Jio launch and it’s post effects.

Posted By : Team SMI

When Mukesh Ambani launched Reliance Jio Infocomm Ltd at 42nd annual general meeting on September 5th   . Under free welcome offer, user gets to access internet, voice and all Jio offers for free even  Ambani termed it as the largest introductory offer anywhere in the world. Indian telecom sector entered into new era. But during all these events BSE Telecom Index was down by 2.6% .

Is Samsung on verge of becoming next Nokia?

Posted By : Kishore B.S

Years ago when Nokia was the big name in Mobile Phones Industry, Samsung from nowhere grew to became a monster and leader in smart phones business, and did become the market leader since then, their famous models include Samsung Galaxy 1, 2, 3, 4, 5, 6 & 7 & Samsung Galaxy Note 1, 2, 3, 4, 5 & 7 which has been the premium phones under

Bajaj Auto thriving hard to keep up in the premium slot

Posted By : Kishore B.S

Baja Auto, which is been in numero uno slot in prmium sector is seeing competition getting intensified with loads of new entrants in this space with more better looking and performing bikes. To keep upto the growing markets they have lined up slew of launches happening during the festive season and early 2016. Honda, Royal Enfield and other bike makers like Mahindra are slowly coming into

Who Made more money..? You or Ka Ka?

Posted By : Kishore B.S

Bollywood actor Rajesh Khanna fondly called as Ka Ka, bought a bungalow in iconic Carter Road in Mumbai for just Rs.3.5 lakhs in 1970's. His heirs sold it recently for whooping Rs.85 crores. The property has multiplied by 2428 times or say has given an annualized return of 19.38% over 44 years. Samudhra Mahal in Mumbai is another expensive property. A flat purchased in 1970 at

Market Outlook

Posted By : Kishore B.S

Weekly Technical Report. HIGHLIGHTS  NIFTY closed 2.4% HIGHER on the third week of May broke out above 8310 forming bullish inverse H & Pattern  This week NIFTY saw steady up move on the verge of short covering in selective stocks in Pharma, Banks and IT  US markets in a strong uptrend and Asian markets outperformed Indian markets over the week  Foreign Institutional

Weekly Technical Outlook for Week 18 – 23 MAY 2015

Posted By : Kishore B.S

HIGHLIGHTS > NIFTY closed 0.9%HIGHER for the week although wild intraday swings with added volatility and choppiness > The deflationary environment continues with persistently declining negative WPI inflation (more than -2%) based on last week data released > Bank NIFTY recovered from 17600 odd levels after hope of rate cut from RBI due to declining inflation > FIIs still pulled out some money from Indian markets

Weekly Technical Outlook for Week 11 – 16th May 2015.

Posted By : Kishore B.S

Weekly Technical Report HIGHLIGHTS > NIFTY closed 0.1% HIGHER on the first week of May forming Doji on weekly charts after a persisted weakness making low below 8000 (7997) in a complex triple three correction just two points away from proportional target of 7994.80 > The week was a bumpy ride seeing big moves on either side of the indices after weak start ending strong with

Weekly Technical Outlook for Week 27 – 30th April 2015.

Posted By : Kishore B.S

HIGHLIGHTS FOR LAST WEEK >NIFTY closed 3.5% lower on the week on a bearish note due to broad based selling on subdued results across the markets >The week was occupied with negative sentiments across the markets on MAT (Minimum Alternative Taxes) issues which will impact flows from US & UK, subdued quarterly results and expected below par monsoons in North-west & east of India >Technical NIFTY


Posted By : Kishore B.S

HIGHLIGHTS  NIFTY closed 2.3% higher on the week on a positive note due to short covering in heavy weights such as Reliance, ITC, selective Banks, and some brisk buying in Midcaps and small caps  Over all although truncated week it was a broad based rally in NIFTY with most sectors contributing to the rally  Now again Inflation data on Monday and a holiday

Markets Outlook for Apirl 2015

Posted By : Kishore B.S

Nifty is moving sideways and is expected to remain in the same mode, its time for markets to be in correction mode for a few months to come. Trading ideas may remain very limited due to lack of momentum. But at the same time this is an excellent opportunity to invest in some good quality stocks which generally has a higher price but still markets can