Tumgik
#sensex option chain
abhishek21 · 2 years
Text
Understanding Nifty Option Chain
Tumblr media
Before understanding the Nifty Option chain, you must first understand what Nifty is. NIFTY stands for National Stock Exchange Fifty which is an index on the NSE. This index represents all the stocks' total market value for a specific period. So Nifty is a market index known as Nifty 50, which shows the weighted average of the largest 50 Indian NSE listed companies. This is the NSE index, and SENSEX is the BSE Index that shows 30 companies that are financially largest limited to the Bombay Stock Exchange.
So, now the Nifty Option is a derivative where the Nifty is the underlying asset. To clear the understanding of the Nifty Option chain, you should know that the Nifty Option has a lot size 75, just like the Nifty Futures has a 50 lot size.
The trader needs to pay the Nifty Option premium upfront on the underlying asset's actual value. The Nifty option has multiple expiry periods and has different strike prices.
So let’s start Understanding Nifty Option Chain and how to analyse Nifty option chain, and what is Nifty option chain analysis is.
If you try to find out the nifty option chain analysis online on various websites, you may witness that all providers have different ways of representing the data on their Option Chain Page. But all of them use the exact data for the nifty option chain analysis. So there is nothing to get confused about as they have different ways to show the data to the viewers. Most people choose their website or portal for understanding Nifty Option Chain.
refer our detailed blog to learn more options strategy
0 notes
egpiner · 2 years
Text
Nifty chart
Tumblr media
NIFTY CHART DRIVERS
(Rajesh Palviya, Vice President – Research ( Head Technical & Derivatives), Axis Securities. Break Even points of the strategy are 17,735 on Upside & 17,285 on the lower side. Get latest stock market news on NIFTY stock prices, NIFTY Index constituents, NIFTY latest News, Charts, Advancing Stocks, Declining Stocks, NIFTY Top Positive. It is one of the two main stock indices used in India, the other being the BSE SENSEX. The cost of the strategy involves outflow of Rs 750 which is the maximum loss if Nifty closes & remains above 17,300 levels on expiry, however any sharper movement on lower side could result in losses and hence it’s advisable to exit the strategy in total below 17,300. Use this mobile responsive widget to display live Nifty ticker prices and historical NIFTY line chart data, on your website. The maximum profit of Rs 6,750 will be attained at 17,600 levels, while strategy will start making loss below 17,300. The strategy which we are suggesting for the weekly expiry scheduled on 25th August is a Bearish strategy namely PUT LADDER, which involves buying of one lot of Nifty 17,750 PUT 122 & selling of one lot each of 17,600 PUT 70 & one lot of 17,450 PUT 37. NSE Nifty 50 trading strategy for 15 August weekly F&O expiry One Can focus on stocks like Siemens, Thermax, ICICI Bank, Kotak Mahindra Bank, DLF, Godrej Property, SBI, Deepak Nitrite, SRF, UBL, Adani Port.Īlso Read: Buy these two stocks for gains while Nifty forms bearish pattern on daily charts, support at 17500 NIFTY 50 Option Chain - Latest updates on Live Nifty/NSE 50 Option Chain, Nifty Stock Options prices, Bank Nifty Option Chain, Charts & more on Groww.in. We expect sectors like Capital goods, Chemical, Banking and Real estate may show bullishness in near term. The weekly strength indicator RSI is moving upwards and is quoting above its reference line indicating positive bias however the negative crossover on the daily chart signals price correction. For the week, we expect Bank Nifty to trade in the range of 40400-37600 with mixed bias. However if the index breaks below 38700 level it would witness selling which would take the index towards 38000-37600. The chart pattern suggests that if Bank Nifty crosses and sustains above 39300 level it would witness buying which would lead the index towards 39800-40400 levels. On the weekly chart the index has formed a Bearish candle with a long upper shadow indicating profit booking as well as resistance at higher levels.
NIFTY CHART DRIVERS
The higher the open interest of a particular stock, the better.Dollar liquidity, inflation among key drivers for Rupee check INR performance against major currenciesīank Nifty closed at 38986 with a loss of 56 points on a weekly basis. The charts should not be relied upon for the stocks where the open interest is very low. Are these charts reliable in identifying support and resistance levels? The major supports and resistances get broken during strong up or down moves. If a particular stock has a market cap of INR 1 Trillion and OI is just ten thousand then the Open Interest data should not be used to identify levels for that particular stock.Īlso, if the stock is in sharp uptrend or the momentum is very strong, the trader should not rely on support and resistance from these charts. Similarly, the strike price with highest Open Interest of Puts of considered a resistance level for that stock Generally speaking, the strike price with highest OI of Calls is considered a resistance. The charts can be used to identify the support and resistance levels based on Open Interest data. The total open interest of Puts and Calls is visible for each strike price for that particular stock. The NSE Option Chain chart for stocks above shows open interest data for stock options that are trading on NSE India. What is “Stock Options Chart for derivative stocks”?
