Income tax return (ITR) filing: ‘Extend due date immediately’ chorus grows on Twitter

 The income tax department informed that till 26 July, more than 3.4 crore ITRs have been filed.

The Centre seems adamant to not extend the ITR filing July 31 deadline this year

The countdown for the last date for filing Income Tax Return (ITR) is just three days away, July 31. While the Centre seems adamant to not extend the ITR filing July 31 deadline this year, chorus grows on Twitter demanding the immediate extension of the same.

 #Extend_Due_Date_Immediately is trending on Twitter.

One Twitter user even requested Finance Minister to extend the due dates today itself. Delay in decision is affecting the professionals a lot.

To know more about our services and how our company can help you track, manage & grow your wealth , You can visit our website here <<<<<<StockFutureTips.

Tata Steel shares surge as stock trades ex-split today. What investors should know

 While announcing its Q4FY22 results, Tata Steel's board approved a proposal to stock split in 1:10 ratio

Shares of Tata Steel started trading ex split in Thursday's deals, a day ahead of its record date for the stock split it had announced in the ratio of 1:10, which has been fixed on Friday, July 29, 2022 for the purpose of determining the eligibility ofshareholders for the purpose of sub-division of its equity shares or stock split. The stock surged over 3% to ₹99 apiece on the BSE  in opening deals. 

Explaining the rationale behind the stock split decision, Tata Steel said that it is done to enhance the liquidity in the capital market, to widen shareholder base and to make the shares more affordable to small investors.

 A stock split increases the number of shares that are outstanding by issuing more shares to the current shareholders. Stock split decreases the market price of the individual shares, however, does not result in changing the market capitalization  of the company.

 Earlier this week, the domestic steel major Tata Steel posted a 21% fall in its consolidated net profit to ₹7,714 crore for the April-June quarter due to higher costs of materials and finance costs as compared to ₹9,768 crore in the year-ago quarter.

Its total income rose to ₹63,698 crore in the April-June 2022 period against ₹53,627.6 crore year-on-year (YoY). Its expenses, which included the cost of materials consumed and the finance cost, increased to ₹51,912 crore as against ₹41,490.8 crore in same quarter last year.

Tata Steel CEO and MD T V Narendran said April-June has been a challenging quarter for the global and Indian economy with rising  interest rates, supply chain constraints and slowdown in China due to COVID-19.]

Tata Steel is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world

For daily profit and earning free  feel to contact us via our website: StockMarketTips.

This small-cap stock doubled investor wealth in one year

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas (REUTERS) 

For the January-March quarter (Q4FY22), the company reported a 31% year-on-year (YoY) increase in consolidated profit after tax  (PAT) of 21.69 crore compared to 16.54 crore in Q4FY21.

Shares of Vadilal Industries have doubled investors' wealth in the last one year, surging from ₹1,026 to ₹2,112.20 levels.The stock has seen a one-way rally so far in 2022. During the last six months, it has risen from ₹880 on January 25, 2021, to its current level of ₹2,111.30, representing a multi-bagger return of 140.88 per cent at a time when the Sensex has fallen by nearly 4.12%.

Further, in the last 3-year period, the stock has surged from ₹493 to ₹2,112.20 a piece, logging nearly 328.39 per cent. The stock hit a 52-week high of ₹2,247 on July 18, 2022, and a low of ₹823.8 on January 25, 2022, implying that it is currently trading 156.64 per cent higher than its 52-week low.

Vadilal Industries is a century-old company founded in 1907. It is a small-cap FMCG stock engaged in the packaged food industry with a market capitalisation of over ₹1,518.5 crore.

The company is engaged in the business of manufacturing ice cream, flavoured milk, frozen desserts, processed foods, and other dairy products. It is also enga+ged in the export of ice cream, dairy products, processed food products such as frozen fruits, vegetables, pulp, ready-to-eat and ready-to-serve products etc.

For daily profit and earning  free feel  to contact us via our website<<<<<<<<<Stock market tips.

Pharma stock announces 1930% special dividend. 5 things you should know

  Dividend paying stock: Sanofi India will trade ex-dividend on 5th August 2022 as 6th and 7th August are Saturday and Sunday  respectively.

 Dividend paying stock:The board of directors of pharma company Sanofi India has recommended special dividend of ₹193 against face value of ₹10 per equity share (1930 per cent) for the financial year ending 31st December 2022. The company board announced the decision after its scheduled board meeting held on 26th July 2022. the board also fixed 8th August 2022 as record date for one time special dividend payment.

Sanofi India informed Indian bourses about the special dividend payment citing, "The Board of Directors of the Company at its Meeting held today has declared One-Time Special Interim Dividend of Rs. 193 per equity share of Rs. 10 each for the financial year ending 31st December 2022. The Meeting of Board of Directors commenced at 2.00 p.m. and concluded at 5.10 p.m. As informed earlier the Company has fixed 8th August 2022 as the record date for the purpose of payment of the One-Time Special Interim Dividend. The said dividend will be paid on or after 22nd August 2022."

Here we list out 5 things that Sanofi India shareholders should know:

1] Special one time dividend:The company board has announced one time special dividend of ₹193 per equity share.

2] Sanofi India dividend record date:The record date for one time special dividend payment has been fixed on 8th August 2022.

3] Sanofi India dividend ex- date:Sanofi India will trade ex-dividend on 5th August 2022 as 6th and 7th August are Saturday and Sunday respectively.

4] Dividend payment:  The said dividend will be paid on or after 22nd August 2022.

5] Dividend yield: Earlier on 12th April 2022, Sanofi India shares had trade ex-dividend for payment of ₹181 per equity share final dividend and ₹309 per share for special dividend, net dividend announced by the company in the year 2022 is ₹683( ₹193 + ₹309 + ₹109). Sanofi India share price today is ₹6,600 per share, this means current dividend yield of the stock in 2022 is whopping 10.35 per cent [( ₹683 / 6600) / 6600].

 5) To know more about our services and how our company can help you track, manage & grow your wealth, you can visit our website here<<<<<<<<< STOCK  ADVISORY TIPS.

Crypto exchange Coinbase faces US SEC probe over cryptocurrency listings

Ever since the platform expanded the number of tokens in which it offers trading, the SEC's scrutiny of Coinbase has increased.

In its complaint, SEC said that crypto tokens AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM are unregistered securities.

Crypto trading platform Coinbase Global Inc is facing a US Securities and Exchange Commission (SEC) investigation on if it improperly let Americans trade digital assets that should have been registered as securities, Bloomberg News reported on 26 July.

According to details, the SEC's is looking into an alleged insider trading scheme that was revealed last week.

Earlier last week, US prosecutors in Manhattan charged a former product manager at Coinbase and two others with wire fraud in thefirst insider trading case involving cryptocurrency, added the report.

10 Best New Cryptos on Coinbase to be Announced in 2022

Ever since the platform expanded the number of tokens in which it offers trading, the SEC's scrutiny of Coinbase has increased

The SEC on 21 July had alleged that the that cryptocurrency exchange Coinbase listed nine crypto asset securities. In its complaint, SEC said that crypto tokens AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM are unregistered securities.

Meanwhile, Coinbase had disputed the SEC’s allegations. "Coinbase does not list securities on its platform. End of story,"Bitcoin.com quoted Coinbase's chief legal officer Paul Grewal as saying.

So, if you are looking for any of the services, you can reach out to us at: BEST STOCK STIPS.

