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नई दिल्ली। वस्तु एवं सेवा कर (जीएसटी) लागू होने से कुछ दिन पहले केंद्र सरकार ने जीएसटी कानून की कई धाराओं और नियमों की अधिसूचना जारी कर दी है।इन नियमों के तहत परोक्ष करों के मौजूदा असेसी को जीएसटी के लिए पंजीकरण कराना अनिवार्य होगा। देश में जीएसटी को एक जुलाई से लागू किया जा रहा है।इसके प्रभाव में आने के बाद केंद्रीय उत्पाद शुल्क, सेवा कर और राज्यों के वैट जैसे कई परोक्ष कर समाप्त हो जाएंगे। वित्त मंत्रालय ने जीएसटी कानून की 18 धाराओं को अधिसूचित कर दिया है। ये धाराएं केंद्रीय उत्पाद शुल्क, सेवा कर और वैट के मौजूदा असेसी के जीएसटी में पंजीकरण तथा ट्रांजिशनल रूल्स से संबंधित हैं।केंद्रीय उत्पाद एवं सीमा शुल्क बोर्ड ने पंजीकरण और कंपोजीशन लेवी से संबंधित दो नियमों को भी जारी कर दिया है। सभी अधिसूचनाएं 22 जून से प्रभावी होंगी।सालाना 20 लाख रुपये से अधिक का कारोबार करने वाले प्रत्येक व्यापारी या कंपनी को जीएसटी के लिए पंजीकरण कराना होगा।जीएसटी के लिए पंजीकरण होने से कारोबारियों को बिना किसी परेशानी के इनपुट टैक्स क्रेडिट मिल सकेगा। सरकार ने जीएसटी के कॉमन पोर्टल को भी अध...

Mumbai: Stock markets came off their peak and turned weak early Monday on emergence of profit-booking after recent rally amid mixed Asian cues.The 30-share Sensex, which had gained 135.70 points to close at record high at 31,273.29 on Friday's trade, slipped by 40.64 points, or 0.12 percent, to 31,232.65 with sectoral indices like FMCG, Metal and IT trading in the negative zone, falling by up to 0.27 percent. On similar lines, the NSE Nifty retreated from life-time high as it succumbed to profit-booking to quote 11.75 points lower, or 0.12 percent, at 9,641.75. It had closed at an all-time high of 9,653.50 on Friday.Brokers said that the emergence of profit booking by participants at record levels amid mixed trend at other Asian bourses kept sentiments down. A lacklustre US jobs report and London terrorist attack on Sunday also weighed on the sentiments. Among Sensex-30 constituents, major losers were ITC, Coal India, Lupin, Wipro, HDFC Ltd and HDFC Bank, falling by up to...

Brokerage: Morgan Stanley | Rating: Overweight | Target: Rs 242 The global research firm said that the company’s Q4 beat and new launches will drive growth going forward. It observed that it has a balanced portfolio of rental and development projects with good scale up potentials. The margin too is expanding on the back of cost reductions and sales recovery, but the debt may increase marginally to 1.15 times from 1.11 times in FY17. Key risks to the stock include blocked capital in hotel assets and stretched balance sheet. Brokerage: CLSA | Rating: Buy | Target: Rs 318 The brokerage observed that the company’s results were above estimates on better revenues. It said that the leasing build-out was steady and expects 20 percent lease income growth in FY18. Furthermore, it said that restructuring was nearing completion stage as well. United Spirits Brokerage: Macquarie | Rating: Underperform | Target: Rs 1,600 The brokerage firm observed that March quarter’s gros...

With the markets soaring to record highs yet again on Wednesday, India is now the world’s most expensive market. At a lifetime high of 30,658.77, the benchmark Sensex trades at a price-earnings multiple of nearly 18 times estimated one year forward earnings. India’s market capitalisation hit $2 trillion on Wednesday for the first time ever. The S&P 500, which closed Tuesday’s session at 2,400.67, is a shade less expensive than India, trading at 17.60 times, while the Japanese Nikkei, at 19,814.88, trades at 17.1 times. Both foreign portfolio investors and domestic institutions have been big buyers of Indian equities in 2017; between January and now, FPIs have pumped in close to $6.8 billion into equities while domestic funds have bought stocks worth $1.82 billion. Strategists at Macquarie Research observed, the brokerage’s overweight stance on India was not predicated on expectation of an accelerated pay-off from structural reforms or rapidly rising fixed investment and mor...

