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Showing posts from November, 2018

Ahead of Market: 12 things that will decide stock action on Monday

Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trade setup on the counters of Torrent Pharma, Mindteck, Capacit’e Infraprojects, APL Apollo Tubes and La Opala. from Stocks-Markets-Economic Times https://ift.tt/3sHwST0 via Urmarketspy

ETMGS: If you quit market once, no way to get back, says Shankar Sharma

There is no skill if one gets one out of 20 investment bets right, he emphasised. from Stocks-Markets-Economic Times https://ift.tt/2TYh3DN via Urmarketspy

Share market update: OMCs trade lower; Oil India plunges around 8%

Benchmark NSE Nifty50 index was up 13.45 points at 10,872.15 while BSE Sensex was up 34.68 points at 36,205.09. from Stocks-Markets-Economic Times https://ift.tt/2AzF6Aa via Urmarketspy

Lupin rises 2% after launch of skin infection treatment cream in US

Lupin#39;s drug is the generic equivalent of Taro Pharmaceuticals#39; Nystatin and Triamcinolone Acetonide Cream. from Moneycontrol Buzzing Stocks https://ift.tt/2E5PgfU via Urmarketspy

D-Street Buzz: Infra stocks drag with Reliance Infra down 5%; Tata Motors shed 3%, YES Bank most active

The breadth of the market favoured the declines with 829 stocks advancing and 852 declining while 379 remained unchanged. On the BSE, 1178 stocks advanced, 1315 declined and 150 remained unchanged. from Moneycontrol Buzzing Stocks https://ift.tt/2rccSai via Urmarketspy

Allahabad Bank gains 2% ahead of board meeting to consider fund raising

Allahabad bank will raise funds through preferential allotment of new equity shares to the Government of India against their capital infusion of Rs 3,054 crore. from Moneycontrol Buzzing Stocks https://ift.tt/2E4KbV9 via Urmarketspy

Congress is Gandhi-Nehru family#39;s private limited company: Amit Shah

Ć¢€œThe Congress is not a democratic party. It is a private limited firm of the Gandhi-Nehru family,Ć¢€ he said addressing an election rally in Kotputli in Jaipur district. from Moneycontrol Latest News https://ift.tt/2zAGkvd via Urmarketspy

Opinion | India consolidates its position in outsourcing business

In order to ensure that US immigration rules do not blunt the growth of this industry, it has already begun seeking new markets in Continental Europe, Japan, China and Africa. from Moneycontrol Latest News https://www.moneycontrol.com/news/it/opinion-|-india-consolidates-its-positionoutsourcing-business_11788521.html via Urmarketspy

Suresh Prabhu met several sovereign wealth funds to attract investments

"In the last two days, the minister separately met global pension funds, sovereign wealth funds and other large funds from Australia, Canada, Singapore, Korea, Japan, Norway and the European Union and the US. All are looking at India for good investment opportunities," the government official added. from Moneycontrol Latest News https://ift.tt/2P9VHzz via Urmarketspy

NPAs are results of previous Congress-led govt#39;s misdeeds: Amit Shah

"The loans given through corrupt practices during the Congress government have turned into NPA. These are not loans given by the Narendra Modi government. These are the results of the misdeeds of the Congress government," he said, addressing an election rally at Kuchaman city of Nagaur district. from Moneycontrol Latest News https://ift.tt/2ztq0MM via Urmarketspy

Centre, states apportion Rs 33,000 cr IGST in November

The apportionment would add to the goods and services tax (GST) revenue of both the centre and states for November. The total revenue collection figures for the month would be released on Saturday. from Moneycontrol Latest News https://ift.tt/2SksGTX via Urmarketspy

Lupin rises 2% after launch of skin infection treatment cream in US

Lupin#39;s drug is the generic equivalent of Taro Pharmaceuticals#39; Nystatin and Triamcinolone Acetonide Cream. from Moneycontrol Latest News https://ift.tt/2E5PgfU via Urmarketspy

