Voltas reported a 53.7% rise in Q1 net profit led by higher sales. Net profit rose to Rs. 157.62 crore from Rs. 102.54 crore a year ago. Total income grew 19% to Rs. 1,890.9 crore. Technical outlook is positive, suggesting the stock may rise further in coming sessions. UCO Bank was downgraded by India Ratings due to concerns over asset quality and funding. The stock has been declining and closed below key moving averages, suggesting further downside. Key levels for Nifty are 8711 as resistance and 8500 as support as the market awaits passage of the GST bill.
#ChoiceBroking #MorningTea : The S&P 500 and the Dow closed slightly lower on Monday, as a drop in oil prices dragged down energy stocks, while tech names Apple and
Alphabet helped lift the Nasdaq to its highest close in over a year.
#ChoiceBroking #MorningTea - Global View: US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced
slightly after two more Federal Reserve officials pushed the case for a rate hike.
#ChoiceBroking #MorningTea : The S&P 500 and the Dow closed slightly lower on Monday, as a drop in oil prices dragged down energy stocks, while tech names Apple and
Alphabet helped lift the Nasdaq to its highest close in over a year.
#ChoiceBroking #MorningTea - Global View: US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced
slightly after two more Federal Reserve officials pushed the case for a rate hike.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
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
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
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor 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.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
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.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
India'slargestairconditioningcompanyVoltasLtdonTuesdayreportedasignificantgrowthof53.7percentinitsconsolidatednetprofitaftertaxes
(PAT) at Rs 157.62 crore for the first quarter ended June 30, 2016, led by higher sales in both products and projects business segments. The
consolidated net profit of the company stood at Rs 102.54 crore during the same period a year ago, Voltas Ltd said in a filing to the Bombay Stock
Exchange on August 02, 2016. Further, its consolidated total income too grew by 19 per centat Rs 1,890.9 crore during Q1 2016-17, as compared
to Rs 1,589.07 crore during the same period previous fiscal. During the April-June quarter of FY2016-17, it has posted an exceptional income of Rs
94lakhasprofitonsaleofproperties..
TechnicalOutlook:Ondailychart,stockhasbeentradinginastronguptrendwithriseinvolumewhichindicatesforfurtherupsidemovementthat
can be seen in few trading sessions. Moreover, stock has managed to close above its all-time high level which is placed at 360 level, which shows
that strength in still remain the counter. A momentum indicator RSI reading is at 75.86 level with positive crossover, which point out for positive
breathinthestock.Sofortradingperspective,onecouldBuyinrangeof364-366 forTargetof374withSlof360.
VOLTAS
UCOBANK
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
03rd Aug 2016
Sell in range of 42.80-43 for Target of 41.20 with SL of 43.65
Buy in range of 364-366 for the Target of 374 with SL of 360
India Ratings downgraded UCO Bank on concerns surrounding its asset quality and funding profile in the aftermath of lifting of global sanctions on
Iran,reportedPTI.TheLong-Term IssuerRatinghasbeendowngradedto'INDAA-'withastableoutlookon"deteriorationinitsassetqualityaswell
as continued weakness in its funding profile", it said in a statement. It added that following the lifting of sanctions on India-Iran bilateral oil trade,
UCO Bank (which was used to facilitate the trade) has seen a sharp 23 per cent decline in its current accountdeposits.Even on a standalone basis,
UCO'sprofitabilityandcapitalbuffersappearweakerthanthoseofitspeers.
TechnicalOutlook:OndailychartUCOBANKstrugglingtotradeabove20DMAfromlast7tradingday,yesterdaystockhasclosedbelow20day
withvolume.Onhourlychartstockhasgivenbearishbreakoutofsymmetricaltriangle.Aswellastrendingbelow20,50,100,200averages.ADX
oscillatorhasgivenfreshbearishcrossoverwhichpointoutfornegativebreathinstock.RSIreadingisat38levelalongwiththatgavebearish
breakoutwhichsuggestbearishmomentumwillseeinstock..Sofortradingperspective,onecouldsellinrangeof42.80-43 forTargetof 41.20
withSLof 43.65
Key levels to watch out today are 8711 which is seen as resistance and 8500 is seen as support for Nifty. Investors will be curiously waiting if the
marketpeaksoutwhenGSTBillispassed.IndiaisatthecuspofhistoryasParliamentgearsuptodebatetheconstitutionalchangestofacilitateGST.
There are six contentious clauses that are set to be amended today. Yesterday, the 30-share BSE Sensex ended below the psychological 28000-
mark, down 21.41 points at 27981.71. The 50-share NSE fell 13.65 points to 8622.90. Experts feel the market may continue to consolidate till the
verdict of GST bill. They don't expect sharp correction in near term due to consistent support of the foreign money. In key earnings to watch, IT
majorHCLTechwilldeclareitsresultstoday.
