Friday, December 14, 2018
Sensex ends 150 points up, Nifty below 10,800; Yes Bank down 6%, PC Jeweller zooms 14%
Sensex ends 150 points up, Nifty below 10,800; Yes Bank down 6%, PC Jeweller zooms 14%: Share Market Highlights: Sensex, Nifty, Indian Rupee vs US Dollar, Latest Stock Market News, NSE, BSE
Thursday, December 13, 2018
Blog Default | #1 SEBI Registered Stock Tips Advisory
Blog Default | #1 SEBI Registered Stock Tips Advisory: The Sensex ended Thursday’s session higher, but could not hold on to the morning gains completely. Sensex closed the session 150,57 pts higher to 35,929.64, while the Nifty 50 closed below the psychological 10,800-level. PC Jeweller share price rocketed 14% in the afternoon trade. Sun Pharma share price slumped 3% after SEBI Chairman Ajay Tyagi
Wednesday, December 12, 2018
Sensex closes up 600 points, Nifty reclaims 10,700; Hero Motocorp, Yes Bank top stocks
Sensex closes up 600 points, Nifty reclaims 10,700; Hero Motocorp, Yes Bank top stocks: Share market HIGHLIGHTS: Sensex closes up 600 points, Nifty reclaims 10,700; Hero Motocorp, Yes Bank top stocks
Sensex ends 190 pts up, Nifty above 10,550 on state election trend swings
Sensex ends 190 pts up, Nifty above 10,550 on state election trend swings: Share market Highlights: Sensex ends 190 pts up, Nifty above 10,550 on state election trend swings
Monday, December 10, 2018
Sensex ends 714 pts down, Nifty below 10,500; Kotak Mahindra Bank shares plunge 7%
Sensex ends 714 pts down, Nifty below 10,500; Kotak Mahindra Bank shares plunge 7%: Share market Highlights: Sensex ends 714 pts down, Nifty below 10,500; Kotak Mahindra Bank shares plunge 7%
Tuesday, December 4, 2018
Sensex snaps 6-day gaining streak, slips 107 pts; Nifty at 10,870
Sensex snaps 6-day gaining streak, slips 107 pts; Nifty at 10,870: Share market HIGHLIGHTS: Sensex snaps 6-day gaining streak, slips 107 pts; Nifty at 10,870; BPCL, ONGC up 2%
Thursday, November 29, 2018
Terrific Thursday! Sensex surges 453 pts; Nifty ends above 10,850 on F
Terrific Thursday! Sensex surges 453 pts; Nifty ends above 10,850 on F: Share market HIGHLIGHTS: Terrific Thursday! Sensex surges 453 pts; Nifty ends above 10,850 on F
Wednesday, November 28, 2018
Share market HIGHLIGHTS: Sensex jumps 204 pts, Nifty ends above 10,700; Yes Bank cracks 12%; IT stocks gain
Share market HIGHLIGHTS: Sensex jumps 204 pts, Nifty ends above 10,700; Yes Bank cracks 12%; IT stocks gain: Share market HIGHLIGHTS: Sensex jumps 204 pts, Nifty ends above 10,700; Yes Bank cracks 12%; IT stocks gain
Tuesday, November 27, 2018
Sensex, Nifty end higher for 2-days straight; Infy, TCS gain 2%; Yes Bank slips 2.5% | #1 SEBI Registered Stock Tips Advisory
Sensex, Nifty end higher for 2-days straight; Infy, TCS gain 2%; Yes Bank slips 2.5% | #1 SEBI Registered Stock Tips Advisory: Buoyed by healthy buying in index heavyweights like Infosys, Tata Consultancy Services, IndusInd Bank, Maruti Suzuki and SBI, among others, the Sensex and Nifty gained for the second consecutive day, despite weak global cues and depreciation in the rupee. According to market observers, some caution prevailed ahead of derivatives expiry and the release of India’s gross domestic product data
Monday, November 26, 2018
Fantastic Monday! Sensex ends 373 pts higher, Nifty up 1%; Hero MotoCorp jumps 6%
Fantastic Monday! Sensex ends 373 pts higher, Nifty up 1%; Hero MotoCorp jumps 6%: Share market HIGHLIGHTS: Fantastic Monday! Sensex ends 373 pts higher, Nifty up 1%; Hero MotoCorp jumps 6%
Wednesday, November 21, 2018
Sensex sheds 275 pts, Nifty holds 10,600; TCS, Infosys top losers; Yes Bank up 3%
Sensex sheds 275 pts, Nifty holds 10,600; TCS, Infosys top losers; Yes Bank up 3%: Sensex sheds 275 pts, Nifty holds 10,600; TCS, Infosys top losers; Yes Bank up 3%
Tuesday, November 20, 2018
Sensex ends 300 points down, Nifty near 10,650; ICICI Bank, RIL among top drags
Sensex ends 300 points down, Nifty near 10,650; ICICI Bank, RIL among top drags: Share market HIGHLIGHTS: Sensex ends 300 points down, Nifty near 10,650; ICICI Bank, RIL among top drags-Ace Investment Advisory
Monday, November 19, 2018
Sensex jumps 318 pts, Nifty ends above 10,750; RIL, ITC top index contributors
Sensex jumps 318 pts, Nifty ends above 10,750; RIL, ITC top index contributors: Sensex jumps 318 pts, Nifty ends above 10,750; RIL, ITC top index contributors- Best investment advisory services in India
Friday, November 16, 2018
Sensex closes 196 points higher, Nifty above 10,650; Bharti Airtel zooms 10%
Sensex closes 196 points higher, Nifty above 10,650; Bharti Airtel zooms 10%: Sensex closes 196 points higher, Nifty above 10,650; Bharti Airtel zooms 10% Best stock adviser in India Ace Investment Advisory
Thursday, November 15, 2018
Sensex ends 119 pts up, Nifty at 10,617; Jet Airways surges 25%, Yes Bank cracks 7%
Sensex ends 119 pts up, Nifty at 10,617; Jet Airways surges 25%, Yes Bank cracks 7%: A strong rupee, along with positive Asian markets and healthy buying in financials, realty, metals, and auto stocks, pushed the Sensex and Nifty higher
Friday, November 2, 2018
Share market HIGHLIGHTS: Sensex ends 579 points higher, Nifty races past 10,550; Maruti Suzuki zooms 7%
Share market HIGHLIGHTS: Sensex ends 579 points higher, Nifty races past 10,550; Maruti Suzuki zooms 7%: Share market HIGHLIGHTS: The domestic stock markets posted a robust rally on Friday, with the Sensex closing 579 points higher, and Nifty closing above the 10,500-mark.
Thursday, November 1, 2018
Market ends on lacklustre note, IT stocks drag; Sensex down 10 pts, Nifty at 10,380
Market ends on lacklustre note, IT stocks drag; Sensex down 10 pts, Nifty at 10,380: Sensex and Nifty closed Thursday's trade on a tepid note with heavy selling pressure observed in most IT, pharma and FMCG stocks. Yes Bank was the top gainer on both the NSE and BSE.
Wednesday, October 31, 2018
Strong rebound on D-Street! Sensex ends 550 pts up, Nifty at 10,387; HDFC up 6%
Strong rebound on D-Street! Sensex ends 550 pts up, Nifty at 10,387; HDFC up 6%: Sensex and Nifty made a sharp recovery in the afternoon trade deals on Wednesday and closed trade higher after the government highlighted the importance
Tuesday, October 30, 2018
Sensex closes 176 points down, Nifty below 10,200; RIL tanks 3%, financials plunge | Best SEBI Registered Investment adviser
Sensex closes 176 points down, Nifty below 10,200; RIL tanks 3%, financials plunge | Best SEBI Registered Investment adviser: Closing the heavily volatile session, the 30-share Sensex shed 176 points on Tuesday, while the broader Nifty ended below the 10,200-level. Sensex closed 176.2 points lower to 34,067.40, and the Nifty ended the Tuesday’s session at 10,198.40 amid a plunge in pharma and financial stocks, even as midcap and small cap stocks outperformed. Shares of Mukesh
Monday, October 29, 2018
Sensex soars 718 pts, Nifty ends at 10,250; ICICI Bank gains 11%, Tata Power up 13%
Sensex soars 718 pts, Nifty ends at 10,250; ICICI Bank gains 11%, Tata Power up 13%: Sensex and Nifty — the benchmark indices of the domestic equity markets — extended gains led by healthy buying in all sectors led by PSU banks, pharma, IT
Friday, October 26, 2018
Sensex ends 340 pts lower, Nifty near 10,000
Sensex ends 340 pts lower, Nifty near 10,000: In a volatile session witnessed on Friday, the 30-share Sensex closed 340 points lower led by viscious sell-off in heavyweights such as Yes Bank
Wednesday, October 24, 2018
Sensex ends 187 pts higher; Nifty above 10,200; Bharti Airtel up 10%
Sensex ends 187 pts higher; Nifty above 10,200; Bharti Airtel up 10%: Share market HIGHLIGHTS: Sensex ends 187 pts higher; Nifty above 10,200; Bharti Airtel up 10%- Best Investment Advisory in India
Tuesday, October 23, 2018
Sensex extends losses for 3rd straight day, Nifty ends below 10,150 as IT, pharma stocks drag
Sensex extends losses for 3rd straight day, Nifty ends below 10,150 as IT, pharma stocks drag: In the global markets, Asian shares slumped as a cocktail of negative drivers from Saudi Arabia’s diplomatic isolation to fresh worries about trade wars
Monday, October 22, 2018
Sensex closes 181 points lower, Nifty ends below 10,250; Reliance top index drag
Sensex closes 181 points lower, Nifty ends below 10,250; Reliance top index drag: Sensex and Nifty — the benchmark indices of the Indian stock markets — slipped into the negative territory during the last hour of trade, extending losses.
