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Showing posts from January, 2019

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

Smriti Irani calls Rahul Gandhi #39;congenital liar#39;; Congress hits back

Hitting back at Irani, Congress spokesperson Jaiveer Shergill said Irani was an "an electorally frustrated" leader who has been trying to stay politically relevant by abusing Gandhi for the past 15 years. from Moneycontrol Latest News http://bit.ly/2RvELVA via Urmarketspy

Rahul Gandhi slams Narendra Modi on job creation, says #39;leaked report card#39; reveals disaster

Rahul Gandhi tagged a media report which cited a report which said the unemployment rate is highest in 45 years. from Moneycontrol Latest News http://bit.ly/2WwST4w via Urmarketspy

Key takeaways from Indiabulls Housing Finance Q3 earnings

The NBFC reported a 13.72% YoY drop in profit at Rs 985.51 crore for December quarter. from Stocks-Markets-Economic Times http://bit.ly/2RqSYDi via Urmarketspy

Share market update: Nifty Bank index gains nearly 400 points ahead of F&O expiry

The Nifty Bank index was trading 1.41 per cent up at 27,204.05 around 02:21 pm. from Stocks-Markets-Economic Times http://bit.ly/2WvgZg5 via Urmarketspy

KEC International Q3 review: Time to tone down growth expectations

The next two quarters will be crucial as execution may remain muted with private clients facing issues pertaining to credit flow leading to slower execution. from Moneycontrol Latest News http://bit.ly/2CXN86S via Urmarketspy

Dabur Q3 beats estimates, profit rises 10%, domestic volume growth at 12.4%

Consolidated revenue during the quarter increased 11.8 percent year-on-year to Rs 2,199 crore with healthy domestic volume growth at 12.4 percent against 13 percent in same period last year. from Moneycontrol Latest News http://bit.ly/2RY41c5 via Urmarketspy

Government seeks to find permanent solutions for farmers#39; problems: President Kovind

The President recounted Modi government#39;s commitment to doubling farmers#39; income by 2022 and listed measures taken during the last four and half years to address farm sector issues. from Moneycontrol Latest News http://bit.ly/2HIfZlw via Urmarketspy

Blame pinned on Kochhar, it is business as usual for ICICI Bank: Sandeep Parekh, Finsec Law Advisors

The company itself is strictly not liable for whatever has happened in the past, says Parekh. from Expert View-Markets-Economic Times http://bit.ly/2sWnzP7 via Urmarketspy

PNB-Nirav Modi fraud case: NCLT allows MCA to add 19 respondents

The names include PNB#39;s former Chairman and Managing Director Usha Anathasubramanian and Executive Directors K Brahmaji Rao and Sanjiv Saran. from Moneycontrol Latest News http://bit.ly/2BeX38f via Urmarketspy

D-Street Buzz: Oil gas stocks rally as RIL, IOC jump 2-3%; Axis Bank spikes 4%, DHFL tanks

The breadth of the market favoured the advances with 974 stocks advancing and 739 declining while 343 remained unchanged. On the BSE, 1351 stocks advanced, 1106 declined and 138 remained unchanged. from Moneycontrol Latest News http://bit.ly/2SjjanQ via Urmarketspy

Modi government committed to equitable development of 3 regions of JK: President Kovind

Ram Nath Kovind said the NDA government was committed to the development of Jammu and Kashmir and had announced a package of Rs 80,000 crore. from Moneycontrol Latest News http://bit.ly/2G0Eclq via Urmarketspy

Share market update: Consumer Durables shares trade higher; VIP Industries up 2%

Benchmark NSE Nifty50 index was up 142.10 points at 10,793.90 while the BSE Sensex was up 525.66 points at 36116.91. from Stocks-Markets-Economic Times http://bit.ly/2SjfwdE via Urmarketspy

L&T Technology OFS sees tepid retail demand

The total issue size represents 2.89 per cent of its total paid-up equity share capital. from Stocks-Markets-Economic Times http://bit.ly/2G2VjD4 via Urmarketspy

Fitch warns of fiscal slippage if government goes for populist interim budget

Fitch said longer-term trends are more important to the sovereign rating profile. from Stocks-Markets-Economic Times http://bit.ly/2MJeLVK via Urmarketspy

Natco braces for major patent battle in US, submits ANDA of cancer drug Imbruvica

As per the USFDA#39;s Orange Book contains that data of all approved drugs in US, the patents of Imbruvica will start expiry only from 2026, some patents are valid all the way till 2033-2034. from Moneycontrol Latest News http://bit.ly/2ToZSur via Urmarketspy

India#39;s share in global GDP rose to 3.3% in 2017: President Kovind

The President noted that this is an opportune moment for the country to play a decisive role in the fourth industrial revolution. from Moneycontrol Latest News http://bit.ly/2BegcHw via Urmarketspy

Patanjali moves NCLT for considering its Ruchi Soya offer: Report

Ruchi Soya’s acquisition will not only expand its current business but also be a vital component in Ramdev’s ambitious plan of doubling revenue, which the company failed to do in fiscal 2018. from Moneycontrol Latest News http://bit.ly/2TmqNaj via Urmarketspy

Budget 2019: Will it impress homebuyers?

