ICICI Bank among top 5 stocks

According to Sandip Sabharwal, asksandipsabharwal.com, as and when the economy recovers the greater operating leverage is in mid-caps which will play out over the next two years.

Any significant decline from here is unlikely given that inflation differentials between India and the USA are very low now and INR has already fallen 10 percent this year, he said.

The outlook on global equity markets, and as such for India, are positive. The economic growth outlook is strong, inflation benign and central bank interest rates are still accommodative for the growth.

merging Markets (EMs) have seen a sell-off led by China fears and Dollar Index up move. However, this has bought the markets to extremely oversold levels on an overall EM analysis. As such, flows to EMs are likely to pick up going forward and India will also benefit

If this is the right time to go out and buy – which theme according to you holds most potential? Is it the large-caps space or mid-caps and why? Also, what should be the criteria of picking companies?

The greater value is in midcaps today given the sell-off seen in this space. A large part of the large-cap universe, especially retail banks and consumer stocks, is somewhat overvalued despite strong growth fundamentals.

Capital Goods and infrastructure stocks, select pharmaceutical stocks and individual stocks in the mid-caps offer value. The criteria have to be valuations relative to growth prospects. Looking into the rearview mirror to forecast the future is not a great idea.

Rupee is posing as a big headwind for Indian markets. Do you think we could hit Rs 71-72/USD in the next 6 months? What will be its implications on stocks, and economy?

he rupee is not a headwind as long as we are in line with other EM currencies. The Chinese Yuan and INR have fallen the same. Currencies have no absolute value, it is all relative.

Any significant decline from here is unlikely given that inflation differentials between India and the USA are very low now and INR has already fallen 10 percent this year

pre-opening trade

Nifty above 11,650 in pre-opening trade, Sensex higher by 

over 150 points

Rupee opens:The Indian rupee gained in the opening trade on Monday. 

opened higher by 15 paise at 69.76 per dollar versus 69.91 Friday.

On Friday, Rupee rose following weakness in the dollar against its major 

crosses and ahead Fed chairman statement at the Jackson Hole Symposium. In 

the recent past, rupee has been under pressure primarily on back of global 

factors than domestic factors, said Motilal Oswal.

Market at pre-open: It is likely to be a good start to the Monday morning 

as pre-opening rates point to a positive opening. 

At 09:01 hrs IST, the Sensex is up 122.34 points or 0.32% at 38374.14, 

while the Nifty is up 94.10 points or 0.81% at 11651.20. 

autonomy and privacy of citizens: Congress

Ram Vilas Paswan calls for broader consensus in setting up Indian judicial  stock market services

The district-level agitations will be held from September 7 to 15, while the state-level agitations will be organised from September 16 to 30.

The Congress has also set up a separate control room at the party headquarters here to monitor district-level agitations

Please ensure that a massive state-level agitation and a march to the Governor's House for submission of memorandum to the Governor," party general secretary Ashok Gehlot has said in a letter to the party's state unit chiefs.

According to party sources, the Congress will make the alleged Rafale scam a 'poll issue' and target the Modi dispensation over its claim of corruption-free governance.

The Congress has accused the Modi government of not disclosing the price of the aircraft and alleged that the price was three times higher than that negotiated during the UPA dispensation with France's Dassault Aviation, the manufacturer of the aircraft.

Stuck in a stock

Stuck in a stock market where trading will be suspended soon? Experts suggest investors to exit.

If the listed entity remains not compliant for six months after suspension, then the trading will stop completely.

Recently, BSE and NSE said trading in nine stocks will be suspended. These companies, including well-known names like Gitanjali Gems, Amtek Auto, are under scanner for not complying with listing norms pertaining to submission of financial results.

The Modi government has been stringent with regards to shell companies and compliance with market nomrs. The corporate affairs ministry (MCA) and even the regulators — RBI and SEBI — have hinted that non-compliance will not be tolerated.

The number of cases has gone up where investors have suffered because of company management decisions. In some cases, oversize debt or overambitious projects destroyed companies' or even forced them into bankruptcy.

Experts who Moneycontrol spoke to said companies which don't comply with regulations are better avoided.

The framework (LODR - Listing Obligations and Disclosure Requirements - Regulations) was put in place as a stronger mechanism to check non-compliance of listing conditions, wherein exchanges will have powers to freeze promoter shareholding and even delist the shares of such defaulting companies," Prashanth Tapse, AVP Research, Mehta Equities told Moneycontrol.

The exchanges said if any company complies with the provisions of the LODR (Listing Obligations and Disclosure Requirements) Regulations on or before the date prescribed by the exchanges, the trading in its security will not be suspended.

The BSE asked companies to comply with regulations by September 4 and in case of NSE, the date is September 5.

Trap of Badly-run Companies

If someone is caught in such a trap then it would be difficult for one to exit as the value of shares either would be far below their buying price or they would have to keep hoping for improving performance which can give them better valuations.

