News Update @Capitalstars: Vedanta, Airtel in news; Wockhardt, Ambuja Cements earnings today

Indian Indices: 

The Nifty closed at 10,679.70 on Thursday. According to Pivot charts, the key support level is placed at 10,644.6, followed by 10,609.5. If the index starts moving upwards, key resistance levels to watch out are 10,717.7 and 10,755.7. Bears gained control over D-Street right at the onset and pushed the Nifty50 below its crucial psychological support level of 10,700 on Thursday making a bearish candle on the daily candlestick charts.

Global Market:

• Asian markets- Shares in Hong Kong are lower today as the Hang Seng falls 0.47%. The stock markets in Tokyo and Shanghai are closed at this time

• U S Markets: The Dow Jones Industrial Average rose 37.37 points, or 0.16 percent, to 23,962.35, the S&P 500 lost 3.97 points, or 0.15 percent, to 2,631.7 and the Nasdaq Composite dropped 3.73 points, or 0.05 percent, to 7,097.16.

• European markets finished lower today with shares in Germany leading the region. The DAX is down 0.88% while London's FTSE 100 is off 0.54% and France's CAC 40 is lower by 0.50%.

Major Headlines of the day:

• Hexaware Tech: The company has declared payment of interimdividend at Re 1 per share on equity shares of Rs 2 each. The record date for interim dividend is fixed as May 15, 2018 to ascertain the number of shareholders of the Company entitled for the payment of interim dividend.

• PNB Housing Finance: Q4 consolidated net profit up 0.8 percent at Rs 219.2 cr; revenue up 9.1 percent at Rs 1,570 cr YoY

• L&T Finance Holdings: Q4 profit up 30 percent at Rs 409 cr; revenue up 27 percent at Rs 2,748.34 crore YoY; gross NPA at 4.80 percent versus 5.49 percent and net NPA at 2.34 percent versus 2.87 percent QoQ

• Vedanta: Q4 net profit up 34.3 percent at Rs 5,675 crore; revenue up 22.7 percent at Rs 27,630 crore YoY

• Thirumalai Chemicals: Q4 consolidated net profit at Rs 39.7 crore versus Rs 19.1 crore; revenue up 7.9 percent at Rs 330.7 crore versus Rs 306.6 crore YoY; recommends stock split from Rs 10 to Re 1 and dividend of Rs 20 per share

• HCC: Q4 consolidated loss at Rs 1,090 crore versus loss of Rs 982.6 crore; revenue up 2.7 percent at Rs 10,132 crore YoY

• Adani Ports: Q4 net profit down 20.6 percent at Rs 926.8 crore; revenue up 42.6 percent at Rs 3,182.9 crore YoY

Trend in FII flows:- 

 The FIIs were Net Value of Rs -148.42 the cash segment THURSDAY while the DIIs were Net Value of Rs -578.92 as per the provisional figures.

TODAY ON EARNING FRONT:- NIIT TECH, GODREJ PROP, GE SHIPPING, CAPITAL FIRST, BHAGARIA INDU, AMBUJA CEMENT

Securities in Ban For Trade Date 04-MAY-2018 :- 

1.IRB Infrastructure, 
2.PC Jeweller, 
3.Jet Airways and 
4.Just Dial

Click here for Our Best Services

Free Commodity Tips 

Precious Metal Pack is one of our packages for MCX Traders. In this package, we provide Accurate Mcx Tips & Free Commodity Tips i.e. gold tips & silver tips

             

Equity Tips

Stock Cash Intraday Trading tips are completely based on technical analysis and charting. U can also get stock market live update news, equity intraday tips.

Free Intraday Tips

Capitalstars is a best Investment share market Advisory Company in India We provide accurate Intraday Tips, Free Tips, free intraday tips

Read More

Personal finance this week: When to change your asset allocation; how Mumbai realty prices react to new plan

This week in personal finance: When to change your asset allocation; how Mumbai property prices will react to new development plan.

