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Showing posts from July, 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

Tweak in classification norms to ease FPIs’ compliance load

The move comes as the government faces a backlash from several foreign funds. from Stocks-Markets-Economic Times https://ift.tt/2ZqVcaC via Urmarketspy

Board Meetings Today: Marico, CEAT, JK Tyre, GSK Consumer, Airtel and Tata Power

It makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges. from Stocks-Markets-Economic Times https://ift.tt/2GCVKTc via Urmarketspy

Zee promoters to sell 11% to Invesco Oppenheimer

The fund has been a financial investor in Zee since 2002 and currently owns a 7.7 per cent stake in the company. from Stocks-Markets-Economic Times https://ift.tt/31e7y6t via Urmarketspy

Stocks in the news: ZEEL, Airtel, IDBI Bank, Eicher Motors, UPL and DHFL

Invesco Oppenheimer Developing Markets Fund has agreed to buy up to 11% stake in ZEEL. from Stocks-Markets-Economic Times https://ift.tt/2Mvl9C7 via Urmarketspy

US, China to keep talking on trade after little progress in Shanghai

The talks were the first face-to-face meetings since U.S. President Donald Trump and Chinese President Xi Jinping met in June and agreed to get negotiators back together to try to find a way out of the dispute. from Moneycontrol Latest News https://ift.tt/2MwxRAs via Urmarketspy

July ends with above normal rainfall; monsoon deficiency comes down: IMD

June had recorded rainfall of 87 percent of the Long Period Average, which was deficient, casting fear of drought like situation from Moneycontrol Latest News https://ift.tt/2ZrqrSM via Urmarketspy

US Democratic candidates attack Donald Trump as Democratic presidential debate opens

On the second of back-to-back nights of Democratic debates, front-runner Joe Biden was flanked at centre stage by rivals Kamala Harris and Cory Booker, U.S. senators who are the most prominent black contenders in a Democratic nominating contest in which race has played a prominent role. from Moneycontrol Latest News https://ift.tt/2GDcM3K via Urmarketspy

Is Donald Trump the reason the Fed cut rates?

His aggressive tactics on trade, including 25% tariffs on $200 billion of Chinese goods that prompted retaliatory duties on U.S. exports, have made companies uncertain about the future and more hesitant to invest. from Moneycontrol Latest News https://ift.tt/2ZmuIXv via Urmarketspy

North Korean missile tests didn#39;t violate Kim Jong Un pledge to Donald Trump: US official

"The firing of these missiles don#39;t violate the pledge that Kim Jong Un made to the president about intercontinental-range ballistic missiles," Bolton said in an interview on Fox Business Network. from Moneycontrol Latest News https://ift.tt/2GFbjdj via Urmarketspy

Stocks in the news: Zee Entertainment, Eicher Motors, Wipro, Ashok Leyland, HDFC

Eicher Motors | Wipro | Ashok Leyland | IndiaMart InterMesh | Unichem Labs and Ajanta Pharma are stocks which are in the news today. from Moneycontrol Latest News https://ift.tt/2yuxQoo via Urmarketspy

There are signs of slowdown but total business rejig not needed: Vishwavir Ahuja, RBL Bank

If you don't make a transparent disclosure on asset quality, there’ll be excessive speculation from Expert View-Markets-Economic Times https://ift.tt/2GCOHK8 via Urmarketspy

We like pharma selectively, hospitals offer deep value: Rahul Chadha, Mirae Asset

We need to watch what the government does over the next 6-9 months to restore confidence. from Expert View-Markets-Economic Times https://ift.tt/2GBfqXt via Urmarketspy

Podcast | Stock picks of the day: A decisive break below 11,000 may drift prices below 10,800

On the higher end, 11,300 will act as a crucial resistance. Going forward, sustained trades above 11,300 may further fuel the rally towards 11,450 from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/podcast-|-stock-picksthe-day-a-decisive-break-below-11000-may-drift-prices-below-10800_12823881.html via Urmarketspy

JPMorgan, Citi lower benchmark interest rates following Fed rate cut

The banks use different names -Citi calls this its "base rate," and JPMorgan refers to a "prime rate." However, lowering this benchmark rate means lower interest rates on loans that are based off the Fed#39;s main short-term rate. The move could result in lower revenues for the banks in the coming quarters. from Moneycontrol Latest News https://ift.tt/2KmGZFo via Urmarketspy

Donald Trump will travel to Poland, Denmark from August 31 to September 3

It said Trump and the first lady "will attend commemorative ceremonies and visit memorial sites in Warsaw on September 1, 2019, on the occasion of the 80th anniversary of the beginning of World War II." from Moneycontrol Latest News https://ift.tt/32VPXSe via Urmarketspy

Households return to safety of FDs despite falling rates

Annualised deposit growth rose from 8.1 per cent since the crisis in September 2018. from Stocks-Markets-Economic Times https://ift.tt/2yoIDka via Urmarketspy

