Contact Your Financial Adviser Money Making MC
19
December 2017
I had
mentioned in Monday’s closing report that Nifty, Sensex were trending higher.
The major indices of the Indian stock markets rallied on Tuesday and closed
with gains over Monday’s close. The BJP win in Gujarat elections continued to
keep the major indices on a long term upward trajectory. According to market
observers, a surge in auto, consumer durables and metals stocks, coupled with
favourable global cues, kept investors' sentiments buoyed. On the NSE, there
were 1,284 advances, 417 declines and 288 unchanged. The trends of the major
indices in the course of Tuesday’s trading are given in the table below: The Total Investment & Insurance
Solutions
 |
Major Indices (The Total
Investment & Insurance Solutions)
Bharti
Airtel through its subsidiaries has entered into a definitive agreement with
Millicom International Cellular under which Airtel Rwanda will acquire 100%
equity interest in Tigo Rwanda, a company statement said here on Tuesday.
Bharti Airtel shares closed at Rs540.00, up 2.61% on the NSE. The Central
government favours bringing petroleum products under the ambit of Goods and
Services Tax (GST) but only after building a consensus with states, Union
Finance Minister Arun Jaitley said on Tuesday. He said that petroleum products
have not been kept out and were a part of the GST legislation but the decision
to levy GST on these products can be taken only after the GST Council clears it
with 75% or three-fourth majority. He added that no further amendment to any law
would be required for the same as the 115th Constitutional amendment already
provides for it. The Total Investment & Insurance
Solutions
Indian
software market is expected to grow at 11.9% (year-on-year) and touch $5.1
billion by the end of 2018, market research firm IDC said. "Collaborative and
Customer Relationship Management (CRM) applications were among the top three
fastest-growing software categories in 2017, primarily led by adoption via a
Cloud model (consumed as software-as-a-Service)", Sandeep Kumar Sharma,
Associate Research Manager, Software and IT Services, IDC India, said in a
statement. The Total Investment
& Insurance Solutions
Global
automobile major Toyota aims to introduce its new range of battery electric
vehicles (BEVs) in India and other key markets through the 2020s. According to
an official statement released, the global automobile giant plans to popularise
electrified vehicles for the decade 2020-2030. "Toyota's electrified
vehicle strategy centres on a significant acceleration in the development and
launch plans of hybrid electric vehicles (HEVs), plug-in hybrid electric
vehicles (PHEVs), battery electric vehicles (BEVs), and fuel cell electric
vehicles (FCEVs)," the statement said. "Toyota will accelerate the
popularisation of BEVs with more than 10 BEV models to be available worldwide
by the early 2020s, starting in China, before entering other markets, the
gradual introduction to Japan, India, United States and Europe is
expected." As per the company's plans, by around 2030, Toyota aims to have
sales of more than 5.5 million electrified vehicles, including more than 1
million zero-emission vehicles (BEVs, FCEVs). Additionally, by around 2025,
every model in the Toyota and Lexus line-up around the world will be available
either as a dedicated electrified model or have an electrified option. S &
P BSE Auto Index closed at 26,742.51, up 3.42% on the BSE. The top gainers and
top losers of the major indices are given in the table below: The Total Investment & Insurance Solutions
 |
Top Gainer (The Total
Investment & Insurance Solutions)
The
closing values of the major Asian indices are given in the table below:The Total Investment & Insurance Solutions
 |
| Asian Indices (The Total Investment & Insurance Solutions) |
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