Broking and research house WealthRays Securities today said it has introduced a unique plan for research recommendations under the name 'pay only when you make money'.The Bangalore-based company has launched prepaid recharge vouchers of Rs 1,000, Rs 2,000, Rs 5,000 and Rs 10,000 for research service account in which customers will get an average 3 recommendations per day in each segment they choose, including derivatives, commodities and currency, WealthRays Securities CEO Kiran Kumar Kavikondala told reporters here.
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Indian equity markets witnessed a volatile session today as RBI kept credit policy unchanged and suggested food inflation risk to the headline inflation number. After RBI guidance that any change in monetary policy would be triggered by sustainable level in inflation, triggered bu... (more)
RBI maintained status quo on policy keeping inflation targets intact but cautioned on food inflation and base effect on headline number in coming months. RBI’s view on easing in core inflation gives some comfort. Also, RBI in its policy statement cautioned that food price shocks may strike in... (more)
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Indian benchmark indices witnessed volatility ahead of RBI credit policy tomorrow. Nifty fell below 7950 intraday as selling continued in market but recovered to close above 7950. Major IT stocks along with defensive Pharma stocks provided support while most banking, met... (more)
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Indian benchmark indices witnessed another sell off as weakness in metal, power and PUS banking stocks continued after the SC verdict on coal block de-allocation. Sept expiry happened at 7911.85 on Nifty. Domestic factors weighed on indices with RBI policy in focus on street. Nift... (more)
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Indian benchmark indices witnessed huge volatility today ahead of Sept. expiry and SC coal block allocation verdict. Metal and power stocks witnessed huge sell off after SC de allocated 214 coal blocks from private players. JSPL lost close to 14% intraday while NTPC, Coal In... (more)
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Indian benchmark indices tumbled today ahead of Sept. contract expiry and RBI policy on 30th Sept. US Air strikes on ISIS in Syria also remained in focus. Chinese preliminary PMI manufacturing of 50.5 for Sept. helped Nifty to sustains gains and maintain 8100 levels but Europ... (more)
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Indian benchmark indices opened lower following profit booking in global markets. Nifty opened lower by 37 points and showed weakness for first half of the session. Rupee also remained in a narrow range and European markets opened in red and continued to show weakness. But Indian ... (more)
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The week started with caution ahead of important Fed decision. Nifty witnessed sharp profit booking on Tuesday and broke 8000 mark to close below 7950. Weak IIP numbers weighed on index with banking stocks dragging the index. Fed reiterated its stance of data driven deci... (more)
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Indian indices opened lower tracking mixed cues from Asian markets. US markets closed in positive with Dow closing at all-time highs. Fed maintained its view of data drive decision on interest rate in near future and considerable time for any normalization of policy. This provided... (more)
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Indian indices opened higher today tracking strength from US markets. Dow touched all time intraday high in US while S&P also showed strength. Nifty opened higher and witnessed buying at lower levels ahead of Fed policy. Sensex closed above 26500 mark while Nifty closed above ... (more)