Browse Category: commodity tips

Stock Market Indices won`t contribute to GDP Growth: Pranab Mukherjee

free stock cash tips

Former President Pranab Mukherjee termed the recent upward trends witnessed in stock markets in the country as mere financial transactions by some blue-chip companies and said these trends have very little impact on GDblue-chip reported PTI. Whatever little impact these indices will contribute to the GDP growth, they will not create a single job, Mukherjee said while delivering a talk organized by Ravenshaw University Development Trust.

Free Stock Cash Tips and recommendations with full executive’s support >> http://www.ripplesadvisory.com/free-trial.php or ONE MISSED CALL ON @9644405056 to subscribe us!

“We are not for growth in terms of numerical statistics. But growth for creating wealth and having the possession of that wealth at the hands of the people,” he said and emphasized on having a growth, which will generate jobs, create income and wealth at the hands of the people. Mukherjee, who had been union finance minister for a substantial period, said India during last 10 years had witnessed GDP growth rate at more than 8 percent but there has been stagnation recently.

“Probably, we will overcome the current stagnation and we will have a growth rate at seven to seven and a half percent,” he said. Raising a fundamental question as to what type of growth India needs, the former President said the unemployment situation in the country should be reflected in our policy formulation in the coming years, which will ensure real growth.

He said the policies should ensure that we can not only have steady and substantial growth but at the same time, growth must create a condition which will enhance the income of the people at large.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com       

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

FMCG Firms Slash Prices Post GST Reduction

free stock tips

FMCG companies, including ITC, Dabur, HUL, and Marico, said they have cut prices of various products to pass on the benefits of GST rate reduction to end-consumers, reported PTI. The companies said they will extend the price reduction to other categories, which have also seen tax rate cuts. The development comes a day after the government asked the firms to pass on lower GST rates to consumers.

BIG OFFERS REVEALED- GET FREE STOCK CASH TIPS WITH FULL-TIME EXECUTIVE’S SUPPORT REACH US ON 9644405056!

The Goods and Services Tax (GST) rate was reduced to 178 items, including detergents, shampoos and beauty products, from 28 percent to 18 percent from November 15. “ITC has modified the price of its relevant products keeping in mind the applicable rates under the recent GST notification,” a company spokesperson told PTI. Similarly, an HUL spokesperson said: “We have reduced the price for Bru Gold coffee from Rs 145 to Rs 111 on a 50 gm pack. Any further price changes will be communicated in due course.”

HUL remains committed to passing on the benefits of GST reduction to the consumers, the spokesperson added. Likewise, Marico CFO Vivek Karve said the company has effected MRP reductions on products across categories such as deodorants, hair gels, hair creams, body care etc. “While the new production shifts to new reduced MRP immediately, we are passing on the benefits on existing stocks either through stickering the products with reduced MRP or by providing additional discounts to our trade channel partners,” he said.

Karve further said the company has also sent out communication to its partners to pass on the benefit of reduced taxes to the consumers. Earlier in the day, Dabur India said it has cut prices of existing stocks across categories such as shampoos, skin care and home care by 9 percent. The company said it had also revised the MRP of fresh produce with immediate effect which will hit the shelves by next month.

When contacted, a Patanjali spokesperson said: “We welcome this step and the benefits must be transferred to the customers. We are evaluating over the quantum of decrease.” Earlier, CBEC Chairperson Vanaja Sarna in a letter to all major FMCG companies had pointed out the need to immediately revise the MRP on all the products for which the tax reductions have been announced by the GST Council.

GST rates on a number of items have also been reduced from 18 percent to 12 percent and from 12 percent to 5 percent. Items on which tax rate has been cut from 28 percent to 18 percent include chewing gum, chocolates, coffee, custard powder, dental hygiene products, creams, after-shave, deodorant, detergent and washing powder, razors and blades, cutlery, batteries, goggles, wrist watches and mattress. The tax rate on a condensed mil, refined sugar, pasta curry paste, diabetic food, and bamboo/cane furniture has been cut from 18 percent to 12 percent.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

Uber paid Hackers $100,000, concealed data stolen from 57 Million accounts

free equity tips on mobile

Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday.

Discovery of the U.S. company’s cover-up of the incident resulted in the firing of two employees responsible for its response to the hack, said Dara Khosrowshahi, who replaced co-founder Travis Kalanick as CEO in August.

