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Apr 1, 2023
Buy these two stocks for gains; Nifty support visible at 17300-17150, Bank Nifty support at 36900

By Rohan Patil

Nifty 50, the benchmark index, on the weekly chart has formed a bearish evening star candlestick pattern and has drifted below 17500 levels with a loss of more than one and a half per cent. From the second week of October 21, momentum oscillator RSI (14) is reading in a lower low lower high formation on the weekly time frame indicating a lack of momentum in the current trend.

India VIX on the daily time frame continues to settle below 21- DMA and it is also placed below 20 levels in the last couple of days. A VIX index drifting lower is definitely a good sign for the traders as will be less volatility and a stable move. After last week’s close, on the lower end, support is visible at 17300 – 17150 whereas resistance is seen at 17,850-17,950.

BANK NIFTY

It was a narrow range truncated week for the Bank Nifty where we got only three trading sessions and prices witnessed very narrow range movement amid volatility. Chart-wise we have not seen much technical progress on the weekly time frame where it just closed marginally below its previous week’s candles.

For the entire week, prices continue to trade above their 21–day exponential moving average which is placed at 36921 levels. Currently, prices on the weekly chart have halted near the resistance of a downward sloping trend line.

The momentum oscillator RSI (14) has given a horizontal trend line breakout above 55 levels and the indicator has retested in this recent throwback near its trend line support.

The immediate support for the Bank Nifty is placed near its 21 DMA which is placed at 36900 levels and the upper band of the index is capped at 38700 levels if the Banking index is closed above the said levels then the gate for the prices is open till 39400 levels.

GLENMARK PHARMACEUTICALS: BUYTarget: Rs 509 | Stop Loss: Rs 460Return 6.50%

From the last one and half months prices have formed a basing formation and in terms of classic technical stock has formed a bullish cup & handle pattern on the daily interval.

On the 5th April prices have given a decisive breakout above its trend line resistance which is also a breakout of a cup and handle pattern at 470.15 levels. The breakout was followed by an above average volume and prices successfully closed above its 21- day exponential moving average on the daily time frame.

The majority of indicators and oscillators are also in bullish range shift mode and reading above its line of polarity.

RAMCO CEMENT: BUYTarget: Rs 877 | Stop Loss: R. 775Return 8%

After forming a bullish ABCD harmonic pattern on the daily chart prices consolidated in a triangle pattern for more than a month and traded within a very narrow range. On April 5 prices have given a decisive breakout above its trend line resistance which is also a breakout of a triangle pattern at 802 levels with above average volumes.

On the broader time frame prices have also given a breakout above their five-week high and RSI (14) has shown a sharp bounce back from oversold levels with positive crossover.

(Rohan Patil is a Technical Analyst at Bonanza Portfolio. The views expressed are the author’s own. Please consult your financial advisor before investing.)

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Mar 29, 2023
Ahore Rajasthan Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

As anticipation mounts for the upcoming Ahore Constituency Election in Rajasthan, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Ahore Constituency Assembly Election 2023 that every voter should be aware of.

Ahore Constituency Rajasthan Assembly Election 2023: Voting Date

The voting date for the Ahore Assembly Constituency Election 2023 has been officially announced by the Election Commission. As per the ECI, Ahore Assembly Constituency will go to polls on November 25. Stay tuned for updates as we bring you the latest information.

Ahore Rajasthan Election 2023: Candidates

Watch this space as prominent political parties, including the Bharatiya Janata Party (BJP)Indian National Congress (INC)and Bahujan Samaj Party(BSP) along with others, are poised to reveal their candidates for the Ahore Assembly Constituency Election 2023 post the official declaration of voting dates by the Election Commission of India.

Stay informed as we bring you the latest updates on the Ahore Assembly Constituency Election 2023, keeping you abreast of all the developments and insights that matter to you.

Ahore Constituency RJ Election Result: What happened in 2018

Chhagansingh from Ahore of Rajasthan, won the seat with 74928 votes. He defeated Indian National Congress’ Savaram Patel who had polled 43880 votes. The winning margin was 31048 votes.

2018 Ahore Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesChhagansinghBharatiya Janata Party74928

Candidate List Party Name Votes Gained (Vote %) Chhagansingh Bharatiya Janata Party 74928 (49.25%) Savaram Patel Indian National Congress 43880 (28.84%) Pankaj Bahujan Samaj Party 22808 (14.99%) None Of The Above None Of The Above 3111 (2.05%) Jagdish Choudhary Independent 2684 (1.76%) Chhagnaram Hindustan Janta Party 1204 (0.79%) Milap Chand Jain Independent 1091 (0.72%) Lal Chand Independent 1021 (0.67%) Nimbaram Independent 644 (0.42%) Balwant Singh Shiv Sena 311 (0.2%) Dinesh Kumar Aam Aadmi Party 255 (0.17%) Prakash Singh Abhinav Rajasthan Party 189 (0.12%)

Ahore Constituency RJ Election Result: What happened in 2013

In the Rajasthan Assembly election of 2013, Shankar Singh Rajpurohit won from the Ahore seat garnering 57808 votes and defeated Indian National Congress candidate Savaram Patel who bagged 48656 votes. The candidate who came third was National People’s Party’ Hadmanaram.