Tumblr media
1 note · View note
astrodunia · 3 years
Text
National Stock Exchange of India Limited (NSE)
What Is the National Stock Exchange of India Limited (NSE)?
The National Stock Exchange of India Limited (NSE) is India's biggest monetary market. Fused in 1992, the NSE has formed into a refined, electronic market, which positioned fourth on the planet by value exchanging volume. Exchanging initiated in 1994 with the dispatch of the discount obligation market and a money market portion presently.
Tumblr media
Understanding the National Stock Exchange of India Limited (NSE)
Today, the National Stock Exchange of India Limited (NSE) manages exchanges in the discount obligation, value, and subsidiary business sectors. One of the more well-known contributions is the NIFTY 50 Index, which tracks the biggest resources in the Indian value market. US financial backers can get to the file with trade exchanged assets (ETF, for example, the iShares India 50 ETF (INDY).
The National Stock Exchange of India Limited was the first trade in Quite a while to give current, completely mechanized electronic exchanging. It was set up by a gathering of Indian monetary organizations determined to carry more noteworthy straightforwardness to the Indian capital market.
KEY TAKEAWAYS
· The National Stock Exchange of India Limited (NSE) is India's biggest monetary market and the fourth biggest market by exchanging volume.
· The National Stock Exchange of India Limited was the first trade in Quite a while to give current, completely computerized electronic exchanging.
· The NSE is the biggest private wide-region network in India.
· The NSE has been a pioneer in Indian monetary business sectors, being the primary electronic breaking point request book to exchange subsidiaries and ETFs.
Extraordinary Considerations
As of June 2020, the National Stock Exchange had amassed $2.27 trillion in all-out market capitalization, making it one of the world's biggest stock trades. The leader file, the NIFTY 50, addresses most of the complete market capitalization recorded on the trade.
The complete exchanged worth of stocks recorded on the list makes up practically 50% of the exchanged worth of all stocks on the NSE throughout the previous half-year. The actual list covers 12 areas of the Indian economy across 50 stocks. Other than the NIFTY 50 Index, the National Stock Exchange keeps up with market records that track different market capitalizations, unpredictability, explicit areas, and factor techniques.
The National Stock Exchange has been a pioneer in Indian monetary business sectors, being the principal electronic breaking point request book to exchange subordinates and ETFs. The trade upholds in excess of 3,000 Very Small Aperture Terminal (VSAT) terminals, making the NSE the biggest private wide-region network in the country. Girish Chandra Chaturvedi is the Chair of the Board of Directors and Vikram Limaye is the Managing Director and CEO of the trade.
Tumblr media
Advantages of the NSE
The National Stock Exchange is ahead commercial center for organizations getting ready to list on a significant trade. The sheer volume of exchanging action and the use of computerized frameworks advances more prominent straightforwardness in exchange coordinating and settlement interaction.
This in itself can help permeability on the lookout and lift financial backer certainty. Utilizing state-of-the-art innovation additionally permits requests to be filled all the more proficiently, bringing about more noteworthy liquidity and precise costs.
Contact Us
Talk to us and let us help you
Communication is the key to success in almost any sphere of life.
https://astrodunia.com/contact/
0 notes
bloggermotion-blog · 6 years
Text
WHAT ARE THE BEST STOCKS TO BUY IN 2019?
Most experts predicted that India Inc. is on a path to register double-digit earnings in 2019. With the political environment stability, Sensex can hit 40k. Here we discussed some best stocks to buy that can give good returns this year. The low inflation regime, a lower trajectory of crude price, softening of sovereign yields and a relatively stable currency is the healthy signals for the market.
Here is a list of 10 best stocks to buy which can give a 10-80% return.
Reliance Industries
It may give a return of 33%, which may vary in time. For instance, in Reliance industry JIO is beating all other telecom companies in the market and seen growth in other digital ventures. Also, it is retaining strong earnings and business growth in core businesses. Its target price for one year is Rs 1500.
The motto of the Reliance industry is ‘’Growth is Life’’. Their activities span petroleum refining and marketing, retail and telecommunications, hydrocarbon exploration and production and petrochemicals. Hence, it is the largest private sector corporation and also a Fortune 500 company in India.
Hindustan Unilever Ltd.
It offers the best earnings growth visibility. It is a large-cap Indian consumer space. Also, the earnings growth is around 20% which include adaptability to the market requirements. It has strong and recognition execution on naturals. Hindustan Unilever Ltd. has a strong trend toward extensive plans and premiumization to employ technology and create other entry barriers. It is the largest fast moving consumer goods company in India. This company is founded 80 years ago.
ICICI Bank Ltd.
Its performance continues to underlie the traction in the stability and recovery in the core operating matrix. The company has total consolidated assets of $ 173 billion in 2018. Another, it has a wide network of almost 14367 ATM’s and 4867 branches in India.
