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Confused about investment in stock market? Don’t know where to invest in Share market for good returns? Read on to know how stock market experts can help share traders and investors to earn good money from stock investments.

One of the major needs for lively hood in the life of human being now a day is money. It will not be possible to live in today’s world without money. The life is no less than impossible in the same. Therefore it is very much essential to have a source of income to be chosen by us. And there can nothing be easier and convenient than the stock investment. In the present days situation much of the priority is given to the stock investment than ever before. For doing any kind of investment the investor will have to take some risk since all kind of investment contains some risk and uncertainty. So a blind investment will be dull and hopelessness. So we can very well get to know that before going for any kind of stock market investment income source one has to study the whole process of the particulars of the stocks market thoroughly. Then the investor has to understand it very well and only then he would be able to take the right decision of investing in the stock market in the best possible way. You have to know where would you invest in the market?

Becoming aware of the stock market

For every investment the first priority is to be given to the research of the stock market. The stock market does not matter whether it is the present one or the past one should be researched well. This research is to be done as to know and understand the situation and the ups and down of the stock market. After the research has been completed the investor must study the whole research thoroughly. This will make him aware about the stock market and will give him the idea of how to react and behave to different situations in the share market. Another important thing is that an investor will have to be patient in his investment otherwise it will not ring the bell of earning him profit from his investment. As we all know that a wise is the investor who is patient in the investment process as because he earns more if he waits more. But waiting more does not mean that investing and waiting for a long time to earn more money. Doing this would be foolishness because there is no need for the same thing is that one has to be patient in the investment process so as to earn a good sum.

Get the right knowledge

In our lives it is very necessary to know what we want to do and what task we have to perform for the same. Therefore the knowledge about the market is very necessary to be earned and it can be gained only through a research of the market. After the research is done it is the duty of the investor to study the material properly and try to know about the market and the situations which arise in the same. The study of the research should teach the investor to be aware of what can happen in the stock market and how to react to different situations that arise in the market etc. Some great importance’s is demanded by the quality of being patient. It is said that wise is the investor who has patience in him. Being patient can make an investor keep away from uncertain and unwanted loses. A very big germ which kills an investment process is greed and spoils the whole chapter of the investment process. Thus being patient the investor will be apart from the germ of greed. Therefore we can come to a conclusion of the above discussion that the stock market is the name of that big body which provides opportunity to the common people to earn good cash and make more and more profit by investing in it. It is thus can be said that the stock market is the best place to invest money and earn profit and survive in the long run. Though it contains risk in it but still it is safe and wisdom to invest money in stock market and be a part of it and enjoy the benefits out of the same. This is why it makes stock market so attractive and convenient. So you have come to know where would you invest in the market.

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India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery. In response, the Saudi energy minister told India to dip into strategic reserves filled with cheaper oil bought last year.

 

India, the world's third greatest oil merchant and purchaser, imports about 84% of its general unrefined requirements with more than 60% of that coming from Middle Eastern nations, which are ordinarily less expensive than those from the West. 

A large portion of the OPEC+ makers, driven by world's top exporter Saudi Arabia, a week ago chose to broaden most yield controls into April. 

India, hit hard by the taking off oil costs, has asked makers to ease yield cuts and help the worldwide monetary recuperation. Accordingly, the Saudi energy serve advised India to dunk into vital stores loaded up with less expensive oil purchased a year ago. 

"We have asked organizations to forcefully search for expansion. We can't be held prisoner to the subjective choice of Middle East makers. At the point when they needed to balance out the market we remained by them," said an administration source. 

India had not dropped any shipment of unrefined petroleum from the Middle East in 2020 when oil request imploded because of COVID-19, the source said. As of now OPEC's offer in India's oil imports declined to a noteworthy lows during April 2020-January 2021, the initial ten months of this monetary year. 

While starting expenses could be high, the technique will pay off in the long haul, the source said. 

Two oil purifiers affirmed that the public authority had requested that they assist endeavors to enhance unrefined import sources. 

