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 2022

Rakesh Jhunjhunwala may have sold Escorts stake, stock down 16% so far this year

Rakesh Jhunjhunwala may have sold Escorts stake, stock down 16% so far this year

Rakesh Jhunjhunwala may have sold his stake in agriculture machinery manufacturer Escorts. Often called the Big Bull of Dalal Street, Rakesh Jhunjhunwala’s name is absent from the latest shareholding pattern of Escorts, which was uploaded on the BSE website a few days ago. However, it is also possible that Rakesh Jhunjhunwala has tendered his shares in the open offer where Japanese agricultural machinery manufacturer — Kubota is looking to buy shares to increase its stake and become a co-promoter. Escorts’ share price was down 1.7% on Monday morning, hitting an intraday low of Rs 1,581 per share.

The latest shareholding pattern of Escorts, for the January-March quarter, did not show Rakesh Jhunjhunwala’s name. Earlier, Rakesh Jhunjhunwala held a 5.68% stake in the company with 75 lakh equity shares. The Big Bull had increased his stake in the company in recent quarters from 5.22% earlier. Listed companies are required to provide details of the shares held by investors whose shareholding in the company amounts to more than 1%.

Although the ace investor may have sold his stake in the company as it has been underperforming this year, it is also possible that Jhunjhunwala has tendered his shares in the open offer. According to the latest update on the Kobuta open offer, a total of 5,19,44,014 Equity Shares have been tendered in the Escrow Demat Account till March 28. Further, 7,379 Equity Shares have been tendered by the Public Shareholders holding Equity Shares in the physical form.

Kubota, a Japanese firm is in the process of becoming a co-promoter of Escorts. The company had held a 16.73% stake in Escorts in the middle of February. The latest shareholding data shows that Kubota’s stake has increased to 55.82% with 7.36 crore equity shares.

Along with Rakesh Jhunjhunwala, domestic mutual funds have also either exited the company or tendered their shares in the open offer. Data shows that domestic mutual funds now own a 0.28% stake in the company as against 8.43% last quarter.

The tendering period for the open offer ended on March 28, 2022. The last date for communicating the rejection/acceptance and completion of payment of consideration or refund of Equity Shares to the shareholders is April 11.

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

Telegram | Facebook | Twitter

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 11, 2022April 11, 2022Categories 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 financial advisor websites in India, Best Index future services, Best index options services, Best intraday advisor in India, 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 option trading Telegram channel, Best options tips provider in India, Best options trading tips provider in India, Best paid stock recommendation sites 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 SEBI registered Telegram Channel, 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 advisor websites in India, Best stock advisory service in India, Best stock market advisory services in India, Best stock market telegram channel, Best stock market tips provider service, Best stock recommendation service in India, Best stock tips provider in India, Best stock tips provider in Telegram, Best Telegram channel for stock market tips in India, Business, Commodity Market, Currency, Equity Market, Equity research analyst, Eqwires - Best Intraday Tips provider in India, Eqwires - Best Investment advisor in India, Eqwires - Best option trading telegram channel, Eqwires - Best SEBI registered Investment advisor in India, Eqwires - Best SEBI registered telegram channel, Eqwires - best stock advisor websites in India, Eqwires - best stock tips provider in telegram, Eqwires - Best stock tips provider on Telegram, Eqwires - Genuine stock tips provider, Eqwires - High Accuracy stock tips provider, Eqwires - Most successful stock advisors in India, 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, Google's highest ranking SEBI registered research analyst, Google's highest ranking SEBI registered stock advisory company, High accuracy intraday tips, 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 intraday tips provider list, SEBI registered Investment Advisor, SEBI registered Research Analyst, Share Market Tips, Share market trading tips telegram channel, Stock Market, Stock Market basics, Stock market Expert in India, Stock market tips, Stock market tips India, Stock tips, Sure Shot Intraday tips, Sureshot tips provider, Top 10 advisory company, Top 10 Intraday tips provider in India, Top 10 SEBI registered stock advisory company 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 rated Telegram channel for Stock market tips in India, 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% accurate intraday technique, 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 Banknifty 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 jackpot calls, Best intraday paid service, best intraday research company, Best Intraday Tips, Best intraday tips in indian stock market, Best Intraday tips provider, Best Investment adviser 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 Portfolio Management services in India, Best research analyst in India, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered research analyst, Best SEBI registered stock advisory company, Best Share Market intraday tips, 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 recommendation service in india, Equity Research Analyst, Eqwires - Best option trading telegram channel, Eqwires - Best SEBI registered research analyst, Eqwires - High Accuracy stock tips provider, Eqwires – Best SEBI registered research analyst, Eqwires – High Accuracy stock tips provider, Ethical SEBI registered Investment advisor, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free Intraday trading tips, Genuine Account Management services, Genuine F&O trading call, Genuine F&O trading calls, Genuine SEBI registered advisory company, Google's highest ranking SEBI registered research analyst, High accuracy intraday tips, How can I make profit in Intraday trading?, India’s top rated Stock tips provider, intraday breakout trading strategy, Intraday calls in stock future, Intraday calls in stock market, Intraday stock advisory services, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday trading in share market, 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 stock market, Most successful intraday strategy, 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, Portfolio Management Services, Profit making intraday calls, 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, SEBI registered research analyst in India, SEBI registered top 10 advisory company, Simple day trading strategy, Strategy for Wealth Management and Financial planning, Successful intraday trading strategies, Sureshot Intraday tips, Sureshot tips provider, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top stock advisory services in India, 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

