Domestic gas prices reach 2-year high, CNG and PNG will be expensive

Equity Tips | MCX Free Tips

The government has increased prices of natural gas by 6% to $ 3.06 per MMBTU. With this, natural gas prices have reached the highest level of two years in the country. The impact of this decision can be seen as an increase in prices of CNG and cooking gas. It will also have an effect on gas-based power generation, which can see an increase in electricity prices.

Equity Tips

Will apply from April 1, new prices

, most will be domestic fields radiated Natural gas prices British $ 3.06 per million from April 1, thermal unit (mmBtu), according to Oil a notification issued by the Ministry of Petroleum Planning and Analysis Cell, which is currently 2.89 The dollar is This increase will be applicable for 6 months.

Prices vary every 6 months Prices of

natural gas are fixed every 6 months on the basis of average rates in countries with U.S., Russia and Canada, such as gas surplus. India imports almost half of its gas requirement, whose prices have doubled in comparison to the domestic rate. 

This is the second increase, and it will be the highest level since April-September 2016, when the cost of this product was almost the same for the domestic producers.

 Oil and Natural Gas Corp (ONGC) and Reliance Industries Ltd will increase the earnings of ONGC and RIL due to increase in price, but the prices of CNG and piped cooking gas will increase. The natural gas is used as input. 

Apart from this, the government's prices of gas from remote areas like deep sea, extremely deep water, high temperature and high pressure fields have been reduced to $ 6.78 per mBtu, while at present the price is $ 6.30.

CNG and PNG will be expensive

due to this increase, cost of Domestic Gas Based Power Generation will increase by 3 per cent. Simultaneously, the prices of CNG and piped cooking gas will increase by 50-55 paise and 35-40 paise per cubic meter of cubic meter respectively. 

However, the revenues of gas producers like ONGC will increase. On the increase in gas prices by $ 1, the revenues of the government company increase by Rs 4,000 crore annually. ONGC is the largest gas producer in the country, which has a 70 per cent share in 9 million standard cubic meters per day of current output. 

Formula was fixed in 2014

Along with ONGC, Oil India and Private Sector Regulator RIL's gas from KG-D6 block is sold on the basis of fixed formula in October 2014. However, gas emissions from Panna / Mukta and Fields like Western Offshore and Rawa of Bengal Bay in Tapti are not within the purview of this formula.

The increase was three years later 

, the gas price for the last October, 2017 to March 2018 was increased to 2.89 per MMBTU, while in the last 6 months the prices were $ 2.48. This was the first increase in almost three years.

Read Also:-  Equity Tips For Today’s Market

Regardless of market uncertainty, rural-based stocks will get safer, up to 42%

Best Stock Advisory | Free Intraday Tips

This year, the BSE Sensex and the Nifty-50, both the major indices have weakened more than 10%. Meanwhile, there is also a decline in the mid-caps and the smallcap index. Negative sentiment dominates the market at both the domestic and global levels at the moment. Experts believe the stock market will be under pressure for a few months. There is no expectation of more rally during this time. He says that the market with uncertainty is better to invest in rural theme stocks. The government also has a special focus on the rural sector. Experts have advised to invest in Siyaram Silk, Blue Star, Parag Milk Food, Colgate Pomoleve and Ambuja Cement. 

Best Stock Advisory

Fall in the market 

Experts believe that there is pressure in the market due to poor sentiment at the domestic level. At the same time, in the world's 2 major economy, Trade War has spoiled centimeters at the global level. Its effect will not only appear in Expiry Week but also in the next few more trading sessions. According to Jitendra Modi, CEO of Samco Securities, there is little hope of a big rally in the market in terms of mid-term. There is no mantram at the domestic level, there is pressure in markets around the world. Its effect will continue on the market. 

Sensex

Global Financial Services Major Bank of American Merrill Lynch (BofAML) may also come up to 32 thousand  estimates of the continued decline in the domestic market. According to BofAML, by December this year, the Sensex may break more than 1000 points from the current level to 32 thousand level. 

It is better that 

Amarjit Mourya, Assistant Vice President-Research (Midcap), Angel Broking, says that when there is a volatility in the market, in such a situation, the combination may be the right option for investment based stocks. He says that some of the stocks of such stocks are good at the fall. Earning looks in them. At the same time, the government is giving boost to many sectors by strengthening the rural economy. Demand for the increase in the incremental income will increase. It can get good returns in composition based shares. 

