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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...

Indian shares edged higher on Tuesday after a flat opening. The Sensex gained nearly 75 points while Nifty added nearly 20 points to reach 9,636.85. Meanwhile, Asian shares mostly rebounded on Tuesday despite a further slide in U.S. tech shares. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, recouping about half of the previous session's losses as regional tech shares regained their composure. Overnight, tech giants including Apple, Alphabet, Facebook and Microsoft were sold for the second consecutive day on Monday dragging the Nasdaq 0.5 per cent lower.  Buy Rural Electrification Corporation at current market price for a target of Rs. 202 with stop loss at Rs. 188. Buy BEML at current market price for target of Rs. 1,350 and stop loss of Rs. 1,275 Contact us: - +91-9913158794 Or visit:- http://www.profitstreet.in/ Mail us at:-  info@profitstreet.in

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...

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...

The Videocon Industries stock is on a downward slide during the last three days over bad loan worries.State lender Dena Bank recently announced that it had classified Videocon's loan to Rs 520 crore as a non-performing asset. Dena Bank is the first lender to classify Videocon in bad loan category. On December 2015, the firm had a total debt of Rs 47,554 crore.  The firm will announce its earnings for Q4 on May 26, 2017. The stock has lost 42 percent in the last three trading days. It opened at around 100 level on Monday. At 11:21 am today, the stock was trading at a fresh 52-week low of Rs 58.35 level on the BSE. The firm in a statement to BSE said move by Dena Bank "has resulted into some negative publicity of the company and, accordingly, impacted its stock price . We believe that the recent crash on the stock price of the company could be due to the said classification of Videocon's loan as NPA by Dena Bank.  We are not aware of any other information which coul...

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, ...

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...

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...