Shankar Singh Rajpurohit got 57808 votes while Savaram Patel got 48656 votes.

2013 Ahore Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesShankar Singh RajpurohitBharatiya Janata Party57808

Candidate List Party Name Votes Gained (Vote %) Shankar Singh Rajpurohit Bharatiya Janata Party 57808 (42.35%) Savaram Patel Indian National Congress 48656 (35.64%) Hadmanaram National People’s Party 4396 (3.22%) Mohan Lal Independent 3541 (2.59%) Fusaram Independent 2701 (1.98%) Malam Singh Bahujan Samaj Party 2365 (1.73%) Genaram Meghwal Independent 1923 (1.41%) Jitendra Kumar Independent 1910 (1.4%) Hanumana Ram Independent 1608 (1.18%) Sakha Ram Awami Aamjan Party 1472 (1.08%) Chela Ram Independent 1387 (1.02%) Indra Kanwar Jago Party 1258 (0.92%) Ajaypal Singh Independent 1183 (0.87%) None Of The Above None Of The Above 1031 (0.76%) Mangilal Independent 865 (0.63%) Bhanwar Lal Bharat Nav Nirman Party 682 (0.5%) Vijay Shree Bharatiya Yuva Shakti 676 (0.5%) Ganpat Independent 669 (0.49%) Dinesh Kumar S D Bahujan Sangharshh Dal 604 (0.44%) Chaganlal Hindustan Janta Party 515 (0.38%) Kailash Kumar Parmar Independent 471 (0.35%) Shakur Bhai Independent 402 (0.29%) Lada Ram Independent 385 (0.28%)

Ahore Constituency RJ Election Result: What happened in 2008

Bhag Raj Chowdhary of the INC was the winning candidate from the Ahore constituency in the RJ Assembly elections 2008, securing 36253 votes while 22502 votes were polled in favour of Chiranji Lal of the BJP. The margin of victory was 13751 votes.

2008 Ahore Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesBhag Raj ChowdharyINC36253

Candidate List Party Name Votes Gained (Vote %) Bhag Raj Chowdhary INC 36253 (34.42%) Chiranji Lal BJP 22502 (21.36%) Ganpat Singh IND 11553 (10.97%) Ganpat BSP 8778 (8.33%) Ransingh IND 8687 (8.25%) Bajrang Singh IND 6222 (5.91%) Bhiyaram IND 2809 (2.67%) Nimba Ram IND 2316 (2.2%) Babu Lal IND 2090 (1.98%) Sher Khan NCP 1083 (1.03%) Jagdish IND 825 (0.78%) Footarmal Jain IND 643 (0.61%) Chagan Lal LSWP 631 (0.6%) Nain Singh IND 563 (0.53%) Premaram IND 383 (0.36%)

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Mar 28, 2023
The rise of the tech and gadget marketplace in the metaverse

By Ankit Kothari

Step into the metaverse, and you’ll find a thriving marketplace transforming how we interact with technology and gadgets. In this digital realm, where the boundaries of reality blur, tech and gadget enthusiasts are coming together to explore, buy, and sell products in ways that were once confined to the physical world. This metaverse marketplace is not just a virtual showroom, it’s a dynamic ecosystem fueled by innovation and driven by the statistics of a burgeoning digital economy.

The metaverse, a collective digital universe formed by interconnected virtual spaces, has become a playground for tech enthusiasts. It’s a place where you can not only admire the latest gadgets but also test them out in immersive virtual environments. According to a report by Meta (formerly Facebook), over 2.5 million people attended a virtual reality (VR) concert in 2021, demonstrating the metaverse’s potential for tech-driven experiences.

2. Virtual Retail: Where Stats and Sales Converge

Virtual retail spaces in the metaverse are nothing short of digital wonders. Here, you can stroll through virtual showrooms, interact with AI-powered sales assistants, and even haggle over virtual gadgets. The metaverse is rapidly becoming a significant sales channel. According to a Statista report, the global virtual reality (VR) market is expected to reach $85 billion by 2025. This growth is driven by virtual commerce, including tech and gadget sales.

3. NFTs: Turning Digital Gadgets into Collectibles

Non-fungible tokens (NFTs) have breathed new life into the concept of ownership in the digital age. Tech companies are capitalising on this trend by creating NFT versions of their products. For instance, a virtual representation of a limited-edition smartphone can be bought as an NFT. According to NonFungible.com, the total NFT market capitalisation reached $41 billion in 2021, with digital collectables and virtual land sales contributing significantly.

4. Tech-Driven Socializing: Virtual Tech Meetups and Events

The metaverse isn’t just about buying gadgets; it’s about connecting with like-minded tech enthusiasts. Virtual tech meetups and events in the metaverse have been on the rise. These gatherings offer opportunities to attend product launches, learn from tech experts, and even test gadgets virtually. In 2021, the metaverse saw the emergence of tech-focused virtual events, such as the “VR Days Europe” conference, which attracted thousands of attendees.

