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Cong LS list for MP & Goa. Who got dropped?

April 6, 2024 - 11:54am
The Congress party on Saturday released a list of six candidates for parliamentary constituencies of North and South Goa; Morena, Khandwa & Gwalior, Madhya Pradesh and Dadar & Nagar Haveli. All India Congress Committee (AICC) general secretary K C Venugopal made the announcement ending the INDIA bloc's prolonged wait for its candidates in Goa.Sitting Congress MP from Goa, Francisco Sardinha has been dropped from the party's list of candidates for the upcoming Lok Sabha elections.Former Union minister Ramakant Khalap has been given a ticket from the North Goa constituency, while Capt. Viriato Fernandes is set to fight from South Goa.Khalap (76) was elected as an MP on the Maharashtrawadi Gomantak Party (MGP) ticket from North Goa from 1996-1998.He was the Union minister of state for law in late prime minister Rajiv Gandhi's cabinet. He later left the MGP to join Congress. As a law minister then, Khalap worked for the enactment of the Arbitration Act of India and drafted amendments to the Code of Civil Procedure of India and the Code of Criminal Procedures of India. He also introduced the Women's Reservation Bill in Parliament.Fernandes, the Congress's candidate from South Goa, is an ex-Indian Navy officer. His profile on X handle states that he was a retired officer of the Indian Navy, a "Kargil War soldier, mechanical engineer, aeronautics engineering specialisation and double MBA". He unsuccessfully contested the 2022 Goa legislative assembly elections from the Dabolim constituency.Satyapal Singh Sikarwar has been fielded from Morena constituency in Madhya Pradesh, and Praveen Pathak will contest from Gwalior. Narendra Patel will contest from Khandwa.— ANI (@ANI) Meanwhile, Ajit Ramjibhai Mahla has been given a ticket from Dadra and Nagar Haveli.The Lok Sabha polls in Goa will be held in a single phase on May 7, and the counting of votes will be held on June 4.The ruling BJP has already announced candidates for North Goa (Shripad Naik) and South Goa (Pallavi Dempo) seats.The North Goa seat has been a bastion of the ruling BJP since 1999, while South Goa, which has a sizable Christian population has mostly remained with the Congress, but was also won by the BJP and regional parties a few times.
Categories: Business News

16 nominations found invalid for MP Phase 2

April 6, 2024 - 11:45am
Categories: Business News

Three stock ideas from Rajesh Palviya for next week

April 6, 2024 - 11:04am
"If we analyse the call put concentration data also, the put writers are aggressive at 22,400, 22,500 strikes so that clearly shows that base is now shifted higher and 22,400 is likely to act as a support area for any kind of minor dip if we get in the markets," says Rajesh Palviya, Axis Securities. The kind of moves that we saw in the market, what is the picture that you are making of it as of now?Very strong buying action across the board we have witnessed throughout the week and the broader market has clearly shown that this really can extend further as midcap and smallcap and across the sector there is a buying interest. So, looking at the broader outlook, we are still holding our bullish view and we believe that this rally can extend for Nifty. A possible target we can see is the continuation of the support towards 22,700 to 22,750. So, if we analyse the call put concentration data also, the put writers are aggressive at 22,400, 22,500 strikes so that clearly shows that base is now shifted higher and 22,400 is likely to act as a support area for any kind of minor dip if we get in the market. So, buy on dip should be your strategy, keep your stop loss at around 22,350, upside target we can see towards 22,750 to 202,800. For Bank Nifty there was very strong buying action, especially in Friday's session. HDFC Bank has shown very good traction. So, looking at the overall banking stocks as well as the Bank Nifty setup, we are expecting that this rally can extend further as the put writers have shifted their base towards 48,200, so that is likely to act as a good support area for Bank Nifty. Until 48,200 is intact for Bank Nifty, possible target we can see in the next week towards 48,900 to 49,000 also. So, this rally can extend in the Bank Nifty also, so buy on dips should be your strategy in Bank Nifty also.Talk to us a little bit about the earnings preview that you are expecting for quarter four to kick in because come 12th of April next week, TCS will be kicking off its earnings. We have seen some volatile moves coming in on IT over the course of the week as well. So, give us an overall view on what you think quarter four earnings are going to look like across the pack and also tell us a little bit about how you are playing the IT pack right now.I think most of the largecap IT stocks are consolidating in a narrow range and looking at the behaviour of these stocks ahead of earnings, a little bit of cautious approach participants are taking at this juncture. Though, if we analyse the overall structure for most of the largecap IT stocks, TCS is well-poised and looking at the overall short- to medium-term structure, we believe that till TCS is holding about 3900 kind of zone, there is a high possibility that TCS may exhibit upward momentum towards 4200 kind of zone, that is the target we are projecting for TCS at this juncture. But Infosys is looking a little weak on the near-term as well as on the short-term chart as the stock has slipped below to its 100-day moving average. So, if it continues to trade below 1520-1500 mark, then possible downside we can see in Infosys towards 1450. If we analyse another stock from IT pack, that is HCL Tech and Wipro. So, HCL Tech is looking bullish, though there was some corrective move in near-term, but overall long-term structure is bullish for HCL Tech and if stock continues to hold above 1500 mark, then possible pullback we can see in HCL towards 1600 to 1630. So, TCS and HCL Tech are our preferred choice at this moment based on the technical parameters. Infosys is looking slightly weak at this moment.Tell us a little bit about which are the stocks where you are seeing value emerging then?Three stock ideas which we feel could give further upside momentum in the coming week. First stock is from the banking space, that is IDFC First Bank. The stock managed to give a breakout on the daily chart of its falling trend line. There was a long built-up setup in derivative data. Stock managed to regain above its 100-day moving average. So, the kind of buying interest throughout the week which we have witnessed in IDFC First Bank, that clearly shows that this momentum can extend further. One can buy IDFC First Bank for an upside target of 87 to 88, keep your stop loss at around Rs 78. The second stock is from real estate space, that is Godrej Properties. In today's session, short covering was there. Stock is now approaching its multiple supply zone. Looking at overall structure for real estate space, we believe that Godrej Properties may continue further upside. There could be outperformance. So, one can buy this stock with stop loss of 2475, up side target we are projecting towards 2600. And the third stock is from the defence space, that is Bharat Electronics. Now, stock has again moved back to its all-time high trajectory. Looking at the buying interest throughout the day, that clearly shows that BEL may continue to move up, 235 could be the possible target in the near term, so one can buy BEL with stop loss of 220.
Categories: Business News

CAA protects Matuas: BJP's Shantanu Thakur

April 6, 2024 - 10:55am
Categories: Business News

NIA team attacked in West Bengal

April 6, 2024 - 10:31am
Categories: Business News

IMD forecasts ample rainfall in Bengaluru

April 6, 2024 - 10:11am
Categories: Business News

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