To continue the momentum of infrastructure creation, the Budget is expected to focus on addressing the needs of the common man, especially in terms of extending tax incentives for housing. from Moneycontrol Latest News http://bit.ly/2UwkAsx via Urmarketspy

Indiabulls Housing Finance expects 17-19% profit growth in FY20

Gagan Banga, Managing Director of Indiabulls Housing Finance, said the company has taken some small developers to the NCLT. from Moneycontrol Latest News http://bit.ly/2Rth5Ru via Urmarketspy

Demonetisation a defining moment in war on corruption, black money: President Kovind

The government had demonetised currency notes of 500 and 1000 denomination on November 8, 2016, to check black money. from Moneycontrol Latest News http://bit.ly/2WvPVNP via Urmarketspy

Europe launches sanctions-busting Iran payment vehicle

The announcement may come on the sidelines of a meeting of EU foreign ministers in Bucharest. from Moneycontrol Latest News http://bit.ly/2UxA1kh via Urmarketspy

Bulls rule as Sensex soars over 500 points; here are 5 factors driving the rally

The Sensex rose nearly 600 points, while the Nifty hit 10,800 in the afternoon. Buying was visible across all sectors, with maximum gains seen among banks, technology names as well as energy sector. from Moneycontrol Latest News http://bit.ly/2Uwg9hq via Urmarketspy

Government approves 4 lakh houses under PMAY(U)

The government has set a target of one crore houses to be constructed in urban areas in the country over a period of seven years (from 2015 to 2022). from Moneycontrol Latest News http://bit.ly/2DLDy8U via Urmarketspy

Focus is on infra theme ahead of Budget 2019; experts bet on LT

Focus on completion of infrastructure projects – be it roads, highways, smart cities, all of it shall overall benefit the industry. from Moneycontrol Latest News http://bit.ly/2Uwg6lK via Urmarketspy

Bajaj Auto Q3 FY19 review: Margins disappoint, outlook positive

NULL from Moneycontrol Latest News http://bit.ly/2HFwZZq via Urmarketspy

Rafale jets to soon join IAF fleet, improve its strike capability: Ram Nath Kovind

The government has been facing attack from the opposition over the multi-crore aircraft deal. from Moneycontrol Latest News http://bit.ly/2FYvVOQ via Urmarketspy

Don#39;t let Ram temple issue go the Kashmir way: Shiv Sena

Commenting on the Centre#39;s move, the Uddhav Thackeray- led party said if this was the solution, why the BJP-led government could not think of it in last four years. from Moneycontrol Latest News http://bit.ly/2GcEgh2 via Urmarketspy

Image gallery: 2019 Maruti Suzuki WagonR

Image gallery: 2019 Maruti Suzuki WagonR from Moneycontrol Latest News http://bit.ly/2FYvUKM via Urmarketspy

Sensex shoots up 500 points: 5 factors driving the rally

Hang Seng and Nikkei advanced up to 1 per cent in morning trade. from Stocks-Markets-Economic Times http://bit.ly/2GcjBK2 via Urmarketspy

D-Street Buzz: Nifty Energy outperforms led by RIL, Infosys jumps 3%; media stocks drag

The breadth of the market favoured the advances with 919 stocks advancing and 751 declining while 385 remained unchanged. On the BSE, 1227 stocks advanced, 1061 declined and 145 remained unchanged. from Moneycontrol Buzzing Stocks http://bit.ly/2MOb0id via Urmarketspy

Bajaj Auto Q3 FY19 review: Margin disappoints, outlook positive

NULL from Moneycontrol Latest News http://bit.ly/2DJyYrZ via Urmarketspy

Congress#39; Shafia Zubair wins Ramgarh poll in Rajasthan, defeats BJP rival by over 12,000 votes

A total of 20 candidates contested the January 28 election. from Moneycontrol Latest News http://bit.ly/2Uu0saA via Urmarketspy

NCLT admits insolvency plea against Emaar MGF Land, appoints resolution professional

The tribunal has also directed the company, its erstwhile director, promoters or any other person associated with the Emaar MGF Land to “extend every assistance and cooperation to the interim resolution professional". from Moneycontrol Latest News http://bit.ly/2DKOBiQ via Urmarketspy

