The National Company Law Appellate Tribunal (NCLAT) on Thursday expressed its displeasure over the crisis-hit IL&FS and the government's delay in filing the progress report on the resolution process of the group companies

"In spite of our order dated 12th July 2019 no 'Progress Report' has been filed by Union of India or IL&FS. They are allowed to file the 'Progress Report' by tomorrow (Friday)," said the NCLAT order.

The bench headed by NCLAT Chairperson S.J. Mukhopadhaya further asked the government to settle the claims of all the creditors of the Moradabad-Bareilly Expressway Ltd, the Jharkhand Road Projects Implementation Company, and the West Gujarat Expressway Ltd as per signed 'Term Sheet', before the next hearing on September 5. 

"The Union of India or IL&FS should also give notice to all the financial creditors of rest of the 10 'Amber' entities and take preliminary step by taking their consent in the manner it was followed in the cases of aforesaid three amber entities," it said.

Further, by the next hearing the government and IL&FS would also have to intimate the steps which they intend to take with regard to all the 82 red entities, the bench said.

The new board at IL&FS had classified the IL&FS group companies into three categories -- 'green', 'amber', and 'red' -- on the basis of their ability to service debt obligations to secured and unsecured creditors. Firms classified as "green" would continue to meet their payment obligations, while "amber" category firms can meet only operational payment obligations to secured financial creditors.

Those under the "red" category are the entities which cannot meet their payment obligations at all.

The bench further said that it would be open to the government and ILFS to call for meeting of the lenders and if necessary, the matter can be taken up on day-to-day basis to ensure that the total process with regard to all the amber entities, particularly the aforesaid three companies which IL&FS has decided to reclassify as green entities, is concluded on an early date. 

"They will keep it in mind that already 300 days approx. have completed since the Interim Order was passed on 15th October 2018," the order said. The appellate tribunal directed the government and IL&FS to file a fresh progress report by September 3.

FOR MORE UPDATES CONTACT US @Future and Options Tips OR 9644405057

A slowdown in its European operations dragged down Tata Steel Ltd’s overall operating margins, which in turn took a toll on its stock price. The stock fell as much as 4.03% on Thursday, before closing 3.77% lower. Given the weak outlook, analysts have not ruled out a further derating

The double whammy of lower steel prices and higher raw material costs have been impacting steel producers. Steel prices have softened significantly in the past quarter leading to lower realizations. As a result, globally diversified firms such as Tata Steel have been hit.

Revenues from its European operations dipped by 11% year-on-year to 14,495 crores in the June quarter. Volume growth was lower than what the Street had pencilled in. Operational issues further dragged down performance. In fact, the European operations face headwinds from lower economic growth and uncertainty around Brexit.

Tata Steel’s Indian operations, though, held up somewhat, despite a slowdown in the domestic economy. Steel production rose 23% year-on-year to 4.5 million tonnes (mt), while sales increased by 18% year-on-year to 3.96 mt. As a result, domestic revenues rose by 12.7% from a year earlier. Higher operating costs, however, saw its domestic net profit shrink marginally, though subdued economic activity and liquidity issues will weigh on domestic consumption.

A rise in production could not perk up revenues because steel realizations were lower in the first quarter. Consolidated steel production rose 11% year-on-year to 7.15 mt, while sales increased 5% year-on-year to 6.34 mt. Domestic production surged 23%, while sales grew 18% from a year ago.

Nevertheless, lower realizations dragged down Tata Steel’s consolidated Ebitda (earnings before interest, tax, depreciation and amortization). Ebitda margins came in at 15%, which saw a sharp contraction of 200 basis points year-on-year.

Tata Steel has cut back on its domestic expansion plans due to slowing demand. Capital expenditure plans have been cut by 20-25%. This is also to help the company keep its deleveraging plans on course.

“Tata Steel has reiterated its deleveraging plan of $1 billion in FY20 relying on cash flows from 

a) downward revising FY20 capex by 20-25%

b) working capital release of  2,000 crores, and 

c) potential stake sale of south-east Asia business," said analysts at JM Financial Institutional Securities Ltd in a note to clients.