Wednesday, October 17, 2018
Share Market Highlights: Sensex ends 382 points lower, Nifty below 10,500
Share Market Highlights: Sensex ends 382 points lower, Nifty below 10,500: Share Market Highlights: Sensex ends 382 points lower, Nifty below 10,500; Yes Bank tanks 6.5%; NBFCs drag- Best Investment Advisory
Tuesday, October 16, 2018
Share market HIGHLIGHTS: Sensex closes nearly 300 points higher, Nifty ends at 10,585; banks lead rally
Share market HIGHLIGHTS: Sensex closes nearly 300 points higher, Nifty ends at 10,585; banks lead rally: Share market HIGHLIGHTS: Sensex closes nearly 300 points higher, Nifty ends at 10,585; banks lead rally- Best Sebi registered advisory
Monday, October 15, 2018
Share market HIGHLIGHTS: Sensex ends 132 points up; Nifty holds 10,500; Infosys gains 4% ahead of Q2 results | Best SEBI Registered Investment adviser
Share market HIGHLIGHTS: Sensex ends 132 points up; Nifty holds 10,500; Infosys gains 4% ahead of Q2 results | Best SEBI Registered Investment adviser: Share market HIGHLIGHTS: Sensex ends 132 points up; Nifty holds 10,500; Infosys gains 4% ahead of Q2 results
Friday, October 12, 2018
Fantastic Friday! Sensex, Nifty end 2% higher; post biggest one-day gain in two years
Fantastic Friday! Sensex, Nifty end 2% higher; post biggest one-day gain in two years: Fantastic Friday! Sensex, Nifty end 2% higher; post biggest one-day gain in two years- Ace Investment Advisory
Fantastic Friday! Sensex, Nifty end 2% higher; post biggest one-day gain in two years
Fantastic Friday! Sensex, Nifty end 2% higher; post biggest one-day gain in two years: Fantastic Friday! Sensex, Nifty end 2% higher; post biggest one-day gain in two years- Ace Investment Advisory
Thursday, October 11, 2018
BSE Sensex closed Thursday's trade nearly 760 points lower at 34,001.15 points, while the NSE Nifty ended 225 points lower
BSE Sensex closed Thursday's trade nearly 760 points lower at 34,001.15 points, while the NSE Nifty ended 225 points lower: The BSE Sensex closed Thursday's trade nearly 760 points lower at 34,001.15 points, while the NSE Nifty ended 225 points lower.
Wednesday, October 10, 2018
Share market highlights: Sensex closes 461 points higher as banking stocks gain; Nifty above 10,450
Share market highlights: Sensex closes 461 points higher as banking stocks gain; Nifty above 10,450: Share market highlights: Sensex closes 461 points higher as banking stocks gain; Nifty above 10,450-Ace Investment Advisory
Tuesday, October 9, 2018
Share market HIGHLIGHTS: Sensex falls 175 pts, Nifty ends at 10,301 as INR hits record low; auto, FMCG stocks drag | Best SEBI Registered Investment adviser
Share market HIGHLIGHTS: Sensex falls 175 pts, Nifty ends at 10,301 as INR hits record low; auto, FMCG stocks drag | Best SEBI Registered Investment adviser: The Sensex and Nifty closed Tuesday’s trade in the negative territory tracking weakness in the Indian rupee, along with higher crude prices and weak Asian markets. Heavy selling pressure in auto, FMCG, PSU banks and realty stocks, too, kept the domestic stock markets under pressure. The Indian rupee on Tuesday plunged to a fresh record low
Friday, October 5, 2018
Sensex ends 792 pts down, Nifty at 10,316; rupee hits 74/$ for 1st time as RBI holds rates | Best SEBI Registered Investment adviser
Sensex ends 792 pts down, Nifty at 10,316; rupee hits 74/$ for 1st time as RBI holds rates | Best SEBI Registered Investment adviser: The Sensex and Nifty posted their biggest weekly decline in over two years on Friday after, in a surprise move, the Reserve Bank of India (RBI) today kept the repo rate unchanged at 6.5%. The announcement sent the rupee diving below the 74/$ mark for the first time ever, while the stock market tumbled. The
Wednesday, October 3, 2018
Share market HIGHLIGHTS: Wednesday woes! Sensex ends below 36k, Nifty tanks 150 pts on massive sell-off; INR below 73/$ | Best SEBI Registered Investment adviser
Share market HIGHLIGHTS: Wednesday woes! Sensex ends below 36k, Nifty tanks 150 pts on massive sell-off; INR below 73/$ | Best SEBI Registered Investment adviser: Share market HIGHLIGHTS: Wednesday woes! Sensex ends below 36k, Nifty tanks 150 pts on massive sell-off; INR below 73/$- Ace Investment Advisory
Monday, October 1, 2018
Share market HIGHLIGHTS: D-Street gains on Monday; Sensex climbs 299 pts, Nifty ends at 11,008; Yes Bank up 9% | Best SEBI Registered Investment adviser
Share market HIGHLIGHTS: D-Street gains on Monday; Sensex climbs 299 pts, Nifty ends at 11,008; Yes Bank up 9% | Best SEBI Registered Investment adviser: Share market HIGHLIGHTS: Sensex and Nifty — the benchmark equity indices — closed October’s first trading day on a higher note, with the BSE Sensex closing 299 points, or 0.83%, higher at 36,526.14 points, and NSE Nifty ending at 11,008.30 points, up 77.85 points or 0.71% on Monday. A sharp recovery in financial stocks, and
Thursday, September 27, 2018
Share market highlights: Sensex ends 219 points lower, Nifty below 11,000; financials plunge
Share market highlights: Sensex ends 219 points lower, Nifty below 11,000; financials plunge: Share market highlights: Sensex ends 219 points lower, Nifty below 11,000; financials plunge-Ace Investment Advisory
Share market highlights: Sensex trims losses, closes 109 pts down; Nifty ends at 11,053; eyes on US Fed meet
Share market highlights: Sensex trims losses, closes 109 pts down; Nifty ends at 11,053; eyes on US Fed meet: Share market highlights: Sensex trims losses, closes 109 pts down; Nifty ends at 11,053; eyes on US Fed meet | Best SEBI Registered Investment adviser
Tuesday, September 25, 2018
Share market highlights: Sensex snaps 5-day losing streak, closes 347 points higher; Nifty ends at 11,067 | Best SEBI Registered Investment adviser
Share market highlights: Sensex snaps 5-day losing streak, closes 347 points higher; Nifty ends at 11,067 | Best SEBI Registered Investment adviser: Share market highlights: Sensex snaps 5-day losing streak, closes 347 points higher; Nifty ends at 11,067-Best Adviser in India
Monday, September 24, 2018
Stock market bloodbath continues! Sensex tanks 536 points, Nifty ends below 11,000; 5 key things to know
Stock market bloodbath continues! Sensex tanks 536 points, Nifty ends below 11,000; 5 key things to know: Stock market bloodbath continues! Sensex tanks 536 points, Nifty ends below 11,000; 5 key things to know- Ace Investment Advisory
Sunday, September 23, 2018
Nifty Weekly Strategy 24.09.2018 to 28.09.2018 Ace Investment Advisory
Nifty Weekly Strategy 24.09.2018 to 28.09.2018 Ace Investment Advisory: Nifty tanked heavily on weekly chart continuing the sell trend for the third weeks as well and closed at 11166.35.Nifty traded lower in the stress full week
Friday, September 21, 2018
Sell-off shakes Dalal Street! Sensex ends at 36,842 after kissing 35,994; Yes Bank dives 29%, DHFL dips 42%
Sell-off shakes Dalal Street! Sensex ends at 36,842 after kissing 35,994; Yes Bank dives 29%, DHFL dips 42%: Sell-off shakes Dalal Street! Sensex ends at 36,842 after kissing 35,994; Yes Bank dives 29%, DHFL dips 42%- Ace Investment Advisory
Sunday, September 16, 2018
Nifty Trading Levels for 17.09.2018 To 21.09.2018 | Ace Advisory
Nifty Trading Levels for 17.09.2018 To 21.09.2018 | Ace Advisory: The market declined last week amid broadly negative global cues due to heightened worries over international trade conflicts.
