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Reserve Bank of India Governor Urjit R Patel will address the media following the sixth bi-monthly monetary policy where the six-member RBI Monetary Policy Committee (MPC) will decide if there is a need for a revision in the Repo Rate.RBI will have more room to reduce benchmark rates following the government’s goal to keep the fiscal deficit target at 3.2 percent of the GDP in FY18. More Information visit:- www.researchinfotech.in and Call : 8982890444
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The 30-share BSE Sensexwas down 29.96 points at 28305.20 and the 50-share NSE Nifty gained 0.15 points at 8768.45. About 1446 shares advanced against 1112 declining shares on the BSE.Earnings growth this quarter might remain soft, but investors are in the mood to invest and there is palpable optimism around India, said Rashesh Shah of Edelweiss.   Brent crude futures, the international benchmark for oil prices, were trading at USD 54.77 per barrel, down 0.44 percent, from their previous close. More Information visit:- www.researchinfotech.in and Call : 8982890444
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Research Infotech - Investors Cautious Ahead of RBI Policy
Research Infotech – Investors Cautious Ahead of RBI Policy
The Market remained directionless in morning, with the Nifty gyrating in a 20 points range. Investors maintained cautious stance ahead of RBI monetary policy committee’s decision. Motilal Oswal believes a favorable inflation trajectory and a brave Union Budget that resisted calls for consumption stimulus give sufficient room to the RBI to cut policy rates by 25 basis points to 6 percent.
The…
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Equity benchmarks started off Wednesday's trade on a cautious note ahead of outcome of two-day monetary policy committee meeting due later in the day. The 30-share BSE Sensex was up 20.75 points at 28355.91 and the 50-share NSE Nifty gained 0.80 points at 8769.10. The Indian rupee has opened marginally higher at 67.38 per dollar today versus previous close of 67.41. For More Information visit:- www.researchinfotech.in and Call : 8982890444
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Benchmark indices closed flat with a positive bias but broader markets continued to outperform for the second consecutive session. The 30-share BSE Sensex was up 13.91 points at 28240.52 and the 50-share NSE Nifty gained 6.70 points at 8740.95 while the BSE Midcap and Smallcap indices gained 0.6 percent and 1 percent. Sun TV Network (up 23 percent) and BSE (up 33 percent) were star performers. More Information please visit : www.researchinfotech.in and Call : 8982890444
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The Market has recovered a bit in the afternoon trade on the back of positive European market opening.The Sensex is down 29.55 points at 28197.06, and the Nifty down 8.70 points at 8725.55. About 1524 shares have advanced, 1124 shares declined, and 141 shares are unchanged. More Information please visit : www.researchinfotech.in and Call : 8982890444
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The finance minister announced changes in electoral funding, under which political parties can only receive up to Rs 2,000 in cash from a single source, and proposed to ban cash transactions above Rs 3 lakh. Research Infotech provides you accurate tips related to the stock and share market with great accuracy percentile. For more information visit:- www.researchinfotech.in and Call : 8982890444
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Research Infotech provides you accurate tips related to the stock and share market with great accuracy percentile. For more information visit:-http://www.researchinfotech.in and Call : 8982890444 The stock surged as much as 48.8 percent in early trade to hit highest level of Rs 1,200.In pre-opening session, it settled 34.6 percent higher at Rs 1085 (the lowest level intraday) against issue price. BSE (ersewhile Bombay Stock Exchange), which was the first share sale by a domestic stock exchange, recently concluded its Rs 1,243-crore initial public offering that was opened for bidding on January 23-25.
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The 30-share BSE Sensex was down 36.47 points at 28190.14 and the 50-share NSE Nifty fell 12.20 points to 8722.05. Sun TV Network surged 20 percent in opening after Special 2G court cleared charges against former Telecom Minister Dayanidhi Maran and his brother & head of the company Kalanidhi Maran, in Aircel-Maxis case. The Indian Rupee opened marginally higher at 67.35 per dollar versus 67.37 Thursday. More Information please visit : www.researchinfotech.in and Call : 8982890444
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The 30-share BSE Sensex was up 84.97 points at 28226.61 and the 50-share NSE Nifty gained 17.85 points at 8734.25. The market breadth was also positive as about 1530 shares advanced against 1248 declining shares on the exchange. ITC, Infosys, TCS, Sun Pharma, Dr Reddy's Labs and Bharti Airtel rallied 1-3 percent while Tata Motors, L&T, M&M, HUL and Bajaj Auto fell 1-2.5 percent.More Information please visit : www.researchinfotech.in and Call : 8982890444
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Benchmark indices remained volatile with the Sensex rising 29.27 points to 28170.91 and the Nifty gaining 2.40 points at 8718.80.About 1360 shares advanced against 886 declining shares on the BSE.ITC, Bharti, NTPC, ICICI Bank and ONGC are top gainers while M&M, Tata Motors, Wipro, GAIL and HDFC are losers in the Sensex. More Information please visit : www.researchinfotech.in and Call : 8982890444
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Research Infotech Budget 2017 Update
Research Infotech Budget 2017 Update
Finance Minister Arun Jaitley placed consumers before rigid fiscal discipline as he spelt out a carefully crafted plan to boost people’s spending power, create jobs and improve rural incomes in 2017-18 Budget, mixing welfare economics with a new wave of reforms.
The finance minister announced changes in electoral funding, under which political parties can only receive up to Rs 2,000 in cash from…
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The 30-share BSE Sensex was down 28.74 points at 28112.90 and the 50-share NSE Nifty fell 16.10 points to 8700.30. ITC, ICICI Bank, NTPC, SBI, ONGC, NTPC and BPCL gained further in early trade, up 0.5-2 percent while M&M fell 2 percent after a 10 percent decline in auto sales in January.The Indian rupee gained in early trade today. It has opened higher by 4 paise at 67.44 per dollar. More Information visit : www.researchinfotech.in and Call : 8982890444
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Those earning between Rs 2.5 lakh and Rs 5 lakh will now be taxed at 5 percent from 2017-18, from 10 percent earlier, and those earning between Rs 50 lakh and Rs 1 crore annually will have to pay surcharge of 10 percent in addition to a 30 percent income tax.The Finance Minister raised the Budget for programmes for scheduled castes (SCs) for 2017-18  to 52,393 crore from Rs 38,000 crore currently.The finance minister announced changes in electoral funding, under which political parties can only receive up to Rs 2,000 in cash from a single source, and proposed to ban cash transactions above Rs 3 lakh. More Information visit : www.researchinfotech.in and Call : 8982890444
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The #BSE #SENSEX OPEN @ 27669.08(+13.12) ■■ The #NSE#NIFTY OPEN @ 8570.35 (+9.05) ■■ #BANKNIFTY OPEN @ 19522.40(+7.25) Research Infotech provides you accurate tips related to the stock and share market with great accuracy percentile. For more information visit:- www.researchinfot... and Call : 8982890444
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NIFTY CLOSE @ 8561.30 (-71.45) SENSEX CLOSE @ 27655.96(-193.60)BANK NIFTY CLOSE @ 19515.15(-70.10)Any Information Visit : www.researchinfotech.in and Call : 8982890444
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Sowing area has shown 6 percent improvement in yields during rabi season– 1.4 lakh villages declared defecation free– Free gas connections provided to 5 crore households There will be plenty of interesting economic concepts that are expected to find a mention in the Economic Survey. For instance, universal basic income is something that might find a mention. Any Information visit : www.researchinfotech.in and Call : 8982890444
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