5. Immersive Product Testing: The VR Advantage

Virtual reality (VR) is pivotal in the metaverse’s tech and gadget marketplace. VR allows users to experience products before purchasing them, bridging the gap between the physical and digital worlds. According to a report by VRScout, the global VR market is projected to reach $57.55 billion by 2027. VR-based product experiences and sales drive a significant portion of this growth.

6. Tech Giants Enter the Metaverse

Tech giants are not sitting on the sidelines in the metaverse. Meta, formerly Facebook, is actively investing in metaverse development, and companies like Apple and Google are exploring metaverse-related initiatives. These tech titans are bringing their expertise and resources into the metaverse, which is likely to accelerate its growth as a tech and gadget marketplace.

7. The Future: A Seamless Blend of Real and Virtual

As the metaverse evolves, the lines between the real and virtual worlds will blur even further. The statistics suggest that the metaverse’s tech and gadget marketplace is poised for substantial growth. It’s a realm where innovation, socialisation, and commerce converge, offering tech enthusiasts a new dimension to explore and enjoy their passion.

In conclusion, the metaverse is more than a buzzword; it’s a transformative force in the tech and gadget industry. It’s a place where statistics meet sales, where digital experiences rival physical ones, and where the future of tech unfolds in ways we’ve only begun to imagine. As the metaverse expands, it promises to reshape the way we interact with technology and gadgets, offering a dynamic, immersive, and innovative playground for tech enthusiasts worldwide.

The author is co-founder and director, Whatnot India

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Mar 27, 2023
Share Market Highlights: Sensex settles over 900 pts up, Nifty closes above 17850; Bank Nifty up 2%, Titan, Bajaj twins gain

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity indices rallied over 1.5% on Friday with Sensex closing above 60,800 and Nifty 50 settling above 17,850. During the day indices remained volatile, but towards the end of the session, they surged, ending broadly in green. The NSE Nifty 50 surged 243 points or 1.38% to 17,854.05 and BSE Sensex skyrocketed 909 pts or 1.52% to 60,841.88. Top gainers on the Nifty 50 were Titan, Adani Ports, Bajaj Finserv, Bajaj Finance and HDFC Bank while the losers were Divis Lab, Adani Enterprises, BPCL, Tata Consumer and Hindalco. Bank Nifty surged 830.40 pts or 2.04% to 41,499.70. The index’s top gainers were Bank of Baroda, HDFC Bank, State Bank of India, IndusInd Bank and PNB while IDFC First Bank was the lone loser.

Live Updates

Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Highlights, Friday, February 3

17:24 (IST) 3 Feb 2023 Why Sensex, Nifty, Bank Nifty surged today; Adani Group stocks end in green

Indian equity indices rallied over 1.5% on Friday with Sensex closing above 60,800 and Nifty 50 settling above 17,850 led by heavy buying in banking shares and recovery in Adani Group stocks. During the day indices remained volatile, but towards the end of the session, they surged, ending broadly in green. The NSE Nifty 50 surged 243 points or 1.38% to close at 17,854.05 and BSE Sensex skyrocketed 909 pts or 1.52% settling at 60,841.88.

Read the reasons behind today’s surge

16:10 (IST) 3 Feb 2023 Nifty approaching to climb above 20 DMA, can test 18000 level

“The Nifty, in the week gone by, had breached its 40 WEMA on an intraweek basis; however received support near the lower end of the downward sloping channel & the 200 DMA & recovered thereon. The recovery picked up momentum on February 03 as the index surpassed the hurdle zone of 17650-17700. Consequently, the Nifty is approaching to climb above the 20 DMA & can test the level of 18000 on the higher side. On the other hand, the near-term support is placed at 17700 with the major support near 17350.” – Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas.

15:50 (IST) 3 Feb 2023 Bank Nifty settles over 800 pts up; SBI, BoB among top gainers

Bank Nifty surged 830.40 pts or 2.04% to 41,499.70. The index’s top gainers were Bank of Baroda, HDFC Bank, State Bank of India, IndusInd Bank and PNB while IDFC First Bank was the lone loser.

15:47 (IST) 3 Feb 2023 Adani Ports among top gainers, Adani Enterprises among losers

Top gainers on the Nifty 50 were Titan, Adani Ports, Bajaj Finserv, Bajaj Finance and HDFC Bank while the losers were Divis Lab, Adani Enterprises, BPCL, Tata Consumer and Hindalco.

15:44 (IST) 3 Feb 2023 Sensex, Nifty end in green

The NSE Nifty 50 surged 243 points or 1.38% to 17,854.05 and BSE Sensex skyrocketed 909 pts or 1.52% to 60,841.88.