Bet on these top 20 stocks

earnings review: Bet on these top 20 stocks that could return up to 86%

Experts expect the rally to continue going forward, but volatility may increase as we are moving closer to state and general elections
The northward journey that started in July, following sideways movement in the April-June quarter (after a correction in February and March) continued in August, helping benchmark indices scale fresh highs.

In line to better-than-expected earnings, stability in crude oil prices, sustained domestic inflows and easing trade war tensions after renewed talks between the US and China boosted investor sentiment.
In the last two months, benchmark indices rallied 8 percent. The BSE Midcap and Smallcap indices rose 7 percent and nearly 6 percent, respectively, though the year-to-date performance of all these indices is mixed. The Sensex climbed over 12 percent and Nifty nearly 10 percent, but the midcap and smallcap indices lost 7 percent and 12 percent, respectively.
Experts see the rally continuing going forward, but the volatility may also increase as we are move closer to states and general elections.
If the September quarter earnings,  which will begin in October, improve further, then the market may see new highs, experts said, adding that any sharp selling could be because of global reasons and not domestic.
Analysis of the Q1 FY19 results indicate that an earnings recovery, which we were expecting in the current and next financial year, is on track. So far, results have largely been in line or better-than-market expectations," ICICI Direct Research said.
Overall, the research house maintained its optimistic outlook on the equity market. "With the forecast of normal monsoons and firm rural demand, amid a pick-up in industrial activity, we expect the Sensex to be on track to stage an impressive earnings recovery, growing in excess of 20 percent CAGR in FY18-20e."
Inflows into domestic mutual funds remained strong despite some moderation in the last few months. Average monthly inflows into equity oriented funds, including the equity component of balanced funds in the first four months of FY19, is around Rs 14,000 crore. The same during the four months of FY18 was Rs 21,500 crore. Inflows from systematic investment plans have seen a consistent rise and stood at Rs 7,500 crore in July.
The outlook for the company remains strong for the upcoming years, backed by the aggressive expansion plans taken up by the company in the past few years and positive market condition. The diversified business model of the company shields the companies earnings from any unfavourable situation.

Stocks where Q1 PAT grew 100%

Strong earnings have helped D-Street to skyrocket to fresh record highs in the last two months and stocks which rose in anticipation of good earnings in the small & midcap space delivered over 100 percent net profit growth.
The June quarter earnings were largely in-line with expectations boosted by low base due to demonetisation and GST, but experts are building a case for earnings recovery which could well play over next two quarters.
For the first quarter, earnings were led by consumption and commodity companies, with metals and oil & gas accounting for more than 100 percent of the incremental earnings growth, suggest experts.

Within the consumption pack, auto lagged with a broad-based miss on profits and consequent earnings downgrades.

The Q1FY19 net profits of the Nifty50 index grew 12.3 percent which was 2 percent above our estimates due to lower losses of certain PSU banks. We model 20% growth in net profits of the Nifty-50 ndex for FY19 (down from 23% before 1QFY19 results season) and 24% for FY20,” Kotak Institutional Equities said in a note

However, valuations are heady and macro weak and faces growing risks from a large number of global issues. We note that 2-year growth numbers (CAGR) are quite mediocre, raising concerns about the strength and sustainability of the ongoing economic recovery, which is led by consumption demand. On the other hand, the Indian banking NPLs seem to be peaking and resolutions moving ahead, a good sign,” it said.

Strong earnings have helped D-Street to skyrocket to fresh record highs in the last two months and stocks which rose in anticipation of good earnings in the small & midcap space delivered over 100 percent net profit growth.

Stocks in the small & midcap space which have already more than doubled investor wealth in 2018 gave stellar results in June quarter where net profit grew by more than 100 percent. The list includes names like Dolat Investments, Graphite India, Mangalam Organics, Nelco, Excel Industries, India Glycols, Merck, Muthoot Capital, Jubilant FoodWorks, and L&T Technology Services, according to data compiled by AceEquity.,

Data suggests that top stocks when filtered from highest to lowest returns flagged these 10 stocks in which net profit grew by over 100 percent on a year-on-year basis. Are these top buys? Well, maybe not, at current levels, say experts.

changed for the market

The Nifty50 after opening sharply higher above psychological 11,400- stock market  extended rally to move near its intraday record high and finally ended at record closing high on Friday, driven by broadbased buying.
The index formed bullish candle on the daily candlestick charts as well as weekly scale. It closed half a percent higher for the truncated week.
The broader markets also participated in the rally today with the Nifty Midcap index rising over a percent while all sectoral indices ended in the green with Nifty Bank, FMCG, Metal and Pharma rising 1-2 percent.
The Nifty50 started off session above 11,400 levels at 11,437.15 and rallied further during the day to touch an intraday high of 11,486.45 but failed to reclaim its intraday record high of 11,495.20 seen on August 9. The index ended at record closing high of 11,470.75, up 85.70 points.
Volatility in the market has again started coming down from the proximity of 14 percent. Today the India Volatility Index fell by 3.48 percent to 13.17.
According to Pivot charts, the key support level is placed at 11,439.57, followed by 11,408.33. If the index starts moving upwards, key resistance levels to watch out are 11,494.27 and 11,517.73.

