RBI may keep repo rate unchanged at 6% in April policy review

There is a clear consensus that the six-member monetary policy committee of the Reserve Bank of India (RBI) would keep the repo rate unchanged at 6 per cent next week. This is an emergent view, which was missing in previous polls undertaken by the newspaper. Surely, any change in rates or stance is not expected in the first bi-monthly monetary policy review for 2018-19 on April 4-5. But the inflation trajectory...

Read More

CAPITALSTARS - Vedanta hit by up to $600 million charge for Goa iron ore unit closure

London-listed Vedanta Resources said on Thursday it would likely record an impairment charge of up to $600 million following the closure of its iron ore business in Goa. In February, the Supreme Court quashed all iron ore mining permits and mining was ordered stopped from March 16 in Goa, one of the country's top producing states for the material used in steel. Billionaire Anil Agarwal's Vedanta Resources, the state's biggest ore miner, said...

Read More

RBI slaps Rs 58.9 crore fine on ICICI Bank for failure to meet disclosure norms on sale of securities

The Reserve Bank of India, in a rare move, has imposed a penalty of Rs 58.9 crore on ICICI Bank, the country's biggest private bank and the third biggest overall, for failure to adhere to rules on sale of bonds in the held-to-maturity (HTM) category. "The Reserve Bank of India (RBI) has imposed through an order dated March 26, 2018, a monetary penalty of ₹589 million on ICICI Bank Limited (the bank) for non-compliance with directions...

Read More

CAPITALSTARS ROCKING PERFORMANCE OF THE DAY - 28 MAR 2018

STOCK FUTURES: FUTURES INTRADAY: SELL BHARTI AIRTEL FUT 1 TGT BUY CESC FUT 1 TGT PREMIUM FUTURES: BUY WIPRO FUT 1 TGT ALMOST NIFTY FUTURES: INDEX OPTION CALL OPTION BUY MARUTI CALL 9000 SL TRIGGERED OPTION PREMIUM BUY TATASTEEL  560 PUT ON HOLD FOR TOMORROW STOCK CASH STOCK CASH INTRADAY buy NIITLTD IN CASH 1 TGT buy MUHTOOTFIN IN CASH 1 TGT STOCK CASH  PREMIUM: BUY EDELWEISS IN...

Read More

CAPITALSTARS ROCKING PERFORMANCE OF THE DAY - 27 MAR 2018

STOCK FUTURES: FUTURES INTRADAY: BUY CAPF FUT SECOND TGT SELL BHARTI AIRTEL FUT SECOND TGT PREMIUM FUTURES: BUY HINDPETRO FUT 1 TGT BUY IBULHSGFIN FUT ON HOLD FOR TOMORROW   BUY BPCL  FUT SL TRIGGREED NIFTY FUTURES: INDEX OPTION CALL OPTION BUY HINDUNILVR CALL 1320 SECOND TGT BUY TATAMOTOR 330 CALL SECOND TGT almost     OPTION PREMIUM BUY HDFC 1800 MARCH CALL 1ST TGT   STOCK...

Read More

CAPITALSTARS ROCKING PERFORMANCE OF THE DAY - 26 MAR 2018

STOCK FUTURES: FUTURES INTRADAY: SELL GAILINDIA SL TRIGGERED   BUY CADILAHC FUT FINAL TGT ALMOST BUY JUBLFOOD FUT SECOND TGT PREMIUM FUTURES: SELL BPCL FUT SL TRIGGERED ‘ BUY SBIN FUT SECOND TGT BUY JUBLFOOD FUT HOLD FOR TOMORROW. NIFTY FUTURES: SELL BANKNIFTY FUT SL TRIGGERED    INDEX OPTION CALL BUY BANKNIFTY 23800 PUT SL TRIGGERED OPTION BUY LICHSGFIN CALL 520 FINAL TGT BUY TCS...

Read More

Wall Street nosedives as investors flee on trade war fears

Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential US trade war with China, shied away from risk ahead of the weekend and sought shelter from further losses. In a volatile session, the S&P 500 came within a hair of its 200-day moving average, a key technical level. The benchmark index also nudged closer to its February low, which marked a correction,...

Read More

CAPITALSTARS ROCKING PERFORMANCE OF THE DAY - 23 MAR 2018

STOCK FUTURES:    FUTURES INTRADAY: SELL AXIS BANK FUT 2 TGT SELL SBI FUT SECOND TGT   PREMIUM FUTURES: SELL ENGINERSIN FUT 1 TGT   NIFTY FUTURES: INDEX OPTION CALL BUY BANKNIFTY  23800 PUT 1 TGT BUY NIFTY 9950 CALL 1 TGT OPTION BUY JINDALSTEL 210 PUT FINAL TGT   OPTION PREMIUM BUY BHARTI AIRTEL CALL 400 SL TRIGGERED   BUY SBIN PUT 240 FINAL TGT YESTERDAY CALL BUY AXIS...

Read More