15:25 (IST) 3 Feb 2023 Bank Nifty skyrockets over 2%

Bank Nifty surged 842 pts or 2% to 41,512.15. The index’s top gainers are Bank of Baroda, HDFC Bank, State Bank of India, IndusInd Bank and PNB while IDFC First Bank, Federal Bank, Bandhan Bank, AU Bank and ICICI Bank are the losers.

15:20 (IST) 3 Feb 2023 SBI shares rise 3% ahead of Q3 results announcement

State Bank of India (SBIN) shares rose 3% to Rs 544 ahead of the quarterly results announcement. It touched an intraday high of Rs 546 and a low of Rs 425.

14:15 (IST) 3 Feb 2023 ITC shares remain volatile; should you buy, hold or sell?

ITC share price saw a volatile day of trade on Wednesday as a result of the tax hike in cigarettes, announced in Budget 2023. The ITC scrip saw a 6.6% fall intraday before soaring to touch a fresh 52-week high at Rs 365.65 on the BSE, up 3.7%. The tobacco giant continued to extend its gains on Thursday, gaining 7.4% over the course of two sessions. The share price traded at a discount of 0.5% at Rs 376.65 on Friday, ahead of its Q3FY23 earnings.

ITC shares: should you buy, hold or sell?

14:11 (IST) 3 Feb 2023 Titan shares rise over 6%; should you buy, hold or sell?

Titan shares rose 6% to Rs 2,444 on Friday, February 3 2023 despite the company’s EBITDA missing market estimates. Titan topped the list of late Rakesh Jhunjhunawala’s favourite stocks, and hasn’t shown any significant movement since the demise of the big bull. In the last one month, the stock has fallen over 7% while it has risen nearly 200% in the past five years. Several brokerages hold a buy rating for Titan shares with a target price of up to Rs 3070.

Should you buy, hold or sell Titan shares?

13:11 (IST) 3 Feb 2023 Bank Nifty reclaims 40900, gains 200 pts

Bank Nifty rose 233 pts or 0.57% to 40,902.80. The top gainers of the index are HDFC Bank, Bank of Baroda, IndusInd Bank, State Bank of India and AU Bank while IDFC First Bank, PNB, Federal Bank, Bandhan Bank and ICICI Bank are the top losers.

10:41 (IST) 3 Feb 2023 Titan shares rise 4%

Titan shares were trading 4.04% higher at Rs 2398.05 despite the company’s quarterly results missing the market estimates. “Titans adjusted EBITDA for Q3 was 6-9% below estimates, on weaker margins in TEAL subsidiary and intl. investments. Standalone margins were in line with our estimates. The Jewellery segment saw UCP growth of 15% in Q3, led by 15-18% growth in Oct-22/Dec-22, while Nov-22 saw relatively-weaker growth trends. Interestingly, Jan-23 has seen robust growth trends of >20% on 3Y CAGR basis which should drive Street’s earnings upgrades, in our view,” said analysts at Emkay Global.

10:41 (IST) 3 Feb 2023 Adani Enterprises shares crash 35%

Adani Enterprises shares tanked 35% to hit a lower circuit in the morning trade after the National Stock Exchange (NSE) put Adani Enterprises, Adani Port, and Ambuja Cement under additional surveillance measure (ASM) framework starting on 3 February, especially after a massive stock rout in most of Adani group stocks. The stock hit an intraday low of Rs 1017.51 on BSE. The sharp fall in the share price for three consecutive sessions comes after the conglomerate cancelled its Rs 20,000 crore FPO. 

09:24 (IST) 3 Feb 2023 Top gainers/losers

Titan, IndusInd Bank, Bajaj Finance, State Bank of India and Bajaj Finserv were the top gainers while Power Grid, Nestle India, Tech Mahindra, HCL Tech and Reliance Industries Ltd (RIL) were the top losers.

09:24 (IST) 3 Feb 2023 Nifty, Sensex open in green

The BSE Sensex rose 422.7 or 0.71% to 60,354.94 and NSE Nifty 50 climbed 112.00 pts or 0.64% to 17,722.40.

09:15 (IST) 3 Feb 2023 Nifty, Sensex end pre-open in green

Indices ended pre-opening session in green. The BSE Sensex rose 417.77 pts or 0.70% to 60,350.01 and NSE Nifty 50 climbed 111.35 pts or 0.63% to 17,721.75.

09:12 (IST) 3 Feb 2023 Stocks under FO ban

Ambuja Cements and Adani Ports are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Friday, February 3.

Read full story here

09:10 (IST) 3 Feb 2023 FII DII Data

Foreign institutional investors (FII) sold shares worth a net Rs 3065.35 crore while domestic institutional investors (DII) bought shares worth a net Rs 2371.36 crore on Thursday, February 2, 2023, according to the data available on NSE. For the month till February 2, FIIs sold shares worth a net Rs 1,280.14 while DIIs bought shares worth a net Rs 2,900.83 crore.