GET FREE EQUITY TIPS ON MOBILE AND INDIAN STOCK MARKET RECOMMENDATIONS CALL ON 9644405056!

“None of this should have happened, and I will not make excuses for it,” Khosrowshahi said in a blog post.

The breach occurred in October 2016 but Khosrowshahi said he had only recently learned of it.

The hack is another controversy for Uber on top of sexual harassment allegations, a lawsuit alleging trade secrets theft and multiple federal criminal probes that culminated in Kalanick’s ouster in June.

The stolen information included names, email addresses and mobile phone numbers of Uber users around the world, and the names and license numbers of 600,000 U.S. drivers, Khosrowshahi said.

Uber passengers need not worry as there was no evidence of fraud, while drivers whose license numbers had been stolen would be offered free identity theft protection and credit monitoring, Uber said.

Two hackers gained access to proprietary information stored on GitHub, a service that allows engineers to collaborate on software code. There, the two people stole Uber’s credentials for a separate cloud-services provider where they were able to download driver and rider data, the company said.

A GitHub spokeswoman said the hack was not the result of a failure of GitHub’s security.

“While I can’t erase the past, I can commit on behalf of every Uber employee that we will learn from our mistakes,” Khosrowshahi said.

“We are changing the way we do business, putting integrity at the core of every decision we make and working hard to earn the trust of our customers.”

Khosrowshahi said Uber had begun notifying regulators. The New York attorney general has opened an investigation, a spokeswoman said.

Uber said it had fired its chief security officer, Joe Sullivan, and a deputy, Craig Clark, this week because of their role in the handling of the incident. Sullivan, formerly the top security official at Facebook Inc and a federal prosecutor, served as both security chief and deputy general counsel for Uber.

Kalanick learned of the breach in November 2016, a month after it took place, a source familiar with the matter. At the time, the company was negotiating with the U.S. Federal Trade Commission over the handling of consumer data.

A board committee had investigated the breach and concluded that neither Kalanick nor Salle Yoo, Uber’s general counsel at the time, were involved in the cover-up, another person familiar with the issue said. The person did not say when the investigation took place.

Uber said on Tuesday it was obliged to report the theft of the drivers’ license information and had failed to do so.

Kalanick, through a spokesman, declined to comment. The former CEO remains on the Uber board of directors, and Khosrowshahi has said he consults with him regularly.

CRIME PAYS

Although payments to hackers are rarely publicly discussed, U.S. Federal Bureau of Investigation officials and private security companies have told that an increasing number of companies are paying criminal hackers to recover stolen data.

“The economics of being a bad guy on the internet today is incredibly favorable,” said Oren Falkowitz, co-founder of California-based cybersecurity company Area 1 Security.

Uber has a history of failing to protect driver and passenger data. Hackers previously stole information about Uber drivers and the company acknowledged in 2014 that its employees had used a software tool called “God View” to track passengers.

Khosrowshahi said on Tuesday he had hired Matt Olsen, former general counsel of the U.S. National Security Agency, to restructure the company’s security teams and processes. The company also hired Mandiant, a cybersecurity firm owned by FireEye Inc, to investigate the breach.

The new CEO has traveled the world since replacing Kalanick to deliver a message that Uber has matured from its earlier days as a rule-flouting startup.

“The new CEO faces an unknown number of problems fostered by the culture promoted by his predecessor,” said Erik Gordon, an expert in entrepreneurship and technology at the University of Michigan’s Ross School of Business.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com       

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

Icra sees growth inching up to 6.3% in Q2

free stock cash tips

Economic expansion in terms of gross value added (GVA) is expected to improve to 6.3 percent in the three months to September from 5.6 percent in the previous quarter, on the back of a rise in industrial growth. Headline GVA growth, however, is likely to trail the 6.8 percent recorded in the second quarter of FY17.

GET INDIAN STOCK MARKET RECOMMENDATIONS BY THE BEST FINANCIAL ADVISORY RIPPLES RESEARCH HOUSE AND SUBSCRIBE OUR DAILY INTRADAY TIPS FOR FREE FROM HERE >> FREE STOCK CASH TIPS CALL ON 9644405056

“We expect GVA growth at basic prices to record a sequential recovery to 6.3 percent in the second quarter from 5.6 percent in the first quarter, led by a broad-based pick up in industrial growth, even as agriculture, forestry and fishing and services are likely to moderate,” rating agency Icra said in a report. Industrial growth improved to over 5.8 percent in the period from 1.6 percent in the first quarter.