The results season is well on under way. Some companies have done better that expected with their stocks showing strong trend while others have disappointed with below expected performance. Markets can give unexpected results and as an investors one has to be on their toes to rebalance their portfolio whenever required.

While markets witness volatility, asset classes in general are also impacted by political and economic events. They are often impacted re impacted differently due to different external developments. The investment that you made may give good returns or may go wrong because of emerging circumstances.

Also there may be personal developments liking a sudden windfall coming your way or a job loss. These are situations when you need to consider altering your investment asset mix to suit the emerging scenario. Here are five situations when you should consider changing your asset allocation.

The best way forward for investing is being systematic. Trying to time the market is fraught with danger of losing money. What comes in handy is the concept of investment-cost-averaging (also called rupee-cost averaging in the Indian context) helps an investor in reducing their cost of holdings during market volatility or market corrections.

Manish Kothari, Director of Mutual Funds, Paisabazaar.com said that cost-averaging is a wealth-building approach of investing a fixed amount of money at periodic intervals. While the amount invested remains same at each interval, the number of mutual fund units or shares purchased would vary depending on the market levels. So, when the market is up, you will buy fewer units and when it is down, you will buy a higher number of units due to lower cost per unit.

Here are the five essential facts to know about the Investment-Cost Averaging benefit.

Another basic of financial planning is to set one’s goals and working to create a corpus for it. As per categorisation of schemes by SEBI, ‘solution-oriented schemes’ is one of the products that the AMCs can operate. Currently, these schemes cover goals like retirement and child’s education.

“This is a new category of equity mutual fund schemes. Earlier these schemes were treated as general equity or balanced schemes. In the future, we expect more schemes to get launched by AMCs under solution oriented category for ‘Child’s Marriage’ or ‘Dream Home’ goals," said Prateek Mehta, CEO and co-founder of Upwardly.in.

How good would these schemes be as a means to meet your financial goals? Read to know whether these would work for you.

The RBI recently dealt a heavy blow to cryptocurrency trading in the country by banning its regulated entities from dealing with crypto exchanges. However, even as the RBI directive became operative, cryptocurrencies have shown substantial rise once again during April with reports suggesting that Bitcoin rose 36 per cent during the month and coming close to $10,000. It had slipped to $6500 levels at the beginning of the month. While Ethereum gained 56%, Ripple moved higher by 68%.

Is there a way for you to participate in the cryptocurrency market despite the RBI ban? Market players say that there still is a possibility of taking positions in the cryptocurrencies in India. This has to be done without making or receiving payments in actual currency. Here is how you can still be trade in cryptocurrency as an Indian investor.

Besides investing, have you got that insurance cover for yourself? If you have bought a cover, have you asked yourself whether it is adequate? Are you buying the policy just to save on tax or choosing the one with the lowest premium outgo? These might not be wise things to do. Read to know why you need to change your approach.

Similarly, you need to think about the adequate level of health insurance cover for you and your family. Buying health insurance is one of the simplest things to do given the abundance of information and ease of purchase online. Here are a few mistakes you must avoid.

On the housing front, the Mumbai Development Plan 2034 has opened up 3,700 hectares of land that was earlier designated as no-development zone (NDZ) for construction of residential real estate, homebuyers can expect housing units of 30 sq m to be available in the range of Rs 60 lakh to Rs 75 lakh.

Experts say that going forward with more housing stock getting added in the affordable category, prices may correct by 10 to 15 per cent but this is possible only if the increased Floor Space Index (FSI), promised under the blueprint for the city’s development for the next 16 years, is available at rational prices and not at a premium.

Click here for Our Best Services

Free Commodity Tips 

Precious Metal Pack is one of our packages for MCX Traders. In this package, we provide Accurate Mcx Tips & Free Commodity Tips i.e. gold tips & silver tips

             

Equity Tips

Stock Cash Intraday Trading tips are completely based on technical analysis and charting. U can also get stock market live update news, equity intraday tips.

Free Intraday Tips

Capitalstars is a best Investment share market Advisory Company in India We provide accurate Intraday Tips, Free Tips, free intraday tips

Read More