The Nifty Bank index closed at 28,128.55, up 302 points on Friday. The important Pivot level, which will act as crucial support for the index, is placed at 27,995.54, followed by 27,862.47. On the upside, key resistance levels are placed at 28,219.93, followed by 28,311.27.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 42 points or 0.37 percent. Nifty futures were trading around 11,520- level on the Singaporean Exchange.

PNB Housing hikes

PNB Housing Finance, the country’s second-largest housing finance company by deposit book size, has launched the facility of online deposits both on its website and mobile app.
Not only this, the company is also offering an attractive rate of interest of up to 8.45% per annum for a 44-month deposit, marking a rise of 35bps over the last ROI.

PNB Housing is adept in bringing the highest level of convenience and unparalleled service to its customers. It thrives on digital interventions that bring ease in transacting with the company, from anywhere and anytime.
The latest addition will allow applicants to create deposits in just three simple steps with the help of e-KYC and digital signatures. The auto-renewal and online redemption are other distinct advantages of the feature. 
PNB Housing Finance Executive Director and Business Head Shaji Varghese said, “Online deposits facility is a relatively new service in the housing finance sector. The paucity of time for many has led to the expectation of getting every service at a touch of a button and our online FD service does just that.
In fact, the auto-renewal and online redemption features are novices in the sector. So anyone can create an FD without having the need to walk into a branch or call customer care, that too, anytime anywhere in just about 10 minutes. As the entire process is automated, it eliminates the need for physical KYC.”
PNB Housing Finance is one of the few deposit-taking housing finance companies (HFCs) offering competitive interest rates. As on June 30, 2018, the deposits book size stands at Rs11,724cr. The company stands fifth among leading HFCs with assets under management at Rs68,578cr as on June 30, 2018.
RESULT OUTCOME: IN LINE WITH ESTIMATE
Revenue growth of 23% yoy in Q1FY19 came on a high base of Q1FY18 (up 33% yoy). The company kept a lid on its operating costs which led to margin expansion on qoq and yoy basis. BFL is setting up an aluminum forging facility in BF PMT in Tennessee, USA, at an investment of $55mn. The facility will commence production in CY20 and will cater to the car market in North America. The management has guided for strong capex over the next two years: Rs500cr in FY19 and Rs400cr in FY20. Record sales of North American Class 8 trucks augur well for BFL, which derives significant revenues from that segment. At CMP, the stock trades at 21x FY20E EPS.

MARKET WRAP

Nifty at new high, Sensex up 284 pts; banks, FMCG stocks rally

Among key stocks, the fast moving consumer goods (FMCG) major ITC rose over 2 per cent to end at Rs 313 levels on the BSE. The stock hit a fresh 52-week high of Rs 315 earlier today.

The benchmark indices settled higher on Friday taking cues from their Asian peers.

The S&P BSE Sensex ended at 37,948, up 284 points while the broader Nifty50 index settled at a new high of 11,471 levels, up 86 points.

Among key stocks, the fast moving consumer goods (FMCG) major ITC rose over 2 per cent to end at Rs 313 levels on the BSE. The stock hit a fresh 52-week high of Rs 315 earlier today.

ICICI Bank and State Bank of India also ended higher in a range of 1.8 to 3.0 per cent on the BSE.

Among sectors, the Nifty Pharma index ended higher for the fourth straight day, hitting an over six-month high on the National Stock Exchange (NSE). Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, Glenmark Pharmaceuticals, Lupin, Aurobindo Pharma and Cadila Healthcare from the index, were up in the range of 1 per cent to 4 per cent on the NSE.

The money and bond markets are closed today on account of Parsi New Year.

Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.46 per cent, a day after it hit its lowest level in a year. Japan’s Nikkei advanced 0.5 per cent.

The gains came after a Thursday rebound in US markets, with a string of positive news ranging from strong corporate earnings to reports of a revival in US-China trade talks all boosting investor sentiment.

The meeting is set to take place as the world’s two largest economies are due to slap tariffs on billions of dollars of each other's goods on August 23, 2018, in addition to levies that took effect on July 6, 2018.

The Turkish lira strengthened against the dollar on Friday as investors weighed up a US warning that Turkey should expect more economic sanctions unless it hands over detained American pastor Andrew Brunson.