Friday, September 14, 2018
Sensex logs 373-point gain on macro data booster; all eyes on PM Modi’s economic review meet
Sensex logs 373-point gain on macro data booster; all eyes on PM Modi’s economic review meet: Indian stock markets (Sensex and Nifty) ended higher on Friday on the positive macro data, lower crude oil, weakness in US dollar
Wednesday, September 12, 2018
Sensex adds 305 points, Rupee jumps 100 paise vs USD on PM Modi review news, RBI intervention
Sensex adds 305 points, Rupee jumps 100 paise vs USD on PM Modi review news, RBI intervention: Indian stock markets (Sensex and Nifty) ended much higher on Wednesday on news of PM Modi holding an economic review meet on Saturday with Sensex
Tuesday, September 11, 2018
Terrible Tuesday! Sensex tanks 509 points after rupee strikes new record low at 72.74 vs USD
Terrible Tuesday! Sensex tanks 509 points after rupee strikes new record low at 72.74 vs USD: Indian stock markets (Sensex and Nifty) registered massive losses on Tuesday after the Indian rupee struck new record low at 72.74 vs US dollar
Monday, September 10, 2018
Nifty Levels for the Week 10.09.2018 to 14.09.2018
Nifty Levels for the Week 10.09.2018 to 14.09.2018: Nifty Auto index closed up 2.20% at 11036.65 today. The index has gained 2.00% over last one month. Among the constituents, Hero MotoCorp Ltd added 5.20%,
Friday, September 7, 2018
Sensex adds 147 points, Nifty ends near 11,600 as blue-chips gain in late trade; Airtel, Hero, Bajaj up 5% | Best SEBI Registered Investment adviser
Sensex adds 147 points, Nifty ends near 11,600 as blue-chips gain in late trade; Airtel, Hero, Bajaj up 5% | Best SEBI Registered Investment adviser: Sensex adds 147 points, Nifty ends near 11,600 as blue-chips gain in late trade; Airtel, Hero, Bajaj up 5% by Best Advisory Company
Thursday, September 6, 2018
Mukesh Ambani’s RIL 112-point booster fuels 224-point gain in Sensex; Nifty ends above 11,500 | Best SEBI Registered Investment adviser
Mukesh Ambani’s RIL 112-point booster fuels 224-point gain in Sensex; Nifty ends above 11,500 | Best SEBI Registered Investment adviser: Mukesh Ambani’s RIL 112-point booster fuels 224-point gain in Sensex; Nifty ends above 11,500- Best sebi registered advisory company
Wednesday, September 5, 2018
Sensex falls 154 points as 2,000 of 2,900 traded stocks end in red
Sensex falls 154 points as 2,000 of 2,900 traded stocks end in red: Sensex falls 154 points as 2,000 of 2,900 traded stocks end in red ; IT stocks gain on rupee’s weakness- Research based advisory services
Tuesday, August 21, 2018
Sensex, Nifty hit new record highs in dull stock market trading
Sensex, Nifty hit new record highs in dull stock market trading: Sensex, Nifty hit new record highs in dull stock market trading; Axis Bank gains 2%, Tata Steel falls 3%. Best Stock Advisory India
Monday, August 20, 2018
Sensex gains 330 points to record high, Nifty ends above 11,500
Sensex gains 330 points to record high, Nifty ends above 11,500: Sensex gains 330 points to record high, Nifty ends above 11,500 for first time in stock market history. Ace Investment Advisory
Saturday, August 18, 2018
7 Warren Buffett quotes that may redefine your purpose of stock market
7 Warren Buffett quotes that may redefine your purpose of stock market: 7 Warren Buffett quotes that may redefine your purpose of stock market investing- Best Investment Adviser India-Ace Investment Advisory
Friday, August 17, 2018
Indian stock markets Sensex and Nifty finished higher on Friday
Indian stock markets Sensex and Nifty finished higher on Friday: Indian stock markets (Sensex and Nifty) finished higher on Friday with BSE Sensex closing 284 points higher and NSE Nifty 50 marking a record closing high
Wednesday, August 15, 2018
Happy Independence Day-Ace Investment Advisory | Best SEBI Registered Investment adviser
Happy Independence Day-Ace Investment Advisory | Best SEBI Registered Investment adviser: “We are Indians, firstly and lastly” – B.R. Ambedkar
Tuesday, August 14, 2018
Sensex gains 207 points, Nifty ends at 11,435 on Independence Day Eve
Sensex gains 207 points, Nifty ends at 11,435 on Independence Day Eve: Indian stock markets Sensex gains 207 points, Nifty ends at 11,435 on Independence Day Eve! RIL emerges as biggest contributor
Monday, August 13, 2018
Sensex tanks 224 points; Rupee plunges over 100 paise to all-time low vs USD
Sensex tanks 224 points; Rupee plunges over 100 paise to all-time low vs USD: Share Market Today: Indian stock markets (Sensex and Nifty) ended in negative territory on Monday following the rout in the global financial market
Sunday, August 12, 2018
Long Term Buy Ashok Leyland | Best SEBI Registered Investment adviser
Long Term Buy Ashok Leyland | Best SEBI Registered Investment adviser: Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally.
Saturday, August 11, 2018
When Should You Use Trailing Stops In Your Trading? %
When Should You Use Trailing Stops In Your Trading? %: Trailing stops should be a part of your trading strategy but when should you use them? Is there a better time to use a trailing stop? Yes, here is what
Friday, August 10, 2018
Sensex, Nifty lose steam after 5-day winning streak; SBI cracks 5%
Sensex, Nifty lose steam after 5-day winning streak; SBI cracks 5%: Stock market today: The benchmark indices Sensex and Nifty of the domestic equity markets on Friday closed in the negative territory
Thursday, August 9, 2018
Blog Default | Best SEBI Registered Investment adviser
Blog Default | Best SEBI Registered Investment adviser: Indian Equity Markets The Sensex of the BSE closed at yet another fresh record high on Thursday. Sensex settling above the 38,000-mark for the first time in Indian stock market history. The benchmark Sensex index closed 136.81 points, or 0.36% higher, at a new record of 38,024.37 points. After scaling a fresh 52-week high of 38,076.23
Monday, August 6, 2018
Sensex ends at all-time high, Nifty logs record peak at 11,387
Sensex ends at all-time high, Nifty logs record peak at 11,387: Sensex ends at all-time high, Nifty logs record peak at 11,387; HDFC AMC share price gains 65%. Indian stock markets closed at record peaks
Sunday, August 5, 2018
Weekly Market View, Nifty Weekly Strategy and Bank Nifty Levels-06.08.2018
Weekly Market View, Nifty Weekly Strategy and Bank Nifty Levels-06.08.2018: Nifty gave breakout of all time high level and ended at new life time high at 11390.55. Get Best advice from Ace Investment Advisory
Nifty and Bank Nifty Closed on 03.08.2018 Domestic bourses jumped on Friday
Nifty and Bank Nifty Closed on 03.08.2018 Domestic bourses jumped on Friday: Nifty and Bank Nifty Closed on 03.08.2018. Domestic bourses jumped on Friday after two consecutive sessions of falls, boosted by banking stocks.
Wednesday, August 1, 2018
Sensex, Nifty end in red after RBI hikes repo rate to 6.5%
Sensex, Nifty end in red after RBI hikes repo rate to 6.5%: Indian stock markets Sensex and Nifty closed in negative territory recovering partly from day's low post-RBI repo rate hike with Sensex losing 85 points
Tuesday, July 31, 2018
Share Market Live | Sensex, Nifty close at fresh record highs
Share Market Live | Sensex, Nifty close at fresh record highs: Share Market Live Indian stock markets shrugged off earlier losses and rallied to close at a fresh new high on Tuesday, with Sensex closing at all-time high
Monday, July 30, 2018
Sensex logs new all-time high, Nifty ends above 11,300 for first time
Sensex logs new all-time high, Nifty ends above 11,300 for first time: Sensex logs new all-time high, Nifty ends above 11,300 for first time in stock market history. Indian equities inched higher in the late afternoon trades
Sunday, July 29, 2018
Weekly Market View, Nifty Trading Strategy, Nifty Levels |
Weekly Market View, Nifty Trading Strategy, Nifty Levels |: Weekly Market View, Nifty Trading Strategy, Nifty Levels Nifty gave breakout of all time high level and ended at new life time high at 11283.40.