Rural Sector Outlook Better

According to a report by Bank of American Merrill Lynch, the outlook of rural and related sectors in India is better. The government had made big announcements in the budget for the rural sector, whose implementation would start before the 2019 general elections. The government is working on increasing the income of new jobs and farmers' income through rural sector. In such a situation, increasing demand in the rural areas will also increase demand, which will improve corporate earnings. With this, FumCG, cement, food and beverages and auto sector will be of special benefit. 

 Advice on which stocks to invest ...

Siyaram Silk Mills

Siyaram is a junky  textile company and the company's business network is strong. The company has more than 1600 dealers and business partners all over the country. There is a 160 retail retail network and the company is expanding it to a target of 500. Siyaram Silk's brand quality is Better and the number of customers is increasing steadily. The company is also coming in Ladies Salwar kameez and ethnic wear. At present, Amarjeet Maurya has given a target of 867 rupees for the stock. For the current price of Rs 615, the share can get 41% returns. 

Parag Milk Food 

Parag Milk Food India Leading Dairy is involved in companies. The company's product portfolio is strong and has 15 consumer centric product cuttings. The company has a good grip in the market and there is a good demand in both rural and urban areas. Growth potential is more in the industry, hence Organized Players will benefit. Brokerage house JAM Financial has given a target of Rs. 330 for the stock. For the current price of 254 rupees, the share can get 30 per cent returns. 

There is a recovery in the Colgate-Pamolive India Oral Care Market, which will be benefited by the company. The company's tooth brush market is stable. Recently, the new product service Vedasakti has got a better response, which is planning to launch Pan India. This will help the company to increase the market share. Consumer Focus is also planning on bringing new products. HDFC Securities has set a target of Rs 1204 for the stock. For the current price of 1043 rupees, the stock can get 15 percent return. 

Blue Star

Is one of India's largest companies producing blue star air conditioners. The focus of the company is on the cooling product division, due to which the company's hold on the AC market is strong. The company has launched in the new technology product market. Due to which the demand is also strong with the company. Amarjeet Maurya has given the target of Rs 867. For the current price of Rs 762, the share can get 14 per cent returns. 

Ambuja Cement

Is the Leading Cement Production Company of Ambuja Cement Limited India. The company's product reach is strong in the domestic market as well as export. The company has taken measures to cut castings in the past, which will benefit. At the same time, Ambuja Cement will also get the benefit of the company's focus on premium products. The advantage of a scheme like Affordable Housing is also available. At the same time, the demand for rural economy will also increase. Brokerage house Reliance Securities has set a target of Rs 310 for the stock. For the current price of Rs 231, the share can get 34 per cent return.

Read Also:- Free Stock Tips for today's market

Stock Market Negative Returns SIP, Major MF Scheme Up To 9% Declining

Equity Tips | MCX Free Tips

Due to the decline in the stock market over the last two months, the return of Systematic Investment Plan (SIP) has been negative in many equity mutual fund schemes. The returns of one-year's SIP in several equity mutual funds are up to 9 percent negative. Although most of the information believes that this time is not to stop investing in SIP, doing so will only cause more damage.

Equity Tips

Stock Market Crashed By Three Shocks

Since the budget is introduced on February 1, the stock market is continuously falling. In the budget, there was a proposal of dividend distribution tax along with long-term capital gains tax in the stock market. This led to a decline in the stock market for several days. As soon as the fall was there, the Fraud was found in PNB. Later similar frauds appeared in many other banks. After this, the recession began again in the stock exchanges. After this, when everything seemed normal then now the trade war started between the United States and China. It is affecting the whole world. This has also seen a decline on the Indian stock exchange.

Fall in the stock market

According to Ajay Kejariwal, President of Choice Broking, the fall in the stock market remains intact. The Indian stock market has witnessed a big fall But later markets have set new records on their fundamentals. But they have got good advantage, who invested in the right place during the fall. There are some occasions in every fall, they need to understand them. If someone's SIP is operating in a good equity mutual fund, then he must continue. Anyway, it is said that investing in SIP should be done for a long time. Even today if someone's SIP has been running for more than 3 years then it is not harmed. Its returns may be fewer, but such investors are in profit. Therefore, worrying about this decline should not stop investing in SIP.

