Steem Price Surpasses $0.85 Once Again This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

This article was originally posted on The Merkel - with a dedicated cryptocurrency news section and also a variety of educational articles relating to Bitcoin, [...]

from Crypto News Monitor | The #1 Cryptocurrency News Source https://ift.tt/2ybYwL5
via IFTTT

Shares Of Hindustan Unilever Jump 2 Percent Ahead Of Q2 Results In Stock Exchange Market

Shares of Hindustan Unilever rose 2.5 percent in the stock exchange market on October 12, 2018, ahead of second-quarter results to declare on October 12. In general volume, development is probably going to be in the range of 7-9 percent, which is expected to boost the organization’s revenue development amid the quarter.

Since July 16, 2018, post-June quarter results (Q1FY19), HUL had failed to meet expectations the market by falling 13 percent when contrasted with 6.4 percent decrease in the S&P BSE Sensex.

FMCG major had detailed a 19.17 percent expansion in the standalone net benefit at Rs 15.29 billion for Q1FY19 driven by hidden volume development of 12 percent and managed margin improvements.

Nirmal Bang expected that the volume development in stock exchange market with the scope of 8-9 percent and esteem development of around 4 percent amid the quarter. “We model 15 percent revenue growth in domestic FMCG business (comparable) aided by 10 percent UVG and 5 percent price-led growth; this implies a 2-yr UVG CAGR of 7 percent. On a segmental basis, we bake in 17 percent and 14 percent YoY revenue growth for Home Care and Personal Care, respectively,” Kotak Securities said in the Q2FY19 profit review.

Prabhudas Lilladher gauged 12 percent deals development on 9 percent volume development and 12.6 percent net benefit development. “The margin expansion to remain modest. We would watch out for anti-profiteering order and crude price inflation,” the financier firm said.

Overall expectations for profit growth for the quarter could be 10-19 percent. ICICI Securities anticipated that the net benefit will grow 16.5 percent to Rs 1,494.6 crore while Axis Capital saw 18 percent development in the bottom line, according to the report of Moneycontrol. The Hindustan Unilever was citing at Rs 1,548.60, up Rs 20.10, or 1.32 percent on the BSE.

EBITDA margin will extend in stock exchange market to 230 bps YoY helped by 100 bps development in GM, according to a report of Business Standard.

The post Shares Of Hindustan Unilever Jump 2 Percent Ahead Of Q2 Results In Stock Exchange Market appeared first on OWLT Market.

from OWLT Market https://ift.tt/2RM3R3V
via IFTTThttps://ift.tt/2OlCCL9

Stock Market India Update: Nifty FMCG Index Gains Two Percent; ITC, Dabur India, Jubilant Foodworks Among Top Gainers

Most FMCG stocks in stock market India were gaining on October 11, 2018. The Nifty FMCG list was exchanging 2.56 percent up at 28,075 around 12:30 pm.

Dabur India (down 3.02 percent), Marico (down 3.27 percent), Godrej Industries (down 2.53 percent) and United Breweries (down 2 percent) were the failures.

Godrej Consumer Products (down 1.88 percent), Hindustan Unilever (HUL) (down 1.63 percent), United Spirits (down 1.57 percent), Britannia Industries (down 1.43 percent) and ITC (down 1.37 percent) declined essentially.

Shares of ITC (up 3.62 percent), Marico (up 4.24 percent), Dabur India (up 3.48 percent) and Jubilant Foodworks (up 3.13 percent) were the best gainers in the FMCG pack.

Britannia Industries (up 2.51 percent), Hindustan Unilever (up 2.32 percent), Tata Global Beverages (up 1.85 percent) and Godrej Industries (up 1.13 percent) were gaining no less than 1 percent.

In stock market India, United Spirits (up 0.72 percent), Emami (up 0.74 percent), GlaxoSmithKline Consumer Healthcare (up 0.40 percent) and Procter and Gamble Hygiene and Healthcare (up 0.33 percent) progressed.

Shares of Procter and Gamble Hygiene and Healthcare (down 0.89 percent), Colgate-Palmolive (India) (down 0.85 percent) and Jubilant Foodworks (down 0.31 percent) too were among the washouts.

Tata Global Beverages (up 1.59 percent), GlaxoSmithKline Consumer Healthcare (up 0.75 percent) and Emami (up 0.13 percent) were in the green around that time.