JLR to lay off staff temporarily at UK plant to adjust vehicle production

The company further said it will undertake a two-week production pause at the plant in December and has asked 500 workers to stay at home although they would continue to draw salaries during the period. from Moneycontrol Latest News https://ift.tt/2SfAtT4 via Urmarketspy

Ailing Goa CM to meet govt officials, BJP MLAs on Saturday

Parrikar had earlier held a cabinet meeting on October 31 and met party officials the next day. from Moneycontrol Latest News https://ift.tt/2E5p9Wu via Urmarketspy

D-Street Buzz: Infra stocks drag with Reliance Infra down 5%; Tata Motors shed 3%, YES Bank most active

The breadth of the market favoured the declines with 829 stocks advancing and 852 declining while 379 remained unchanged. On the BSE, 1178 stocks advanced, 1315 declined and 150 remained unchanged. from Moneycontrol Latest News https://ift.tt/2rccSai via Urmarketspy

#39;Metal stocks due for short covering; JSW Tata Steel good long-term bets#39;

On the upside it can go till 11,000 where it may find some supply pressure, Arpan Shah of Monarch Networth Capital said. from Moneycontrol Latest News https://ift.tt/2FMDj0t via Urmarketspy

IOB plans to raise up to Rs 300 cr bonds

"The board of directors of the bank, have by circular resolution... approved the raising of tier II capital by issue of tier II Basel III compliant bonds for an issue size of Rs 200 crore with green shoe option of additional Rs 100 crore aggregating Rs 300 crore in one or more tranches on a private placement basis," Indian Overseas Bank said in a regulatory filing. from Moneycontrol Latest News https://ift.tt/2QuW2le via Urmarketspy

GEECL to invest $2 bn to exploit shale gas reserves

GEECL#39;s coal-bed methane (CBM) block may hold as much as 6.63 Trillion cubic feet (Tcf) of shale resources, of which about 1.7 Tcf can be recovered, he said. from Moneycontrol Latest News https://ift.tt/2DSbbq6 via Urmarketspy

Minister Bavaliya files nomination for Jasdan bypoll: Gujarat

After filing his nomination papers, Bavaliya expressed confidence that he would win the poll with a big margin. from Moneycontrol Latest News https://ift.tt/2r8YoYS via Urmarketspy

EC orders repoll in Ajasora polling station: Mizoram

The repoll will be conducted on December four, Deputy Chief Electoral Officer H Lianzela said. from Moneycontrol Latest News https://ift.tt/2FMZ68c via Urmarketspy

Consumption to remain main growth driver over FY19 and FY20: Anubhuti Sahay, Standard Chartered Bank

Rural demand is likely to remain supportive but not as strong as was expected initially, says Sahay from Expert View-Markets-Economic Times https://ift.tt/2E86itO via Urmarketspy

Share market update: Telecom shares in the red; Vodafone Idea slumps over 5%

Benchmark NSE Nifty50 index was down 15.85 points at 10,842.85 while BSE Sensex was down 66.96 points at 36,103.45 around 02:22 pm. from Stocks-Markets-Economic Times https://ift.tt/2RpA0gW via Urmarketspy

ETMGS: 95% of leaders today will die down in 10 years! Invest in leaders of tomorrow

Of late, tide is turning and the AIF space is growing at an unparalleled pace. from Stocks-Markets-Economic Times https://ift.tt/2FYzbe2 via Urmarketspy

Share market update: Nifty Metal index dips; CIL down nearly 2%

Benchmark NSE Nifty50 index was down 6.85 points at 10,851.85 while BSE Sensex was down 6.39 points at 36164.02 around 02:05 pm. from Stocks-Markets-Economic Times https://ift.tt/2zHg56D via Urmarketspy

