Skip to content
Eqwires Best Intraday tips provider in India, top trading tips company, Best Stock Advisory service in India

Eqwires Best Intraday tips provider in India, top trading tips company, Best Stock Advisory service in India

Best SEBI registered stock advisory company, Best stock tips provider

  • Home
  • About Us
  • Services
  • Performance
  • Contact Us
  • FAQ
  • Tutorials

Month: April 2020

EXPLAINED: BSE tests negative crude oil prices on commex; here’s how it will work

EXPLAINED: BSE tests negative crude oil prices on commex; here’s how it will work

The Bombay Stock Exchange has introduced trading in negative prices for crude oil on its commodities derivative segment Commex. BSE on Tuesday changed its trading platforms in a manner to accommodate negative prices of crude oil. The move comes weeks after April crude oil futures fell to a negative $37.63 per barrel. The sharp fall in crude oil futures forced MCX, the country’s largest commodity bourse, to settle April crude contracts at a negative Rs 2,884 per barrel, resulting in many brokerages seeking legal remedies to the negative pricing done by MCX. Most of the trading in crude oil in India happens on the MCX platform.

BSE said that after testing of the platforms to accommodate negative pricing, the feature will be made available to traders. The simulation or testing of the revised pricing mechanism will start from May 4, 2020. Once the system is available to trading partners, the Brent crude futures contracts offered by BSE can be traded in negative if the benchmark falls to such prices. So far, the Brent crude, unlike WTI crude, has not fallen into the negative territory. “To facilitate testing of this feature in the simulation (test) environment, the trading price range of Brent Crude Oil futures contracts shall be suitably updated to accept orders at negative price levels and execute trades,” BSE said in a notice. BSE has a smaller market share in the commodities segment in India. The exchange is behind MCX, NCDEX, and ICEX.

Trading in crude oil futures in India is largely done on the MCX, which so far has not made changes on its platforms to accept and execute a trade at negative prices. Crude oil contracts on MCX mirror the prices on NYMEX which, according to reports, has already informed members of making the negative pricing available for crude futures. After the drastic fall in crude oil prices, MCX had to settle its April crude contracts at negative Rs 2,884.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