Analyst Calls: PVR, DLF, PNB Housing Finance, Tech Mahindra

Maybank Kim Eng Securities has maintained buy rating on PVR with a target price of Rs 1,850. from Stocks-Markets-Economic Times https://ift.tt/2Mvl9lB via Urmarketspy

What changed for the market while you were sleeping? Top 12 things to know

Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.39 percent loss or 43 points. from Moneycontrol Latest News https://ift.tt/2LS6IbS via Urmarketspy

Stocks in the news: Zee Entertainment, Eicher Motors, Wipro, Ashok Leyland, IndiaMart

Eicher Motors | Wipro | Ashok Leyland | IndiaMart InterMesh | Unichem Labs and Ajanta Pharma are stocks which are in the news today. from Moneycontrol Latest News https://ift.tt/2OvAQMg via Urmarketspy

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

Japan#39;s Nikkei also fell 0.4%. South Korea#39;s KOSPI slipped 0.5% while Australian shares declined 0.3%. from Moneycontrol Latest News https://ift.tt/2YipwYk via Urmarketspy

Fed cuts rates, signals it may not need to do more

Fed Chairman Powell cited global weakness, simmering trade tensions and a desire to boost too-low inflation in explaining the central bank#39;s decision to lower borrowing costs from Moneycontrol Latest News https://ift.tt/2GF16xf via Urmarketspy

Wall Street drops after Fed#39;s Powell dampens rate cut outlook

The Dow Jones Industrial Average fell 333.75 points, or 1.23%, to 26,864.27, the SP 500 lost 32.8 points, or 1.09%, to 2,980.38 and the Nasdaq Composite dropped 98.20 points, or 1.19%, to 8,175.42. from Moneycontrol Latest News https://ift.tt/2Ox32y8 via Urmarketspy

A morning walk down Dalal Street | Nifty must hold 11,100 for positive momentum to continue

53 companies will declare their results for June quarter which include names like Bharti Airtel, CEAT, Godrej Consumer, HCC, ICRA, JK Tyre, Marico and Raymond among others. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-cues/a-morning-walk-down-dalal-street-|-nifty-must-hold-11100-for-positive-momentum-to-continue_12823741.html via Urmarketspy

Stocks in the news: Coffee Day, DHFL, ZEEL, Axis Bank, SBI, Hero MotoCorp and Eicher Motors

Axis Bank said its net profit climbed 95 per cent YoY to Rs 1,370 crore in Q1. from Stocks-Markets-Economic Times https://ift.tt/2yoqClM via Urmarketspy

Over 100 stocks of BSE 500 trading below book values

Analysts say when a stock falls below its book value, it means it is cheaply valued. from Stocks-Markets-Economic Times https://ift.tt/2K6UbiI via Urmarketspy

Zee likely to opt for offer by financial investor for stake sale

The brass of the Essel Group have been deliberating the pros and cons of both offers. from Stocks-Markets-Economic Times https://ift.tt/2YvIRAs via Urmarketspy

Market Movers: What changed for D-Street while you were sleeping

India received the highest-ever FDI inflow of $64.37 billion during the fiscal ended March 2019. from Stocks-Markets-Economic Times https://ift.tt/2GxYbGL via Urmarketspy

More overseas flights to give added thrust to IndiGo’s stock

Also, the collapse of full-service carrier Jet Airways has opened a strong opportunity for IndiGo. from Stocks-Markets-Economic Times https://ift.tt/2ZlSkM7 via Urmarketspy

Initial list of central public sector enterprises drawn for buybacks

In 2018-19, government had raised around Rs 17,000 crore through share buybacks from CPSEs. from Stocks-Markets-Economic Times https://ift.tt/2YzgGRc via Urmarketspy

Podcast | Stock picks of the day: Voltas, Hindalco, Tata Chemicals among top ideas to go short

Bears are likely to keep control over the markets and the current trend is likely to remain under pressure with Nifty moving towards 11,000-10,900 levels. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/podcast-|-stock-picksthe-day-voltas-hindalco-tata-chemicals-among-top-ideas-to-go-short_12817721.html via Urmarketspy

VG Siddhartha LIVE Updates: CCD founder dead, body found near Mangaluru

Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29 from Moneycontrol Latest News https://ift.tt/2GBmGCY via Urmarketspy

VG Siddhartha LIVE Updates: CCD founder#39;s body found near Mangaluru

Live updates: Cafe Coffee Day founder VG Siddhartha#39;s body has been found near Mangaluru. He was missing since July 29 from Moneycontrol Latest News https://ift.tt/3172OiW via Urmarketspy

Watch out for suicide warning signs and seek help

Almost 90 percent of suicides can be prevented by timely intervention, say experts from Moneycontrol Latest News https://ift.tt/2LPh64b via Urmarketspy

Death toll in Bihar floods rises to 130; situation eases in Assam

In Bihar 88.46 lakh people have been affected in 13 districts in inundation caused earlier this month due to the torrential rainfall in the catchment areas of Nepal, state disaster management department said. from Moneycontrol Latest News https://ift.tt/3172MYm via Urmarketspy