Nifty on track to report 10-12% earnings growth for FY19: Kotak AMC

Commodity cost pressure has also abated since then and this bodes well for the future trajectory of growth, said Shibani Kurian of Kotak Mahindra Asset Management from Moneycontrol Latest News https://ift.tt/2E5yVYQ via Urmarketspy

SoftBank sets indicative IPO price at Y1,500, unchanged from initial estimate

The IPO is aimed at providing the group with funds to pay down debt and place big bets on innovations that chief Executive Masayoshi Son predicts will drive future tech trends. from Moneycontrol Latest News https://ift.tt/2SlysEK via Urmarketspy

Allahabad Bank gains 2% ahead of board meeting to consider fund raising

Allahabad bank will raise funds through preferential allotment of new equity shares to the Government of India against their capital infusion of Rs 3,054 crore. from Moneycontrol Latest News https://ift.tt/2E4KbV9 via Urmarketspy

Brent oil edges up on expected OPEC cuts; US crude weaker amid swelling supply

To rein in the glut, OPEC and its main partner Russia are moving closer to an agreement around further production cuts. from Moneycontrol Latest News https://ift.tt/2SihdEv via Urmarketspy

Major parties engage in one-upmanship game to woo voters in poll bound Telangana

The ruling Telangana Rashtra Samiti (TRS) led by caretaker Chief Minister K Chandrasekhar Rao, has promised farm loan waiver of up to Rs one lakh, if the party returns to a second term in office. from Moneycontrol Latest News https://ift.tt/2E6L7bw via Urmarketspy

Australia shares down on weak banks, nerves before G20; NZ rises

Australia's benchmark S&P/ASX 200 index closed down 1.6 per cent. from Stocks-Markets-Economic Times https://ift.tt/2Q5U2Ra via Urmarketspy

Buy Zensar Technologies, target Rs 300: Motilal Oswal Securities

Buy Zensar Technologies Ltd. at a price target of Rs 300. from Stocks-Markets-Economic Times https://ift.tt/2Qq9G9d via Urmarketspy

Allow GST on ATF, uniformity in input tax credit: Aviation ministry to Fin Min

The government is in talks with the oil marketing companies (OMCs) to pass on the benefits of falling crude oil prices to the airline companies from Moneycontrol Latest News https://ift.tt/2FNZfIz via Urmarketspy

Angry farmers march on parliament to denounce their plight

Low food prices, export curbs, anti-inflation policies that keep rural incomes low and a broad shift from subsidies to investment spending have all infuriated and demoralised farmers. from Moneycontrol Latest News https://ift.tt/2rlQTOt via Urmarketspy

Morgan Stanley overweight on SBI, sees 22% upside

Morgan Stanley expects SBI#39;s margin to improve further as non-performing loans reduced. from Moneycontrol Latest News https://ift.tt/2FMmH8T via Urmarketspy

Rupee expected to maintain 69/$ level; political, global events eyed

Experts believe that 69 per US dollar level could be maintained, while a fall below 71-72 per US dollar is unlikely on the currency from Moneycontrol Latest News https://ift.tt/2rdqUsj via Urmarketspy

Shiv Sena MLA Vijay Auti elected Maharashtra Assembly Deputy Speaker

Fadnavis described Auti as a leader rooted to the ground who enjoys unstinted support from his constituents in Parner Assembly seat in Ahmednagar district. from Moneycontrol Latest News https://ift.tt/2KJjA0v via Urmarketspy

Gold prices to trade sideways today: Angel Commodities

According to Angel Commodities, on Thursday, spot gold prices rose 0.21 percent to close at $1223.6 per ounce as the dollar steadied ahead of the meeting of U.S. President Donald Trump and ChinaĆ¢€™s President Xi Jin Ping at G20 summit in Argentina which commences today to discuss the ir never ending trade dispute. from Moneycontrol Latest News https://ift.tt/2rbsF9c via Urmarketspy

Phasing out coal power would benefit Indian consumers, taxpayers: Study

If coal plants are closed in line with the Paris Agreement the industry could lose $92 billion in South Korea, $76 billion in India and $51 billion in South Africa. from Moneycontrol Latest News https://ift.tt/2FR8bNv via Urmarketspy

