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RBI Future Is Now In Urjit Patel Hands As A New RBI Governor

Finishing months of hypothesis, the legislature on Saturday declared Urjit Patel as the legislative head of the Reserve Bank of India. Patel, 52, at this time one of the four agent governors at the RBI. Initially selected on 11 January 2013 as a delegate senator to supplant Subir Gokarn, he was reappointed in January 2016 for an additional three years. He has run the national bank’s financial arrangement division since 2013 and has worked intimately with Raghuram Rajan amid his spell at the national bank. As indicated by a profile…

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The Nifty ended below 7450 and closes at 7437.75

By: Sumit Tiwari Ahead of January F&O expiry and US Fed meet outcome. Nifty 50 top gainers for today: NTPC, POWERGRID, DRREADY, IDEA, PNB. Nifty 50 top losers for today: BHEL, AMBUJACEMENT, ASIANPAINTS, HEROMOTOCO. Commodity News: Gold price near 12 week top as US dollar slips ahead of US Fed statement. There is bit excitement seen in the market because of good qualities of IPO, like Vodafone, Go Airways etc. The latest upcoming IPO is Teamlease, his IPO is coming in first week of feb, as per researchers it’s a…

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Nifty closed at 7436 in green 13.70 Up

By: Sumit Tiwari Nifty closed at 7436 in green 13.70 up on global cues, and Moody’s poll created selling pressure in market according to them the greatest challenge for Indian market is interest hike in US, slowdown in china, and risk is raised since last year. Nifty 50 Gainers for today are CAIRNS, TATSTEEL, SUNPHARMA, ICICIBANK, AMBUJA CEMENT. NIFTY 50 losers for todays are L&T, GAIL, HEROMOTOCORP, TATAMOTORS, ADANIPORTS. Result of the day stock is HDFC Bank Q3 net rises 20% to Rs3357 crore up.

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Nifty has closed at 7276.80 negative 32.50 from previous day closing on weak global cues.

By: Sumit Tiwari The BSE sensex was closed at 23962.21 negative 99.83 point,for the first time since may 2014. AXISBANK, ULTRACEMCO, AMBUJACEM, BANKBARODA, TATASTEEL, SBIN, INFY were top gainers while TATAMOTORS, MARUTI, DRREADY, ONGC, COALINDIA were losers in Nifty. Result of the day stock is Idea cellular,and one more biggest news is SoftBank invest Rs 100 crore more in Housing.com.

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NSE Nifty and BSE Sensex closed whit positive mood

The NSE Nifty and BSE Sensex closed in positive today By: Sumit Tiwari Nifty 50 plus 84.10 points or 1.14 ercent closes at 7435.10 and BSE fell 291.47points closed at 24479.84 Among National stock exchange top gainers are  Axis Bank, Adaniports,Idea,Tatamotors,,Yes Bank and top losers are M$M,Powergrid,Maruti,Techm,Wipro. Result of day stock is HCL Tech Q2 net up 11% to Rs 1920cr.

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