How Reliance Retail is changing the ecommerce space

A key announcement in Reliance Industries results which largely went unnoticed was its plans for the ecommerce business. In its presentation, the company has said: “The curated fashion and lifestyle e-commerce initiative is transitioning from project phase to operational phase through beta testing and has been launched on an invitation only basis.”  Sensex Astrology 

Reliance Retail, the country’s largest retailer, by revenue and number of stores wants to now leverage on the ecommerce space by building a differentiated ecommerce model. The e-commerce business being launched is currently conducting customer tests to obtain feedback on the website’s performance.When a major deep pocket player like Reliance enters the market, other players will naturally feel threatened. A shakeout in the sector with changes in business model is inevitable and has already begun.      Share Market Astrology

In a report on the e-tail sector, Kotak Securities says that the market is innovating in a bid to combat competition and forge a possible path to profitability. Flipkart is moving towards an Alibaba-type revenue model of charging nil commissions from sellers and instead earning revenues from advertising. All players are rapidly expanding their seller base in order to add more products to the bouquet of product range. New product categories (the likes of automobiles, real estate, and exam preparation) have also been launched.Alibaba, the Chinese e-tail giant does not charge commissions from its sellers but encourages them to advertise on its platform. Reports say that Flipkart which used to charge anywhere between 2.5-22.5% from the seller is evaluating to charge a maximum of 2.5 per cent or Rs 20, whichever is higher, as commission.   Nifty Trading Tips

Reliance Retail is believed to be launching with nearly 30,000 sellers that is nearly 15 per cent of the 2 lakh sellers in the country, says that Kotak report. Existing players are now trying to woo sellers into their marketplace. Among the various incentives that are being offered are provisions for working capital loans, easy cataloguing services and standardised shipping rates.

However, Kotak Securities says there is little scope to increase the number of sellers in the marketplace. Of the estimated 50 million small businesses in India, there are only 0.2 million unique sellers across the three platforms. This limits the size of the market. Kotak has compared Indian players with Alibaba and says that the latter has nine times more buying customers compared to Indian marketplaces but it has 43 times more sellers on its platforms, which partially explains its 49 times higher GMV (Gross Merchandise Volume).   Jackpot Stocks Trading Tips

Sensex, Nifty up almost 1%; ICICI Bank, Tata Motors gain 2%

Benchmark indices are trading near day’s high led by renewed buying among pharma and banking shares.  Besides, investors will remain cautious ahead of F&O expiry of the December series, scheduled for December 31.At 14:58 pm, the S&P BSE Sensex was up 234 points at 26,072 and the Nifty50 gained 74 points to trade at 7,936. In the broader market, BSE Midcap and Smallcapindices is up 0.3%-0.5% each.       Jackpot Stocks Trading Tips

The rupee continued to rule higher against the American currency for the eighth straight session as it rose 7 paise to 66.14 at the Inter-bank Foreign Exchange market today on increased selling of the US currency by exporters and banks.   Commodity Market Astrology Tips

In overseas markets, Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows.Investors across asset markets were without some of the usual leads as most global markets were closed on Friday for Christmas. The British markets will remain closed on Monday, while those in Germany and France will reopen.    Stock Market Trading Tips

MSCI's broadest index of Asia-Pacific shares outside Japan gave up earlier modest gains and was down 0.4%. The index was on track for an 11% loss this year.Apart from telecom and metal, all the sectors are trading in positive zone.Pharma majors like Dr Reddy's Labs, Sun Pharma, Lupin and Cipla have gained between 1%-3%. According to media report, Indian pharmaceutical firms are gearing up to tap new markets in 2016 as they look to consolidate their positions after a spate of mergers and acquisitions consummated this year.    Personal Numerology

Midcap outlook: Top stocks you should buy

Midcap stocks continue to remain on buyers' radar withBSE Midcap index ending 0.1% higher as against a 0.2% fall in Sensex.Among notable midcap stocks, Anil Ambani group shares witnessed a strong rally with Reliance Power, Reliance Infrastructure, Reliance Communication and Reliance Capital gaining between 0.5%-3.5%.       Stock Market Trading Tips

Reliance Capital recently announced the completion of an additional 23% stake sale in Reliance Life Insurance (RLI) to Nippon Life Insurance (NLI) for Rs 2,265 crore. NLI now holds 49% stake in RLI. Following the stake sale          Himanshu Tiwari Astrologer Blog

Select public sector undertaking (PSU) banks extended yesterday’s gain on the bourses after media report indicated that the Reserve Bank of India (RBI) had trimmed the list of debt-laden companies for loan provisioning in the fourth quarter ended March 31, 2016.  Financial Astrology