Uphill task to beat Vasundhara Raje, but I#39;m here to win: Manvendra Singh

With a battle cry of "Jhalawar azaad hoga (Jhalawar will be free)", Singh said he is determined to live up to the challenge of taking on his formidable opponent. from Moneycontrol Latest News https://ift.tt/2TWJhyG via Urmarketspy

Reliance Communications surges 15% as SC clears spectrum sale to Jio

Department of Telecommunications (DoT) to issue NOC for spectrum sale in 1 week after receiving the corporate guarantee. from Moneycontrol Buzzing Stocks https://ift.tt/2Ro5C6F via Urmarketspy

Reliance Communications surges 15% as SC clears spectrum sale to Jio

Department of Telecommunications (DoT) to issue NOC for spectrum sale in 1 week after receiving the corporate guarantee. from Moneycontrol Latest News https://ift.tt/2Ro5C6F via Urmarketspy

India to chair Kimberley Process from January 2019: Commerce Ministry

Since August 2013, the Kimberley Process has 54 participants, representing 81 countries. from Moneycontrol Latest News https://ift.tt/2Q5eKjU via Urmarketspy

SC notice to Ramdev on book publisher#39;s plea against HC order

Ramdev had filed the plea in the high court against the book titled #39;Godman To Tycoon#39;, saying the book, purportedly on his life, had defamatory content and harmed his economic interests and reputation. from Moneycontrol Latest News https://ift.tt/2Rolu9r via Urmarketspy

No question of replacing CM Parrikar: GFP Chief Sardesai

Parikkar is undergoing treatment for a pancreatic ailment at his residence after returning to the state on October 14 following hospitalisation at the All India Institute of Medical Sciences in New Delhi. from Moneycontrol Latest News https://ift.tt/2Q3d36B via Urmarketspy

Nikkei edges up but gains limited ahead of US-China meeting

The Nikkei share average rose 0.4 per cent to 22,351.06. from Stocks-Markets-Economic Times https://ift.tt/2SigMda via Urmarketspy

Buy NOCIL, target Rs 270: Prabhudas Lilladher

Buy NOCIL at a price target of Rs 270. from Stocks-Markets-Economic Times https://ift.tt/2E5iPye via Urmarketspy

Buy Larsen & Toubro, target Rs 1,760: Reliance Securities

Buy Larsen & Toubro at a price target of Rs 1760. from Stocks-Markets-Economic Times https://ift.tt/2DS919R via Urmarketspy

Share market update: Nifty FMCG index flat; United Spirits up 6%

Benchmark NSE Nifty50 index was up 7.25 points at 10,865.95 while BSE Sensex was up 12.44 points at 36,182.85 around 12:50 pm. from Stocks-Markets-Economic Times https://ift.tt/2Sfq1L6 via Urmarketspy

D-Street Buzz: Nifty Realty outshines led by Oberoi Realty; Wipro jumps 2%, Apollo Hospitals hits new 52-week high

The breadth of the market favoured the advances with 928 stocks advancing and 735 declining while 397 remained unchanged. On the BSE, 1262 stocks advanced, 1071 declined and 138 remained unchanged. from Moneycontrol Buzzing Stocks https://ift.tt/2rcEcoQ via Urmarketspy

Sun TV Network falls 4% after HSBC cuts price target by 18%

While reiterating hold rating on the stock, HSBC said higher investment by Sun TV Network is required to enter new markets. from Moneycontrol Buzzing Stocks https://ift.tt/2BHr4hx via Urmarketspy

Kesoram Industries rallies 10% on report of likely demerger of tyre business

Report said Kesoram is looking to induct a strategic partner in its tyre business post demerger as it has been a loss-making unit for many years. from Moneycontrol Buzzing Stocks https://ift.tt/2P8jekx via Urmarketspy