North Korea fires short-range ballistic missiles: South Korean military

The latest launches were from the Hodo peninsula on North Korea#39;s east coast, the same area from where last week#39;s were conducted, South Korea#39;s Joint Chiefs of Staff (JCS) said in a statement. It said it was monitoring in case of additional launches. from Moneycontrol Latest News https://ift.tt/2LPSd8o via Urmarketspy

Sukohi suffers bird hit at Jodhpur airbase as adjoining drain endangers flight safety

The incident was recounted on Monday by Jodhpur airbase Air Officer-in-Command Phillip Thomas to the district administration, which is responsible for the upkeep of the open portion of a drain outside the military aerodrome, the source of the problem. from Moneycontrol Latest News https://ift.tt/3172MHQ via Urmarketspy

BJP ready for JK assembly polls: Ravinder Rana

The BJP#39;s central leadership, including working president J P Nadda, on Tuesday held a meeting with its Jammu and Kashmir leaders. from Moneycontrol Latest News https://ift.tt/2LPh7VN via Urmarketspy

DHFL submits debt restructuring plan to core lenders

DHFL, the fourth-biggest housing finance company in India, has roughly Rs 1 lakh crore of debt. from Stocks-Markets-Economic Times https://ift.tt/2KirAWB via Urmarketspy

Midcaps down 26% from highs, more pain in store

The P/E tended to bottom at 25-40 per cent discount levels. from Stocks-Markets-Economic Times https://ift.tt/2GF06cx via Urmarketspy

Analyst Calls: Bandhan Bank, Orient Cement, Strides Pharma, Eris Lifesciences, Supreme Industries

JM Financial has maintained buy rating on Bandhan Bank with a target price of Rs 710. from Stocks-Markets-Economic Times https://ift.tt/2ST0Srf via Urmarketspy

US PE firm ‘saddened by the developments’, holds around 6.07% in Coffee Day Enterprises

“KKR has loans outstanding, to the group, including interest, of approximately Rs 255 crore,” said a source close to KKR on condition of anonymity. from Stocks-Markets-Economic Times https://ift.tt/32YtRP2 via Urmarketspy

Stocks in the news: Axis Bank, Hero Moto, Tech Mahindra, DHFL, JSW Steel, Gujarat Gas, Alkem

Tech Mahindra | DHFL | JSW Steel | Gujarat Gas | Alkem Labs | Dish TV | Shoppers Stop and Vinati Organics are stocks which are in the news today. from Moneycontrol Latest News https://ift.tt/2YsppZD via Urmarketspy

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the broader index in India, a with 0.3 percent loss or 33.5 points. from Moneycontrol Latest News https://ift.tt/2SQOCYe via Urmarketspy

Asian shares on defensive, pound at 28-month low on hard Brexit fears

MSCI#39;s broadest index of Asia-Pacific shares outside Japan was down 0.04% while Japan#39;s Nikkei slid 0.84%. from Moneycontrol Latest News https://ift.tt/2YC5cAo via Urmarketspy

Tech pulls Wall Street lower on Trump trade warning

The Dow Jones Industrial Average fell 23.33 points, or 0.09%, to 27,198.02, the SP 500 lost 7.79 points, or 0.26%, to 3,013.18he Nasdaq Composite dropped 19.72 points, or 0.24%, to 8,273.61. from Moneycontrol Latest News https://ift.tt/2SQFYsX via Urmarketspy

A morning walk down Dalal Street | Momentum still favours bears, crucial support for Nifty at 11,000

As many as 89 companies will declare their results for the June quarter which include names like Allahabad Bank, Apollo Tyres, Eicher Motors, Tata Global Beverages, Petronet LNG, MOSL, JBF Industries, IOC, Future Retail among others. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-cues/a-morning-walk-down-dalal-street-|-momentum-still-favours-bears-crucial-support-for-nifty-at-11000_12817501.html via Urmarketspy

China-US trade talks to restart after G20 tariff truce

The negotiations in China#39;s financial hub will be the first face-to-face discussions since negotiations collapsed in May, when US President Donald Trump accused China of reneging on its commitments. from Moneycontrol Latest News https://ift.tt/3149MoQ via Urmarketspy

Romesh Sobti: It’s a free market, Why should anybody help NBFCs?

When you compete irrationally on price to get market share, you sacrifice ALM, says IndusInd Bank CEO. from Expert View-Markets-Economic Times https://ift.tt/2ymv9p1 via Urmarketspy

Podcast | Stock picks of the day: Nifty likely to hover within 11,100-11,500 levels this week

The trend reversal in the index is not going to be easy this time as disappointment from the earnings has spread over the index majors as well from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/podcast-|-stock-picksthe-day-nifty-likely-to-hover-within-11100-11500-levels-this-week_12811681.html via Urmarketspy

Tata Motors to send stocks directly to dealers, to close distribution company TDCL

TML Distribution Company, which manages about 6,600 touch points of passenger and commercial vehicle sales and service across India, will close operations soon. from Moneycontrol Latest News https://ift.tt/2LOb6bH via Urmarketspy