Wall Street stocks fell on Tuesday, with each of the major indexes notching their worst day in about a month as economic data and weaker-than-
expected auto sales spurred concerns about growth. Shares of Ford and General Motors dropped more than 4 percent each after the two major
US automakers reported July vehicle sales slightly below expectations. The automakers' declines pulled the S&P consumer discretionary sector
down 1.5 percent as the worst- performing of the 10 major S&P groups. Data showed US consumer spending rose more than expected in June as
householdsboughtarangeofgoodsandservices.However,personalincomeroseonly0.2percent,missingestimatesof0.3percent,whileinflation
remained below the Federal Reserve's 2 percent target. That couldkeep the central bank on a cautious path to hiking interest rates. Another drop
inUScrudeCLc1belowUSD40abarrelalsoweighedonsentiment,asthecommoditysettleddown1.4percentatUSD39.51.
2. SEBI Certified – Research Analyst www.choiceindia.comSEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
03rd Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Clariant Chemicals (India) Limited; Annual General Meeting And Dividend Rs.10/- Per Share
BASF India Limited; Annual General Meeting/ Dividend - Re 1/- Per Share
Dhunseri Tea & Industries Limited; Annual General Meeting/Dividend Rs 8/- Per Share
Glenmark Pharmaceuticals Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share
Gujarat Pipavav Port Limited; Annual General Meeting/ Dividend - Rs 1.90/- Per Share
Granules India Limited; Annual Genral Meeting/ Dividend - Re 0.20/- Per Share
Honda Siel Power Products Limited; Annual General Meeting/ Dividend - Rs 6/- Per Share
Lakshmi Finance & Industrial Corporation Limited; Annual General Meeting/ Dividend - Rs 3.50 Per Share
Minda Industries Limited; Dividend - Rs 4/- Per Share
Mindteck (India) Limited; Annual General Meeting/ Dividend -Re 1/- Per Share
MRF Limited; Annual General Meeting/ Dividend -Rs 94/- Per Share
Page Industries Limited; Annual General Meeting/Dividend Rs 24/- Per Share
Saksoft Limited; Annual General Meeting/Dividend Rs 3/- Per Share
Zodiac Clothing Company Limited; Annual General Meeting/Dividend - Re 1/- Per Share
Result Calendar:
ACCELYA, ACROW, ADIFINCHM, ASL, BAJGLOB, BATAINDIA, BERGEPAINT, BLKASHYAP, BNRUDY,BODALCHEM, BRIGHTBR,
BTTL, CADILAHC, CAPF, CARBORUNIV, COMPUSOFT, DALALSTCOM, DISHMAN, DWARKESH, ELLENBARR, EMAMILTD, ENIL,
ESABINDIA, HCLTECH, HIMALFD, INCON, INDOTECH, JOYREALTY, KAJARIACER, KALYANIFRG, KKCL, KTIL, MARALOVER,
MARUTISE, MEHIF, MEHSECU, MEHTAHG, MULTIBASE, NITTAGELA, ORIENTCEM, PADAMCO, PCJEWELLER, PHCAP, PILITA,
PREMCO, PRICOL, PSL, PUNJCOMMU, RAMCOCEM, RAMCOIND, RAMCOSYS, RAUNAQEPC, RFSL, ROSSELLIND, SHEMAROO,
SICAGEN, SRGHFL, STDSFAC, TASHIND, TBZ, TDPOWERSYS,THEBYKE, TIMEX, TRCFIN, TRINITYLEA, TTKPRESTIG, TTML,
UMANGDAIR, VIVIDIND, XPROINDIA.
Corporate Action / Result Calendar
Bulk Deal
Security in Ban
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 1/8/2016 523236 SHRENUJ INDIA MAX INVESTMENT FUND LIMITED S 2973973 2.00
2 1/8/2016 523236 SHRENUJ BRIDGE INDIA FUND S 2000000 1.99
3 1/8/2016 523236 SHRENUJ JMP SECURITIES PVT LTD B 1622296 2.00
4 1/8/2016 523236 SHRENUJ J M GLOBAL EQUITIES PVT LTD S 1376134 1.99
5 1/8/2016 500303 ABIRLANUVO HSBC GLOBAL INVESTMENT FU NDS MAURITIUS S 820000 1415.75
6 1/8/2016 500303 ABIRLANUVO HSBC GLOBAL INVESTMENT FUNDS INDIAN EQ B 820000 1415.75
7 1/8/2016 533605 PRAKASHCON PRAKASH PUSARAM LADDHA S 791582 7.12
8 1/8/2016 531934 SUPREMETEX BHAVNA GUPTA S 675000 7.83
9 1/8/2016 523236 SHRENUJ JMP SECURITIES PVT LTD S 587935 2.14
10 1/8/2016 531467 ARNAVCORP AJIT KANTAK B 500000 2.42
JINDALSTEL
3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
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Disclaimer
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial
instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in
any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but
Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the
information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast
future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations
issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on
information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility
or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without
notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended
purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may
be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is
strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current
performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee
against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock /
Instrument (s): - No.
SEBI Certified – Research Analyst www.choiceindia.com
Research Team
Mr. Sumeet Bagadia Associate Director
Kunal Parmar Sr. Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
03rd Aug 2016
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kapil Shah
Digitally signed by Kapil Shah
DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd, ou=Research
Team, email=kapil.shah@choiceindia.com, c=US
Date: 2016.08.03 09:11:55 +05'30'