One arrangement is to import oil from new maker Guyana, the sources said. The nation's top purifier Indian Oil Corp has additionally recharged its oil import contract with Russia, they added. India desires to continue Iranian oil imports this year. 

India's oil service and IOC didn't react to demands from Reuters for input. 

Iraq and Saudi Arabia are the two greatest oil providers to India. This year, Iraq has cut yearly stock volumes while Kuwait has abbreviated the span of agreements with Indian purchasers to 9 months. 

After OPEC's last week choice, raw petroleum costs rose to more than $71 per barrel albeit the costs facilitated to $69.08 a barrel by 1027 GMT. Saudi has additionally raised April official selling cost of its oil for Asia. 

"A start must be made. Nobody had envisioned that U.S. oil will represent a critical offer in our rough crate. We are pursuing for more limited term contracts with new nations and venders," the primary source said. 

"The world was together during the pandemic however now it appears to be a few makers are working for their own economies," said the main source.

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Benchmark indices ended higher in the volatile session on March 9 mainly supported by the banking and financial names.

At close, the Sensex was up 584.41 points or 1.16% at 51,025.48, and the Nifty was up 142.20 points or 0.95% at 15,098.40. About 1254 shares have advanced, 1693 shares declined, and 190 shares are unchanged.

SBI Life Insurance, Kotak Mahindra Bank, ICICI Bank, HDFC Bank and HDFC were among major gainers on the Nifty, while losers were BPCL, 

Tata Steel, GAIL, IOC and Power Grid Corp.

Except Nifty Bank and IT, all other sectoral indices ended lower. BSE Midcap and Smallcap indices also ended in the red.

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Topic :- Time:2.00 PM

Nifty has turned volatile now. Nifty spot if manages to trade and sustain abo 15020 level then expect some further upmove in it and if it breaks and trade below 14980 level then some decline can be seen in the market.

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Topic :- Time:1.50 PM

Just In:

Easy Trip Planners IPO day 2: Issue subscribed 4.10 times on retail support.

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Topic :- Time:1.30 PM

GOLD Trading View:

GOLD is trading at 44415.If it manages to trade and sustain above 44450 level then expect some up move and if it breaks and trade below 44380 level then some decline can be seen in GOLD.

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Topic :- Time:1.00 PM

Nifty is cracking down. Nifty spot if breaks and trade below 14950 level then expect some further decline in the market and if it manages to trade and sustain above 14980 level then expect some upmove in the market.

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Topic :- Time:1.00 PM

Nifty is declining. Nifty spot if breaks and trade below 15000 level then expect some further decline in the market and if it manages to trade and sustain above 15020 level then some pull back is expected in the Nifty.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 681.30.If it breaks and trade below 680 level then expect some further decline in it and if it manages to trade and sustain above 682.50 level then some upmove can follow in it.

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Topic :- Time:12.00 PM

Nifty is falling from higher levels however all lows should be used as an opportunity to long. Nifty spot if breaks and trade below 15040 level then expect some further decline in the market and above 15080 level more upmove is expected in the market.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex holds gains, up 350 pts; financials outperform

2. BPCL tanks 6% after BPCL Trust offloads up to 7% stake in firm

3. India ready to appeal Cairns $1.2 billion arbitration award this week

4. JMC Projects surges 13% on winning project worth Rs 1,000 crore in Maldives

5. SBI Life hits 52-week high on strong new business premium growth in Feb

6. Non-life insurance gross premiums up 14% to Rs 15,800 cr in Feb

7. Jet Airways cannot claim historical right on airport slots: Govt to NCLT

8. Indias horticulture production set for 1.8% growth in in 2020-21

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Topic :- Time:11.00 AM

After positive opening nifty is still trading in green zone. Nifty spot if manages to trade and sustain above 15080 level then expect some upmove and if it breaks and trade below 15040 level then some decline can follow in the market.