Still, its overleveraged balance sheet, coupled with a weak earnings outlook, could continue to weigh on the Tata Steel stock in the medium term.

Get Best Option  Trading  Tips in Stock Market and Get Free Trial For More Information Contact us @9644405057

हल्दी वायदा (सितंबर) की कीमतों में 6,400 रुपये तक गिरावट हो सकती है।

महाराष्ट्र और निजामाबाद में भारी बारिश जारी है, लेकिन यह बारिश फसल के लिए काफी लाभकारी है। जीरा वायदा (सितम्बर) की कीमतों के 18,950-19,400 रुपये के दायरे में सीमित दायरे में कारोबार करने की संभावना है। 3 से 10 सितंबर तक गुजरात के प्रमुख बाजारों के बंद रहने के कारण खरीदार और बिक्रेता बाजार में सक्रिय नही हैं। दूसरी ओर चीन की ओर से निर्यात माँग कम है, जबकि स्टॉकिस्ट अधिक कीमतों पर खरीदारी नही करना चाहते हैं, जिससे कीमतों पर दबाव रह सकता है।

इलायची वायदा (अक्टूबर) की कीमतों को 1,440 रुपये के स्तर पर अड़चन रह सकती है और कीमतों की बढ़त पर रोक लगी रह सकती है, क्योंकि सितंबर में दूसरे दौर के फसल की कटाई होगी और ऑक्सन केन्द्रों पर आवक में बढ़ोतरी होगी। सउदी अरब द्वारा आयात पर रोक के कारण अधकि कीमतों पर निर्यात माँग में कमी बनी हुई है। मौजूदा सीजन में अभी तक कुल 2,023 टन इलायची की आवक हुई है और लगभग 1,996 टन इलायची की बिक्री हुई है।

धनिया वायदा (सितंबर) की कीमतों के 4,650-4,850 रुपये के दायरे में कारोबार करने की संभावना है। मध्य प्रदेश के प्रमुख बाजारों में बेहतर आवक और औसत खरीदारी के कारण सामान्य कारोबार हो रहा है। आगामी त्योहारी सीजन के दौरान भारतीय धनिया की माँग में बढ़ोतरी हो सकती है, जिससे कीमतों को मदद मिल सकती है। 

Best services for customers with full technical support make your Financial Trading more easy click here to subscribe us for free >>Nifty Future Tips and Ripples Advisory

हल्दी वायदा (सितंबर) की कीमतों के नरमी के रुझान के साथ 6,730-6,885 रुपये के सीमित दायरे में कारोबार करने की संभावना है।

मौजूदा सीजन में हल्दी के अधिक उत्पादन अनुमान के कारण देश भर के हाजिर बाजारों में हल्दी की कीमतों पर दबाव पड़ रहा है। केरल और इरोद में बाढ़ और अधिक बारिश से फसल के प्रभावित होने के बावजूद अधिक उत्पादन क्षेत्रों के कारण हल्दी का उत्पादन अधिक होने का अनुमान है।

जीरा वायदा (सितंबर) की कीमतों को 19,500-19,640 रुपये के स्तर पर बाधा रह सकती है। गुजरात के सौराष्ट्र क्षेत्र में बारिश में तेजी आने से अक्टूबर के अंत में शुरू होने वाली जीरे की बुआई अधिक हो सकती है, जिसके कारण जीरे की कीमतों में गिरावट जारी रह सकती है।

धनिया वायदा (सितंबर) की कीमतों में 4,500 रुपये तक गिरावट जारी रह सकती है। हाजिर बाजारों में खरीदारों के बाजार से दूर रहने के कारण माँग कम हो रही है।

इलायची वायदा (सितंबर) की कीमतों को 1,400 रुपये के स्तर पर अड़चन रह सकती है। आगामी दिनों में बाजार की नजर नयी फसल के ऑक्शन केन्द्रों पर आने के साथ ही निर्यात की संभावना पर रहेगी। लेकिन आयातक देशों द्वारा क्वालिटी को लेकर सख्त मानक के कारण कीमतों पर दबाव रह सकता है। 1 सितंबर से ही सऊदी अरब द्वारा भारतीय इलायची पर कीटनाशकों को लेकर प्रतिबंध के कारण कीमतों में नरमी का रुझान रह सकता है। 