ICICI Bank Ltd. offers great financial services and banking products to retail and corporate customers through its group companies and a variety of delivery channels. Its board members have experience in management consulting, international business, financial and banking services.
Ashok Leyland Ltd.
It is the Hinduja group’s flagship and the second largest manufacturer of commercial vehicles across India. In the automotive country, it has a well-diversified portfolio and ranked 38th best brand in India. It has product range from genset and marine applications, vehicles for defence and special applications, 16-80 seater buses and diesel engines for industrial. To facilitate road service for vehicles Ashok Leyland Ltd. has a global network of over 550 touch points and it is one of the best stocks to buy.
Titan Company Ltd.
In India people expenses a lot at weddings and the jewellery sales growth of 25% for the year is achievable. So, positive implications on jewellery EBIT (earnings before interest and tax) margin by the SSSG (same store sales growth) because it contributes 75-80% sales growth. Titan Company Ltd. has a 25% earnings growth expectation. Also, revenue is being driven by SSSG so the margin trajectory appears to be on an uptrend.
Infosys Ltd.
It has over three decades of experience in managing the working and systems of global enterprises. Also, its main priority is the execution of change. Similarly, it’s learning agenda for continuous growth through transferring and building digital skills, ideas and expertise from our innovation ecosystem.
It has pick-ups in the retail and financial services, Infosys Ltd. accelerated its growth momentum. Their expectations are to register high revenue in the next three years by the digital segment.
Larsen and Toubro (L&T) Ltd.
With global operations, Larsen and Toubro Ltd. is a major technology, construction, engineering, financial services, and manufacturing conglomerate. Also, it addresses critical needs in infrastructure, power, hydrocarbon, process industries, and defence and serving around 30 countries in the world.
With 8 decades of customer-focused strong approach, it is serving world-class services to us. It has a supply chain that extends around the globe and several international offices. It has its pick-up in private capex cycle which is supported by the Indian government.
Crompton Greaves Consumer Electricals Ltd.
Crompton Greaves is recommended for its market leadership, established brand, wide distribution network, robust RoE/RoCE profile and strong product portfolio. It is one of the leading engineering corporations in the world. From 1937 it is a serving nation in electrical power effectively, an end to end solutions. This increases industrial productivity and sustainability.
Crompton Greaves Consumer Electricals Ltd. has a diverse and unique portfolio ranges from switchgear, transformers and also network protection. Also, it has products on control gear, circuit breakers, HT & LT motors, project engineering etc. These all are enhancing many aspects of personal and industrial life. CG (Crompton Greaves) now enjoys manufacturing bases in Hungary, Belgium, Ireland, Indonesia, UK, France, and the US. By giving employment to more than 8000 employees, so it is a good option for investment.
Aurobindo Pharma Ltd.
It is one of the biggest pharma companies in India and it is also present in Europe, South Africa, and the US. It is founded in 1986 by Mr K. Nityananda Reddy, Mr P.V. Ramprasad Reddy and a group of highly committed professionals. Finally, Aurobindo Pharma Ltd. listed its shares on the stock exchanges in 1995 after becoming a public company in 1992. Also, in semi-synthetic penicillins, it is market leader and presence in key therapeutic segments like cardiovascular, neurosciences, antiretrovirals, gastroenterology, anti-diabetics, and anti-biotics among others.
UPL (United Phosphorus) Ltd.
In 2050 the global population may be reached 9.8 billion. So, the world needs new solutions and ideas. Therefore with bio-solutions, post-harvest from pre-sowing crop care technologies, post-harvest hybrid platforms, and also innovative plant health. Therefore, it creates more choice, greater value, faster access and new levels of sustainability.
UPL (United Phosphorus Ltd) is ranked 5th globally. Even more, company has 10800 employees which are huge. However, by 2022 they are targeting 10% market share and $7 billion in revenue. Serving in 138 countries and has 90% access to the world’s food basket. It has 27 formulation labs and 48 manufacturing plants. Hence, it is one of the best stocks to buy in 2019.
1 note · View note
payrupofficial · 2 years
Text
FIND WAYS TO INVEST SAFELY IN CRYPTOCURRENCY IN INDIA
The rise of cryptocurrency in India is something we have been witnessing for a long time now.
When back in time in 2009, Bitcoin was regarded as nothing more than an interesting phenomenon for the millennials and the technocrats. Despite all this, technicians and futurists forecasted the bright and overwhelming future of cryptocurrencies, which now are drawing the interest of millions from an investment point of view.
Usually, entering the crypto world is done by the complex or intellectual method - mining, as it is commonly called. Taking bitcoins into consideration -bitcoin mining, enforcing the policies by adding blocks of transactions to the blockchain network and that'll earn a user more and more bitcoins. Rewards are given to miners with bitcoins for working in and for the system hand-in-hand.
