FINANCE TODAY

      Market began the week with mild optimism rising mid week to cheer No Negatives from President Trump, but continued profit booking brought down indices by the close of the week. GDP numbers came at 7% growth for Q3 compared to previous year, which was a pleasant surprise to many economist but Mr Market knew it all. Markets had continuously sprinted since the beginning of this financial year as seen with the 1000 point rise in Nifty in previous two months, contrary to majority opinion on the street that due to demonetization the performance of the economy will get impacted. Even the so called most professional players the FPIs or the FIIs have also not been able to invested in this 1000 point rally. But collectively, Mr Market is far more intelligent and well informed as to what the future holds for it. That is why it is said, people cannot predict correctly all the time and therefore it is advisable to follow the Market rather than predict it. Events of the week: 

Across 26,000 branches of SBI in and outside India   Bangalore, March 06, 2017  ––  Trend Micro  Incorporated  ( TYO: 4704 ;  TSE: 4704 ), a global leader in cybersecurity solutions, announced that it has deployed its’ Endpoint and server security solutions across more than 26000 branches of SBI in and outside India and over 275,000 endpoints. Trend Micro also secures 29,000 VM’s (Virtual Machines). This is a major milestone for Trend Micro that prides itself with having six among India’s 10 largest banks as their customer, using their flagship security products and with highest market share with the leading banks in India. SBI being the largest and biggest public sector Bank in India is placing huge emphasis on embracing technology, with investment priorities around Digitization, Cloud and Mobility, and the integration of security tools is a top priority for SBI. “We not only protect customers who have already adopted the technology or who are already there on th

First bank in India to offer secured access, storage of documents on Government of India’s platform Mumbai, 2017: In a move to support the Government of India’s Digital India and cashless initiative, Kotak Mahindra Bank (KMB) has become India’s first bank to launch access to DigiLocker on the Bank’s Net Banking platform. Through this platform, customers can eliminate the use of physical documents as Aadhaar-linked documents can be automatically fetched from Digilocker partner institutions. Customers can also download pre-verified documents themselves by providing some details.  Customers only need a valid Aadhaar number to avail the DigiLocker. It is a free service with storage capacity of 1GB. They can upload scanned copies of their documents like Driving license, Voter ID, School Certificates, etc.  in their DigiLocker. They can share them with anyone using email, and can also electronically sign them using the eSign facility. KMB has provided single sign-on acces

Vista Car Care, an automotive detailing brand from the house of Resil Chemicals Pvt. Ltd. launches Vista Ultimate Liquid Wax, a revolutionary wax product. It gives durable sealant to your car or bike’s paintwork that can last for months. Vista is an emerging leader in automotive detailing products, serving every motor enthusiast’s need. For those who are passionate about their cars and bikes and also seek premium quality products, this is a perfect invention. The Vista Ultimate Liquid Wax puts an extra layer onto your car’s paintwork to help protect it from road damage while offering a glossy finish. Considering its ease of use, smashing results and low price – Vista Ultimate Liquid Wax is one of the best car/bike waxes in the market. Designed to offer a protective and attractive shine to the exteriors of your vehicle, its extra durability makes it a must have for an automobile fanatic. The procedure is as easy as applying the wax with a sponge over the surface and wiping