Indian Stocks Close Higher Despite Weakness in Global Markets

Indian Stocks Close Higher Despite Weakness in Global Markets

Indian stock market closed higher on Monday despite weakness in the U.S. market and other major Asian stock exchanges. Indian markets have been moving with global indices but due to fears of trade war between the U.S. and China, Dow Jones has remained highly volatile during the last two weeks. Indian markets are now looking at quarterly results as the next trigger. As investors shrug off the U.S. and China trade war issue, local factors will be important to watch for Indian stocks.

N26 raises $160 million in Series C funding round led by Allianz X and Tencent

N26 raises $160 million in Series C funding round led by Allianz X and Tencent

German direct bank N26 has raised money in series C funding round. The online bank offers services in majority of Eurozone. The bank founded in February 2013 has witnessed impressive growth due to its low costs and online services.

As per reports, N26 has raised $160 million in a funding round co-led by Allianz X, the digital investment unit of Allianz Group, and Tencent Holdings Ltd., a leading provider of internet value-added services in China. The funding will be used to accelerate N26’s global growth strategy and product vision.

Indian Stocks Register Impressive Gains as Inflation Remains Low

Indian Stocks Register Impressive Gains as Inflation Remains Low

Indian stock markets registered impressive gains as the global stock markets improved last week and Indian market was lagging behind. Indian stocks opened strong on Monday and selling pressure was witnessed at higher levels. However, towards the end of the trading session, markets registered strong gains and BSE Sensex closed with gains over 600 points. NSE Nifty closed above 10,400. Market analysts consider 10,300 as an important support level for Nifty and the market crossed this level during the early session.

Indian Market Weekly Outlook by Epic Research

Nifty and Sensex Outlook

Indian market faced massive selling during the week and majority of panic in the local market was due to global cues. Indian stocks ended the week lower and NSE Nifty dropped below crucial support level. Indian Public Sector Banks spoiled the sentiment as continued selling in some of major banking counters led to decline in benchmarks. Banks are suffering from major crisis after bank guarantee scam by Nirav Modi and Gitanjali Gems.

During the week, U.S. President Donald Trump announced tariffs on steel and aluminum imports. The tariffs were condemned by majority of world leaders but President Trump continued with his plan to announce tariffs. After the announcement, Dow Jones Industrial Average still managed to close with minor loss on Thursday.

Indian Stock Market Outlook by Epic Research

Indian Stock Market Outlook by Epic Research

Global markets recovered by Indian market remained under pressure last week. The markets recovered during Friday's trading session but market analysts are still not sure if the markets will show a strong upside movement in the coming week. Have a look at Epic Research analysis on Indian Stock Market.

Nifty rebounds after three weeks of consecutive losses and end with indecisiveness forming a long-legged Doji on the weekly chart. A week with a lot of consolidation as the market traded within a range of 2%. Global market cues were also mixed as most leading indices were in consolidation while only Euro markets traded higher. Late weekend buying helped Nifty to almost reclaim the 10500 mark while bank Nifty also rebounded from 24800 to comfortably settle above 25K mark.

Indian Stock Market Remains Low While Global Markets Recover

Indian Stock Market Remains Low While Global Markets Recover

Indian stock market remained range-bound during the past week even as stocks managed to recover quite smartly across the globe. Indian market also remained low as public sector banks remained on investor’s selling list. PNB suffered the most during the recent banking scam involving Nirav Modi and Gitanjali Gems.

Dow Jones Industrial Average staged a smart recovery over the week. While the FED meeting led to decline in Dow Jones, the U.S. markets recovered a day after Federal Reserve meeting. Dow Jones looks strong at the moment and with minor correction that started in February, markets are looking forward to gain further in upcoming weeks.

