Companies

"Global markets witnessed a strong rally as easing trade tensions and promising economic data buoyed the sentiments. Indian markets too ended the week with strong gains especially in midcaps and small caps," Hemang Kapasi, Portfolio Manager - Equity Investment Products, Sanctum Wealth Management, said.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Corporate earnings, budget expectations to drive equities this week: Analysts

As luck would have it, the trade manifested in the next three days, and I was out with a good profit. This trade accounted for 70 percent of my profit for that year –2016, and in the last three years, I have not had such a trade. I had not anticipated the trade to work out so fast, else it would have bought a near month Put option that would have multiplied my profit many times. But then, that’s the nature of the market, you win some and you lose some. … [Read more...] about Jai Bala: The Singapore-based trader who has an uncanny skill of calling market peaks

Take another example. The market made a low on around February 12th, 2016. Nifty made a new low but other indicators were showing divergences. By February 20th, 2016 when the budget was there we had all the discussions about the recession and long-term capital gains would be announced. During this two weeks, Dow Jones indices and other markets had all moved up 5 percent from the bottom. … [Read more...] about It is not about selection but about allocation: Nooresh Merani

Nepal casinos to get off the groundIts Nepal casinos are caught in an operational delay. Now, with all necessary approvals, these are likely to start operations in Q4 FY20. According to the management, its Nepal operations have the potential to generate revenue of Rs 60-70 crore per annum with more than 40 percent EBITDA margin.Cruise casino – A new growth driverDelta had made a strategic investment of $10 million to acquire 25 percent stake in Jalesh Cruises, a luxury cruise, which went on stream in April 2019 in India. This is expected to bring in revenue of Rs 25-30 crore per year for the company. Any scale-up in operations by Jalesh means significant revenue upside for Delta.Jalesh’s occupancy level is on the rise, hitting 60-65 percent in October-December from 20-25 percent earlier. Higher occupancy is also seen to yield more revenue for Delta, along with the benefit of operative leverage. … [Read more...] about Delta Corp Q3 – In-line results; online gaming full of promise

Lau believes that the display on the upcoming OnePlus flagship will be in the best screen on a smartphone in 2020. He took to twitter to showcase the capability of the new 120Hz Fluid Display.The OnePlus 120Hz Fluid Display: The smoothest, most effortless scrolling experience ever on a smartphone. pic.twitter.com/I4FWP64NfO … [Read more...] about OnePlus demonstrates 120Hz Fluid Display for the upcoming OnePlus 8 series