Two days Free Trials and best services packages for dealing in Stock market click here to get >> Nifty Market Tips and Ripples Advisory One Missed call on @9644405056

The parent company of the Tata Group acquired a tranche of 2.61 crore shares at around Rs 255.8 apiece, as per disclosures made to exchanges

In a bid to increase promoter holding in its automotive arm, Tata Sons purchased shares of Tata Motors in bulk from the open market. This is the third such transaction in the last 14 months.

The parent company of the Tata Group acquired a tranche of 2.61 crore shares at around Rs 255.8 apiece, as per disclosures made to exchanges. Previously, Tata Sons had bought shares amounting to Rs 670 crore on August 13 and August 20, respectively.These transactions have raised Tata Sons’ holding in the auto manufacturer to 33.40 percent from 25.22 percent in 2015. The parent company of the salt-to-software Tata group has been gradually raising its stake in Tata Motors since 2015 by snapping up shares from the open market and participating in rights issues.

The move to strengthen promoter holding in group companies is not restricted to Tata Motors. The parent company has also acquired a higher stake in subsidiary Tata Steel.

Investor sentiment has also picked up. The purchase of shares by promoters is viewed as a positive move by investors, which in turn provides a fillip to stock prices.

Shares of the automaker are trading at its lowest level in six years. Its valuation has fallen 40 percent since the beginning of the year. Tata Motors also has the dubious distinction of being the worst performer on the BSE Auto index.According to Bloomberg data, the average 12-month target price of the stock is Rs 361 per share. Analysts tracking the stock are a divided lot. Of the 42 polled by Bloomberg, 29 had a Buy rating.

Two days Free Trials and best services packages for dealing in Stock market click here to get >> Nifty Market Tips and Ripples Advisory One Missed call on @9644405056

देश की दूसरी सबसे बड़ी आईटी कंपनी इन्फोसिस (Infosys) ने 04 सितंबर 2018 को बतौर रिकॉर्ड तिथि निर्धारित किया है।

कंपनी के निदेशक समूह ने इस दिन को बोनस शेयर / शेयर लाभांश आवंटित करने के लिए तय किया है। इन्फोसिस के शेयरधारकों ने इसके लिए डाकमत पत्र के जरिये अपनी मंजूरी दे दी है।
दूसरी तरफ सेंसेक्स में गिरावट के बीच इन्फोसिस का शेयर भी आज दबाव में है। 1,399.20 रुपये के पिछले बंद स्तर के मुकाबले आज यह 1,392.55 रुपये पर खुलने के बाद साढ़े 11 बजे के आस-पास 7.00 रुपये या 0.50% की कमजोरी के साथ 1,392.20 रुपये पर चल रहा है। अभी तक के कारोबार में इसका निचला भाव 1,387.20 रुपये और ऊपरी भाव 1,403.00 रुपये का रहा है। 

Two days Free Trials and best services packages for dealing in Stock market click here to get >>Nifty Market Tips and Ripples Advisory One Missed call on @9644405056

Gold prices extended declines into a third session on Monday, as the U.S. dollar climbed to a 13-month high against major peers amid financial crisis in Turkey.

Spot gold had dropped 0.3 percent to $1,207.41 an ounce by 0335 GMT, hovering not far from a 17-month low of $1,204 hit earlier in August. U.S. gold futures were down 0.3 percent at $1,215.10 an ounce.

The dollar index, which measures the greenback against a basket of currencies, was little changed at 96.414, after climbing to its highest since early July 2017 at 96.505.

"In an environment of broad dollar strength, gold struggles ... but what we clearly see is some support and that comes from uncertainty as equities are negatively affected," said Dominic Schnider at UBS Wealth Management in Hong Kong.

Asian shares skidded on Monday and the euro hit one-year lows against the dollar as a renewed rout in the Turkish lira drove demand for safe harbours, including the U.S. dollar, Swiss franc and yen.