शेयर मार्केट:सेंसेक्स 242 अंक की बढ़त के साथ 55523 पर, निफ्टी 16635 के नीचे, मारुति सुजुकी और टाटा मोटर्स गिरे

 

भारतीय शेयर मार्केट में आज गिरावट जारी है। सेंसेक्स 242.24 अंक या 0.43% गिरकर 55,523.98 पर और निफ्टी 88.45 अंक या 0.53% नीचे 16,631 पर कारोबार कर रहा है। बजाज फिनसर्व, टेक महिंद्रा, बजाज फाइनेंस, टाटा स्टील और यूपीएल निफ्टी पर  टॉप गेनर्स रहे, जबकि एक्सिस बैंक, डॉ रेड्डीज लैब्स, एशियन पेंट्स, मारुति सुजुकी और टाटा मोटर्स टॉप लूजर्स हैं।

आज इन कंपनियों के आएंगे नतीजे

आज लार्सन एंड टुब्रो, बजाज ऑटो, एशियन पेंट्स और बजाज फिनसर्व जैसी कंपनियां अपने जून तिमाही के नतीजे जारी करेंगी। इनके अलावा टाटा पावर, यूनियन बैंक ऑफ इंडिया, एबीएसएल एएमसी, उज्जीवन स्मॉल फाइनेंस बैंक, रैमको सिस्टम्स, सिम्फनी, सनोफी इंडिया, शॉपर्स स्टॉप, अपोलो पाइप्स, ईपीएल, एथोस, केईआई इंडस्ट्रीज, एसआईएस, साउथ इंडियन बैंक और टीटीके हेल्थकेयर के भी नतीजे आएंगे।

FII और DII डेटा

सोमवार को विदेशी निवेशकों (FIIs) ने बाजार से 844.78 करोड़ रुपए निकाल लिए। वहीं इस दौरान घरेलू निवेशकों (DIIs) ने भी 72.26 करोड़ की इक्विटी बेच दी।

स्टॉक फ्यूचर्स में कमजोरी

महंगाई की चिंता के चलते स्टॉक फ्यूचर्स भी फिसले हैं। इसके पहले सोमवार को डाउ जोन्स में 91 अंकों या 0.28% की तेजी रही और यह 31,990.04 के स्तर पर बंद हुआ। नैस्डैक में 51 अंकों की कमजोरी रही और यह 11,782.67 के लेवल पर बंद हुआ। जबकि S&P 500 इंडेक्स में 5 अंकों की मामूली तेजी रही और यह 3,966.84 के स्तर पर बंद हुआ।

Check out latest deals and offers provided by our ideal stock company. To checkout click<<<<<<<Share market tips.

Why Zomato shares plunged to all-time low today

 Zomato share price: The public offer of food service platform was listed on BSE and NSE on 23rd July 2021

 Zomato share price is under heavy sell-off pressure as one year lock-in for near 78 per cent paid up capital of the food chain platform ends today

Zomato share price today tumbled by over 11 per cent in early morning deals as one year lock-in for promoters, shareholders, employees and other has ended today. The food chain platform's total paid up capital of the one year overhang is around 78 per cent and market experts were expecting Zomato shares to witness sell-off pressure this week. The public issue of Zomato Limited was listed on BSE and NSE on 23rd July 2021.

Zomato shares opened downside in early morning deals on Monday and went on to breach its life-time low of ₹50.05 apiece, later made another record low of ₹47.50 within few minutes of stock market's opening bell today.

Speaking on the reason for sell-off trigger in Zomato shares, Anuj Gupta, Vice President — Research at IIFL Securities said, "Shares of Zomato were listed on Indian bourses on 23rd July 2021, which mean one year lock-in for promoters, company employees, founders of the company, etc. has ended today. As these shareholders constitute around 78 per cent of total paid up capital of  Zomato Limited, shares of this food service under sell-off pressure in early morning session today."

Shares of Zomato were listed on BSE and NSE on 23rd July 2021 at a strong premium of more than 51 per cent. After bumper listing, Zomato shares went on to make its life-time high of ₹169 per share levels in November 2021 breaching ₹1 trillion market valuations during its post-listing rally.

“The stock is expected to remain bears' favourite sell on rise for short to medium term as the stock was offered at ₹76 per equity share in the primary markets around a year ago. So, after the end of one year lock-in for Zomato shareholders, who constitute around 78 per cent of total paid up capital of the company, would look to exit on every bounce in the stock, especially when it would come around its offered price of ₹76 apiece levels," said Avinash Gorakshkar, Head of Research at Profitmart Securities.

However, Zomato shares have been under sell-off heat after climbing to its life-time high and has been making new 52-week lows since the last few sessions

Check out latest deals and offers provided by our ideal stock company. To checkout click<<<<<<<Share market tips.

सेंसेक्स 118 पॉइंट की गिरावट के साथ 55953 पर, निफ्टी 16690 के नीचे; एक्सिस बैंक और ICICI बैंक में तेजी

 हफ्ते के पहले कारोबारी दिन सोमवार को भारतीय शेयर मार्केट में गिरावट देखी जा रही है। सेंसेक्स 118.64 अंक या 0.21% गिरकर 55953.59 पर और निफ्टी 29.60 अंक या 0.18% नीचे गिरकर 16689.90 पर कारोबार कर रहा है।

आज एक्सिस बैंक, टाटा स्टील और टेक महिंद्रा के रिजल्ट आएंगे

आज एक्सिस बैंक, टाटा स्टील और टेक महिंद्रा के जून तिमाही के रिजल्ट आएंगे। इनके अलावा केनरा बैंक, मैक्रोटेक डेवलपर्स, केपीआईटी टेक्नोलॉजीज, अनुपम रसायन, सेंट्रल बैंक ऑफ इंडिया, सेंचुरी टेक्सटाइल्स, चेन्नई पेट्रोलियम, क्राफ्ट्समैन ऑटोमेशन, आईईएक्स, तत्व चिंतन, तेजस नेटवर्क के भी रिजल्ट आज आएंगे।

अमेरिकी बाजारों में गिरावट

शुक्रवार को अमेरिकी बाजारों में गिरावट के बाद स्टॉक फ्यूचर्स भी कमजोर नजर आए। शुक्रवार को डाउ जोन्स में 137.61 अंकों या 0.43% गिरावट रही और यह 31,899.29 के लेवल पर बंद हुआ। S&P 500 इंडेक्स में 0.93% कमजोरी देखने को मिली और  यह 3,961.63 के लेवल पर बंद हुआ। जबकि नैस्डैक में 1.87% गिरावट रही और यह 11,834.11 के लेवल पर बंद हुआ। अमेरिका में अर्निंग सीजन अब तक उम्मीद से कमजोर रहा है, जिससे मार्केट सेंटीमेंट कमजोर हुए हैं। वहीं महंगाई और रेट हाइक साइकिल नेमंदी की आशंका पैदा कर दी है।

FII और DII डेटा

NSE से मिले डेटा के मुताबिक, फॉरेन इंस्टीट्यूट इन्वेस्टर्स (FII) के पास 675.45 करोड़ रुपए के शेयर बेचे हैं, जबकि डोमेस्टिक इंस्टीट्यूट इन्वेस्टर्स (DII) ने 22 जुलाई को 739.38 करोड़ रुपए के शेयर खरीदे।

 So, if you are looking for any of the services, you can reach out to us at :Share Market Tips.