Oil prices

Oil prices fall amid fears over global economic growth
Fuel Price Hike | Petrol price unchanged at Rs 84.63/litre, while diesel price increased by 8 paise to Rs 73.10/litre in Mumbai.
Trump says in 'no rush' to get NAFTA deal 

President Donald Trump has said he was in "no rush" to complete a deal to rewrite the trade pact with Mexico and Canada, reports PTI. As Mexican officials were gathered in Washington for talks with US Trade Representative Robert Lighthizer, Trump said at a cabinet meeting, "if you can't make the right deal, don't make it."
Public queues up outside Vajpayee's residence to pay homage
Hundreds of people queued up here outside the residence of former Prime Minister Atal Bihari Vajpayee this morning to pay their last respects to the departed leader, reports PTI. Heavy security arrangements, including a deployment of police, traffic and paramilitary personnel, were in place around the 6-A Krishna Menon Marg bungalow in the Lutyens Delhi.
Oil prices fall amid fears over global economic growth

Oil prices fell on Friday, with US crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products, reports Reuters.

Atal Bihari Vajpayee

 Mortal remains of former PM to lie in state at BJP HQ

The mortal remains of former Prime Minister Atal Bihari Vajpayee will be kept at BJP Headquarters in New Delhi from 9 am to 1 pm for final tributes. Vajpayee's last rites to be held at Rashtriya Smriti Sthal at 4pm.

Students place candles around a painting featuring India's former prime minister Atal Bihari Vajpayee to pay him homage in Mumbai. 

The mortal remains of former Prime Minister Atal Bihari Vajpayee will be kept at BJP Headquarters in New Delhi from 9 am to 1 pm for final tributes.

Vajpayee's last rites to be held at Rashtriya Smriti Sthal at 4pm, CNN-News18 has reported.  

President Ram Nath Kovind and First Lady Savita Kovind offers condolence to Namita Kaul Bhattacharya, adopted daughter, and Niharika Bhattacharya, grand daughter as Prime Minister Narendra Modi, Vice President Venkaiah Naidu and BJP President Amit Shah stand with others looks on as they  tribute to former prime minister Atal Bihari Vajpayee, at his Krishna Menon Marg residence, in New Delhi on Thursday.

(PTI)

“If we want to remember Atal ji, we should try to absorb some of that civility, inclusiveness into our own discourse and conduct in public life,” says Arun Shourie.

Andhra Pradesh Chief Minister N Chandrababu Naidu: Today nation lost a great statesman. He was a believer of national development. During Kargil also we have seen his statesmanship and great fighting spirit. He brought so many reforms. I had a very good rapport with him. We never had any differences.

निफ्टी क्या है

 निफ्टी नेशनल स्टॉक एक्सचेंज का सूचकांक है. निफ्टी नेशनल  स्टॉक एक्सचेंज पर सूचीबद्ध 50 प्रमुख शेयरों का सूचकांक है. निफ्टी दो शब्दों को मिला कर बना है NATIONAL और FIFTY.

इससे यह प्रतीत होता है कि निफ्टी शब्द नेशनल स्टॉक एक्सचेंज पर सूचीबद्ध सर्वोच्च पचास शेयरों पर आधारित है. निफ्टी की चाल से आपको बाजार की चाल का हाल मालूम हो जाता है. यदि निफ्टी में तेजी है तो आप मान सकते हैं कि बाजार में भी तेजी है. यदि निफ्टी में गिरावट है तो आप मान सकते हैं कि बाजार में भी गिरावट है.  हालाँकि निफ्टी केवल पचास शेयरों की कीमत के आधार पर ही गिना जाता है फिर भी निफ्टी की दिशा बाजार की दिशा का  भी संकेत देती है.
BSE तथा NSE भारत के प्रमुख शेयर बाजार हैं जहां शेयरों की ट्रेडिंग होती है. सेंसेक्स तथा निफ्टी इनके प्रमुख सूचकांक हैं.
सेंसेक्स की ही तरह निफ्टी नेशनल स्टॉक एक्सचेंज पर मुक्त फ्लोट बाजार भारित शेयर बाजार सूचकांक (free-float market-weighted stock market index) है. किसी भी कंपनी के बाजार पूंजीकरण Market Capitalization का वह हिस्सा जो बिकने के लिए बाजार में उपलब्ध हो सकता है  वह फ्री फ्लोट बाजार पूँजी होगी और उसी के आधार पर निफ्टी की भी गणना की जाती है. पचास शेयरों के इसी इंडेक्स को निफ्टी कहते हैं.
मुक्त फ्लोट बाजार भारित शेयर बाजार सूचकांक (free-float market-weighted stock market index)  में इंडेक्स की कैसे गणना की जाती है गणना का पूरा तरीका आप Sensex in Hindi पर देख सकते हैं. निफ्टी का आधार वर्ष 1995 है और आधार अंक 1000 है. इस सूचकांक की गणना 3 नवम्बर 1995 से की जाती है और इस दिन सूचकांक का आधार 1000 माना गया है.

आज यदि निफ्टी का मूल्य 8000 के करीब है, तो इसका मतलब यह है कि निफ्टी के शेयरों की कीमत  1995 के मुकाबले अब तक 800% तक बढ़ चुकी है.

यह मेरी कोशिश थी Nifty in Hindi में समझाने की.  उम्मीद है कि आपको समझ आ गया होगा कि निफ्टी क्या है और इस का क्या महत्व है.