info@eqwires.com

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 29, 2020May 6, 2020Categories Accurate stock tips provider in India, Best advisory service provider for beginners, Best Bank Nifty future calls, Best Bank Nifty options tips provider, Best Bank Nifty trading tips provider, Best equity advisory services in India, Best Ethical investment advisor in india, Best Index future services, Best index options services, Best intraday call provider, Best Intraday jackpot calls, Best Intraday research company, Best intraday tips for tomorrow, Best intraday tips provider in India, Best Intraday tips site, Best Intraday tips website in India, Best investment Advisor in India, Best jackpot tips provider, Best Nifty future calls, Best Nifty options tips provider, Best Nifty trading tips provider, Best options tips provider in India, Best options trading tips provider in India, Best performing PMS in India, Best PMS in India, Best Portfolio Management services in India, Best SEBI registered advisory company, BEST SEBI REGISTERED INVESTMENT ADVISOR, Best SEBI registered Investment advisor, Best SEBI registered research analyst, Best SEBI registered stock tips provider, Best Share market advisor in India, Best share market advisory company in India, Best share market consultants in India, Best Share market tips, Best share market tips provider in India, Best Share tips provider in India, Best Stock advisor, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips provider in India, Business, Commodity Market, Currency, Equity Market, Equity research analyst, Ethical SEBI registered Investment advisor, Ethical SEBI registered Research Analyst, Fact about Operator based calls, FII Based calls, Foreign Markets, Free intraday stock tips for tomorrow, Genuine Intraday tips provider, Genuine stocks tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, How to invest in stock market, How to make profit in intraday trading in share market?, Intraday tips, Intraday trading tips, Intraday trading tips & strategies, Investment adviser, Investments, IT Industry, Jackpot intraday tips, Most accurate stock tips provider, Most successful intraday strategy, Most successful intraday tips provider, Most successful stock advisor in India, Most successful stock advisors in India, News, Nifty intraday trading tips, NSE F&O, Operator based calls, Politics, Portfolio Management Services, promotions, SEBI Registered advisory company, SEBI registered advisory company in India, SEBI registered best investment advisory, SEBI registered Investment Advisor, SEBI registered Research Analyst, Share Market Tips, Stock Market, Stock Market basics, Stock market Expert in India, Stock market tips, Stock market tips India, Stock tips, Sureshot tips provider, Top 10 advisory company, Top 10 Intraday tips provider in India, Top 10 Share market advisor in India, Top 10 stock advisory firms in India, Top rated Investment advisor, Top rated SEBI registered stock tips provider, Top stock advisory services, Top stock advisory services in India, Top stock market advisors, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about operator sureshot callsTags #1 in list of SEBI registered advisory companies, #1 stock adviser in India, 100% profitable intraday tips, 100% sureshot calls provider, 100% Sureshot operator calls, 100% sureshot tips provider, Accurate stock tips, Accurate stock tips provider, Bank Nifty options tips provider, Bank nifty trading tips, Best advisory company for beginners, Best Banknifty tips provider in India, Best Equity Portfolio Management, Best equity tips provider in India, Best Ethical Investment advisor, Best index futures services, Best index options services, Best intraday call provider, Best Intraday calls provider, Best Intraday Tips, best intraday tips advisor in India, Best intraday tips in indian stock market, Best Intraday tips provider, Best Intraday tips site in India, Best Investment adviser in India, Best Investment advisor in India, Best jackpot tips provider, Best nifty future tips provider in India, Best nifty options tips provider, Best nifty tips provider in India, Best online trading tips, Best Options tips provider, Best options tips provider in India, Best options trading tips provider, Best performing PMS in India, Best PMS company in India, Best PMS in India, Best Portfolio Management services in India, Best returns in PMS, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered stock advisory company, Best share market consultants in India, Best Share Market intraday tips, Best share market tips, Best share market tips provider in India, Best Share tips provider, Best share trading tips provider in India, Best stock advisor, Best stock advisor websites, Best stock advisory company in India, Best stock market advisory services in India, Best stock market tips provider service, Best Stock recommendation service, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider, Best stock tips provider company in India, Best stock tips provider in india, Best tips provider in India, Best trading tips provider in India, Daily stock tips intraday, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free intraday stock tips for tomorrow, Free Intraday trading tips, Genuine Account Management services, Genuine Equity advisory company, Genuine F&O trading call, Genuine F&O trading calls, Genuine Intraday tips provider, Genuine SEBI registered advisory company, Genuine stock tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, how to earn profit in stock market, How to make profit in intraday trading in stock market?, India’s top rated Stock tips provider, Indian stock market tips for intraday, Intraday calls in stock future, Intraday calls in stock market, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday tips, Intraday trading in share market, Intraday trading tips, Intraday trading tips & Strategies, Intraday trading tips and strategies, Intraday trading tips in stock market, Investment adviser, Jackpot intraday tips, Jackpot Options tips, Most accurate intraday tips provider, Most accurate intraday trading tips, Most Accurate stock tips provider, Most accurate stock tips provider in India, Most accurate trading tips, Most reliable intraday tips provider, Most successful advisory company in India, Most successful advisory company in stock market, Most successful stock advisors in india, Nifty future intraday calls, Nifty future tips provider, Nifty intraday trading tips, Nifty trading tips, No. 1 SEBI registered tips provider, NSE F&O, Portfolio Management Services, Profit making intraday calls, Reliable advisory company in India, Reliable Portfolio Management Services, Reliable SEBI registered tips provider, SEBI Registered advisory company, SEBI registered best intraday tips provider, SEBI registered intraday tips provider, SEBI registered Research Analyst, Share Market Tips, Stock market tips, Stock market tips India, Stock Tips, Strategy for Wealth Management and Financial planning, Sureshot Intraday tips, Sureshot tips provider, Top 10 Intraday tips provider in India, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top trading tips companies in India, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about Operator calls, Truth about operator sureshot calls

Axis Bank, Max Financial Services gain on stake deal

Axis Bank, Max Financial Services gain on stake deal

Shares of Axis Bank and Max Financial Services on Tuesday gained up to 6.6 per cent after the bank decided to raise its stake in Max Life Insurance to 30 per cent. Axis Bank shares zoomed 6.61 per cent to close at Rs 455.55 on the BSE. During the day, it jumped 7.24 per cent to Rs 458.25.

Max Financial Services also gained 5.14 per cent to close at Rs 475.80. It rose by 8.79 per cent to Rs 492.35 during the session. Axis Bank has decided to raise its stake in Max Group promoted Max Life Insurance to 30 per cent, a development which values the insurer at over Rs 5,000 crore.

With the deal going through, sources said, the bank is expected to pay Rs 1,600 crore to Max Financial Services (MFS), the holding company of Max Life. Axis Bank holds about 1 per cent stake in Max Life and is the biggest banking channel partner for distribution of its products. Products sold through the bank reportedly contribute for 54 per cent of Max Life’s revenues.

The boards of Axis Bank, MFS and Max Life approved the transaction late on April 27, a joint statement said on Tuesday. “This is an outcome of the inter-se discussions after the three companies had signed a confidentiality and exclusivity arrangement on February 20, 2020 to explore the possibility of a long-term strategic partnership between Axis Bank and Max Life,” it said.