₹102 to ₹8370: Multibagger stock turns ₹1 lakh to ₹82 lakh in 9 years

Multibagger stock: If an investor had invested ₹1 lakh in Tata Elxsi shares 5 years ago, its ₹1 lakh would have turned to ₹9.60 lakh today.

Multibagger stock: In YTD time Tata Elxsi shares have given 42 per cent return whereas IT majors Infosys, TCS and Wipro have given zero return in 2022

Multibagger stock:  

Despite reeling under the slowdown and inflation concerns, some quality stocks have given stellar return to its shareholders. Tata Elxsi share are one such stock. When most of the IT stocks have received heavy beating, this Tata group IT stock has delivered 42 per cent YTD return. However, this is not the first time when Tata Elxsi share price has given whopping return to its shareholders. It is one of the multibagger stocks in India that has been giving stellar return to its shareholders for long. In last 9 years, this multibagger stock has surged from ₹102 to ₹8370 apiece levels, delivering around 8100 per cent return to its positional shareholders.

Tata Elxsi share price history

In last one month, this large-cap stock has surged from ₹7788 to ₹8370 apiece levels, recording near 7.50 per cent rise in this time. In ,last 6 months, this multibagger Tata group stock has risen from around ₹7040 to ₹8370 levels, logging near 19 per cent return in this period. In year-to-date (YTD) time, Tata Elxsi share price has ascended from ₹5890 to ₹8370 apiece levels, clocking around 42 per cent rise in 2022. In last one year, this IT stock has appreciated from around 4250 to ₹8370 levels, logging around 95 per cent rise in this time horizon.

Likewise, in last 5 years, this multibagger stock has shot up from around ₹875 to ₹8370 per share levels, clocking near 860 per cent jump in this time frame. However, in last 9 years, this stock has ascended from ₹102 to ₹8370 levels on NSE, registering near 8100 

per cent appreciation in this period.

Impact on investment

Taking cue from Tata Elxsi share price history, if an investor had invested ₹1 lakh in this stock one month ago, its ₹1 lakh would have turned to ₹1.075 lakh today whereas it would have turned to ₹1.19 lakh in 6 months. In YTD time, this ₹1 lakh would have tuned to ₹1.42 lakh today. If an investor had invested ₹1 lakh in this multibagger stock one year ago and had remained invested in it throughout this last one year, its ₹1 lakh would have become ₹1.95 lakh today.

Likewise, if an investor had invested ₹1 lakh in Tata Elxsi shares 5 years ago, its ₹1 lakh would have turned to ₹9.60 lakh today. Similarly, if an investor had invested ₹1 lakh in this multibagger stock 9 years ago, its ₹1 lakh would have turned to ₹82 lakh today. 

To know more about our services and how our company can help you track, manage & grow your wealth,You can visit our website here<<<<<<<<Stock Market Tips.

Gold price rebounds from 16-month low. Should you buy, sell or hold?

 

Gold prices are expected to remain volatile ahead of US Fed monetary policy meeting scheduled next week, believe experts.

Spot gold price is trading in the range of $1680 to $1750 per ounce range whereas MCX gold rates are trading in the range of ₹49,500 to ₹51,500 per 10 gm, say experts

Gold price today: On account of interest rate hikes by central banks across world, gold price plummeted to 16-month lows. However, spot gold price bounced back from its support price of $1680 per ounce levels and closed at $1726.40 per ounce levels on Friday, logging near 0.50 per cent intraday gain. Gold price on Multi Commodity Exchange (MCX) shot up ₹305 per 10 gm on Friday and finished at 50,680 levels

According to commodity market experts, spot gold price is trading in the range of ₹49,500 to ₹51,500 per 10 gm. They said that $1680 has been working as strong support for international gold price for last two years and till the yellow metal price is sustaining above these levels, one should maintain 'buy on dips' strategy. They went on to add that downward trend can be expected only when this pivotal support is breached.

According to commodity market experts, spot gold price is trading in the range of $1680 to $1750 per ounce rSpeaking on the reasons for bumpy trade pattern in gold prices, Sugandha Sachdeva, Vice President — Commodity & Currency Research at Religare Broking Ltd said, "Gold prices plummeted to a 16-month low during the week, amid rapid interest rate hikes by the key central banks in their fight against widespread inflationary pressures, which suppressed the investment appeal of the metal. However, prices managed to stage an impressive recovery from the pivotal support of the $1680 per ounce mark amid renewed concerns about the global growth outlook and widespread inflationary pressures."

Dollar index softens

Sugandha Sachdeva went on to add that softening of the dollar index enticed buying interest in gold at lower levels. On the data front, the US initial jobless claims surged for the third week in a row while the Philly Fed manufacturing index contracted for the second straight month, fueling economic growth concerns.US preliminary data for July reflected mixed activity in the US manufacturing and service sectors.

The Religare analyst said that the key highlight of the week was the ECB monetary policy meeting, wherein the European Central Bank hiked interest rates by 50 bps crossing market expectations to combat elevated inflation. The ECB president even cautioned about persistent inflationary risks as the war in Ukraine still drags on and energy price prices are holding firm. On the other hand, the Bank of Japan on expected lines maintained an accommodative stance, while raising inflation forecasts and highlighting risks to the economic outlook. However, as markets are closely eyeing Fed’s policy meeting next week, bets of a 100 bps rate hike by the US Fed have eased which has caused the greenback to witness losses for the first time in four weeks, while underpinning gold prices. Besides, the energy crisis eased in Europe as Russia resumed flows of gas to the region through a key pipeline, which lifted market sentiment.

Pivotal levels for gold prices.

Asked about important levels in regard to gold prices Anuj Gupta, Vice President — Research at IIFL Securities said, "Spot gold price is having strong support of $1680 to $1675 per ounce levels whereas immediate hurdle for the yellow metal in spot market is placed around $1750 to 1760 levels. Bullish or bearish trend in the precious metal can be assumed on breakage of either side of the range. On MCX, gold price is currently trading in the rAsked about important levels in regard to gold prices Anuj Gupta, Vice President — Research at IIFL Securities said, "Spot gold price is having strong support of $1680 to $1675 per ounce levels whereas immediate hurdle for the yellow metal in spot market is placed around $1750 to 1760 levels. Bullish or bearish trend in the precious metal can be assumed on breakage of either side of the range. On MCX, gold price is currently trading in the range of ₹49,500 to ₹51,500. Any dip in the gold price should be seen as buying opportunity till these pivotal lower levels are intact."

Check out latest deals and offers provided by our ideal stock company. To checkout click<<<<<< Share advisory tips
            

There are many benefits of filing income tax return: File ITR even if your annual income is less than 2.5 lakhs, it gives easy loan

 Few days are left to file Income Tax Return (ITR) for the year 2021-22. You have to file ITR by 31st July. Many people believe that if their annual income is less than 2.5 lakhs and they do not come under the tax net, then they do not need to file ITR, but it is not so.

Even if you do not come under the income tax net, you should still file returns, because if you file ITR, then it gives you many benefits. Filing ITR makes it easier to get a loan. Apart from this, it is also necessary for visa. We are telling you about the benefits of filing ITR.

Ease of getting loan: ITR is proof of your income. It is accepted by all banks and NBFCs as income proof. If you apply for a bank loan, many times banks ask for ITR. If you file ITR regularly, then you can easily get loan from the bank. Apart from this, you can easily avail other services apart from loans from any financial institution.

Required for Visa If you are going to another country, you may be asked for an income tax return when you apply for a visa. Visa authorities of many countries ask for ITR of 3 to 5 years for visa. Through ITR, they check that the financial status of the person who wants to come to their country is.

