- Bharti Airtel is planning to invest an additional $200-400 million in 3G and 4G infrastructure in India in the current fiscal year. The company's capex for India and South Asia is estimated at $2.3 billion, most of which is for India.
- Bharti Airtel reported a 10.09% rise in net profit for the quarter ending September 30, 2015 compared to the same period last year. Total income increased 4.33% for the quarter.
- The technical outlook suggests buying Bharti Airtel between 350-353 with a target of 361 and stop loss of 346.
equity trading is the buying and selling of company stock shares. Shares in large publicly traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange and the London Stock Exchange, which serve as managed auctions for stock trades.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
#ChoiceBroking #Morning Tea: The S&P 500 wrapped up its third straight month of gains on a flat note on Tuesday as weaker energy shares countered a rise in safe-haven utilities.
#ChoiceBroking #EquityBazaar: Today, We may witness mild positive opening in Nifty around 8177 level on back of SGX Nifty and other Asian counters which is trading on negative note today.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
Narnolia Securities Limited expect that the KPIT Tech company would report better earnings with margin ramp up and signing of larger deals in next couple of quarters. Now, we upgrade our view on the stock from “Neutral” to “Buy” with a price target of Rs 185. At a CMP of Rs 160, stock trades at 9.5x FY15E EPS.
equity trading is the buying and selling of company stock shares. Shares in large publicly traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange and the London Stock Exchange, which serve as managed auctions for stock trades.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
#ChoiceBroking #Morning Tea: The S&P 500 wrapped up its third straight month of gains on a flat note on Tuesday as weaker energy shares countered a rise in safe-haven utilities.
#ChoiceBroking #EquityBazaar: Today, We may witness mild positive opening in Nifty around 8177 level on back of SGX Nifty and other Asian counters which is trading on negative note today.
CapitalStars Award Winning,SEBI registered investment advisory company.We provide intraday & positional services in equity,derivative ,commodity & currency
Narnolia Securities Limited expect that the KPIT Tech company would report better earnings with margin ramp up and signing of larger deals in next couple of quarters. Now, we upgrade our view on the stock from “Neutral” to “Buy” with a price target of Rs 185. At a CMP of Rs 160, stock trades at 9.5x FY15E EPS.
LICHSGFIN- Buy in the range of 477-480 for the Target of 490 with the SL of 472 INDUSINDBK- Buy in the range of 928-933 for the Target of 952 with the SL of 918
This week RBI policy will be announced expectation for the same has been muted; mostly RBI would maintain the
status quo right before onset of the monsoon. RBI would not cut rate primarily because CPI has started inching up
both ways in absolute terms and in its contribution to WPI, RBI’s decision will be impending until how monsoon
and CPI panes out . So the policy would remain flat.
Earnings have been marginally better than expectation, Certain quarters people expected good results from PSU
banks but it did not happen, apart from this results specially from IT, FMCG, Consumer durable and Auto was
surprising and expectations are that this trend would continue for some time.
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.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@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
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.
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
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.
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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 sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
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Morning tea 28-10-2015
1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Bharti Airtel, a leading global telecommunications company, is reportedly planning to invest an additional USD 200-400 million in the current fiscal to
ramp up 3G and 4G infrastructure. The company has estimated its capex for India and South Asia to be at $2.3 billion, most of which would have been
on India. Recently, the company has reported 10.09% rise in its consolidated net profit at Rs 1522.70 crore for the quarter ended September 30, 2015
as compared to Rs 1383.20 crore for the same quarter in the previous year. Total income of the company has increased by 4.33% at Rs 23851.90 crore
for quarter under review as compared to Rs 22861.70 crore for the quarter ended September 30, 2014. Bharti Airtel is a leading integrated
telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers
globally in terms of subscribers.
Technical Outlook : The stock has been trading with the support of its rising trend line at 347.50 on hourly chart. Moreover, stock has been
trading above 200 EMA on hourly chart, which indicates that short term trend is up. A momentum indicator RSI reading is above 40 marks,
which point out that still positive breath is in the stock. So for trading perspective, one could Buy in the range of 350-353 for the Target of 361
with the SL of 346.
