SUMANSPEAKS June 23, 2026 SumanSpeaks Independent Capital Markets Intelligence · Estd 2006 Legal Intelligence · EPC Sector The Court That Keeps Giving SEPC Ltd (₹6.82) Another Chance to Breathe From a ₹195 crore Singapore arbitration decree to a ₹2 crore salary lifeline — how the Madras High Court became the most interesting character in SEPC's ongoing legal saga, and why the retail investor is watching the wrong plot entirely Indian markets love to price fear. And when a company simultaneously carries a Singapore arbitration award, a CRISIL D rating, and a Madras High Court order on its file, the average retail investor does not pause to read the fine print. He sells first, panic-tweets second, and asks questions never. SEPC Limited (BSE: 513446) has been living in this particular purgatory for over three years — down on bad days, overlooked on good ones, and relent...
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Showing posts from October, 2018
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Sumon Mukhopadhyay
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Market may resume slide 30-Oct-2018: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 55 points at the opening bell on mixed Asian cues. Overseas, Asian shares were mixed amid renewed concerns about the ongoing US-China trade war. US stocks closed lower Monday in a volatile session as concerns about global growth resurfaced following a news report that suggested that the US is about to intensify its trade war with China. President Donald Trump's administration is prepared to announce tariffs on remaining Chinese imports if talks next month between Trump and Xi Jinping do not yield results, the media reported. Such a move is expected to hurt the global economy. On the US data front, consumer spending rose 0.4% in September. Incomes rose a smaller 0.2%, the smallest rise in 13 months, while inflationary pressures appeared to slacken. The personal-consumption expenditures inflation index, the Federal Reserve's fa...
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Sumon Mukhopadhyay
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Winning Strokes : Think Different Domestic stocks logged sharp gains on first trading day of the week on strong buying demand in index pivotals. The barometer index, the S&P BSE Sensex, surged 718.09 points or 2.15% to settle at 34,067.40. The Nifty 50 index surged 220.85 points or 2.20% to settle at 10,250.85. The Sensex regained the psychological 34,000 level. Investors took cues from the Reserve Bank of India (RBI)'s announcement that it will buy government bonds in November as it seeks to inject liquidity into the market. The announcement eased worries about a credit crunch after defaults at a major infrastructure financing company, IL&FS. Based on an assessment of the durable liquidity needs going forward, RBI has decided to conduct purchase of government securities under open market operations (OMOs) for an aggregate amount of Rs 40,000 crore in the month of November 2018. The auction dates and the Government securities to be purchased in the respective ...
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Sumon Mukhopadhyay
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Market Mantra Photo : Pharma Tips The Sensex and the Nifty firmed up once again in early afternoon trade. At 12:17 IST, the barometer index, the S&P BSE Sensex, was up 150.65 points or 0.43% at 35,313.13. The Nifty 50 index was up 26.05 points or 0.25% at 10,610.80. Shares of auto and non-banking financial companies came under selling pressure. Among secondary barometers, the BSE Mid-Cap index was down 0.62%. The BSE Small-Cap index was down 0.61%. Both these indices underperformed the Sensex. The market breadth, indicating the overall health of the market, was negative. On BSE, 925 shares rose and 1413 shares fell. A total of 115 shares were unchanged. sss Shares of non-banking financial companies (NBFCs) tumbled. Indiabulls Housing Finance (down 8.86%), Edelweiss Financial Services (down 6.66%), Muthoot Capital Services (down 5.2%), Reliance Capital (down 4.37%), Bajaj Finance (down 3.28%), IIFL Holdings (down 3.2%), Mahindra & Mahindra Financial Services ...
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Sumon Mukhopadhyay
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Market Mantra Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 19.50 points at the opening bell on positive Asian cues. Overseas, Asian shares were trading higher on Tuesday. China's consumer inflation in September rose 2.5% compared to a year ago and 0.7% higher than August, government data on Tuesday showed. In US, major benchmarks closed lower Monday as tech weakness prevented stocks from holding on to earlier gains. Investors also remained cautious following last week's equity-market rout, sparked in part by rising US interest rates. On the data front, US retail sales rose 0.1% in September, less than expected. Excluding car sales, the figure remained flat last month. The Empire State Index meanwhile rose 2.1 points to 21.1 in October, compared with 19 previously. Business inventories for August rose 0.5%. Closer home, foreign portfolio investors (FPIs) bought shares worth a net Rs 67.86 crore on 15 ...
