Index trend and stocks in action September 24, 2018
Index trend and stocks in action September 24, 2018

Index trend and stocks in action September 24, 2018

Karan Dsij Article rating: 5.0

Going into trade on Monday, major support for the index is placed around the levels of 11,017-11,025, which is the confluence of 100-day SMA and 61.8 per cent retracement level. Stocks in news: DHFL, Biocon, ICICI Bank, ABB, Tata Steel, ITD Cementation, IL&FS Investment Managers, Sequent Scientific and Galaxy surfactants.

Markets may begin on a weak note amid negative cues from Asian peers
Markets may begin on a weak note amid negative cues from Asian peers

Markets may begin on a weak note amid negative cues from Asian peers

Karan Dsij Article rating: 5.0

Markets in India are expected to witness a shaky start as cues from Asian peers are negative. The US-China trade tariffs will become effective from today and, as per media reports, China has even refused to sit down on the negotiating table with the US. On the domestic front, traders will keep a watch on rupee, but the debt markets will be closely watched and this is where most of the cues will come from. The SGX Nifty is trading down by 23 points at 11,148, indicating negative start for the day.  

Decoding key financial ratios
Decoding key financial ratios

Decoding key financial ratios

Prakash Patil Article rating: 5.0

The financial ratios of a company mirror the financial health of a company. But is essential to understand and interpret some of the key financial ratios to accurately gauge the financial health of the company before investing in the stock. Here are some of the key financial ratios that every investor must look at before investing

IT deductions on disability of dependent
IT deductions on disability of dependent

IT deductions on disability of dependent

Prakash Patil Article rating: 4.5

The expenses incurred on medical care and nursing of dependents with specified disabilities can be claimed as deduction under the Income Tax Act. The deduction is available for medical expenses incurred towards nursing, training and rehabilitation of the disabled dependent.

SEBI moots new KYC norms for FPIs
SEBI moots new KYC norms for FPIs

SEBI moots new KYC norms for FPIs

Prakash Patil Article rating: 5.0

The Securities and Exchange Board of India (SEBI) has approved a slew of proposals aimed at boosting portfolio investments in stock and commodity derivatives markets.

SEBI has mooted revised framework for settlement of cases and has proposed new KYC norms for FPIs.

The geo-tag crackdown on shell companies
The geo-tag crackdown on shell companies

The geo-tag crackdown on shell companies

Prakash Patil Article rating: 5.0

The Central government plans to introduce geo-tagging of registered offices of companies in their statutory filings with the Registrar of Companies.

Market Crash—A Bolt From The Blue!
Market Crash—A Bolt From The Blue!

Market Crash—A Bolt From The Blue!

Prakash Patil Article rating: 4.5

The abrupt and unexpected crash in the market on Friday caused panic among the investors who were totally dumbstruck by the sudden precipitous fall in the markets. 

CRISIL upgrades the ratings of Muthoot HomeFin India
CRISIL upgrades the ratings of Muthoot HomeFin India

CRISIL upgrades the ratings of Muthoot HomeFin India

Shohini Nath Article rating: 5.0

The rating agency CRISIL has upgraded the ratings of Muthoot HomeFin India Ltd (MHIL) term loans, working capital demand loan and proposed long term bank facility to ’CRISIL AA/Stable’ from ’CRISIL AA-/Stable’.  

NBFC stocks plummet on Friday
NBFC stocks plummet on Friday

NBFC stocks plummet on Friday

Dnyanada Kulkarni Article rating: 4.0

The shares of NBFCs experienced sudden and heavy selling pressure on Friday. The rising cost of borrowing of housing finance companies is a major concern for the investors. 

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