Do not try to time the market investor

According to Mridul Kumar Verma, Vice President in Stockkhana, investors should not try to time the stock. Because it is not possible to know when the market will be at the top when it is lowest. In such a scenario, it should be invested only by creating a special strategy. At this time, the returns of many SIPs of one year have been negative, but this does not mean that the investment should be closed. If SIP is running in the good scheme, then it must continue in this fall period. Its advantage is very good later on.

SIP invested in negative

According to Ape Corporation of Financial Advisor firm BPN Finkap, investing through SIPs is best at such a time of decline. The main basis of investment through SIP is to invest more and more in the fall. Through this, the form of averaging works in the investment. The higher the investment in the fall, the better the average of the mutual fund scheme will be. After this, when the stock market goes up a little bit then the investor will get good returns. Therefore investors of SIP should not shut this down in this fall. This time is good for investing. The fall period does not go much longer, in such a situation as soon as the stock market starts to improve, investors will soon be able to see the benefits.

 Returns of some schemes invested through SIP

Mutual fund scheme	Negative return in 1 year
Reliance Vision Fund	-9.04 percent
BNP Paribas Midcap Fund - Direct Plan	-7.40 percent
Birla Advantage Fund	-5.27 percent
JM Multi Cap Strategy Fund	-4.61 percent
Motilal Oswal Focused 25 Fund - Regular Plan	-4.35 percent
HDFC Equity Fund - Direct Plan	-2.62 percent
Reliance Focused Large Cap Fund - Direct Plan	-2.60 per cent
DSP Focus Fund	-2.22 percent
Bidla Top 100 Fund	-2.57 percent
Escorts High Yield Equity Fund	-2.34 percent

Note: Data for March 22, 2018

Read Also:-  Free Intraday Tips for today’s Market

EPFO has raised the profitability of the stock market, more than 20% returns | Equity Tips

Equity Tips | Free Intraday Tips

Employee Provident Fund Organization EPFO ​​has achieved more than 20 per cent returns annually by placing the money of provident fund of the members in the stock market during the last two years. However, EPFO ​​has recommended 8.55% interest on PF for this year i.e. 2017-18. Under current rules, EPFO ​​can invest 15% of the investable PF fund in the stock market. 

Equity Tips

Return on investment in stock market more than 20% 

According to the data released by the EPFO, the EPFO ​​has invested a total of 37,667.38 crores in the exchange traded fund ie ETF between August 2015 to December 29, 2017. In this period, EPFO ​​received a total return of 20.65% on ETF investment. In view of the improved return from the EPFO ​​stock market, EPFO ​​can ask for increasing the limit of investment in the stock market. This can give better interest on PF. 

Most investment investment in SBIBI Mutual Fund 

EPFO has the highest 27,852 89 crore invested in SBI Mutual Fund EPFO received a total return of 19.96 percent on this investment. After this, the EPFO ​​has invested the second largest Rs 5,982.14 crore in the UTI Mutual Fund. UTI Mutual Fund received a total return of 24.71% on investment. Total investment of 1807.81 crores in EPFO ​​Central Public Sector Enterprises Here's the return of 21.08 percent in the last two years. 

India gets highest return in 22 

EPFO has invested a total of Rs 2,024.75 crores in 22 exchange traded funds in India. With investment in India 22, EPFO ​​received the highest return of 71.56 per cent. 

ETF starts at 5% 

EPFO has started investing in ETF from August 6, 2015. At the beginning, ETFs had a total of 5 per cent investment. At the beginning, the EPFO ​​was allowed to invest only in the SBI Mutual Fund ETF. Later, the central government had also given permission to invest in UTI Mutual Fund. The central government later increased the limit of investment in the stock market to 10 per cent and after this it increased to 15 per cent. 

EPFO manages the funds of more than 8 lakh crores of its members. At present, the number of active members of EPFO ​​is about 5 million. 