Read full story here

08:32 (IST) 3 Feb 2023 US stock indices end mixed

The US stock indices ended in mixed as well on Thursday. The Dow Jones Industrial Average (DJIA) fell 39.02 pts or 0.11% to 34,053.94, S&P500 rose 60.55 pts or 1.47% to 4,179.76 and the Nasdaq composite rose 384.50 pts or 3.25%, settling at 12,200.82.

08:29 (IST) 3 Feb 2023 Asian markets trade mixed

Asian markets were trading mixed on Friday. China’s Shanghai Composite index fell 42.70 or 1.30% to 3,242.88, Hong Kong’s Hang Seng dropped 458.20 pts or 2.09% to 21,500.16 while Japan’s Nikkei 225 rose 116.70 or 0.43% to 27,518.75 and South Korea’s KOSPI climbed 6.21 pts or 0.25% to 2,475.09.

08:23 (IST) 3 Feb 2023 Indian market not able to gain because of the Adani saga

“Despite a growth-oriented budget, drop in crude prices and upside in the global market, the domestic market is not able to gain because of the Adani saga having a ripple impact on the investors. In addition, the premium valuation of India continues to weigh down the performance compared to other emerging markets which are expecting an upside in the economy. The global markets are positive in an assumption of being in the last phase of the rate hikes.” – Vinod Nair, Head of Research at Geojit Financial Services.

08:20 (IST) 3 Feb 2023 Bank Nifty remains in “buy on dip” mode

“The Bank Nifty index witnessed extreme volatility throughout the day, but the index managed to hold the support level of 40,000 on the downside. The index’s immediate hurdle on the upside stands at 41000, and if breached decisively, we will witness a short covering towards 41500. The index remains in “buy on dip” mode as long as the mentioned support levels are held.” – Kunal Shah, Senior Technical Analyst at LKP Securities.

08:19 (IST) 3 Feb 2023 Nifty trend looks negative; resistance placed at 17750, support at 17450

“The benchmark Nifty has been hovering within a falling channel, where it has found support at the lower band of the said channel. The trend looks negative, with the RSI trending upside down. A resistance level on the higher end is visible at 17750, above which the Nifty may move up towards 17950. On the lower end, support is pegged at 17450, below which the correction may resume.” – Rupak De, Senior Technical Analyst at LKP Securities.

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Mar 25, 2023
Bikaner West Rajasthan Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

Bikaner West RJ Assembly Election 2023 Details: The election for Bikaner West Assembly Constituency in Rajasthan will be held on November 25 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Bikaner West Constituency Assembly Election 2023 that you should know.

Bikaner West Constituency Rajasthan Assembly Election 2023: Voting Date

November 25 is the date of voting for the Bikaner West Assembly Constituency Election 2023 as announced by the Election Commission of India.

Bikaner West Constituency Rajasthan Election 2023: Candidates List

Bharatiya Janta Party (BJP), Congress and other political parties in the state will announce their candidates for the Bikaner West Assembly Constituency Election 2023 after the announcement of voting dates by the Election Commission of India.

Why Bikaner West Constituency Assembly Election 2023 is Important

Bikaner West is a state Assembly/Vidhan Sabha constituency in the state of Rajasthan and is part of the Bikaner West Lok Sabha/Parliamentary constituency. Bikaner West falls in the Bikaner West district of Rajasthan and is categorised as an urban seat.

Bikaner West Constituency RJ Election Result: What happened in 2018

Bulaki Das Kalla of the Indian National Congress was the winning candidate from the Bikaner West constituency in the RJ Assembly elections 2018, securing 75128 votes while 68938 votes were polled in favour of Gopal Krishn of the Bharatiya Janata Party. The margin of victory was 6190 votes.

2018 Bikaner West Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesBulaki Das KallaIndian National Congress75128

Candidate List Party Name Votes Gained (Vote %) Bulaki Das Kalla Indian National Congress 75128 (47.58%) Gopal Krishn Bharatiya Janata Party 68938 (43.66%) Gopal Gahlot Independent 6563 (4.16%) None Of The Above None Of The Above 1780 (1.13%) Narayan Hari Bahujan Samaj Party 1462 (0.93%) Narayan Independent 1007 (0.64%) Shabnam Bano Independent 900 (0.57%) Chetan Prakash Pania Abhinav Rajasthan Party 884 (0.56%) Surendra Singh Independent 389 (0.25%) Pukhraj Shiv Sena 306 (0.19%) Shiv Shankar Ojha Anarakshit Samaj Party 216 (0.14%) Ritesh Kumar Aam Aadmi Party 205 (0.13%) Haji Mo Dalit Kranti Dal 116 (0.07%)

Bikaner West Constituency RJ Election Result: What happened in 2013

Gopal Krishna of the Bharatiya Janata Party was the winning candidate from the Bikaner West constituency in the RJ Assembly elections 2013, securing 65129 votes while 58705 votes were polled in favour of Dr Bulaki Das Kalla of the Indian National Congress. The margin of victory was 6424 votes.

