 Dec 2017

Prices of base metals such as aluminum, copper and lead rose overnight on the London Metal Exchange following further production cuts in China. Shares of metal and mining companies rose tracking gains in global base metal prices overnight. The Nifty Metal Index was up over 1% at 3,926.05 points. Prices of base metals such as aluminum, copper and lead rose overnight on the London Metal Exchange following further production cuts in China. Shares of Hindustan Copper, Hindalco Industries, National Aluminium Co, JSW Steel, Jindal Steel & Power, Vedanta, Tata Steel, Steel Authority of India and MOIL were up 1.2-7.1%. Hindustan...

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Capitalstars Updates: Sensex, Nifty remain firm; Sun Pharma, HUL stocks gain: 27 Dec 2017

The Sensex touched fresh all-time high ahead of the last two trading sessions of 2017. Today's gains were led by Sun Pharma, HUL and RIL. The BSE Sensex hit another record high on Wednesday on the back of a rally in healthcare, power and oil stocks. However, the NSE Index Nifty was trading flat. At 11:43 AM, the BSE Sensex was trading at 34,072, up 61 points, while the Nifty50 Index was ruling at 10,537, up 6 points. The Midcap Index hit a 52-week high today. Shares of oil exploration companies were trading higher after crude oil prices in international markets rose to highest level since mid-2015. Aban Offshore stock rises 3%....

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Capitalstars Updates: Jet Airways trades at 52-week high; stock up 6%: 26 Dec 2017

Shares of Jet Airways extended gains to the fifth straight session and rose nearly 6% to a 52-week high. The company has announced a flat 10% discount on base fares in economy class flight tickets and discounts of up to 15% on premier fares across 44 destinations, in a New Year sale. The sale, which started on Saturday, will end on January 2, the company said. In its five-session rise, the stock has gained as much as 15%. The stock is currently trading at Rs803.05, up by Rs45.25 or 5.97% from its previous closing of Rs757.8 on the BSE. The scrip opened at Rs761.95 and has touched a high and low of Rs807 and Rs758, respectively. ...

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Capitalstars Updates: Markets set to open lower; SGX Nifty trading at 10555: 26 Dec 2017

Indian Indices: SGX Nifty is trading @ 10555 . Equity benchmarks as well as broader markets closed at fresh records highs ahead of Christmas break. Tracking positive Asian cues and backed by Oil, Technology & banking sector nifty closed above 10500 milestone. The domestic equity benchmark indices are likely to open on a negative note today trading weakness in SGX Nifty futures on the Singapore stock exchange and mixed global peers.  Futures for December delivery, which were trading at 10,50, down by 30 points or 0.29%, at 11:22 AM Singapore time, also signaled a negative opening for the domestic equity bourses.The...

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Capitalstars Updates: OPENING BELL: 26 Dec 2017

NIFTY SPOT UP 10@10500 SENSEX UP 22@33960 BANK NIFTY FUTURES DOWN 55 @25612 CS NIFTY FUTURES (DEC) OVERVIEW TREND BEARISH RES2:10575 RES 1:10525 SUP1:10442 SUP2:10415 CS BANK NIFTY FUTURES (DEC) OVERVIEW TREND BULLISH RES 2:25825 RES 1:25795 SUP1:25575 SUP2: 25425 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 a free trial to our client.Join our services and trade with us.  Also, u can visit:- capitalstars quick payment capitalstars career Get...

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Capitalstars Updates: Natural gas likely to come under GST in 2018: 25 Dec 2017

It literally took the country by storm six months back when dozens of taxes and levies were rolled into one, but as the new goods and services tax (GST) stabilises, its ambit is now likely to be increased by including natural gas in next couple of months. On July 1, when the new national sales tax was implemented, it was decried as technologically tedious and expensive and had potential to torpedo political prospects of the ruling BJP. However, the government made numerous changes, including easing the tax filing process and reducing rates on over 200 items, to save the day for the party in Prime Minister Narendra Modi's...

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Capitalstars Updates: Nifty breaks out of a Cup and Handle pattern: 25 Dec 2017

Nifty has broken out from a Cup & Handle kind of a formation and also sustained above the same on the smaller time frame. This indicates that Nifty is all set to head towards the 10600 levels going forward. Nifty ended with smart gains on Friday erasing previous day’s losses. In fact, the index also went on to surpass the 10500 zone for the first time ever. Nifty has formed a bullish candle on the daily chart and on doing a smaller time frame analysis, Nifty has broken out from a Cup and Handle kind of a formation and also sustained above the same. This indicates that Nifty is all set to head towards the 10600 levels...

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