Netflix CFO

Netflix CFO David Wells to step down

Wells intends to resign after helping the company find a successor. The search will include both internal and external candidates, the company said.

external candidates, the company said.

Netflix Inc's Chief Financial Officer David Wells plans to step down, the company said on Monday.

Wells intends to resign after helping the company find a successor. The search will include both internal and external candidates, the company said.

Wells joined Netflix in 2004, two years after the company went public, and has served as CFO since 2010.

The company's shares were down nearly a percent at $342.50 before the bell.

But when contacted a UTI spokeswoman refused to confirm the development saying "there is no official world from the board yet."

The continuance of Puri, who joined the then struggling AMC in 2013 from Warburg Pincus, came under shadow after the domestic investors-- SBI, LIC, PNB and BoB who own the remaining 74 per cent in equally--locked horns with T Rowe Price, following which he refused an extension citing a divided board.

Puri, a dual Masters from Oxford and Cambridge University, has spent over 30 years in the field, joined the found house from Warburg Pincus India where he was the managing director, prior to which a director and senior advisor with McKinsey & Company.

Puri has been on the boards of Infosys, Max New York Life and Max Bupa Health Insurance and Bennett Coleman & Co among others.

As Flipkart-owned eBay India shuts shop on August 14

As Flipkart-owned eBay India shuts shop on August 14, its products will now sell on a new platform

Flipkart will now launch a new platform to sell refurbished goods in an attempt to tap into the  stock market of pre-owned goods, which as of now, is largely unorganised
Flipkart is set to shut down the operations of eBay India on August 14, marking an end to the strategic partnership that began in August, last year.

Flipkart will now launch a new platform to sell refurbished goods in an attempt to tap into the market of pre-owned goods, which as of now, is largely unorganised.
The transition page of eBay India states that the platform will stop accepting new orders from 14th August 2018. Moreover, purchases worth less than Rs 250 and more than Rs 8,000 will not be permitted on eBay.in.

Customers will not be able to use their pre-existing eBay account to make purchases on Flipkart and will have to register as a new user for the same.
t further stated that all purchases made or returns furnished up to August 14, will be protected by eBay Guarantee. Also, the purchase history of every user will be available on My PaisaPay and My eBay.
Late last month, Flipkart CEO Kalyan Krishnamurthy in an email to his employees stated that the company will launch a new platform for refurbished goods, immediately succeeding the termination of all customer transactions on eBay.in.
As part of the deal, eBay invested USD 500 million for an equity stake in Flipkart and handed over all operations of eBay India to Flipkart.
eBay announced the end of the strategic partnership in May this year, stating that it will relaunch eBay India with a differentiated offering to focus on cross-border trade.

Trade Setup for Monday

Top things to know before Opening Bell

1. Maximum call open interest (OI) of 41.51 lakh contracts was seen at the 11,500 strike price. This will act as a crucial resistance level for August series.
2. Finally bears managed to take control at Dalal Street as the Nifty50 snapped a five-day winning streak on August 10. The index after opening lower remained in the negative territory throughout the session, forming a bearish candle on the daily charts and Spinning Top pattern on the weekly scale.
3. The index continued to gain for a third consecutive week, rising 0.6 percent taking the total three-week gain to 3.8 percent.
4. The 30-share BSE Sensex lost 155.14 points to 37,869.23 and the Nifty Midcap index participated in the fall, shedding half a percent while the sectoral trend was mixed.

The Nifty50, after opening lower at 11,474.95, extended losses as the day progressed and hit an intraday low of 11,419.65, dragged by banking and financials, and metals. The index closed 41.20 points lower at 11,429.50.

Experts expect the market to consolidate for a while before moving up further and crossing 11,500 levels. But if the index breaks 11,400-mark then it can see some more selling pressure, said an expert.

He said on the downside, critical support on short term charts appears to be placed around 11,373 levels, a breach of which will not only confirm a short term top around 11,500 levels, but has the potentials to extend this downswing towards 11,230 kind of levels.

Key support and resistance level for Nifty

The Nifty closed at 11,429.50 on Friday. According to Pivot charts, the key support level is placed at 11,406.53, followed by 11,383.57. If the index starts moving upwards, key resistance levels to watch out are 11,465.63 and 11,501.77.

Bulk Deals

Goldstone Tech: Navy Stock Consultant Private Limited bought 1,60,000 shares of the company at Rs 20.35 per share on the NSE.

Laurus Labs: Nagarani Chava bought 5,70,000 shares of the company at Rs 444.99 per share on the NSE.  

HCL Tech to launch mega recruitment drive in Lucknow

The recruitment will be made in the engineering as well as the non-engineering segments, HCL Technologies Executive Vice President Sanjay Gupta said.

