Reliance Industries delivered a strong performance for Q2FY21. And this time too, the numbers were driven more by Reliance Jio and Reliance Retail. The earnings beat most estimates on the Street and the stock will once again be eagerly watched when it opens for trade on Monday.
The Morgan Stanley Capital International Index or MSCI Index was the BIG reason for cheer in the markets yesterday, despite the dismal global markets. Any rejig of the MSCI Index always has the potential to swing the market moods completely.
Jio had a total subscriber of 401 million at the end of July, 2020, with active users (as measured by users on date of peak VLR) being 78% at 313 million. But Airtel having a total subscriber of 320 million has active users of 97% being at 310 million.
The RBI, four months ago, came up with a unique way to get the banks to lend more – Desi Operation Twist. RBI announced that it will buy longer-tenor bonds while selling shorter debt. Sounds familiar? That’s because its similar to what the US Fed Reserve did in 2011-12 to make its long term debts cheaper and spur lending.
A company which is usually flushed with cash (without any need for capex and other investments) goes for a buyback to of shares in order to reward the shareholders for their ownership in the company and also boost stock price.
IDBI Bank has seen a sharp up move of about 4.5% in last few mins.
Sir,I have no words to express my pleasure and gratitude.yesterda y I bt FDC Ltd@139 and sold today at 165.when Nf was falling by 200pts,FDC Ltd was moving up at the same velocity.kudos to you mkt knld
Paiparambath Janardanan on 14th Jul 2020
Sir, would like to thank you so much for all the profit made beacuse of your guidance. To name a few Hikal Ltd, JSW Steel, Hind Zinc, Gujarat Ambuja, Kirloskar Bros, Oriental Aromatics...etc
Srinivasan Kanthaiyengar on 06th Aug 2020
Sir At 63 you are workaholic.Tireles sly work on sat/sun what to say of market days. You are spoiling your shishyas as they not permit u rest to get answer on holidays and u oblidge.Pl take rest for us
Ashish Garg on 14th Sep 2020
Sir,value u for what u r.i mention the stocks i have gained.have a few stocks where my strategy was rubbish.U hv given clear instructions.yet i mess up.Cant blame u fr it.3 years now,have only respect
Sharath Reddy on 26th Aug 2020
GAN, Sir. I am repenting, why I did not join UR membrship much earlier? So accurate calls.It's beyond my imagination. Boooked 1.8% profit within 3 hrs in Bharti July Fut. In which way I shld Thank U?
Suresh Janardan Manohar on 10th Jul 2020
I have gained 28% on Hind Rectifier. Should I hold or sell?
Shreya Mukherjee on 14th Aug 2020
sir i am beginner in this market. I am very much impressed by ur market expectations. your are one of the special child of goddess SARASWATI. THANK U SIR FOR UR VALAUABLE SUGGESTIONS.
Venkatesh B on 29th Jul 2020
Sir as a new player never ever have I seen the market go up. Siji you are no doubt a guru in your field. Thank you so much and all your members with their query and your answers have helped. Thank you
Diniyar Marshall on 17th Jul 2020
Multibagger investment is actually in Mr. Tulsian. People are making may be 100 times of what they pay in fees. At least you could have said Sorry sincerely and be back as part of this family
Kunal Yadav on 25th Aug 2020
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