Cryptocurrency is based on blockchain technology - which is a chain of information registration and distribution that is not controlled by any single institution. The high inflation rates in India along with the restrictive and non-streamlined modes of investment presented a golden opportunity for visionary entrepreneurs to set up cryptocurrency exchanges in the country. Due to the intrinsic nature of crypto and blockchain technology, entrepreneurs were able to give rise to crypto exchanges that have an intuitive and easy-to-use user interface (UI). These crypto exchanges also offered almost no annual maintenance charges (AMCs) and a much lower trading fee moving forward.
With 24x7 availability, minimal design, and potentially sky-high returns on investment for any individual - crypto exchanges boomed and many wanted to get a piece of this pie.
Good to know!
During the first big bull rule, a lot of people signed up for Bitcoin in 2017 and 2018, but nearly 90 percent dropped out. However, after the Supreme Court in March reversed an RBI circular that prevented financial institutions and banks from dealing in crypto, many investors are flocking back slowly again.
How to start investing in cryptocurrency?
Take proper advice and caution while investing in cryptocurrencies. In the past, people invested at different cryptocurrency price points in lump sums or at ICOs (initial coin offerings – similar to an IPO) of other cryptos also lost money as nearly 95 percent of ICOs which were a rage in 2017 didn’t materialize.
When you closely compare the best cryptocurrency, it’s an investment option that beats mutual funds, bank fixed deposits or even Sensex and Nifty returns over a three-year horizon. There are several cryptocurrency exchanges in India such as WazirX, CoinDCX, Zebpay, BuyUcoin, and UnoCoin among others.
The more the exchanges the more users they bring to the market and this is a fact. But with only 900 odd Bitcoins being mined daily demand is increasing, and so is the cryptocurrency price. For the record, the bitcoin supply is capped at 21 million of which about 18.5 million have already been mined and a significant amount is lost forever, stuck in crypto wallets with missing keys!
The large fluctuations happen now because of institutions investing in Bitcoin. Many multinational players have got into the market and are investing some of their clients’ money. In terms of numbers, bitcoin may consolidate between $30,000 to $35,000 in the short term for a month but will gain after that.
Final Thoughts…
Popular bill payment facilities are available on Payrup!
Payrup has a host of facilities that can all be paid online using our platform.
Choose to make payments for mobile prepaid, mobile postpaid, dth, electricity, landline bills, piped gas, broadband bills, water bills, e-gift cards purchases, cable tv bills, credit card bills, health insurance purchases, housing society payments, life insurance premium purchases, loan repayments, hospital payments, subscriptions, education fees, fastag payments, LPG gas bills, municipal services, and municipal taxes’ payments Payrup has it all covered for our users under one roof.
0 notes
Text
Market Talk - June 28, 2022
Tumblr media
ASIA: China’s Premier Li Keqiang said that China’s economy has recovered to some extent, but its foundation is not solid. Speaking to state media he further added that China will strive to drive the economy back onto a normal track and bring down the jobless rate as soon as possible. China’s nationwide survey-based jobless rate fell to 5.9% in May from 6.1% in April, still above the government’s 2022 target of below 5.5%. In particular, the surveyed jobless rate in 31 major cities picked up to 6.9%, the highest on record. Some economists expect employment to worsen before it gets better, with a record number of graduates entering the workforce in summer. Fears of a global recession have gripped all markets alike, but the analysts have opined that recessions in advanced economies may benefit the Indian economy. “India being a net importer of commodities should benefit on the inflation front,” Samiran Chakraborty, managing director and chief economist for India at Citigroup, said in an interview with Bloomberg Television on Monday. He added that India would still face pressures from a global slowdown as it will crimp exports and economic growth. Worries around a recession have emerged as prominent central banks around the world like the US Federal Reserve, ECB are hiking interest rates aggressively to curb the surging inflationary pressures amid the ongoing war in Russia-Ukraine and the roll-back of pandemic-era measures. The major Asian stock markets had a green day today: - NIKKEI 225 increased 178.20 points or 0.66% to 27,049.47 - Shanghai increased 30.03 points or 0.89% to 3,409.21 - Hang Seng increased 189.45 points or 0.85% to 22,418.97 - ASX 200 increased 57.60 points or 0.86% to 6,763.60 - Kospi increased 20.17 points or 0.84% to 2,422.09 - SENSEX increased 16.17 points or 0.03% to 53,177.45 - Nifty50 increased 18.15 points or 0.11% to 15,850.20 The major Asian currency