The Turkish currency had plunged to a new record low on worries over President Tayyip Erdogan's influence over the economy and worsening relations with the United States.

Turkey has drafted an economic action plan and will start implementing it on Monday morning to ease investor concerns, Finance Minister Berat Albayrak said.

Elsewhere, China's central bank on Friday said it would maintain its prudent and neutral monetary policy to ensure ample liquidity and keep the yuan largely stable, after the currency earlier this month hit a 14-month low versus the dollar amid ongoing Sino-U.S. trade tensions.

The U.S. dollar, in which gold is priced, has benefited from recent global political and trade tensions, while bullion has not despite being widely seen as a safe-haven asset.

"The story would look a little different if you had dollar strength on its own in a sense that it's not risk-off driven ... Gold might find it difficult to breach $1,200 in a risk-off world," Schnider said.

Spot gold remains neutral in a range of $1,206-$1,220 per ounce and an escape could suggest direction, said Reuters technicals analyst Wang Tao.

Gold last week was sold at a discount in India for the first time in six weeks on subdued demand as buyers bet that prices could fall still further after hitting near seven-month lows last week.

Gold speculators added 22,195 contracts to their net short position in the week to Aug. 7, bringing it to 63,282 contracts, the largest since records became publicly available in 2006, U.S. Commodity Futures Trading Commission (CFTC) data showed.

In other precious metals, silver fell 0.4 percent to $15.21 an ounce. Platinum shed 1.8 percent to $812.24, while palladium lost 1.1 percent to $900.15.

Two days Free Trials and best services packages for dealing in Stock market click here to get >> Nifty Market Tips and Ripples Advisory One Missed call on @9644405056

"I am not bearish on the market right now but have kept a selective bullish bias," Dipen Sheth of HDFC Securities said

The market is trading steady right now despite rising oil prices and global trade war tensions, though some investors were a little bit circumspect of the market in 2018 after a stellar rally in 2017.

The Nifty fell more than 10 percent to hit a 2018 closing low of 9,998.05 (on March 23) after hitting an all-time high of 11,171.55 (January 29), but then showed a gradual and smart recovery of 9 percent from the lows to trade around 10,900 now.

The market cracked in February and March, pulled back smartly and is now holding steady. "I am not bearish on the market right now but have kept a selective bullish bias," Dipen Sheth of HDFC Securities said in an interview to CNBC-TV18.

Shriram Transport Finance Corporation

He said recent news about the company granting loan guarantees to its group company is a negative as it is taking on unnecessary exposure to liabilities.

Technology companies

Sheth feels IT is a 'winning horse' right now. "Q1 FY19 is expected to be a seasonally strong quarter and investors will read through cross-currency headwinds. Midcaps are trading around 12-16 earnings. In lagecaps, TCSis trading at 20 times or more."

Consumer durablesVoltas and Symphony are his picks in the consumer durables space. "One can accumulate Voltas around Rs 500-520 levels. Symphony is currently trading around Rs 1,400 levels after hitting a 52-week high of Rs 2,212.75 in January. It has corrected more than 36 percent from its 52-week high." He sees strong earnings visibility in both these companies.

Two days Free Trials and best services packages for dealing in Stock market click here to get >> NiftyMarket Tips and Ripples Advisory One Missed call on @9644405056 

Oil prices rose on Wednesday, pushed up by supply disruptions in Libya and Canada and after U.S. officials said all countries should stop Iranian crude imports from November.

Brent crude futures were at $76.60 per barrel at 0111 GMT, up 29 cents, or 0.4 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were at $70.79 a barrel, up 26 cents, or 0.3 percent.

The United States has told countries to cut imports of Iranian oil to zero from November, a senior State Department official said on Tuesday.

"Oil prices were flying higher overnight after catching an updraft from the U.S. administration calling for allies to cut Iran imports to zero tolerance," said Stephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA.

He also warned "Libya will continue to be a significant point of concern in the oil supply chain".

A power struggle between the official government and rebels has left it unclear who will handle Libya's large oil reserves, although as of late Tuesday sources said the country's oil ports of Hariga and Zueitina in eastern Libya appeared to be working normally.

