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Monday, 23 July 2018

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 23 july 2018


CS OPENING BELL:
NIFTY SPOT UP 35@11046
SENSEX SPOT UP 92@36591
BANK NIFTY FUTURES SPOT UP 23@ 26952
                                                                                            HAPPY TRADING!
                                                                                         www.capitalstars.com/


CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES2: 11100
RES 1:11070
SUP1:10910
SUP2:10800



CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH
RES 2: 27400
RES 1: 27100
SUP1: 26800
SUP2: 26550


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call us:

9977499927

7440449744


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* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

Saturday, 21 July 2018

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Bank of Baroda signs MoU with ten companies to loan Rs 500 cr

capitalstars


State-run Bank of Baroda signed a Memorandum of Understanding with ten companies including Uber, Oyo, Lava and Flipkart to provide loans to members in their supply chain like drivers and retailers in its efforts to raise its exposure to small enterprises. 
“We want to target around 5,000 micro-entrepreneurs and spend at least Rs.500 crores in 2018-19,” said P S Jeyakumar, CEO of Bank of Baroda. The bank will sanction these loans online, instead of through branches. “The bulk of loan sanctions will be automated. 


The bank will finance Oyo’s hotel-partners, motorcycles for delivery boys at food-delivery company Swiggy and e-commerce logistics companies, and car drivers at cab aggregators such as Uber. 
BoB said that defaults by some drivers at Uber doesn’t necessarily mean that all loans are risky. 

“Every business proposition has some inherent risk," said Jayakumar. "Using lots of data and AI, we want to find people who are statistically more likely to pay back loans.” Since subsidies and incentives for Uber drivers had been slashed, those now becoming Uber car-owners would be a lot more cautious and realistic about outcomes. 

Mobile phone maker Lava’s retailers will get finance for their working capital from the bank. Ritesh Suneja, Chief Financial Officer of Lava said, “we’re mostly present in non-metros. So most of our retailers don’t have a credit history. But since all sales data is available online, it’s easier to monitor. Action can be taken if sales drop.” 

The bank has also tied up with the Dalit Indian Chamber of Commerce and Industry (DICCI) to provide loans to SC/ST entrepreneurs for owning LPG tankers, subject to them getting a Letter Of Intent from an oil company. Milind Kamble, DICCI Founder Chairman, said, “Loans of Rs.40 lakh each at 9% interest rate will be given to up to 500 SC/ST entrepreneurs through the Stand-up India scheme. That will amount to Rs.200 crore 



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9977499927

7440449744


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* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

Friday, 20 July 2018

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 20 july 2018

capitalstars



CS OPENING BELL:
NIFTY SPOT UP 12@10969
SENSEX SPOT UP 71@36422
BANK NIFTY FUTURES SPOT UP 36.70@ 26878
                                                                                                    HAPPY TRADING!
                                                                                                 www.capitalstars.com                                 

CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES2: 11140
RES 1:11070
SUP1:10910
SUP2:10800

  
CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH
RES 2: 27400
RES 1: 27100
SUP1: 26800
SUP2: 26550


visit us: www.capitalstars.com/


call us:

9977499927

7440449744


Get more details here:-


* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

Thursday, 19 July 2018

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 18 july 2018

capitalstars



CS OPENING BELL:
NIFTY SPOT DOWN 8@10971
SENSEX SPOT UP 45 @36419
BANK NIFTY FUTURES SPOT DOWN 8 @ 26922
HAPPY TRADING!


CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES2: 11140
RES 1:11070
SUP1:10910
SUP2:10800



CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH
RES 2: 27400
RES 1: 27100
SUP1: 26800
SUP2: 26550


visit us: www.capitalstars.com/


call us:

9977499927

7440449744


Get more details here:-


* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

 

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