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Showing posts with the label Bank Nifty Futures

Kotak Mahindra Bank Q3 review: Should you buy, sell or hold the stock?

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Kotak Mahindra Bank Q3 review: Should you buy, sell or hold the stock? Kotak Mahindra Bank, on Monday, reported a jump of 23% year-on-year in its net profit for December quarter at Rs 1,291 crore. The lender had posted a profit of Rs 1,053 crore during the same quarter of last year. Analysts largely remain positive on Kotak Mahindra Bank’s Q3 performance, but believe that its subsidiaries show was a key negative. They remain upbeat on the banking business. Kotak Mahindra Bank, on Monday, reported a jump of 23 percent year-on-year in its net profit for December quarter at Rs 1,291 crore. The lender had posted a profit of Rs 1,053 crore during the same quarter of last year. The net interest income (NII), the difference between interest earned and expended, grew 23 percent YoY at Rs 2,939 crore from Rs 2,394 crore last year. The net interest margin rose to 4.33 percent from 4.20 percent in the previous quarter. On the asset quality front, gross non-performi...

BSE, NSE shut on Friday for Gurunanak Jayanti

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BSE, NSE shut on Friday for Gurunanak Jayanti On Thursday, equity benchmark indices see off the week on a lower level, with Sensex closing 219 points down at 34,981 levels. Nifty also settled at 10,526 levels, 73 points down. Equity benchmark indices Sensex and Nifty will remain shut on Friday on account of Guru nanak Jayanti. Forex and Commodity markets too will remain close today. Meanwhile, on Thursday, equity benchmark indices see off the week on a lower level, with Sensex closing 219 points down at 34,981 levels. Nifty also settled at 10,526 levels, 73 points down. Markets traded with a negative bias throughout the day as across-the-board short-selling was seen in all the major counters. Metal stocks such as Tata Steel, Hindalco, and Jindal Steel & Power added fresh short positions, as the open interest soared higher along with a fall of ~2% in the underlying price.  Reference : indiainfoline Must Visit : Wealth Research

Nifty below 10,750 mark; Yes Bank drops 5%

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Nifty below 10,750 mark; Yes Bank drops 5% All the sectoral indices are trading in the negative zone, PSU bank, IT and metal index slipped by 1% each. Equity benchmark indices opened lower on Tuesday after the central bank agreed to address the center's call to share its surplus reserves. All the sectoral indices are trading in the negative zone, PSU bank, IT and metal index slipped by 1% each.         The Sensex slumped 131 points to 35,643 in the opening trade, while the broader Nifty50 opened below the psychological 10,750 mark. Shares of Yes Bank fell 6% in the morning trade. In a third resignation from the Yes Bank board, independent director R. Chandra shekhar put in his papers, the private sector lender said in regulatory filing on Monday.         Oil marketing companies gained as crude prices slipped. GAIL shares jumped nearly 3%, HPCL was up 2.5%.         The Indian rupee st...

Method in madness? Why RBI, govt not acting tough on rupee

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Method in madness? Why RBI, govt not acting tough on rupee Macro factors for India have been under pressure during the first half of FY2019. Among currency, current account deficit and fiscal deficit, it may be worthwhile in the shorter term to focus on the fiscal deficit. From a currency perspective, the rupee may be just correcting to its fundamental level after a period of over-valuation. In fact, the rupee seems to be more or less at its fundamental level at this stage. It can overshoot its fundamental level on heightened concerns, but that may be the appropriate reason and time for RBI and the government to explore intervention. There may not be a need to take any extraordinary measures to support rupee at this juncture. The government and RBI may want to keep tougher options like interest rate hike and NRI bond for later, just in case India’s macro fundamentals were to weaken further. There are potential risks to the macro position based on further weakness in sentiment...

How does an investor get motivated to invest in the market?

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How does an investor get motivated to invest in the market? Winning in the stock market is not very easy for an investor if he or she has hardly any good knowledge of the stock market. This is why there are still some investors who have to struggle a lot to make good income from the stocks. Making a good investment in the stocks needs a lot of patience in the market and so you have to understand the many aspects of the stock market.                                          To be a good investor one needs to have the right understanding of the stock market and the other quality that is equally important is the amount of patience in the stocks. Similarly when you make your way into the commodity trading you have to know the right way to invest in it so that you make good attempts from ...

Necessary tips to take a position within the right stocks?

Necessary tips to take a position within the right stocks ? When you area unit prepared and positive that you simply apprehend the insights of the exchange then you'll keep plans to take a position in it. you wish to urge some smart info however you'll get the proper quantity of cash by finance within the stocks. To be a decent and accountable capitalist you wish to grasp however you'll keep efforts that will assist you get the most effective cash. Some stocks aren't smart or profitable for you so you've got to seek out out the most effective one for you. designing the proper manner within the market can even bring smart financial gain to you and for this you've got to know what proportion cash would be smart for you to take a position within the stocks. you furthermore may have to be compelled to apprehend that you simply cannot expect to create smart cash if you are trying to take a position your cash not creating any correct arrange or call. If you think...

Tips to seek out the various indexes that exist available market

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Tips to seek out the various indexes that exist available market When you assume that you just ought to attempt to invest within the exchange you've got to urge all the proper data to take a position at the proper purpose of your time. you furthermore might ought to shrewdness a lot of cash is required to be endowed by you so as to stay on a safer facet. There area unit several necessary things that you just may not recognize or perceive before creating your exchange investment. within the market you wish to understand the proper and therefore the best time so you'll be able to get the proper financial gain out of it. There area unit several necessary things that you just ought to savvy cleared so you'll be {able to} keep yourself a lot of profitable and you'd be glad that you just are able to get the utmost quantity of cash out of it. just in case of online exchange investment you ought to watch out to not invest within the stocks unless you're positive that t...