BTST-TIP :- BUY HCLTECH BTWN 964-966 TGT 972-982 WITH SL 956

IT services major HCL Technologies today said it will hire around 1,000 young people from the city and its neighbourhood in a three-day mega recruitment drive here from August 10 to 12.
The recruitment will be made in the engineering as well as the non-engineering segments, HCL Technologies Executive Vice President Sanjay Gupta said.
"While 350 of the new recruitments will be selected from those who are experienced, the remaining 650 will be freshers," he said in a press conference here.
The freshers will be given training by the company and during their training period they would get a stipend, he said.
Gupta, who is also Program Director (New Vistas), said that in a drive in Noida in the first week of August, 700 were recruited  520 freshers and rest experienced in engineering and non-engineering fields.
He said HCL had tied up with banks to provide loans for the training, which would be repayable in easy instalments from the employees' salary once they get confirmed.
intraday stock cash tips
While the training cost for engineers is Rs 2 lakh, for the non-engineers it is Rs one lakh, he said.

Gupta, who is currently leading HCL's foray into new locations in the country, said even bright students could apply after doing their 10 plus 2 if they come from science background and have mathematics as one of their subjects.

HCL started its operation in Lucknow in October 2016 and in less than two years it has created over 2,500 jobs for local people, he said, adding that the company has invested over Rs 600 crore in the last three years in its project in the state capital.

Gupta said a number of people migrate from tier II locations to work in metros and such opportunities by HCL would help them "stay rooted" in their native place and also help stem attrition and bring more stability to HCL's operations.

Overcome the Investor

 Overcome the Investor's Worst Enemy

To paraphrase legendary investor, Ben Graham, the investor's worst enemy is often himself. Perhaps the biggest mistake an investor can make is allow themselves to be blinded by damaging emotions, such as fear, greed, anxiety, and desire for control, all of which can be minimized or neutralized by the virtues of humility and patience.

When you make decisions knowing it is impossible to "outsmart the market" and you realize that results are not often instantaneous, you begin to reduce the odds of making poor decisions, which are usually those that are based upon emotion.

1. These poor decisions can come from outside sources, such as financial media. 
2. Are you reading articles that press emotional buttons, such as "How to Get Rich Quick With Market Timing"? 
3. information consumption as fact-based as possible. 
4. But if you feel the need to stay connected with a site that likes to provoke emotion, be sure you balance it with another source that is more reality-based.

Index Gainers for this week: Pharma stocks (+5%), PSU Bank (+4.7%), Energy index (+3.5%), Metals index (+2.5%), Realty index (+1%), FMCG index (+2.2%), IT index (+1%). Markets are expected to continue volatile next week, even as the last leg of the earnings season continues.

United Spirits slipped

Shabbir KayyumiAs of now, point of polarity is giving cues to accumulate this stock at lower levels.

After hitting the peak of Rs 800:

United Spirits slipped lower towards its previous resistance which should be acting as a support and chances of developing of demand is higher as it was 200 WMA too. As of now, point of polarity is giving cues to accumulate this stock at lower levels.

The RSI also seems to be bottomed out near the oversold zone which can club with the divergence in RSI on weekly chart. As long as it sustains above Rs 540, possibility of moving on upside is higher and it can hit our first target of Rs 720 and second target is Rs 750 with an ease from current levels.

Disclaimer: 
The views and investment free stock cash tips expressed by investment experts on moneycontrol.com are his own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Change in contact/bank details of the beneficiary and the same not being updated by the policyholder with the insurer is one of the reasons for rising unclaimed funds.
Recently, PTI reported that as much as Rs 15,167 crore of policyholders' money was lying unclaimed with 23 life insurers as on March 31, 2018. Out of this, Life Insurance Corporation (LIC) has Rs 10,509 crore as unclaimed funds, while the remaining Rs 4,657.45 crore is with the 22 private sector insurers.

Failure in filing claims

1.Mahavir Chopra, Director : Health, Life and Strategic Initiatives at Coverfox.com said, “The biggest reason for a large amount of unclaimed funds lying with the insurer is not filing claims. An insurer not receiving any intimation from a policyholder or its nominee, especially in case of term insurance claims, does not make him liable to pay the claim amount.”

2. Change in contact :

Bank account details of the beneficiary

Suresh Agarwal, Chief Distribution Officer, Kotak Life Insurance said. 

3. Policy cancellation and failure in refund processing:

Chopra said, “Policy cancellation and refund money not reaching the policyholders is another reason for the rise in unclaimed funds.” For instance, you have taken a life insurance policy with a limited premium payment period of 10 years for a policy term of 30 years. 

4. Dispute among beneficiaries:

Agarwal said, “In case there are multiple beneficiaries, probability of dispute among them is high. In such a scenario, in case of death of the policyholder, there would be no information to the insurer and based on the status of the policy the money payable could get transferred to unclaimed fund.”

stocks that are in news

Here are the stocks that are in news

 Today Result: Punjab National Bank, Britannia Industries, Adani Ports and Special Economic Zone, Adani Power, Arvind, Dena Bank, Monsanto India, Max Financial Services, Dhanlaxmi Bank, Syndicate Bank, DFM Foods, Ujjivan Financial Services, Avanti Feeds, NACL Industries, Astron Paper, Parag Milk Foods, Dixon Technologies, Bhagyanagar India, Surana Solar, Caplin Point Laboratories, Arcotech, Atul Auto, Welspun Investments, HIL, SE Power, Visa Steel, Vinati Organics, Zodiac JRD- MKJ, Gateway Distriparks, De Nora India, Graphite India, Aurionpro Solutions, BPL, Vesuvius India, Nahar Poly Films, Cimmco, Dalmia Bharat Sugar.