Thursday, July 26, 2018
Nifty Ideas and Bank Nifty Levels for 26.07.2018 | Ace Investment Advisory
Nifty Ideas and Bank Nifty Levels for 26.07.2018 | Ace Investment Advisory: Indian stock market index Nifty ended flat on Wednesday in an extremely volatile stock market trading. NSE Nifty closing marginally lower in red tripping
Wednesday, July 25, 2018
Sensex marks new closing all-time high at 36,858, Nifty slips in red
Sensex marks new closing all-time high at 36,858, Nifty slips in red: Sensex marks new closing all-time high at 36,858, Nifty slips in red; Axis Bank crashes 3%, SBI jumps 2% | Ace Investment Advisory
Tuesday, July 24, 2018
Stock Market Nifty and BankNifty Levels for 25.07.2018 | Nifty Levels
Stock Market Nifty and BankNifty Levels for 25.07.2018 | Nifty Levels: Indian stock market Nifty settled higher on Tuesday after recovering from the day’s low in the afternoon session. Nifty Bank Nifty levels
First time in stock market history Sensex ends at all-time high of 36,825
First time in stock market history Sensex ends at all-time high of 36,825: Indian stock markets (Sensex and Nifty) settled higher on Tuesday after recovering from day’s low in afternoon session BSE Sensex closing at all-time high
Monday, July 23, 2018
Nifty Bank Nifty Levels for 24.07.2018 | Accurate Stock Tips Provider
Nifty Bank Nifty Levels for 24.07.2018 | Accurate Stock Tips Provider: Nifty bank nifty levels. Nifty hits 6-months closing high In the last trading session closed at 11084.75, gains 74.55 points or 0.68%. Nifty and bank nifty
Bse Sensex ends at all-time high, Nifty hits 6-month closing high
Bse Sensex ends at all-time high, Nifty hits 6-month closing high: BSE Sensex hitting new all-time high, NSE Nifty surging to nearly 6-month high. Shares of big blue-chip companies emerged as biggest contributors in Sensex
Nifty Trading View for 23.07.2018 | Best SEBI Registered Investment adviser
Nifty Trading View for 23.07.2018 | Best SEBI Registered Investment adviser: Nifty Trading View and Bank Nifty Trading View for 23.07.2018. Ace Investment Advisory gives best trading levels for Nifty and Bank Nifty daily Market Trade
Wednesday, July 18, 2018
Indian Stock Markets sensex nifty today sensex retreats from record high | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Indian Stock Markets sensex nifty today sensex retreats from record high | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Indian Stock Markets retreats from record high today. The Sensex of the BSE, which scaled a record high of 36,747.87. Sensex In early trade on Wednesday,
Tuesday, July 17, 2018
Nifty Trading Strategy | Nifty BankNifty Levels 18.7.2018 by Ace Investment Advisory | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Nifty Trading Strategy | Nifty BankNifty Levels 18.7.2018 by Ace Investment Advisory | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Market Trade Date: 18/07/2018 Nifty Trading Strategy: In the last trading session Nifty closed higher and gains 71.20 points or 0.65%, settle at 11,008.05.
Share Market Today: Sensex gains 196 points, Nifty reclaims 11,000 | | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Share Market Today: Sensex gains 196 points, Nifty reclaims 11,000 | | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Share Market Today: Indian stock markets closed higher on Tuesday with Sensex gaining nearly 200 points and Nifty 50 reclaiming 11,000-level following the
Share Market Today: Sensex gains 196 points, Nifty reclaims 11,000 | | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Share Market Today: Sensex gains 196 points, Nifty reclaims 11,000 | | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Share Market Today: Indian stock markets closed higher on Tuesday with Sensex gaining nearly 200 points and Nifty 50 reclaiming 11,000-level following the
Nifty and Bank Nifty Levels and trading Strategy for 17.07.2018 | | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Nifty and Bank Nifty Levels and trading Strategy for 17.07.2018 | | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Market Trade Date: 17/07/2018 Nifty Trading Strategy: In the last trading session, Bank Nifty lost 256.15 points or 0.95% to end at 26679.80. NSE Nifty edged
Monday, July 16, 2018
Indian stock markets ended on a negative note on Monday Ace Investment Advisory | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Indian stock markets ended on a negative note on Monday Ace Investment Advisory | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Indian Stock Markets Sensex and Nifty ended on a negative note on Monday following the muted to subdued activity in Asian stock markets and the unhappiness
Sunday, July 15, 2018
Nifty Trading Strategy for 16.07.2018 and Nifty and Bank Nifty Levels | Best SEBI Registered Investment adviser | NSE Stock Tips Provider
Nifty Trading Strategy for 16.07.2018 and Nifty and Bank Nifty Levels | Best SEBI Registered Investment adviser | NSE Stock Tips Provider: Trade Date: 16/07/2018 Nifty Trading Strategy: In the last trading session, Nifty closed on a negative note at 11018.90 levels, Nifty has facing resistance at
Thursday, July 12, 2018
Stock market update: Midcaps underperform Sensex | Sebi Registered Adviser | Best Investment adviser in India | Most Successful Stock Adviser in India
Stock market update: Midcaps underperform Sensex | Sebi Registered Adviser | Best Investment adviser in India | Most Successful Stock Adviser in India: Stock market update: The Sensex closed at a record peak of 36,548, up by 282 points, or 0.78 per cent. As many as 17 stocks remained in the green in the index,
Wednesday, July 11, 2018
Intraday levels for Nifty & Bank Nifty | Best Stock Investment Advisory in India | Best Investment adviser in India | Most Successful Stock Adviser in India
Intraday levels for Nifty & Bank Nifty | Best Stock Investment Advisory in India | Best Investment adviser in India | Most Successful Stock Adviser in India: Nifty Trading Strategy Trade Date- 12/07/2018 Share Market (Indian equity markets) ended on flatter note on Wednesday with Sensex, Nifty just managing to close
Share market ended on a flatter note on Wednesday | Best Investment Adviser | Best Investment adviser in India | Most Successful Stock Adviser in India
Share market ended on a flatter note on Wednesday | Best Investment Adviser | Best Investment adviser in India | Most Successful Stock Adviser in India: Share Market Live Updates: Share Market (Indian equity markets) ended on flatter note on Wednesday with Sensex, Nifty just managing to close in green. Mid-cap
US-China trade war: China shares slide at open after US threatens more tariffs | Best Investment adviser in India | Most Successful Stock Adviser in India
US-China trade war: China shares slide at open after US threatens more tariffs | Best Investment adviser in India | Most Successful Stock Adviser in India: US-China trade war US-China trade war, China's shares opened sharply lower on Wednesday after the U.S. said it would impose tariffs on an additional $200
Friday, July 6, 2018
Share Market Today: Sensex adds 83 points, Nifty ends above 10,750 | Best Investment adviser in India | Most Successful Stock Adviser in India
Share Market Today: Sensex adds 83 points, Nifty ends above 10,750 | Best Investment adviser in India | Most Successful Stock Adviser in India: Indian share markets ended slightly higher after trading unfazed after on Friday, 6 July 2018. even as most of the Asian stock markets ended in red following
Petrol, diesel prices raised for second day in a row; check latest fuel rates | Best Investment adviser in India | Most Successful Stock Adviser in India
Petrol, diesel prices raised for second day in a row; check latest fuel rates | Best Investment adviser in India | Most Successful Stock Adviser in India: Petrol, diesel prices: The prices of petrol and diesel were raised for the second straight day by the oil marketing companies on Friday. The fuel rates were
Wednesday, July 4, 2018
Stock market today: Sensex gains 267 points, Nifty ends above 10750 | Best Investment adviser in India | Most Successful Stock Adviser in India
Stock market today: Sensex gains 267 points, Nifty ends above 10750 | Best Investment adviser in India | Most Successful Stock Adviser in India: The domestic stock markets extended gains after opening flat on Wednesday and finally closed higher despite weak global cues and downtick in the regional Asian
Cabinet approves hike in MSP for Kharif crops; paddy MSP raised by Rs 250/quintal | Best Investment adviser in India | Most Successful Stock Adviser in India
Cabinet approves hike in MSP for Kharif crops; paddy MSP raised by Rs 250/quintal | Best Investment adviser in India | Most Successful Stock Adviser in India: The Union Cabinet on Wednesday approved the Kharif crops proposal to hike the Minimum Support Price, which was made in the Budget 2018 by Finance Minister Arun
Tuesday, July 3, 2018
Going private: Anil Agarwal to delist Vedanta from LSE | | Best Investment adviser in India | Most Successful Stock Adviser in India
Going private: Anil Agarwal to delist Vedanta from LSE | | Best Investment adviser in India | Most Successful Stock Adviser in India: Amid rising protests in the UK following the death of 13 people in May during violent demonstrations against its copper smelter in Tuticorin, Tamil Nadu, Anil
Saturday, June 30, 2018
Thyssenkrupp, Tata Steel seal landmark steel joint venture dea | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
Thyssenkrupp, Tata Steel seal landmark steel joint venture dea | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: FRANKFURT/DUESSELDORF - Germany's Thyssenkrupp and India's Tata Steel signed a final agreement on Saturday to establish a long-expected steel joint venture, the
Short Term Buy Call Cyient | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
Short Term Buy Call Cyient | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: Short_Term_Cash_Call_Cyient_02.07.2018 To know more about us or our services, kindly visit www.aceinvestmentadvisory.com Ace Investment Advisory Best Investment