Icra’s principal economist Aditi Nayar said the second quarter was a period of adjustment for the s economy, following the goods and services tax (GST) rollout. “Improved corporate earnings, partly reflecting milder discounts and higher commodity prices, and a pick-up in mining and electricity, are expected to contribute to a sequential recovery in Q2, offsetting the moderation in government spends and a tepid Kharif harvest for several crops,” Nayar said.

The significant turnaround in mining, a favorable base-effect, and supportive commodity prices, should boost mining and quarrying sub-sectors to a healthy 7.5 percent in the quarter, she added. Electricity generation also recorded an improvement led by the thermal segment. However, the real estate sector remains subdued on account of weak consumer sentiment, led by factors such as the note-ban-led drag, full implementation of the Rera and GST. This will cap construction sector remaining low at near 2.5 percent in the quarter.

The agency expects services growth to ease to 7.3 percent from 8.7 percent in the first quarter. Government’s non-interest revenue spend slid sharply to 0.8 percent in Q2 from 26.8 percent in Q1, reflecting the waning effect of front-loading of spending. However, available data for 12 states indicates a pickup in their revenue spends grew to 14.1 percent in Q2 from 10.7 percent in Q1. The report expects GVA growth in public administration and defense to ease to around 6.3 percent from 9.5 percent in Q1, weighing upon the overall GVA expansion.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com       

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

Asia Stocks supported by Global Growth Optimism, Dollar strong

indian stock market

South Korea’s KOSPI rose 0.25 percent, Australian stocks climbed 0.15 percent and Japan’s Nikkei advanced 1.25 percent.

Asian stocks edged higher on Tuesday as investors took heart from further evidence of strength in the global economy, while the Dollar hovered near a one-week high against its peers thanks to higher US yields and a floundering Euro.

Gains on Wall Street overnight also helped MSCI’s broadest index of Asia-Pacific shares outside Japan tack on 0.15 percent.

South Korea’s KOSPI rose 0.25 percent, Australian stocks climbed 0.15 percent and Japan’s Nikkei advanced 1.25 percent.

IF YOU ARE A FINANCIAL TRADER SO TAKE YOUR GOLDEN CHANCE TO GET MAXIMUM PROFIT BY INVESTING LESS IN INDIAN STOCK MARKET CLICK HERE AND SUBSCRIBE US FREE- HURRY UP OFFERS ARE LIMITED TO GRAB OUR FREE TRIALS >> http://www.ripplesadvisory.com/free-trial.php

Equity markets have enjoyed strong support this year thanks to rising corporate earnings on the back of an improving global economy.

That confidence was again on display overnight, with upbeat data in Germany helping the benchmark DAX brush off worries over the collapse of German coalition government talks.

German data showed strong industrial activity, while the Conference Board’s leading economic index for the United States rose 1.2 percent in October, double the rate economists.

Wall Street was led up by telecom and tech shares, with the Dow edging back towards record highs scaled two weeks ago.

In currencies, the Dollar index against a basket of six major currencies stood near a one-week peak of 94.104 touched overnight.

The greenback was boosted by rising bond yields, with the two-year US Treasury yield touching a nine-year high of 1.755 percent overnight.

The yield has risen as investors priced in more interest rate hikes by the Federal Reserve, while the Treasury is expected to increase debt issuance with a focus on short- and intermediate-dated maturities.

The two-year yield appears to have risen too high now, as the Fed is only likely to hike rates twice at most next year considering current trends in US wages and prices.

The Dollar was also boosted as the Euro has been weakened by political risks arising from German Chancellor Angela Merkel’s failure to form a three-way coalition government, thrusting Europe’s biggest economy into a political crisis.

Merkel, whose conservatives were weakened after they won an election in September with a reduced number of seats, said she would inform the German president that she could not form a coalition after the pro-business Free Democrats withdrew from negotiations.

The Euro stood little changed at USD 1.1736 and in close reach of a six-day low of USD 1.1722 touched on Monday.

The Dollar was steady at 112.565 yen, having bounced from a one-month low of 111.890 set overnight.