BHARTIARTL
LUPIN
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
28th Oct 2015
Sell in the range of 1940-1955 for the Target of 1901 with the SL of 1975
Buy in the range of 350-353 for the Target of 361 with the SL of 346
Lupin 's July-September quarter earnings disappointed street on bottomline & operational front while topline matched expectations. Consolidated net
profit plunged 35 percent year-on-year to Rs 409 crore on weak operational performance and slow revenue growth that impacted by US and Japan
businesses. Lower other income also hit bottomline. Revenue increased 4.7 percent to Rs 3,321.3 crore during same period, driven by domestic
business. "Slowdown in approvals in the US and a lack of material launches continued to dampen growth," Nilesh Gupta, Managing Director, Lupin said,
adding, "We continue to invest in research and remain upbeat on the pace of approvals and launches to pick up by the fourth quarter.” Profit was
estimated at Rs 542.7 crore on revenue of Rs 3,302.4 crore for the quarter, according to average of estimates of analysts polled by CNBC-TV18. India
business grew by 9.4 percent year-on-year to Rs 873.4 crore in quarter gone by. Rest of World has shown massive 52.9 percent growth at Rs 288.6 crore
and Europe business increased 32.2 percent to Rs 115.8 crore compared to year-ago period. US formulations business during July-September quarter
declined 9.2 percent to Rs 1,155 crore and Japan business (Kyowa and Kyowa CritiCare) dropped 6.5 percent to Rs 323.4 crore with South Africa
(Pharma Dynamics) revenue falling 5.6 percent to Rs 99.8 crore compared to same quarter last year, Lupin said. API sales grew by 1.1 percent to Rs
321.9 crore during Q2FY16 compared to Rs 318.3 crore during Q2FY15, it added. Consolidated operating profit (earnings before interest, tax,
depreciation and amortisation) plunged 19.3 percent year-on-year to Rs 672 crore and margin declined 610 basis points to 20.2 percent in quarter
ended September 2015, impacted by R&D expenses.
Technical Outlook : On daily chart, stock has given breakdown of its rising trend line at 1962.50 levels. Moreover, stock has formed long bearish candle stick
pattern with aboveaverage volumes. Stock has been trading below 21 DEMA on daily chart,which indicates that shortterm trend is down. A momentum indicator
RSIreadingisat42.80withnegativecrossover,whichpointoutfornegativebreathinthestock.Sofortradingperspective,onecouldSellintherangeof1940-1955for
theTargetof1901withtheSLof1975.
US stocks slipped on Tuesday on uncertainty over the US rate outlook and disappointing results from Ford and other companies. Upbeat results
from Apple after hours, however, could give the market a boost on Wednesday. The Federal Reserve began its two-day policy meeting on
Tuesday. While expectations for a rate hike this week are slim, investors are looking for clues in its policy statement on Wednesday as to when
the Fed will begin to raise interest rates. Casting more doubts on whether the Fed will raise rates this year, data showed US non-defense capital
goods orders excluding aircraft, a closely watched proxy for business spending plans, slipped last month after a downwardly revised decline in
August. The Dow Jones industrial average fell 41.62 points, or 0.24 percent, to 17,581.43, the S&P 500 lost 5.29 points, or 0.26 percent, to
2,065.89 and the Nasdaq Composite dropped 4.56 points, or 0.09 percent, to 5,030.15.
Asian markets traded mixed Wednesday, with losses in energy plays amid fresh oil-price declines counterbalanced by gains in Japan shares as
traders hoped for more stimulus from the central bank. Traders there are likely to be hesitant as they await the outcome of the Bank of Japan's
meeting at the end of the week. Many analysts expect the central bank to introduce further stimulus, which is likely to boost asset prices.
Shanghai Composite index traded at -0.53% to 3416.70, Hang Seng index traded at -0.47 % to 23035.26, Japan's benchmark Nikkei 225 index
traded at 0.60% to 18890.21, South Korea's Kospi index traded down by -0.34 % to 2037.76 levels. The SGX Nifty suggests a flat to negative
opening for our markets as it is trading at 8232, down by 13 points.
2. SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
Corporate Action:
Asian Paints Limited; Interim Dividend - Rs 2.20/- Per Share (Purpose Revised).
Result Calendar:
AMARAJABAT, AMBUJACEM, DABUR, ELECON, EXCELCROP, EXIDEIND, HTMEDIA, JETAIRWAYS,
JKTYRE, JSWENERGY, JUBLINDS, JUSTDIAL, KECLTD, MCX, NELCO, ONMOBILE, PIDILITEIND,
RAYMOND, SUNTV, SYNDIBANK, TATALEXSI, TCI, TORNTPOWER, TRF, ZEELERN.
28th Oct 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr.No Deal Date Security Code Security Name Client Name Deal Type Quantity Price
1 27/10/2015 526957 UVBOARDS DUGAR MERCANDISE PRIVATE LIMITED S 4800000 10.06
2 27/10/2015 533228 SKSMICRO WESTBRIDGE VENTURES II LLC S 1415820 401.71
3 27/10/2015 533228 SKSMICRO MORGAN STANLEY ASIA SINGAPORE PTE B 777000 402.44
4 27/10/2015 526957 UVBOARDS KNS CAPITAL SERVICES LLP B 700000 10.06
5 27/10/2015 532090 VANDANA SURESH SHAMRAO KADAM S 597170 0.62
6 27/10/2015 526957 UVBOARDS MAHESH HEMCHAND PUROHIT B 500000 10.01
7 27/10/2015 526957 UVBOARDS ADITYA S CHANDAK B 500000 10.06
8 27/10/2015 526957 UVBOARDS HARDIK INDRAMAL JAIN B 300000 10.01
9 27/10/2015 526957 UVBOARDS BEEJ TRADING PRIVATE LIMITED B 261076 10.01
10 27/10/2015 526957 UVBOARDS NAMRATA PRAKASH LODHA B 200000 10.01
3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
www.choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
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 Research Associate
Ritesh Patel Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
28th Oct 2015
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2015.10.28 08:31:57 +05'30'