Gold imports jump over 2-fold to $13.35 bn in April-July

India’s gold imports more than doubled to USD 13.35 billion during the April-July period of the current fiscal, according to the data of the commerce ministry, reported PTI. Gold imports, which has bearing on the country’s current account deficit (CAD), stood at USD 4.97 billion in April-July 2016-17. In July this year, imports of the precious metal rose to USD 2.10 billion from USD 1.07 billion in the same month of the previous year.

Gold prices inched up early on Wednesday after two days of losses, with investors awaiting minutes from the U.S. Federal Reserve’s last meeting in July for clues on the pace of potential interest rate hikes.
Spot gold inched 0.1 percent higher to $1,272.81 per ounce by 0357 GMT, after falling for two straight days.
U.S. gold futures for December delivery was down 0.1 %at $1,278.50 an ounce.
                    Trading Ideas
* Gold trading range for the day is 28949-29229.
* Gold prices edged lower, pulling back from their highest level in around two months as concerns about tensions between the U.S. and North Korea eased.
* India’s gold imports are likely to jump by a third in 2017 to 750 tonnes on restocking by jewellers and as good monsoon rainfall is expected to boost demand in rural areas.
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Markets open on a positive note on Wednesday

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.

The Sensex of the BSE after opening at 31,566.24 points, touched a high of 31,602.64 points and a low of 31,504.63 points.

On Monday the Sensex closed at 31,449.03 points. Tuesday was a holiday.

The Sensex is trading at 31,513.07 points up by 64.04 points or 0.20 per cent.

On the other hand, the broader 51-scrip Nifty at the National Stock Exchange (NSE) opened at 9,825.85 points after closing at 9,794.15 points.

The Nifty is trading at 9,819.25 points in the morning.

 

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Sensex, Nifty extend gains for fifth week

Indian Stock Market Tips| Commodity Trading Tips| Share Market Tips| Mcx Tips| Nifty Future Trading TipsIndian stocks snapped a two-day losing run on Friday with the Nifty gaining 0.5% after a late surge aided by short-covering in auto and bank shares.

The rebound helped stock indices extend gains to the fifth straight week and Nifty close above the psychologically crucial 10,000-mark though market participants expect investors to be on the edge amid worries that the market has risen too fast, too soon in recent weeks.

The Sensex gained 87.53 points, or 0.27%, to close at 32,325.41. The Nifty rose 52.75 points, or 0.53%, to close at 10,066.40. This week, the Sensex gained 0.05% and the Nifty has risen 0.5%. But for the last minute advance on Friday, the market would have ended on a weak note this week.

FPI holding: Federal Bank under RBI watch

RbinoteReserve Bank will monitor foreign shareholding in Federal Bank so that it does not cross the upper limit of 74 per cent, reported PTI. The board of the company has passed a resolution to hike the limit of foreign investment to up to 74 per cent, RBI said. Earlier, foreign investment in Federal Bank was 49 per cent.

“The increase is subject to regulation 5(2) and 5 (2A) of Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000…As amended from time to time, and the onus of compliance with the limits prescribed for the company is on the company,” RBI said.

FIIs, NRIs and PIOs (Persons of Indian Origins) can invest in primary and secondary capital markets in India through PIS. RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis. It has fixed the cut-off points two percentage points lower than the actual ceiling.

Top5 stocks which could well turn out to be multibaggers in Coming 2-3 years

Gold-bars-stock-optionsRiding on liquidity wave, the Indian market has already rallied by about 18 percent so far in 2017 and it would be difficult for the market to repeat a similar performance in the second half of the year.

In that case, the best strategy for investors is to remain with stock specific ideas. The second half of 2017 might remain volatile and every dip should be used to buy quality stocks which can outperform benchmark indices by a wide margin in the next 2-3 years.

                                                     M&M
The company has 40 percent market share in the Tractors segment, and 30 percent in the UV segment. We expect 10 percent volume CAGR in Non-farm vehicles and 11 percent volume CAGR in Tractor sales over FY17-19E. We forecast 12 percent revenue CAGR and 17 percent PAT CAGR; and 80bps margin expansion over FY17-19E.
Kotak Mahindra Bank
Post the ING Vysya bank integration (and demonetisation disruption), we sense KMB is at the cusp of high growth.Consequently, RoAA will improve 22bps to 1.9 percent over FY17-19E led by steady NIMs, and robust fee growth.
Quess Corp
Quess Corp is a staffing company engaged in the several business verticals i.e. People & Services, GTS, IAM and IFM. We expect Quess to post 23.7 % revenue CAGR along with an 180bps margin surge to 6.8 %.
Transport Corporation of India
GST is a game changer for organised logistics players as it will provide a boost to the warehousing and supply chain management business.TCI will be a key beneficiary given its well-integrated network with a fleet of 9,000 trucks, 1.400 branch network, manages 5 ships and has warehousing space of 11mn sq ft.
Bharat Forge
BFL is planning to scale up the new business from current 5 percent to 15 percent in the next 2 to 3 years. The orders from Boeing and new defence JV with AM General, SAAB, Rafael & IAI (Israel Aircraft Industry) will boost its presence in the field of air defence.