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Topic :- Stocks under F&O ban on NSE

1. Bank of Baroda

2. BHEL

3. Punjab National Bank

4. SAIL

5. Sun TV Network 

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The plan for a bad bank was proposed during the Union Budget for 2021-22.

State-run banks who are dealing with the "awful bank" need privately owned businesses, including resource supervisors, to claim a 51 percent stake in the resource the executives organization (AMC). 

The public area will have a 49 percent stake, yet the shareholding proportion is yet to be settled, Mint detailed. 

In any case, private elements with any connects to the awful resources housed in the AMC won't be allowed to contribute, the report said. 

Likewise read: Will NBFCs be permitted to move focused on resources for proposed Bad Bank? 

Sharetipsinfo couldn't autonomously confirm the story. 

area as this presents a chance to oversee resources worth Rs 2.25 trillion for an administration charge. Banks are talking about the quantum of the administration expense that these resource directors will be qualified for," a source told the Mint. 

State-run banks need the private area to claim most of the AMC to empower adaptability in dynamic and to dodge the domain of the three Cs: Central Bureau of Investigation (CBI), Comptroller and Auditor General of India (CAG), Central Vigilance Commission (CVC), sources told the paper. 

The arrangement for an awful bank was proposed during the Union Budget for 2021-22. The substance will ingest focused on resources of loan specialists and will be set up as a resource recreation organization (ARC)/AMC

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The chip supply crunch and a rise in base metal prices have forced automakers to resort to price hikes, denting demand for an already cyclical industry, says Shah.

Nirali Shah, Head of Equity Research, Samco Securities, says the auto area is in for a harsh ride. A deficiency of semiconductor chips has hit car players across the globe, disturbing and surprisingly incidentally stopping creation, she says. At home, rising fuel costs keep on hitting interest, prompting the selloff in automobiles. 

Shah says the market is probably going to stay unpredictable as COVID-19 cases rise.  she says final quarter income, MPC meet, security yields and different macros will likewise be a predominant factor in the April arrangement. Altered selections: 

The Sensex and the Nifty fell by more than 1% each in the week passed by. What prompted the value activity? 

Homegrown business sectors during the week saw uplifted instability as the bears kept on holding their grasp on the benchmark records. 

After Nifty's quick amazing assembly from March 2020 lows, it just appears to be sensible that markets observer a solid revision. 

Subsequently, the amendment can be credited to the pressing factor from macros and the new (Covid) variations causing vulnerability about restored lockdowns. It is a direct result of these reasons that the bulls have liked to stay uninvolved. 

What does the March expiry information say about how markets will act in the April arrangement? What is the reach or the objective you have for the Nifty and Bank Nifty for the new arrangement? 

The standpoint for the following expiry is sideways to gentle bullish as the Nifty file is as yet exchanging inside the rising channel and may conceivably bob from the channel support for the following up-leg. 

The standpoint for the Bank Nifty is additionally bullish as it is likewise ascending in higher low higher high development also. The Bank Nifty list has discovered a pad at the past opposition level. 

The quick help and opposition levels for the Nifty are currently positioned at 14,250 and 14,870 and for the Bank Nifty 32,600 and 34,370. 

Any elements that financial backers should look out for in the April arrangement? 

The market is probably going to stay unpredictable going on because of vulnerability in regards to the rising COVID cases and potential lockdowns locally just as universally. 

The danger of a subsequent wave will linger over the business sectors. Additionally, organizations will begin announcing their Q4FY21 income in April, wherein numbers are relied upon to be nice given the low base from a year ago. 

MPC meet, security yields and different macros will likewise be a predominant factor for the Nifty's move in the April arrangement. 

Little and Midcaps failed to meet expectations. Are financial backers booking benefits in the more extensive market space after the new assembly? 

More extensive business sectors have for the most part aped the pressing factors on the benchmark records after the quick convention from lows. This is by all accounts a sound remedy as there was a ton of foam developed as far as valuation. 

Financial backers who have booked benefits at the more significant levels should save 6,500 levels as a prompt help for the Nifty midcap50 and 3,900 in Nifty smallcap50. 

