Monthly Archives: January 2019

Shares of government companies will get better returns

stock market news

Mumbai- Shares of government companies can get better returns in the coming time. Leading brokerage house CLSA has stated in its report that investors should not ignore shares of government companies in 2019. These shares are at a very attractive price at this time.
According to this brokerage house, shares of government companies are currently trading close to their lowest level and their forward-looking PE is evaluated on 8.8 times. If compared to the Nifty, then they are at very cheap prices and are up to 50 percent discount. CLSA has advised investors to make wages in shares of ONGC, NTPC and Coal India. Also, you can bet on the shares of State Bank of India (SBI).
Actually liquidity is supporting India’s premium valuation and local flows are increasing in the equity market. At the same time liquidity is also getting normal now and it will be good in the coming time. Some analysts believe that improvement in income will show a good growth rate in India, whose impact will be seen on the shares of the companies. Therefore, the investment made at this time can give good profits in the coming time.

 

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Order food on Paytm

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Mumbai- The brand name of One97 Communications Limited, PetyM, has announced a partnership with Zomato, whereby the PETMI subscribers can now order food through online mobile application and get free delivery.
Patiala consumers will be able to browse their favorite restaurants and order to eat immediately. This facility has been made available to the customers of Delhi NCR on the Android app of PetiM and soon it will be available on entire India and at the Patiala’s iOS app.
PetiMi has a very broad consumer base in Tier 2 and Tier 3 cities, which use PettyM to pay in everyday life. With this integration, PetiM will also provide online food ordering facility to its customers. Due to the wide consumer base of PetiM, this new feature will also increase the use of the Petmi App.
Renu Sati, senior vice president of PetiMi said that our coalition with Zomato is a valuable link on our platform, making it convenient for us to order food online through our app. Many of our customers are from Tier 2 and Tier 3 cities. After this new engagement, we are sure that the online food order business will increase further. This is an important step in the offerings being offered to our customers. We will continue our efforts in this direction.
Jomato Chief Executive Officer Mohit Gupta said that Paltim is India’s most popular digital platform, with its reach being in the corner of the country. We are very excited to integrate our online food delivery service with their mobile app. This will help us reach a large customer and will also help improve the experience of zoomato.

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Closed with market edge

Stock Market Trading Education Kanpur

Due to heavy selling in the Bombay Stock Exchange, the domestic stock market closed with big ups and downs. At the turn of the business, the Nifty managed to cross 1500 points to level 10,900 and closed at 10905 level. The Bombay Stock Exchange (BSE) Sensex closed 53 points higher at 36374 level.
In the business, pharma and government bank (PSU bank) stocks have been fast sold. At the same time, IT, auto and realty are accelerating. In the business, there is about 7 percent decline in Sun Pharma. At the same time, there was pressure on the country’s legendary Reliance Industries Ltd (RIL) before the results. Large shares like Yes Bank, SBI, Bajaj Finance and HUL declined. However, Axis Bank, SNL Tech and TCS have been growing at about 2 percent.
During the turnover, Axis Bank, HCL Tech, TCS, Mahindra & Mahindra, HDFC and Kotak Bank were among the top gainers. Shares of Sun Pharma, IndusInd Bank, Hindustan Unilever (HUL), Infosys, ONGC and Bajaj Finance were down. Meanwhile, Axis Bank’s stock reached 52 weeks, which closed at Rs 670. In the last 6 months this stock has seen an increase of 29 per cent.

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Higher Delivery Quantity (17/01/2019)

SingleDataSeriesExample_01
NAME DELV QTY AVG QTY CLOSE
GULFOILLUB 192712 3701 894.85
GICHSGFIN 1076914 21044 264.50
MASFIN 38564 1872 558
APLLTD 107879 12671 591.40
BAJAJHLDNG 56051 7012 2950.05
SHK 512351 73482 181.30
VMART 76180 11919 2257.95
RAMCOCEM 758377 162469 627.10
CRISIL 35675 8552 1654.60

Higher Delivery Quantity (16/01/2019)

SingleDataSeriesExample_01
NAME DELV QTY AVG QTY CLOSE
NATCOPHARM 710421 78863 680
HAL 133956 15903 775
SHILPAMED 28046 4074 396.15
TTKPRESTIG 5757 884 7522.65
TNPL 117201 19429 235
GPPL 1217415 208568 95.95
AKZOINDIA 7001 1326 1751.80
JYOTHYLAB 504209 102786 197.45
TEJASNET 81925 17205 222.25
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