Interestingly, the deal comes at a time when the economy is hit by COVID-19 crisis impacting all sectors of the economy, including the financial sector.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

info@eqwires.com

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 28, 2020May 6, 2020Categories Accurate stock tips provider in India, Best advisory service provider for beginners, Best Bank Nifty future calls, Best Bank Nifty options tips provider, Best Bank Nifty trading tips provider, Best equity advisory services in India, Best Ethical investment advisor in india, Best Index future services, Best index options services, Best intraday call provider, Best Intraday jackpot calls, Best Intraday research company, Best intraday tips for tomorrow, Best intraday tips provider in India, Best Intraday tips site, Best Intraday tips website in India, Best investment Advisor in India, Best jackpot tips provider, Best Nifty future calls, Best Nifty options tips provider, Best Nifty trading tips provider, Best options tips provider in India, Best options trading tips provider in India, Best performing PMS in India, Best PMS in India, Best Portfolio Management services in India, Best SEBI registered advisory company, Best SEBI registered Investment advisor, BEST SEBI REGISTERED INVESTMENT ADVISOR, Best SEBI registered research analyst, Best SEBI registered stock tips provider, Best Share market advisor in India, Best share market advisory company in India, Best share market consultants in India, Best Share market tips, Best share market tips provider in India, Best Share tips provider in India, Best Stock advisor, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips provider in India, Business, Commodity Market, Currency, Equity Market, Equity research analyst, Ethical SEBI registered Investment advisor, Ethical SEBI registered Research Analyst, Fact about Operator based calls, FII Based calls, Foreign Markets, Free intraday stock tips for tomorrow, Genuine Intraday tips provider, Genuine stocks tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, How to invest in stock market, How to make profit in intraday trading in share market?, Intraday tips, Intraday trading tips, Intraday trading tips & strategies, Investment adviser, Investments, IT Industry, Jackpot intraday tips, Most accurate stock tips provider, Most successful intraday strategy, Most successful intraday tips provider, Most successful stock advisor in India, Most successful stock advisors in India, News, Nifty intraday trading tips, NSE F&O, Operator based calls, Politics, Portfolio Management Services, promotions, SEBI Registered advisory company, SEBI registered advisory company in India, SEBI registered best investment advisory, SEBI registered Investment Advisor, SEBI registered Research Analyst, Share Market Tips, Stock Market, Stock Market basics, Stock market Expert in India, Stock market tips, Stock market tips India, Stock tips, Sureshot tips provider, Top 10 advisory company, Top 10 Intraday tips provider in India, Top 10 Share market advisor in India, Top 10 stock advisory firms in India, Top rated Investment advisor, Top rated SEBI registered stock tips provider, Top stock advisory services, Top stock advisory services in India, Top stock market advisors, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about operator sureshot callsTags #1 in list of SEBI registered advisory companies, #1 stock adviser in India, 100% profitable intraday tips, 100% sureshot calls provider, 100% Sureshot operator calls, 100% sureshot tips provider, Accurate stock tips, Accurate stock tips provider, Bank Nifty options tips provider, Bank nifty trading tips, Best advisory company for beginners, Best Banknifty tips provider in India, Best Equity Portfolio Management, Best equity tips provider in India, Best Ethical Investment advisor, Best index futures services, Best index options services, Best intraday call provider, Best Intraday calls provider, Best Intraday Tips, best intraday tips advisor in India, Best intraday tips in indian stock market, Best Intraday tips provider, Best Intraday tips site in India, Best Investment adviser in India, Best Investment advisor in India, Best jackpot tips provider, Best nifty future tips provider in India, Best nifty options tips provider, Best nifty tips provider in India, Best online trading tips, Best Options tips provider, Best options tips provider in India, Best options trading tips provider, Best performing PMS in India, Best PMS company in India, Best PMS in India, Best Portfolio Management services in India, Best returns in PMS, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered stock advisory company, Best share market consultants in India, Best Share Market intraday tips, Best share market tips, Best share market tips provider in India, Best Share tips provider, Best share trading tips provider in India, Best stock advisor, Best stock advisor websites, Best stock advisory company in India, Best stock market advisory services in India, Best stock market tips provider service, Best Stock recommendation service, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider, Best stock tips provider company in India, Best stock tips provider in india, Best tips provider in India, Best trading tips provider in India, Daily stock tips intraday, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free intraday stock tips for tomorrow, Free Intraday trading tips, Genuine Account Management services, Genuine Equity advisory company, Genuine F&O trading call, Genuine F&O trading calls, Genuine Intraday tips provider, Genuine SEBI registered advisory company, Genuine stock tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, how to earn profit in stock market, How to make profit in intraday trading in stock market?, India’s top rated Stock tips provider, Indian stock market tips for intraday, Intraday calls in stock future, Intraday calls in stock market, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday tips, Intraday trading in share market, Intraday trading tips, Intraday trading tips & Strategies, Intraday trading tips and strategies, Intraday trading tips in stock market, Investment adviser, Jackpot intraday tips, Jackpot Options tips, Most accurate intraday tips provider, Most accurate intraday trading tips, Most Accurate stock tips provider, Most accurate stock tips provider in India, Most accurate trading tips, Most reliable intraday tips provider, Most successful advisory company in India, Most successful advisory company in stock market, Most successful stock advisors in india, Nifty future intraday calls, Nifty future tips provider, Nifty intraday trading tips, Nifty trading tips, No. 1 SEBI registered tips provider, NSE F&O, Portfolio Management Services, Profit making intraday calls, Reliable advisory company in India, Reliable Portfolio Management Services, Reliable SEBI registered tips provider, SEBI Registered advisory company, SEBI registered best intraday tips provider, SEBI registered intraday tips provider, SEBI registered Research Analyst, Share Market Tips, Stock market tips, Stock market tips India, Stock Tips, Strategy for Wealth Management and Financial planning, Sureshot Intraday tips, Sureshot tips provider, Top 10 Intraday tips provider in India, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top trading tips companies in India, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about Operator calls, Truth about operator sureshot calls