Read Also:-  Live Commodity Tips for today’s market

Centrally weakened by oversight, crude moves ahead of US policies | Live Commodity Tips

Centrally weakened by oversight, crude moves ahead of US policies

Live Commodity Tips | Free Stock Tips

Over the past few weeks, crude oil is trading in the middle of the ups and downs. In the international market, crude is trading in the range of 60 to 64 dollars per barrel. Experts say that despite the constant increase in production in the US, crude prices have not been reduced. The reason for this is that OPEC and its allies continue to cut the crude production in an effort to increase prices. At present, the credit sentiment is weak due to overproduction in the US. Despite this, crude prices are not expected to fall further. Crude moves ahead on US policies.

Live Commodity Tips

US Centric will market

says Kedia Commodity director Ajay Kedia that crude prices will guide the US now. Crude's shoretage took place in the market by pursuing the decision of production cut by OPEC countries. But America increased the production by uprooting this short-stock, thereby stabilizing crude prices. At the same time, the US is not yet ready to reduce crude production at any cost. Data in the US has improved, job growth. Due to this, further demand for crude will be higher there itself. At the same time, America wants to keep its position even better in the export market. 

According to the International Energy Agency (IEA) at Production Alltime High in US, global oil supply has increased from 97.9 million barrels per day to 7,00,000 barrels per day last year. Inventory in the US is constantly increasing. In January, crude stock has increased from 2 million barrels to 5 million barrels. At the same time, US produced 10.38 million barrels of crude per day, which is all-time high.

Researchers Said, “Shells have increased in America. In America, the number of oil rigs has increased. Last week, American energy companies opened 4 oil rigs. With this the number of oil rigs increased to 800. Prices increased slightly due to increase in oil rigs. 

In the event of Russia's reversal of the

world's oil production countries, the US will move to No. 1 in 2019, excluding Russia. The International Energy Agency said that America's Shell Oil production is growing rapidly, in the global oil market, it will soon reverse Russia. It is believed that by next year America will become number one in crude oil production.

Supported by these facters,

Kedia says that the US may re-introduce economic restrictions on Iran. Geopolitical tension will increase in the case of economic sanctions. Apart from this, tension of crude will also be available in Saudi Arabia and Iran. At the same time, Anuj Gupta said that due to financial constraints, crude production in Venezuela has decreased considerably. Compared to 2005, the production of crude has remained half, which is a supportive for the oil market. This can lead to sharp decline in supply.

Good data support in China

Commodity Expert Anuj Gupta said that there is hope for good data from China. China, Europe and America have big consolidation of crude. Due to demand impulses in China, crude will get support. However, data in the US is not good. But American production is increasing the gap between demand and supply by which crude will get support.

Prices will be between $ 60 to $ 68 

Energy Expert Narendra Taneja says that the past few weeks have seen fluctuations in crude prices. Deficit prices of petrol and diesel are decreasing in crude prices. But there is pressure on crude prices from the restriction of sanctions on Iran. At present, crude prices are unlikely to be low. For the next 6 months, crude will remain in the range of 60 to 68 dollars per barrel.

Read Also:- Free Intraday Tips for today's market

Pricing pressure will continue in pharma sector; Best Stock Advisory

Pricing pressure will continue in pharma sector; Best Stock Advisory

Best Stock Advisory | Free Stock Tips | MCXFree tips

Secondary sales growth of the Indian pharmaceutical market is better than last 3 months. Growth was 8.1 percent from December to February. But mainly on the companies operating in the US, there is a pressure of about 9 quarters. Experts say pricing pressure will continue, which will impact the profits of the companies. However, the impact of problems in the pharma sector will not affect all companies. Investors should stay stock-specific and invest in long-term perspectives. Especially those whose exposure is higher in the Indian market.

Best Stock Advisory

Srikanth Akolkar, Pharma Analyst, India Infoline (IIFL), which will be on profitability  , says that in the beginning of fiscal year 2018, the price pressure started on companies operating in the US generic market which has remained so far. Companies have to lower their product prices due to the increase in competition in the market and the policy change in the US government's pharma market. This pressure will continue even further. In such a way, companies focusing on generic drugs will have an impact on the profitability of the US market. Although Indian companies which have a large base and their business modules are better, hopefully they will handle the pressure.

In the long run, Gaurang Shah, head investment strategist , of Stable Outlook  Geojit Financial Services Limited, says that any problems of the pharma sector will take some time to get rid of it. However, the companies which have higher exposure in the Indian market do not have much trouble. Investment in good shares is advisable from long-term perspective. At the same time, according to rating agency India Ratings, there is stable growth in the domestic market. Sales growth is better. There is also growth in overhauling new product launches. The volume growth of generic drugs is also good in US and European markets. Even after the pressure, the sector's outlook looks stable in the long run. 