If tax has been deducted from your income and deposited with the government for claiming tax refund , you cannot get it back without filing ITR, even if your income is within the basic exemption limit for income tax. If you want to claim tax refund, then it is necessary to file ITR for this. When you file ITR, the Income Tax Department does its assessment. If your refund is made, it is directly credited to the bank account.

Works as an Address Proof: The

ITR receipt is sent to your registered address, which can act as an address proof. Apart from this, it also acts as income proof for you.

It is easy to carry forward the loss

if you invest in shares or mutual funds and you have a loss, then to carry forward the loss to the next year, it is necessary to file income tax return within the stipulated time frame, because next year if you have If there is a capital gain, then this loss will be adjusted against this benefit and you can get the benefit of tax exemption on the profit

 Check stock trading plateform latest updates, valuation and more. Check eveything you need to know about by clicking <<<<<<<<<< Stock future tips.

Zomato shares: Analysts warn of selloff risks as one-year lock-in ends soon

 Zomato shares were listed on Indian bourses at a bumper premium of more than 51 per cent.Zomato shares were listed on Indian bourses at a bumper premium of more than 51 per cent.

Zomato shares were listed on BSE and NSE on 23rd July 2021 that means one year lock-in for founders, promoters, employees, etc. is going to end next week

Zomato share price:The public offer of food service platform Zomato Limited was listed on BSE and NSE on 23rd July 2021 that means one year lock-in for promoters, employees, and other will end next week. With this one year lock-in of around 613 crore Zomato shares, which is to the tune of 78 per cent of total paid up capital of the company, stock market analysts have cautioned sell-off risk in the stock calling it an idea 'sell on rise' stock in short to medium term.

Speaking on the overhang coming on Zomato shares after the end of one year lock-in, Anuj Gupta, Vice President — Research at IIFL Securities said, "Zomato shares were listed on BSE and NSE on 23rd July 2021, which mean one year lock-in for promoters, company employees, founders of the company, etc. is going to end next week. As these shareholders constitute around 478 per cent of total paid up capital of Zomato, shares of this food service platform is expected to remain under the sell-off pressure."

Calling Zomato shares as an ideal 'sell on rise' stock in short to medium term, Avinash Gorakshkar, Head of Research at Profitmart Securities said, "There won't be immediate sell-off taking place in the counter as the stock is trading much below its offered price of ₹72 to ₹76 per equity share. However, the sock would face immediate sell-off pressure as and when it would reach around its offered price at the time of IPO launch. So, Zomato shares are expected to remain an ideal sell on rise stock in short to medium term."

Zomato shares were listed on BSE and NSE on 23rd July 2021 at a bumper premium of more than 51 per cent. After bumper listing, Zomato shares went on to make its life-time high of ₹169 apiece levels in November 2021 breaching ₹1 trillion market cap during this post-listing rally. However, the food services stock has been under sell-off heat after climbing to its life-time high and has been making new 52-week lows for last few sessions. Zomato shares ended at ₹53.50 apiece on NSE on Thursday, which is ₹3.45 above its 52-week low of ₹50.05 per share.

To know more about our services and how our company can help you track, manage & grow your wealth, You can visit our website here:STOCK MARKET TIPS.

Rakesh Jhunjhunwala portfolio: These 5 stocks rise up to 23% in one month

 Rakesh Jhunjhunwala stock Federal  Bank has given 23 per cent return in last one month whereas small-cap index has delivered 12 per cent return in this period

These Rakesh Jhunjhunwala portfolio stocks have outperformed Sensex and Nifty in last one month.

Rakesh Jhunjhunwala portfolio:  A big number of retail investors scan portfolio of ace investors to find out value picks. They compare the performance of their stocks and the return given by the key benchmark indices in recent sessions. For such retail investors of the Indian stock market, looking at Rakesh Jhunjhunwala's portfolio stocks might be beneficial. A good number of Rakesh Jhunjhunwala stocks have generated alpha return in last one month.

Here we list out 4 Rakesh Jhunjhunwala stocks that have delivered up to 23 per cent return in last one month:

Federal Bank: The tune of 25 per cent by mid May 2022. However, after the announcement of strong Q1FY23 results, the banking stock has rebounded strongly and climbed to new 52-week high of ₹109.45 apiece levels, paring all the losses it had incurred during the consolidation phase. In last one month, it has surged from around ₹89 to ₹107.50 levels, logging near 23 per cent rise in this time horizon.

Escorts Kubota:  Rakesh Jhunjhunwala added this auto stock in his portfolio during April to June 2022 quarter. In last one year, this tractor maker company's stock delivered sharp upside move till end of November 2021. But, after ushering in December 2021 it started to trade flat and remained sideways till first week of April 2022. From April to June end,, this Rakesh Jhunjhunwala stock remained under sell-off heat. But, in July 2022, Escorts Kubota shares have rebounded strongly giving near 147 per cent return to its shareholders in last one month.

Tata Motors: In last one year, this Rakesh Jhunjhunwala was in uptrend till first fortnight of October 2021. From second fortnight of October 2021, Tata Motors share price started to trade flat and it remained range-bound till February 2022. From March to mid June 2022, Tata Motors stock remained under base building mode. However, in last one month, it has surged to the tune of 15.50 per cent.

Titan Company:Shares of this Tata group company remained sideways from mid-October 2021 to end of March 2022. It started correcting from the last week of March 2022 and went on to nosedive till end of June 2022. However, this Rakesh Jhunjhunwala stock has been in uptrend after ushering in July 2022, delivering 12.50 per cent return to its shareholders.

All these stocks have delivered alpha return in last one month as both Nifty and Sensex have delivered around 7.50 per cent return in last one month. BSE mid-cap index has delivered 11.90 per cent return in this period whereas BSE small-cap index has surged around 12 per cent in this period.

 Check stock trading plateform latest updates, valuation and more. Check eveything you need toknow about by clicking <<<<<<<<<< Stock future tips.

Gold prices today fall to near 1-year lows. In India, rates dip below ₹50,000

 Gold prices today: Global rates today fell to $1,691 per ounce, the lowest since August 21

In India, the fall in gold rates has been less steep due to the recent import duty hike on the yellow metal.

In global markets, gold rates today fell to lowest in nearly a year, buffeted by an elevated Us    dollar.Prospects of more interest rate hikes by major central banks also weighed on bullion's appeal. Spot gold today fell to $1,691.40, the lowest since August 2021. A stronger US dollar makes greenback-priced bullion more expensive for buyers holding other currencies.

In India, the fall has been less steep due to the recent import duty hike on the yellow metal. MCX gold futures were down 0.5% to ₹49,958 per 10 gram, the lowest since February, while silver fell 0.88% to ₹55130 per kg. India imports most of its gold requirement. Besides global rates and rupee-dollar movement, domestic prices also track change in different levies like import duty and GST.

“COMEX gold trades near Aug.2021 lows weighed down by pause in US dollar ahead of ECB decision today. Also weighing on price is stability in equity markets, concerns about consumer demand in India and China and continuing ETF outflows. Gold stalled near $1700/oz level for last few days despite weakness in US dollar which showed lack of confidence that US currency may weaken significantly. Gold may remain under pressure unless we see renewed selling pressure in US dollar post ECB decision. ECB is largely expected to raise interest rate by 0.25% however there is some expectations of a bigger move as well," said Ravindra Rao, VP- Head Commodity Research at Kotak Securities.