markets had a mixed day today: - AUDUSD increased 0.00019 or 0.03% to 0.69220 - NZDUSD decreased 0.00429 or -0.68% to 0.62571 - USDJPY increased 0.74 or 0.55% to 136.133 - USDCNY increased 0.01386 or 0.21% to 6.70526 Precious Metals: l Gold decreased 1.02 USD/t oz. or -0.06% to 1,821.71 l Silver decreased 0.232 USD/t. oz or -1.10% to 20.910 No economic news from last night: Some economic news from today: Japan: BoJ Core CPI (YoY) increased from 1.4% to 1.5% EUROPE/EMEA: The dollar climbed on Tuesday and the euro held below $1.06 as European Central Bank (ECB) President Christine Lagarde offered no fresh insight into the central bank’s policy outlook. The ECB is widely expected to follow its global peers by raising interest rates in July to try to check soaring inflation though economists are divided on the magnitude of any rate hike. The euro held below $1.06 after Lagarde said the central bank would move gradually but with the option to act decisively on any deterioration in medium-term inflation, especially if there were signs of a de-anchoring of inflation expectations. The Gfk German consumer confidence survey showed on Tuesday that consumer sentiment in Europe’s largest economy is forecast to slide to a record low next month as the war in Ukraine and supply chain disruptions continue to drive food and energy prices higher. The index predicted confidence would decline to -27.4 in July from a revised figure of -26.2 in June. July’s figure is the lowest that has ever been measured by the index since it was created in 1991. German business morale also slumped in June amid worries that rising prices and gas shortages will continue to take a toll on the economy for the rest of the year. Based on a survey of around 9,000 firms, the Ifo business climate index released last week fell to 92.3 points in June from 93.0 points in May amid a gloomy outlook for the remainder of 2022. The major Europe stock markets had a green day: l CAC 40 increased 38.71 points or 0.64% to 6,086.02 l FTSE 100 increased 65.09 points or 0.90% to 7,323.41 l DAX 30 increased 45.75 points or 0.35% to 13,231.82 The major Europe currency markets had a mixed day today: - EURUSD decreased 0.00411 or -0.39% to 1.05378 - GBPUSD decreased 0.00537 or -0.44% to 1.22125 - USDCHF increased 0.00035 or 0.04% to 0.95615 Some economic news from Europe today: Germany: GfK German Consumer Climate (Jul) decreased from -26.2 to -27.4 France: French Consumer Confidence (Jun) decreased from 85 to 82 Italy: Italian Industrial Sales (YoY) (Apr) increased from 21.60% to 22.00% Italian Industrial Sales (MoM) (Apr) increased from 2.50% to 2.70% US/AMERICAS: Consumer confidence is falling in the US – no real explanation needed there. The consumer confidence index dropped to 98.7 in June from May’s revised reading of 103.2 (originally reported as 106.2), as reported by the Conference Board. The six-month outlook for income, labor, and business conditions fell to 66.4 in June, marking the lowest level on record since 2013. Democratic Gov. Newsom of California is handling inflation by spending more federal funds. Around 23 million residents of California are slated to receive between $200 and $1,050 within the next year. This is part of Newsom’s $17 billion relief package, with $9.5 billion going directly to residents. Similar to the stimulus checks of the American Relief Package, those eligible must earn under $75,000 annually and the amount allotted will depend on income and dependents. US Market Closings: - Dow declined 491.27 points or -1.56% to 30,946.99 - S&P 500 declined 78.54 points or -2.01% to 3,821.57 - Nasdaq declined 343.01 points or -2.98% to 11,181.54 - Russell 2000 declined 32.9 points or -1.86% to 1,738.84 Canada Market Closings: - TSX Composite declined 35.58 points or -0.18% to 19,222.74 - TSX 60 declined 3.13 points or -0.27% to 1,166.4 Brazil Market Closing: - Bovespa declined 172.19 points or -0.17% to 100,591.41 ENERGY: The oil markets had a mixed day today: l Crude Oil increased 2.52 USD/BBL or 2.30% to 112.090 l Brent increased 2.93 USD/BBL or 2.55% to 118.02 l Natural gas increased 0.131 USD/MMBtu or 2.02% to 6.6320 l Gasoline increased 0.0812 USD/GAL or 2.12% to 3.9184 l Heating oil decreased 0.0529 USD/GAL or -1.25% to 4.1773 The above data was collected around 12:40 EST on Tuesday l Top commodity gainers: Brent (2.55%), Crude Oil (2.30%), Orange Juice (5.47%) and Bitumen (2.36%) l Top commodity losers: Coffee (-1.84%), Canola (-1.23%), Feeder Cattle (-1.23%) and Heating Oil (-1.25%) The above data was collected around 12:51 EST on Tuesday. BONDS: Japan 0.235%(+0bp), US 2’s 3.12% (-0.007%), US 10’s 3.1923% (-0.17bps); US 30’s 3.30% (-0.002%), Bunds 1.630% (+8.6bp), France 2.1780% (+9.7bp), Italy 3.669% (+3.2bp), Turkey 18.46% (-5bp), Greece 3.889% (+3.2bp), Portugal 2.718% (+7.9bp); Spain 2.735% (+7.2bp) and UK Gilts 2.4720% (+7.7bp). Original Article Original Article Here: Read the full article
0 notes
batniftytrader-blog · 6 years
Link
inancial information source. Provides information on Live Stock Price, Share Market and Analysis on Equity, Sensex, Nifty, Commodity.