Franklin Templeton tries to calm mutual fund investors; here’s what India head says about returning money

Franklin Templeton tries to calm mutual fund investors; here’s what India head says about returning money

Franklin Templeton’s top management, in an effort to reassure investors, said that it is committed to returning the money invested at the earliest. The fund house is trying to soothe investors after having closed six of its debt and credit mutual fund schemes. “We are committed to doing all we can to return monies in the schemes that are wound up at the earliest to investors, and to regain your trust in our brand,” Franklin Templeton Asset Management (India) President, Sanjay Sapre said in a note to investors. The fund house last week announced the closure of six schemes owing to redemption pressure and lack of liquidity in the secondary market.

With an asset under management (AUM) of close to Rs 36,000 crore, the schemes that were closed included — Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund and Franklin India Income Opportunities Fund.

“As the schemes liquidate portfolio holdings subject to market conditions, receive coupon payments and scheduled maturities, the Trustees will start to return monies to investors at the earliest instance in compliance with regulation 41(2)(b) of SEBI (Mutual Fund) Regulations 1996,” Sapre said. The fund house with over 25 years of experience in India has come under the spotlight for investing in low-grade securities. Sapre However clarified that under the investment strategy followed, the closed schemes invested across the credit rating spectrum. “This strategy served the schemes and its investors well until recent times. The schemes were able to generate significant cash flows even during the last 6 months which were more turbulent times for the credit markets,” Sapre said in the note.

After wounding up the six schemes, Franklin Templeton has looked to reassure investors about other fixed income schemes run by the fund house. “Our other fixed income schemes which are open for subscription and redemption, primarily invest in highly liquid securities such as Government Securities, AAA-rated bonds, or other cash and cash equivalents,” Sapre explained to investors. He added that these schemes have enough liquidity to cope-up with the redemption pressure. Industry body Association of Mutual Funds in India (AMFI) too rushed to scene on Friday to assure investors that the majority of the fixed-income mutual fund schemes were safe.

Coming to aid of the struggling mutual fund industry that is reeling under redemption pressure, the Reserve Bank of India on Monday announced the opening of a special liquidity window for the industry. Under this, the central bank will provide Rs 50,000 crore worth liquidity support to the industry. The amount will be provided to the banks who can then lend the same to the fund houses or buy investment-grade bonds and commercial papers from these fund houses.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