In any case, Godrej Consumer Products (down 1.62 percent), United Breweries (down 0.42 percent) and Colgate-Palmolive (India) (down 0.12 percent) were down around them.

Benchmark NSE Nifty50 was list down 98 at 11,491, while the BSE Sensex was 300 down at 38,090.

Among the 50 stocks in the Nifty list, 45 were exchanging the green, while 5 were in the red.

In stock market India, Mahindra and Mahindra, Bajaj Finance, Maruti Suzuki India, HPCL and Eicher Motors were among the best gainers in the Nifty record. Tata Consultancy Services, HCL Technologies, Wipro, NTPC and Dr. Reddy’s Laboratories were the failures in the Nifty pack, according to the report of Economic Times.

The post Stock Market India Update: Nifty FMCG Index Gains Two Percent; ITC, Dabur India, Jubilant Foodworks Among Top Gainers appeared first on OWLT Market.

from OWLT Market https://ift.tt/2yj3WDZ
via IFTTThttps://ift.tt/2OlCCL9

Maruti Share Price News: Auto Stocks Trade Decent Gains; Apollo Tyres, Maruti, TVS Motors Among Top Gainers

Maruti share price update: Most auto and auto auxiliary stocks were exchanging with decent gains on October 12, 2018, session. The Nifty Auto record was exchanging 3.34 percent up at 9,031 around 12:15 pm. Mahindra and Mahindra (M&M) (up 5.22 percent) was the best gainer in the auto pack.

Benchmark indices posted their greatest single-day gain in more than two years as the spurt in the rupee and drop in worldwide oil costs enhanced financial specialist sentiment. All around, most markets bounced back, in spite of another sharp cut in US values medium-term, as a withdraw in security yields and the dollar activated risk-on bets.

The sharp gains in Maruti share price helped Sensex post its first week after week gain in about a month and a half. A week ago, the benchmark lists had dove almost six percent.

It was trailed by, Maruti Suzuki India (up 4.57 percent), Bharat Forge (up 4.25 percent), Apollo Tires (up 4.90 percent), Eicher Motors (up 4.22 percent) and Motherson Sumi Systems (up 4.13 percent).

Shares of Ashok Leyland (up 3.76 percent), Bajaj Auto (up 3.56 percent) and TVS Motor Company (up 3.23 percent), Amara Raja Batteries (up 1.88 percent), MRF (up 1.72 percent), Exide Industries (up 1.47 percent), Bosch (up 1.16 percent), Tata Motors (up 0.79 percent) and Hero MotoCorp (up 0.73 percent) additionally showed up among the gainers.

Tata Motors (DVR) (down 0.49 percent) was the main segment of the Nifty Auto list that was down around them.

Asian markets progressed on empowering exchange information from China, which demonstrated residential interest on the planet’s second-biggest economy was solid regardless of intensifying relations with the US, according to the report of Business Standard.

Among the 50 stocks in the Nifty file, 46 were exchanging the green, while 4 were in the red.

Bajaj Finance, Mahindra and Mahindra, Maruti share price India, HPCL and Eicher Motors were among the best gainers in the Nifty list. Tata Consultancy Services, HCL Technologies, Wipro and NTPC were the failures in the Nifty pack, according to the report of Economic Times.

The post Maruti Share Price News: Auto Stocks Trade Decent Gains; Apollo Tyres, Maruti, TVS Motors Among Top Gainers appeared first on OWLT Market.

from OWLT Market https://ift.tt/2CIOAMX
via IFTTThttps://ift.tt/2OlCCL9

Nifty Index Update: Nifty50 Stages Strong Rebound & Forms ‘Morning Star’ Pattern On Daily Chart

The Nifty index organized a solid bounce back on October 12, 2018, yet couldn’t recover the 10,500 level. The list formed a ‘Morning Star’ design on the daily chart which would affirm if the index demonstrated followup purchasing next week.

In such a case, October 11, 2018, intraday high of 10,138 levels could develop as a short-term bottom.

The file shut forcefully higher on October 12, 2018, and framed a solid bullish candle on the day by day scale and Hammer sort of development on the week after week candle diagrams.

Tremendous purchasing was found in managing an account and financials, auto, FMCG, metals, and realty stocks. In any case, innovation shares saw offering weight with Nifty IT list falling a percent.