PM Narendra Modi's announcement: Govt to raise cane FRP in 15 days | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
PM Narendra Modi's announcement: Govt to raise cane FRP in 15 days | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: While sugarcane farmers in Uttar Pradesh are up in arms against delayed cane payments from mills, Prime Minister Narendra Modi announced on Friday that the
Friday, June 29, 2018
Sensex soars 386 pts, Nifty reclaims 10,700 | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
Sensex soars 386 pts, Nifty reclaims 10,700 | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: Benchmark equity indices snapped their two-day losing streak on Friday on account of low-level buying. The BSE Sensex rallied nearly 400 points, while the NSE
Rupee regains 60 paise vs US dollar from all-time low per USD after RBI taps forex market | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
Rupee regains 60 paise vs US dollar from all-time low per USD after RBI taps forex market | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: The Indian rupee regained nearly 60 paise vs US dollar from an all-time low level of 69.09 per USD in the early deals on Friday at the foreign exchange market,
7 Best Stock Market Movies that Every Indian Investor Must Watch | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
7 Best Stock Market Movies that Every Indian Investor Must Watch | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: This is a fun one. It's research, yeah. But you're going to like doing it. Today, I'm going to be talking about the best movies on the stock market. YES. Now,
Exide in JV with Swiss firm for lithium-ion batteries | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India
Exide in JV with Swiss firm for lithium-ion batteries | Best Investment adviser in India | Most Successful Stock Adviser in India | Best Investment adviser in India | Most Successful Stock Adviser in India: Eyeing India's electric vehicle market and grid-based applications, the country's largest storage battery maker Exide Industries has formed a joint venture with
Thursday, June 28, 2018
The Nifty has managed to end the series below 10,600 as well, while the Sensex closed just above 35,000 | Best Investment adviser in India | Best Investment adviser in India
The Nifty has managed to end the series below 10,600 as well, while the Sensex closed just above 35,000 | Best Investment adviser in India | Best Investment adviser in India: Dragged by factors such as weak rupee, crude surge, trade war fears and others, the market has ended the June series on a subdued note. The market ended the
Wednesday, June 27, 2018
Banks, oil, infra stocks drag Sensex 273 pts; Nifty ends below 10,700 ahead of F&O expiry | Best Investment adviser in India | Best Investment adviser in India
Banks, oil, infra stocks drag Sensex 273 pts; Nifty ends below 10,700 ahead of F&O expiry | Best Investment adviser in India | Best Investment adviser in India: Benchmark indices ended sharply lower amid weak global cues, dragged by oil, banking & financials and infra stocks. The 30-share BSE Sensex fell 272.93 points
Shriram Transport Fin to raise Rs 5,000 crore via NCDs | Best Investment adviser in India | Best Investment adviser in India
Shriram Transport Fin to raise Rs 5,000 crore via NCDs | Best Investment adviser in India | Best Investment adviser in India: Shriram Transport Finance Company (STFC) is planning a public issue for an amount of upto Rs 5,000 crore through secured redeemable non-convertible debentures
Saturday, June 23, 2018
Long Term Buy Call-IBULHSGFIN by Ace Investment Advisory | Best Investment adviser in India | Best Investment adviser in India
Long Term Buy Call-IBULHSGFIN by Ace Investment Advisory | Best Investment adviser in India | Best Investment adviser in India: Long-Term-Cash-Ibulhsgfin To know more about us or our services, kindly visit www.aceinvestmentadvisory.com Ace Investment Advisory Best Investment adviser in
Friday, June 22, 2018
BSE Sensex soars 300 pts on last hour buying; Nifty50 above 10,800; HDFC twins, banking stocks lead gains | Best Investment adviser in India | Best Investment adviser in India
BSE Sensex soars 300 pts on last hour buying; Nifty50 above 10,800; HDFC twins, banking stocks lead gains | Best Investment adviser in India | Best Investment adviser in India: Last hour buying on the domestic bourses sent the BSE Sensex soaring by over 300 points and NSE Nifty50 almost 100 points higher. According to market experts,
Sebi tweaks rules for IPOs, buybacks and takeovers | Best Investment adviser in India | Best Investment adviser in India
Sebi tweaks rules for IPOs, buybacks and takeovers | Best Investment adviser in India | Best Investment adviser in India: The Securities and Exchange Board of India (Sebi) on Thursday eased several rules relating to Initial Public Offers (IPO), rights issues, buybacks and takeovers
Thursday, June 21, 2018
Markets today: Sensex closes 115 points lower at 35,432.39; Nifty50 down 0.29%; M&M loses over 2% | Best Investment adviser in India | Best Investment adviser in India
Markets today: Sensex closes 115 points lower at 35,432.39; Nifty50 down 0.29%; M&M loses over 2% | Best Investment adviser in India | Best Investment adviser in India: Heavy selling in the last half hour of trade, along with outflow of funds, dented sentiments and the benchmark Sensex index of the BSE dropped almost 150 points
Wednesday, June 20, 2018
What led to huge PNB fraud and how few rogue employees escaped detection | Best Investment adviser in India | Best Investment adviser in India
What led to huge PNB fraud and how few rogue employees escaped detection | Best Investment adviser in India | Best Investment adviser in India: A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread
Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears | Best Investment adviser in India | Best Investment adviser in India
Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears | Best Investment adviser in India | Best Investment adviser in India: The market recouped its losses seen in the previous session, following the recovery in its global counterparts on Wednesday amid heightened fears of trade war
Trade war fears rattle American stock markets, Dow Jones gives up 2018 gains | Best Investment adviser in India | Best Investment adviser in India
Trade war fears rattle American stock markets, Dow Jones gives up 2018 gains | Best Investment adviser in India | Best Investment adviser in India: U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled markets and put the Dow Jones Industrial
Tuesday, June 19, 2018
Brazil, India corporate debt most vulnerable to rate hikes, McKinsey says | Best Investment adviser in India | Best Investment adviser in India
Brazil, India corporate debt most vulnerable to rate hikes, McKinsey says | Best Investment adviser in India | Best Investment adviser in India: LONDON - A 200-basis-point increase in interest rates could cause a sharp rise in emerging-market corporate debt at risk of default, with Brazilian and Indian
Sell-off dents Dalal Street! Sensex tumbles 452 points in 4 days; 4 reasons why | Best Investment adviser in India | Best Investment adviser in India
Sell-off dents Dalal Street! Sensex tumbles 452 points in 4 days; 4 reasons why | Best Investment adviser in India | Best Investment adviser in India: The global turmoil over the escalated concerns about the trade war between the United States and China have impacted India's equity markets time and again
Monday, June 18, 2018
Sensex ends down 74 points after shuttling between 35,722 and 35,518 | Best Investment adviser in India | Best Investment adviser in India
Sensex ends down 74 points after shuttling between 35,722 and 35,518 | Best Investment adviser in India | Best Investment adviser in India: The S&P BSE Sensex index closed down points on Monday after shuttling in a narrow range of 35,722 and 35,518 with shares of India's second-largest private
Saturday, June 16, 2018
Short Term Buy Call Jubilant Foodworks | Best Investment adviser in India | Best Investment adviser in India
Short Term Buy Call Jubilant Foodworks | Best Investment adviser in India | Best Investment adviser in India: ShortTermCash_Jublfood_18.06.2018 To know more about us or our services, kindly visit www.aceinvestmentadvisory.com Ace Investment Advisory Best Investment
Brent crude oil gets cheaper by $3 per barrel in 2 days: 2 biggest reasons for the decline | Best Investment adviser in India | Best Investment adviser in India
Brent crude oil gets cheaper by $3 per barrel in 2 days: 2 biggest reasons for the decline | Best Investment adviser in India | Best Investment adviser in India: Oil prices fell more than $2 a barrel Friday after two of the world's biggest producers indicated they might increase output at next week's OPEC meeting, while
Friday, June 15, 2018
NPA in India: Banks wrote off 4.8 lakh crore bad loans since 2009; check full list | Best Investment adviser in India | Best Investment adviser in India
NPA in India: Banks wrote off 4.8 lakh crore bad loans since 2009; check full list | Best Investment adviser in India | Best Investment adviser in India: In a major development, banks have largely written off a record Rs 1,44,093 crore of bad loans in the financial year ending March 2018. The figure has gone up
Thursday, June 14, 2018
Global cues drag Sensex 139 pts after Fed rate hike; Midcap outperforms; RIL at record close | Best Investment adviser in India | Best Investment adviser in India
Global cues drag Sensex 139 pts after Fed rate hike; Midcap outperforms; RIL at record close | Best Investment adviser in India | Best Investment adviser in India: The 30-share BSE Sensex recovered more than 100 points from day's low in later part of the session, ending down 139.34 points at 35,599.82. The 50-share NSE
Asian shares down on Federal Reserve hike, China-US trade anxiety | Best Investment adviser in India | Best Investment adviser in India
Asian shares down on Federal Reserve hike, China-US trade anxiety | Best Investment adviser in India | Best Investment adviser in India: Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of
