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14Th April 2017
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Saturday 14 April 2018
Think differently, you could have owned a BMW-The Total Investment & Insurance Solutions
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Friday 13 April 2018
Nifty, Sensex On an Upmove – Weekly closing report -The Total Investment & Insurance Solutions
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The key Indian equity indices traded in the
green on Friday afternoon tracking global markets, supported by buying in
banking, metal and IT (information technology) indices. Both the NSE and BSE
traded on positive notes. On the NSE, there were 835 advances, 878 declines and
331 unchanged.The Total Investment & Insurance Solutions
13
April 2018
I had mentioned in last Friday’s weekly closing
report that Nifty, Sensex might move sideways. The major indices of the Indian
stock markets were range-bound during the week and closed with small weekly
gains on Friday over last Friday’s close. The trends of the major indices in
the course of the week’s trading are given in the table below: The Total Investment & Insurance
Solutions
 |
| Major Indices (The Total Investment & Insurance Solutions) |
The major indices of the Indian stock markets rallied on
Monday and closed with small gains over Friday’s close, as the gains made
earlier in the day were not sustained. On the NSE, there were 1,027 advances,
719 declines and 304 unchanged. The
Total Investment & Insurance Solutions
Oil markets stabilised on Monday after having lost around
2% last Friday as concerns grew over the impact on global growth from an
intensifying trade dispute between the United States and China, as well as
increased U.S. drilling activity. Markets were also eyeing the situation in
Syria after reports - denied by the Pentagon - that U.S. forces had struck a
major air base there, according to Reuters. The Total Investment & Insurance Solutions
China
on Monday hinted it won't push for fugitive Indian jeweller Nirav Modi's
arrest, who is suspected to be in Hong Kong, saying the Chinese autonomous
region has its own set of judicial rules and India can deal with the
authorities directly. A special CBI court here on Sunday issued non-bailable
warrants (NBWs)against diamantaire Nirav Modi and his uncle Mehul Choksi in
connection with Rs13,500 crore Punjab National Bank (PNB) fraud.
The
CBI on Saturday questioned Rajiv Kocchar, brother-in-law of ICICI Bank MD and
CEO Chanda Kochhar, and Mahesh Chandra Pugalia, a close aide of Videocon Group
chief Venugopal Dhoot in connection with a case relating to Rs 3,250 crore loan
to the group in 2012.
The
major indices of the Indian stock markets were range-bound on Tuesday and
closed with small gains over Monday’s close. On the NSE, there were 819
advances, 908 declines and 322 unchanged.
Hopes
over easing of recent global trade protectionist measures aided the key Indian
equity indices to rise during the early-morning trade session on Tuesday
in-line with their Asian peers. According to market observers, there was buying
in metals, banking and capital goods stocks making Indian equities trade in the
green for the fourth consecutive session. US stock futures rallied, Asian
shares bounced and the yen fell on Tuesday as Chinese President Xi Jinping
promised to lower import tariffs on products including cars, observed market
analysts.
Lending
major HDFC said that it has increased its 'Retail Prime Lending Rate' (RPLR) by
20 basis points effective since April 1, 2018. HDFC's 'Adjustable Rate Home
Loans' (ARHL) are benchmarked on RPLR.
Binani Industries, the parent company of insolvent Binani
Cement, informed the National Company Law Tribunal's Kolkata bench that it has
moved the Supreme Court for termination of insolvency proceedings against its
cement manufacturing subsidiary. The
Total Investment & Insurance Solutions
The Union government on Tuesday ordered a probe into an
incident of deplaning of a passenger by IndiGo airline, over his alleged
complaint of mosquitoes in the aircraft.
The Total Investment & Insurance Solutions
The
major indices of the Indian stock markets were range-bound on Wednesday and
closed with marginal gains over Tuesday’s close. On the NSE, there were 612
advances, 916 declines and 50 unchanged.
Airline major Jet Airways said that it will not
participate in the divestment process of national carrier Air India. "We
welcome the government move to privatise Air India. It is a bold step.
