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AAKASHAYA PATRA WEEKL1Y MARKET OVERVIEW:13.06.2021

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  “The new trading week started on a pleasant note on Monday asthere was some positivity seen across the globe. With this, our benchmark registered a fresh record high while the banking remained quiet on he first day. During the remaining part of the week, Nifty consolidated in a small range as the banking kept sulking. Fortunately, the IT space saw some renewed buying interest which kept our benchmark in the positive terrain to eventually register yet another record high beyond the 15800 mark. Among the key indices, Nifty gained 0.82% during the week which was mainly led by handsome gains of 4.52% in Nifty IT. The Nifty Midcap 50 index too added another 2.57% to its kitty; however, the banking remained laggard by losing over half a percent.       Since we are trading in an uncharted territory, a small uptick from hereon would give us new high. Hence, it should be considered only as a number now. Since last couple of weeks, we have been mentioning how there is no major hurdle seen

AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: 13.06.2021

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                TOURISM FINANCE CORPORATION OF INDIA CMP 75.6 ENTRY 72 TO 75 STOPLOSS 60 TARGET 175 TIME: 12 MONTHS   Tourism Finance Corporation of India Ltd.(TFCI) is an Indian Financial Institution, setup in 1989 upon the recommendations of the National Committee of Tourism under the aegis of Planning Commission. Established  as a premier tourism financing institution,TFCI has acted as a catalyst in creation of infrastructure in hospitality segment in over 3 decades of its existence. TFCI has also enabled various businesses to channelize their investments into different segments and locations of the tourism industry. Set-up by a group of government organisations like. IFCI, LIC, OIC, SBI, BOI, Canara Bank, etc., TFCI was instrumental in creating many firsts (viz., Indian Railways' Palace on Wheels, Esselworld,spa/wellness resort Ananda in the Himalayas, etc.) in hospitality sector. TFCI has assisted a third of the total capacity of branded hotels in India till date. It