Wednesday, June 13, 2018
Nifty closes above 10,850, Sensex up 46 pts; IT, pharma outperform | Best Investment adviser in India | Best Investment adviser in India
Nifty closes above 10,850, Sensex up 46 pts; IT, pharma outperform | Best Investment adviser in India | Best Investment adviser in India: All sectoral indices are trading in the green, with sharp gains seen in pharmaceuticals, IT and PSU banking space. The midcap index is trading higher by almost
Petrol diesel prices today | Best Investment adviser in India | Best Investment adviser in India
Petrol diesel prices today | Best Investment adviser in India | Best Investment adviser in India: No cut in petrol, diesel prices today! After 14-day-long fall, fuel prices kept unchanged; check rates Petrol and diesel prices in India, after being cut for 14
Tuesday, June 12, 2018
Trump-Kim meeting LIVE updates | Best Investment adviser in India | Best Investment adviser in India
Trump-Kim meeting LIVE updates | Best Investment adviser in India | Best Investment adviser in India: US President vows to solve 'big problem', North Korea leader advocates for 'peace' Trump-Kim meeting LIVE updates: US President Donald Trump and North Korean
Monday, June 11, 2018
Banks get back 70% of amount claimed from 12 bankruptcy-hit companies, realisation doubles in Q4 | Best Investment adviser in India | Best Investment adviser in India
Banks get back 70% of amount claimed from 12 bankruptcy-hit companies, realisation doubles in Q4 | Best Investment adviser in India | Best Investment adviser in India: Lenders of 12 bankruptcy-hit companies were able to get back 70% of the total amount claimed in the January-March 2018 quarter, the latest data released
Friday, June 8, 2018
Sensex snaps 2-day rally on profit-booking; focus shifts to G7 meeting | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Sensex snaps 2-day rally on profit-booking; focus shifts to G7 meeting | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: The benchmark BSE Sensex dipped 19 points to close at 35,443.67 today after two straight sessions of robust gains due to profit-booking in power, metal, FMCG and banking stocks. Overseas, European stocks followed Asian peers lower after a mixed close on Wall Street overnight amid uncertainty over global trade relations
Thursday, June 7, 2018
RBI reduces interest rate on unclaimed deposits by 50 bps to 3.5% | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
RBI reduces interest rate on unclaimed deposits by 50 bps to 3.5% | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Interest rate on unclaimed deposit amount transferred to Depositor Education and Awareness (DEA) fund has been reduced by 50 basis points to 3.5 per cent, the Reserve Bank said today. In June 2014, RBI had specified that the rate of interest payable by banks to the depositors/claimants on the unclaimed interest bearing
Sensex rises 243 pts, Nifty tops 10,750; 8 of every 10 smallcaps end higher | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Sensex rises 243 pts, Nifty tops 10,750; 8 of every 10 smallcaps end higher | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Indian equity benchmarks rose for a second straight session riding gains in bank, IT, auto and metal stocks, a day after the RBI increased repo rate and maintained neutral stance. According to analysts, chances of a status quo were greater than a rate hike and it was RBI's 'neutral' stance that did the job. Besides,
Wednesday, June 6, 2018
Sensex ends over 275 points higher, Nifty near 10,700 after RBI hikes repo rate | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Sensex ends over 275 points higher, Nifty near 10,700 after RBI hikes repo rate | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: A three-day losing streak broken and how! Equity benchmarks had a good day of trade, with the Sensex closing 275 points higher, while the Nifty closed near 10,700-mark. The market witnessed a last hour surge after Reserve Bank of India's Monetary Policy Committee decided to hike repo rate to 6.25 percent. While the
Bad news! Home loans, car loans to cost more as RBI hikes repo rate by 25 bps; Here's how you will get impacted | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Bad news! Home loans, car loans to cost more as RBI hikes repo rate by 25 bps; Here's how you will get impacted | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: For the first time in almost four-and-a-half years, the Reserve Bank of India increased the repo rate by 25 bps to 6.25% in its June 6 monetary policy meet today, on the back of rising inflation and high oil prices. Market analysts as well as financial experts were, however, expecting a status quo on interest rates in
Tuesday, June 5, 2018
Mid-cap bloodbath dents Dalal Street: Over 300 stocks fall 5-20% today; Sensex loses 35,000-mark | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Mid-cap bloodbath dents Dalal Street: Over 300 stocks fall 5-20% today; Sensex loses 35,000-mark | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: The domestic sharemarket saw heavy sell-off in most of the mid-cap and small-cap stocks on Tuesday with scrips of Anil Dhirubhai Ambani Group's telecom firm RCom plunging more than 8% and Aditya Birla Group's telecom venture Idea Cellular slipping 10%. India's equity market traded under tightened volatility with the
BSE puts Anil Ambani's R-Naval under 'additional surveillance measure', takes tally to 109; check full list | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
BSE puts Anil Ambani's R-Naval under 'additional surveillance measure', takes tally to 109; check full list | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: BSE (Bombay Stock Exchange) had placed Anil Ambani's Reliance Naval and Engineering (R-Naval) and 108 other securities under the 'additional surveillance measure' in order to put a check on the price-volume manipulation with effect from today, 5 June 2018. This move came after the exchange's order on 31 May 2018 which
Technical Analysis Glossary | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Technical Analysis Glossary | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Bear market: This refers to a long period during which the market is in a downtrend. Bollinger Bands: Bands used to calculate the volatility of the asset class at any given time. Breakout: An increase in a stock's price that results in the price breaking the previous high or a resistance level is known as a breakout.
Monday, June 4, 2018
No end to glitches? IndiGo again grapples with P&W engine woes | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
No end to glitches? IndiGo again grapples with P&W engine woes | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Country's largest airline IndiGo is again battling Pratt & Whitney engine problems, with at least four of its planes experiencing glitches in one week, according to industry sources. The P&W engine problems had led to grounding of around 25 Airbus A320 neo aircraft of IndiGo and GoAir during the period from April 2017
Sensex tanks 215 points: Mid and small-caps bleed; 2,100 shares drop; HDFC Bank, Airtel down 3% | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Sensex tanks 215 points: Mid and small-caps bleed; 2,100 shares drop; HDFC Bank, Airtel down 3% | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Indian equity markets saw an extremely volatile trading on Monday with the benchmark equity indices Sensex and Nifty collapsing after rising nearly 1% in the early session as India's largest bank by market capitalisation HDFC Bank hit the record high in the opening bell. During the day, volatility shot like anything as
As economy reels under rising NPAs, banking frauds, bank officials to brief parliamentary panel today | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
As economy reels under rising NPAs, banking frauds, bank officials to brief parliamentary panel today | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: In wake of mounting bad loans and banking frauds, top officials of both public and private banks will on Monday brief a parliamentary panel. The Indian Banks' Association (IBA) officials have been called today to appear before the Parliamentary Standing Committee on Finance headed by Verappa Moily, according a Lok
Sunday, June 3, 2018
How do I start investing in the Indian stock market? | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
How do I start investing in the Indian stock market? | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: First of all you need to read a lot and have basic idea of terminology used, how stock prices go up/down, what are the potential risks involved. There are a lot of books available for trading. Some of them are- Step 1. Open a DEMAT account- The following are the documents needed to open a demat and trading account via
Saturday, June 2, 2018
SBI, ICICI Bank raise MCLRs ahead of RBI policy review | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
SBI, ICICI Bank raise MCLRs ahead of RBI policy review | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: State Bank of India (SBI), ICICI Bank and Union Bank of India raised their marginal cost of funds-based lending rates (MCLRs) on Friday, days ahead of the Reserve Bank of India's (RBI) monetary policy review. On Thursday, Punjab National Bank (PNB) had raised MCLRs by 5-10 basis points (bps), with the one-year MCLR
Friday, June 1, 2018
Sensex sheds 95 points; banking, PSU stocks slip as markets witness 'price correction' | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Sensex sheds 95 points; banking, PSU stocks slip as markets witness 'price correction' | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Markets saw a price correction on the first session of the new June series derivatives today, with the Sensex losing over 95 points and the Nifty closing below the 10,700-mark. Weakness in banking stocks offset gains in auto despite robust GDP numbers for the January-March quarter amid sustained foreign fund outflows.