"However, considering the terms of offer in the information memorandum and
based on our review, we are not participating in the process," Amit
Agarwal, Deputy CEO and CFO, Jet Airways was quoted in a statement. The
development assumes significance as it comes days after another airline IndiGo
on April 5 had said that it will not bid for Air India under the "current
divestiture plans". The Total
Investment & Insurance Solutions
After the market closed on Wednesday, US President Trump
warned on developments in Syria and America’s planned firm response. President
Donald Trump said relations with Russia are worse than they have ever been and
warned the country to "get ready" because a volley of U.S. missiles
would soon be sent into Syria in response to a suspected chemical weapons
attack, according to Bloomberg Quint. “Russia vows to shoot down any and all
missiles fired at Syria. Get ready Russia, because they will be coming, nice and
new and “smart!,” Trump wrote on Twitter. “You shouldn’t be partners with a Gas
Killing Animal who kills his people and enjoys it!” This international
political turbulence could lead to caution among investors worldwide including
India and there could be bearish trends.
The Total Investment & Insurance Solutions
The
major indices of the Indian stock markets closed with gains over Wednesday’s
close. On the NSE, there were 715 advances, 1,016 declines and 317 unchanged.
There was strong buying witnessed in all software stocks.
The Confederation of Indian Industry (CII) on Thursday
said it expects India's gross domestic product (GDP) to grow at 7.3%-7.7%
during the 2018-19 financial year. "This is based on strengthening demand
in the rural economy, including agriculture and non-farm activities, as well as
better global growth climate," said Rakesh Bharti Mittal, President, CII.
"There are some macro challenges like rising oil prices, but that would be
more than compensated by improving industrial performance," he added. The Total Investment & Insurance
Solutions
State-run
IDBI Bank on Thursday said a Rs3 crore penalty imposed on it by the Reserve
Bank of India (RBI) "will not have any material impact" on it.
According to a BSE filing by IDBI Bank, the RBI imposed a Rs3 crore penalty on
it for non-compliance of 'Income Recognition and Asset Classification' (IRAC)
norms. "This is to inform that the RBI vide letter dated April 10, 2018
has imposed a monetary penalty of Rs 30 million on the bank... for
non-compliance with the directions issued by it on IRAC norms," the filing
made on Thursday said. "It is further clarified that the said penalty will
not have any material impact on the bank."
PM Modi aims to increase healthcare share in GDP to 2.5 pc: Rajnath Singh-The Total Investment & Insurance Solutions
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13
April 2018
 |
| Healthcare Sector(The Total Investment & Insurance Solutions) |
Prime Minister Narendra Modi has set an aim to
increase the share of healthcare sector in the countrys gross domestic product
(GDP) to 2.5 per cent, Union minister Rajnath Singh said today. The Total Investment & Insurance
Solutions
In his address at the Founders Day celebrations of the
Sir Ganga Ram Hospital (SGRH) here, the home minister also asserted that the
government considered the private sector as a "strategic partner" in
its endeavour to achieve universal healthcare and health cover to all citizens.
"In a country of 125 crore people it is not an easy
job to provide healthcare to all. There are various challenges which we have to
meet...When it comes to governments expenditure, our healthcare sector accounts
for 1.16 per cent of the GDP. The Total
Investment & Insurance Solutions
"But, I want to assure you, and our prime minister
also talks about it. And, the PM has aimed that the GDP share of the healthcare
sector should be increased to 2.5 per cent, and for that expenditure can be
made," Singh said.
The minister, in his speech, also hailed Sir Ganga Ram
and his legacy, saying he is remembered both in India and Pakistan for his
contribution, despite the partition in 1947. The Total Investment & Insurance Solutions
Highlighting the challenges in terms of number of doctors
and nurses, and infrastructural needs, Singh said, the government wanted to
"encourage investment in this field". The Total Investment & Insurance Solutions
"If one looks at the current scenario in India, we
have 0.6 doctors per thousand of population and 0.8 nurses per thousand of
population, while the number of beds per thousand stands at 1.5. And, the
situation is not so good at global level too," he said. The Total Investment & Insurance
Solutions
"So, we want to encourage investment in the
preventive and promotive (healthcare) sector. We see the private sector as
strategic partners in our endeavour to provide universal healthcare," the
minister said.