Commodity traders will be focused on the European Central Bank policy outcome today. The ECB is expected to raise interest rates for the first time in 11 years. Next week, the policymakers of US Federal Reserve will meet to decide on interest rate. The Fed is widely expected to raise interest rates by 75 basis points at its policy meeting next week to combat inflation.

Although gold is seen as a hedge against inflation, rising interest rates increase the opportunity cost of holding bullion, which pays no interest.

Despite the price dip, ETFs continued to see outflows. The holdings of SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, fell 0.3% to 1,005.87 tonnes on Wednesday from 1,009.06 tonnes on Tuesday.

To know more about our services and how our company can help you track, manage & grow your wealth, You can visit our website here:   BEST STOCK TIPS.

Day trading guide for Thursday: 8 stocks to buy or sell today — 21st July

Stock market today: Crucial support for the Bank Nifty index is placed at price zone of 35,450 and 35,500, say stock market analysts.

Day trading guide: Short term trend of Nifty continues to be positive, say stock market experts

Day trading guide for Thursday: On account of strong buying in IT, FMCG, metal, MNC, energy and bank stocks, Indian stock market finished in positive zone on fourth straight session on Wednesday. NSE Nifty closed 180 points north at 16,520 whereas BSE Sensex surged 630 points and ended at 55,398 levels. Nifty Bank index finished 252 points higher and closed at 35,972 levels. Broad market indices underperformed as the mid-cap and small-cap indices rose less than 0.5 per cent. Volatility index India VIX lost 2.20 per cent and ended at 16.82 on Wednesday.

According to stock market experts a small body of negative candle was formed on the daily chart with gap up opening, which signal reluctance of market to conquer further highs after the sharp positive opening. This market action could possibly bring further consolidation/minor downward correction for short term before moving up further.

The positive sequence like higher tops and bottoms continued on the daily chart and the current chart pattern signal a probability of a new higher top formation at 16,588 levels. Still there is no confirmation of any higher top reversal as of now. Nifty is currently placed at the edge of the hurdle of 200 day EMA around 16,520 levels.

Day trading guide for stock market today

"The short term trend of Nifty continues to be positive. Though, tiredness in the Nifty at the highs/hurdle is visible,but still there is no firm evidence of any reversal pattern unfolding at the highs. A sustainable move above 16,550 to 16,600 levels could pull Nifty towards another hurdle of 16,800 levels in the short term. Any decline from here could find support around16,300 to 16,250 levels in the near term," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.

On important levels in regard to Nifty Bank index, Chinamy Barve, Head — Technical and Derivative Research at Profitmart Securities said, "The important levels, which will act as crucial support for the Bank Nifty index, are placed at price zone of 35,450 and 35,500 while on the upside; key resistance levels are placed at 36,400 and 36,650 levels."

Day trading stocks

Sharing intraday stocks for today, stock market analysts — Mehul Kothari, AVP — Technical Research at Anand Rathi; Mudit Goel, Senior Research Analyst at SMC Global Securities; Avinash Gorakshkar, Head of Research at Profitmart Securities and Santosh Meena, Head of Research at Swastika Investmart — recommended 8 stocks to buy or sell today.

For daily profit and earning free feel to contact us <<<<<<<<<<< StockMarketTips

Wipro shares trade near 52-week low after disappointing Q1. What brokerages recommend?

Shares of Wipro Ltd plunged more than 2% in Thursday's opening deals

Shares of Wipro Ltd plunged more than 2% in Thursday's opening deals, trading near its 52-week low level after the company missed analyst estimates for June-quarter profit on Wednesday, as higher employee-related costs pushed up the information technology servicesfirm's overall expenses.

The Indian IT company’s net profit for the June quarter declined 20.7% to ₹2,563 crore from ₹3,232 crore in the year-ago period. The revenue for the June quarter grew 19% annually to ₹21,529 crore on the back of a strong demand environment for cloud, digital engineering, and cyber security services.

Wipro forecast higher revenue growth from IT services on the back of a strong project pipeline, and said margins likely bottomed out after higher expenses dented June-quarter profit.

“Wipro's 1QFY23 results missed estimates, with the 200bps QoQ margin decline being the key disappointment. Deal TCV at US$1.1bn, strong net hiring, and healthy 2Q guidance of 3-5% QoQcc were encouraging. We lower our estimates by 1-6% and expect Wipro to deliver a 6% EPS CAGR in FY22-25. Weak EPS growth, a high risk of cuts to consensus estimates, and heavy reliance on acquisitions should weigh on the stock," said analysts at Jefferies while maintaining underperform rating on Wipro shares with a target price of ₹360.

Wipro's expenses during the first quarter ended June 2022, which includes employee cost, jumped almost 23% to ₹18,647.5 crore, with attrition rate at 23.3%. The operating margin in the IT services segment decreased by 200 basis points to 15% quarter-on-quarter.

“We cut FY23/FY24/FY25 EPS estimates by 6.5%/1.8%/2.8%, considering the Q1 miss. Management commentary remains fairly confident on revenue acceleration ahead. However, it shied away from giving any timeline on the margin returning to the mediumterm target range of 17-17.5%, which remains an irritant," said another brokerage Emkay. It has maintained Buy tag on the IT stock with a revised target price of ₹490 (from ₹500 earlier).

Indian top IT services companies' June-quarter earnings started on a weak note, with TCS and HCL Technologies also missing their first-quarter profit estimates. Infosys is yet to announce its Q1 earnings.

TO KNOW MORE ABOUT MARKET VISIT OUR WEBSITE  VIA: STOCK MARKET TIPS.

Sensex jumps 2,000 points in 4 days. Key drivers for the rebound explained

 Sensex today rose over 600 points while Nifty50 was back above 16,500

Some analysts have advised cautious caution saying that selling may reemerge at higher levels.

Indian stocks markets today rallied on the back of positive global cues, extending the recent streak of gains to the fourth day. The Nifty was back above 16,500 while Sensex rose over 600 points. In four sessions, Sensex has rebounded over 2,000 points. Apart from positive global cues, the cut in windfall tax on oil producers and refiners boosted the Street's sentiment. The government also exempted petrol from an export levy less than a month after it imposed the two charges.

The changes will help companies such as Reliance Industries, Oil and Natural Gas Corp and Oil India Ltd, according to analysts. RIL shares were up about 3%.

According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the sharp pullback in Nifty from the June lows of 15183 is being aided by a flood of good news. “First, the US markets have rebounded sharply driven by impressive corporate earnings. Second, FPI selling appears to have bottomed out. The dollar index declining to 106.6 from above 108 is likely to persuade FPIs to buy rather than sell," he said.

FIIs have been net buyers of Indian equities in the past two sessions but so far in 202 2, foreign investors have made net sales of India shares totalling more than $30 billion.

"Results from the leading financials are likely to be good. After the recent correction IT valuations are attractive. If  the US succeeds in avoiding a recession, IT will bounce back smartly," Vijayakumar said. 

 Raise your earning with ideal stock to raising your funds click here and get best offers<<<<<<Best stock tips.

             

Trade setup for today, 20th July 2022: Things to know before stock market's Opening Bell today

 Trade setup for Wednesday: In case of any declines, the immediate support for Nifty will be seen around the hourly 20-EMA around 16,220, say experts.