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Top 10 midcap ‘Baahubalis’ which can still give good returns in coming years

stocksStocks which have already doubled your money in the last 2-3 years.Last week, market touched record highs but we saw some profit booking in small and midcap stocks. The S&P BSE Midcap index closed 124 points lower, while the S&P BSE Smallcap Index ended 140 points down for the week ended May 26.
We have collated a list of 10 stocks as suggested by various experts which have already risen more than 100 percent in the last 3 years but can still offer multibagger returns in next 2-3 years.

                                               Bharat Forge
 Bharat Forge (BFL) is planning to scale up the new business from current 5% to 15% in the next 2 to 3 years. The orders from Boeing and new defense JV with AM General will provide higher revenue visibility in the non-auto sector during FY18.
                                                Ashok Leyland (AL)
 Ashok Leyland (AL) is the second largest commercial vehicle (CV) manufacturer in India will be direct beneficiary led by improvement in the road infrastructure projects.
The management is focused on gaining market share in LCV from 15 percent to 30 percent over next 2-3 years by launching new models in FY18.
                                                 Havells India
 Higher than expected GST rate in consumer discretionary may have some impact on volume due to likely price hike post the GST rolled out.
We expect revenue & PAT to grow at healthy 14% & 17% CAGR over FY17-FY19E.
                                        Bharat Electronics (BEL)
 BEL is a debt free and a cash rich company with a strong order book with of Rs33,806 crore which is 4.7x FY16 sales, providing strong revenue visibility for next 4 years. GoI plans to bring down import dependence to 30% from current 60 percent.
                                                   Marico
The maker of Hair Oil and Edible Oil announced a strong set of the number during the Q4 with volume growth for domestic business at 10 percent higher than industry growth.
                                                  3M India
USD 30 billion in sales and operation in more than 7 countries, 3M sales wide range products portfolio.
                                                Bajaj Finance
Bajaj Finance has surged by almost 400 percent in last three years. The net profit during the Q4 grew at 43 percent while containing the surge in NPA at 1.68 percent.
                                        Indiabulls Housing Finance
A mortgage lender at midcap segment had delivered 3 digit promising returns in last three years. The company reported 24 percent growth in net profit during the Q4 backed by growth in loan and interest income.

                                             KEI Industries

Despite slower orders due to the UP elections and the impact of the de-monetisation in H2 FY17, KEI’s EPC division did well in FY17. The Chopanki plant expansion disrupted production, hurting sales of EHV cables.

                                         Mirza International

Mirza Intl. has launched a new brand “Bond Street” at a price point slightly below the Redtape brand in the range of Rs 1500-2000 per pair. “The company plans to sell around 3-4 lakh pairs in the domestic market in FY18. The new brand will give deeper penetration to the company in MBOs in tier 2 and 3 cities

 

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Stock 20-20 Update News

stock2020_new_240हम आपको उन 20 स्टॉक्स के बारे में जानकारी देंगे जिनमें आज ट्रेडिंग कर के आप कमा सकते हैं मुनाफा। भले ही वो शेयर चढ़े या लुढ़के आपको फायदा देकर ही जाएंगे। यानी 20 शेयरों में आज खरीदने या बेचने पर सलाह।


टीबीजेड : खरीदें – 91, लक्ष्य 95 स्टॉपलॉस – 90
गीताजंलि: खरीदें – 64, लक्ष्य – 69, स्टॉपलॉस – 63
टाटा मेटलिक्स : खरीदें – 659, लक्ष्य – 685, स्टॉपलॉस – 655
टाटा स्पॉन्जः खरीदें – 837, लक्ष्य -850, स्टॉपलॉस – 835
आईआईएफएल : खरीदें – 495, लक्ष्य – 510 स्टॉपलॉस – 490
मोतीलाल ओसवाल : खरीदें – 1007, लक्ष्य – 1030, स्टॉपलॉस – 1000
लिबर्टी : खरीदें – 168, लक्ष्य – 157, स्टॉपलॉस – 166
मिर्जा इंटरनेशनल : खरीदें- 146 लक्ष्य – 155, स्टॉपलॉस – 145
विसा स्टील : खरीदें – 25.55, लक्ष्य -27, स्टॉपलॉस – 25
आईएसएमटी
: खरीदें – 11.65, लक्ष्य – 13 स्टॉपलॉस – 11.25

अदानी पावर : बेचें – 28.90, लक्ष्य 27.50 स्टॉपलॉस – 29.25
एल्केम लैब्स : खरीदें – 1866 लक्ष्य – 1925 स्टॉपलॉस – 1850
जेएसपीएल : खरीदें – 125, लक्ष्य – 132, स्टॉपलॉस – 123
डिविज लैब्सः बेचें – 564, लक्ष्य -532 स्टॉपलॉस- 550
सन फार्मा : खरीदें – 568 लक्ष्य – 552 स्टॉपलॉस – 575
महानगर गैस : खरीदें – 956, लक्ष्य – 990, स्टॉपलॉस – 950
कैडिला हेल्थकेयर : खरीदें – 443, लक्ष्य – 455, स्टॉपलॉस -440
रिलायंस कम्यूनिकेशंस : बेचें 25.80 लक्ष्य – 24.75, स्टॉपलॉस – 26
अंबिका कॉटन : खरीदें – 1306, लक्ष्य -1345, स्टॉपलॉस – 1300
टेक महिंद्रा : बेचें- 429, लक्ष्य – 415 स्टॉपलॉस – 434

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