Indian Stock Market Outlook by SAMCO

Indian Stock Market Outlook by SAMCO

Indian Stocks remained subdued even as global markets recovered smartly. The banking sector turned the sentiment negative. During most of the trading sessions, stocks witnessed gains but by the end of the session, majority of gains were wiped out. Selling pressure was usually witnessed at higher levels.

Below is market view and outlook by SAMCO Securities....

Market crawled up during the week but gave up the gains by the close of the week, inspite of positive global sentiments, principally due to home grown PSU banking mess being denuded by Punjab National Bank. Generally such mess comes out during bottoming cycle, which PSU banks are passing through. Worst seems to have been discounted in the PSU banks but positive triggers are awaited.

Introducing the World’s First Reversible Multi Way T-Shirt, VERSATYL Reverso!

Introducing the World’s First Reversible Multi Way T-Shirt,  VERSATYL Reverso!

When it comes to fashion, consumers have lot of options. Textile companies and fashion houses are coming up with innovative ideas that offer better styling and comfort. One such brand, leading innovation in fashion is Versatyl.

Introducing ‘VERSATYL Reverso’, Versatyl’s latest offering. This 4-in- 1 T-shirt is another revolutionary product that Saneen Javali, the brains behind Versatyl Wear, has brought to our lives. VERSATYL Reverso is the World's First Reversible Multi way wearable T-shirt. The Reverso T-shirt can be worn
in 4 different ways, essentially, ensuring that you get 4 unique, colourful T-shirts all wrapped in one amazing package.

Indian Stock Market Outlook by Epic Research

Indian Market Outlook by Epic Research

Indian stock market declined last week despite strong recovery in the U.S. markets. Indian investors continued offloading their holding at higher levels, leading to selling pressure on majority of stocks. While blue-chip companies declined less compared to mid-caps, there were select stocks that managed to recover from their recent lows. If the momentum in the U.S. market continues, Indian stocks should see recovery.

Public Sector Banks suffered after a fraud at PNB was reported last week. PNB lost ground as investors dumped the stock. Other stocks in banking sector also suffered as some of the banks reported higher NPA and slippages in the quarterly results.

Epic Research team has offered its view for the Indian markets below...

Indian Stock Markets Mimic Dow Jones

Indian Stock Markets Mimic Dow Jones

Indian markets witnessed extreme volatility as the Dow Jones Industrial Average faced sharp decline after touching all-time high during first week of February. As the U.S. markets declined, Indian stocks also witnessed selling pressure with market dropping by nearly 1,000 points in a single trading session. However, as Dow Jones recovered in the second trading session after decline, Indian stocks jumped back to cover up some of the losses.

Dow Jones declined on Thursday again, sending shockwaves across the globe. Markets in Europe and Emerging markets witnessed decline during the last trading session. Dow Jones recovered some of the losses during Friday trading but volatility has resulted in panic selling in select stocks.

5 Points That Prove Buying Jewellery Online is Safe

5 Points That Prove Buying Jewellery Online is Safe

As the world moves online, it’s only natural we want to conduct an increasing number of our shopping activities over the internet. While we don’t seem to think twice before ordering shoes and clothes online, why do we exercise a generous dose of caution when thinking of buying jewellery online? It’s true that some of us are still sceptical of buying high-value items over the internet. However, with brands gaining trust in the market, there is no reason to avoid buying jewellery online. Not only do you get the chance to browse through and compare a variety of items online, but you also get the benefit of paying lower prices when you shop from trusted jewellery experts.

Learning To Let Go: Why It's Important?

Learning To Let Go: Why It's Important?

Sometimes relationships end easily. You have a fight, you can't stand each other any longer, so you split and rarely think of each other. But sometimes, your relationship ends abruptly, and you are not sure whether it is over or not. You find yourself in limbo, as you can't start a new relationship and you can't reconcile with your ex. At first, you feel the urge to let go your ex, you're trying to find the reasons to hate him or her, and when everything seems alright, the thoughts that you can still reconcile start haunting you. You end up reading thousands of articles with titles like “How to learn to let go?” or “How do I learn to let go?”. Learning to let go is crucial to both you and your partner, and primedating.com offer you to figure out why.