2013 Bikaner West Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesGopal KrishnaBharatiya Janata Party65129

Candidate List Party Name Votes Gained (Vote %) Gopal Krishna Bharatiya Janata Party 65129 (49.85%) Dr Bulaki Das Kalla Indian National Congress 58705 (44.94%) None Of The Above None Of The Above 2121 (1.62%) Surendra Singh Independent 1078 (0.83%) Mohammad Farukh Bahujan Samaj Party 890 (0.68%) Raj Kumar Gupta National Unionist Zamindara Party 750 (0.57%) Mo Suleman Independent 342 (0.26%) Bhawani Shankar Upadhyay Shivsena 341 (0.26%) Narsingh Independent 269 (0.21%) Navdeep Upadhayay Independent 257 (0.2%) Kedar Independent 219 (0.17%) Mukesh Khankhara Independent 194 (0.15%) Manjur Ali Lok Jan Shakti Party 179 (0.14%) Bharat Nanda Independent 167 (0.13%)

Bikaner West Constituency RJ Election Result: What happened in 2008

Gopal Krishan of the BJP was the winning candidate from the Bikaner West constituency in the RJ Assembly elections 2008, securing 56572 votes while 37711 votes were polled in favour of Dr Bulakidas Kalla of the INC. The margin of victory was 18861 votes.

2008 Bikaner West Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesGopal KrishanBJP56572

Candidate List Party Name Votes Gained (Vote %) Gopal Krishan BJP 56572 (55.06%) Dr Bulakidas Kalla INC 37711 (36.71%) Beena Devi BSP 2126 (2.07%) Mo Mustaq IND 1169 (1.14%) Ramchandra Purohit IND 800 (0.78%) Sundar Lal IND 701 (0.68%) Mo Ramjan LJP 639 (0.62%) Akhlak Ahmed SP 598 (0.58%) Jaiprakash Ojha IND 484 (0.47%) Surender IND 385 (0.37%) Narayan Das IND 275 (0.27%) Kedar Nath Khatri IND 260 (0.25%) Abdul Gaffar JGP 235 (0.23%) Sarfuddin Bhisti IND 152 (0.15%) Sharda Devi IPC 138 (0.13%) Bhawani Shankar SHS 108 (0.11%) Udadas IND 108 (0.11%) Birju Ram BHBP 103 (0.1%) Om Prakash Chhipa IND 100 (0.1%) Sunita RGD 75 (0.07%)

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Mar 22, 2023
Buy Infosys, HDFC Bank, NTPC stocks, charts show strength; fresh pullback rally in Nifty possible above 16300

By Shrikant Chouhan

The benchmark indices registered a volatile trading session, after a roller coaster momentum the Nifty 50 ended 62 points lower while BSE Sensex fell 105 points. Among sectors, the metal index lost the most, shedding over 5 per cent. Whereas some buying was seen in selective banking and FMCG stocks. Technically, after a muted opening the market witnessed intraday recovery but one more time it took the resistance near 16400/55000 and corrected sharply. In addition, on intraday charts, the index is still holding lower top formation, which is broadly negative for the market.

InfosysBUY, CMP: Rs 1,553, TARGET: Rs 1,630, SL: Rs 1,520

The stock has underperformed after hitting the double top formation and it has witnessed a downtrend. However, in recent past sessions, there is a pause in downward momentum. As a result, the counter is into an accumulation phase near its important demand zone. Therefore, the formation indicates the resumption of a bullish uptrend in the coming horizon.

Godrej PropertiesBUY, CMP: Rs 771.3, TARGET: Rs 810, SL: Rs 755

The stock had witnessed gradual price decline post its upward movement. However, reversal is seen from its important support zone on the daily charts. The formation indicates the stock is very likely to resume its new leg of the uptrend from the current levels.

HDFC BankBUY, CMP: Rs 1,341.05, TARGET: Rs 1,410, SL: Rs 1,310

After hitting the highs of 1700, the counter has seen a vertical slide on the downside and is into oversold territory. In addition, it has formed a double bottom chart formation near the support zone with decent volume activity, which indicates a trend reversal in the coming trading sessions.

NTPCBUY, CMP: Rs 155.45, TARGET: Rs 164, SL: Rs 151

The counter has shown an incredible rally in the recent past and despite weak market conditions, the stock is holding firm on higher levels. The structure is representing a bullish continuation chart pattern, which hints at an uptrend to persist in the near term.

(Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities, Views expressed are the author’s own.)

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Mar 21, 2023
Tata Steel, SBI, Adani Transmission, ITC, IndiGo, Paytm, Vodafone Idea, IDFC First Bank stocks in focus

Indian benchmark indices are likely to open on a muted note on Monday, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower at 17813. In the previous session, BSE Sensex rallied 910 pts or 1.52% to 60,842, while NSE Nifty 50 jumped 1.4% to 17,854. “We expect volatility to remain high this week as we have important events and data lined up. First, participants will be eyeing the outcome of the RBI policy meeting scheduled on 8 Feb. On the economy front, IIP data will be unveiled on 10 Feb. On the earnings front, major corporates like Tata Steel, Adani Ports, Ambuja Cement, Bharti Airtel, will announce their numbers,” said Ajit Mishra, VP – Technical Research, Religare Broking.