Likewise, shares of Glenmark were up around 4% after the company announced that it had addressed concerns raised by the US Food and Drug Administration (FDA) in February, following the latter’s inspection of its manufacturing unit at Pithampur, iOther major gainers included National Aluminium (NALCO), Indian Hotels, Exide Industries, M&M Finance, Cadila Healthcare and Biocon, all surging between 1.5%-3.2%.        Nifty Trading Tips

Buyers' activism going in wrong direction: Supertech

Hari Raj Singh (name changed) paid a visit to theSupertech office in a jiffy on Friday to verify the approval plan of a project, in which he has booked an apartment. In the office, he found the company’s marketing officials trying hard to convince new customers that all the papers were in order.          Commodity Market Astrology Tips

The scene clearly shows the bad phase the company, which has been facing the ire of buyers as well as government authorities, is going through. On April 11, the Greater Noida Industrial Development Authority (GNIDA) asked Supertech to seal 1,009 flats in the company's project Czar in Greater Noida, citing violation of rules. Some residents of Czar had complained to GNIDA about violation in the sanctioned plan.        Stock Market Trading Tips

This is the second time the company has borne the brunt of buyers. In a previous case, the Allahabad High Court had ordered demolition of two 40-storeyed towers in its project Emerald Court in Noida, acting on a complaint by Residents Welfare Association (RWA). Supertech has challenged the order in the Supreme Court, where it is pending.         Himanshu Tiwari Astrologer Blog

With the instances of developers going back on their commitments, buyers have been increasingly raising their voice against such errant builders. The real estate sector has witnessed a spur in buyers’ activism of late with even the country’s largest real estate player, DLF, not being spared. The Competition Commission of India (CCI) imposed a fine of Rs 630 crore on DLF acting on buyers’ complaint for making changes in the project plan without approvals. The case is now pending in the Supreme Court.          Indian stock market astrology prediction   

“Buyers’ activism is going in the wrong direction. One to two per cent of buyers tend to resort to malpractices, which is why such cases are coming up. They don’t understand the technicalities. We have all approvals in place. We just need to pay money for additional FAR (floor area ration),” Supertech chairman and managing director R K Arora told the Business Standard.Arora says the Real Estate Bill will definitely be a game changer for the sector   Financial Astrology

Indian-origin ex-CIA officer faces extradition from Portugal: Report

An Indian-origin former CIA officer is facing extraditionfrom Portugal to Italy and a possible four-year jail term for her alleged role in the American intelligence agency's abduction of an Egyptian cleric in 2003 from Milan, according to a media report.Sabrina De Sousa, 60, who has a dual citizenship of the US and Portugal, told The Washington Post that she played no role in Omar's kidnapping. She lives in Portugal while her 90-year- old mother lives in India.    Sensex Astrology 

She was among 26 Americans convicted in absentia by Italian courts for her alleged role in the February 2003 rendition of Egyptian cleric Hassan Mustafa Osama Nasr, also known as Abu Omar.
She faces no threat for imprisonment in Italy as she moved back to the US long before the Italian trial began. However, she was detained in Lisbon last year by Portugal authorities in response to a European arrestwarrant.        Indian stock market astrology prediction

"This week, Portugal's highest court upheld the country's lower courts' rulings, declared that they did not violate the constitution, and said De Sousa should be sent to Italy as soon as May 4," the Post reported yesterday.At the same time, Portugal's Constitutional Court also reiterated a condition set by the lower courts and guaranteed by Italy in De Sousa's European arrest warrant that once she arrives in Italy, she must be given another trial or a chance to appeal with new evidence, and the ability to call Italian and US witnesses, because she had been tried in absentia, the daily reported.
"De Sousa's extradition and potential imprisonment would be an astonishing turn of events for a case that raises major questions about how much diplomatic protection CIA case officers abroad possess when carrying out operations sanctioned by their superiors   Share Market Astrology

Benjamin Fischer, a former CIA chief historian, described this as unprecedented. In her interview to the daily, she rued that the CIA is not helping her. CIA declined to comment."Those of us who were convicted were accredited diplomats and declared to the Italian government. We instead find ourselves treated like NOCs.           Jackpot Stocks Trading Tips    

India among 170-plus countries to sign Paris climate deal

India signed the historic Paris climate agreement at United Nations headquarters in New York along with more than 170 countries, marking a significant step for beginning work on cutting down greenhouse gas emissions to combat global warming.   Commodity Market Astrology Tips
Environment Minister Prakash Javadekar signed the agreement in the UN General Assembly hall at a ceremony hosted by UN Secretary-General Ban Ki-moon. The ceremony was attended by heads of government, ministers, corporate leaders and artists. However, plenty of work remains to be done before the agreement becomes operational. For the agreement to come in to force, it would have to be officially ratified by at least 55 countries accounting for at least 55 per cent of the global greenhouse gas emissions.    Stock Market Trading Tips