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Sumon Mukhopadhyay
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Winning Strokes : Think Different The market spurted on Wednesday led by rally in financial shares. Gains were triggered by value buying after recent steep fall in share prices. The central bank's decision to inject liquidity into the system through purchase of government bonds also improved sentiment. The Sensex rose 461.42 points or 1.35% to settle at 34,760.89, its highest closing level since 4 October 2018. The index rose 558.88 points, or 1.63% at the day's high of 34,858.35. The index rose 47.03 points, or 0.14% at the day's low of 34,346.50. The Nifty 50 index rose 159.05 points or 1.54% to settle at 10,460.10, its highest closing level since 4 October 2018. The index rose 181.30 points, or 1.76% at the day's high of 10,482.35. The index rose 17.20 points, or 0.17% at the day's low of 10,318.25. Among secondary barometers, the BSE Mid-Cap index rose 4.23%. The BSE Small-Cap index rose 3.67%. Both these indices outperformed the Sensex. Th...
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Winning Strokes : Think Different Photo : Franchise India After reporting steep losses last week, key equity benchmark started the week on a positive note, led by bargain hunting in banks and oil sector stocks. Trading was highly volatile as indices swung between gains and losses in intraday trade. The Sensex bounced back after briefly slipping below the 34,000 mark. The Sensex rose 97.39 points or 0.28% to settle at 34,474.38, its highest closing level since 4 October 2018. The index rose 259.44 points, or 0.75% at the day's high of 34,636.43. The index fell 402.33 points, or 1.17% at the day's low of 33,974.66. Broader market tumbled. Among secondary barometers, the BSE Mid-Cap index fell 1.99%. The BSE Small-Cap index fell 2.01%. Both these indices underperformed the Sensex. The market breadth, indicating the overall health of the market, was weak. On BSE, 734 shares rose and 1910 shares fell. A total of 197 shares were unchanged. Oil sector stocks s...
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Sumon Mukhopadhyay
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Market Mantra : Bulls Set To Come Back To The Ring, Again Photo : Sapient Wealth Advisers & Brokers Indian equity benchmarks crashed as blue chip stocks came under heavy selling pressure, yesterday. The barometer index, the S&P BSE Sensex, fell 806.47 points or 2.24% to 35,169.16, as per the provisional closing data. The Nifty 50 index fell 309.85 points or 2.85% to 10,548.40, as per the provisional closing data. Gains in ICICI Bank and Larsen & Toubro supported bourses at lower levels. Falling rupee and surging crude prices put pressure on shares. India imports majority of its crude requirements and a surge in crude raises concerns on fiscal deficit, inflation and gives lesser room for the government to boost growth through spending on infrastructure. A weak rupee raises the cost of importing crude oil. Negative global cues also spoiled sentiment. Investors were cautious ahead of the outcome of Reserve Bank of India (RBI)'s three-day Monetary Policy Com...
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Winning Strokes : Think Different Key benchmark indices suffered severe losses amid a broad-based sell-off in index pivotals. The barometer index, the S&P BSE Sensex, lost 550.51 points or 1.51% to settle at 35,975.63. The Nifty 50 index lost 150.05 points or 1.36% to settle at 10,858.25. The Nifty settled below the psychological 11,000 mark. Photo : Samachar Plus Sentiment was weak after the rupee dropped to a new low amid sustained foreign fund outflows and surging crude oil prices. Investors were also cautious ahead of the three-day Reserve Bank of India (RBI) policy review scheduled to begin Wednesday. The RBI's Monetary Policy Committee (MPC) will meet between 3 to 5 October 2018 for the fourth bi-monthly monetary policy for 2018-2019. The resolution of the MPC will be unveiled at 14:30 IST on 5 October 2018. In the global commodities markets, Brent for December 2018 settlement was up 17 cents at $84.97 a barrel. The contract had fallen 18 cents, or 0.21% t...
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Sumon Mukhopadhyay
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Winning Strokes : Think Different Trading for the month of October started on a positive note, with benchmark indices snapping their three-day losing streak led by gains in HDFC, TCS, Infosys and HDFC Bank. The Nifty managed to close above 11,000-mark. The Sensex rose 299 points or 0.83% to settle at 36,526.14. The index rose 389.50 points, or 1.08% at the day's high of 36,616.64. The index fell 266.49 points, or 0.74% at the day's low of 35,960.65. The Nifty 50 index rose 77.85 points or 0.71% to settle at 11,008.30. The index rose 105.20 points, or 0.96% at the day's high of 11,035.65. The index fell 108.90 points, or 1% at the day's low of 10,821.55. Among secondary barometers, the BSE Mid-Cap index rose 0.53%. The BSE Small-Cap index fell 0.25%. Both these indices underperformed the Sensex. The market breadth, indicating the overall health of the market, was negative. On BSE, 1046 shares rose and 1620 shares fell. A total of 189 shares were unc...
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