Thursday, May 31, 2018
Sensex soars 416 pts, Nifty50 settles at 10,736: 5 factorsthat fuelled rally | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Sensex soars 416 pts, Nifty50 settles at 10,736: 5 factorsthat fuelled rally | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: The domestic equity market put up a spectacular show on Thursday, as BSE benchmark Sensex hit two-week high after surging 416 points or 1.19 per cent. The much of the rally, which came during the fag-end of the trade, was on the back of handsome gains in HDFC twins, InfosysNSE 1.66 %, IndusInd BankNSE 3.75 %, HUL and M
Wednesday, May 30, 2018
Ahead of F&O expiry; Italy crisis, Moody's GDP forecast weigh Nifty closed mildly lower | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips
Ahead of F&O expiry; Italy crisis, Moody's GDP forecast weigh Nifty closed mildly lower | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: On Wednesday after volatility Benchmark indices closed the session mildly lower, as political turmoil in Italy and Moody's GDP growth forecast cut weighed on market sentiment. Investors also closely monitor the movement in the rupee and crude oil prices, both of which are range-bound after recent sharp moves. BSE
Tuesday, May 29, 2018
Sensex Ends Day in Red; Bank Stocks Top Losers | | Best Investment adviser in India & Genuine Stock advisory company
Sensex Ends Day in Red; Bank Stocks Top Losers | | Best Investment adviser in India & Genuine Stock advisory company: After opening the day in green, share markets in India witnessed volatile trading activity throughout the day and ended the day on a negative note. Sectoral indices traded on a mixed note, with stocks in the banking sector and stocks in the pharma sector, leading the losses. At the closing bell, the BSE Sensex stood
Monday, May 28, 2018
L&T Q4 profit up 5% YoY at Rs 3,167 cr; Expects 12-15% revenue growth in FY19 | | Best Investment adviser in India & Genuine Stock advisory company
L&T Q4 profit up 5% YoY at Rs 3,167 cr; Expects 12-15% revenue growth in FY19 | | Best Investment adviser in India & Genuine Stock advisory company: Consolidated EBIDTA was 24.3 percent at Rs 5,390 crore. Consolidated EBIDTA margin was up at 13.2 percent. Larsen and Toubro (L&T) Monday reported a 4.6 percent year-on-year (YoY) rise in March quarter consolidated profit at Rs 3,167 crore, beating estimates. The net profit in the same quarter of previous year stood at
Friday, May 25, 2018
Sensex rises 262 pts, Nifty50 settles above 10,600 on oil correction and strong rupee | | Best Investment adviser in India & Genuine Stock advisory company
Sensex rises 262 pts, Nifty50 settles above 10,600 on oil correction and strong rupee | | Best Investment adviser in India & Genuine Stock advisory company: Benchmark indices extended rally for the second consecutive session as the Sensex was up 261.76 points at 34,924.87, backed by banking & financials, oil, metals and technology stocks. The 50-share NSE Nifty gained 91.30 points at 10,605.20 while Nifty Midcap index rallied 2 percent, outperforming frontliners. Page
OPEC looking to ease crude oil supply: Russia, Saudi Arabia to discuss raising output by 1 million bpd | | Best Investment adviser in India & Genuine Stock advisory company
OPEC looking to ease crude oil supply: Russia, Saudi Arabia to discuss raising output by 1 million bpd | | Best Investment adviser in India & Genuine Stock advisory company: Sources said Saudi Arabia and Russia will discuss raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd), easing 17 months of strict supply curbs. Saudi Arabia and Russia will discuss raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd), easing 17 months of strict
Thursday, May 17, 2018
Where can I get Best Portfolio Management Services? | | Ace Investment Advisory
Where can I get Best Portfolio Management Services? | | Ace Investment Advisory: About Best Portfolio Management Services(PMS) in India: Portfolio Management Services(PMS) are always in demand because of good equity investment and returns compared to other sources available in market. There are hundreds of PMS services providers in market which are providing in different ways. Some of them are
Thursday, March 22, 2018
Cabinet clears Ayushman Bharat -National Health Protection Mission
This scheme will offer health cover of Rs 5 lakh per family per year to 10 crore families.
The cabinet on Wednesday approved the centrally-sponsored Ayushman Bharat-National Health Protection Mission (AB-NHPM), which will provide a health insurance cover of Rs 5 lakh per family per year.
The intended beneficiaries of the proposed scheme will be more than 10 crore poor and vulnerable families, based on the Socio Economic and Caste Census (SECC) database.
The existing Rashtriya Swasthya Bima Yojana (RSBY), which provided a health cover of Rs 30,000, and the Senior Citizen Health Insurance Scheme (SCHIS) will be subsumed into the new scheme.
Although the government has not specified an exact date for the introduction of the scheme, sources told Moneycontrol that a formal launch will be done on August 15.
The AB-NHPM was first announced by finance minister Arun Jaitley in his Union Budget speech this year.
A government statement said this cover will take care of almost all secondary care and most tertiary care procedures.
"To ensure that nobody is left out (especially women, children and elderly) there will be no cap on family size and age in the scheme. The benefit cover will also include pre and post-hospitalisation expenses. All pre-existing conditions will be covered from day one of the policy," the government said in the statement.
At present, most insurance policies exclude all pre-existing conditions of individuals in health insurance products.
The AB-NHPM will also have a defined transport allowance for every time a person is hospitalised, which will be paid to the beneficiary.
It is estimated that the government will need between Rs 20,000 crore and Rs 25,000 crore to implement the scheme.
AB-NHPM will be an entitlement-based scheme with entitlement decided on the basis of deprivation criteria in the SECC database.
The different categories in rural areas include families with only one room with kucha walls and kucha roofs, families having no adult member between age 16 to 59, and female-headed households with no adult male member between age 16 to 59, among others.
Also, families with disabled members and no able-bodied adult member, SC/ST households, and landless households deriving major part of their income from manual casual labour, will be entitled under the scheme.
For urban areas, 11 defined occupational categories are entitled under the scheme. The beneficiaries can avail benefits in both public and empanelled private facilities.
All public hospitals in the states implementing AB-NHPM will be deemed empanelled for the scheme. Hospitals belonging to Employee State Insurance Corporation (ESIC) may also be empanelled based on the bed occupancy ratio parameter.
As for private hospitals, they will be empanelled online based on defined criteria.
In terms of the mode of implementation, state governments will be allowed to expand AB-NHPM both horizontally and vertically. They can implement it through an insurance company or directly through a trust/society or a mixed model.
However, it is likely that most states will employ an insurance model wherein companies will be chosen through a process of tender.
To ensure that the funds reach state health agencies (SHAs) on time, the transfer of funds from the central government under AB-NHPMA to the SHAs will be done through an escrow account directly.
In partnership with NITI Aayog, an IT platform that will entail a paperless, cashless transaction will be made operational.
In the initial stages, outpatient expenses will not be covered under the scheme and only in-patient hospitalisation expenses will be covered.
Data showed that rural households primarily depended on their household income/savings (68 percent) and on borrowings (25 percent).
However, urban households relied much more on their income/saving (75 percent) for financing hospitalisation expenses, than on borrowings (18 percent).
Out of pocket (OOP) expenditure for healthcare in India is over 60 percent, which leads to nearly 6 million families slipping into poverty due to catastrophic health expenses. The AB-NHPM is expected to have an increased benefit cover for nearly 40 percent of the country's population.
Wednesday, March 21, 2018
India, China to discuss trade issues next week: Suresh Prabhu
India and China would hold bilateral discussions here next week on ways to further boost trade ties between the countries, Commerce Minister Suresh Prabhu said.
India and China would hold bilateral discussions here next week on ways to further boost trade ties between the countries, Commerce Minister Suresh Prabhu said.
He said a senior Chinese minister will be here next week for the bilateral meeting.
"We are very keen that how we will reduce the trade deficit with China. We will discuss that issue bilaterally," the commerce and industry minister told reporters here.
Wednesday, February 14, 2018
Trade setup for Wednesday: Top 15 things you should know before Opening Bell
According to Pivot charts, the key support level is placed at 10,498.3, followed by 10,456.8. If the index starts to move higher, key resistance levels to watch out are 10,568.4 and 10,597.
After a 3 percent drop in the previous week, bulls managed to regain control of D-Street on Monday with Nifty50 rising above 10,500. The index formed a small bullish candle on the daily candlestick charts which suggest that the rally could extend towards 10,700.
Investors are advised to stay cautious but technical indicators are suggesting that the pullback move could extend by another couple of trading sessions. The index closed below its key short-term moving averages such as 50-days exponential moving average (DEMA), and 5-DEMA.
The Nifty50 which opened at 10,518.20 rose to an intraday high of 10,555.50. It slipped marginally to hit an intraday low of 10,485.40 before closing 84 points higher at 10,539.75.
Albeit Nifty50 registered a small bullish candle it appears to be on a pullback mode after testing its 100-Days Moving average (DMA) in the preceding two trading sessions of last week.