info@eqwires.com

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 27, 2020Categories Accurate stock tips provider in India, Best advisory service provider for beginners, Best Bank Nifty future calls, Best Bank Nifty options tips provider, Best Bank Nifty trading tips provider, Best equity advisory services in India, Best Ethical investment advisor in india, Best Index future services, Best index options services, Best intraday call provider, Best intraday tips for tomorrow, Best intraday tips provider in India, Best Intraday tips site, Best Intraday tips website in India, Best investment Advisor in India, Best Nifty future calls, Best Nifty options tips provider, Best Nifty trading tips provider, Best options tips provider in India, Best options trading tips provider in India, Best performing PMS in India, Best PMS in India, Best Portfolio Management services in India, Best SEBI registered advisory company, Best SEBI registered Investment advisor, BEST SEBI REGISTERED INVESTMENT ADVISOR, Best SEBI registered research analyst, Best SEBI registered stock tips provider, Best share market consultants in India, Best share market tips provider in India, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips provider in India, Business, Commodity Market, Currency, Equity Market, Ethical SEBI registered Investment advisor, Ethical SEBI registered Research Analyst, Fact about Operator based calls, FII Based calls, Foreign Markets, Free intraday stock tips for tomorrow, Genuine Intraday tips provider, Genuine stocks tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, How to invest in stock market, How to make profit in intraday trading in share market?, Intraday trading tips, Intraday trading tips & strategies, Investment adviser, Investments, IT Industry, Jackpot intraday tips, Most accurate stock tips provider, Most successful intraday strategy, Most successful intraday tips provider, Most successful stock advisor in India, News, Nifty intraday trading tips, NSE F&O, Operator based calls, Politics, Portfolio Management Services, promotions, SEBI Registered advisory company, Stock Market, Stock Market basics, Sureshot tips provider, Top 10 advisory company, Top rated Investment advisor, Top rated SEBI registered stock tips provider, Top stock market advisors, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about operator sureshot callsTags #1 in list of SEBI registered advisory companies, #1 stock adviser in India, 100% profitable intraday tips, 100% sureshot calls provider, 100% Sureshot operator calls, 100% sureshot tips provider, Accurate stock tips, Accurate stock tips provider, Bank Nifty options tips provider, Bank nifty trading tips, Best advisory company for beginners, Best Banknifty tips provider in India, Best Equity Portfolio Management, Best equity tips provider in India, Best Ethical Investment advisor, Best index futures services, Best index options services, Best intraday call provider, Best Intraday calls provider, Best Intraday Tips, Best intraday tips in indian stock market, Best Intraday tips provider, Best Intraday tips site in India, Best Investment adviser in India, Best Investment advisor in India, Best nifty future tips provider in India, Best nifty options tips provider, Best nifty tips provider in India, Best online trading tips, Best Options tips provider, Best options tips provider in India, Best options trading tips provider, Best performing PMS in India, Best PMS company in India, Best PMS in India, Best Portfolio Management services in India, Best returns in PMS, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered stock advisory company, Best share market consultants in India, Best Share Market intraday tips, Best share market tips provider in India, Best share trading tips provider in India, Best stock advisor, Best stock advisor websites, Best stock advisory company in India, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider, Best stock tips provider company in India, Best stock tips provider in india, Best tips provider in India, Best trading tips provider in India, Daily stock tips intraday, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free intraday stock tips for tomorrow, Free Intraday trading tips, Genuine Account Management services, Genuine Equity advisory company, Genuine F&O trading call, Genuine F&O trading calls, Genuine SEBI registered advisory company, Genuine stock tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, how to earn profit in stock market, How to make profit in intraday trading in stock market?, India’s top rated Stock tips provider, Indian stock market tips for intraday, Intraday calls in stock future, Intraday calls in stock market, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday trading in share market, Intraday trading tips, Intraday trading tips & Strategies, Intraday trading tips and strategies, Intraday trading tips in stock market, Investment adviser, Jackpot intraday tips, Most accurate intraday tips provider, Most accurate intraday trading tips, Most Accurate stock tips provider, Most accurate stock tips provider in India, Most accurate trading tips, Most reliable intraday tips provider, Most successful advisory company in India, Most successful advisory company in stock market, Most successful stock advisors in india, Nifty future intraday calls, Nifty future tips provider, Nifty intraday trading tips, Nifty trading tips, No. 1 SEBI registered tips provider, NSE F&O, Portfolio Management Services, Profit making intraday calls, Reliable advisory company in India, Reliable Portfolio Management Services, Reliable SEBI registered tips provider, SEBI Registered advisory company, SEBI registered best intraday tips provider, SEBI registered intraday tips provider, SEBI registered Research Analyst, Strategy for Wealth Management and Financial planning, Sureshot Intraday tips, Sureshot tips provider, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top trading tips companies in India, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about Operator calls, Truth about operator sureshot calls

Large number of retail investors open to buying gold: WGC

Large number of retail investors open to buying gold: WGC

A survey of Indian retail investors by the World Gold Council (WGC) has revealed that as much as 29% of them, who have never bought the precious metal in the past, are open to purchasing it in the future.

As much as 52% of investors already owned some form of gold, with 48% having invested in the one year preceding the survey, which was conducted between June and December 2019, before the Covid-19 outbreak in the country. But gold analysts say the precious metal’s attractiveness as an investment instrument has only enhanced after the pandemic spread its tentacles far and wide and caused a flight to safe-haven assets. About 76% of urban investors in India have said they invested in gold bars and coins in the past and 21% of the respondents, who have never bought the metal, wish to do so in the future. This suggests gold currently has a deeper penetration among urban investors. Nevertheless, 37% of rural investors would consider buying gold in the future despite never having done so before. And while these rural gold considerers offer a lower value opportunity than urban counterparts, they offer significant growth potential.

The survey came at a time when India’s gold demand dropped 9% year on year in 2019 to hit a three-year low of 690.4 tonne.

Demand crashed 18% y-o-y in the December quarter despite festive consumption, as record prices of the metal and an economic slowdown had put a leash on retail purchases. In fact, the September-December 2019 was the second worst quarter for Indian gold demand in a decade, while the July-December period marked the worst half-yearly performance since 2009. The survey’s findings are reflective of the immense potential for the yellow metal to emerge as an attractive investment option for the public, with appropriate policy intervention.

Somasundaram PR, MD, WGC India, said: “India’s retail investment landscape is evolving, underpinned by government-led financial inclusion programmes, the surge of fintech, and increasing investor knowledge. And, this clearly affects the gold industry. Businesses are constantly striving to leverage technology to make gold more accessible to retail investors.”

