Wednesday 20th March 2019,
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10,580 crucial for Nifty; real estate, metal and auto stocks in focus: Kotak Securities

10,580 crucial for Nifty; real estate, metal and auto stocks in focus: Kotak Securities

On February 19, the market managed to close above 10,580 in spite of a steep sell-off on that day. It has helped the market to technically rebound towards 10,800, but the index is still trading in a range of 10,550-10,950. Traders should not forget about the crucial level of 10,580 on the downside, which still [...]

March 3, 2019 Loknath Das Real Estate Comments Off on 10,580 crucial for Nifty; real estate, metal and auto stocks in focus: Kotak Securities

Job cuts in infra, real estate, auto; revival only after 6 mnths

Job cuts in infra, real estate, auto; revival only after 6 mnths

When it was announced, demonetisation was expected to boost government revenues through better disclosure of income by individuals and businesses. That, in turn, was expected to increase government and lead to creation of more jobs. But six weeks into the demonetization drive, the calculations appear to have gone awry. There are reports of many jobs [...]

December 21, 2016 Saheli Real Estate Comments Off on Job cuts in infra, real estate, auto; revival only after 6 mnths

Auto trade body lowers FY 2017 growth target on higher taxes

Auto trade body lowers FY 2017 growth target on higher taxes

India’s auto trade body has lowered the growth estimate for passenger vehicle sales in the next fiscal year to 11 percent from an earlier forecast of 12 percent, after the government raised taxes on car sales last month. In his annual federal budget, Finance Minister Arun Jaitley imposed a sales levy of up to 4 [...]

March 10, 2016 Saheli Uncategorized Comments Off on Auto trade body lowers FY 2017 growth target on higher taxes