Nifty/NSE Put & Call Ratio - Live and latest updates on NSE/Nifty Put & Call Ratio, Most Active Calls & Most Active Puts on BloombergQuint.
1 note · View note
hmatrading · 3 months
Text
In a stunning turn of events, Prime Minister Narendra Modi's bold prediction has become a reality as the Sensex and Nifty soar to unprecedented heights. Investors are buzzing with excitement and optimism as India's stock market reaches record highs. Let's delve into how this remarkable feat came to be and what it means for the future of the country's economy.
0 notes
technomoz · 3 years
Text
A broad range of 17700 - 18200 in Nifty can be seen in November F&O expiry week: Vishal Wagh of Bonanza Portfolio
A broad range of 17700 – 18200 in Nifty can be seen in November F&O expiry week: Vishal Wagh of Bonanza Portfolio
Based on the options chain data, maximum OI concentrations can be seen at 17800 and 17700 Put option strikes and on the upside saw 18200 and 18000 call writing strikes, said Vishal Wag, Head of Research at Bonanza Portfolio – in an interview with Kshitij Anand of Zeebiz. Q) The markets are riding a roller coaster but the bears remain in control pushing Nifty and Sensex below critical support…
Tumblr media
View On WordPress
0 notes
bigyack-com · 5 years
Text
Mukesh Ambani’s Reliance Retail Valued at Rs 2.4 lakh crore In Share Swap Bigger Than UK Giant Tesco
Tumblr media
Billionaire Mukesh Ambani is scouting for investors in the retail unitHighlightsMukesh Ambani plans to list retail, telecom units within five years He has promised to cut his group's net debt to zero by March 2021 Reliance Industries unit Reliance Retail has 10,901 stores across IndiaA stock swap offer to help shareholders of billionaire Mukesh Ambani's unlisted retail business monetize their investment has valued the unit at $34 billion.Share owners in Reliance Retail Ltd. can exchange four shares for one of its listed parent Reliance Industries Ltd., according to a so-called scheme of arrangement posted on the group's website. With Reliance's market capitalization at Rs 9.6 lakh crore ($135 billion), the share swap values the subsidiary at Rs 2.4 lakh crore, according to Bloomberg's calculation.Besides helping Reliance Retail employees monetize illiquid stock options, the share swap also gives the first indication of the unit's valuation at a time when Mr Ambani, Asia's richest man, is scouting for investors in the retail unit. He has promised to slash the group's net debt to zero by March 2021 after an investment spree of $76 billion in the past five years, bulk of it on its massively disruptive telecom carrier.The valuation set by Reliance exceeds that of Tesco Plc, the U.K.'s biggest supermarket chain, which is valued at $32 billion. It's also double that of Avenue Supermarts Ltd., which runs India's biggest supermarket chain.Reference Value"This may be a step toward creating a reference value, fixing a floor price for any future strategic investments in Reliance Retail," said Rajiv Sharma, Mumbai-based analyst at SBICAP Securities Ltd. "The street is estimating the unit's value at plus or minus 30 per cent of that reference value."The derived valuation is almost 14 per cent lower than analyst estimates, BloombergQuint reported Thursday. An email sent to Reliance Retail spokesman seeking comments on the valuation went unanswered.Reliance Industries' shares slipped 2 per cent in Mumbai on Thursday to close at Rs 1,515.4, outpacing the decline in benchmark S&P BSE Sensex which lost 0.7 per cent.Mr Ambani had told shareholders in August that plans are afoot to find investors in the retail and telecom units. "We will induct leading global partners in these businesses in the next few quarters, and move toward listing of both these companies within the next five years," he said.For the year to March, Reliance's organized retail revenue jumped 89 per cent to Rs 1.3 lakh crore in the year. The earnings before interest and taxes jumped 169 per cent to Rs 5,550 crore, according to a company statement which did not specify a net income for the business.Reliance Retail, with 10,901 stores across the country, runs India's largest chain of neighborhood supermarket stores and consumer electronics stores besides being the top wholesale supplier to nation's army of small shopkeepers. Read the full article
0 notes
Text
Market Talk - June 28, 2022
Tumblr media