Stocks in focus on 6 February, Monday

Q3 Results today: Tata Steel, Adani Transmission, AGS Transact Technologies, Balaji Amines, Easy Trip Planners, Infibeam Avenues, JK Paper, Kolte-Patil Developers, LIC Housing Finance, Monte Carlo Fashions, Muthoot Finance, Nuvoco Vistas Corporation, OnMobile Global, Shankara Building Products, SJVN, Tejas Networks, Unichem Laboratories, and Varun Beverages stocks will be in focus ahead of their quarterly earnings.

ITC: The cigarette-to-FMCG-to-hotel major has registered a 21% on-year growth in profit at Rs 5,031 crore for the quarter ended December FY23 despite tepid revenue growth, supported by healthy operating performance. Revenue for the quarter at Rs 16,226 crore grew by 2.3% on-year, aided by cigarettes, FMCG, hotels and paper segments, but agribusiness tanked 37% on-year to Rs 3,124 crore. At the operating level, EBITDA jumped 22% to Rs 6,223 crore with the margin expanding by 620 bps compared to the year-ago period.

IndiGo: InterGlobe Aviation, the low-cost airline operator recorded an 11-fold on-year increase in profit at Rs 1,422.6 crore as revenue for the quarter at Rs 14,933 crore increased by 60.7% and EBITDAR at Rs 3,399 crore grew by 70.3% on-year. EBITDAR margin expanded by 130 bps on-year. The margin was hit by higher fuel costs. Profit excluding foreign exchange loss (Rs 586.5 crore) came in at Rs 2,009.1 crore for the quarter, rising 16-fold on-year. Passenger traffic increased by 25.8% to 2.23 crore and yield improved by 21.9% to Rs 5.38 and load factor improved by 5.4 points to 85.1%.

Vodafone Idea: The Government of India has directed the telecom operator to convert AGR dues of Rs 16,133 crore into equity shares. The company has been directed by the Ministry of Communications to issue 1,613.31 crore equity shares of the face value of Rs 10 each at an issue price of Rs 10 each. The Government passed the said order for the conversion of AGR dues into shares on 3 February.

IDFC First Bank: IDFC, promoter of IDFC First Bank, will infuse Rs 2,196 crore in the lender through an equity share issue on a preferential basis. The bank will issue 378 million shares to the IDFC Financial Holding Company, a subsidiary of IDFC, at Rs 58.18 apiece. “The board of directors of the bank has approved to issue 378 million shares on a preferential basis, to IDFC Financial Holding Company Limited, wholly-owned subsidiary of IDFC Limited, at Rs 58.18 per share amounting to Rs 2,196 crore,” the bank said in an exchange filing.

Tata Power: The power generation and distribution company has reported a 91% on-year growth in consolidated profit at Rs 1,052 crore for the three-month period ended December FY23 led by better performance across all businesses. Consolidated revenue grew by 30% on-year to Rs 14,339 crore for the quarter driven by capacity addition in renewables, higher generation in thermal plants and higher sales in distribution companies. EBITDA for the quarter at Rs 2,818 crore surged by 53% on-year on capacity addition in renewables and better performance across all businesses.

Marico: The FMCG company registered a 5.04% on-year growth in consolidated profit at Rs 333 crore for the October-December period of FY23, led by higher operating margin performance and other income. Revenue for the quarter at Rs 2,470 crore grew by 2.6% compared to the year-ago period with India’s business rising 1.9% on-year to Rs 1,851 crore and the international segment growing 5% to Rs 619 crore. At the operating level, EBITDA increased by 5.8% on-year to Rs 456 crore and the margin expanded by 56 bps on-year to 18.46% on lower input costs.

Paytm: The digital payments platform Paytm’s operator One 97 Communications reported a consolidated loss of Rs 392 crore for the quarter ended December FY23, falling from a loss of Rs 778.5 crore in the year-ago period and a loss of Rs 571.5 crore in the previous quarter. Consolidated revenue from operations at Rs 2,062 crore for the quarter grew by 42% on-year. Merchants paying subscriptions for payment devices stood at 5.8 million during the quarter, up by 3.8 million on-year, while in Q3FY2023, the number of loans disbursed through the platform grew to 10.5 million, up 137% on-year, and the value of loans disbursed grew to Rs 9,958 crore, a growth of 357% on-year.

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Mar 21, 2023
NSE FO ban: Ambuja Cements under ban on Wednesday, February 8, 2023

The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Wednesday, February 8, 2023. Ambuja Cements is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Wednesday. According to the NSE, the stocks mentioned above are prohibited in the F&O sector because they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that stock.

Earlier, on Tuesday, the total number of contracts traded in Index futures was 3,76,088 with a turnover of Rs 36,480.63 crore; while contracts traded in stock futures were 8,12,419 with a turnover of Rs 51,700.70 crore.

