● Fiscal Deficit Likely at 3.5% of GDP; Actual Receipts Lower than Revised Estimates
● Weaker-than-estimated Revenue Receipts, Change in Direct and LTCG Tax Unlikely
● Non-tax Revenue may Increase; Disinvestment Target Could be Increased to Rs. 900B
● Fiscal Stimulus Likely to Remain, as GDP Estimates Weaken Continue reading “Budget 2019 : Key Expectations From FY20 Budget”
Today’s Action
Nifty, +0.1%; Sensex, +0.1%; Model Portfolio, -0.04%; Nifty Midcap, +0.4%; Smallcap, +0.4%
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : PSU Bank and Realty Stocks Lead; Indiabulls Housing to Buyback NCDs and Masala Bonds”
Today’s Action
Nifty, +0.4%; Sensex, +0.3%; Model Portfolio, +0.1%; Nifty Midcap, +0.4%; Smallcap, -0.1%
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : IT and Metal Stocks Shine; ONGC Signs Pact with Indian Oil”
Today’s Action
Nifty, +0.7%; Sensex, +0.7%; Model Portfolio, +0.3%; Nifty Midcap, +0.2%; Smallcap, +0.6%
Daily Market Review
Market Status: Confirmed Uptrend Continue reading “Daily Big Picture : Nifty Retakes 21-DMA; June Auto Sales Lower”
At the ongoing cricket world cup, a team’s captain would want players that have proven themselves on the international stage and in different playing conditions. Investors should view stocks in a similar manner before fully investing. Continue reading “Learning Article : Don’t Invest Fully In Stocks In One Go; Make A Profit First”
