Down

Now monthly Contracts have Stiff resistance at 11000.

The more nifty spends time below 200 Moving average the more weaker it becomes or Bulls will loose grip...

Now nifty has Spent almost more then 20 days below Moving average.

So Nifty will not tough 12000 again atleast till December.

Final Verdict Expecting Nifty to come to 8500-9000 zone by this December .


Although it seems Unrealistic but let's see how markets pan out.

Thank you All Readers for Appreciation.

FINANCE Minister will be live in evening today @ 5pm To Discuss
FPI SUR CHARGE REVIEW & TO
ROLL BACK FPI SURCHARGE.
LETS C
MONDAY GAP UP OR GAP DOWN

Finance Minister PPT.pdf

FINALLY FINANCE MINISTER REMOVED FPI SURCHARGE
AS THEY REALISE
THERE POWER & ROLE IN INDIAN EQUITIES.

PSU RECAP FUNDING

BREAKING: China plans to levy retaliatory tariffs on another $75 billion of U.S. goods and resume 25% tariffs on U.S. autos. China says new tariff rates will be levied on 5,078 U.S. products ranging in between 5% to 10%. Tariffs to start from Sep 1 and from Dec 15.

UPDATE : CHINA SAYS CRUDE OIL IS AMONG U.S. PRODUCTS SUBJECT TO TARIFFS OF 10% FROM SEPT 1

Bad News for global markets good for bullion

Two good things from FM Press Conference till now

👉 Surcharge on Capital Gains goes for all Shareholders domestic as well as FPIs. Very good

👉 Upfront Capital for PSU Banks. Rs 70000 Cr will be very positive prior to the start of the festival season.

Companies With Highest FPI Holdings

HDFC: 74.70%
Shriram Transport: 57.70%
ICICI Bank: 56.80%
Indusind Bank: 56.70%
Indiabulls Housing: 52.70%
UPL: 51.20%
Just Dial: 51.10%
Infosys: 50.80%
HDFC Bank: 50.20%
Axis Bank: 49.60% #nifty-50

NIFTY HIGH - 11000
NOW - 10940
AS EXPECTED
RESISTANCE - 11050/11111/11200
SUPPORT - 10800/10700

$ - 72
GOLD AT ALL TIME HIGH
STOCK SPECIFIC ACTION TO BE SEEN

MARKET CAP

TCS - 8.50 Lac CR

Vs

TATA MOTORS - 34700 Cr
TATA MOTORS DVR - 2650 Cr
TATA STEEL - 39000 Cr
TATA CHEMICAL - 14000 Cr
TATA COFFEE - 1300 Cr
TATA POWER - 14700 Cr
TATA ELXSI - 4000 Cr
TATA SPONGE IRON - 1800 Cr
TATA METALLIC - 1400 Cr
TATA COMMUNICATIONS- 12000 Cr
TINPLATE - 950 Cr

TOTAL MARKET CAP OF ALL COMPANIES = 126500 Cr

TCS MARKET CAP = ONLY 15% MARKET CAP OF ALL OTHERS COMPANIES OF TATA GROUP.