GoAir adds 30 flights, launches fares at Rs 1,212

Budget carrier GoAir on Friday said it will operate 22 additional flights on new routes, along with increasing the frequencies by eight flights on existing routes, during the winter schedule effective from November 23.

The airline said with the new services, it would operate an average of 240 flights a day.

"GoAir will strengthen its market presence at Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Kolktata, Lucknow, Nagpur and Patna with the addition of these new flights," the airline said in a statement.

According to the budget carrier, the induction of four new A320 NEOs will increase the airline's fleet strength to 31 aircraft.

The airline also announced anniversary fare offer starting from Rs 1,212 plus taxes on all new sectors in its domestic network.

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CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 17 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10475

RES 1:10425

SUP1:10275

SUP2:10175

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:26125

RES 1:26005

SUP1:25725

SUP2: 25525

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CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 15 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BEARISH

RES2:10275

RES 1:10225

SUP1:10175

SUP2:10125

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BEARISH

RES 2:25525

RES 1:25425

SUP1:25225

SUP2: 25125

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CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 13 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10475

RES 1:10425

SUP1:10325

SUP2:10275 

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:25825

RES 1:25725

SUP1:25225

SUP2: 25125

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 09 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10475

RES 1:10425

SUP1:10325

SUP2:10275

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:25595

RES 1:25525

SUP1:25225

SUP2: 25125

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CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 07 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10525

RES 1:10405

SUP1:10375

SUP2:10275

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:25825

RES 1:25725

SUP1:25525

SUP2: 25175

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CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 06 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10525

RES 1:10505

SUP1:10375

SUP2:10275

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:25925

RES 1:25825

SUP1:25425

SUP2: 25175

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CAPITALSTARS - NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 02 NOV 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10525

RES 1:10405

SUP1:10375

SUP2:10275

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:25325

RES 1:25275

SUP1:24915

SUP2: 24825

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CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 31 OCT 2017

CS NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES2:10525

RES 1:10405

SUP1:10375

SUP2:10275

CS BANK NIFTY FUTURES (NOV) OVERVIEW

TREND BULLISH

RES 2:25325

RES 1:25275

SUP1:24915

SUP2: 24825

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Canara Bank net dips 27% in Q2

State-run Canara Bank on Friday reported Rs 260 crore net profit for the second quarter of fiscal 2017-18, registering 27 per cent decline from Rs 357 crore in the same period year ago.

Sequentially, however, net profit for Q2 is marginally up 3.2 per cent from Rs 252 crore quarter ago.

Operating profit for the quarter under review was 16 per cent up to Rs 2,480 crore from Rs 2,141 crore in like period year ago and flat sequentially from Rs 2,472 crore quarter ago.

Provisions excluding tax shot up 36 per cent annually to Rs 2,157 crore in Q2 from Rs 1,586 crore year ago though dipping 2.1 per cent sequentially from Rs 2,204 crore quarter ago.

Provisioning for NPAs alone increased 25 per cent in Q2 to Rs 1,950 crore from Rs 1,558 crore year ago but declined 14 per cent sequentially from Rs 2,270 crore last quarter.

Gross NPAs increased 17.5 per cent annually to Rs 39,164 crore in Q2 from Rs 33,315 crore year ago but 4 per cent sequentially from Rs 37,658 crore quarter ago.

Similarly, net NPAs grew 25 per cent annually to Rs 25,166 crore from Rs 21,887 crore year ago and 3.6 per cent sequentially from Rs 24,301 crore quarter ago.

Total income for Q2 at Rs 11,995 crore is 1.6 per cent less than Rs 12,187 crore in the same period year ago and 2.5 per cent less sequentially from Rs 12,304 crore quarter ago.

Net interest income at Rs 2,783 crore was up 14 per cent, while non-interest income grew 8.7 per cent to Rs 1,936 crore.

Global business reached Rs 8.55 lakh crore, up 5.33 per cent annually, with deposits at Rs 4.96 lakh crore, up 2.5 per cent and net advances at Rs 3.58 lakh crore, up 9.51 per cent.

Net interest margin (domestic) was 2.60 per cent and (global) 2.34 per cent.

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INDIAN BENCHMARKS: SENSEX NIFTY ENDS FLAT AFTER A RANGEBOUND MOVEMENT

Some selling pressure in the final hour of trade took the indices lower and made them close flat on the first day of November series.

The Sensex closed down 1.32 points at 33145.81, while the Nifty ended lower by 23.50 points at 10320.30. The market breadth was narrow as 1,312 shares advanced against a decline of 1,293 shares, while 135 shares were unchanged.

Midcaps ended flat, but the major drags were banks, OMCs and metals.

Adani Ports, Sun Pharma and Bajaj Finance gained the most on both indices, while Bharti Airtel, SBI and Yes Bank were the top losers.

HEADLINES OF THE DAY

Cipla’s US subsidiary receives final approval for generic Renvela Tablets

Indian Oil Corporation Q2FY18 standalone net profit rises 18.4% yoy to Rs.3, 696 crore: Mixed Estimates

ITC Q2FY18 standalone net profit rises 5.6% yoy to Rs.2, 639.8 crore: 

The crucial resistance for Nifty spot is now seen at 10360 and above this 10521.Support for the immediate term is now placed at 10220 and next support will be 10140.

UPCOMING RESULTS: BHARATFIN, ONGC, HDFC, IDFC, KAJARIA, LICHSGFIN, MARICO, TATASTEEL, WOCKPHARMA, UPL, LUPIN

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