SP Chandel - Stock Market News & Updates

HDFC’s profit up 4 times at 8,372 crore HDFC’s profit grew nearly 4 times to Rs 8,372 crore in the December quarter. The company had made a profit of Rs 2,113.80 crore in the same period a year ago.  HDFC is the country’s largest provider of home loan. In an IT Now poll, analysts had expected HDFC’s profit to be Rs 6,300 crore. The profit of the company was contributed by Fair Value Gain of Rs 9,019.81 crore due to the merger of Gruh Finance with Bandhan Bank. HDFC has said, “Gruh Finance was a subsidiary of HDFC. It has merged with Bandhan Bank. The merger took effect on October 17. The investment in Griha has earned HDFC a fair value of Rs. 9,019.81 crore.” HDFC’s board approved a proposal to raise Rs 45,000 crore from non-convertible debentures from a private placement basis. HDFC’s provision increased to Rs 2,995 crore from Rs 116 crore in the same period a year ago. The country’s largest home loan company said that its thinking about p

Where and how to Invest in 2020 There is a state of excitement in every investor regarding investment. In the changing times, how much should be invested in which option, a big question comes up. It has always been an eternal and objective question about investment, where and how to invest so that maximum profit can be made. Although investment options and methods have changed over a period of time, this question has always been relevant and probably will remain, as the world constantly changes and this change continues to affect investment options. In a period, gold was an attractive medium of investment, then the land took place. After the emergence of the monetary era, many financial products came into the market, starting from fixed deposits and then expanding. Now its various types like shares, debentures, ETFs, derivatives, mutual funds etc. are available as an investment option. Apart from this, FD, land and flats, gold etc. are also the main

What is your view on investment in TCS shares, Is it good time to make entry? CY18 - A memorable year for TCS denoting its 50th birthday celebration and as the first Indian organization to cross the $100 bn mark. Despite the fact that TCS turned 51 on Apr 1 2019, it's as yet youthful enough to be a youngster, with the stamina of a long distance runner. For quite a while, Infosys was viewed as the bellwether of the IT segment, a dear of the establishments/financial specialists and, the outcomes season consistently started with its quarterly outcomes. In any case, the tide changed for TCS two or three years prior, practically matching with the start of the advertiser - the executives spat at Infosys. From that point forward, TCS has assumed control over the mantle, with no advertiser intercession/interruption and keeps on producing amazing quarterly outcomes, while keeping up the high edges. Considering the reality the most IT organizations have been confronting numero

Sensex fell 227 points to close at 41300, Nifty slipped 62 points and slipped below 12200 Tata Steel shares fall 2.5%, Asian Paints losses 2% ONGC shares up 1.4%, Reliance Industries gains 0.5% Selling continues to dominate the stock market even today. During the trading, the Sensex fell 227 points to 41,301.63. The Nifty saw a loss of 62 points. It touched a low of 12,162.45. According to traders, there is a slowdown in the Indian market due to poor quarterly results of major companies and weak foreign signals. 24 out of 30 Sensex stocks and 37 out of 50 Nifty stocks declined. Tata Steel shares fell 2.5%. Mahindra & Mahindra lost 2.3%. Asian Paints was down 2% and Titan was down 1.8%. Hero MotoCorp saw losses of 1.3% and HDFC Bank 1.2%. On the other hand ONGC stock gained 1.4%. Reliance Industries recorded a gain of 0.5%. TCS was up 0.4% and ICICI Bank was up 0.3%. UltraTech Cement and Tech Mahindra saw gains of 0.1% to 0.3%. You can contact us fo

Know what happens to crude oil, where does the effect of falling prices Crude oil is a commodity that carries the economy of many countries around the world. Its cheap and expensive has a direct impact on the life of the common man. Due to this, the economy of the country is also affected. It not only helps in the growth of GDP, but it is also a means of earning for some countries. Around 924 million barrels of crude oil are consumed daily worldwide. Among the countries consuming it, China, America, Japan and India have more shares. What is crude oil Crude oil, or crude oil, has an important role in driving the wheel of the global economy. The crude oil found naturally is called crude oil. Actually crude oil is a dark colored liquid. It is a type of dark hydrocarbon substance that is found in the world, inside the sea and on land. Its history is 300 million years old. A minimum of 20 gallons of gasoline is used to make one barrel of oil. Crude oil is

Direct mutual fund plan What are the direct plans in mutual funds and what are the benefits from them. Nowadays investors have started investing through direct plans of mutual funds but investors still have many doubts and questions about the direct plans of these schemes. Whether to invest in mutual fund schemes through them? What are direct plans? Although Asset Management Companies (AMC) had allowed direct investment in mutual fund schemes before 2011, there was no separate scheme for these investments. These investments were made in the distributor scheme itself and were tracked with the NAV out of the distributor scheme. Hence the investor was bound to buy the mutual fund on the basis of the NAV of the distributor schemes. With the introduction of the Direct Plan from January 1, 2013, things changed. Direct Plan in Mutual Fund Direct plans or direct plans are those where AMC / mutual fund houses do not charge distributor expenses / trail cha

SIP Investment - How to make a crore from investing in SIP, that is how investing in SIP can make you a millionaire. Clearly how much you have to save, where to invest and how much return you can get.Everyone understands that to become rich, you have to spend less than your income and save and invest that savings at the right place. But we should also be clear about how much we have to save and where to invest to achieve our objective. SIP calculator If you know how much money you need to fulfill your purpose, then today you are telling you how much you should invest and where to invest. If you have to achieve the objective of achieving a certain capital, then here you are telling how you can achieve it in the next twenty five years. If you want to get 1 crore rupees from your investment, then in the table given here, you can see how much money you can get on a certain interest or return after depositing a sum of money per month. How to make one crore from investment in SIP Th