On the off chance that these levels are considerably broken, just financial backers ought to go through additional benefit booking. 

As far as areas, BSE auto and telecom areas broke by more than 4% each. What prompted the value activity in these areas? 

Auto players across the globe determinedly saw a lack in semiconductor chips, which have upset and surprisingly briefly ended creation now and again. 

The stockpile crunch and an ascent in base metal costs have constrained automakers to depend on value climbs, marking interest for an all around repetitive industry. 

Further, with rising petroleum and diesel costs locally, car request keeps on excess under strain, all of which caused the selloff in automobiles. 

Then again, telecom stocks have failed to meet expectations impressively and saw adjustment because of progressing monetary pressure as they forgo taking duty climbs and the stalemate on tax floor evaluating. 

Any top venture thoughts? 

New IPOs keep on hitting D-Street as we approach the last exchanging seven day stretch of FY21. As the week will be a short one because of celebrations, financial backers can search for automatic responses in explicit stocks as a fascinating chance to purchase and submit a little extent of new capital for the more extended term before the beginning of Q4 income in April.Investors can take positions in IT and metal stocks as organizations are required to report solid profit.

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Banking and financial stocks, especially from the mid and small-cap spaces, have taken a beating of late.

An across-the-board selloff kept the Indian equity market within the red on Annunciation , dragging the benchmark index Sensex lower by 1.5 percent on the Judgment Day of the March F&O series. The Sensex and Nifty lost 5 percent each within the series.

At close on Annunciation , the Sensex was down 740 points, or 1.51 percent, at 48,440.12 and Nifty was at 14,324.90, down 225 points, or 1.54 percent. The selling was widespread because the BSE midcap and smallcap indices fell 2.22 percent and 1.85 percent, respectively.

Only four stocks—Dr Reddy's Labs (up 0.74 percent), ICICI Bank (up 0.70 percent), HDFC (up 0.25 percent) and L&T (up 0.21 percent)—ended within the green within the 30-share pack Sensex.

Banking and financial stocks, especially from the mid and small-cap spaces, are suffering lately . On Annunciation , shares of Muthoot Finance closed 2.66 percent lower, Mahindra & Mahindra Financial Services slipped 3.57 percent and Edelweiss Financial Services declined 4.95 percent.

Here are expert recommendations on the way to trade these stocks today.

Muthoot Finance

This stock registered a pointy price surge within the recent past but post Rs 1,310 breakout, it did not sustain at higher levels and thanks to consistent selling pressure, it's corrected over 11 percent.

However, the medium-term structure of the stock remains positive and is probably going to continue within the near-term.

The stock is trading near the 200-day SMA price and therefore the structure of the charts suggests high chances of a fresh uptrend wave from the present levels.

In the near future, Rs 1,225 would be the immediate hurdle for the stock. If it succeeds to trade above it, we will expect another uptrend wave up to Rs 1,300. On the opposite hand, below Rs 1,225, weakness is probably going to continue till Rs 1,150.

Mahindra & Mahindra Financial Services

After a robust upward rally from Rs 155 to Rs 220, the stock is hovering within the Rs 190-Rs 220 range.

M&M Finance is trading near a crucial retracement level and therefore the texture of the chart indicates high chances of a fresh upward rally.

For positional traders, Rs 185 and 50-day SMA should act as important support levels and if the stock manages to trade above an equivalent , we will expect another short-term uptrend wave up to Rs 215.

On the flip side, dismissal of Rs 185 could possibly trigger short-term correction to Rs 180-174.

Edelweiss Financial Services

Post-strong uptrend rally, the stock has formed a lower top formation, which is broadly negative.

This week, so far, the stock corrected quite 12 percent. The long-leg Doji candlestick formation followed by a robust bearish candle on weekly charts suggests further weakness within the near-term.

For the trend following traders, Rs 82 would be the sacrosanct level to observe trading below an equivalent , weakness is predicted to continue up to Rs 70-65.

