-->
Showing posts with label IDBI bank Share. Show all posts
Showing posts with label IDBI bank Share. Show all posts

Feb 4, 2019

Feb 1, 2019

Budget 2019: Big relief for aam aadmi! FM Goyal gives tax rebate on income up to Rs 5 lakh

           , , , , , , ,       1 comment    


Image Source: Financialexpress.com

Interim Finance Minister Piyush Goyal has given some relief to the income taxpayers. Union Budget2019 has proposed to offer a tax rebate for individuals earning up to Rs 500,000. The rebate under Section 87A of the Income Tax Act has been enhanced to Rs 12,500 from Rs 2,500 earlier. The threshold has also been enhanced to income of Rs 5 lakh from Rs 3.5 lakh earlier. This will benefit taxpayers only to the extent of an annual income of Rs 5 lakh. The basic exemption limit and tax-slabs remain the same.
The last time basic exemption limit was raised by Rs 50,000 by Finance Minister Arun Jaitley while presenting Budget 2014. At that the time, the tax rates were left untouched.
Last year while presenting Budget 2018, Finance Minister Arun Jaitley had re-introduced the standard deduction of Rs 40,000 in lieu of medical reimbursement and transport allowance. It was done with the intention to reduce administrative hassles for salaried individuals. In budget 2019, standard deduction too has been enhanced to Rs 50,000. The increase in basic exemption limit benefits all income taxpayers.
Source:https://www.moneycontrol.com/news/business/budget-2019-big-relief-for-aam-aadmi-fm-goyal-gives-tax-rebate-on-income-up-to-rs-5-lakh-3464021.html
If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com 
Share:

Jan 31, 2019

Jan 22, 2019

TVS Motor Q3 profit rises 15% YoY at Rs 178.4 crore; revenue rises 26% YoY

           , , , , , ,       No comments    

TVS reported a rise of 15 percent (year-on-year) in its net profit for December quarter at Rs 178.4 crore. The company had reported a profit of Rs 154.4 crore during the corresponding quarter of last year.
The company reported revenue growth of 26 percent for the quarter under review at Rs 4,664 crore against Rs 3,703.1 crore last year.
At an operating level, the earnings before interest, taxes, depreciation and amortization (EBITDA) grew to Rs 375.7 crore a jump of 25 percent from Rs 300.5 crore during the previous year.
The operating margin is reported at 8.1 percent against 8.12 percent last year.
At 13:18 hrs TVS Motor Company was quoting at Rs 545.20, up Rs 7.15, or 1.33 percent, on the BSE. It touched an intraday high of Rs 551.10 and an intraday low of Rs 520.60.

Source:https://www.moneycontrol.com/news/business/markets/tvs-motor-q3-profit-rises-15-yoy-at-rs-178-4-crore-revenue-rises-26-yoy-3419381.html

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com 
Share:

Jan 21, 2019

Jan 20, 2019

Dec 28, 2018

MCX SUpport and Resistance Level

           , , , , , , ,       No comments    

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 27, 2018

Nifty closes higher on expiry day but forms bearish candle; 10,747 crucial for bulls

           , , , , , , , ,       No comments    

The Nifty50 extended gains for second consecutive session and closed the last day of December series on a positive note Thursday, but failed to hold on to 10,800 levels. Sharp rally in global stocks boosted sentiment.
The index formed a bearish candle on the daily charts as it closed lower than its opening high levels.
Experts expect the positive momentum to continue in coming sessions if the Nifty holds its crucial 10,747 levels. The January series will begin on Friday, which could see some consolidation.
The Nifty50 started off the expiry day on a strong note at 10,817.90 and remained in a positive terrain amid consolidation throughout the session. The index touched an intraday high of 10,834.20 and low of 10,764.45, before closing 49.90 points higher at 10,779.80.
Source:https://www.moneycontrol.com/news/business/markets/technical-view-nifty-closes-higher-on-expiry-day-but-forms-bearish-candle-10747-crucial-for-bulls-3330681.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 26, 2018