Trade setup for today: NSE has added Delta Corp stock under its F&O ban list for trade date 20th July 2022

Trade setup for today, 20th July 2022: After showing sharp upside move on Monday, both Sensex and Nifty shifted into a choppy movement with positive bias on Tuesday. However, Indian stock market managed to end in green territory for third successive day on Tuesday. Nifty 50 index gained 62 points and finished at 16,340 whereas BSE Sensex added 246 points and finished Tuesday’s session at 54,768 levels. Nifty Bank jumped 1 per cent and closed at 35,720 mark. 

After showing sharp upside move on Monday, both Sensex and Nifty shifted into a choppy movement with positive bias on Tuesday. However, Indian stock market managed to end in green territory for third successive day on Tuesday. Nifty 50 index gained 62 points and finished at 16,340 whereas BSE Sensex added 246 points and finished Tuesday’s session at 54,768 levels. Nifty Bank jumped 1 per cent and closed at 35,720 mark. 

Global cues

On Wall Street, Dow Futures rise as robust earnings pushed positive sentiments. After the end of Tuesday session, Dow Jones ended 2.43 per centhigher whereas tech heavy Nasdaq went up 3.11 per cent. S&P 500 went 2.76 per cent northward while Small Cap 2000 recorded 3.48per cent intraday gain on Tuesday session. But, European shares fell on Tuesday, hit by worries about a hawkish European Central Bank and slowing economic growth. The euro rose to its highest level in about two weeks after news reports that the European Central Bank (ECB) may consider raising interest rates on Thursday by 50 to 75 bps to counter worsening inflation. However, Asian shares were mixed Tuesday, as investors weighed oil prices, inflation worries and corporate earnings.

Asian markets in early morning session   In early morning deals on Wednesday, the Japanese Nikkei is up 2.12 per cent, Hong Kong's Hang Seng is down 0.89 per cent whereas Chinese Shanghai is trading choppy with 0.01 per cent loss.

SGX Nifty technical outlook

SGX Nifty today is quoting 114 points higher from its Tuesday close, indicating a positive opening for the Indian markets when it opens today at 9:15 AM.

 So, if you are looking for any of the services, you can reach out to us at<<<<BEST STOCK TIPS.

Listed in June 2022, this stock has risen 54% from its issue price

                                        Aether Industries IPO was open from May 24-26

 Adding on to the strong performance of the stock, brokerage house HDFC Securities initiated coverage on the stock with a 'buy' call. The brokerage has a target price of ₹1,045 for the stock.]

Shares of Aether Industries have given robust returns to its investors since listing From June 3, (it's listing day), the stock has risen 41 percent till date. The stock listed at a premium to its issue price and was locked in a 10-percent upper circuit throughout the day, the only stock to do so on a listing day in 2022.

From June 3, (it's listing day), the stock has risen 41 percent till date. The stock listed at a premium to its issue price and was locked in a 10-percent upper circuit throughout the day, the only stock to do so on a listing day in 2022.

The ₹808-crore IPO of the company was subscribed 6.26 times during its public offer. Aether Industries Limited manufactures and sells advanced intermediates and specialty chemicals in India and internationally. It is focused on producing advanced intermediates involving complex and differentiated chemistry and technology core competencies. It serves pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas industries.

Adding on to the strong performance of the stock, brokerage house HDFC Securities initiated coverage on the stock with a 'buy' call. The brokerage has a target price of ₹1,045 for the stock. This indicates a 62 percent potential upside from its issue price of ₹642 and a 6 percent upside from the current levels.

As per the brokerage, Aether is more than doubling its manufacturing capacity by 2023-end. Augmentation of capacity will not only allow it to fulfill the demand of the existing and potential customers for existing products but also provide an opportunity to launch new products, HDFC pointed out.

Business Model 

"Aether Industries Ltd has a technology-oriented business model and it sells innovations in chemistries and technologies. Competencies in eight chemistries and eight technologies have enabled the company to successfully build all three of its business verticals—large-scale manufacturing, contract manufacturing and contract research and manufacturing services (CRAMS)—in less than six years of operation," the brokerage said in its report.

The brokerage further highlighted that Aether’s business model compels it to regularly launch products and add competencies. Moreover, the firm is tripling its research and development (R&D) infrastructure and strengthening its team size which will support its growth pace, said HDFC.

Check stock trading plateform latest updates, valuation and more. Check eveything you need to know about by clicking <<<<<<<<<< Stock future tips.

EPFO ​​likely to increase equity investment limit to 20 percent

                A decision may be taken in the EPFO ​​trustee meeting at the end of the month

Retirement fund body EPFO ​​is likely to approve a proposal to increase its investment in equities to 20 per cent from the current limit of 15 per cent this month. According to sources, the proposal will be considered and approved during the meeting of EPFO ​​trustees to be held on July 29 and 30. Currently, EPFO ​​can invest 5 to 15 percent of investable deposits in equity or equity-related schemes.

The proposal to revise the limit to 20 percent has been scrutinized and approved by the Finance Audit and Investment Committee (FAIC), an advisory body of the Employees Provident Fund Organization (EPFO). FAIC's recommendation will be placed before EPFO's highest decision-making body—the Central Board of Trustees (CBT)—for consideration and approval.

The Central Board of Trustees (CBT), headed by the Union Labor Minister, is likely to approve FAIC's recommendation to increase investmentin equity and equity-related schemes from the current 5-15 per cent to 5-20 per cent. In a written reply in the Lok Sabha on Monday, Minister of State for Labor and Employment Rameshwar Teli said, “The sub-committee of FIAC, CBTEPF has recommended a proposal to investment in CBT has reduced the investment pattern for EPF consideration from 5-15 percent to 5-20 percent.

EPFO started investing in Exchange Traded Funds (ETFs) in August 2015 with 5 per cent of its investable deposits in stock-linked products.

The notional return on EPFO's equity-linked investments has increased from 14.67 per cent in 2020-21 to 16.27 per cent in 2021-22 which had been a negative return during Covid. The response also pointed out that the notional rate of return on equity relatedinvestments of EPFO ​​was negative at (-) 8.29 percent in 2019-20 due to the impact of Covid-19.

Raise your earning with ideal stock to raising your funds click here and get best offers.<<<<<Best stock tips.

Trade setup for Tuesday, 19th July 2022: Key things to know before Opening Bell today

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India

Nifty has a strong support placed around 15,950 – 16,000 zones while on the upside resistance is placed around 16,500 – 16,580 zones, as per analysts

Sensex, Nifty rose more than 1% to hit their highest in over a month on Monday as investors scooped up beaten-down technology and metal stocks, while the rupee plumbed new lows against the dollar earlier in the session. Sensex rallied 760 points to settle at 54,521. The Nifty advanced 1.4% to 16,278.

Global market cues

Asian shares were subdued Tuesday as Japan’s bourse struggled for traction while South Korea and Australia dipped.  On the other hand, Wall Street stocks fell Monday after an early rally petered out following a report that Apple plans to trim spending and hiring.

SGX Nifty 

SGX Nifty indicates a lower start to the Indian stock market on Tuesday. Singapore Nifty (SGX Nifty) is the Indian Nifty that is traded in Singapore Stock Exchange and is considered to be the first indication of the Indian markets opening.

Nifty Technical Outlook

“Volatility index India VIX lost 2.5% on Monday and ended at 17.16. The BSE Sensex added 760 points and finished Monday’s session at 54521. Nifty has surpassed its crucial resistance zone of 16,200 – 16,250 on Monday and registered its highest closing since 9 June. On the lower side, Nifty has a strong support placed around 15,950 – 16,000 zones while on the upside resistance is placed around 16,500 – 16,580 zones," said Chinmay Barwe, Head - Technical & Derivative Research at Profitmart Securities.