Sensex closes 1300 points up at 60611, Nifty settles below 18100, support at 17800; overall trend bullish

Sensex closes 1300 points up at 60611, Nifty settles below 18100, support at 17800; overall trend bullish

Indian equity markets higher as the surprise merger announcement of HDFC and HDFC Bank catapulted the benchmark indices over 2 per cent on Monday. The S&P BSE Sensex and the NSE Nifty 50 surged over 2.5 per cent intra-day and hit highs of 60,845 and 18,114, respectively before settling at 60,612 and 18,053, respectively. Meanwhile, Nifty Bank index zoomed 4 per cent. Markets witnessed the continuation of the positive momentum as Nifty attempted to hold above the levels of 18,000. Sustaining above 18,000 will be an important level for the market to stay positive in the short term. If the market sustains above the support levels, the market rally is expected to continue, said analysts. On the flip side, a quick intraday correction is not ruled out if the index trades below 17,880.

Mohit Nigam, Head – PMS, Hem Securities
“For the first time since January 19, the Sensex surpassed the 60,000 milestone, while the Nifty50 surpassed the 18,000 mark. Traders have been oblivious to the fact that gasoline costs have risen further, with petrol and diesel rates each increasing by 40 paise per litre on April 4. There has been a net increase of Rs 8.40 per litre in 14 days with this new round of hikes. On the international front, Asian markets were generally in the green, as a strong U.S. jobs report allayed fears of slowing global growth. After Ukraine accused Russia of war crimes, European markets were generally in the red, with investors keeping an eye out for future Western penalties. On the technical front, immediate support and resistance in the Nifty are 17,800 and 18,200. For the Bank Nifty, immediate support and resistance are at 38,000 and 39,200.”

Sachin Gupta, AVP, Research, Choice Broking
“Technically, the Nifty index has confirmed the breakout of the Bullish Engulfing pattern and moved above the prior swing highs. Moreover, the index has sustained above 50-days Exponential Moving Averages (EMA) and showed positive crossover in MACD & Stochastic that suggests a bullish move for the near term. On the four hourly charts, the stock has also traded above the Horizontal Line that indicates a bullish strength for the coming day. At present, the index is having support at 17,800 levels while resistance is placed at 18,350 levels. On the other hand, Bank nifty has support at 38,100 levels while resistance at 39,200 levels.”

Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities
“Though the markets opened weak, key indices quickly rebounded and clung on to the key psychological levels of 60,000 and 18,000 respectively. The trigger was that the markets gave thumbs up to the HDFC merger announcement and the rally in both the stocks spread to other financial stocks and also had a rub off effect on other sectoral stocks. Also, recent key economic indicators such as core growth numbers and all-time high GST collections showed that the domestic economy has shrugged off geo-political tensions.”

“On daily charts, the Nifty is holding an uptrend formation but due to overbought texture, traders may prefer to book some profit at higher levels. For the trend following traders, 17,880 would act as a crucial support level, and above the same the index may touch the level of 18,150-18,200. On the flip side, a quick intraday correction is not ruled out if the index trades below 17880 and below the same it could retest the level of 17,790-17,750.”

Parth Nyati, Founder, Tradingo​
“It was a stellar day for the Indian equity market on the back of the out of syllabus announcement of a merger between HDFC Ltd and HDFC Bank. More than 70% of contribution to the gain of Nifty50 because of HDFC twins also led to short covering in the market. Global cues are stable whereas prices are cooling off and FIIs are showing buying interest that is leading to outperformance in the Indian equity market.”

“Technically, the Nifty has strong bullish momentum however it is trading near a downsloping trendline resistance placed around the 17,125 level; above this, there is a high probability of new highs in the market this month itself. On the downside, 17,800 will act as immediate support while 17,500-17,400 has become a strong base. Bank Nifty is outperforming and it has a strong structure where 39,200-39,500 will be the next resistance area. On the downside, 38,000 is an immediate support level while 37,200-36,800 has become a strong demand zone.”