ASIA: China’s Premier Li Keqiang said that China’s economy has recovered to some extent, but its foundation is not solid. Speaking to state media he further added that China will strive to drive the economy back onto a normal track and bring down the jobless rate as soon as possible. China’s nationwide survey-based jobless rate fell to 5.9% in May from 6.1% in April, still above the government’s 2022 target of below 5.5%. In particular, the surveyed jobless rate in 31 major cities picked up to 6.9%, the highest on record. Some economists expect employment to worsen before it gets better, with a record number of graduates entering the workforce in summer. Fears of a global recession have gripped all markets alike, but the analysts have opined that recessions in advanced economies may benefit the Indian economy. “India being a net importer of commodities should benefit on the inflation front,” Samiran Chakraborty, managing director and chief economist for India at Citigroup, said in an interview with Bloomberg Television on Monday. He added that India would still face pressures from a global slowdown as it will crimp exports and economic growth. Worries around a recession have emerged as prominent central banks around the world like the US Federal Reserve, ECB are hiking interest rates aggressively to curb the surging inflationary pressures amid the ongoing war in Russia-Ukraine and the roll-back of pandemic-era measures. The major Asian stock markets had a green day today: - NIKKEI 225 increased 178.20 points or 0.66% to 27,049.47 - Shanghai increased 30.03 points or 0.89% to 3,409.21 - Hang Seng increased 189.45 points or 0.85% to 22,418.97 - ASX 200 increased 57.60 points or 0.86% to 6,763.60 - Kospi increased 20.17 points or 0.84% to 2,422.09 - SENSEX increased 16.17 points or 0.03% to 53,177.45 - Nifty50 increased 18.15 points or 0.11% to 15,850.20 The major Asian currency markets had a mixed day today: - AUDUSD increased 0.00019 or 0.03% to 0.69220 - NZDUSD decreased 0.00429 or -0.68% to 0.62571 - USDJPY increased 0.74 or 0.55% to 136.133 - USDCNY increased 0.01386 or 0.21% to 6.70526 Precious Metals: l Gold decreased 1.02 USD/t oz. or -0.06% to 1,821.71 l Silver decreased 0.232 USD/t. oz or -1.10% to 20.910 No economic news from last night: Some economic news from today: Japan: BoJ Core CPI (YoY) increased from 1.4% to 1.5% EUROPE/EMEA: The dollar climbed on Tuesday and the euro held below $1.06 as European Central Bank (ECB) President Christine Lagarde offered no fresh insight into the central bank’s policy outlook. The ECB is widely expected to follow its global peers by raising interest rates in July to try to check soaring inflation though economists are divided on the magnitude of any rate hike. The euro held below $1.06 after Lagarde said the central bank would move gradually but with the option to act decisively on any deterioration in medium-term inflation, especially if there were signs of a de-anchoring of inflation expectations. The Gfk German consumer confidence survey showed on Tuesday that consumer sentiment in Europe’s largest economy is forecast to slide to a record low next month as the war in Ukraine and supply chain disruptions continue to drive food and energy prices higher. The index predicted confidence would decline to -27.4 in July from a revised figure of -26.2 in June. July’s figure is the lowest that has ever been measured by the index since it was created in 1991. German business morale also slumped in June amid worries that rising prices and gas shortages will continue to take a toll on the economy for the rest of the year. Based on a survey of around 9,000 firms, the Ifo business climate index released last week fell to 92.3 points in June from 93.0 points in May amid a gloomy outlook for the remainder of 2022. The major Europe stock markets had a green day: l CAC 40 increased 38.71 points or 0.64% to 6,086.02 l FTSE 100 increased 65.09 points or 0.90% to 7,323.41 l DAX 30 increased 45.75 points or 0.35% to 13,231.82 The major Europe currency markets had a mixed day today: - EURUSD decreased 0.00411 or -0.39% to 1.05378 - GBPUSD decreased 0.00537 or -0.44% to 1.22125 - USDCHF increased 0.00035 or 0.04% to 0.95615 Some economic news from Europe today: Germany: GfK German Consumer Climate (Jul) decreased from -26.2 to -27.4 France: French Consumer Confidence (Jun) decreased from 85 to 82 Italy: Italian Industrial Sales (YoY) (Apr) increased from 21.60% to 22.00% Italian Industrial Sales (MoM) (Apr) increased from 2.50% to 2.70% US/AMERICAS: Consumer confidence is falling in the US – no real explanation needed there. The consumer confidence index dropped to 98.7 in June from May’s revised reading of 103.2 (originally reported as 106.2), as reported by the Conference Board. The six-month outlook for income, labor, and business conditions fell to 66.4 in June, marking the lowest level on record since 2013. Democratic Gov. Newsom of California is handling inflation by spending more federal funds. Around 23 million residents of California are slated to receive between $200 and $1,050 within the next year. This is part of Newsom’s $17 billion relief package, with $9.5 billion going directly to