Disclaimer: The views and investment tips expressed by experts on sharetipsinfo.com are their own and not those of the web site or its management sharetipsinfo.com advises users to see with certified experts before taking any investment decisions. 

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Benchmark indices ended lower for the second day in row with Nifty below 14,350 dragged by the PSU Bank, FMCG, auto and energy stocks.

At close, the Sensex was down 740.19 points or 1.51% at 48,440.12, and the Nifty was down 224.50 points or 1.54% at 14,324.90. About 748 shares have advanced, 2147 shares declined, and 170 shares are unchanged.

IOC, Maruti Suzuki, HUL, Bharti Airtel and Coal India were among the major losers on Nifty, while gainers were Tata Steel, Dr Reddys Laboratories, ICICI Bank, HDFC and JSW Steel.

Nifty PSU Bank, FMCG, auto, infra, IT and energy indices slipped 2-3 percent. BSE Midcap and Smallcap indices fell 1.8-2.2 percent.

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Topic :- Time:3.20 PM

Nifty spot if manages to close above 14320 level then expect some pull back in coming session and if it closes below above mentioned level then some sluggish movement is likely to continue. Avoid open positions for tomorrow.

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Topic :- Time:2.40 PM

CRUDEOIL Trading View:

CRUDEOIL is trading at 4380.If it breaks and trade below 4365 level then expect some decline in it and if it manages to trade and sustain above 4405 level then some upmove can follow in the market.

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Topic :- Time:2.00 PM

Nifty is highly volatile now. Nifty spot if manages to trade and sustain above 14460 level then expect some upmove and if it breaks and trade below 14400 level then some decline can be seen in the market.

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Topic :- Time:1.45 PM

Just In:

Tata Group is quietly testing a payment gamechanger for India.

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Topic :- Time:1.30 PM

NATURALGAS Trading View:

NG is trading at 187.50.If it holds below 188.50 level then it is likely to decline towards 185-184.50 levels and if it manages to trade and sustain above 188.50 level then some upmove can be seen in it.

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Topic :- Time:1.10 PM

All round selling is going on in the market. Nifty future if breaks and trade below 14260 level then expect some further decline in the market and above 14320 level some upmove can be seen. Currently Nifty future is at 14287.

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Topic :- Time:12.45 PM

Just In:

RBI flags concerns on cryptocurrencies to government, work in progress for CBDC, says governor Shaktikanta Das.

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Topic :- Time:12.30 PM

Copper Trading View:

COPPER is trading at 657. If it breaks and trade below 656 level then expect it to decline till 653-652 level quite soon and if it manages to trade and sustain above 658 level then some upmove can follow in the Copper.

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Topic :- Time:12.00 PM

Nifty is witnessing all round selling in the market. Nifty spot if breaks and trade below 14320 level then expect some further decline in the market and if it manages to trade and sustain above 14360 level then some upmove can follow in the Nifty.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex at days low, down 600 points; Nifty below 14,400

2. Laxmi Organic makes decent debut, lists at 20% premium over issue price

3. Adani looks beyond coal: Biggest wealth surge heralds rise of next Ambani

4. Coronavirus LIVE: India cases at 1.17 cr; 2nd wave may last up to 100 days

5. Wabco India slips 10% as promoter begins to offload stake via OFS

6. Pokarna surges 16% in a weak market; hits over 3-year high

7. Sebi orders attachment of former Yes Bank MD & CEO Rana Kapoors assets

8. Bank of India to issue Basel III compliant bonds to raise up to Rs 750 cr

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Topic :- Stocks under F&O ban on NSE

1. Vodafone Idea

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Topic :- Stocks in the news

Jubilant FoodWorks: Jubilant Foodworks has entered into an exclusive master franchise and development agreement with PLK APAC Pte Ltd, a subsidiary of Restaurant Brands International Inc. The agreement will help the company to develop, establish, own and operate, and to license franchisees to develop, establish, own and operate, Popeyes Restaurants in India, Bangladesh, Nepal and Bhutan.