According to the report of the Motilal Oswal, brokerage house brokerage for the sector, between December and February, there has been 8.1 percent growth in secondary sales. At the same time, Volume Growth Strong has been made for 2 months. Volume growth in February was 6.5 percent. New product launches are stable from 3 to 4 quarters. It has 2.8 per cent growth in February. 

Gaurang Shah, Geoj Financial Services 

Arvindo Pharma

Target: Rs 880, Current Price: 572 Rupees 

Returns Estimates: 54 Percent

Netco Pharma

Target: Rs 925, Current Price: Rs 761  

Returns Estimates: 22%

Shrikant Akolkar, India Infoline

Netco Pharma

Target: Rs 1006, Current Price: Rs 761  

Returns Estimates: 32 Percent

Alchem ​​Lab

Target: Rs 2550, Current Price: 2121 

 Returns Estimates: 20 Percent

Boycone

Target: 750 Rupees, Current Price: Rs 579

Returns Estimates: 30 Percent 

Brokerage house Prabhudas Leeladhar 

Arvindo Pharma

Target: 909 rupees, Current Price 572 

Returns Estimates: 59 Percent

Read Also:- Best Stock Advisory for today's Market

Top intra-day tips for Monday business, trade in these stocks | Free Intraday Tips

Equity Tips | MCX Free Tips

For Monday's business, the market expert has advised to invest in Idea Cellular, Can Fin Homes and sell in NIIT Tech. You can earn by trading on the basis of the strategy given below. Experts believe that these stocks in intra-day can give good returns.

Free Intraday Tips

Idea Cellular (BUY)

Stop Loss - 79 

Target - 85

Can Fin Homes (BUY)

Stop loss 530 

target-555

NIIT Tech (SELL)

Stop loss 950 

target-900

Read Also:-  Share Market Tips | Keep these companies on high dividend paying dividends, get better returns in long term

Sebi allows UCX to exit commodity business | Live Commodity Tips

Sebi allows UCX to exit commodity business

SEBI Registered Company in Indore | Live Commodity Tips

Markets regulator Sebi today allowed the Universal Commodity Exchange (UCX) to discontinue operations as a commodity bourse. 

Live Commodity Tips

In 2012, UCX was granted recognition as a multi-commodity exchange.

The board of UCX had suspended trading operations with effect from July 16, 2014 in view of the "drastic" decline in trading volume.
Thereafter, the exchange has made no attempts for revival of trading and not formulated any plan for the purpose of its revival, according to a Sebi order.

"I... allow the exit of the Universal Commodity Exchange, as a stock exchange and consequent withdrawal of recognition granted to UCX," Sebi Whole Time Member Madhabi Puri Buch said.

The regulator has allowed UCX to make an exit after considering all the facts pertaining to UCX as well as the relevant documents, valuation report, submission by the shareholders of UCX.
Buch also noted that all known liabilities as on date have been brought out in the valuation report.

"UCX has substantially complied with all the conditions contained in the Exit Circular, 2016 and shareholders have submitted an undertaking to state that," Buch said.

"Therefore, I am of the view that it is a fit case to allow exit to UCX in terms of... the Exit Circular, 2016," she said.

In January 2016, the Securities and Exchange Board of India (Sebi) had issued a circular laying out the mandatory requirements or exit policy for all commodity derivatives exchanges.

According to the circular, if there is no trading operation on the platform of any commodity derivatives exchanges for more than twelve months, then such exchange is liable to exit.

Read Also:- Share Market Tips for today's Market

Live Commodity Tips | India’s Super Rich Investment Stocks

Live Commodity Tips | India’s Super Rich Investment Stocks

Live Commodity Tips | Free Stock Tips

The country's super rich (whose wealth is worth $ 5 million i.e. around 325 crores) is chasing gold. This is not the first choice for the investment of these rich. Apart from this property also disillusioned with the rich. In these two places, the country's Super Rich has reduced its investment.

Live commodity Tips

Where are you putting money

The country's super rich are currently putting their money in the stock market. The situation is that compared to the world's wealthy, India is the biggest investor in the rich stock market by percentage. While the wealth of the world is 60 per cent of the stock's investment, India's Super Rich investment has an average of 95 per cent. 

