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In the quarter ended March 2017, Adani Power Ltd reported net loss if Rs. 4,960 crore against profit of Rs. 1,012 crore.Shares of Adani Power jumped as much as 2 per cent to hit intraday high of Rs. 27.50 after the company post market hours on Thursday informed stock exchanges that its board of directors will meet on June 6 to discuss slump sale of its Mundra Power Generating Business Undertaking to its subsidiary company. Adani Power in a notification to exchanges said, "the Board of Directors of the Company is scheduled to be held on 6th June, 2017 to consider and evaluate, among others, the Slump Sale of its Mundra Power Generating Business Undertaking to its subsidiary company, namely, Adani Power (Mundra) Limited. " Slump Sale is a transfer of one or more undertakings of an entity for a lump sum consideration, without values being assigned to the individual assets of the entity.  In the quarter ended March 2017, Adani Power Ltd reported net loss if Rs. 4,960 cr...

The INDIA VIX is higher by close to 4.5% at 11.7. BSE Sensex is trading at 30410 down 160 points, while NSE Nifty is trading at 9392 down 45 points.Tata Motors is trading higher by around 1.2% at Rs 455 per share. The stock is trading cautious ahead of its Q4 earnings announcement. The market expects fairly weak earnings as the company is said to be hit by the BS-III vehicle ban. The Nifty Auto index is trading higher by 0.44% at 10384 levels. Maruti still holds the top position in the index trading higher by around 2.2% at Rs 6849 per share. The other auto stocks like Eicher Motors, M&M, Hero MotoCorp and Amara Raja Batteries are also trading in positive zone. There were 191 advances, 1419 declines and 340 unchanged stocks on NSE reflecting strong negative undertone in the market.At 12 PM, the S&P BSE Sensex is trading at 30410 down 160 points, while NSE Nifty is trading at 9392 down 45 points. A total of 14 stocks registered a fresh 52-week high in trade today, ...

नॉन परफार्मिंग आसेट ( एनपीए ) की समस् ‍ या के बाद भी पिछले कुछ समय से बैंकों के शेयरों में तेजी बनी हुई है। इससे म् ‍ युचुअल फंड की बैंक फोकस स् ‍ कीम् ‍ स का रिटर्न पिछले एक साल में 62 फीसदी से ज् ‍ यादा का हो गया है। जानकारों की राय है सरकार ने एनपीए की समस् ‍ या से निपटने के लिए कड़े फैसले लिए है। इससे बैंकिंग क्षेत्र को फायदा होगा , जिससे बैंकिंग शेयरों में तेजी बनी रह सकती है। ऐसे में अगर कोई बैंकिंग फोकस म् ‍ युचुअल फंड स् ‍ कीम् ‍ स में इनवेस्टिड रहता है , तो उसे आगे अच् ‍ छा रिटर्न मिल सकता है। हालांकि निवेशकों को 62 फीसदी जैसे रिटर्न की आशा नहीं रखनी चाहिए।   बैंकिंग सेक्टर में जारी रहेगा तेजी का दौर शेयरखान में वाइस प्रेसीडेंट मृदुल कुमार वर्मा का मानना है कि एक तो बैंकिंग सेक्टर का एनपीए काबू में आता लग रहा है। इसके अलावा सरकार की सख्ती बैंकों को इस मुद्दे को डील करने के लिए और ताकत देगी। इससे बैंकिंग सेक्टर निवेश ...

In an interview with Nikunj Dalmia and Ayesha Faridi of ET Now, Nilesh Shah, MD, Kotak AMC, points out that today India is in a sweet spot and people are positive India on a top-down basis. All they need is an anchor to pick up stocks on a bottom-up basis. Just a little amazed with the way realty has been moving. It has been a great performer all of last year and it continues to be so. Do you have conviction in real estate and for someone who has completely missed out on the rally, is there still time to jump in and hop on to the bus? When you come down from100 to 10, it is a drop of 90% and then you climb from 10 to 20, it is a gain of 100%. But you are still down 80% from the top. Probably something similar is happening in real estate stocks. There was a time when only one real estate company’s market cap in 2008 was bigger than entire pharma sector’s valuation. Today the tide has reversed. Just one pharma company’s valuation is bigger than entire real estate sector put togethe...

Key Indian fairness market indices opened in the inexperienced on Friday following mixed international cues. The 30-scrip delicate Index (Sensex) used to be buying and selling forty two.74 points or 0.15 per cent larger right through the early session. the broader fifty one-scrip Nifty of the national inventory alternate (NSE) was also buying and selling 12.45 points or 0.14 per cent higher at 9,098.75 factors. The BSE Sensex, which opened at 29,350.60 factors, used to be buying and selling at 29,374.ninety points (at 9.sixteen a.m.) within the early session, better forty two.74 factors or 0.15 per cent from the previous day's shut at 29,332.sixteen points. The Sensex touched a high of 29,404.70 points and a low of 29,350.17 factors within the exchange up to now. VISIT - Profit Street