The survey points out that both rural and urban investors need further simplicity and reassurance from their investments. Also, the survey, titled ‘Retail gold insights 2019’, revealed that while 48% of respondents were deterred from buying gold due to a lack of trust, as much as 61% of Indian ‘considerers’ identified issues around trust as a barrier to buying the precious metal. “But there is, nonetheless, a sizable opportunity to increase penetration of gold investment among the Indian retail investor base. In total, almost one third of Indian investors who have not bought gold before are open to doing so in future. We call this group ‘gold considerers’ and they represent a significant pool of untapped demand,” the WGC said.

The survey also showed the gold industry has the potential to appeal to a sizable new audience. Technology can play a key role in opening up new avenues for gold investment; easy online accessibility is a must in this era of increasing global digitisation. Similarly, 65% of potential gold investors said they have gaps in their knowledge around gold.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

info@eqwires.com

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 24, 2020Categories Accurate stock tips provider in India, Best advisory service provider for beginners, Best Bank Nifty future calls, Best Bank Nifty options tips provider, Best Bank Nifty trading tips provider, Best equity advisory services in India, Best Ethical investment advisor in india, Best Index future services, Best index options services, Best intraday call provider, Best intraday tips for tomorrow, Best intraday tips provider in India, Best Intraday tips site, Best Intraday tips website in India, Best investment Advisor in India, Best Nifty future calls, Best Nifty options tips provider, Best Nifty trading tips provider, Best options tips provider in India, Best options trading tips provider in India, Best performing PMS in India, Best PMS in India, Best Portfolio Management services in India, Best SEBI registered advisory company, BEST SEBI REGISTERED INVESTMENT ADVISOR, Best SEBI registered Investment advisor, Best SEBI registered research analyst, Best SEBI registered stock tips provider, Best share market consultants in India, Best share market tips provider in India, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips provider in India, Business, Commodity Market, Currency, Equity Market, Ethical SEBI registered Investment advisor, Ethical SEBI registered Research Analyst, Fact about Operator based calls, FII Based calls, Foreign Markets, Free intraday stock tips for tomorrow, Genuine Intraday tips provider, Genuine stocks tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, How to invest in stock market, How to make profit in intraday trading in share market?, Intraday trading tips, Intraday trading tips & strategies, Investment adviser, Investments, IT Industry, Jackpot intraday tips, Most accurate stock tips provider, Most successful intraday strategy, Most successful intraday tips provider, Most successful stock advisor in India, News, Nifty intraday trading tips, NSE F&O, Operator based calls, Politics, Portfolio Management Services, promotions, SEBI Registered advisory company, Stock Market, Stock Market basics, Sureshot tips provider, Top 10 advisory company, Top rated Investment advisor, Top rated SEBI registered stock tips provider, Top stock market advisors, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about operator sureshot callsTags #1 in list of SEBI registered advisory companies, #1 stock adviser in India, 100% profitable intraday tips, 100% sureshot calls provider, 100% Sureshot operator calls, 100% sureshot tips provider, Accurate stock tips, Accurate stock tips provider, Bank Nifty options tips provider, Bank nifty trading tips, Best advisory company for beginners, Best Banknifty tips provider in India, Best Equity Portfolio Management, Best equity tips provider in India, Best Ethical Investment advisor, Best index futures services, Best index options services, Best intraday call provider, Best Intraday calls provider, Best Intraday Tips, Best intraday tips in indian stock market, Best Intraday tips provider, Best Intraday tips site in India, Best Investment adviser in India, Best Investment advisor in India, Best nifty future tips provider in India, Best nifty options tips provider, Best nifty tips provider in India, Best online trading tips, Best Options tips provider, Best options tips provider in India, Best options trading tips provider, Best performing PMS in India, Best PMS company in India, Best PMS in India, Best Portfolio Management services in India, Best returns in PMS, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered stock advisory company, Best share market consultants in India, Best Share Market intraday tips, Best share market tips provider in India, Best share trading tips provider in India, Best stock advisor, Best stock advisor websites, Best stock advisory company in India, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider, Best stock tips provider company in India, Best stock tips provider in india, Best tips provider in India, Best trading tips provider in India, Daily stock tips intraday, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free intraday stock tips for tomorrow, Free Intraday trading tips, Genuine Account Management services, Genuine Equity advisory company, Genuine F&O trading call, Genuine F&O trading calls, Genuine SEBI registered advisory company, Genuine stock tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, how to earn profit in stock market, How to make profit in intraday trading in stock market?, India’s top rated Stock tips provider, Indian stock market tips for intraday, Intraday calls in stock future, Intraday calls in stock market, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday trading in share market, Intraday trading tips, Intraday trading tips & Strategies, Intraday trading tips and strategies, Intraday trading tips in stock market, Investment adviser, Jackpot intraday tips, Most accurate intraday tips provider, Most accurate intraday trading tips, Most Accurate stock tips provider, Most accurate stock tips provider in India, Most accurate trading tips, Most reliable intraday tips provider, Most successful advisory company in India, Most successful advisory company in stock market, Most successful stock advisors in india, Nifty future intraday calls, Nifty future tips provider, Nifty intraday trading tips, Nifty trading tips, No. 1 SEBI registered tips provider, NSE F&O, Portfolio Management Services, Profit making intraday calls, Reliable advisory company in India, Reliable Portfolio Management Services, Reliable SEBI registered tips provider, SEBI Registered advisory company, SEBI registered best intraday tips provider, SEBI registered intraday tips provider, SEBI registered Research Analyst, Strategy for Wealth Management and Financial planning, Sureshot Intraday tips, Sureshot tips provider, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top trading tips companies in India, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about Operator calls, Truth about operator sureshot calls

