MORNING NEWS HEADLINES
  • posted by IMV |
  • 04/12/2019

MONEYCONTROL • HDFC AMC: Standard Life is to sell up to 2.23 percent stake in the company via offer for sale. • Bajaj Finance: The company's current exposure to Karvy is approximately Rs 312 crore. • Nestle India: The company declared an interim dividend of Rs 55 per share for 2019. • CSB Bank: The lender is to make a debut on bourses on December 4, final issue price at Rs 195 per share. • PSU Banks:...

YES BANK UPDATE
  • posted by IMV |
  • 03/12/2019

Most of our subscribers are interested in Yes Bank. Is it the right time to Invest??? Some simple questions you need to answer...  Are you ready to open an account in Yes Bank? Have you seen any new branch of Yes Bank? Do you have confidence that management will solve the major issues as soon as possible? Our answer is NO... A big NO from our side because of weak fundamentals. Surely we will buy but if we see...

Morning News Headlines
  • posted by IMV |
  • 03/12/2019

 MONEYCONTROL • Bank of Baroda: The lender is to consider raising capital funds through the issue of capital debt instruments on December 5. • Godrej Properties: The company has acquired 20 percent issued and paid-up share capital of Yujya Developers Private Limited. • NMDC: Total November production was down 10.6 percent at 2.94 MT versus 3.29 MT, while sales remained flat at 2.79 MT, YoY. •...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 02/12/2019

MONEYCONTROL • Jagran Prakashan: The board will mull share buyback on December 9. • DHFL: RBI filed a plea to start the insolvency process against the company.  • Bharti Airtel: The company will consider raising funds via debt, equity on December 4. • 5paisa Capital: Subsidiary company 5Paisa P2P received a certificate of registration to act as NBFC-P2P from RBI. • Infosys: The company...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 29/11/2019

 MONEYCONTROL • Aurobindo Pharma: USA unit entered in pact with Profectus BioSciences to buy certain business assets for $11.29 million. • CG Power: Company cancelled royalty pact worth Rs 411.2 crore with Avantha Holdings. • Ashoka Buildcon: Company received Letter of Award for development of Bundelkhand Expressway Project. • Kohinoor Foods: Oriental Bank of Commerce declared the company as wilful defaulters...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 27/11/2019

MONEYCONTROL • Container Corporation: The company has signed a settlement agreement with Kohinoor India. • RITES: The government sold 10 percent equity in the company via offer for sale issues on November 22 and 25. • Tata Communications: The company appointed Amur Swaminathan Lakshminarayanan as MD & CEO. • BPCL: Moody's placed Baa2 rating on the review for downgrade on government stake sale. • Coffee...

MORNING NIFTY AND BANK NIFTY UPDATE (27th Nov 2019)
  • posted by IMV |
  • 26/11/2019

The market closes on a negative note and halting their two-day gain after hitting record highs in the opening trade. S&P BSE Sensex fell 0.17 percent to end at 40,821.30 and the NSE Nifty 50 fell 0.3 percent to end at 12,037.70. The broader markets represented by the NSE Nifty 500 Index fell 0.4 percent.  In the previous trading session, the Supreme Court has given a decision on the floor test which will be held on 27 November and...

MORNING NEWS HEADLINES
  • posted by IMV |
  • 26/11/2019

MONEYCONTROL • Zee Entertainment: The company has appointed three new independent directors in lieu of two independent and one nominee director of Essel Group. Also, Subhash Chandra stepped aside as the chairman of the company. • Ashok Leyland/ICICI Bank: Ashok Leyland signed a Memorandum of Understanding (MoU) with lClCl Bank to enter into a strategic financing partnership for two years. • MOIL: Shares will turn...

MORNING NIFTY AND BANK NIFTY UPDATE (26th Nov 2019)
  • posted by IMV |
  • 25/11/2019

The market closes on a positive note and BSE Sensex hit a fresh all-time high on Monday trading session. BSE Sensex rose as much as 1.31 percent to close at 40,889.23 while the NSE Nifty rose 1.34 percent to 12,073.75, just 15 points away from its all-time high on an intraday basis. The broader markets represented by the NSE Nifty 500 Index rose 1.06 percent.  All the sector indices ended in the green, led by the NSE Nifty Metal...

MORNING NEWS HEADLINES  (25th Nov 2019)
  • posted by IMV |
  • 25/11/2019

MONEYCONTROL • Thyrocare Technologies: The company's officials will hold a con-call with the representative(s) of Eternity Capital Management on November 25 and a meeting with the representative(s) of Capital Investment Research Services Private Limited (Capital Group) on December 2. • Affle India: The company's officials will hold a con-call with Edelweiss Securities, Spark Capital Advisors and Soros Capital Management on...