Time Technoplast: Time Technoplast has received information from the promoter group of the company for substantial reduction in their pledge of equity shares of the company held by them. The pledge of shares has reduced from 9.55% of paid up capital to only 4.22%. It may be recalled, at some point in time the total pledged shares used to be around 18%, the company said in its BSE filing.

Pokarna: Pokarna Engineered Stone, wholly owned subsidiary of Pokarna, has started commercial production at its second state-of-the-art quartz surface manufacturing facility, with effect from March 24. The plant is located at Mekaguda village in Telangana.

Vakrangee: Vakrangee has entered into a partnership agreement with TransUnion CIBIL (TUCIBIL), one of the Indias largest credit information company regulated by Reserve Bank of India. The agreement will help the company drive financial inclusion by providing easy access to CIBIL score and report to consumers through Nextgen Vakrangee Kendra network.

Wabco India: ZF International UK will sell 17,17,388 equity shares or 9.05% stake in Wabco India through the offer for sale on March 25 and March 26. The company will also sell additional 17,17,387 equity shares or 9.05% stake in the company through offer for sale on same days. The floor price for the sale is fixed at Rs 5,450 per share.

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 25 March,2021:

F&O expiry today. Nifty is likely to remain highly volatile. Trade as per market trend.

Nifty spot if manages to trade and sustain above 14620 level then expect some further upmove and if it breaks and trade below 14520 level then some decline can be witnessed in the market. Please note this is just opening view and should not be considered as the view for the whole day

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The government, in October 2020, had announced a waiver of compound interest only on loans of up to Rs 2 crore.

The Reserve Bank of India, on March 27, 2020 reported a ban on credit portions due between March 1 and May 31. Banks are intending to look for the public authority's assistance to take care of the check on an expected measure of Rs 7,500 crores of accumulated dividends waiver, said Mint in a report. This comes after the Supreme Court request on advance ban. 

The report additionally said that paying from their pockets could imprint the benefit of banks, refering to an individual mindful of the turn of events. "While we will demand the public authority to pay for this round too, I don't figure the bill will be excessively high. Loan specialists will take it up with the Indian Banks' Association (IBA) at the following overseeing board of trustees meeting soon enough," said the individual referenced previously. 

Sharetipsinfo couldn't freely check the report. 

The zenith court, on March 23, articulated its judgment on a cluster of supplications identified with the half year credit ban period, expressing that it can't permit waiver of complete interest and augmentation of the ban. 

It further decided that there will be no interest on interest or pay interest during the ban time frame for all borrowers, regardless of the credit sum. On the off chance that any such sum has been gathered it will be discounted. 

The public authority, in October 2020, had declared a waiver of accumulated dividends just on advances of up to Rs 2 crore. The waiver was for the months from March to August as the pandemic incited lockdown had influenced income and prompted work misfortunes. 

The Reserve Bank of India, on March 27, 2020 declared a ban on advance portions due between March 1 and May 31. The ban period was subsequently stretched out by a quarter of a year till August 31, 2020. 

The public authority had additionally educated the top court in October that it is unimaginable for banks to bear the weight coming about because of waiver of accumulating funds without giving the monetary effect on contributors or influencing their total assets antagonistically.

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It is the second largest non-major port in Andhra Pradesh with a 64 MT capacity established under concession from Government of Andhra Pradesh (GoAP) that extends till 2059.

Representative image of a bulk carrier at the Ningbo Zhoushan port in China's Zhejiang province. (Image: Reuters/Stringer)Adani Ports share price continued its upward move for the fourth consecutive day on March 24. The stock price has risen over 8 percent within the last 3 days. Today morning, it had been trading at Rs 747.55, up Rs 9.35, or 1.27 percent.

The country's largest private multi-port operator said last week that it'll acquire interest in Gangavaram Port (GPL) from DVS Raju and family for Rs 3,604 crore taking its stake in GPL to 89.6 percent.

