DSKF16

NIFTY: Week Ahead, Spot & FUT Levels Weekly(20/08/18) Basis

Education
DSKF16 Updated   
NSE:NIFTY   Nifty 50 Index
...levels plotted & mentioned in charts.

updates .... as when needed.
Comment:
Important for NIFTY:
"Surprise exit: Infosys CFO MD Ranganath quits, Narayana Murthy calls it 'irreplaceable loss"
Comment:
Important for NIFTY:
L&T to consider buyback proposal at board meeting on August 23

Trading window for dealing in the securities of the company will be closed for Staff from August 20, 2018.
Comment:
Q. What a balloon needs to Normal in figure?
Ans: Only a PIN.
But there are couple of Pin. Mentioned only two of them.
PIN #1 (Economy): India’s current account deficit to widen in 2018-19: Top FinMin official.
Experts believe that CAD is expected to cross 2 percent of GDP in the quarter ended June against 1.9 percent in 2017-18.

PIN #2 (Political): PM Narendra Modi's popularity drops by 4% in 5 months: Report
A four percent slide in popularity in such a short time is bound to worry the senior leadership of the BJP as well as Modi himself.

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