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

Telegram | Facebook | Twitter

Call: +91 9624421555 / +91 9624461555

www.eqwires.com

Author EqwiresPosted on April 4, 2022April 4, 2022Categories 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 financial advisor websites in India, Best Index future services, Best index options services, Best intraday advisor in India, 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 option trading Telegram channel, Best options tips provider in India, Best options trading tips provider in India, Best paid stock recommendation sites 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 SEBI registered Telegram Channel, 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 advisor websites in India, Best stock advisory service in India, Best stock market advisory services in India, Best stock market telegram channel, Best stock market tips provider service, Best stock recommendation service in India, Best stock tips provider in India, Best stock tips provider in Telegram, Best Telegram channel for stock market tips in India, Business, Commodity Market, Currency, Equity Market, Equity research analyst, Eqwires - Best Intraday Tips provider in India, Eqwires - Best Investment advisor in India, Eqwires - Best option trading telegram channel, Eqwires - Best SEBI registered Investment advisor in India, Eqwires - Best SEBI registered telegram channel, Eqwires - best stock advisor websites in India, Eqwires - best stock tips provider in telegram, Eqwires - Best stock tips provider on Telegram, Eqwires - Genuine stock tips provider, Eqwires - High Accuracy stock tips provider, Eqwires - Most successful stock advisors in India, 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, Google's highest ranking SEBI registered research analyst, Google's highest ranking SEBI registered stock advisory company, High accuracy intraday tips, 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 intraday tips provider list, SEBI registered Investment Advisor, SEBI registered Research Analyst, Share Market Tips, Share market trading tips telegram channel, Stock Market, Stock Market basics, Stock market Expert in India, Stock market tips, Stock market tips India, Stock tips, Sure Shot Intraday tips, Sureshot tips provider, Top 10 advisory company, Top 10 Intraday tips provider in India, Top 10 SEBI registered stock advisory company 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 rated Telegram channel for Stock market tips in India, 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% accurate intraday technique, 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 Banknifty 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 jackpot calls, Best intraday paid service, best intraday research company, Best Intraday Tips, Best intraday tips in indian stock market, Best Intraday tips provider, Best Investment adviser 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 Portfolio Management services in India, Best research analyst in India, Best SEBI registered advisory company, Best SEBI registered investment advisor, Best SEBI registered research analyst, Best SEBI registered stock advisory company, Best Share Market intraday tips, 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 recommendation service in india, Equity Research Analyst, Eqwires - Best option trading telegram channel, Eqwires - Best SEBI registered research analyst, Eqwires - High Accuracy stock tips provider, Eqwires – Best SEBI registered research analyst, Eqwires – High Accuracy stock tips provider, Ethical SEBI registered Investment advisor, F&O Intraday trading tips, Fact about jackpot tips in stock market, FII operator calls, Free Intraday trading tips, Genuine Account Management services, Genuine F&O trading call, Genuine F&O trading calls, Genuine SEBI registered advisory company, Google's highest ranking SEBI registered research analyst, High accuracy intraday tips, How can I make profit in Intraday trading?, India’s top rated Stock tips provider, intraday breakout trading strategy, Intraday calls in stock future, Intraday calls in stock market, Intraday stock advisory services, Intraday sureshot tips, Intraday Sureshot tips provider, Intraday trading in share market, 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 stock market, Most successful intraday strategy, 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, Portfolio Management Services, Profit making intraday calls, 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, SEBI registered research analyst in India, SEBI registered top 10 advisory company, Simple day trading strategy, Strategy for Wealth Management and Financial planning, Successful intraday trading strategies, Sureshot Intraday tips, Sureshot tips provider, Top performing PMS in India, Top rated Portfolio Management services, Top rated SEBI registered stock advisory firms, Top stock advisory services in India, 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

Archives

  • 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

  • Sebi investigating market allegations against Adani group companies: MoS Finance
    March 13, 2023
    Regulator Sebi is investigating market allegations […]
  • February fuel demand hits the highest level in 24 years on the back of cheap Russian oil
    March 10, 2023
    India’s fuel demand hit its highest level in at least […]
  • Petrol and diesel consumption grow by 12% and 13% in February after a winter lull
    March 1, 2023
    India’s fuel demand witnessed the sharpest rebound in […]
  • FirstMeridian Business, IRM Energy, and Lohia Corp get Sebi go-ahead to float IPOs
    February 28, 2023
    Three companies — FirstMeridian Business Services Ltd, […]
  • NSE gets final nod from Sebi to launch Social Stock Exchange
    February 23, 2023
    Leading bourse NSE on Thursday said it has received […]

Calender

April 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« 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