Index trend and stocks in action October 29, 2018
Index trend and stocks in action October 29, 2018

Index trend and stocks in action October 29, 2018

Karan Dsij Article rating: 5.0

The index is now in close proximity to its crucial support zone of 10,000-9952. However, a decisive move below this support zone would open up for further correction up to the levels of 9680-9700 in the short term. Stocks in news: Cox & Kings, Dishman Carbogen Amcis, Dr Lal Path Labs, Bombay Dyeing and Manufacturing Company, Peninsula Land, India Cements and Axis Bank.

Positive start likely despite mixed cues from Asian peers
Positive start likely despite mixed cues from Asian peers

Positive start likely despite mixed cues from Asian peers

Karan Dsij Article rating: 5.0

Today, the start of the fresh week is likely to be cheerful one, despite the Asian markets trading on a mixed note. Positive trends in the SGX Nifty Index Future which was trading at 10,103, up by 56 points, also indicated a positive start for the local bourses. On the earnings front, big names like Bharat Petroleum Corporation, HDFC Asset Management Company, Tata Power, Century Textiles and Industries, Colgate Palmolive, LIC Housing Finance, Union Bank of India, will release their results today. 

Dealing with IT notice under section 143(1)(a)
Dealing with IT notice under section 143(1)(a)

Dealing with IT notice under section 143(1)(a)

Prakash Patil Article rating: 5.0

By now, all income taxpayers would have received an intimation from Income Tax (IT) Department under Section 143(1) giving details of either the refund payable by the IT department to the taxpayer if the tax paid/deducted exceeds the tax liability of the taxpayer, or asking the taxpayer to pay the balance amount of tax payable by the assessee, if the tax deposited by the assessee is less than the amount computed by the IT department.

Credit card charge-off and write-off
Credit card charge-off and write-off

Credit card charge-off and write-off

Prakash Patil Article rating: 5.0

If you have defaulted your credit card payment for more than six months, you would get a statement which reads “credit charge-off”. So what does it mean? Does it mean that your payment is “waived” by the company and you no longer have to pay the debt?

Protect your profits with trailing stop losses
Protect your profits with trailing stop losses

Protect your profits with trailing stop losses

Prakash Patil Article rating: 5.0

If you are a day trader, you would certainly be maintaining a stop loss and a profit target on every trade. You set a stop loss to limit your loss to a manageable level as per your risk appetite and the profit target that you set is to book your profit once your target price is reached.

RBI sees clear signs of investment revival
RBI sees clear signs of investment revival

RBI sees clear signs of investment revival

Prakash Patil Article rating: 5.0

The Reserve Bank of India (RBI) has said that there is growing evidence of an upturn in investment activity in India. According to RBI’s latest paper entitled “India’s Investment Cycle: An Empirical Investigation”, this revival in the investment cycle is expected to last up to 2022-23 when the investment rate is estimated to rise up to 33 per cent of the GDP from the current level of 31 per cent.

Choosing the right fund for SIP
Choosing the right fund for SIP

Choosing the right fund for SIP

Prakash Patil Article rating: 5.0

If you are planning to start SIP of a mutual fund scheme, you need to be sure that you pick the right fund that will deliver decent returns and help you to achieve your financial goals. Here are a few tips that will help you to choose s suitable fund.

ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves
ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves

ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves

Nidhi Jani Article rating: 4.0

The net interest income (NII) for Q2FY19 came in at Rs. 6418 crore as against Rs. 5709 crore as compared to the corresponding quarter last year, an increase of 12.4 per cent. Also, the net interest margin (NIM) stood at 3.33 per cent as against 3.19 per cent for Q2FY18.

UFO Moviez announces acquisition, stock spikes up
UFO Moviez announces acquisition, stock spikes up

UFO Moviez announces acquisition, stock spikes up

Bhagyashree Vivarekar Article rating: No rating

The largest digital cinema distribution network and in-cinema advertising platform, UFO Moviez announced the acquisition of Scrabble Digital (SDL) through its wholly-owned subsidiary Scrabble Entertainment (SEL). The stock gave a breakout on Friday’s trade closing 5.5 per cent up.

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