The Australian and New Zealand dollars were little changed at USD 0.7551 and USD 0.6809, respectively.

US crude futures were 0.15 percent lower at USD 56.34, extending losses from overnight when wariness towards next week’s OPEC meeting and a bounce by the Dollar hurt broader commodities.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

Indian ADRs: HDFC Bank, Dr. Reddy’s Lab, ICICI Bank down

Indian Stock market

Indian ADRs ended mostly lower on Monday. ICICI Bank fell 1.56 percent and Wipro added 1.09 percent.


Indian ADRs ended mostly lower on Monday. In the IT space, Infosys was unchanged at USD 14.64 and Wipro added 1.09 percent at USD 5.09.

IF YOU ARE A FINANCIAL TRADER SO YOU WILL SUBSCRIBE OUR FREE INDIAN STOCK MARKET TRADING TRIALS AND GET MORE CALL ON 9644405056!

In the banking space, ICICI Bank fell 1.56 percent at USD 9.46 and HDFC Bank shed 0.44 percent at USD 93.61.

In the other sectors, Tata Motors was unchanged at USD 33.09 and Dr. Reddy’s Laboratories was down 0.28 percent at USD 35.51.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com         

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

Tech gains help propel Wall Street to record highs

free equity tips on mobile

The Dow Jones Industrial Average rose 160.5 points, or 0.69 percent, to 23,590.83, the S&P 500 gained 16.89 points, or 0.65 percent, to 2,599.03 and the Nasdaq Composite added 71.76 points, or 1.06 percent, to 6,862.48.


US stocks jumped on Tuesday, pushing all three major indexes to record closing highs, led by gains in this year’s top-performing technology sector.

Confirm your financial future with best service advantages of Ripples Advisory Private Limited and here we provide best recommendations for you SUBSCRIBE NOW >> FREE EQUITY TIPS ON MOBILE CALL ON 9644405056

Healthcare stocks also rose after bullish results from medical device maker Medtronic, whose shares rose 4.8 percent after the company reported better-than-expected results and backed its full-year forecast.

The S&P technology index gained 1.2 percent, helped by a nearly 1.9 percent rise in Apple. The index has risen 38.6 percent this year, by far more than any other sector. The S&P 500 is up 16.1 percent for the year so far.

“We’re at a seasonal time of the year where investors are looking to add holdings rather than sell, so we have that upward bias,” said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.

“There’s money that’s been on the sidelines most of the year, and stocks have the best risk-adjusted profile right now. Stocks have had little volatility and the trend is upward,” he said, adding: “Tech is something people feel comfortable with right now and so you see money going into it.”

The CBOE Volatility index closed down 0.9 points at 9.73, its lowest close in more than two weeks.

The S&P 500 hit a record closing high for the first time in about two weeks. Indexes posted losses last week as investors worried whether the tax plan in Washington will see progress.

With the third-quarter earnings season winding down and no major economic data insight, trading activity slowed ahead of Thursday’s Thanksgiving holiday.

The Dow Jones Industrial Average rose 160.5 points, or 0.69 percent, to 23,590.83, the S&P 500 gained 16.89 points, or 0.65 percent, to 2,599.03 and the Nasdaq Composite added 71.76 points, or 1.06 percent, to 6,862.48.

The small-cap Russell 2000 index rose 1 percent and also hit a record closing high.

Goldman Sachs raised its earnings estimate for S&P 500 companies in 2018 and 2019 based on expectations of US corporate tax reform, above-trend global and US economic growth and slowly rising interest rates from a low base.

Shares of Urban Outfitters gained 3.7 percent while Hormel Foods was up 3.4 percent. Both reported quarterly results.

Signet Jewelers tanked 30.4 percent after reporting a surprise quarterly loss, pulling down Tiffany 0.8 percent.

Advancing issues outnumbered declining ones on the NYSE by a 2.10-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored advancers.

About 6.2 billion shares changed hands on US exchanges. That compares with the 6.8 billion daily average for the past 20 trading days, according to Ripples Advisory Private Limited.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com     

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

22nd November 2017- OPENING BELL- IT Was Top Performing Sector, Datamatics Zoomed 9.5% & Trigyn Was Up By 4.96%.

free equity tips on mobile

Yesterday IT was top performing sector, it rose by 1.30%, where Data matrics rose by 9.50%, Trigyn zoomed by 4.96%, Mastek was up by 6.58%, Sonta Software was up by 2.94% and Genesys gained by 5.42%.