Firstsource Solutions, Marksans Pharma, Titagarh Wagons, Surana Telecom, JBM Auto, JMC Projects, Alphageo (India), Indbank Merchant Banking Services, Polaris.

Technologies, Bhagyanagar India, Surana Solar, Caplin Point Laboratories, Arcotech, Atul Auto, Welspun Investments, HIL, SE Power, Visa Steel, Vinati Organics, Zodiac JRD- MKJ, Gateway Distriparks, De Nora India, Graphite India, Aurionpro Solutions, BPL, Vesuvius India, Nahar Poly Films, Cimmco, Dalmia Bharat Sugar, Firstsource Solutions, Marksans Pharma, Titagarh Wagons, Surana Telecom, JBM Auto, JMC Projects, Alphageo (India), Indbank Merchant Banking Services, Polaris Consulting, Praj Industries, Kakatiya Cement, Beardsell, Nava Bharat Ventures, Honeywell Automation, Nahar Spinning Mills.

Berger Paints:

Q1 profit rises 19.5 percent to Rs 134.9 crore versus Rs 112.9 crore; revenue increases 18.9 percent to Rs 1,483 crore versus Rs 1,247.1 crore (YoY).

SAIL: 

Q1 profit at Rs 540.4 crore versus loss of Rs 797 crore; revenue rises to Rs 15,907.2 crore versus Rs 11,579 crore (YoY).

Divis Lab:

Q1 profit jumps to Rs 266.2 crore versus Rs 176.5 crore; revenue rises to Rs 995.3 crore versus Rs 821.20 crore (YoY).

Mauria Udyog

has received export-orders for supply of LPG Cylinders for Rs 147.28 crore during the months of January to July-2018

oY).

Suzlon Energy:

Q1 loss at Rs 575 crore versus profit at Rs 47.84 crore; revenue falls to Rs 1,277.49 crore versus Rs 2,581.99 crore (YoY).

Today's stock market

What Happened in the Stock Market Today

Today's stock market

Technology stocks led the market, with Apple making history by being the first U.S. company to break through $1 trillion in market capitalization. The Technology Select Sector SPDR ETF (NYSEMKT: XLK) gained 1.3%. The materials sector lagged; the iShares US Basic Materials ETF (NYSEMKT: IYM) fell 1%.

Sonos, maker of high-end speakers for the home audio market, traded publicly for the first time today, and shares soared 32.7% above the initial public offering price of $15. Sonos had lowered the offering price below the $17-$19 market target range that was given in the regis.

Sonos offered 5.6 stock shares:

current shareholders offered 8.3 million shares in the offering. Options on another 2.1 million shares are available to the underwriters from the company and existing shareholders. After the offering, there are a total of 98.4 million shares outstanding, giving the company a market capitalization of $2 billion.

Shares of meal-kit company Blue Apron got hammered today, plummeting 24.4% after the company failed to meet already-low sales expectations for the second quarter and reported that it's losing customers at a rapid pace. Net revenue fell 25% to $180 million, compared with analyst expectations for a 21% decline

How to Invest Money

इनकम क्या होता है?

इनकम का हिंदी अर्थ होता है – आमदनीअगर हम एक आम आदमी की भाषा में कहें तो,जो भी पैसा हमारे पास आता है वह हमारा इनकम होता है,


इनकम की परिभाषापैसा और INCOME का फर्क –
हमारे पास आने वाला सभी तरह का पैसा, पैसा हो सकता हैं, लेकिन सभी तरह का आने वाला पैसा , Income नहीं हो सकता,

पैसा हमारे पास बहुत सारे तरीकों से आ सकता है,लेकिन क्या वो हर तरह का पैसा जो हमारे पास आता है, हमारा इनकम है,

 जवाब है नही-
हमारे पास हर तरह से आने वाला पैसा, Income नहीं होता,

जैसे बैंक से लोन लेने पर भी पैसा आता है,या किसी दोस्त से उधार लेने पर भी पैसा आता हैया फिर लॉटरी जीतने पर भी पैसा आता है ,
लेकिन क्या इस तरह के पैसो को हम Income कह सकते है ?
जवाब होगा नही,

VALUE INVESTING STRATEGY

At its core, value investing is actually quite simple

Just look for companies that are trading for less than they are actually worth. Seems simple enough, but its actually a bit tougher than it looks.