For North America, Innes said "the market continues to focus on Syncrude Canada where 350,000 barrels per day (bpd) remain in limbo after a transformer blew and shut a critical oil sands upgrader on June 2". He added that repairs would likely last until the end of July.

Innes said the outage had contributed to a major draw in U.S. crude oil inventories.

The American Petroleum Institute (API) on Tuesday reported a 9.2 million barrel reduction in U.S. crude inventories in the week to June 22 to 421.4 million barrels.

Trying to make up for disrupted supply, the Organization of the Petroleum Exporting Countries (OPEC) and a group of non-OPEC partners including top producer OPEC said late last week they would increase output.

Top exporter and de-facto OPEC leader Saudi Arabia plans to pump up to 11 million bpd in July, the highest in its history, up from about 10.8 million bpd in June, an industry source familiar with Saudi oil production plans told Reuters on Tuesday.

"The OPEC+ agreement to elevate output still leaves production restraints in place, limiting the market's ability to rebuild inventories while decreasing spare production capacity," said French bank BNP Paribas.

It also said rising U.S. oil production could be prevented from being exported until pipeline capacity was expanded next year.

"Considering significant future supply losses faced by Iran (under U.S. sanctions) and supply risks in Venezuela and Libya ... oil fundamentals still remain favourable for oil prices to rise over the next 6 months despite the OPEC+ decision," BNP said.

Best services for customers with full technical support make your Financial Trading more easy click here to subscribe us for free >> Nifty Market Tips

Summary

BUY ZINC ABOVE 214 TGT 215 /217 SL BELOW 212

PIVOT TABLES

SCRIP	S2	S1	R1	R2	STRATEGY
GOLD	28990	29110	29290	29360	BUY ON DIPS
SILVER	38700	38990	39450	39650	BUY ON DIPS
CRUDE OIL	3880	3900	3940	3970	BUY ON DIPS

Energy

Oil prices hold near 2015 highs, but doubts over rally emerge

Oil prices held firm on Friday, with Brent crude up by more than 10 percent from its December lows on the back of political tensions in OPEC-member Iran and a tightening U.S. market.

Bullions

Gold Gains In Asia As Investors Look To US Nonfarm Payrolls

Gold prices rose in Asia on Friday with US nonfarm payrolls key for the precious metal and a reading of 190,000 new jobs added in December expected today.

Currency

Upbeat Economic Data Fails To Rescue Dollar, EUR/USD Nears 3-Year High

The dollar continued to languish at there-month lows on Thursday as an upbeat labor market report failed spark a rebound in the greenback.

Base Metals

London zinc prices ease after rally on supply concerns

London zinc eased on Friday as some investors took profits after overnight prices touched their highest in over a decade due to supply concerns

AgriCommodity

Buying support lifts soya

Despite weak global cues, majority of oils and oil seeds have edged higher in the past one week on scattered demand and buying support.

Mixed trend in sugar

Sugar prices at Vashi

DISCLAIMER

The information and views in this report ,our website & all the service we provide are believed to be realize , but we do not accept any responsibility for errors of fact or opinion . User shave the right to choose the products that suits them the most .Sincere efforts have been made to present the rights investment perspective. The information contained here in is based on analysis and up on sources that we consider reliable.

Daily update more report >>Ripples Advisory 

Here are some investment ideas from stock market join this official LINKEDIN page. https://www.linkedin.com/in/ripples-advisory-pvt-ltd-0a5213101/ And Join the best Official site Click Here

brand new week of Bull's Eye. It's the popular game show where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.

This week, Vishal Malkan, Pankaj Jain, and Ruchit Jain battle it out for top honors.

Buy Bata India with a stop loss at Rs 728 and target of Rs 795

Buy Jain Irrigation with a stop loss at Rs 110 and target of Rs 120

Buy Apollo Tyres with a stop loss at Rs 249 and target of Rs 275

Buy Hexaware Technologies with a stop loss at Rs 319 and target of Rs 355

Best offer And updates Share market News click Here Ripples Advisory & More Details Call Now 9644405056

LIC books Rs 13,500cr trading profit in April-September period says report

Life Insurance Corporation of India (LIC), the country’s largest institutional investor, has booked a trading profit of at least Rs 13,500 crore from the sale of equity holdings in the first half of the current financial year, as stocks scaled record highs, The figure marked a 23.8% increase over the Rs 10,900 crore in trading profit that LIC earned in April-September 2016 through investment redemptions, sources said.