On May 12, 2017 Merrill Lynch Markets Singapore Pte bought 27,50,000 shares of Indiabulls Ventures at Rs 149.99 on the BSE.On Friday, Indiabulls Ventures ended at Rs 142.35, down Re 1, or 0.70 percent on the BSE. It has touched a 52-week high of Rs 150.50. The company’s trailing 12-month (TTM) EPS was at Rs 1.20 per share. (Mar, 2017). The stock’s price-to-earnings (P/E) ratio was 118.63. The latest book value of the company is Rs 5.65 per share. At current value, the price-to-book value of the company was 25.19. The dividend yield of the company was 2.1 percent. Contact us: - +91-9913158794 Or visit:- http://www.profitstreet.in/ Mail us at:-  info@profitstreet.in

Benchmark indices were off the day’s high points as investors could have looked to book profits after the bumper rally seen on Wednesday.The Sensex was down 48.66 points at 30202.32, while the Nifty was down 21.60 points at 9400.80. The market breadth was in favour of declines as 772 shares advanced against a fall of 1,516 shares, while 125 shares were unchanged. Asian Paints, GAIL and Zee Entertainment lost the most, while Infosys and Hero MotoCorp were the top gainers. Website:- http://www.profitstreet.in/ Whatsup No. +91 9913158794 Email- info@profitstreet.in

3.30 pm: Sensex closed at 30,256.65, surging 323.40 points (1.08%) Nifty50 closed at 9,409.85, 93.00 points higher (1.00%) Major movers today were fertilizer and FMCG stocks on the back of news of a good monsoon. Airtel added 7.96 per cent to the BSE. Hindustan Unilever gained as much as 4.32 per cent. 3.10 pm: Indian benchmark indices held on to their gains throughout the day hit new highs including the Nifty touching the 9,400-mark for the first time. Market rally can be credited to IMD's new monsoon forecast raised prospects of higher agricultural and economic growth, cheering the investors. India is likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the weather office said on Tuesday. Sentiment was also lifter by Asian stocks, which edged higher for a third consecutive day, as investors focused on strong corporate earnings and the dollar gave back some of its recent g...

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...

The INDIA VIX is down 1.5% at 11.3. The S&P BSE Sensex is trading at 30,114 up 219 points while NSE Nifty is trading at 9350 up 38 points.the BSE Auto index is the top losing index post lunch hours on BSE. It is trading 0.56% down at 22,768.The stock of Tata Motors is contributing to the index losses and dragging it to lower levels. It is trading down 1.9% at Rs 437 on BSE. Other stock such as Bharat Forge is trading down by 2.8% at Rs 1116, Eicher Motors is down by 1% at Rs 25,635 and Mahindra & Mahindra is down by 0.7% at Rs 1337.The Exide Industries is trading 4.9% up at Rs 233 in the BSE Auto index.Other buzzing stocks of the day are ITC, ICICI Bank, TIL and Sudarshan Chemical Industries which are trading in green. Fertiliser stocks such as FACT, NFL, RCF and Coromandel International also surged.At 3 PM, the S&P BSE Sensex is trading at 30,114 up 219 points while NSE Nifty is trading at 9350 up 38 points. A total of 122 stocks registered a fresh 52-week hig...

The Securities and alternate Board of India (Sebi) on Thursday stated stock exchanges running in global financial services centres (IFSCs) may allow dealing in fairness derivatives. "in line with the recommendations of the risk administration review Committee of SEBI, it has been decided to specify derivatives on equity shares of an organization integrated in India as permissible safety," the market regulator's round mentioned. "...the known inventory exchanges operating in IFSCs may allow dealing in derivatives on fairness shares, topic to prior approval of Sebi," it brought. in line with the round, the Market large position restrict (MWPL) for "derivatives on fairness shares" will probably be equal to 10 per cent of the collection of shares held through non-promoters within the related underlying safety (free-go with the flow conserving). further, the MWPL for "derivatives on equity shares" in regarded inventory exchanges ...