Kotak Mahindra, Federal, IDFC First Bank sold part of Yes Bank shares in just 14 days after bailout

Kotak Mahindra, Federal, IDFC First Bank sold part of Yes Bank shares in just 14 days after bailout

After having saved the cash-strapped Yes Bank from going bust, three of the banks, which invested in the troubled private lender at an RBI-guided bailout price, sold some part of their equity share allocations, according to the shareholding data available on the stock exchanges. Uday Kotak’s Kotak Mahindra Bank sold almost 9.4% of its total shareholding that it picked up in Yes Bank. Federal Bank sold 19.5% of its entire shareholding; and IDFC First Bank sold 16% of its total shares. The banks, which bought shares in Yes Bank as part of the bailout were allowed to sell only 25% of their equity stakes each, with the remaining 75% in a three-year lock-in period. Apart from these three lenders, all other investors, including State Bank of India, did not sell any of their equity holdings till the end of March this year.

Six banks and Housing Development Finance Corporation (HDFC) invested Rs 10,000 crore in Yes Bank in the second week of March under the Yes Bank Reconstruction Scheme 2020, picking up equity stake at Rs 10 per share. The shares, allotted to the institutional investors on March 15, jumped a whopping 60% from its previous closing to trade at Rs 58.65 per share. This meant a surge of Rs 48.65 per share for the equity shares held by the seven institutional investors, growing their investment six times in just two days.

Kotak Mahindra Bank invested Rs 500 crore for 50 crore shares of Yes Bank; now Kotak Mahindra Bank’s shareholding in Yes Bank has fallen to 45.27 crore shares. Federal Bank, another struggling private lender, invested Rs 300 crore in Yes Bank and received 30 crore shares, now it holds 24.13 crore shares. IDFC Bank was the smallest investor, shelling-out Rs 250 crore for 25 crore shares; by the end of the January-March quarter, the lender was left with 20.97 crore equity shares.

The biggest investor in Yes Bank was India’s largest public lender State Bank of India (SBI). The PSU bank invested Rs 6,050 crore for 605 crore shares. SBI Chairman, Rajnish Kumar had on March 17 clarified that SBI will stay fully invested in Yes Bank for the entire lock-in period despite having a lock-in restriction of 26% only. SBI has stayed true to its word so far. ICICI Bank and HDFC, the other two big investors, put in Rs 1,000 crore each for 100 crore shares; none sold their equity holding in Yes Bank till the end of March 2020. Other investors included Axis Bank and Bandhan Bank, getting 60 crore and 30 crore shares respectively. Both have held on to the shares allotted.

All Yes Bank shareholders were put under a lock-in period of three years under the Yes Bank Reconstruction Scheme 2020. Under this, all shareholders with 100 shares of more had 75% of their equity shares locked-in for a period of three years.

Eqwires Research Analyst

Top-notch SEBI registered research analyst

Best SEBI registered Intraday tips provider and Best SEBI registered stock advisory company