Resentment is generated against those not taking interest in discussions in Parliament:PM Modi

Speaking outside Parliament before the start of the session, the prime minister said there is an awareness among the people in the country and all citizens watch proceedings closely. from Moneycontrol Latest News http://bit.ly/2UsLLV1 via Urmarketspy

Hold Swaraj Engines; target of Rs 1450: ICICI Direct

ICICI Direct recommended hold rating on Swaraj Engines with a target price of Rs 1450 in its research report dated January 28, 2019. from Moneycontrol Latest News http://bit.ly/2FZWhzW via Urmarketspy

Former Axis Bank chief Shikha Sharma to join KKR as advisor: Report

KKR is expected to make the announcement on January 31, later in the night. from Moneycontrol Latest News http://bit.ly/2MJdQEM via Urmarketspy

Unemployment rate at 6.1% in 2017-18, highest in over 4 decades: NSSO survey

The report, which is yet to be made public, states that this level of unemployment was last registered in 1972-73. from Moneycontrol Latest News http://bit.ly/2Gbe4Dz via Urmarketspy

2019 Maruti Suzuki WagonR: Five things we love and three we don`t

2019 Maruti Suzuki WagonR: Five things we love and three we don't from Moneycontrol Latest News http://bit.ly/2FYuO1C via Urmarketspy

Nikkei rebounds as Fed's shift calms nerves; gains 3.8% in January

For the month, the Nikkei gained 3.8 per cent, after diving 10.5 per cent last month. from Stocks-Markets-Economic Times http://bit.ly/2TiZIop via Urmarketspy

Share market update: Power shares up; Tata Power, NTPC among top gainers

The S&P BSE Power index was trading 0.63 per cent up at 1875.20 around 12:49 pm. from Stocks-Markets-Economic Times http://bit.ly/2BeqQhc via Urmarketspy

Stern action against Chanda Kochhar a warning to India Inc, say corporate governance experts

JN Gupta, Managing Director of Stakeholders Empowerment Services feels the stern action against ICICI Bank#39;s former chief Chanda Kochhar is a warning for other boards of the corporate world. from Moneycontrol Latest News http://bit.ly/2TnK9fl via Urmarketspy

Market to be choppy near term, will see if Budget puts pressure on fiscal side: Sandeep Bhatia, Macquarie Capital Securities

NBFC space will continue to be squeezed and will be a major story of 2019, says Bhatia. from Expert View-Markets-Economic Times http://bit.ly/2RsITWl via Urmarketspy

See Nifty at 12,000 in Feb, a 500-700 pt rally likely: Sanjiv Bhasin, IIFL Securities

There is scope for contrarian picks in IT, real estate and consumption sectors, says Bhasin. from Expert View-Markets-Economic Times http://bit.ly/2WwmdZ2 via Urmarketspy

Chanda Kochhar episode not going to impact ICICI Bank performance too much: Siddharth Purohit, SMC Global Securities

There is a clear trend of improvement in asset quality and the market will judge that, says Purohit. from Expert View-Markets-Economic Times http://bit.ly/2S1n3yg via Urmarketspy

Pause to give US Fed a breathing space: Jahangir Aziz, JP Morgan

EMs including India and China have been using quantitative tools forever, says Aziz from Expert View-Markets-Economic Times http://bit.ly/2UtbHQj via Urmarketspy

US Fed more conservative than what we thought just six weeks ago: Sarah House, Wells Fargo

It is uncertain whether this is just a pause or the end of the Fed tightening cycle, says House. from Expert View-Markets-Economic Times http://bit.ly/2UuN7i5 via Urmarketspy

Will perform strong enough to keep predators away: Amitabh Chaudhry, Axis Bank

Axis intends to achieve growth and profitability with a conservative approach sticking to risk norms. from Expert View-Markets-Economic Times http://bit.ly/2TrQnec via Urmarketspy

Why Dipan Mehta prefers consumption stocks to direct rural plays

One has to be extremely selective within the IT space and buy into a basket of IT stocks, says Mehta. from Expert View-Markets-Economic Times http://bit.ly/2FZ5vMJ via Urmarketspy

This auto stock is among Nitin Raheja’s top picks

Not comfortable with investors being in defence space as there is too much government intervention, says Raheja from Expert View-Markets-Economic Times http://bit.ly/2TqDlh2 via Urmarketspy

Markets will be range-bound with a negative bias till the elections: V Srivatsa, UTI MF

One would be watching out for election outcome from a three-four months perspective. Says Srivatsa from Expert View-Markets-Economic Times http://bit.ly/2DHSHYO via Urmarketspy