One of the sector performed well after recent corporate tax cut was Auto sector. Because of various issues like BS6, Sales dump, electric vehicles etc auto sector was under-performing compared to other sectors for past many months. So after the tax cut news many auto stocks zoomed up to 15 to 20% and finally settled …
Large and Midcap Auto Stocks performance after corporate tax cut Read More »
Now almost two weeks over Govt of India announce big tax relief for corporates. Indian markets welcomed the big news with high enthusiasm with both Nifty and Sensex zooming more than 8%. But slowly the trend faded and market lost 50% of that gains in last two weeks period. In first few days after tax …
India Corporate Tax Cut 2019 : Market Summary after 2 weeks Read More »
Another bad day of Indian markets with both Sensex and Nifty ended trading with more than 1% cut despite a rate cut by Reserve Bank of India. But in this market also some stocks gained with good volumes. Here is a list of stocks with good volumes based on delivery data ignoring day trades. As …
The monetary policy committee of Reserve Bank of India today slashed repo rates by 25 basis points – 5th consecutive time in a row and now stands at 5.15%. Repo rate is the rate of interest charged when the central bank lends money to the commercial banks. The reverse repo rate now stands at 4.9 …
RBI cuts repo rate by 25 bps : Sensex & Nifty in Red Read More »
Indian railway catering and tourism corporation (IRCTC) got an overwhelming response from investors for its maiden share sale or Initial Public Offering (IPO) with bids up to 70,000 crore against actual 640 crores worth of shares, that is 112 times of the actual offer. This 112 times subscription is the highest bid so far in …
JAS quarter results are going to be announced in the coming weeks a and most of the largecap banks are expected to announce their Sep qtr results this month itself. So here we are just doing a recap of their performance in the last quarter that is AMJ or June Quarter. On a standalone basis, …
NSE Personal Care Stocks macd charts with 6 months time frame. After recent corporate tax cut by Govt of India most personal company stocks rallied with good volumes. These charts ordered based on 52 weeks gains and selected stocks which are only in a positive trend by Macd, Adx or Rsi, Stocks like Colpal, PGHH, …
July-Aug-Sep 2019 quarter ended and results are about to appear in the coming days/weeks. Here is the summary of companies going to declare its JAS 2019 result in the month of October starting with UCO Bank today. TCS and Indusind bank result on 10th, Infy and ITI on 11th, Dmart on 12th, Wipro, SBI Life …
World markets continue to slide again on 2nd Oct after yesterday’s steep fall due to the worries about a possible recession in US and World. As of 8:20pm IST dow down 1.7% or 452 points, nasdaq down 1.47% and S&P down 1.62%. European markets also trading in deep red with FTSE down 3.11%, Dax down …
India’s car and scooter sales continue to slide despite heavy discount from manufactures to clear the inventory. Top car maker Maruti posted 24.81% dip in sales on yearly basis. Hyundai Motors reported 14.81% dip and Mahindra reported 33.06% drop in its Sep 2019 sales. Passenger Vehicle Sales Numbers Manufacturer Sep 2019 Sep 2018 % Change …
India Auto Sales Overview : Sep 2019 : Cars, Two Wheeler, Commercial Vehicles Read More »