info@eqwires.com

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 23, 2020Categories Accurate stock tips provider in India, Best advisory service provider for beginners, Best Bank Nifty future calls, Best Bank Nifty options tips provider, Best Bank Nifty trading tips provider, Best equity advisory services in India, Best Ethical investment advisor in india, Best Index future services, Best index options services, Best intraday call provider, Best intraday tips for tomorrow, Best intraday tips provider in India, Best Intraday tips site, Best Intraday tips website in India, Best investment Advisor in India, Best Nifty future calls, Best Nifty options tips provider, Best Nifty trading tips provider, Best options tips provider in India, Best options trading tips provider in India, Best performing PMS in India, Best PMS in India, Best Portfolio Management services in India, Best SEBI registered advisory company, BEST SEBI REGISTERED INVESTMENT ADVISOR, Best SEBI registered Investment advisor, Best SEBI registered research analyst, Best SEBI registered stock tips provider, Best share market consultants in India, Best share market tips provider in India, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips provider in India, Business, Commodity Market, Currency, Equity Market, Ethical SEBI registered Investment advisor, Ethical SEBI registered Research Analyst, Fact about Operator based calls, FII Based calls, Foreign Markets, Free intraday stock tips for tomorrow, Genuine Intraday tips provider, Genuine stocks tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, How to invest in stock market, How to make profit in intraday trading in share market?, Intraday trading tips, Intraday trading tips & strategies, Investment adviser, Investments, IT Industry, Jackpot intraday tips, Most accurate stock tips provider, Most successful intraday strategy, Most successful intraday tips provider, Most successful stock advisor in India, News, Nifty intraday trading tips, NSE F&O, Operator based calls, Politics, Portfolio Management Services, promotions, SEBI Registered advisory company, Stock Market, Stock Market basics, Sureshot tips provider, Top 10 advisory company, Top rated Investment advisor, Top rated SEBI registered stock tips provider, Top stock market advisors, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about operator sureshot callsTags #1 in list of SEBI registered advisory companies, #1 stock adviser in India, 100% profitable intraday tips, 100% sureshot calls provider, 100% Sureshot operator calls, 100% sureshot tips provider, Accurate stock tips, Accurate stock tips provider, Bank Nifty options tips provider, Bank nifty trading tips, Best advisory company for beginners, Best Banknifty tips provider in India, Best Equity Portfolio Management, Best equity tips provider in India, Best Ethical Investment advisor, Best index futures services, Best index options services, Best intraday call provider, Best Intraday calls provider, Best Intraday Tips, Best intraday tips in indian stock market, Best Intraday tips provider, Best Intraday tips site in India, Best Investment adviser in India, Best Investment advisor in India, Best nifty future tips provider in India, Best nifty options tips provider, Best nifty tips provider in India, Best online trading tips, Best Options tips provider, Best options tips provider in India, Best options trading tips provider, Best performing PMS in India, Best PMS company in India, Best PMS in India, Best Portfolio Management services in India, Best returns in PMS, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered stock advisory company, Best share market consultants in India, Best Share Market intraday tips, Best share market tips provider in India, Best share trading tips provider in India, Best stock advisor, Best stock advisor websites, Best stock advisory company in India, Best stock market advisory services in India, Best stock market tips provider service, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider, Best stock tips provider company in India, Best stock tips provider in india, Best tips provider in India, Best trading tips provider in India, Daily stock tips intraday, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free intraday stock tips for tomorrow, Free Intraday trading tips, Genuine Account Management services, Genuine Equity advisory company, Genuine F&O trading call, Genuine F&O trading calls, Genuine SEBI registered advisory company, Genuine stock tips provider, How can I make profit in Intraday trading?, How to earn profit from intraday trading?, how to earn profit in stock market, How to make profit in intraday trading in stock market?, India’s top rated Stock tips provider, Indian stock market tips for intraday, Intraday calls in stock future, Intraday calls in stock market, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday trading in share market, Intraday trading tips, Intraday trading tips & Strategies, Intraday trading tips and strategies, Intraday trading tips in stock market, Investment adviser, Jackpot intraday tips, Most accurate intraday tips provider, Most accurate intraday trading tips, Most Accurate stock tips provider, Most accurate stock tips provider in India, Most accurate trading tips, Most reliable intraday tips provider, Most successful advisory company in India, Most successful advisory company in stock market, Most successful stock advisors in india, Nifty future intraday calls, Nifty future tips provider, Nifty intraday trading tips, Nifty trading tips, No. 1 SEBI registered tips provider, NSE F&O, Portfolio Management Services, Profit making intraday calls, Reliable advisory company in India, Reliable Portfolio Management Services, Reliable SEBI registered tips provider, SEBI Registered advisory company, SEBI registered best intraday tips provider, SEBI registered intraday tips provider, SEBI registered Research Analyst, Strategy for Wealth Management and Financial planning, Sureshot Intraday tips, Sureshot tips provider, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top trading tips companies in India, Truth about FII based calls, Truth about Jackpot intraday tips, Truth about Operator calls, Truth about operator sureshot calls

Posts pagination

Page 1 Page 2 … Page 4 Next page

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • November 2019
  • October 2019
  • September 2019

Categories

Recent Post

  • ITC Q4 results preview: What to expect this quarter? Check out date, time
    May 20, 2025
    ITC Q4 results preview: Tobacco-to-fast-moving […]
  • A bull-market illusion? Handful of stocks driving the surge, data reveals
    May 20, 2025
    The ongoing rally in benchmark indices has not lifted […]
  • How to trade Vodafone Idea, Airtel, TTML after SC dismisses AGR dues plea?
    May 20, 2025
    Shares of telecom companies – Vodafone Idea […]
  • Vodafone Idea shares sink 10% after SC ‘dismisses’ plea in AGR case
    May 19, 2025
    Shares of Vodafone Idea saw a sharp fall in trade on […]
  • LIC portfolio recovers ₹1.8 trillion amid market rebound from April lows
    May 19, 2025
    Life Insurance Corporation of India (LIC), India’s […]

Calender

April 2020
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« Mar   May »
  • Home
  • About Us
  • Services
  • Performance
  • Contact Us
  • FAQ
  • Tutorials
Eqwires Best Intraday tips provider in India, top trading tips company, Best Stock Advisory service in India Proudly powered by WordPress