Monday, 23 October 2017


Indian Energy Exchange opened sharply lower at Rs 1,500, falling 9 percent against issue of Rs 1,650 per share on Monday.

Indian Energy Exchange opened sharply lower at Rs 1,500 on the National Stock Exchange Monday, falling 9 percent against issue of Rs 1,650 per share.

The stock managed to show some recovery from day's low and hit an intraday high of Rs 1,650 (the issue price), but was still trading lower at Rs 1,626, down 1.5 percent.

The Rs 1,001 crore initial public offer was opened for subscription during October 9-11, with a price band of Rs 1,645-1,650 per share.

It had received good response from investors, with the issue getting oversubscribed 2.28 times.

It was the first IPO by a power exchange in the country.

The IPO comprised of 60,65,009 equity shares (including anchor portion of 7,89,120 shares).

The company had reduced its anchor investors' portion to 7,89,120 shares (against earlier size of 18,19,501 shares) as foreign portfolio investors are not allowed to invest in power exchanges through the primary market route. After listing, they can invest in the exchange.

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Wednesday, 18 October 2017

CS OPENING BELL:


NIFTY SPOT DOWN 29@10204
SENSEX DOWN 234 @32667
BANK NIFTY FUTURES DOWN 220 @24434
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Commodity tips

Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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Tuesday, 17 October 2017

CS OPENING BELL:


NIFTY SPOT DOWN 10@10220.90
SENSEX DOWN 29@32605
BANK NIFTY FUTURES DOWN 18 @24725
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Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647A

Monday, 16 October 2017

CS OPENING BELL:


NIFTY SPOT UP 69@10240
SENSEX UP 234 @32667
BANK NIFTY FUTURES UP50 @24782
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CapitalStars is trusted for providing advice pertaining to the needs of investors and their financial situation.It has a strong grip on Indian Stock Market as well as Commodity Market. They provide expert technical analysis and information of stocks.On the other hand, our Company advises the investors to invest their money in the right direction which can provide them great value for their money.


Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647A

Saturday, 14 October 2017



RBI policy is anti-growth, must cut rates to balance inflation: Ficci chief

'Inflation is necessary irrespective of growth. There has been no growth without inflation,' Patel said

Ficci President Pankaj Patel on Saturday slammed the Reserve Bank of India over its reluctance to cut interest rate, saying its policies were "not industry- friendly" and posed a hurdle in the country's economic growth.

In its latest monetary policy review on October 4, the RBI had kept the policy rate unchanged at 6 per cent even as it cut the growth forecast to 6.7 per cent for the current financial year.

Patel said such a move was "anti-growth".

"RBI is not behaving properly. It (RBI policy) is anti-growth," Patel told a group of Indian reporters here.

Indian industry, Patel said, wishes that there be a drop in interest rates, on which, he said, the RBI has adopted a rigid approach.

"We want a drop in interest rate. This (interest rate) is a huge problem now for us. The real interest rate in India today is touching six per cent," he said, arguing that there should be a balance between growth, inflation, and interest rates.

"Inflation is necessary irrespective of growth. There has been no growth without inflation," a visibly upset Patel said, adding that his views were known to the RBI and the government.

Patel is leading a delegation of Indian industrialists to attend events on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.

"A tighter monetary policy is hurting India's economic growth," Rashesh C Shah, senior vice-president of Federation of Indian Chambers of Commerce and Industry (Ficci) said, as he chipped in to express the prevailing sentiment against the RBI among the countrys corporate sector.

"On the other hand, the government has adopted a business-friendly policy," said Shah.

Ficci Secretary General Sanjaya Baru said it is a myth that there is no new jobs creation.

"Because we do not have to produce annual employment data, so everyone is talking in thin air. The bulk of the workforce has been created in sectors that have created this six percent growth," Baru said, adding that a lot of these jobs are in informal sectors.

CapitalStars is trusted for providing advice pertaining to the needs of investors and their financial situation.It has a strong grip on Indian Stock Market as well as Commodity Market. They provide expert technical analysis and information of stocks.On the other hand, our Company advises the investors to invest their money in the right direction which can provide them great value for their money.


Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647A

Friday, 13 October 2017

CS OPENING BELL:


NIFTY SPOT UP 27@10125
SENSEX UP 95 @32278
BANK NIFTY FUTURES UP77@24475
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CapitalStars is trusted for providing advice pertaining to the needs of investors and their financial situation.It has a strong grip on Indian Stock Market as well as Commodity Market. They provide expert technical analysis and information of stocks.On the other hand, our Company advises the investors to invest their money in the right direction which can provide them great value for their money.


Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647A

Thursday, 12 October 2017

CS OPENING BELL:


NIFTY SPOT UP 5@9992
SENSEX UP 2 @31832
BANK NIFTY FUTURES DOWN 19@24092
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CapitalStars is trusted for providing advice pertaining to the needs of investors and their financial situation.It has a strong grip on Indian Stock Market as well as Commodity Market. They provide expert technical analysis and information of stocks.On the other hand, our Company advises the investors to invest their money in the right direction which can provide them great value for their money.


Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647A

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