अपने पैसे को दुगना करने के लिए निवेश के 6 नियम

पैसा निवेश करने के बारे में आपको कई सलाह मिल जाएंगी, भविष्य में पैसा कैसे बढ़ेगा इसे ट्रैक करने के कई तरीके लोग बता देंगे लेकिन ये सब आपके पैसे की सही गणना करने में असफल हैं। एक साधारण आदमी यह जानना चाहता है कि उसका निवेश किया 

एक साधारण आदमी यह जानना चाहता है कि उसका निवेश किया हुआ पैसा कब दुगना होगा और कब तीन गुना, उसे एक स्थिर भविष्य के लिए कितना बचाना चाहिए, इन सवालों के जवाब जानने के लिए गणित के कुछ नियम लागू होते हैं।

In principal, the value investing strategy relies on finding undervalued companies, buying shares and then making money when the  stock market corrects and these previously 

In this way, the strategy is looking for inefficiencies in the marketplace and taking advantage of what the general market sentiment is.

यह नियम एक साधारण तरीका है जिससे आप जान सकते हैं कि आपका पैसा ब्याज मिलाकर दुगना कब हो जाएगा। जो वार्षिक ब्याज दर है उसमें 72 का भाग देने पर आपको पता चल जाएगा कि कितने सालों में आपकी राशि दोगुनी हो जाएगी।

Rising interest

Rising interest rates

Commitment is a form of risk. Sure, stocks are volatile and may seem untrustworthy, but at least you aren't wedded to them for the next decade.

What makes Treasurys such stock investments is the guaranteed return of your principal at maturity.

investments is the guaranteed return of your principal at maturity. But you have to wait 10 years for that to happen, and a lot can change in that time, like interest rates.

While volatility means investments have big gains at times, the losses may be more significant, says Bradley R. Newman, director of financial planning at Roof Advisory Group in Harrisburg, Pennsylvania.

Successful investing is less about capturing 100 percent of the market upside and more about missing the potholes," Newman says, arguing that strategies like diversification pay off in the long run because they dampen losses in downturns, even if they also trim the gains when assets spike.

The investor preparing for retirement decades away can wait out brief periods of higher volatility.

This can be brutal for investors just entering retirement or facing an immediate expense like college tuition

The financial crisis that began 10 years ago demonstrated how damaging volatility can be for people with immediate financial needs.

 with immediate financial needs, leaving many with portfolios too small to last for a long retirement.

Stock Market Chart

Stock Market Chart Technical Analysi

Based on the past Chart statistics, forecast of future price movements can be easily done. This kind of study is known as technical analysis.This kind of study is known as technical analysis.

As per the general assumption, price patterns repeat like the repeating history and the results of the study can be shown in the form of charts for easy understanding.

charts for easy understanding. With this method, people can easily analyze prevailing market statistics and thereby evaluate the existing stocks.Mass psychology supports only this

kind of output.

शेयर बाजार एक खेल है, इसमें कूदने से पहले इसके बारे में अधिक से अधिक जानकारी ले लेना बहुत आवश्यक है। मगर इसका मतलब यह बिलकुल नहीं है कि शेयर मार्किट में निवेश करने के लिए कोई अलग तरह की प्रतिभा या योग्यता ही चाहिए. कोई भी कोशिश करके शेयर बाजार की जानकारी ले सकता है.

आसान हिंदी में शेयर मार्किट की जानकारी मिलना कठिन होता है. शेयर मार्किट की जानकारी केवल कुछ लोगों तक ही सिमित क्यों रहे?  यहां आपको कोई विशेष शेयरों के बारे में मैं टिप्स नहीं देने वाला हूं मगर आपको शेयर बाजार के तकनीकी पहलुओं से हिंदी में अवगत करने की कोशिश करुंगा।

1. This Stock Chart Technical Analysis does not end in complete predictions regarding the price movements in future.
2. However, it guides the investors to expect what is going to happen to the prices.
3. It is not concerned with the intrinsic value of the stocks and hence it will not indicate the cost of a stock.
4. What it can reveal is whether the investments can turn into gain or loss by solving the problem of timing.
5. Our Free Stock Prices & Financial News Website orks for all computers - the operating system you use doesn't matter. You can use our service even if you're using MacOS.

RBI policy

10 key take aways from MPC’s rate hike

RBI raised its key lending rate by 25 basis points to 6.5 percent, keeping its focus firmly on taming inflation, but sounded bullish about the broader economy’s prospects.

Reserve Bank of India's (RBI’s) Monetary Policy Committee (MPC) obliged the market by giving what was expected from it -- a hike in repo rate by 25 basis points.

 On August 1, all members of the MPC, except Ravindra Dholakia, voted to hike the repo rate to 6.50% while keeping the policy stance unchanged at "neutral".

The bond market did not register the tremor, but the Bank Nifty showed some initial selling pressure.

However, while the interest rate hike was a given as the central bank was behind the rate curve, it was always commentary that mattered.

Here are 10 key takeaways from the policy:

Rate hike to control inflation: The decision taken by MPC was to maintain the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of +/- 2 percent without disturbing the growing economy.