“The Nifty is currently placed at the key overhead resistance of previous opening downside gap of 13 June and also last swing high of around 16,200-16,300 levels. A sustainable move above this area could pull Nifty towards further swing highs," said Nagaraj Shetti, Technical Research Analyst, HDFC Securities

So, if you are looking for any of the services, you can reach out to us at: Stock Market Tips

Day trading guide for Monday: 6 stocks to buy or sell today — 18th July

 Day trading guide for Monday: For a decisive upside move, Nifty needs to break its upper hurdle placed at 16,250 levels, say experts.

Day trading guide: Nifty bounced back from its support zone of 15,800 to 15,850 levels. However, it has strong resistance placed at 16,250 to 16,300 zones, say experts

Day trading guide for Monday: On account of dollar index climbing to 20-year high and fears of economic slowdown gaining momentum after the US inflation hit 41-year high, Indian stocks ended in red zone on four out of five sessions last week. Nifty 50 index recorded weekly loss of 1.06per cent whereas BSE Sensex ended last week with 1.32 per cent loss. Volatility index India VIX lost 4 per cent on Friday and ended at 17.60

According to stock market experts, small body of positive candle was formed on the daily chart with long lower shadow. Technically, this pattern indicate hammer type candle pattern (not a classical one). Normally, a formation of hammer after a Reasonable upside move or decline could indicate possible trend reversal on either side. Hence, one may expect upside bounce from here.

Day trading guide for stock market today: On day trading guide for Nifty today, Chinmay Barve, Head — Technical and Derivative Research at Profitmart Securities said, "In last two trading sessions; Nifty has managed to bounce back from its crucial support zone of 15,800 to 15,850 levels. However the Nifty has strong resistance placed at 16,250 to 16,300 zones, which needs to be surpassed for any decisive directional up move to take place."

"The positive chart pattern like higher tops and bottoms is intact and the swing low of Thursday at 15,858 could now be considered as a new higher bottom of the sequence. The said higher low was formed at the key lower support of ascending trend line around 15,850 levels (connected from the swing lows of 17th June and 1st July). Hence, this could mean chances of more upside in the short term," said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.Explaining the Nifty Bank chart pattern, Mehul Kothari, AVP — Technical Research at Anand Rathi said, "Nifty Bank index slightly under performed the benchmarks by falling around 1.25 per cent and closing below 35,000 mark. Previously we discussed that going ahead; 35500 – 36000 zone would be a real test for the bulls since we have a placement of 200 day moving averages also there. In line with the view; index took turn from 35500 and hence we maintain our stance. Only a move above 35500 might bring in some optimism in the markets. On the downside; the trigger point could be 34300 which is the gap area and a breach of the same could bring in some softness or profit booking in the banking stocks."

Day trading stocks:Sharing intraday stocks for today, stock market experts — Sumeet Bagadia, Executive Director at Choice Broking; Mehul Kothari of Anand Rathi and Avinash Gorakshkar, Head of Research at Profitmart Securities — recommended 6 shares to buy today.

For daily profit and earning free feel to contact us via our website:Best stock tips

सेंसेक्स 308 पॉइंट की बढ़त के साथ 54069 पर खुला, निफ्टी 16150 के पार; IT शेयर्स में तेजी

 हफ्ते के पहले कारोबारी दिन सोमवार भारतीय शेयर मार्केट के निफ्टी और सेंसेक्स बढ़त के साथ खुले। सेंसेक्स 308.52 की बढ़त के साथ 54069 पर और निफ्टी 102 पॉइंट की बढ़त के साथ 16151 पर खुला। निफ्टी बैंक और मिडकैप 100 में भी बढ़त देखने को मिल रही है। निफ्टी पर इंफोसिस, हिंडाल्को इंडस्ट्रीज, एलएंडटी, टेक महिंद्रा और बजाज फिनसर्व टॉप गेनर्स रहे, जबकि HDFC, HDFC बैंक, एमएंडएम और ब्रिटानिया इंडस्ट्रीज टॉप लूजर्स रहे।निफ्टी IT और मेटल में 1% से ज्यादा की बढ़त है। वहीं बैंक, FMCG और रियल्टी में 0.50% तक की बढ़त है!!!

सेंसेक्स 30 में 27 में बढ़त।

To Know More About market Visit our Website: STOCKMARKETTIPS.

MCX gold price is expected to find strong support at ₹48,800 whereas ₹51,500 levels would restrict upside in the yellow metal, say experts.

Gold price today: Dollar index climbing to 19-year on Thursday, pull down yellow metal price around $1700 levels

Gold price continued to remain under pressure for fifth successive week as dollar index climbed to 19-year high of 109.30 on Thursday. On Multi commodity Exchange (MCX), gold price August contract ended ₹125 lower at ₹50,103 per 10 gm levels onFriday whereas spot gold price lost 0.21 per cent  and closed at 1706 per ounce levels.

According to commodity market experts, gold price is expected to remain under pressure as speculations are high about US Fed increasing the interest rate by 75 bps after the US inflation hitting 41-year high. They said that spot gold price HASimmediate support placed at $1675-80 per ounce levels and can go up to $1620 per ounce levels in near term. On MCX, gold price is expected to find strong support at ₹48,800 whereas ₹51,500 levels would restrict upside in the yellow metal....!!!!!!

Speaking on the key headwinds for gold price, Sugandha Sachdeva, Vice President — Commodity & Currency Research at Religare Broking said, "It was the fifth consecutive week of decline for gold prices,wherein the precious metal slipped towards one-year lows in the international markets,though steep depreciation in the Indian rupee still cushioned the domestic gold prices to a certain extent. The key headwind for gold has been the persistent strength seen in the dollar index which jumped towards fresh two-decade highs.US annual consumer prices surged by 9.1 per cent in June as against expectations for an 8.8% rise, the highest in nearly fourdecades which indicates that inflationary pressures are quite rampant across the US economy. This has raised the bets of another large interest rate hike at the Fed’s forthcoming meeting, which is providing an upward thrust to the dollar index. Markets are now even pricing in the possibility of a 100 bps rate hike as against the previous expectations of a 75bps increase as the Fed might move up a gear with its focus on battling runaway price pressures. This has dented the investment appeal of precious metal."

Dollar index tapering gold prices:

On how strong dollar index is tapering gold prices, Sugandha Sachdeva of Religare Broking said, "Higher interest rates tend to increase the opportunity of non-yielding gold and investors are seen moving away from gold to seek refuge in the dollar. Prices have been hit hard majorlybecause of higher interest rate projections, despite a risk-averse environment and the chatter around the growing recessionaryrisks. However, excessive rate hikes are likely to deteriorate the growth outlook and shall ignite the safe haven appeal of gold from a medium to long-term perspective, while lower levels will make it all the more attractive."

Check stock trading plateform latest updates, valuation and more. Check eveything you need to know about by clicking <<<<<<<<<< Stock future tips.

The share sales sailed through despite choppy stock markets this week. The BSE Sensex is down 3% since Monday.

The futures and options (F&O) are derivative instruments that derive their value from the underlying asset. They are used primarily to hedge an investment against losses. Read further to know how they work.

