Friday, 19 October 2018

Sensex Falls 350 Pts, China Rebounds

Benchmark indices continued to trade lower amid China's growth concerns and continued correction in NBFCs & HFCs. The 30-share BSE Sensex was down 347.92 points or 1.00 percent at 34,431.66 and the 50-share NSE Nifty fell 110.10 points or 1.05 percent to 10,342.90. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 17 October 2018

NBFC Stocks Slide 1-8% On Strong Market Day

Indian benchmark indices are trading strong on Wednesday with Nifty hovering around 10,650 level and Sensex is up more than 200 points at 35386.86. Shares of non-banking financial companies (NBFCs) are trading lower on Wednesday morning even though the Indian market is trading on positive note. Dewan Housing, HDFC, Ujjivan Financial, MAS Financial Services, Edelweiss Financial, IIFL Holdings, Indiabulls Housing Finance, Satin Creditcare and L&T Finance Holdings, among others were down 1-8 percent on Wednesday. Indian benchmark indices are trading strong on Wednesday with Nifty hovering around 10,650 level and Sensex is up more than 200 points at 35386.86. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 16 October 2018

Sensex, Nifty Extend Gains Led By Auto, Banking Stocks

Benchmark indices BSE Sensex and NSE’s Nifty 50 gained for the third straight session on Tuesday as investors shifted their focus to September quarter earnings season from global trade and geopolitical tensions. Hero MotoCorp and Infosys are among the key companies reporting their Q2 results later in the day. Asian stocks edged higher, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. Earlier in the U.S. the tech-heavy Nasdaq indexes led losses and the S&P 500 Index slipped. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 15 October 2018

Asian Shares Slip On Lingering Trade, US Rates Worries

Asian shares slipped on Monday as worries over Sino-US trade disputes, a possible slowdown in the Chinese economy and higher US borrowing costs tempered optimism despite a rebound in global equities late last week. Oil prices jumped and Saudi Arabian shares tumbled on rising diplomatic tensions between Riyadh and the West after the monarchy warned against threats to punish it over disappearance of a journalist. 
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent while Japan's Nikkei dropped 0.9 per cent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 12 October 2018

Global Stock Slump Shows Signs Of Easing As Asian Stocks Edge Higher

Japan’s Topix index fell 0.7 percent, bringing this week’s slide to almost 6 percent. The Shanghai Composite was little changed. Hong Kong’s Hang Seng index rose 0.5 percent. Australia’s S&P/ASX 200 Index lost 0.2 percent. South Korea’s Kospi index gained 0.7 percent. The S&P 500 fell 2.1 percent Thursday. Futures were up 0.6 percent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Tuesday, 9 October 2018

Indian Rupee Trades Around 74 Per Dollar

The Indian rupee erased some of its morning gains, trading marginally higher at around 74 per dollar on Tuesday. It has opened higher by 19 paise at 73.87 per dollar versus previous close 74.06.
Rupee touched a record low of 74.22 per dollar on Friday after central bank kept the repo rate unchanged at 6.50 percent but changed the stance from Neutral to Calibrated Tightening. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 4 October 2018

RBI Starts Inspecting NBFCs For Exposure To High-Risk Assets

The Reserve Bank of India (RBI) has started an inspection of several non-banking finance companies (NBFCs) to assess their exposure to high-risk assets,
The central bank has called for an inspection of several systematically important companies to check which of them have over-leveraged their loan exposures to the risky portfolios. The scrutiny on the NBFCs has been tightened. NBFCs, including HFCs, have grown dramatically over the last 3-4 years. The industry's loan growth was 21.2 percent, while its borrowings grew by 19.1 percent. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961