Since the start of the financial year on April 1, the BSE’s benchmark Sensex index has gained around 13.5% as investors shrugged off an unsettling transition to the Goods & Service Tax (GST) and a delayed corporate earnings recovery, choosing instead to bet on India’s long-term growth potential. As households shifted their savings into financial instruments from traditional avenues such as real estate and gold, domestic mutual funds and insurance companies pumped Rs 61,559 crore into Indian stocks during April-September.

Ashok Leyland stake in Optare Plc increases to 98.31% from 75.11% post-conversion of the loan into equity.

Hindustan Unilever to lower prices of some products on GST cut.

Sun Pharmaceutical to recall Riomet drug due to microbial contamination.

Adani stocks in focus as Labor party closes in on the majority in Queensland, as per media reports.

MMTC seeks bids from suppliers to import 2,000-ton onions.

Autoline Industries says the unit of the co received environmental clearance for its township project in Pune.

Great Eastern Shipping says GDR delisted from Euro MTF Market of Luxembourg stock exchange.

Read More Stocks

Ripples Advisory, Indore

More Info Call On- 9644405056

Best Job Detail And Official News Page>>> Read More Ripples Advisory

Last Week, Realty sector was on top. Purvankara, Nila Infrastructure, Kolte Patil and Ajmera Realty were among best-performing stocks in the sector. Infra stocks also performed well last week. Ashoka Buildcon, J Kumar Infra, JMC Project were among the top stocks.

Credit rating agency Standard and Poor’s (S&P) on Friday kept its India rating unchanged at BBB-, with a stable outlook.

On Friday, Nifty opened at 10367 and closed at 10390 after making a low of 10362. Smallcap Index opened at 8650 and closed at 8644 after making a low of 8634.

Nifty Future is opening gap-down by 33 points against yesterday close of 10417 as indicated by SGX Nifty which is currently trading at 10384.

Last Week Sector Performance

Top performing Smallcap stocks from performing sectors of Last Week

Great Offers In Stock Market, Best Official & Great Page Click Here.  >>> Ripples Advisory <<<

In the previous week starting from November 20, 2017- November 24, 2017, Indian markets closed on positive note. Speculation about  Federal Reserve policymakers will increase the interest rate in the near term, aggressive buying from DII’s  are some of the reason that has kept the Indian markets in green. Nifty and Sensex closed at 10,389.7 and 33,679.2 levels respectively up 0.9% and 1% respectively. However, there are some stocks that have gained nearly or more than 5% in the same period on BSE 200.

Ace Equity <<<

Gujarat Pipavav Port Ltd <<<

Gujarat Pipava stock gained ~16% in the same period as Maersk Line has revised two of its services which would improve the annual container throughput of the company.

Reliance Communications Ltd <<<

The share of the company surged ~12% in the previous week as Rcom lenders have given nod to the sale of its real estates in Delhi and Chennai to Canadian based asset management firm  Brookfield.

GMR Infrastructure Ltd <<<

The stock price of GMR Infra rose ~8% from Rs17.2 on November 20, 2017- to Rs18.6 November 24, 2017, while BSE power Index gained 1.4% in the same period.

Apollo Hospitals Enterprise Ltd <<<

The share price of Apollo Hospitals rose ~8% from Rs1,058 on November 20, 2017- to Rs1,143 November 24, 2017, while BSE Healthcare Index gained 2% in the same period.

India consumes 48% of the world’s whiskey. It is the fastest-growing market and the largest producer of the spirit. But what exactly are we making and drinking?

When the Kenyan chef-restaurateur Kiran Jethwa visited India earlier this year to shoot Spirited Traveller, a show aired on Fox Life that discovers a country through its favourite beverages, he made Fried Whisky Ice Cream—chocolate ice cream flavoured with whisky, oranges, and pistachio, dipped in jalebi batter, deep-fried and served with sugar syrup—for the Delhi episode. “I was told that people in Delhi love whiskey and fried food,” Jethwa said. “So here’s my tribute to that spirit.”

