Richway Traders And Wealth Managers LLP

#ResearchReport - INDIA STRATEGY | 2QFY21 PREVIEW: Back in the saddle. Read more at: https://bit.ly/3jJkZoh #readresearch #marketknowledge #ResearchReport #readresearch #marketknowledge

1) Tech stocks are witnessing smart rally today after TCS announced strong Q2 results. TCS reported Dollar revenue growth 7.1% to $5,420 million while expectation $5287mn. Company reported EBIT margin at 26.2% from 23.6% (QoQ) while expectation 24.8. Market hope of other tech players will be announced good quarterly results. Wipro will announceQ2 results on 13th October and Infosys on 14th October (ADR up 5%). 2) Newly-appointed SBI chairman Dinesh Kumar Khara said that the lender's business has recovered to around 70-80% of pre- Covid levels. Khara said his focus would be on credit quality, preservation of net interest margins (NIMs) and employee safety in view of the pandemic. Credit at the lender is growing in the range of 6-7% and the retail segment is holding up well, Khara said, pointing to the fact that much of corporate demand for debt is moving to the markets. The bank has already provided for all its legacy accounts and its corporate provision coverage ratio (PCR) is around 85% and overall PCR is 83%. #MOMarketUpdates #MotilalOswal #IndianStockMarket #Nifty #sensex #SBI #Techstocks #TCS #HCL

#KnowledgeFirst - Smart way of long term wealth creation. Know more: https://bit.ly/2GEzUlc #KnowledgeFirst

Another strong player of Fundamental Kings. Follow the battle of portfolios. in the bio link. #MOPPL

#ResearchReport - INDIA LIFE INSURANCE (Monthly): Private players’ individual WRP back in black; ~4% YoY growth posted in Sep’20. Read more at: https://bit.ly/36IrPHh #readresearch #marketknowledge #ResearchReport #readresearch #marketknowledge

Learn about what drives the crude oil price in global markets. Click on the bio link to read the article. #InvestingTakeaway #commoditiestrading #commodities #crudeoil

#ResearchReport - CEMENT: Resilience amid seasonal weakness; Pricing declines seasonally, but improves YoY. Read more at: https://bit.ly/33DYwU1 #readresearch #marketknowledge #ResearchReport #readresearch #marketknowledge

1) Beaten down Cement stocks are witnessing fresh buying today after a long time. The market expectation that the Cement demand will improve post-monsoon. Cement stocks expected to be benefitted after gradually reopening of lockdown and an increase in construction activities. Moreover, cement stocks not yet participated in the rally of the market despite Nifty surged to a 7-month high.2) Expects Diagnostic stocks will be positive after Thyrocare Technologies announced strong earning guidance. Stock gained nearly 30% in the last two trading sessions after the announcement. Company says that it has conducted more than 4 lakh Covid-19 RT-PCR tests and more than 3.2 lakh Covid-19 antibody tests as on September 30. Have enhanced capacity to do RT-PCR tests up to 400 per hour. Revenue for the quarter up 37% as compared to last year and up 171% as compared to the previous quarter. Expects positive for other Diagnostic stocks like Dr Lal Path lab, Metropolis and Apollo Hospital. #MOMarketUpdates #MotilalOswal #IndianStockMarket #nifty #sensex #NSE #cement #Medical #healthcare

#Pollsebol Which of the following is the most popular tools used by technical analysts? A> Moving averages B> P/E Ratio #Pollsebol