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12/02/2020

STOCK PICK:
NLC (BUY)
NALCO (BUY)
For Price Levels refer attached image.

04/02/2020

STOCK PICK:
ONGC (BUY)
HAVELLS (BUY)
TATA MOTORS (BUY LIMIT)
For Price Levels refer attached image.

03/02/2020

STOCK PICK:
LICHF (BUY)
EXIDE (BUY)
APOLLOTYRES (BUY)
For Price Levels refer attached image.

31/01/2020

Expectations of Union Budget 2020-21:

Asia’s third largest economy, India is going to table the Union Budget of 2020-21on Saturday, February 1 by the Finance Minister Nirmala Sitharaman. This is the second time the budget going to be presented on Saturday. Previously, 2015-16 budget was held on February 28, which is also a Saturday.

Last year the Indian economy was struggling with a record low GDP of 4.5%. Unemployment rate has shown worst figures and made a record low, Automobile and FMCG sector made a temporary shutdown because of its sales numbers. Later, Finance Minister slashed the corporate tax which benefited the industries and corporate. The economy is improving at a slow phase with some steps done by the Finance Minister and job creation also started its numbers. The IMF curtailed the growth rate of Indian economy to 5.8% in 2020. The Modi’s government is targeting for a $5 trillion economy in 2024.

Earlier, the Reserve Bank of India (RBI) has cut the interest rate six times by 135bps in the previous year but the growth rate is very sluggish. The experts believe that there will be a tax exemption in personal income. The other expectations are deduction in GST percentage for Automobile sector which will boost up their sales and production. The government has to take some measures to boost Agro sector which believes to be the main core for economy. Consideration of Long term capital gains tax, the government also has to take steps to narrow fiscal deficit. The key part for the government has to take measures to control the consumer inflation. The economic survey of the country will be released on January 31, 2020.

Now, what are the expectations from experts on this budget and Finance Minister will give remedy to achieve the goals? Wait for the Budget day February 1, 2020 at 11 AM.

31/01/2020

STOCK PICK:
GAIL (BUY LIMIT)
For Price Levels refer attached image.

29/01/2020

STOCK PICK:
BPCL (BUY)
For Price Levels refer attached image.

22/01/2020

STOCK PICK:
COAL INDIA (BUY)
ARVIND Ltd (BUY)
For Price Levels refer attached image.

14/01/2020

A new beginning A new destination May things be blissful and full of joy. Happy Pongal and Makar Sankranti.

26/12/2019

STOCK PICK:
APOLLO TYRES (BUY)
For Price Levels refer attached image.

24/12/2019

Wishing you a magical and blissful holiday!
Have a merry Christmas and prosperous New Year!

18/12/2019

IPO LAUNCH⏫

Stock Name : Prince Pipes and Fittings Ltd
Market Lot : 84 Shares
Face Value : Rs.10
Listing Exchange : BSE & NSE

Prince Pipes and Fittings Ltd is committed towards constant innovations in plumbing-pipes, irrigation and sewerage technologies. Innovations that meet the nation’s constantly increasing water demands. Innovations that pave the way for a future that provides clean water for everyone and everywhere; from the smallest villages to the largest cities.

Now Prince Pipes and Fittings Ltd entering into the capital market with its initial public offering (IPO).

18/12/2019

STOCK PICK:
NLC & GAIL (BUY)
For Price Levels refer attached image.

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