 The signing on Friday, under international law, is one small and ceremonial step towards ratification. Under the Vienna Convention on the Law of Treaties, signing without formally depositing a document of ratification implies that the country has decided to act in good faith to not defeat the object and purpose of the treaty. Only a handful of small developing countries were expected to complete their ratification process on Friday. When negotiations for the Paris agreement began, it was meant to come in to operation in 2020. But the final wording of the pact leaves it open to being put in place earlier than 2020.        Himanshu Tiwari Astrologer Blog

The UN Framework Convention on Climate Change secretariat listed out 135 different tasks of detailing the agreement that have to be completed before it can be operationalised - each of these is subject to negotiations between the 190-plus countries and requiring their consensus approval.
One key negotiator for India at the Paris talks explained, "If I was to draw a parallel to the Indian system, the law has been put in place, now rules are to be built to make it work." These rules will be put in place through negotiations over the next three-four years, away from the kind of public attention the Paris meet in 2015 garnered. But the rules, history of negotiations for Kyoto Protocol shows, require as laborious a process of negotiations with countries wary of the devil in the details and holding on for a bargain.         Personal Numerology

Harish Rawat challenges President's Rule in HC

A day after the imposition of President's Rule in Uttarakhand, former chief minister Harish Rawat on Monday moved the high court in Nainital, challenging the central rule.Rawat also met Governor K K Paul with 32 MLAs, and said he was ready to prove a majority in the Assembly. However, party MLA Sarbat Karim was not present during the crucial meeting. When asked, state party chief Kishore Upadhayay said Karim couldn't come because he's unwell. "Since we enjoy the majority in the 61-member House (after the disqualification of nine rebel MLAs)   Sensex Astrology 

A petition on behalf of Rawat was filed by his counsel Abhishek Manu Singhvi before U C Dhyani in the high court of Uttarakhand. The hearing was adjourned till Tuesday.Singhvi contended the circumstances were not suitable for invoking Article 356 of the Constitution, under which the government was dismissed and the Assembly kept under suspended animation.

Meanwhile, Congress leader and party spokesman Manish Tewari accused the Centre of "murdering democracy" by imposing central rule in a second Congress-ruled state within two months. "I would like to point out that when the Governor had given time to CM for a floor test, when the decision of Supreme Court on Bommai says that a floor test is the only way to test the majority of a government, why did the Prime Minister and his Cabinet unceremoniously, almost through a coup, topple the government in Uttarakhand?" he asked.   Share Market Astrology
However, Finance Minister Arun Jaitley put the blame squarely on the Congress and accused the House Speaker of declaring as passed a "defeated" appropriation Bill and then failing to certify it. In a Facebook post titled 'A State without a Budget', Jaitley said the Congress "plunged the State into a serious Constitutional crisis by continuing a government which should have quit after the failure of the Appropriation Bill". To further complicate the crisis, "the chief minister started allurement, horse-trading and disqualification.        Jackpot Stocks Trading Tips

SC restores Prez rule till April 27 in Uttarakhand

The Supreme Court at a special sitting on Friday stayed the Uttarakhand high court judgment revoking President’s rule till Wednesday, when the appeal of the central government will be heard in detail.With this, President’s rule has resumed in the hill state till further order of the court. Attorney General Mukul Rohatgi gave an undertaking that the Centre would not revoke President’s rule in the meantime.   Nifty Trading Tips

While listing the matter for hearing on Wednesday, a bench comprising judges Dipak Misra and Shiva Kirti Singh said the HC shall provide the judgement passed on Thursday to the parties by Tuesday and on the same date the copy of the verdict shall also be placed before the apex court.The SC order to keep “in abeyance” the HC judgment has the effect of keeping alive President’s rule in the state till the next hearing.    Jackpot Stocks Trading Tips
The court also issued notice to then Chief Minister Harish Rawat and the chief secretary of the state. Kapil Sibal, senior counsel for the Speaker, and Abhishek Manu Singhvi, for Rawat, strongly resisted the Attorney General’s  (AG’s) plea for stay, arguing no damage will be done if there is no stay and a stay order will amount to allowing the appeal.     Commodity Market Astrology Tips
The AG said that 27 MLAs, along with nine others from the ruling party in the 70-member House, had asked for a division (voting) to pass the Appropriation Bill. But the Speaker did not allow it and  declared the Bill passed voice vote. He narrated the events preceding the proclamation of President’s rule, justifying the Centre’s move. He said the constitutional machinery had broken down and also referred to a sting operation in which Rawat was allegedly seen talking about money deals to appease legislators.       Himanshu Tiwari Astrologer Blog
Earlier, hours after the Uttarakhand HC quashed President’s rule, the Rawat government took nearly a dozen decisions through a Cabinet meeting, in a swift bid to assert its authority.Among the various decisions took on Thursday night, Rawat tried to woo Ganesh Godiyal, a Congress MLA from Srinagar in Pauri district, earlier considered a confidante of BJP leader Satpal Maharaj. The Cabinet decided to take the financial burden.    Indian stock market astrology prediction

