28/8/2014 stocks news

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Banks will be launching a mega financial inclusion drive on Thursday as part of the Pradhan Mantri Jan Dhan Yojana and lakhs of accounts are likely to be opened on the day.

As part of the initiative, each account-holder will be provided with a passbook and a RuPay debit/ATM card which carries free accident insurance cover for Rs.1 lakh.  Further, an overdraft of Rs.2,000 will be provided to each account-holder after satisfactory operation of the account for six months.

Many banks have already conducted preparatory camps across the country through their branches and deputed senior executives to the field to monitor the opening of accounts in village and district level camps.

According to a circular issued by the Reserve Bank of India to banks, the know-your-customer (KYC) norms were relaxed to facilitate easy opening of accounts.

Snapdeal.com, India’s largest online marketplace has announced that Ratan Tata, Chairman Emeritus, Tata Sons, has made a personal investment in the company. The company did not disclose the exact amount Tata has invested.

Snapdeal currently houses over 5 million products across 500+ diverse categories from over 50,000 sellers. Speaking about this, Kunal Bahl, co-Founder & CEO, Snapdeal.com said in a press statement, “This is a very proud and exciting moment for the entire Snapdeal family. An investment by a legendary and respected figure like Mr. Tata is an excellent validation of our focused strategy on building a long-term enterprise and marks the start of a very important phase for the company.

 

  

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Warren Buffett’s investment ideas asks us to buy stocksof only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.

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What To Do Today..........

Our Opininon for Today's Market.......

1.Market Looks Volatile.....

1.Some Insider Say NIfTy go up to 6200

What To Do Today........

Nifty....Today Face Resistance at......7948...7985..8035

Nifty.....Today Support at ..7720...7662...7605

Nifty Range...6300--------8200

TRACK ME RESEARCH......

NEXT TGT FOR

Our Opinion for Today's Market.......

1.Stock Specific Movement Expected Today ......

2. Mid-caps Looks Good....

INTRADAY HOT STOCKS: 28/8/2014

sell nifty sl 8050 tgt 7840/7700/7650

sell sbi sl 2540 tgt 2450

sell bob sl 915 tgt 850

buy tatamoter sl 500 tgt 530/540 

buy ril sl 968 tgt 1010/1028/1040/1060

L&T FINANCE HOLDINGS

(BSE TICKER-533519@ Rs.65/-)

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 !!!!

Rs.90/120/- Rs.150/-

Alert:- Our Subscriber's Long in Stock!!!

MARKSANS PHARMA

(Bse Ticker-524404@ Rs.18.80)

TARGET

Rs.21/- Rs.24/30/35/40/80 SL Rs.15/-

Forget Short Term Movment