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Showing posts from October, 2019

Positive trend in gold to remain intact in medium term

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We are expecting that the international gold is likely to trade in the range of $1,350 - $1,600 per troy ounce in the next one year while silver is expected to trade in the range $16.20 - $20.00 per troy ounce After a negative closing in the year 2018, the global gold market has been witnessing a bull run since the start of 2019. The year 2019 has been the year of bullion for the global commodity market wherein gold and silver prices staged a strong rally. Gold has received safe investment boost from a host of events that took across the globe such as extension and intensification of Sino-US trade, geopolitical tension in the Middle East, the US sanction of Iran, Nigeria and Venezuela, an extension of trade dispute of the US with European, Mexico, and India. The weakening of the global economic condition also attracted increased investment into the bullion market in general and gold in particular. As a result, the CME gold prices surged by 22.24 percent since closing on M

Hot Stocks: Bulls hoping for a strong rally soon; strong support seen at 11,450 for Nifty

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11,450-11,350 can be seen as immediate supports and on the higher side, the rally could extend towards 11,850-11,900, and then beyond 12,000 once Nifty manages to sustain above 11,700. By Sameet Chavan The benchmark index, Nifty50, might be trading well above levels that were seen in the last Diwali, but the ground reality is not the same. If we look at the way some of the stocks from the broader markets were hammered, most of them are now trading near multi-year lows or 52-week low. Market participants had to undergo a lot of stress as we didn’t see any respite in the market. Finally, in the second half of September, our Finance Minister pulled off a masterstroke by slashing the corporate tax rate. This certainly bolstered traders’/ investors’ sentiments, which was then reflected in a colossal rally of more than 8 percent in merely two days. However, the pain is still not out of the system as we can see some indecisive swings thereafter. In the midst

Basic DO’s and DON’Ts of investing that you should follow

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Basic DO’s and DON’Ts of investing that you should follow Investment is a way of investing money to earn more profit. Basically, it is the initial step towards the potential security of your funds. Investment is an important thing from several points of views because it is one of the best ways to get high ROI. There are different factors that affect your investment and revenue. There are numerous ways of the savings by which you can save your future. In addition, there are many things those investors should remember means what to do and what don’t do. DO’s of investing that you should follow It is important for investors to check the company’s credentials, management, fundamentals, the latest announcements and different other disclosure before placing an order by the market intermediaries. It is one of the investing rules. In addition, there are many sources of information like exchanges websites & companies, data vendor databases, business magazines and many more to g

Sensex hits record high! These 20 stocks surged 30-99% in 5 months

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Rusmik Oza of Kotak Securities said breaking the last two years' trend he can expect mid & small-caps to outperform the Nifty/Sensex in the next one year because of their beaten-down nature and valuations. Investor sentiment seems to have turned positive again as the Sensex climbed back to mount 40,000 after nearly a five-month break and hit a new record high of 40,345. Slowdown worries, weak earnings in June quarter, FII selling, NPA concerns among other factors ruined investor confidence and dragged the index to 36,100 levels, on an intraday basis, from the peak of 40,308 on June 3, 2019. The massive correction got the acknowledgement of the government, which introduced a slew of measure to revive the economy, as well as, earning of the India Inc. In the two months after touching the low of 36,100 levels on August 23, the index gained more than 3,900 points. The market generally factors in all the positive and negative news sooner rather than later. He

Gold has a lot to offer this festival of wealth and prosperity

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After months of gains, the gold price has turned rangebound lately as market players await more clarity on major issues like US-China trade and Brexit. Gold has a great significance in Indian society and while there is no "right" time to invest in gold, some days are considered more auspicious than others to buy the metal. One such day is Dhanteras, which falls on October 25, this year. The first day of the five-day-long Diwali festival, Dhanteras - the  puja  of wealth - is celebrated on the 13th day of the month of Ashwin, as per the Hindu lunar calendar. It is customary to purchase gold and other precious things on this day as it is understood to bring prosperity. If we see gold's performance from last Dhanteras, price in the Indian market has risen by more than 19 percent while the international price has slightly outperformed with a gain of nearly 21 percent. Gold has given a good return in the past year but what needs to be assessed is whether this wil

How to Choose the Best Stock for Investment?