After 5 yrs, RIL back to double-digit growthElephants can dance, going by Reliance Industries’ (RIL) performance in FY16. After five years, the country’s largest private sector company by revenue has reported double-digit growth in earnings. RIL, battling headwinds in most of its businesses, has exited FY16 with 17.2 per cent growth in earnings from the previous year. Stock Market Trading Tips The earnings trajectory has been driven by strong growth in both the refining and petrochemical businesses. At $10.8/barrel, RIL’s gross refining margin (GRM) has hit a seven-year high and throughput has touched a record 69.6 million tonnes (mt). Himanshu Tiwari Astrologer Blog Though crude oil prices are down 45 per cent compared to FY15, RIL’s margins and profits have not taken a hit. The company’s seen several earnings upgrades in the past couple of quarters, which is why it managed to beat estimates only marginally in the quarter ended March .Financial Astrology The quarterly earnings show was driven by strong margin expansion, and lower operating costs and tax rate. Consolidated net profit grew 15.9 per cent year-on-year (YoY) to Rs 7,398 crore, even as revenue declined 10.7 per cent to Rs 60,252 crore in the March quarter. According to Bloomberg’s analyst poll, the company was estimated to report a net profit of Rs 7,125 crore. Other income declined 19 per cent to Rs 1,758 crore in the March quarter.Analysts claim that RIL was able to beat the Street’s earnings estimates as operational expenditure in the refining segment came down to $2.2/barrel from $2.6/barrel in the previous quarter. Personal Numerology Commenting on the company’s performance, Mukesh Ambani, chairman and managing director, RIL, said, “FY2015-16 has been a year of outstanding achievement for our downstream hydrocarbon businesses, notwithstanding persisting global economic uncertainty. Refining and petrochemicals delivered record operating and financial performances. Share Market Astrology

Elephants can dance, going by Reliance Industries’ (RIL) performance in FY16. After five years, the country’s largest private sector company by revenue has reported double-digit growth in earnings. RIL, battling headwinds in most of its businesses, has exited FY16 with 17.2 per cent growth in earnings from the previous year.   Stock Market Trading Tips

The earnings trajectory has been driven by strong growth in both the refining and petrochemical businesses. At $10.8/barrel, RIL’s gross refining margin (GRM) has hit a seven-year high and throughput has touched a record 69.6 million tonnes (mt).  Himanshu Tiwari Astrologer Blog

Though crude oil prices are down 45 per cent compared to FY15, RIL’s margins and profits have not taken a hit. The company’s seen several earnings upgrades in the past couple of quarters, which is why it managed to beat estimates only marginally in the quarter ended March .Financial Astrology
The quarterly earnings show was driven by strong margin expansion, and lower operating costs and tax rate. Consolidated net profit grew 15.9 per cent year-on-year (YoY) to Rs 7,398 crore, even as revenue declined 10.7 per cent to Rs 60,252 crore in the March quarter. According to Bloomberg’s analyst poll, the company was estimated to report a net profit of Rs 7,125 crore.

Other income declined 19 per cent to Rs 1,758 crore in the March quarter.Analysts claim that RIL was able to beat the Street’s earnings estimates as operational expenditure in the refining segment came down to $2.2/barrel from $2.6/barrel in the previous quarter.  Personal Numerology

Commenting on the company’s performance, Mukesh Ambani, chairman and managing director, RIL, said, “FY2015-16 has been a year of outstanding achievement for our downstream hydrocarbon businesses, notwithstanding persisting global economic uncertainty. Refining and petrochemicals delivered record operating and financial performances. Share Market Astrology

Sebi mulls entry of banks, MFs in commodity markets

The Securities and Exchange Board of India (Sebi) might allow new participants such as banks, mutual funds and foreign portfolio investors in the commodity market.The regulator met commodity market participants on Friday, where the issue was discussed. This was part of the regulator’s effort to increase participation in the segment.     Share Market Astrology

The participation of these entities and certain other alternative investment funds in commodity derivatives trading has been awaiting regulator approval for a while.Sebi is contemplating ways to integrate the commodity and equity space, to reduce asymmetry between the two, said people who attended the meeting.        Nifty Trading Tips