Budget Views: Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank

Budget Views: Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Ban

Indian economy has started showing some signs of improvement and economic indicators point towards slow recovery in government revenue. However, the GST collections have reduced in the recent months and Finance Ministry is concerned about the issue. The informal economy suffered a major blow and farm incomes reduced. The Finance Minister has introduced a budget which is focused on agriculture sector.

We present views of Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank on the Union Budget presented by Arun Jaitley.

A budget focused on priority segments

The Finance Minister focused the FY18/19 budget on spends in Agriculture, rural upliftment, the poor, health, education, Infrastructure and Digital India.

Indian Stocks Touch New High, Outlook for Next Week

Indian Stocks Touch New High, Outlook for Next Week

Indian stocks touched new all-time high this week. The markets worldwide have witnessed strong gains, mainly led by the U.S. stock markets. Investors are upbeat and strong economic signals have improved confidence of funds managers about future market returns. Indian stocks touched new high and markets were trading strong with small declines in select counters.

Indian Real Estate Outlook by Ruparel Realty

Indian Real Estate Outlook by Ruparel Realty

Indian real estate sector is expecting better growth in 2018 and the majority of gains could be witnessed in organized real estate segment. Many Indian real estate developers are working on affordable housing projects. Over the last few years, inventory levels have remained high in fast-growing Indian cities.

In 2018, real estate experts are expecting better demand for affordable housing and medium cost housing in developing cities. The bank interest rates have declined and home buyers can now buy with confidence as real estate developers will be following RERA regulations.

Indian Real Estate Outlook and Comments by Piramal Realty

Indian Real Estate Outlook and Comments by Piramal Realty

Indian real estate sector is undergoing major changes as the government has announced RERA regulations. State governments have notified their own RERA regulations and real estate developers have to get their projects approved under new ruling. Many rogue developers and real estate companies with limited funding will not be able to start with new projects as requirement bar has been raised by majority of states across India.

Modi Could Lead Indian Delegation at Davos WEF

Modi Could Lead Indian Delegation at Davos WEF

Prime Minister Narendra Modi could lead delegation of nearly 100 CEOs from Indian companies at Davos World Economic Forum in Switzerland. Many top officials and Union Ministers are also expected to attend the event of International business community. As per media reports, Modi is also expected to also expected to address a special plenary session in Davos. After 1997, Modi will be the first Indian Prime Minister to attend the event in almost two decades.

Biotcoin shows further strength and $20,000 is the next target

Biotcoin shows further strength and $20,000 is the next target

Bitcoin is showing further strength and the value could soon touch $20,000 as more people are buying cryptocurrency after its recent rally. While many technical experts, bankers and government authorities have spoken against the Bitcoin valuations, small investors have ignored those warnings. Bitcoin traded in $13,000 - $18,000 range during the first half of December 2017 but now it is looking all set to cross $20,000.

Tata Motors introduces compact SUV Nexon

Tata Motors introduces compact SUV Nexon

Indian automobile giant Tata Motors is aiming at improving its service network in order to boost consumer confidence in its vehicles. Tata Motors is working on a plan to rationalise the number of platforms to two from the six at the present. The company said that the motive behind the move is improved efficiency, better consumer satisfaction and cost cutting.

Indian Stock Market Outlook by Epic Research

Volatility dominates the expiry week with Nifty shredding 2.5% eroding its gains

Indian Stock Markets are trading near their all-time high and any negative news at this point can lead to selloff in equities. While the markets have bounced back quite sharply after each minor correction, the sentiment in local markets will largely depend on global cues. The U.S. government is expected to move ahead with tax overhaul and US stocks are leading global rally on expectations of major tax relief for large businesses. Indian Markets can see volatility in December on account of Gujarat Election results.

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