On the occasion, the home minister also inaugurated an
11-storeyed car parking facility and laid foundation stone of a radiotherapy
and OPD block in the SGRH premises. The
Total Investment & Insurance Solutions
Sir Ganga Ram, an engineer by profession, was born on
April 13, 1851 in a village in Punjab province of British India. The Total Investment & Insurance Solutions
He established the SGRH in 1920s in Lahore which still
functions by the same name, even after partition. The Total Investment & Insurance Solutions
The SGRH in Delhi was inaugurated in 1954 by then prime
minister Jawaharlal Nehru. PTI KND GJS GJS KJ KJ.The Total Investment & Insurance Solutions
Infosys net dips 28% sequentially in Q4-The Total Investment & Insurance Solutions
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13
April 2018
 |
| Infosys(The Total Investment & Insurance
Solutions) |
Software major Infosys Ltd on Friday reported 28.1 per
cent sequential decline in consolidated net profit, in rupee terms, to Rs 3,690
crore for the fourth quarter of 2017-18.
The Total Investment & Insurance Solutions
In a regulatory filing on the BSE, the city-based IT firm
said consolidated revenue for the quarter under review was up 1.6 per cent
sequentially to Rs 18,083 crore in rupee terms. The Total Investment & Insurance Solutions
On a yearly basis, net profit, however, grew 2.4 per cent
and revenue 5.6 per cent in rupee terms.
The Total Investment & Insurance Solutions
Under
the International Financial Reporting Standards, in dollar terms, consolidated
net income declined 28.1 per cent sequentially to $571 million but gross income
was up 1.8 per cent sequentially to $2,805 million.
Software major Infosys Ltd on Friday reported 28.1 per
cent sequential decline in consolidated net profit, in rupee terms, to Rs 3,690
crore for the fourth quarter of 2017-18.
The Total Investment & Insurance Solutions
In a regulatory filing on the BSE, the city-based IT firm
said consolidated revenue for the quarter under review was up 1.6 per cent
sequentially to Rs 18,083 crore in rupee terms. The Total Investment & Insurance Solutions
On
yearly basis, net income, however, grew 5.3 per cent and gross income grew 9.2
per cent.The Total Investment
& Insurance Solutions
Exports dip 0.66% in March, up 9.78% in 2017-18 -The Total Investment & Insurance Solutions
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13 April 2018
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Exports(The Total Investment & Insurance
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Indias exports dipped by 0.66 per cent to USD 29.11 billion in March, even as they increased by 9.78 per cent for the full 2017-18 fiscal.
Exports aggregated at USD 302.84 billion in 2017-18 as compared to USD 275.85 billion in the previous fiscal. The Total Investment & Insurance Solutions
Imports in March grew by 7.15 per cent to USD 42.8 billion, leaving a trade deficit of USD 13.69 billion, according to data released by the Commerce Ministry today.
Oil imports during the month under review were valued at USD 11.11 billion, 13.92 per cent higher than the same month previous year.
During 2017-18, imports increased by 19.59 per cent to USD 459.67 billion.
Trade deficit during the fiscal stood at USD 156.83 billion. PTI RR ABM ABMThe Total Investment & Insurance Solutions
Global Stocks Mostly Up As Trade, Syria Uncertainties Ease-The Total Investment & Insurance Solutions
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13 April 2018
 |
| South korea financial markets (The Total Investment & Insurance Solutions) |
Global stock markets were mostly higher Friday after the
U.S. said it was exploring the possibility of returning to trade talks with 11
Pacific countries. Sentiment also improved as the U.S. said it is consulting
allies before making a final decision on possible military strikes against
Syria.
KEEPING SCORE: France's CAC 40 rose 0.3 percent to 5,327
and Germany's DAX gained 0.6 percent to 12,490. Britain's FTSE 100 was down 0.1
percent at 7,252. Futures augured a tepid start on Wall Street with S&P and
Dow futures both up 0.2 percent. The
Total Investment & Insurance Solutions
ANALYST'S TAKE: "U.S.-centric politics once again
played the key role in shifting the alternating market sentiment with President
Donald Trump toning down on the attacks upon Syria," Jingyi Pan, a market
strategist at IG in Singapore, said in a daily commentary. "Early movers
in the Asian region have certainly caught on this improved sentiment, with the
icing on the cake being President Donald Trump's directive to consider the
re-joining of the Trans-Pacific Partnership."