The regulator is also planning measures to reduce risks and improve liquidity in the commodity market. "The purpose is to have seamless operations in both the segments, which has been a challenge since the ForwardMarkets Commission was merged with Sebi in September 2015," said a source who participated in the meeting. It saw representatives of the commodity exchanges brokers,  traders, hedgers and physical market players.   Jackpot Stocks Trading Tips

Sebi indicated it was working on the new hedging mechanism to increase volumes. It is also keen on allowing portfolio management services in commodities.The meet discussed the idea that financial institutions participate in the commodity derivatives market as hedgers.Commodity brokers proposed introduction of exchange-traded products such as options based on commodities, to have better connectivity between the physical market.   Commodity Market Astrology Tips
New commodity derivatives such as options and index futures were also discussed, said a source. At present, only futures contracts are allowed in the commodity derivatives trading space.Sebi reiterated it would ensure a single licence for both equity and commodity exchanges during this year.
Commodity brokers raised concerns on the required margin, substantially lower as compared to equity markets.    Stock Market Trading Tips

Tech view: No clarity on D-Street! Nifty forms Doji pattern on charts

The Nifty50 ended a listless session on a muted note with a negative bias on Friday, forming a Doji kind of pattern on the daily candlestick charts, which suggests lack of clarity. There could be further consolidation before the index makes a decisive move.A Doji is formed when the index opens and closes approximately around the same level, but remains volatile throughout the day, which is indicated by its long shadow on either side. It appears like a cross or a plus sign.    Stock Market Trading Tips
 
The Nifty50 opened at 7,891.80 and closed virtually at the same level at 7,899.30, thus forming a Doji pattern. It rose to an intraday high of 7,923.35, forming an upper shadow, and fell to an intraday low of 7,873.35, forming a long lower shadow.  Financial Astrology

A Doji is a neutral chart pattern and, hence, should not be studied in isolation. Traders should take a call depending on how the index behaves in the next few sessions. A narrow trading range resulted in a short candle body, which suggests consolidation ahead of the expiry week.     Himanshu Tiwari Astrologer Blog
"A listless trading session on Friday resulted in a Doji formation on the daily charts as themarket closed slightly higher than where it opened. Interestingly, the narrow range of trading in last four sessions resulted in a Doji formation on the weekly charts," Mazhar Mohammad, Chief Strategist - Technical Research & Trading Advisory, Chartviewindia.in told ETMarkets.com.   Personal Numerology

The Nifty50 ended the week on a muted note. The index rose 0.6 per cent in a truncated week while BSE Sensex closed 0.8 per cent higher.With this Doji formation and lacklustre trading, bearish sentiment is getting strengthened as it has triggered a sell signal on two of the most successful momentum oscillators, experts said.   Sensex Astrology 

The founder of China's Internet giant Tencent will donate $2 billion in shares to charity, the company said — one of the largest gifts ever given in a country whose new super-rich have no tradition of philanthropy.Pony Ma, Tencent's chief executive, will give the shares to a new foundation for mainland projects in health, education and environmental conservation, among other issues, his company said.     Commodity Market Astrology Tips

The donation – which will vest over several years – appears to be the largest ever by a single individual in China, where there is great public mistrust of charitable organisations battered by years of scandal.After 10 years of exploration and participation in philanthropic activities, I increasingly feel that a longer-term and more organised way is needed to give back to society," Ma said.Pony Ma is the 34th richest man in the world, with a net worth of $20.2 billion, according to Bloomberg's ranking of billionaires.        Stock Market Trading Tips

China's top businessmen fall far behind their Western counterparts in corporate social responsibility.

In 2014, Jack Ma and Joe Tsai, co-founders of rival Internet behemoth Alibaba, pledged to establish a philanthropic trust funded with shares in the company estimated to be worth $3 billion at the time.
But the country's most generous donor last year was He Xiangjian, founder of appliance maker Midea, who gave 400 million yuan ($61.7 million), according to data compiled by Harvard University's Kennedy School of Government.       Himanshu Tiwari Astrologer Blog

"In China, both donors and recipients have to pay taxes on donations. Many entrepreneurs find it hard to find a qualified charitable trust to manage the donations," the state-run Global Times on Thursday quoted Song Houliang, chief editor of China Philanthropist magazine, as saying.Such problems have dampened their enthusiasm for giving," he added.  Financial Astrology

China passed its first charity law in March, which sought to increase public confidence in giving while tightening its control of the sector. It will take effect on September 1.China is the world's second-largest economy but ranks 144th out of 145 countries for giving, according to a study last year by the Charities Aid Foundation.    Indian stock market astrology prediction

Chinese citizens donated just $16 billion in 2014, according to the most recent data from the China Charity Information Centre — less than 0.2% of annual GDP.In the US in 2014, giving accounted for 2.1% of GDP, according to the National Philanthropic Trust.   Share Market Astrology

VST Industries gains on robust Q4 earnings, dividend

Shares of VST Industries were up 3% at Rs 1,751 on the Bombay Stock Exchange after the company announced robust net profit for the quarter ended March 31, 2016.