Where else is the investment

India's Super Rich has also increased its investment in the form of Private Equity. Whereas the world's super rich are putting 45 per cent of their investment money as private equity, then India's Super Rich is using about 66 per cent of its investment capacity in the form of Private Equity. Through this money is levied in listed and unlisted companies. 

Read Also:- Free Stock Tips by TradeIndia Research

Bonds are also preferred for investment

The investment of the country's super rich has increased in bonds. Compared to the world's richest, India's Super Rich is investing heavily in this market. While the world's rich are investing at an average 30 per cent in this market, Indians have invested up to 35 per cent in bonds. 

Indian super rich option is not crypto currency 

While the world's super rich are investing heavily in crypto currency, India's super rich is not getting it. While the world's super rich investment in crypto currency is up to 21 per cent, India's super rich crypto invests only up to 18 per cent in the currency. 

Broken temptation from property

India's super rich property is badly broken by the property. While the world's super rich are investing up to 56 per cent of the property, India's Super Rich is only investing 13 per cent in the property. For the last several years, the rates of property in India have not increased in the way they were growing earlier. 

Revealed in Knight Frank's report 

According to Bloomberg, Knight Frank has prepared this report after taking responses from 500 private bankers and wealth advisers, including India. The world's super rich list is released every year. 

Read Also:- Best Stock Advisory For Today’s Stock Business

Gold in dollar weakness, price reached Rs 31515 per ten grams | Live Commodity Tips

Gold in dollar weakness, price reached Rs 31515 per ten grams

Live Commodity Tips | Free Intraday Tips

Increased purchasing by strong global trend and local jewelers strengthened gold prices. On Wednesday, gold rose by Rs 65 to Rs 31,515 per ten grams. Silver also rose by Rs 60 to Rs 39,560 per kilogram. The main reason for the rise in silver is the increasing demand for industrial units and coin makers.

Live Commodity Tips

Given these reasons, gold traders said that with weakness in the dollar, there is trends in the strength of gold in the global market, which has an impact on the Indian market too.
Gold in the global market rose 0.11 percent to reach $ 1,327.30 an ounce. Silver rose 0.21 per cent to $ 16.59 an ounce. He said that besides the increase of local jewelers in the domestic spot market, the trend of strengthening also showed.  

In the national capital, gold of 99.9 and 99.5 per cent purity rose by Rs 65 to Rs 31515 and Rs 31365 per ten gram respectively. Prices of Guinea (8 grams) remained steady at Rs 24 thousand.
On the other hand, silver continued to rise further by Rs 60 to Rs 39560 per kg. On the other hand, weekly-based delivery moved up by Rs 125 to Rs 39,000 per kg.

Read Also:- Share Market Tips for Today’s Market

Live Commodity News & Tips | Open market, Sensex down 100 points weak and Nifty below 10400

Live Commodity Tips | Equity Tips | Free Intraday Tips | MCX Free Tips

On the third trading day of the week with weak global signs open on Wednesday with the stock market declining. Sensex breaks 123 points at 33733 level at the beginning of business At the same time, the Nifty is also below the 10400 level with declines. On Tuesday, the Sensex was closed at 33856, while the Nifty flat closed at 10421 level. 

Live Commodity Tips

Bank stocks fall

Selling in banking, FMCG, metal, oil & gas and power shares is showing. On the Nifty, the PSU bank index is showing 1.94 per cent fall. At the same time, the Nifty bank is down 0.75 percent. The private bank index is down 0.71 percent. However, good buying is seen in IT stocks. The index looks 0.62 percent stronger.

 These stocks boom

Tech Mahindra, Ambuja Cement, TCS, GAIL and HCL Tech are up 1.68 per cent in the beginning of the business. At the same time, Infratel, BPCL, Hindustan Petroleum, Adani Port, Tata Steel, Axis Bank and ICICI Bank are down 1.7 per cent. 

Midcap, sold in small clocks

Even mid-caps and smallcap stocks are showing light sell. BSE's mid-cap index has dropped 0.2 percent, while the mid-cap index of the Nifty has dropped 0.3 percent. BSE's smallcap index is showing a decline of 0.25 percent. 