Adani Ports was put on the F&O ban earlier on Tuesday, February 7, 2023. The domestic equity indices ended the previous session in red with BSE Sensex falling 220.86 points or 0.37% to 60,286.04 and NSE Nifty 50 dipping 43.10 pts or 0.24% to 17,721.50.

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Mar 21, 2023
Crude to trade sideways as Saudi Arabia raises prices; wait for range-bound activity to end before commencing medium positions

By Bhavik Pate

The rally in Crude from WTI $72 to $77 has been stalled on back of rising US and EU inventories. The rally happened as China opened its borders and IEA as well as OPEC+ in January report stated that global oil demand was set to rise by 1.9 million barrels per day (bpd) in 2023, to a record 101.7 million bpd, with nearly half the gain coming from China following the lifting of its Covid restrictions. Prices also rose on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly.

So this upcoming week, we could see prices drifting sideways but overall trend seems to be on the higher side. The reason is fundamental as on Monday, Saudi Arabia raised the official selling price of its flagship crude going to Asia in March. The hike, which was the first in six months, was due to expectations of a rebound in Chinese demand despite oil price falling. The hike was 20 cent while market was anticipating cut of 30 cent. This clearly shows that Saudi Arabia is bullish as going forward OPEC+ is not going to hike any production. From 5th Feb, Europe has placed oil embargo to sea borne crude from Russia which will also have effect on supply side. It will mean that the well-supplied oil balance at the start of 2023 could quickly tighten as western sanctions impact Russian exports. So despite short term correction, crude oil is not expected to linger at lower levels.

In MCX, crude is stuck between double top and double bottom formation. Double top is near 6750 levels while double bottom is at 6000 levels. No clear direction is evident at the moment since crude is stuck in range. We would recommend traders to opt for trade whenever crude comes near its upper or lower range meaning any buy can be commenced near 6050 levels or sell can be commenced near 6700 levels. We would wait for crude to break the range before recommending any medium term trade.

(By Bhavik Patel, Commodity and Currency Analyst, Tradebulls Securities. Views expressed are of the author and do not represent the policies or opinions of FinancialExpress.com)

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Mar 20, 2023
Nifty to remain range-bound in next 3 months; buy on dips, Banks, Auto, IT stocks among top bets | INTERVIEW

Indian equity markets are likely to stay volatile over the next couple of months due to central banks’ measures to tighten financial conditions, reign in inflation, and likelihood of Chinese Central announcing stimulus measures. Nifty will continue to be volatile but range-bound in a broad range of 15300 to 16800 in the next three months, said Nishit Master, Portfolio Manager, Axis Securities in an interview with Harshita Tyagi of FinancialExpress.com. Quality Banks, Oil & Gas, Auto, Hospitality, Hospitals, Film Exhibitors, and Large Cap IT stocks are among good bets for the investors, Master added. Here are the edited excerpts from the interview.

Q. Markets have been extremely volatile lately, what is the reason?

Q. Buy the dip or Sit on cash till further correction: what is the ideal strategy for investors to sail through this volatility?

This correction is offering investors a good level to increase their equity allocation if their investment horizon is more than three years. For traders, this market can lead to significant risks. We believe that in the current market, one should increase his/ her equity allocation gradually so that the investor can reap its benefits in the medium to long term.

Q. Where do you see Nifty heading in the next three months? Will we see it rallying towards 17,500-18,000?

We believe that the Nifty will continue to be volatile but range-bound in a broad range of 15300 to 16800 in the next three months but expect the second half to be far better off than the first half for stocks this financial year. Our financial year-end target for Nifty is close to 20000.

Q. LIC listing disappointed investors as shares began trading at a discount to the IPO price. What should investors do?

LIC is a strong franchisee and is available at decent valuations, but there is a risk of continuous supply from the government to meet disinvestment targets in the medium to long term, which will cap the upside. If one has a long-term view, our advice would be to stay invested in the stock.

Q. RBI recently hiked rates and markets had a knee-jerk reaction to the same falling 2% on the day. There are expectations of another hike in June MPC. Where do you see rate-sensitive stocks -like banks, auto, and realty in this scenario?

The reaction to the RBI rate hike was negative because it was an unscheduled hike that the market was not expecting. Now the consensus is already building on another rate hike in June MPC, and thus the reaction from the market should be more muted. We believe good quality Private sector and PSU banks can do very well in a rising interest rate environment as they can re-price their assets faster than their liability, which can lead to NIM expansion. Though Auto and Realty can be hit due to higher interest rates, if there is softening of steel prices globally, Auto too could do well as the demand environment is still strong.

Q. What are the key themes, sectors, and stocks that investors must look at this year for good returns?

The focus should be on quality and businesses which can generate good FCF. Some sectors which can do well include Good quality Banks, Oil & Gas, Auto, Hospitality, Hospitals, Film Exhibitors, and Large Cap IT.

(The stock recommendations in this story are by the expert and brokerage firm. Financial Express Online does not bear any responsibility for their investment advice. Capital markets investments are subject to rules and regulations. Please consult your investment advisor before investing.)

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