On the weekly scale of a Nifty index, the list framed a Hammer light on the week by week scale with a positive close following five weeks of adjustment.

“It has also taken support at the lower band of the rising channel on the weekly scale by connecting its major swing lows of 6,825, 7,893 and 10,200 levels. The index needs to hold above multiple hurdles of 10,450-10,480 to witness an upward move towards 10,600 and 10, 650,” Taparia said.

In spite of the fact that quick obstacle is available around 10,547 levels with nearly an affirmation of a short-term base and this level may not be a troublesome task for bulls to clear and thus this drawback will get reached out to at first test it is 200-Day Moving Average whose value is set around 10,779 levels.

“Last three sessions of price behavior are pointing towards some serious buying taking place at lower levels as Nifty50 witnessed a sustained buying throughout the session with a strong gap up opening before signing off the day with a strong bullish candle. On weekly charts, this kind of buying at lower levels chalked out a Hammer kind of formation,” Mazhar Mohammad, Chief Strategist – Technical Research and Trading Advisory.

Nifty index short-term pattern is upward and the following significant overhead protection from watch next week is in the 10,580-600 zone, said Nagaraj Shetti, the Technical Research Analyst at HDFC Securities, according to the report of Economic Times.

The post Nifty Index Update: Nifty50 Stages Strong Rebound & Forms ‘Morning Star’ Pattern On Daily Chart appeared first on OWLT Market.

from OWLT Market https://ift.tt/2CICiUL
via IFTTThttps://ift.tt/2OlCCL9

Prime Minister Narendra Modi Stresses On Importance Of Blockchain Technology In India

Prime Minister Narendra Modi believes that blockchain and newly emerging technologies can bring change in India. He tweeted that the rising technologies such as artificial intelligence, machine learning, Internet of Things, blockchain and Big Data will enable India to advance, increase employment and enhance each Indian’s life.

According to him, this is not only industrial change, but social change as well. He stated, “Industry is a process and technology is a tool. However, the ultimate goal is to change the life of the last person waiting in the queue.”

Prime Minister is seen inclining towards blockchain technology since February this year. He said that technology has the capability of changing the way we work and live and would require fast adaption in our working environments.

The Prime Minister has not discussed blockchain technology out of the blue. He had talked earlier about the ways blockchain can be utilized to streamline the farming industry. He believes that there are different ways it can enhance the lives of individuals in the nation.

Artificial Intelligence, Machine Learning, Internet of Things, Blockchain, Big Data और ऐसी तमाम नई तकनीकों में भारत के विकास को नई ऊँचाई पर ले जाने, रोजगार के लाखों नए अवसर बनाने और देश के प्रत्येक व्यक्ति के जीवन को बेहतर बनाने की क्षमता है: PM

— PMO India (@PMOIndia) October 11, 2018

Prime Minister Narendra Modi said that blockchain technology will play a huge role in the agriculture industry. He agrees that the innovation will help to have a constant monitoring over the production network and catch bad actors on the system. Blockchain will help achieve transparency in the purchasing and selling of products.

According to Crypto News report, from production to product reaching ranchers, all the stages will be visible with the assistance of this technology. There will be a whole network of individuals including, ranchers, administrative bodies, processing units, etc. in the blockchain. There will be less extension for debasement.

Prime Minister Narendra Modi said that blockchain technology in Indian agriculture could help to solve many problems, as reported by Inc42. In some parts of the country, farmers have already started using it like drone technology in pest control. Also, soil mapping and community pricing have also implemented this technology.

The post Prime Minister Narendra Modi Stresses On Importance Of Blockchain Technology In India appeared first on OWLT Market.

from OWLT Market https://ift.tt/2Cd2tlq
via IFTTThttps://ift.tt/2OlCCL9

Blockstream: "[BTC's] performance is hampered by technical and market dynamics. The high latency of the public Bitcoin network requires bitcoin to be tied up in multiple exchange and brokerage environments, while its limited privacy adds to the costs of operation."

If BTC sucks so much why did you recommend it to anyone before? Why would anyone invest in it? Or maybe did it suddenly become good only after you "fixed" it with Liquid?

The quotation is from the “Strong Federations” whitepaper.

submitted by /u/unitedstatian
[link] [comments]

source https://www.reddit.com/r/btc/comments/9nsjm7/blockstream_btcs_performance_is_hampered_by/