Benchmarks settle flat after volatile trades
Taking support from the optimistic trades in global markets, Indian indices started the day by spurting at open. However, the benchmarks took a U-turn to slip in negative terrain in absence of any domestic catalyst. After hovering around previous close for an extended period, markets settled just above the sea level with Nifty taking the lead.
On BSE sectorial front, IT index topped the gainers whereas Metal index was the top loser.
Benchmarks settle flat after volatile trades
Taking support from the optimistic trades in global markets, Indian indices started the day by spurting at open. However, the benchmarks took a U-turn to slip in negative terrain in absence of any domestic catalyst. After hovering around previous close for an extended period, markets settled just above the sea level with Nifty taking the lead.
On BSE sectorial front, IT index topped the gainers whereas Metal index was the top loser.
After yesterday’s jubilation, Indian indices made marginally higher start and marked another record highs at 22853.03 and 6831.75, taking support from firm global cues. However, cautiousness with regards to general elections dragged benchmarks later. Choppy markets pared early gains and settled flat. On BSE sectorial front, Metal index lost shine whereas Capital Goods continued to edge higher.
Following a choppy trading through most of the day, Sensex closed marginally in green amidst Narendra Modi’s election as the leader of BJP Parliamentary Party by none other than party veteran, Lal Krishna Advani. Nifty ended 12 points up, thereby making yet another record closing high, just above 7275. This is fourth straight ‘green’ closing witnessed by key benchmarks.
On the July F&O expiry day, Indian markets made a weak start backed by negative global cues. Benchmarks crawled around the previous close for most of the day. However, in noon trades, markets slipped into negative terrain and settled at the intra-day low levels. Sensex lost 192 points to end below 26K milestone and Nifty slumped 0.9% to close at 7721. On BSE sectorial front, Power topped the laggards.
Markets in India traded in a tight range throughout the session before closing flat. The experts opined that some profit booking can be
expected ahead of F&O expiry on Thursday.
After yesterday’s jubilation, Indian indices made marginally higher start and marked another record highs at 22853.03 and 6831.75, taking support from firm global cues. However, cautiousness with regards to general elections dragged benchmarks later. Choppy markets pared early gains and settled flat. On BSE sectorial front, Metal index lost shine whereas Capital Goods continued to edge higher.
Following a choppy trading through most of the day, Sensex closed marginally in green amidst Narendra Modi’s election as the leader of BJP Parliamentary Party by none other than party veteran, Lal Krishna Advani. Nifty ended 12 points up, thereby making yet another record closing high, just above 7275. This is fourth straight ‘green’ closing witnessed by key benchmarks.
On the July F&O expiry day, Indian markets made a weak start backed by negative global cues. Benchmarks crawled around the previous close for most of the day. However, in noon trades, markets slipped into negative terrain and settled at the intra-day low levels. Sensex lost 192 points to end below 26K milestone and Nifty slumped 0.9% to close at 7721. On BSE sectorial front, Power topped the laggards.
Markets in India traded in a tight range throughout the session before closing flat. The experts opined that some profit booking can be
expected ahead of F&O expiry on Thursday.
Sensex tanks 1.3% on F&O expiry day; Nifty @7236
On the F&O expiry day, Indian indices tumbled at open on profit booking by investors. Disappointing corporate earnings coupled with reports of FII selling in past session slaughtered D-Street. Both barometer gauges crashed 1.3% at the close with most of the BSE sectorials dipping in red. IT index topped the laggards by plummeting 3.45%.
Snapping a 2-day rally, Indian indices made a negative start amidst the carnage in global peers. Benchmarks continued the southward journey amidst depreciation in Rupee against Dollar. Both barometer gauges tumbled 0.95% to settle near day’s low levels. Infosys topped the gainers on buy back buzz. On BSE sectorial front, Metal topped the laggards.
Tracing the firm global cues, bulls kick started the day northwards on D-Street. Sentiment remained upbeat as World Bank stated that Indian economy has come back on growth track and is likely to grow by 5.6% in FY15. Benchmarks climbed 0.45% to end day near intraday highs ahead of a crucial 2-day Fed meet about the wrapping up of the bond buying program and interest rate direction.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Finalaya daily market wrap 16 may 2014
1. 'Acche Din' begin; Sensex salutes ‘Modi Sarkar’ with 25K cannon
Market Snapshot | 16-05-2014 04:22 PM
On “The D-day” of the nation, D-Street rocked by zooming over 5% in the morning deals. Exuberant Investors kept
pouring money amidst the outcome of Lok Sabha elections persuading Sensex and Nifty to rise above the unthinkable
levels of 25000 and 7500.
The general election results evinced that business friendly, Narendra Modi led National Democratic Alliance (NDA) is
all set to form the new government at center with the landslide victory. The numbers are unimaginable in favor of NDA
to such an extent that even Bhartiya Janata Party (BJP) alone can run the show with stability. At the time of writing
this report, NDA has won or ahead on about 340 seats whereas ruling UPA is almost routed with a paltry of about 60
seats.