Key Support & Resistance Level for Nifty:
The Nifty closed at 10,539.75 on Monday. According to Pivot charts, the key support level is placed at 10,498.3, followed by 10,456.8. If the index starts to move higher, key resistance levels to watch out are 10,568.4 and 10,597.
Nifty Bank:
The Nifty Bank closed at 25,701.60, up 0.93 percent. Important Pivot level, which will act as crucial support for the index, is placed at 25,538.73, followed by 25,375.87. On the upside, key resistance levels are placed at 25,811.13, followed by 25,920.67.
Call Options Data:
Indian Stock Tips Maximum call open interest (OI) of 56.96 lakh contracts stands at strike price 11,100, which will be a resistance for the February series, followed by 11,000, which now holds 52.85 lakh contracts in open interest, and 10,700, which has accumulated 38.63 lakh contracts in OI.
Call writing was seen at the strike price of 10,600, which saw the addition of 2.7 lakh contracts along with 10,7, which added 1.54 lakh contracts, along with 10,900, which saw the addition of 0.72 lakh contracts.
Call unwinding was seen at the strike of 10,400, which shed 2.89 lakh contracts and 10,500, which shed 2.57 lakh contracts.
Sunday, February 11, 2018
Avoid bottom fishing in this market; 5 stocks to buy which could give up to 14% return
The big support for the index is placed around 10,398 and a fall below could take the index towards 10,300-10,200 levels
The Nifty50 breached key support levels in the past five trading session and closed by about 3 percent lower for the week ended February 9 signaling a pause in the momentum which we saw in the beginning of the year 2018.
Apart from domestic factors such as rising crude oil prices, high valuations, concerns over higher fiscal deficit as well as the imposition of long-term capital gains tax (LTCG) of 10 percent weighed on sentiment — the larger part of the decline can be attributed to global markets.
Investors are advised to stay light and avoid bottom fishing at current levels. The market has turned from buy on dips market to sell on rallies. Hence, any bounce back should be used to create short positions, suggest experts.
The big support for the index is placed around 10,398 and a fall below could take the index towards 10,300-10,200 levels.
Friday, February 2, 2018
What changed for the market post Budget 2018 while you were sleeping? 15 things you should know
A list of important headlines from across news agencies that could help in your trade today.
The D-Street witnessed a volatile day as the index moved in a band of over 200-points on throughout the trading session on Thursday which led to a formation of a ‘High Wave’ kind of pattern on the daily candlestick charts.
The government reverted to fiscal consolidation roadmap with a target of 3.3 percent for 2018-2019 which was still higher than the analyst estimate of 3.2 percent.
The Nifty which opened at 11,044 which rose to an intraday high of 11,117.35. But, bears took control of D-Street and pushed the index below 13-DEMA to touch its intraday low of 10,878. The index closed near its 5-DEMA at 11,016, down 10 points.
India Union Budget 2018-19 Live: News, updates and highlights from FM Arun Jaitley's Budget 2018 speech, announcements
According to Pivot charts, the key support level is placed at 10,891.37, followed by 10,765.83. If the index starts to move higher, key resistance levels to watch out are 11,129.87 and 11,242.83.
The Nifty Bank closed at 27,220.7. Important Pivot level, which will act as crucial support for the index, is placed at 26,973.5, followed by 26,726.3. On the upside, key resistance levels are placed at 27,540.7, followed by 27,860.7.
Stay tuned to Moneycontrol to find out what happens in currency and equity markets today. We have collated a list of important headlines from across news agencies.
Wall Street shares forfeit early gains as bond yields rise
Wall Street stocks gave up early gains on Thursday as bond yields rose and technology stocks retreated ahead of a host of high-profile earnings.
The Dow Jones Industrial Average rose 37.32 points, or 0.14 percent, to 26,186.71, the S&P 500 lost 1.83 points, or 0.06 percent, to 2,821.98 and the Nasdaq Composite dropped 25.62 points, or 0.35 percent, to 7,385.86, Reuters reported.
Most markets in Asia decline following rise in US bond yields
Asian shares came under pressure early on Friday after Wall Street closed mixed and yields on US government debt rose in the last session. Japan's Nikkei 225 declined 0.75 percent after snapping a six-day losing streak in the previous session. The Kospi fell 0.96 percent as declines in blue chip tech names drove the index lower, CNBC reported.
Thursday, February 1, 2018
Union Budget 2018 Highlights: Key takeaways from Arun Jaitley's fifth Budget
Budget 2018 Highlights: Here are key takeaways from Finance Minister Arun Jaitley's speech.
Five minutes to go before the Budget speech starts. Already, there is speculation the Budget will ring in a big change. Media reports say that, in a break from tradition, the Finance Minister will deliver his Budget speech in Hindi. How will it be received by lawmakers, especially those from the South, remains to be seen.
Tuesday, January 30, 2018
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Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft
Japan's financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole USD 530 million worth of digital money from its exchange in one of the biggest cyber heists on record.
Japan's financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole USD 530 million worth of digital money from its exchange in one of the biggest cyber heists on record.
The theft highlights the vulnerabilities in trading an asset that global policymakers are struggling to regulate and the broader risks for Japan as it aims to leverage the fintech industry to stimulate economic growth.
The Financial Services Agency (FSA) on Monday ordered improvements to operations at Tokyo-based Coincheck, which on Friday suspended trading in all cryptocurrencies except bitcoin after hackers stole 58 billion yen (USD 534 million) of NEM coins, among the most popular digital currencies in the world.
Coincheck said on Sunday it would return about 90 percent with internal funds, though it has yet to figure out how or when.
The NEM coins were stored in a "hot wallet" instead of the more secure "cold wallet", which operates on platforms not directly connected to the internet, Coincheck said. It also does not use an extra layer of security known as a multi-signature system.
The hack has drawn into focus Japan's approach to regulating cryptocurrency exchanges. Last year, it became the first country to regulate exchanges at the national level - a move that won praise for boosting innovation and protecting consumers, and that contrasts sharply with crackdowns in South Korea and China.
The FSA said it ordered Coincheck to submit a report on the hack and measures for preventing a recurrence by February 13, and that it will, if necessary, conduct on-site inspections of other cryptocurrency exchanges.
The regulator also said it has yet to confirm whether Coincheck had sufficient funds for the reimbursement.
But the regulator does not have any rules banning the use of hot wallets by exchanges, nor does it set requirements on how much should be kept in cold wallets, an FSA official said at a briefing.
In response to FSA's order for improvements, Coincheck said in a statement that it would promptly strengthen its customer protection and governance, and develop its risk management systems.
Japan started to require cryptocurrency exchange operators to register with the government only in April 2017, allowing pre-existing operators such as Coincheck to continue offering services ahead of formal registration.
The FSA has registered 16 cryptocurrency exchanges so far, and another 16 are still awaiting clearance. Coincheck's application was made in September.
"It's been long said that cryptocurrencies are a solid system but cryptocurrency exchanges are not," said Makoto Sakuma, research fellow at NLI Research Institute.
"This incident showed that the problem has not been solved at all. If Coincheck screws up its crisis management, that could deal a blow to the current cryptocurrency fever."
NEM fell to USD 0.78 from USD 1.01 on Friday but recovered to USD 0.95 late on Monday afternoon, according to CoinMarketCap. Cryptocurrency related shares mostly rose in Tokyo, with GMO Internet, which offers cryptocurrency exchange services, gaining 5.7 percent.
Exchange operators in Tokyo said the Coincheck hack will likely cause concerns over security to grow among consumers, potentially pressuring the price of cryptocurrencies.
"I have to admit that all cryptocurrencies will now be tainted in their minds, so there may be a mid-term negative impact," said Genki Oda, president of BitPoint Japan.
CRYPTOCURRENCY RISKS
Singapore-based NEM Foundation said it had a tracing system on the NEM blockchain and that it had "a full account" of all of Coincheck's lost NEM coins. It added that the hacker had not moved any of the funds to any exchange or personal accounts but that it had no way to return the stolen funds to its owners.
In 2014, Tokyo-based Mt. Gox, which once handled 80 percent of the world's bitcoin trades, filed for bankruptcy after losing around half a billion dollars worth of bitcoins. More recently, South Korean cryptocurrency exchange Youbit last month shut down and filed for bankruptcy after being hacked twice last year.
World leaders meeting in Davos last week issued fresh warnings about the dangers of cryptocurrencies, with U.S. Treasury Secretary Steven Mnuchin relating Washington's concern about the money being used for illicit activity.
Japan's top financial diplomat said regulation of cryptocurrencies would likely be on the agenda at the G20 finance chiefs' meeting in Argentina in March.
South Korea will this week ban cryptocurrency traders from using anonymous bank accounts to crack down on the criminal use of virtual coins. China, worried about financial risks from such trading, has ordered some exchanges in Beijing to close.
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