residents. Similar to the stimulus checks of the American Relief Package, those eligible must earn under $75,000 annually and the amount allotted will depend on income and dependents. US Market Closings: - Dow declined 491.27 points or -1.56% to 30,946.99 - S&P 500 declined 78.54 points or -2.01% to 3,821.57 - Nasdaq declined 343.01 points or -2.98% to 11,181.54 - Russell 2000 declined 32.9 points or -1.86% to 1,738.84 Canada Market Closings: - TSX Composite declined 35.58 points or -0.18% to 19,222.74 - TSX 60 declined 3.13 points or -0.27% to 1,166.4 Brazil Market Closing: - Bovespa declined 172.19 points or -0.17% to 100,591.41 ENERGY: The oil markets had a mixed day today: l Crude Oil increased 2.52 USD/BBL or 2.30% to 112.090 l Brent increased 2.93 USD/BBL or 2.55% to 118.02 l Natural gas increased 0.131 USD/MMBtu or 2.02% to 6.6320 l Gasoline increased 0.0812 USD/GAL or 2.12% to 3.9184 l Heating oil decreased 0.0529 USD/GAL or -1.25% to 4.1773 The above data was collected around 12:40 EST on Tuesday l Top commodity gainers: Brent (2.55%), Crude Oil (2.30%), Orange Juice (5.47%) and Bitumen (2.36%) l Top commodity losers: Coffee (-1.84%), Canola (-1.23%), Feeder Cattle (-1.23%) and Heating Oil (-1.25%) The above data was collected around 12:51 EST on Tuesday. BONDS: Japan 0.235%(+0bp), US 2’s 3.12% (-0.007%), US 10’s 3.1923% (-0.17bps); US 30’s 3.30% (-0.002%), Bunds 1.630% (+8.6bp), France 2.1780% (+9.7bp), Italy 3.669% (+3.2bp), Turkey 18.46% (-5bp), Greece 3.889% (+3.2bp), Portugal 2.718% (+7.9bp); Spain 2.735% (+7.2bp) and UK Gilts 2.4720% (+7.7bp). Original Article Original Article Here: Read the full article
0 notes
techsuvichar · 5 years
Video
youtube
Stock Market 25-Feb-2020
Corporate News-
Tech Mahindra to acquire Zen3 Infosolutions for Rs 4.60bn. CCI approves NTPC's stake-buy in NEEPCO, THDC India. JSW Steel declared as preferred bidder for Jajang iron ore block in Odisha. HUL clears proposal to form a new 100% subsidiary.
Management Speaks-
China disruption affecting Indian auto supply chain, says Rajan Wadhera, President, Society of Indian Automobile Manufacturers. Confident of addressing 3 USFDA observations for Malaysia unit expeditiously, says Christiane Hamacher, MD and CEO, Biocon Biologics.
Kiran Mazumdar, CMD, Biocon says the company needs to take immediate steps to address possible shortages if crisis extends. Airtel chief Sunil Mittal says, Industry is in a bad shape but Airtel was always safe.
multibagger , multibagger stocks , multibagger stocks 2018 india , multibagger stocks 2018 , multibagger penny stocks 2018 , multibagger stocks investment idea , multibagger stocks 2019 india cnbc , multibagger share , multibagger 2019 , stock , stock market , stock market for beginner , stock market in hindi , fundamental analysis of stocks , debt free , debt free penny stocks , debt free stocks in indian stock market, debt free penny stocks india , debt free companies in india , top stocks , top stocks to invest in 2019, top stocks to invest in 2019 india , top stocks to buy , top stocks pick for 2019, fundamentally strong stock , fundamentally strong penny stock , fundamentally strong multibagger stock  , fundamentally strong stock 2019 , fundamentally strong indian stock  , fundamentally strong stock in india , fundamentally strong penny stock india , fundamentally strong penny stock 2019 , fundamentally strong stock which are undervalued , fundamentally strong share , best stock for 2019 , top stock for 2019 , top stock to invest in 2019 , top stock to buy , top stock for long term , best stock for 2019 , best stock to invest in 2019 , best stock to invest in 2019 india , best stock to buy , best stock for 2019 india , best stock for long term , Bluechip stock,
NIFTY TRADING STRATEGIES ,NIFTY OPTIONS STRATEGIES ,BANK NIFTY TRADING STRATEGIES ,Stock Trading Tips, Stock Trading Strategies, Share Trading Tips, Share Trading Strategies , Intraday Trading Strategies , Intraday Trading Tips , MULTIBAGGER STOCKS 2020, POSITIONAL,
#teschsuvichar
#wtism, #results, #earnings,  #q2result, #q2earnings, #q2, #stockmarket, #Q2,#shareprice, #popular, #trending, #sharemarket,  #q1results,  #multibagger, #multibaggerstocks,  #Earnings, #q2fy20,  #Q2Results,  #Q2FY20,  #Results,  #bonus, #dividend, #recorddate, #profit, #loss, #BONUSSHARE, #DIVIDENDSTOCK, #earninstockmarket, #Q1RESULTS, #RESULT, #EARNINGS, #RESULTS, #QUARTERLYRESULTS, #market, #marketnews, #sharemarket, #stockmarket, #Results, #Earnings, #NIFTY, #SENSEX, #NSE, #BSE, #LATESTNEWS, #finance, #business, #money, #entrepreneur, #investing, #investment, #financialfreedom, #wealth, #realestate, #forex, #stocks, #investing, #stockmarket, #trading, #investor, #shares, #dividends, #valueinvestor, #dividendinvesting, #dividendyield, #dividendstoks,
0 notes