Net profit for the March 2016 quarter increased 19% to Rs 49.3 crore compared with Rs 41 crore while total income increased 23% to Rs 270 crore against Rs 219 crore in the corresponding quarter ended March 31, 2015.      Himanshu Tiwari Astrologer Blog

Meanwhile, the board of directors at its meeting held on April 20 proposed a final dividend of Rs. 70/- per equity share of Rs. 10/- each.       Commodity Market Astrology Tips

The stock opened at Rs 1671 and touched a high of Rs 1,837. At 12pm, over 15,400 shares were traded on both the stock exchanges.      Jackpot Stocks Trading Tips

Q2 earnings to set tone for markets

Rising for a second straight week, benchmark indices clinched their biggest weekly gain in nearly four months since June 19 after the US Fed hinted that it won’t raise interest rates soon. Further, rebound in global commodity prices during the week has also aided the sentiment,For the week end October 9, the BSE Sensex reclaimed its psychological level of 27,000 and rose 3.27 per cent or 858 points to end at 27,080. The Sensex had gained 3.3 per cent in the week ended June 19. The CNX Niftyreclaimed 8,000-mark to settle at 8,190, up by 239 points or three per cent.The broader markets, however, underperformed their larger peers.   Himanshu Tiwari Astrologer Blog

 The BSE Mid-cap Index finished 1.1 per cent up at 10,938, while the BSE Small-cap Index settled 2.7 per cent up at 11,349. Meanwhile, market players’ sentiment was also bolstered as a plethora of commercial banks offered a reduction in their base rate in the wake of a more-than-expected 50 basis points (bps) cut in the repo rate announced by the Reserve Bank of India.

According to Ravi Shenoy, assistant vice-president, Mid-Cap Research, Motilal Oswal Securities, “Indian indices ended the week with positive gains of three per cent plus as a ‘risk-on rally’ globally also powered Indian equities. Crude prices as well as metal prices have rallied this week, as investors take bottoming out bets. Metal and other commodity producers in India rallied, as did lenders with exposures to this segment. Housing Finance was another space which witnessed traction on expectation of RBI’s new norms for affordable housing which got notified towards the end of the week.”         Indian stock market astrology prediction

The lower-than-expected US jobs data for September, which was released earlier this week, has put the US Fed on pause until the end of this year.The US Fed’s decision made the dollar lose its grip against world currencies. The Indian rupeefinished the week at 64.73, strengthening for the second consecutive week.     Share Market Astrology

The surge in global commodity prices supported the rally in metal stocks. The BSE Metal index jumped nearly nine per cent for the week. Vedanta logged gains of 24 per cent after it said the average gross operated production and working interest production were up six per cent and four per cent, respectively, in Q2 September 2015 over Q2 September 2014    Personal Numerology
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Nifty ends above 7,400 amid volatile trades; Oil prices rebound

Markets finished the volatile session on a firm note led by strong buying in upstream oil companies following a sharp spike in the crude oil prices. Strength in the global equities coupled with a strong rupee aided the rally. On the other hand, healthcare shares lost ground after reports stated that the US government has made it mandatory for all active pharmaceutical ingredients (APIs) to be manufactured locally.   Nifty Trading Tips

The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404. However, BSE Midcap and Smallcap indices underperformed the larger peers and lost between 0.2%-1%. "The markets would take away today’s trading session with one relief that the Nifty is back above the 7,400 mark, after yet another volatile session. The second half saw good bout of short covering in stocks, however, the market breadth remained negative for the day. The indices also didn’t breach yesterday’s low which is also a mild positive indication," said Kunal Bothra, Head-Advisory, LKP Securities.     Jackpot Stocks Trading Tips

"For the next couple of day’s if the Nifty doesn’t breach 7,350, then I believe that a rally till 7,550 is possible, however its likely to be a rough ride. The conundrum in this market is to find the stocks and sectors, which may atleast not correct significantly. That’s a bigger issue to solve at this point, as all sectors are witnessing extreme selling pressures at regular intervals.  Stock Market Trading Tips

Meanwhile, the two-day India Investment Summit 2016 started with Finance Minister Arun Jaitley highlighting the opportunities India offers to investors and sought investment in sectors like road, highways, oil & gas, urban infrastructure and railways.   Commodity Market Astrology Tips