GET QUICK TRADING TRIALS AND FREE EQUITY TIPS ON MOBILE CALL ON 9644405056

Among the minor sectors, Gold & Jewellery and Consumer Goods were top performing sectors gaining 3.38% and 2.37% respectively. Tribhovandas gained 2.56%, Mirza International zoomed by 8.06% and Vmart Retail rose by 3.72%.

Yesterday, Nifty opened at 10329 and closed at 10327 after making a high of 10359.Smallcap Index opened at 8522 and closed at 8494 after making a high of 8551.

Nifty Future is opening gap-up by 40 points against yesterday close of 10351 as indicated by SGX Nifty which is currently trading at 10391.

NIFTY OUTLOOK & OPEN INTEREST IN INDEX OPTION

indian stock market

In the Current Expiry, FII and PRO in combined have sold 273821 contracts in Index Options. In last 10 days also they have sold 116959 contracts.

FII and DII activity in Cash Segment

NSE TIPS

In last 10 days, FII and DII in combined have bought stocks worth Rs. 6166.40 Crore in cash segment.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056

Sensex rises 100 pts, Nifty reclaims 10,350 at open; TeamLease up 7%

free equity tips on mobile

Bata, Liberty Shoes, Relaxo Footwears, Superhouse and Mirza International gained 1-5 percent as sources told Ripples Advisory Private Limited that cabinet may consider a package for leather sector today.

TeamLease Services share price rallied 7 percent after T Rowe Price International and its International Discovery Fund bought close to 5 percent stake (85,736 and 7,50,808 shares at Rs 1,885 per share) through block deals on Tuesday.

GET INDIAN STOCK MARKET FREE RECOMMENDATION CALL ON 9644405056

Gaja Capital India Fund I sold 1,53,374 shares at Rs 1,885 per share and GPE (India) sold 6,56,975 shares at Rs 1,885.04 per share.

Equity benchmarks started off trade on a positive note, with the Nifty reclaiming 10,350 level, tracking the positive lead from Asian peers.

The 30-share BSE Sensex was up 95.75 points at 33,574.10 and the 50-share NSE Nifty gained 29.80 points at 10,356.70.

About 803 shares advanced against 291 declining shares on the BSE.

Yes Bank, NTPC, Ambuja Cements, Zee Entertainment, Reliance Industries, Tata Motors and Bosch were early gainers.

Bata, Liberty Shoes, Relaxo Footwears, Superhouse and Mirza International gained 1-5 percent as sources told that cabinet may consider a package for leather sector today.

Future Retail, TeamLease Services, NCC, BGR Energy Systems and DHFL rallied 2-7 percent.

Asia markets traded higher, taking overnight cues from Wall Street where stocks rose to record highs.


For more visit us at www.ripplesadvisory.com

Or mail us here: info@ripplesadvisory.com

Contact us on +91 9644405056 (Quick Free Trials)

Customer Care Service: +(0731) 242-7007

Sensex, Nifty off day’s high; PSU Bank falls 1%, HDFC Life most active

free equity tips on mobile

Sun Pharma and Cipla are the top gainers, while TCS, Asian Paints, and Ambuja Cements lost the most.

ONGC Videsh (OVL), the overseas investment arm of the country’s top explorer Oil and Natural Gas Corporation, said it had acquired a 15 percent stake in Namibia’s offshore Block 2012A from Tullow Oil.

GET FREE TRADING TRIALS WITH A GOOD AMOUNT OF ACCURACY AND INDIAN STOCK MARKET RECOMMENDATIONS CALL ON 9644405056

OVL executed the deal through its subsidiary ONGC Videsh Vankorneft Pte, it said in a statement.

Tullow Namibia had a 25 percent stake in the block in Namibia’s Petroleum Exploration License area (PEL)0030. Eco Oil and Gas Namibia (Pty), with a 32.5 percent stake, is the operator of the block. ONGC Videsh last month bought a 30 percent stake in PEL 0037 from Tullow Oil.


For Quick Trading Trials  – 9644405056

Or mail us here: info@ripplesadvisory.com

Visit us at http://www.ripplesadvisory.com

✆ – 0731-2427007 | Customer Care Services

Give a Missed Call for Free Trial – 9644405056