Q2 FY17 GDP growth at 7.3% vs 7.6% YoY

Q2 FY17 GDP growth at 7.3% vs 7.6% YoY     GDP growth accelerated in the second quarter of this financial year to 7.3% on the back of a stronger performance in the agriculture sector        GDP Growth for Q2FY17 stood at 7.3% versus 7.1% QoQ and against an expectation of 7.5% ·    Agri Growth came in at 3.3% versus 1.8% QoQ ·    Manufacturing sector grew by 7.1% versus 9.1% QoQ ·    Mining sector contracted by 1.5% versus 0.4% decline QoQ Get...

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Sensex pares gains, Nifty fails to hold 8150 amid late sell-off

Equity benchmarks started off Tuesday's trade on a strong note with the Sensex rising 237 points intraday but pared gains amid late profit booking. The selling pressure was seen in FMCG, technology and select banks while auto, oil and telecom stocks gained. Investors maintained cautious stance ahead of macro-economic data - GDP, fiscal deficit and core sector.The market gained for the third consecutive session, though it closed off day's high....

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3 reasons why the RBI hiked CRR

The Reserve Bank of India (RBI) hiked the cash reserve ratio over the weekend - the percentage of cash deposits that banks have to maintain with RBI – at 100% of the deposits (NDTL) accrued between September 16 and November 11 as incremental cash reserve ratio. An increase in CRR means that banks have to park more money with the central bank and, hence, a higher CRR sucks out liquidity from the banking system. Here...

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Wall St finishes at record highs; consumer staples, techs gain

Wall Street's three main indexes closed at record highs on Friday, helped by gains in consumer staples and technology stocks as investors hunted for bargains in a post-election rally.The stock markets closed early for Black Friday, while trading volumes were thin.The three major indexes closed higher for the third week in a row, extending their rally since the US election. The S&P 500 marked its seventh record close since November 8.The...

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Rupee, IT stocks, global cues: Why Sensex ended 456 points higher today

Snapping previous session’s losses, the benchmark indices on Friday staged a smart recovery led by gains in IT and pharma stocks after the rupee on Thursday hit its all-time low against dollar. Positive global cues as dollar retreated from 14-year high mark also added to the gains. The S&P BSE Sensex settled the day at 26,316, up 456 points, while the broader Nifty closed at 8,114, up 149...

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CS ROCKING PERFORMANCE OF THE DAY - 24 NOV 2016

STOCK FUTURES: FUTURES INTRADAY: Lt  FUTURES  BUY CALL 1ST  tg ULTRACEMCO BUY CALL 2ND TG   PREMIUM FUTURES: BUY HINDALCO DEC FUTURE BUY CALL 3RD TG NIFTY FUTURES: OPTION  BUY TCS 2200 CALL DEC 2ND  TG BUY LUPIN 1500 CALL DEC.1ST   TG OPTION PREMIUM: BUY HINDALCO170 CALL NOV. FINAL TG STOCK CASH STOCK CASH INTRADAY: BUY BERGEPAINT BUY CALL 2ND  TG BUY...

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CS ROCKING PERFORMANCE OF THE DAY - 23 NOV 2016

STOCK FUTURES: FUTURES INTRADAY: LUPIN  FUTURES  BUY CALL 3RD  tg APOLLO TYRE  FUTURES  SELL CALL EXIT NEAR 178.75 ULTRACEMCO BUY CALL  PREMIUM FUTURES: BUY CAIRN INDIA FUTURE BUY CALL 3RD TG NIFTY FUTURES: NIFTY SELL CALL SL TRIGGERED OPTION OPTION PREMIUM: BUY HINDALCO170 CALL NOV. 1ST TG ( BOOKED AT 5.50)& HOLD FOR TOMORROW STOCK CASH STOCK CASH INTRADAY: BUY BYKE BUY CALL 1ST TG BUY DCMSHRIRAM BUY CALL 3RD TG STOCK CASH  PREMIUM: BUY VEDL BUY CALL...

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CS PERFORMANCE MESSAGE:21 NOV 2016

STOCK FUTURES: FUTURES INTRADAY: CEAT LTD  FUTURES  SELL  CALL 1ST  tg TITAN FUTURES  SELL CALL 1ST tg PREMIUM FUTURES: SELL SBIN FUTURE SELL CALL 3RD TG SELL PNB FUTURE SELL CALL 3RD TG NIFTY FUTURES: OPTION hdfc 1220 CALL BUY CALL 3RD   TGT OPTION PREMIUM: BUY INDUSINDBK 1080 PUT CALL NOV 1ST TG BUY SBIN 260 PUT CALL 1ST TG STOCK CASH STOCK CASH INTRADAY: SELL INDUSINDBK SELL CALL 3RD TG SELL YESBANK SELL CALL 3RD TG STOCK CASH  PREMIUM: SELL...

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NHPC Q2 net jumps 28% to Rs 1,555 crore on other income

State-run hydro power generator NHPC on Friday posted a net profit of Rs 1,554.6 crore for the second quarter ended September, which is a 28 per cent rise over that recorded in the same quarter a year ago, mainly on the back of other income.  NHPC had posted a net profit of Rs 1,215.7 crore for the quarter ended September 30, 2015.   The company's total income in the quarter in question rose 21.36 per cent to Rs 3,281.22 crore, over...

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