Markets end flat; commodity stocks rally

Markets ended flat after profit booking emerged at higher levels tracking weakness in global stocks even as commodity stocks rallied after sharp surge in global pricesThe S&P BSE Sensex ended up 13 points at 24,659 and the Nifty50 ended unchanged at 7,485. The broader markets ended mixed with BSE Midcap down 0.3% and Smallcap index up 0.2%. Market breadth ended nearly neutral with 1,329 losers and 1,319 gainers on the BSE.   Jackpot Stocks Trading Tips 

"Markets have been moving up without much correction in the previous four trading sessions and now profit booking has emerged at higher levels partially because of negative global cues both from Asia and Europe. In the short-term uptrend is seen in commodity stocks tracking global prices," said Alex Mathews, Head of Research, Geojit BNP Paribas Financial Services.Foreign investors were net sellers in equities to the tune of Rs 672 crore on Friday    Commodity Market Astrology Tips

Finance Minister Arun Jaitley on Tuesday announced he was withdrawing a controversial Budget proposal to tax 60% of EPF balances at the time of withdrawal. He also withdrew another proposal to tax  contribution made by an employer beyond Rs 1.5 lakh a year.  However, the proposal to not tax 40 per cent of money withdrawn from national pension system stays. Personal Numerology

BSE Bankex and IT indices ended down 0.5%-1.3% each. However, metal, oil and gas indices trimmed early gains to end 1.5%-1.7% higher.Bank stocks witnessed profit taking after surging 8%-20% last week. Bank of Baroda, SBI, Punjab National Bank, Kotak Mahindra Bank, ICICI Bank, Axis Bank and HDFC Bank ended down 0.6%-4.7% each.     Financial Astrology

IT shares weakened trackign losses in technology shares on the Nasdaq on Monday. Infosys eased 0.6% while TCS ended down 0.1%.Oil shares firm up tracking a rally in global crude oil prices after Brent crude touched a three-month high to touch $39.50 per barrel while US West Texas Intermediate (WTI) futures was higher at $36.53 a barrel.    Share Market Astrology

Telcos may report 10% sales growth in Q4

Telecom companies (telcos) are expected to exit FY16 on a good note, as most analysts expect the firms to report revenue growth of around 10 per cent compared to last year. After the decline in voice revenues seen in the December quarter, listed telecom companies are expected to report either stable or a modest improvement in the traditional voice business. The revenue growth will largely be driven by data revenues,      Indian stock market astrology prediction

Like the December quarter, analysts expect data growth to moderate. Religare Institutional Equities, data volumes for Bharti and Idea are likely to moderate to 13 per cent and eight per cent quarter-on quarter and adoption will be the key focus. “On a y-o-y (year-on-year basis), data revenue for Bharti/Idea is projected to grow at 49/34 per cent.”Analysts expect Bharti Airtel to report a sequential revenue growth of 3.5 per cent and eight per cent y-o-y. Idea's revenues are expected to grow 2.5 per cent sequentially and 9.5 per cent y-o-y. Bharti Infratel’s revenues could grow by one per cent sequentially and 6.6 per cent y-o-y.Telecom analysts expect the voice business to fare better on the back of higher subscriber additions. Bharti added seven million subscribers in the March 216 quarter, compared to the addition of eight million in the December 2015 quarter. Financial Astrology

However, new subscribers might put pressure on revenue per minute (RPM), a key measure of profitability for the voice business. Idea, on the other hand, is expected to report an improvement in RPM even though its minutes growth might decelerate.  Sensex Astrology 

Bharti's operating income is expected to grow by 10 per cent y-o-y and four per cent sequentially. According to ICICI Securities, Bharti Airtel’s Africa operations are likely to be hurt by depreciation of African currencies and completion of tower deals.The telco’s depreciation and interest cost is likely to increase by seven per cent and 19 per cent sequentially, respectively, due to spectrum investments, which in turn will hurt net profit.      Share Market Astrology

Idea's operating income is expected to grow by nine per cent YoY and 6 per cent sequentially. While Idea's margins could expand sequentially, they will decline compared to last year. Average revenue per user (ARPU) is also expected to decline for both Idea and Bharti.  Nifty Trading Tips

Bharti Airtel to sell off 5% stake in tower arm

Bharti Airtel, the country’s largest telecom company, is learnt to have started the process of offloading a five per cent stake in its tower arm, Bharti Infratel, through an open market block deal.According to sources, Bharti Airtel has appointed UBS the banker for the deal. Airtel owns 71.7 per cent in Bharti Infratel, and a five per cent.  Nifty Trading Tips
 