TRADE: Trade has been a big issue that swayed global
stock markets since the onset of the trade dispute between the United States
and China. Those concerns took a back seat as Trump asked advisers to explore
the possibility of the U.S. returning to trade talks with 11 Pacific nations to
rejoin the Trans-Pacific Partnership. The
Total Investment & Insurance Solutions
SYRIA: Trump put off a final decision on possible military
strikes against Syria after tweeting earlier that they could happen "very
soon or not so soon at all." The White House said on Thursday the United
States will continue to consult its partners and allies. The statement eased
worries about escalation of tensions. Trump's earlier tweet suggested that he
wanted to retaliate against Russia after the recent suspected chemical attack
in Syria.
ASIA'S DAY: Asian markets finished higher. Nikkei 225
rose 0.6 percent to 21,778.74. South Korea's Kospi advanced 0.5 percent to
2,455.07. Hong Kong's Hang Seng index edged down 0.1 percent to finish at
30,808.38. China's Shanghai Composite Index lost 0.7 percent to 3,159.05.
Australia's S&P/ASX200 rose 0.2 percent to 5,829.10. Stocks in Taiwan,
Singapore were higher but in the Philippines and Indonesia they were lower.
CHINA DATA: China's global trade balance swung to a rare
deficit in March as exports dropped, but its surplus with the United States
stood at $15.4 billion. Exports contracted 2.7 percent from a year earlier to
$174.1 billion, down from the 24.4 percent growth for the first two months of
2018, customs data showed Friday. Imports rose 14.4 percent to $179.1 billion,
though that was down from 21.7 percent growth in January and February.
OIL: Benchmark U.S. crude rose 31 cents to $67.38 per
barrel in electronic trading on the New York Mercantile Exchange. The contract
rose 0.4 percent on Thursday. Brent crude, used to price international oils,
gained 24 cents to $72.26 per barrel in London. It shed 0.1 percent the day
before.
CURRENCIES: The dollar rose to 107.63 yen from 107.32
yen. The euro strengthened to $1.2336 from $1.2328.The Total Investment & Insurance Solutions.
Thursday 12 April 2018
Nifty, Sensex Trending Up Again – Thursday closing reportThe Total Investment & Insurance Solutions
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Making MC
12
April 2018
I had mentioned in Wednesday’s closing report
that Nifty, Sensex might head lower on geo-political concerns. The major
indices of the Indian stock markets closed with gains over Wednesday’s close.
On the NSE, there were 715 advances, 1,016 declines and 317 unchanged. There
was strong buying witnessed in all software stocks. The trends of the major
indices in the course of Thursday’s trading are given in the table below: The Total Investment & Insurance
Solutions
 |
Major Indices
(The Total Investment & Insurance Solutions)
The
Confederation of Indian Industry (CII) on Thursday said it expects India's
gross domestic product (GDP) to grow at 7.3%-7.7% during the 2018-19 financial
year. "This is based on strengthening demand in the rural economy,
including agriculture and non-farm activities, as well as better global growth
climate," said Rakesh Bharti Mittal, President, CII. "There are some
macro challenges like rising oil prices, but that would be more than
compensated by improving industrial performance," he added.
State-run
IDBI Bank on Thursday said a Rs3 crore penalty imposed on it by the Reserve
Bank of India (RBI) "will not have any material impact" on it.
According to a BSE filing by IDBI Bank, the RBI imposed a Rs3 crore penalty on
it for non-compliance of 'Income Recognition and Asset Classification' (IRAC)
norms. "This is to inform that the RBI vide letter dated April 10, 2018
has imposed a monetary penalty of Rs 30 million on the bank... for
non-compliance with the directions issued by it on IRAC norms," the filing
made on Thursday said. "It is further clarified that the said penalty will
not have any material impact on the bank." IDBI Bank shares closed at
Rs71.65, down 0.62% on the NSE.
With
the Indian Air Force beginning the process of buying 110 fighter jets, in a
deal that could be worth more than $15 billion, Lockheed Martin has expressed
its readiness to shift its F-16 fighter aircraft manufacturing unit to India --
and the US government, according to the manufacturer, will allow it to do that.
This is likely to give a filip to defence suppliers from India and abroad.
Even
as Aadhaar's credibility is being questioned, paperless travel could soon
become a reality, according to a top aviation expert. "Our research shows
that 70% of passengers in India said they would definitely use biometrics if
given the option, removing the need to show a passport or boarding card at key
points at airports," Maneesh Jaikrishna, Vice President -- Indian
Subcontinent, Eastern and Southern Africa -- for SITA told IANS in an interview
here. He said this was well above the global average of 57%. Leveraging India's
national Aadhaar biometric identity system, together with SITA's Smart Path
technology, would be able to provide secure and efficient journey through the
airports, he added. SITA is IT and communications service provider for air
transport. Jaikrishna had announced at the recent Air Transport IT Summit in
Jaipur that paperless travel would be a reality in India soon. Jet Airways
India shares closed at Rs621.65, up 0.63% on the NSE.
