THE genesis of ideas in India was the Gelcoat task force in 2004 who recommended the fully integrated GST idea in India on a national basis. Central budget (2007-2008):-those inseminates and the government and its central budget are wise just due to being implemented. In India with the effort from […]
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Opening Bell: Sensex, Nifty halt post-budget selloff; Yes Bank, Tata Steel, Coal India stocks gain
Source: zeebiz.com Opening Bell: The stock market of India finally halted its post-budget tank on Wednesday as the BSE Sensex gained 47 points to 38,777 while the Nifty 50 index went up 9 points to 11,565 levels. Bank Nifty index shot up 131 points to 30,700 levels. Yes Bank, Tata […]
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Auto Stocks Nosedive As Budget Denies Relief; Maruti Suzuki, Hero MotoCorp Lead Declines
Source: news18.com Auto stocks had a rough ride on Monday, i.e. 8 July, after Union Budget 2019 failed to provide any positive impetus to the ailing Indian auto sector. The BSE Auto index was down 3.3% in afternoon trade, with Maruti Suzuki India Ltd and hero MotoCorp Ltd being the […]
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Sensex, Nifty end over 2% lower on budget woes, global sell-off
Source: thehindubusinessline.com After plunging over 907 points during the day, the 30-share BSE index Sensex ended 792.82 points or 2.01 per cent lower at 38,720.57, while the Nifty closed below the 11,600 mark at 11,558.60, down 252.55 points or 2.14 per cent. Domestic equity benchmark BSE Sensex plummeted 793 points […]
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Budget 2019: Are the beaten-down auto and FMCG stocks good investment bets?
Source: business-standard.com The outbreak of IL&FS crisis in September 2018 and the subsequent liquidity squeeze in the system derailed the growth story of various sectors of the economy. While the auto industry continues to move in reverse gear, other consumption-related sectors such as consumer staples and FMCG (fast moving consumer […]
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‘Buy on dips till Nifty stays above 11,575; bet on these 5 stocks for 8-21% upside’
Source: moneycontrol.com The market snapped three weeks’ losing streak on the back of buying seen in the banking sector during last week. Nifty traded in a tight range of 11,900-11,640 forming a bullish candlestick pattern. Current weekly candlestick pattern formation suggests strong uptrend to unfold if Nifty closes above the […]
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