The ghastly attack on CRPF personnel in Pulwama is despicable. We strongly condemn this dastardly attack. Imperial Finsol Family prays and pays respect to all the shahid members & their families. praying for the speedy recovery of injured.
Indian Indices Nifty & Sensex along with some more prominent sectors, Nifty Closed Worst Week In Nearly Four Months.
Nifty started a journey of the week with 10930.9 and land up with 10724 down by around 2%
Some more Observations of Week.
1) 39% stocks showed a positive result of around 461 stocks, 41% stocks are flat around 483 stocks & 21% is negative of around 248 stocks.
2) Total deposits in Jan Dhan accounts are set to cross Rs 90,000 crore with the government making the flagship financial inclusion programme more attractive especially by doubling accident insurance cover to Rs 2 lakh.
3) Indian IT sectors are gain bullish and reported the fastest delivery of returns in the last 18 quarters. the Sector which was looking absolutely bearish in 2 years ago becomes the highest growth contribution in nifty50
4) The National Company Law Appellate Tribunal today directed 22 domestic subsidiaries of Infrastructure Leasing & Financial Services Ltd. to service their operational and financial debt obligations.
5) Indiabulls Asset management & DHFL PRAMERICA mutual fund assets are down by 50% in the last quarter of December. that shows non-banking finance companies are still having issues in their books.
6) Crisil recently comes across the ratings of the mutual funds across the category, however, our experience says that do not buy the funds just looking into the past performance and the rating. Most of the time 1st years highest rating funds become next year laggards.
7)Jet board today agreed to give lenders the majority stake of 50.1% by converting part of its debt to equity as the airline battles a cash crunch.
ELECTION-2019
This data & our analysts feel that if Modi gets 200+ majority more or fewer PM Modi may be acceptable to the allies if not then its really difficult for the Modi to again resume in PMO and BJP need to see some other option like Nitin Gadkari or Some dark horse.
3) Indian IT sectors are gain bullish and reported the fastest delivery of returns in the last 18 quarters. the Sector which was looking absolutely bearish in 2 years ago becomes the highest growth contribution in nifty50
4) The National Company Law Appellate Tribunal today directed 22 domestic subsidiaries of Infrastructure Leasing & Financial Services Ltd. to service their operational and financial debt obligations.
5) Indiabulls Asset management & DHFL PRAMERICA mutual fund assets are down by 50% in the last quarter of December. that shows non-banking finance companies are still having issues in their books.
6) Crisil recently comes across the ratings of the mutual funds across the category, however, our experience says that do not buy the funds just looking into the past performance and the rating. Most of the time 1st years highest rating funds become next year laggards.
7)Jet board today agreed to give lenders the majority stake of 50.1% by converting part of its debt to equity as the airline battles a cash crunch.
This data & our analysts feel that if Modi gets 200+ majority more or fewer PM Modi may be acceptable to the allies if not then its really difficult for the Modi to again resume in PMO and BJP need to see some other option like Nitin Gadkari or Some dark horse.