After touching life highs of 25375.63 and 7563, the buoyant benchmarks took a U-turn on profit bookings. Choppy
Sensex and Nifty fluctuated 1470 and 432.8 points during the day. Both frontline gauges ended with decent gains of
around 1%. Among BSE sectorials, Rate sensitives’ went berserk on Modi win. Realty index topped the charts by
rallying 6% with Indiabulls Real-estate as the top gainer. Banks also were on a roll with Bankex soaring 4.4% led by
Canara Bank.
On global front, US markets slumped amid declining growth in the euro zone and mixed domestic economic data.
Tracking the pessimism, Asian and European markets too traded lower.
Back home, on currency front, Rupee rolled to 58/Dollar levels cheering the Modi win. In futures trades, INR hit an
intra-day high of 58.75/USD and an intra-day low of 59.24/USD. In spot trades, INR hit an intra-day high of 58.62/USD
and an intra-day low of 59.09/USD. As per RBI reference rates, INR stood at 58.86/USD.
On stock specific front, Tata Steel crashed 4.4% in the otherwise jubilant market after Supreme Court imposed a
limited mining ban on Odisha that produces over 50% of the country's iron ore and manganese.
Key Quarterly Results
Karnataka Bank jumped 6% on BSE after its Q4 Net spiked 20.51% to Rs 81.21 crore as compared to Rs 67.39 crore
for the same quarter in the previous year.
PSU major, NTPC recorded fall of 29.4% in Q4 net at Rs 3093.54 crore as compared to Rs 4381.61 crore for the same
quarter in the previous year. The stock gained 2% on BSE.
Pharma major, Cadila Healthcare slumped 3% on BSE after its consolidated net profit declined 8.74% to Rs 239.19
crore on 22.39% growth in net sales to Rs 1916.33 crore in Q4 March 2014 over Q4 March 2013.
The market breadth on the BSE closed in positive. Advancing and declining stocks were 1473 and 1428 respectively,
while 177 scrips remained unmoved.
The S&P BSE Sensex ended at 24121.74, up 216.14 points or 0.90%. The 30 share index touched a high and a low
of 25375.63 and 23873.16 respectively. 18 stocks advanced against 12 declining ones on the benchmark index.
The CNX Nifty gained 79.85 points or 1.12% to settle at 7203.00. The index touched high and low of 7563.50 and
7130.65 respectively. 36 stocks advanced against 14 declining ones on the index.
S&P BSE Sensex CNX Nifty
The S&P BSE Mid-cap index moved up to 7765.72 and gained 1.64% while S&P BSE Small-cap index jumped up by
1.21% to 7885.76.
The broader S&P BSE 500 index increased to 8970.17 (up 1.35%) and CNX 500 index rose to 5656.00 (up 1.36%).
The volatility as denoted by INDIA VIX lost 33.94% at 24.29 from its previous close of 36.77 on Thursday.
Sectors in action
On the BSE Sectorial front, Real Estate (up 5.97%), Banks (up 4.39%) and Power (up 3.33%) were the top gainers.
Information Technology (down 2.22%), FMCG (down 1.85%) and Healthcare (down 1.39%) were the top losers.
2. The Angels and the Devils
Sesa Sterlite Ltd (up 11.11%), State Bank of India (up 5.93%), Axis Bank (up 5.60%), Bharat Heavy Electricals Ltd (up
5.25%) and ICICI Bank (up 5.15%) were the top gainers on the Sensex.
Tata Steel Ltd (down 4.40%), Dr. Reddys Laboratories Ltd (down 2.95%), Infosys Ltd (down 2.83%), ITC Ltd (down
2.81%) and Wipro Ltd (down 2.61%) were the top losers on the Sensex.
Benchmark Drivers
ICICI Bank (96.05 points), ITC Ltd (-66.84 points), Reliance Industries Ltd (56.29 points), State Bank of India (52.69
points) and Infosys Ltd (-52.40 points) were the major Sensex drivers today.
On the other end ICICI Bank (24.32 points), ITC Ltd (-18.71 points), State Bank of India (13.90 points), Infosys Ltd (-
13.90 points) and Reliance Industries Ltd (13.78 points) were the major Nifty movers today.
Pivot, Supports and Resistance Levels
CNX Nifty is now pivoted at 7299 for next session. The next support is at 7035 and on upside it has a resistance at
7467 levels.
CNX NiftyCNX Nifty
Eff. DateEff. Date S 3S 3 S 2S 2 S 1S 1 PIVOTPIVOT R 1R 1 R 2R 2 R 3R 3 Actual CloseActual Close
19-May-2014 6602 6866 7035 7299 7467 7732 7900 -
16-May-2014 7016 7049 7086 7119 7156 7189 7226 7203.00
15-May-2014 7018 7049 7079 7111 7140 7172 7202 7123.15
S&P BSE Sensex has a pivot at 24457 with first level of support and resistance at 23538 and 25041 respectively.
S&P BSE SensexS&P BSE Sensex
Eff. DateEff. Date S 3S 3 S 2S 2 S 1S 1 PIVOTPIVOT R 1R 1 R 2R 2 R 3R 3 Actual CloseActual Close
19-May-2014 22036 22954 23538 24457 25041 25959 26543 -
16-May-2014 23546 23644 23775 23873 24004 24102 24233 24121.74
15-May-2014 23513 23633 23724 23844 23935 24056 24147 23905.60
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