Dec 25, 2018

Sensex plunges 400 points, Nifty around 10,550; crude oil prices near $50/bbl

           , , , , , , ,       No comments    
Market opens It is a negative start on D-Street, with the Sensex falling over 150 points, while the Nifty tested 10,600.
The Sensex is down 155.73 points or 0.44% at 35314.42, while the Nifty is down 51.00 points or 0.48% at 10612.50. The market breadth is negative as 223 shares advanced, against a decline of 259 shares, while 39 shares were unchanged.
All sectoral indices are trading in the red, with maximum cuts visible among automobiles, IT, metals and pharma seeing the most pain. The Nifty Midcap index is almost half a percent lower. 
Asian Paints, Yes Bank, IOC and BPCL were the top gainers, while HUL, Tata Steel, and Hindalco lost the most. 
ASIA UPDATE Global stock markets were heading into the year-end under a heavy cloud after another rout this week as US political uncertainty added to heightened concerns over slowing global economic momentum.
Asian equities were shaky on Wednesday following the plunge in Wall Street on Christmas eve in the face of a series of unnerving US political developments, including a US federal government shutdown and President Donald Trump’s increasingly hostile stance toward the Federal Reserve chairman.
US Treasury Secretary Steven Mnuchin had also raised market concerns by convening a crisis group amid the pullback in stocks.
S&P 500 e-mini futures were effectively flat, pointing toward a subdued start for Wall Street when the US market reopens after Christmas Day, when many of the world’s financial markets were shut.
Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sensex-plunges-400-points-nifty-around-10550-crude-oil-prices-near-50bbl-3324531.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 24, 2018

Options data indicates short-term trading range of 10,600-10,900

           , , , , , , , , ,       No comments    

Nifty has taken resistance from previous swing high and formed shooting star candle which is justifying the selling pressure on higher side around the strong psychological mark of 11,000 and 100-DMA at 10,950.
ADX indicator is trading around 17 mark, which is less than crucial levels considered for a trending market, expresses no strength in current trend on either side suggesting market to take support at a lower level and close the month sideways.
However, weekly RSI is still placed near 50 for the last four weeks indicating sideways to positive momentum intact. Also, looking at market movement since 2001, there is 95% probability that markets will have positive Christmas week.
On the downside, Nifty has strong support from the line of parity around 10,700 and 50-DMA at 10,574. A major unwinding of Put writing and shifting of writing to lower strikes was seen on Friday. Option data suggests an immediate trading range of 10,600 and 10,900.
Bank Nifty
Banking index is trading in rising wedge pattern having lower side support around 26,300 and upper trend line resistance is placed near 27,250 levels. Since Bank Nifty is trading above major moving averages, its short-term & mid-term trend is positive and immediate trading range is 27,250-26,300 levels.
Source:https://www.moneycontrol.com/news/business/markets/options-data-indicates-short-term-trading-range-of-10600-10900-3319041.html
If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 21, 2018

Indian ADRs end in red: ICICI Bank, Tata Motors end lower, Wipro falls 4%

           , , , , , ,       No comments    

In the IT space, Infosys was down 1.94 at USD 9.10 and Wipro plunged 4.09 percent at USD 4.93. In the banking space, ICICI Bank fell 2.74 percent at USD 9.93 and HDFC Bank shed 2.33 percent at USD 100.40.

Indian ADRs ended lower on Friday. In the IT space, Infosys was down 1.94 at USD 9.10 and Wipro plunged 4.09 percent at USD 4.93.
In the banking space, ICICI Bank fell 2.74 percent at USD 9.93 and HDFC Bank shed 2.33 percent at USD 100.40.
In the other sectors, Tata Motors slipped 0.48 percent at USD 12.37 and Dr Reddy's Laboratories was down 1.21 percent at USD 36.84.

Source: https://www.moneycontrol.com/news/business/markets/indian-adrs-end-in-red-icici-bank-tata-motors-end-lower-wipro-falls-4-3317801.html

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111
Share:

Dec 17, 2018

Oct 8, 2018

Choppy day of trade on D-Street as Sensex falls over 200 points; Nifty below 10,250

           , , , , ,       1 comment    
Benchmark indices are trading higher in the late afternoon trade with Nifty above 10,350 level.
The Sensex is up 183.63 points at 34,560.62, while Nifty is up 61 points at 10, 377.50. About 974 shares have advanced, 1243 shares declined, and 1071 shares are unchanged. 
Energy, banks, auto and pharma space were up 1-3 percent, while midcap, smallcap stocks are underperforming the major indices.
After a gap down opening the rupee recovered a bit but currently it is trading near the day's low at around 73.91 per dollar.
Rupee touched a record low of 74.22 per dollar on Friday after central bank kept the repo rate unchanged at 6.50 percent but changed the stance from Neutral to Calibrated Tightening.

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

Source:https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-choppy-day-of-trade-on-d-street-as-sensex-falls-over-200-points-nifty-below-10250-3021511.html
Share:

Sep 24, 2018

Sep 18, 2018

Sep 17, 2018

Sample Text

Copyright © ALL Market News and Tips | Powered by Blogger Distributed By Protemplateslab & Design by ronangelo | Blogger Theme by NewBloggerThemes.com