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There are many stock options are present in the market and it is not possible for an investor to invest in every option. You will need wise comparison and careful selections of options before choosing the best stock for investment. Determine your goals, keep your eyes open, finding growing companies and turn to corporate presentations can be good ideas before choosing any stock. Some Rules to Choose a Better Stock Option Rule 1 : Focus on the easy to understand Business Model Company. It requires a good understanding of the business. Consider a trusted company before making an investment because it can give you better returns. In trusted companies, many people invest to like you, so it increases the chance of higher returns. Rule 2 : Make an investment in “best in breed” companies. So first know the difference between a brand and best in breed business. For retailing than investment, the brand is more than a word. You can understand this with an example like in the mining s

Copper futures up on spot demand.

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On the Multi Commodity Exchange , copper contracts for October delivery traded higher by Rs 1.80, or 0.41 per cent, to Rs 442.40 per kg in a business turnover of 1,957 lots. Copper prices traded up by Rs 1.80 at Rs 442.40 per kg in futures trade on Monday on pick-up in spot demand. Higher prices of the metal in global markets also influenced the sentiment, traders said. On the Multi Commodity Exchange, copper contracts for October delivery traded higher by Rs 1.80, or 0.41 per cent, to Rs 442.40 per kg in a business turnover of 1,957 lots. Similarly, the metal for delivery in November edged up by Rs 1.90, or 0.43 per cent, to Rs 447.45 per kg in 166 lots. Trading on the MCX was closed till 1700 hrs on Monday on account of Maharashtra Assembly elections Globally, the three-month copper contract traded higher by 1.17 per cent at USD 5,806 per tonne on the London Metal Exchange. The Great Diwali Discount! On the oc

ऐसे शेयर जो धमाकेदार रिटर्न से बढ़ा सकते हैं आपकी दिवाली की चमक

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दिवाली पर शुभ निवेश की परंपरा रही है और बात जब निवेश की हो तो , इक्विटी एक बेहतरीन विकल्प है। कहते हैं कि दिवाली पर घर लक्ष्मी आती हैं, यही वजह है कि दिवाली पर शुभ निवेश की परंपरा रही है और बात जब निवेश की हो तो, इक्विटी एक बेहतरीन विकल्प है। बाजार में कई ऐसे शेयर हैं जो धमाकेदार रिटर्न से आपकी दिवाली की चमक बढ़ा सकते हैं और जीवन में समृद्धि ला सकते हैं। तो चलिए जानते हैं किन शेयरों से आपकी दिवाली और ज्यादा रोशन होगी। आपको दिवाली गिफ्ट देने के लिए सीएनबीसी-आवाज़ के साथ MOTILAL OSWAL FINANCIAL के सिद्धार्थ खेमका, SMC GROUP के सौरभ जैन और IDBI CAPITAL के उर्मिल शाह जुड़ गये हैं। SMC GROUP के सौरभ जैन की दिवाली गिफ्ट पिक्स ICICI BANK : खरीदें, लक्ष्य-512 रुपये ICICI BANK का मुनाफा बढ़ाने पर फोकस है। इसकी लोन ग्रोथ, CASA ग्रोथ में लगातार सुधार हो रहा है। इसके अलावा आगे फंडिंग की डिमांड बढ़ने की उम्मीद है जबकि क्रेडिट कॉस्ट में गिरावट आ सकती है। L&T: खरीदें, लक्ष्य-1680 रुपये कंपनी को निवेश बढ़ने का फायदा मिलेगा। इस कंपनी को टेक्नोलॉजी और क्षमता के बेहतर इस्तेम

Brokerages raise target price in these 3 stocks post Q2 results

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Brokerages have raised target price on HUL, Infosys and Avenue Supermarts, while maintained their rating post their Q2 numbers. The Indian market has been witnessing volatility in the last few session as the earnings season kicked off for Indian Inc. Concerns over the US-China trade deal, stressed financial sector and expectation of a further stimulus by the government have also added kept investors on their toes. Analysts expect the earnings to remain tepid this quarter. Meanwhile, some of the companies have already declared their earnings for the quarter ended in September 2019. HUL, Infosys and Avenue Supermarts are the three companies that got a pat on the back from the brokerages after their Q2FY20 results. The company reported a 5.8 percent sequential growth in Q2FY20 with its net profit at Rs 4,019 crore. Revenue during the quarter rose 3.8 percent QoQ to Rs 22,629 crore, while in dollar terms revenu