The
top gainers and top losers of the major indices are given in the table below:
 |
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)
March CPI inflation eases to 4.28%, February IIP slows to 7.1%-The Total Investment & Insurance Solutions
Contact Your Financial Adviser Money Making MC
12 April 2018
 |
| Food (The Total Investment & Insurance
Solutions) |
India`s annual retail inflation eased for the third straight month in
March to 4.28 mainly driven by cooling down in prices of food, government data
showed on Thursday. The Total
Investment & Insurance Solutions
The CPI-based retail inflation cooled down to 4.28 percent in March on
annual basis, as compared to 5.07 percent in the preceding month.
However, growth momentum was curtailed as industrial output slowed down
by 7.1 percent in February, Central Statistics Office (CSO) showed today.
As per data released by the Central Statistics Office (CSO), inflation
in the vegetables segment cooled to 11.7 percent in March from 17.57 percent in
the previous month. The Total
Investment & Insurance Solutions
The rate of price rise in the protein rich items like eggs, milk and
other products too moderated in March as against the previous month. However,
inflation in fruits basket was higher. Overall, inflation in the food basket
was 2.81 percent, lower than 3.26 percent in February. The Total Investment & Insurance Solutions
The CSO data further revealed that inflation in the fuel and light
segment also came in lower at 5.73 percent month-on-month basis.
Citing multiple risks to the inflation trajectory arising from farm
price hikes and possible fiscal slippages, RBI justified the status quo on key
rates and its neutral stance in the monetary policy review announced last week.The Total Investment & Insurance
Solutions
Reliance Jio bets big on laptops with cellular connections, in talks with Qualcomm -The Total Investment & Insurance Solutions
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12
April 2018
 |
| Jio growth(The Total Investment & Insurance Solutions) |
Mukesh Ambani-led Reliance Jio is in talks with the US chip maker
Qualcomm to make laptops with built-in cellular connection for the Indian
market.
The chipmaker has been already working with Jio for the 4G feature
phone. “They could take the device and bundle it with data and content,” Miguel
Nunes, senior director, product management, Qualcomm Technologies, was quoted
by ET report. The laptop could come with Windows 10
pre-loaded.
Jio is yet to officially issue any confirmation in this regard.
Entrackr’s query to Jio did not elicit a response till the publication of the
article. According to the Counterpoint Research, cellular-connected laptops
could be the next big ARPU device for operators beyond smartphones.
Once the device is compiled or out in the market, would pave the way for
the SIM card to be inserted and a smartphone cum laptop can be made available
to the users. The Total Investment
& Insurance Solutions
At present, Jio has a device play Reliance Retail, which sells MiFi
dongles, LYF smartphones, and 4G feature phone. It currently sources these
devices from various Chinese original device markets (ODMs).
Besides, there are no cellular laptops available in the Indian market.
Meanwhile, Qualcomm, that wants telecom operators to understand the
value of the product, also held talks to the home-bred Internet of Things (IoT)
brand Smartron to bring the Snapdragon 835-powered laptops with cellular
connectivity. The Total Investment
& Insurance Solutions
According to an industry estimate, about 20 per cent laptops sold in
India every year can be converted to the SIM-enabled devices, the service
provider could end up adding Rs 300 crore to Rs 1000 crore to their revenue
depending on the tariffs they fix and the plans the customers choose.
Just after Jio launch in September 2016, India became the highest mobile
data user in the world. Indians have consumed over 1 billion GB of data every
month compared to 200 million GB earlier.
The telecom operator had triggered a tariff war, offering months of free
data and charging cheap rates in the country with 4G network. Jio, that has
been bringing a major chunk of India’s 1 .4 billion population on the Internet,
has over 160 million paid users base. The
Total Investment & Insurance Solutions
Notably, it has set an internal target of reaching 400 million
subscribers by the end of 2018. The
Total Investment & Insurance Solutions
Now with built-in sim card laptop project in the process, it will give a
major boost to Jio growth.The Total
Investment & Insurance Solutions
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