GPL is found within the northern a part of Andhra Pradesh next to Vizag Port.

“Adani Ports and Special Economic Zone (APSEZ), India's largest private ports and logistics company, is acquiring the 58.1 percent stake held by DVS Raju and family in Gangavaram Port Limited (GPL),” the corporate said during a statement.

The acquisition is valued at Rs 3,604 crore.

“Ports play a serious role in shaping the longer term . Through APSEZ''s 89.6 percent stake in Gangavaram port, the Adani Group will greatly expand its pan-India cargo presence. As India''s largest private sector port developer and operator, we'll accelerate India''s and AP''s industrialisation,” Adani Group Chairman Gautam Adani said during a tweet.

Adani Ports stock movement since last 1 month

It is the second largest non-major port in Andhra Pradesh with a 64 MT capacity established under concession from Government of Andhra Pradesh (GoAP) that extends till 2059.

Domestic brokerage ICICI Securities features a buy turn the stock with target of Rs 790 per share. The stock is in strong uptrend. it's generated a breakout above a falling channel containing last two weeks' breather, it said.

Adand Rathi also features a buy with target of Rs 790 per share on Adani Ports. it's of the view that the stock has been during a secular uptrend for quite while and has managed to measure the market volatility. It witnessed a reversal from the support of its 21-DEMA on the daily chart indicating bullishness within the counter. On the oscillator front, 14-period RSI has also seen a resurgence from the previous swing low and is ready to march northwards within the coming future, the brokerage added.

Global research firm Morgan Stanley has maintained its overweight turn the stock with target at Rs 733 per share. It believes that the Gangavaram Port deal is value accretive adding that the Port features a strong balancesheet, steady income generation, consistent with a CNBC-TV18 report.

Note: The Morgan Stanley report is compiled from information available on public platforms/CNBC-TV18.

Disclaimer: The views and investment tips expressed by investment experts on sharetipsinfo.com are their own, and not that of the web site or its management. sharetipsinfo.com advises users to see with certified experts before taking any investment decisions.

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Anurag Thakur, during Question Hour, said this could be possible on the back of the measures taken by the government to boost economic activities over the last year to deal with the COVID-19 pandemic.                           

Increased economic activities have resulted in higher GST collection which stood above Rs 1 lakh crore for five months during a row since October 2020, Minister of State for Finance and company Affairs Anurag Thakur said within the Rajya Sabha on Tuesday.

Thakur, during Question Hour, said this might be possible on the rear of the measures taken by the govt to spice up economic activities over the last year to affect the COVID-19 pandemic.

"GST collection has increased. If you see e-way bill data, numbers... activities have increased," the minister said.

"GST collection has witnessed above Rs 1 lakh crore for a stretch of 5 months since October 2020... The GST collection during the amount has been above the gathering within the same period last year," he said.

On the economy, Thakur said V-shaped recovery is being seen because the third quarter GDP numbers are positive and trade is recuperating .

The Indian economy had seen a contraction of 24.4 percent within the June quarter of FY21, impacted by COVID-19.

After two consecutive quarters of contraction, the country's GDP entered into a positive territory with a growth of 0.4 per cent within the October-December quarter of the present fiscal.

"When COVID-19 pandemic erupted... -24.4 rate of growth was recorded in April- June.... Modi government has initiated several good steps with a positive result and 0.4 per cent growth was within the third quarter," Thakur said.

He also listed various steps taken by the govt during the pandemic to spice up the economy, including stimulus packages under Aatmanirbhar Bharat programme, emergency credit line and loan moratorium.

As per a written statement from the Ministry, the GST collection in any particular month depends upon the entire taxable value of products and services supplied therein month.

Moreover, the amount of e-way bills generated within the current fiscal is nearly adequate to the amount of e-way bills generated last year in spite of a dip within the number of e-way bill generated during April and should 2020, the statement said.

The monthly GST collection trend and therefore the generation of e-way bills are clear indicators of increase within the economic activity, it said.

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