Dear Followers, In order to provide you better user experience and additional features. We have moved our website / blog to a new web address - www. IndianMarketView .Com ( www.indianmarketview.com ). Kindly go thru our new website to get daily updates, news, recommendations and technical levels of Indian Stock and Commodity Market. Thanks Team Indian Market View
MONEYCONTROL • Avenue Supermarts Q3: Standalone net profit grew 53.3% at Rs 394.3 crore against Rs 257.1 crore YoY. Standalone revenue went up 23.9% at Rs 6,751.9 crore against Rs 5,450.9 crore YoY. • Tata Steel: Netherland arm announces successful refinancing of €1.75 billion of European debt. • HCC: Lenders initiate Rs 2,100 crore Debt/Asset carve-out. • Torrent Power: CRISIL upgrades long-term...
MONEYCONTROL • Ashoka Buildcon: Arm executes concession agreement worth Rs 1,000 crore with NHAI. • Tata Motors December auto sales: Total JLR US sales went down 2 percent at 13,801 units against 14,079 units (YoY). Total Jaguar US sales reduced 4.4 percent at 3,311 units against 3,462 units (YoY). • HDFC: Cuts retail prime lending rate on housing loans by 5 bps w.e.f January 6. • Adani Ports:...
MONEYCONTROL • SBI, Union Bank: The State Bank of India (SBI) and Union Bank of India are looking to sell their non-performing loans totalling Rs 2,836 crore to banks, asset reconstruction companies and other financial institutions. • ONGC: The company on January 2 walked away with all the seven oil and gas blocks on offer in the latest bid round that saw just eight bids coming in. • Hero MotoCorp: The...
SUNTECK Stock looks bullish on the chart. Currently 2 % up from previous closing. Catch it above 432 if it breaks and close above 432 for 3 consecutive days + weekly closing will see upside movement till 455 +++ levels in coming days. Support and stop loss below 412 on a closing basis. GODFRYPHLP Currently 2 % up from previous closing and stock is on a verge of reversal. Grab it above...
MONEYCONTROL • Tata Motors: December sales dropped 13.8 percent to 46,903 vehicles against 54,439 units during December 2018. • Eicher Motors: VECV December sales dipped 19.1 percent to 5,042 units against 6,236 units during December 2018. • JBM Auto: The merger of JBM Auto System and JBM MA Automotive with the company is effective on January 1. • Dhanlaxmi Bank: CARE reaffirmed ratings of the...
Indian equity benchmarks ended flat on the first trading day of the calendar year. The S&P BSE Sensex rose 0.13 percent or 52 points to end at 41,306.02 and the NSE Nifty 50 rose 0.12 percent or 14 points to close at 12,182.50. The broader markets represented by the NSE Nifty 500 Index rose 0.16 percent. The market breadth was tilted in favour of buyers. About 1,017 stocks advanced and 735 shares declined on NSE. Six out...
MONEYCONTROL • The board of Piramal Enterprises approved the issue of secured, rated, unlisted, redeemable non-convertible debentures (NCDs) aggregating up to Rs 2,750 crore on a private placement basis. • Oricon Enterprises has prepaid the term loan of Rs 300 crore to Indiabulls Housing Finance. • Urja Global's chief financial officer Sakshi Gupta resigned with effect from December 26, 2019....
MONEYCONTROL • Allahabad Bank: Government released a fresh capital infusion fund of Rs 2,153 crore for the bank. • Hindustan Aeronautics: CARE cut the company's long-term rating to AA+ from AAA. • Bharat Forge: Company incorporation its wholly-owned subsidiary in Indapur by the name Kalyani Centre for Precision Technology Limited. • Biocon: Company incorporated a wholly-owned subsidiary Biocon...
MONEYCONTROL • IDBI Bank: CARE has assigned the rating of 'CARE A+/ Stable' for Basel III compliant Tier II Bonds & 'CARE A1+' for Certificate of Deposit. • Federal Bank: The bank's board has approved an investment of Rs 22 lakh in Kerala lnfrastructure Fund Management Ltd. (KIFML) which is more than 5 percent of the paid-up capital of KIFML. • Apollo Pipes: The company said Ramesh Chandra Jindal has resigned as...
