CapitalVia: Morning Update

News of The Day:
Narendra Modi to take oath as India`s 15th PM today.

☛ The Nifty tested 7400, at up 61.65 points at 7428.75 and the Sensex is up 259.73 points at 24953.08.
☛ From the precious metals space, gold prices trade lower, logging a modest weekly loss on Friday.
☛ Sun Pharma is up 3 percent while infrastructure stocks are hogging limelight in early trade.
☛ NTPC, Tata Power, Coal India and L&T are other top gainers in the Sensex.
☛ Indian rupee gained 8 paise to 58.44 a dollar in early trade on Monday as against Friday's closing value of 58.52 a dollar.


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CapitalVia: Morning Update

Share Bazaar Opening Bell :

☛ Sensex, Nifty flat; The Sensex slipped 27.96 points to 24348.92 and the Nifty lost 10.50 points to 7265.
☛ Sun Pharma topped the selling list in the Sensex, falling nearly 2 percent after US FDA has issued warning letter to its Karkhadi unit.
☛ The Indian rupee has opened lower at 58.70 a dollar on Wednesday, down 7 paise compared to previous day's closing value of 58.63 per dollar.

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CapitalVia: Morning Update

Share Market Opening Bell :

☛ The Sensex is up 935.09 points or 3.91 percent at 24840.69, and the Nifty up 277.45 points or 3.90 percent at 7400.60.
☛ The Indian rupee opened sharply higher on the election results day. It is trading at 59.92 against 59.29 Thursday.
☛ SBI, HDFC Bank, BHEL, Axis Bank and L&T stocks are major gainers in the Sensex, up 4-9 percent each.
☛ BJP is already in celebration mode but the mood is muted at the Congress office. There is massive security in place across the country as counting day beckons.

Elections2014 will make a huge impact on the markets today and thereafter. Stay tuned for more updates CapitalVia Global Research Limited Review.

CapitalVia: Morning Update

Monday Market Opening Bell :

☛ The Sensex is up 224.46 points at 23218.69, and the Nifty gains 60.05 points at 6918.85.

☛ ONGC is up 3 percent while Axis Bank and SBI gain 2 percent each.

☛ Corp Bank Q4 Net down 88% on higher provision, bad loans

☛ The Indian rupee opened higher by 6 paise at 59.98 per dollar versus 60.04 Friday.

☛ Stocks in news: RIL, Bank of India, Torrent Power, ONGC.

More news coming up.. Stay Tuned with CapitalVia Global Research Limited.

CapitalVia’s India Ideathon announces the Phase II result

Capitalvia’s India Ideathon has been a great success till now and the ideas that came across were truly innovative. But then the fact being that we have to reach to that one idea which has the potential to be taken to the next level. We believe that as few years back CapitalVia was also an Idea which has reached to this level today. An idea that is innovative is worth pursuing and each thoughtful idea has a scope of possibility to it. Hence, we were keen to bring forth the Idea of starting India Ideathon to nurture “An idea”. 

The journey of Capitalvia’s India Ideathon started in October. Having smoothly crossed the phase I of the selection process, we feel proud to congratulate the 18 winners of Phase II round of India Ideathon as per the results announced on May 1 of 2014. CapitalVia Global Research Limited is always keen to take initiative of organizing such events. Recently, Capitalvia organized a Marathon in Indore with a purpose to increase the physical activity among people which seems to diminish with mechanization of our life at home, work & beyond. And now this drive was started with the aim to bring forth the prospering business ideas from the people who could innovate and make it to the top but lack in financials.
 

These shortlisted 18 candidates are the ones whose ideas could stand out and thus they have been chosen amongst the 100 participants who were recently shortlisted in Phase I. Top three candidates with the best ideas are yet to be finalized. The jury will make the final announcement of the top three winners on May 9 who will be awarded with cash prizes. The competition is high and so is the strength of the ideas. So keep waiting for the upcoming event date of the competition. The shortlisted 18 are eligible for Phase III wherein the seed funding round will be done.
 

The response towards India Ideathon has been explicitly great and fetched a lot of business ideas which people want to be implemented. In Phase III, the luckier one will be selected to get 25 lacs to jump start the project. The company will also assist the winner for further implementations.