In midcap stocks, Canara Bank, Bank of India, IDBI Bank, Union Bank and Reliance Communications lose 1.9 to 3.6 percent. On the other hand, Vikranti, NBCC, Kansai Nerolac, Amphassis and Biocon are seeing an increase of 5%. Smallcap stocks have a decline in PinCon spirits, Shobha, KDLL, Andhra Bank. At the same time, Waterbase, Ansal Properties, Flexetf International and Fortis are looking forward. 

TradeIndia Research is the SEBI registered company in indore give best advice on stock commodity and forex market, we also grant mcx free tips, free intraday tips and Free Stock Tips.

SEBI returns NSE’s consent application in algo scam | SEBI NEWS

SEBI Registered Company in Indore | Equity Tips | Live Commodity Tips

SEBI Registered Company In Indore

Mumbai: The Securities and Exchange Board of India (Sebi) has returned the consent application filed by the National Stock Exchange (NSE) and some of its executives in the colocation case, delaying its share-sale plans.

The regulator wants to investigate the alleged preferential treatment to a few high-frequency traders and brokers to the exchange’s trading platform before considering the consent application.

Consent orders are similar to out-of-court settlements in securities law parlance. The entities involved seek to settle without admitting guilt. The Sebi move is expected to delay NSE’s initial public offering. Colocation is the positioning of servers in proximity with those of the exchange to reduce latency to the minimum.

“NSE is in receipt of a letter from Sebi returning the consent application filed by NSE in the colocation matter, on account of ongoing investigations relating to the same matter. NSE can file the consent application after the completion of the investigations. NSE intends to do the same in due course,” the bourse said in a release.

The exchange had filed its draft prospectus in December 2016 and originally planned to hit the market by 2017. It now expects the share sale to take place next year.

“NSE is committed to resolving the regulatory issues expeditiously,” it said. “As stated earlier, the timeline for the IPO is dependent on the resolution of the regulatory matters with Sebi and we are hopeful we will be able to do the IPO in fiscal 2019.”

NSE and its 12 officials — both former and serving — will have to refile their application after the regulator completes its investigation against the brokers who were allegedly involved in the colocation case. Sebi has initiated its own probe to ascertain the nexus between brokers and the exchange and its executives.

“Consent regulations prescribe for completing the fact-finding investigation before Sebi would consider an application. This is particularly true of complex cases and is rooted in logic,” said Sandeep Parekh, founder of Finsec Law Advisors. Arriving at a consent decree is difficult if the nature of the underlying violation is not known, he said. The case dates back to 2015, when a whistleblower wrote a letter to Sebi alleging that NSE gave preferential access to a few high-frequency traders and  brokers to the exchanges' trading platform.

Last year in May, Sebi had issued showcause notices to the exchange and its officials asking them to explain the alleged irregularities. The NSE filed its consent application with Sebi in July last year, soon after Vikram Limaye took charge as its CEO. Subsequently, the officials involved also filed for a consent decree. 

TradeIndia Research is the SEBI registered company in indore give best advice on stock commodity and forex market, we also grant mcx free tips, free intraday tips and Free Stock Tips.

NCDEX, MCX, International Market Updates [09.03.2018]

MCX Free Tips | Free Stock Tips

NCDEX SUPPORT & RESISTANCE LEVEL[09.03.2018]

SOYABEAN FUTURE

R2–3820

R1 -3790

S1-3730

S2-3700

RMSEED FUTURE

R2 –4260

R1- 4230

S1-4170

S2-4140

JEERA FUTURE

R2 –14800

R1-14600

S1-14200

S2-14000

DHANIYA FUTURE

R2 –5650

R1-5550

S1-5350

S2-5250

CASTOR SEED FUTURE

R2 –4230

R1-4200

S1-4140

S2-4110

INTERNATIONAL MARKET UPDATES [09.03.2018]

International market updates

MCX SUPPORT & RESISTANCE LEVEL [09.03.2018]

MCX FREE TIPS

TradeIndia Research is the SEBI registered company in indore give best advice on stock commodity and forex market, we also grant mcx free tips, free intraday tips and Free Stock Tips. To get most authentic tips with 24/7 proper assistance & fast SMS/ messenger facility.  Join our Whatsapp Group @ 9300421111 Or call @Toll Free No 9009010900