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Showing posts with the label MTS Cash Tips

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...

No extension in BSE Sensex, NSE Nifty trading hours, for now

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No extension in BSE Sensex, NSE Nifty trading hours, for now The extension of trading hours might not become a reality anytime soon as the Securities and Exchange Board of India (Sebi), stock exchanges and brokers were yet to agree on how it would be implemented, said three officials with direct knowledge of the matter. Markets regulator Sebi had on 4 May permitted exchanges to extend their trading hours beyond the current 3.30pm. The move was aimed at enabling the exchanges to offer equity derivatives for nearly 14 hours a day until 11.55pm. The exchanges were primed to run for the extended hours from 1 October, but this is yet to be implemented. “We had enabled the exchanges to trade for extended hours and they were to submit proposals, including risk management framework and member consensus. There are some issues there,” Sebi chairman Ajay Tyagi said after the board meeting of the markets regulator on 12 December. “There is not much movement on that front (extended mark...

Market Today Fatafat ET Now: BSE Sensex, NSE Nifty trade marginally lower

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Market Today Fatafat ET Now: BSE Sensex, NSE Nifty trade marginally lower New Delhi: Indian equity markets pared most of the morning losses in the afternoon deals on Tuesday with BSE Sensex and NSE Nifty hovering marginally lower. The S&P BSE Sensex made an intraday high at 36,226.38 and intraday low at 36,046.52, up until 1:30 pm on Tuesday. Shares of Sun Pharma, Power Grid, M&M, L&T and Vedanta were the major Sensex gainers on Tuesday while shares of Infosys, Yes Bank, Wipro, Hero MotoCorp, HUL and ITC were the major laggards among the components of Sensex. Zee Entertainment share price: Shares of Zee Entertainment Enterprises fell as much as 4.5 per cent on Tuesday after BofAML downgraded Zee to ‘underperform’ with a target price at Rs 375.  Multiple headwinds persist which may see derating risk, BofAML said.  Ashoka Buildcon share price: Shares of Ashoka Buildcon rose 3.3 per cent after Morgan  Stanley committed an investment of Rs ...

Markets extend rally; ONGC, Tech Mahindra, M&M surge over 3%

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Markets extend rally; ONGC, Tech Mahindra, M&M surge over 3%  All the sectoral indices on the NSE were trading in the green on Tuesday, with PSU Bank gaining over 2.5% and Private Bank over 1%. Equity benchmark indices Sensex and Nifty extended gains in afternoon trade on Tuesday. The Sensex rose 278 points and was trading at 35,121 while the Nifty was trading 65 points higher at 10,587. All the sectoral indices on the NSE were trading in the green on Tuesday, with PSU Bank gaining over 2.5% and Private Bank over 1%. Among stocks, ONGC, Tech Mahindra, and M&M advanced 3%, while SBI, Axis Bank, and ICICI Bank gained over 2% and led the gains in the banking indices. Indiabulls Housing Finance led the losers’ brigade with a decline of ~3%, with Cipla, Eicher Motors, and PowerGrid being the other top losers. Real estate and hospitality company Delta Corp spiked 6% and Federal Bank ~8% after posting their second-quarter results. Both companies have reported num...

10 stocks that plunged most on BSE in a positive market

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10 stocks that plunged most on BSE in a positive market NEW DELHI: Indian equity benchmarks Sensex and Nifty were in positive territory following gains in auto, metals and banking stocks amid unabated buying by domestic institutional investors and rupee recovery. Market also cheered RBI's announcement that it will inject liquidity of Rs 12,000 crore into the system through the purchase of government bonds on Thursday to meet the festival season demand for funds. The NSE Nifty index was trading 131 points up at 10,433, while the BSE  .. Mercator was trading 19.93 per cent down at Rs 11.05 . Velan Hotels was trading 13.17 per cent down at Rs 5.47. Chothani Foods was trading 12.50 per cent down at Rs 5.95. Arman Financial Services was trading 11.91 per cent down at Rs 289.80. Prime Urban Development India declined 10.40 per cent to 11.20. Modi Naturals was trading at Rs 63, with a loss of 10 per cent. IL&FS Engineering & Construction Company...

How not to take any wrong steps in the market and get the best profit?

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How not to take any wrong steps in the market and get the best profit? There are very few people in this world who would not dream of owning all the riches and wealth in the world and thus be able to follow a lavish lifestyle which we can very aptly put it as "Live Life King Size” . These people also believe that there is no better way to earn huge amount of money than making an investment in the stock market or in any other investment schemes. If only making an investment in the stock market was so easy. There are people who believe that there are ways in which an investor can make a profit out of his investment. But the fact is that there are hardly any ways in which an investor or any other person who is willing to make an investment in the stock market or in any other investment option can evade the inevitable unpredictability and risk factor associated with the world of investment. As such, under such circumstances it is best if a person before making an investment...

Sensex, smashing open flat; company biggest gainer

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Sensex, smashing open flat; company biggest gainer Sensex and smashing opened flat with the smashing holding the 10,800 mark. All sectoral indices listed flat. most gains were ascertained within the company sector. At 9:36 AM, the bovine spongiform encephalitis Sensex is commercialism at 35,490 up 8 points, whereas NSE smashing is commercialism at 10,792 up 5 points. The bovine spongiform encephalitis Mid-cap Index is commercialism up 0.44% at 16,079, whereas bovine spongiform encephalitis small-capitalization Index is commercialism up 0.47% at 17,053. Dr. Reddy (+1.59%), Cipla (+1.53%), Wipro (+1.48%), Lupin (+1.38%) and IOC (+1.24%) were the highest gainers on NSE. Tata Steel (-0.91%), Infosys (-0.81%), Vedanta Ltd. (-0.73%), Maruti (-0.41%) and Indiabulls Housing Finance Ltd (-0.35%) were the highest losers on NSE. Some shopping for activity is seen in tending and durable goods, whereas basic materials, data technology, telecommunication and real propert...