Futures and Options (F&O) are a particular kind of trading instrument falling in the category of derivatives. They have gained prominence in stock markets in recent years. In trading, a derivative is a contract that derives its value from an underlying financial asset. Under F&O trading, the investor doesn’t necessarily have to buy the underlying asset but can gain from its price fluctuations in the market

These financial contracts are signed at predetermined prices to trade a security in the future. This means that the buyer agrees to purchase derivative (s) at a future date at the decided price. As a result of the contract, the parties strive to minimize the risk involved by hedging against price variations. Meanwhile, the changes in the market price ascertain the profits or losses, which can go in either direction if the market conditions are not accurately predicted.

Although both futures & options are known as derivative contracts, there is a significant difference between them.In futures, the buyer has an obligation to buy the underlying stock at the predetermined price when the contract matures, regardless of his ability to earn profit because of the trade.

On the other hand, in the case of options — a trader has a choice to buy or sell the equity any time during the duration of the contract i.e. one has the right but not an obligation to buy or sell the security. There are two types of options: the ‘call’ option where a trader has an option to buy the stock at the predetermined price anytime during the contract and the ‘put’ option where the trader has the option to sell the stock when it reaches a specific price.

So, if you are looking for any of the services, you can reach out to us at: ShareMarketTips.

शेयर मार्केट में तेजी:सेंसेक्स 300 अंक चढ़ा, निफ्टी 16000 के पार, भारती एयरटेल और SBI टॉप गेनर्स

 मिले-जुले ग्लोबल संकेतों के बीच घरेलू शेयर बाजार में खरीदारी देखने को मिल रही है। आज के कारोबार में सेंसेक्स और निफ्टी दोनों इंडेक्स में तेजी नजर आ रही है। सेंसेक्स 300 अंकों से ज्यादा मजबूत हुआ। जबकि निफ्टी भी 16000 के पार निकल गया है। आज बाजार में चौतरफा खरीदारी देखने को मिल रही है।

आज के कारोबार में निफ्टी पर बैंक और फाइनेंशियल इंडेक्स में 0.50% से ज्यादा तेजी नजर आ रही है। IT और रियल्टी इंडेक्स में भी 0.50% से ज्यादा मजबूती है। फाइनेंशियल, मेटल, फार्मा सहित अन्य इंडेक्स भी बढ़त में दिख रहे हैं। फिलहाल सेंसेक्स में 316 अंकों की तेजी दिख रही है और यह 53733 के लेवल पर ट्रेड कर रहा है। जबकि निफ्टी 87 अंक बढ़कर 16025 के लेवल पर दिख रहा है। आज के टॉप गेनर्स में HUL, एयरटेल, LT, एशियन पेंट्स, इंडसइंड बैंक, इंफोसिस, टाइटन और टेक महिंद्रा शामिल हैं।

विदेशी निवेशकों ने शुरू की खरीदारी:बीते तीन हफ्तों में आधी की बिकवाली, इसके घटने से निफ्टी 5% तक चढ़ा

महंगाई, ब्याज दरों में बढ़ोतरी, अमेरिका में मंदी की आशंका गहराना और चीन में एक बार फिर कोविड के कहर जैसी तमाम नकारात्मक रिपोर्ट्स के बीच विदेशी निवेशक भारतीय बाजार में कुछ हफ्ते पहले तक भारी बिकवाली कर रहे थे। विदेशी पोर्टफोलियो निवेशक (एफपीआई) 16 जून तक नेशनल स्टॉक एक्सचेंज (NSE) के इंडेक्स फ्यूचर सेगमेंट में 1.46 लाख कॉन्ट्रैक्ट्स में शॉर्ट पोजीशन लिए हुए थे। यह बिकवाली की तैयारी होती है

8 जुलाई तक उनकी यह पोजीशन घटकर 62,000 पर आ गई और उसके बाद इसमें मोटे तौर पर स्थिरता देखी गई। इसका असर भी हुआ। इस बीच निफ्टी में करीब 5% उछाल आया और अब उतार-चढ़ाव में कमी देखी जा रही है। विश्लेषकों के मुताबिक, कुछ महीनों से बाजार में बड़े पैमाने पर बिकवाली हो चुकी है

ऐसे में भारतीय बाजार में सिर्फ इसलिए और बिकवाली का कोई मतलब नहीं है कि वैश्विक अर्थव्यवस्था को लेकर माहौल नकारात्मक बना हुआ है। कुछ विश्लेषकों का यह भी मानना है कि डॉलर के मुकाबले रुपए की विनिमय दर में गिरावट यदि और बढ़ती है तो विदेशी निवेशकों की खरीदारी उम्मीद से पहले भी शुरू हो सकती है।

इस महीने फ्यूचर में एफपीआई की शुद्ध खरीदारी

जुलाई में अब तक एफपीआई ने भारतीय शेयर बाजार के फ्यूचर सेगमेंट में 169 करोड़ रुपए की शुद्ध खरीदारी की है। इससे पहले 5-8 जुलाई के बीच इंडेक्स फ्यूचर में 4,666 करोड़ रुपए की और स्टॉक फ्यूचर में 1,044 रुपए की खरीदारी की। हालांकि कैश सेगमेंट में इस माह अब तक उन्होंने 6 हजार करोड़ रुपए से कुछ ज्यादा की बिकवाली की है।

Best Stock Trading Tips. your profit is our aim. So, if you are looking for any of the services, you can reach out to us at....<<<< stock trading tips>>>>>>

ओप्पो ने 4389 करोड़ रुपए की कस्टम ड्यूटी की चोरी की; शाओमी, वीवो, हुवावे के बाद यह चौथा मामला

 

शाओमी, वीवो और हुवावे के बाद एक और चीनी स्मार्टफोन कंपनी जांच के दायरे में आई है।

 डायरेक्ट्रोरेट ऑफ रेवेन्यू इंटेलिजेंस (डीआरआई) ने ओप्पो इंडिया द्वारा 4,389 करोड़ रुपए की कस्टम ड्यूटी की चोरी का पता लगाया है। कंपनी ने टैक्स चोरी आयात की गलत जानकारी देकर की।

जानबूझकर गलत जानकारी देने के सबूत मिले

वित्त मंत्रालय ने बुधवार को बताया, ओप्पो मोबाइल्स चीन की ग्वांगडोंग ओप्पो मोबाइल टेलीकम्युनिकेशंस कॉरपोरेशन की सहयोगी कंपनी है। ओप्पो, वनप्लस और रियलमी ब्रांड से फोन बेचती है।

 डीआरआई ने जांच के दौरान ओप्पो इंडिया के कई परिसरों और मैनेजमेंट के अधिकारियों के घर छापेमारी की थी। इस दौरान मोबाइल बनाने के आयातित सामान के बारे में जानबूझकर गलत जानकारी देने के सबूत मिले थे।

वीदिल्ली हाई कोर्ट ने वीवो मोबाइल इंडिया से कहा, यदि वह प्रवर्तन निदेशालय (ईडी) द्वारा फ्रीज किए गए 119 बैंक खाते चलाना चाहती है तो उसे 950 करोड़ रुपए की बैंक गारंटी देनी होगी। साथ ही इन खातों में 251 करोड़ रुपए का बैलेंस हमेशा रखना होगा। ईडी ने मनी लॉन्ड्रिंग की जांच के सिलसिले में 5 जुलाई को वीवो और इससे जुड़ी 23 कंपनियों के देशभर में 48 ठिकानों पर छापेमारी की थी।

Check out latest deals and offers provided by our ideal stock company. To checkout click<<<<<<<Share market tips