Whisky is decidedly the spirit of choice in India—we consume almost half the whiskey produced worldwide. From the cheapest Indian-made foreign liquor (IMFL) variant—whisky makes for almost 90% of IMFL—to limited-edition single-malt Scotch, people are drinking more whisky today than ever, spending anywhere between Rs50 per 25ml peg for a McDowell’s at a Paharganj bar in Delhi to Rs1,500 for a small Johnnie Walker Blue Label at a five-star hotel. While gin is going through something of a resurgence, it is still whiskey that racks up the numbers, with a more-than-healthy lead over every other alcoholic beverage.

“Though the entire alcobev (alcoholic beverage) industry has grown steadily over the last decade, whiskey is the flag-bearer in India,” says Thrivikram G. Nikam, executive director at Bengaluru-based Amrut Distilleries Pvt. Ltd. Part of the growth is because whiskey has gone through an image makeover. It is not considered an old man’s drink anymore. Just like James Bond single-handedly legitimized the vodka martini and Carrie Bradshaw made Cosmopolitan the drink of choice for young women, Don Draper has made the Old Fashioned sexy again in the 21st century.

Best Job Detail And Official News Page>>> 

Read More Ripples Advisory

Great Offers In Stock Market, Best Official & Great Page Click Here >> Ripples Advisory

A second stock connection with mainland China, which opened late last year has allowed even more money to flow onto the semi-autonomous city's exchange.

China's social media and video game giant Tencent overtook Facebook in market value on Tuesday as investors sent the company's shares soaring to the top five list of the world's biggest firms. Tencent's shares, traded in Hong Kong, have doubled in value this year as the tech company's earnings have repeatedly outmatched analysts' expectations.

A second stock connection with mainland China, which opened late last year has allowed even more money to flow onto the semi-autonomous city's exchange.

By Tuesday afternoon, Tencent's market capitalization had reached 4.15 trillion Hong Kong dollars ($531 billion), surpassing the US social network's $519 billion. 

The market movement made China's Tencent one of the world's top five most valuable companies, although it is still far short of leader Apple which is currently valued at $873 billion.

India's largest stock exchange National Stock Exchange of India Limited's (NSE) SME platform, NSE EMERGE, witnessed its 100th SME IPO listing on Monday. ANI Integrated Services Limited debuted on the NSE EMERGE platform. "NSE has been focused on developing an ecosystem for the financial markets where the Indian corporations can chart their growth stories," the stock exchange said in a statement.

Till date, 100 SME companies are listed on the EMERGE platform and the companies have raised more than Rs. 1,400 crore of capital using the equity fundraising mechanism. These companies are from various sectors like consumer goods, textiles, pharma, fertilizers, services and information technology.

Free Trial....

Hello Traders!!! Grab This Offer As Soon As Possible

Ripples Advisory provides 2 Days free Trial In All Segments Equity, Commodity And Forex. Just Go To Link And Just Register Yourself here.

Here are some investment ideas from stock market join this official LINKEDIN page. & Join the best Official site Click Here >>> Ripples Advisory

SGX Nifty indicating a positive opening for the Indian markets.

Global markets

Asian markets are zooming higher backed by strong global cues.

Hong Kong’s Hang Seng index breaks the important level of 30,000 in its opening while all the other indices are trading near day’s high with the Nikkei up 0.77%, Shanghai Composite up 0.7%.

US: Markets witnessed a stellar rally in yesterday’s trade with all the major indices ending the day on a positive note.

The Dow climbed up 160 points to 23,590 levels, the Nasdaq edged up 72 points or 1.05% to 6,862.48.

Europe also managed to close in the green yesterday with FTSE up 0.30%, CAC up 0.48%, DAX up 0.83%.

Best Job Detail And Official News Page>>> Read More Ripples Advisory

Market Outlook:

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

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.Small cap 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.

Sector Performance on 21st Nov