Amit Goel

14/08/2022

Wish you all a very Happy Independence day 🇮🇳🇮🇳🇮🇳

As India achieves with pride & glory the 75 years of Independence, I thank with folded hands to all freedom fighters & Indian Army to retain it ever after!!

Bharat Mata ki Jai
Vandematram
Jai Hind 🇮🇳🇮🇳🇮🇳

14/02/2021

01/02/2021

Union Budget 2021, Some Key points

01/02/2019

Better late than never, Rs.5 lakh exempeted from income tax, Have been advocating this since long. Effectively now with all 80c, home loan beniefits Your 8.5 lakh income annually is tax free. Kudos to govt. This will not only provide relief to middle class and salaried indivisuals, but also improve tax compliance and tax net in long run.

20/07/2018

RG hugged PM, came back and winked at his colleage behaving like a school student who has won a challenge to do something with classmate. And he wants the nation to take him seriously and make him PM.

05/07/2018

Today's Nifty Strategy :

02/07/2018

Morning Market Brief :

Nifty made a strong comeback and completely recovered losses of the last trading session,
thanks to firm global cues and recovery in rupee against the US dollar. It made a firm start, mirroring global counterparts and maintained that bias till the end. It was broad base recovery and almost all the sectoral indices participated in the move wherein energy, metal and FMCG topped the gainer list.
Markets are currently dancing to the global tunes and we feel the prevailing scenario would continue in absence of any major event on local front. Thus participants should closely watch on global developments along with currency movement and progress of monsoon.
Meanwhile, we advise limiting leveraged positions and preferring hedged trade.

28/06/2018

Morning Market Brief :

The bears took a grip over the Indian markets, as the equity benchmark indices ended
Wednesday’s session sharply in the red, led by negative global cues. The Nifty index opened marginally in the green, but the gains soon fizzled out, as the index slipped from an intra-day high of 10,786 and witnessed selling pressure throughout the session, finally
closing down 0.9% at 10,671 levels. Global trade war concerns between US and other major economies and weak rupee dampened the sentiments. The broader market indices
continued their underperformance, with BSE Smallcap & Midcap closing with hefty losses of 2% & 1.5% respectively. Broad based selling was witnessed across all the sectors except IT, which outperformed, closing in the green. Oil & Gas index was a top loser, down 3.8%, followed by Realty, Capital Goods, Power, Auto & Metals, which ended sharply in the red.
Globally, the Asian indices ended lower, while the European markets were trading flat to marginally higher.With lack of any fresh positive domestic triggers and uncertain global cues, some further correction / consolidation in the Indian markets cannot be ruled out. Market participants will continue to monitor the progress of monsoon and movement of crude oil prices & currency (INR vs USD). Volatility may be induced if the global trade war rhetoric escalates.
We advise traders to remain cautious and avoid risky leveraged positions.