The plan is to use the proceeds to cut debt. However, no timeline has been set for the sale. When asked, a Bharti Airtel spokesperson declined to comment.Bharti Infratel’s shares at the BSE were down 2.5 per cent and closed at Rs 386.50 on Wednesday.In February 2015, Airtel sold 2.91 per cent equity in Infratel through a secondary market deal, raising Rs 1,925 crore. In November 2014, it raised Rs 2,100 crore by selling a 4.5 per cent stake in Infratel. The sale was done to comply with the minimum public shareholding norm of 25 per cent.    Jackpot Stocks Trading Tips

For the December quarter, Bharti Infratel had posted a 12 per cent increase in consolidated net profit to Rs 565 crore, from Rs 507 crore in the year-ago period. Consolidated revenue in the quarter grew five per cent over a year before, to Rs 3,093 crore.    Commodity Market Astrology Tips

Bharti Infratel chairman Akhil Gupta had earlier said capital expenditure for the telecom sector was on the rise due to aggressive rollout of third and fourth generation technology networks, encouraged by increasing mobile mobile data usage and focus on quality of service. Financial Astrology

Industry to uncover its best at Auto Expo 2016

As many as 650,000-700,000 visitors are expected to visit the biennial Auto Expo in Greater Noida, making it Asia’s largest auto show. Some of world’s major vehicle manufacturers will showor launch as many as 85 passenger cars, sports utility vehicles (SUVs), two-wheelers and commercial vehicles at the event, nearly twice compared to 2012 and five more than 2014.Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part in the Expo, which will be thrown open to the general public this Friday.   Himanshu Tiwari Astrologer Blog

While the auto industry is upbeat about the event and is putting its best foot forward, demand in showrooms is bleak. Auto sales grew just 1.3 per cent in the April-December period on the back of multiple launch failures and continued high discount levels.   Financial Astrology

Recent rulings over diesel vehicle sales and bringing forward of stringent emission norms — both of which were business negative for vehicle makers — has defused enthusiasm to some extent. “We do not know who is making the decisions and who should we be listening to – the ministry or the courts,” a senior executive of a Mumbai-based company had said.  Personal Numerology

But with just 15 Indians in every 1,000 owning a car (compared with 40 in China and 700 in Europe) manufacturers cannot ignore the market despite the adversities. According to Ford Motor Company’s calculations, India is going to be the world’s third-biggest automobile market by 2020 with sales of seven million units per annum.      Indian stock market astrology prediction

Manufacturers are driving into uncharted territories. For example, Maruti Suzuki — the country’s largest car maker — will make its entry into the compact sports utility vehicle (SUV) segment, an area which has seen robust growth in the last two years. Maruti will launch the sub-4 metre SUV Vitara Brezza that will challenge the Ford EcoSport and the Mahindra TUV3OO.Unlike the passenger car segment where it has defended a market share of 53 per cent despite stiff competition, the company is a late entrant into the utility vehicle space. However Maruti’s focus wont deviate from the small car segment entirely as a new addition would be made with the launch of the Ignis, a compact hatchback slightly bigger than the Celerio.    Sensex Astrology 

Some recent setbacks notwithstanding, Tata Motors will unveil four new products, including two cars and two utility vehicles (UVs) in the passenger car category. These will be the Zica (hatchback), a compact sedan based on the Zica, Hexa and Nexon (both UVs).Chrysler’s iconic SUV brand Jeep will finally mark its entry into India after a delay of nearly two years. Italian car maker Fiat, which owns Chrysler, will launch two models.    Share Market Astrology

Over 1,000 flats of Supertech's project Czar in Greater Noida to be sealed

In a second blow to real estate developer Supertech, theGreater Noida Industrial Authority (GNIDA) has orderedsealing of over 1,000 flats in the company's project Czar in Greater Noida, citing violation of rules.  Nifty Trading Tips

Some residents of Czar went to GNIDA and complained about violation in the sanctioned plan. Subsequently, the authority passed the order to seal 1,009 flats in Sector Omicron-1, Greater Noida. Out of the total units, about half have already been sold.The notice was given on April 11 and the company has been given 30 days to implement it or face action.    Jackpot Stocks Trading Tips

However, Supertech claims that it has not violated any rule and had purchased FAR from the authority in 2014.This is the second such instance where Supertech has been hauled by the authorities. In 2014, the Allahabad High Court had ordered demolition of two towers in Supertech's project Emerald Court in Noida as the company built than what was permittedHowever, the company challenged the order in the Supreme Court where  still pending. Commodity Market Astrology Tips 

The buyer's activism is on the rise for last few years where they have come down to the streets and protested against the developers. Currently, the realty sector is devoid of any regulator. With the passage of the recent Real Estate Regulatory Bill, things are expected to improve in the future.The real estate market is in a slowdown phase where developers are struggling with low sales and high inventory.        Stock Market Trading Tips