α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø Fiscal deficit to touch 7% in FY21, says Brickwork Ratings, as revenue collection hit by lockdown

Ø HCL's US arm faces patent infringement claim

Ø Banks told to refund fees for UPI transactions

Ø Nestle says consumer behaviour changing

Ø Lenders hope their loans will be repaid in full after Reliance-Future Group deal

Ø GAIL India looks at petrochemicals, renewables for growth

Ø Refund charges imposed on e-payments since Jan this year: CBDT to banks

Ø Farm sector sees spike in private investment after reforms: Agri secy

Ø Second blow for BoB as RBI rejects plan to send Anil Ambani firms to NCLT

Ø Amazon to stick on as Future Enterprises' shareholder after Reliance deal

Ø Telecom sector revenue expected to rise 15% in FY21 on higher ARPU: COAI

Business Line

Mint

Ø RBI rejects lenders’ plea to put Reliance Home Finance, Reliance Commercial under NCLT resolution

Ø Massive data breach reported at Paytm Mall

Ø WTO dispute on ICT products: India claims EU, Taiwan violating due procedures on dispute panellists

Ø Reliance Capital defaults on interest payments to HDFC, Axis Bank

Ø FPIs remain positive on Indian markets; invest ₹47,334 crore in August so far

Ø ABB Power increases open offer price marginally after investor complaints

Ø ESAF Small Finance Bank to take call on ₹976-crore IPO after Sept: MD

Financial Express

Deccan Chronicle

Ø India, ASEAN trade ministers call for starting discussions to determine FTA review scope

Ø Probe Chinese investments in 141 prominent Indian startups: CAIT asks Piyush Goyal

Ø Boat Lifestyle eyes Rs 1,000 cr revenue in FY24

Ø COAI predicts 14-15% increase in Telecom Industry’s revenues

Ø ED raids firms running Chinese betting apps, freezes bank accounts

Ø Pandemic gives fillip to demand for cereals; 200 per cent rise in exports in July.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

https://www.visualcapitalist.com/cost-of-mobile-data-worldwide/
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

https://www.livemint.com/market/stock-market-news/new-margin-pledge-system-sebi-to-again-meet-brokers-depositories-on-monday-11598606886151.html
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

#banknifty up 10% only in last 5 Days.

#nifty #banknifty ratio mismatch, hence banknifty covering up.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

#VODAFONE #IDEA LTD ON charts
https://invst.ly/ryguj

with rumor of data prices to rise stocks having momemtum.
update for educational purpose only.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Rollover Highlights for Nifty, Banknifty and Marketwide:
• The Nifty Aug expiry rollover is at 79.92% on Thursday compared to 77.59% on same day of previous expiry.
• The Banknifty Aug expiry rollover is at 77.91% on Thursday compared to 75.3% on same day of previous expiry.
• The Market wide Aug expiry rollover is at 89.03% on Thursday as compared to 91.67% on same day of previous expiry.
• The Nifty Aug rollover is higher than its Three months average of 77.4% and its six months average of 73.88%.
• The Banknifty Aug rollover is lower than its Three months average of 79.01% and higher than its six months average of 74.81%.
• The market wide rollover is lower than its three months average of 89.92% and at par with its six months average of 88.88%.


Stock Highlights:
• IDEA, GODREJCP, POWERGRID, DLF and ONGC saw higher rollovers compared to same day of previous expiry.
• PAGEIND, PNB, VEDL, FEDERALBNK and SAIL saw lower rollovers compared to same day of previous expiry.
• Higher percentage rollover in current expiry: PAGEIND, GODREJCP, MRF, NESTLEIND and ACC.
• Lower percentage rollover in current expiry: ASHOKLEY, PNB, VEDL, FEDERALBNK and SAIL.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Stocks excluded from F&O effective today
Century Textiles
Ujjivan Financial
Equitas Holdings
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø G-20 goods trade decline to lowest since 2009

Ø Initiate guarantor insolvency: Govt to PSBs

Ø Infra-focused stimulus key to recovery: EY

Ø Walmart joins Microsoft in pursuit of deal to acquire TikTok

Ø India-ASEAN can resolve differences, take trade to $300 billion: Piyush Goyal

Ø Expecting moderate growth in subscription revenue, ad revenue may fall in FY21: ZEEL



Ø RBI still has enough firepower left to handle the situation: Governor Das

Ø India fuel demand headed for 5-year low as truck operators idle vehicles

Ø Sebi directs PMS providers to share commission details with clients

Ø GMR Infra to demerge energy, transport businesses; list airports separately

Ø Steel firms set to raise prices from Sept on higher costs, global prices

Business Line



Mint

Ø CII tells Centre to put on hold liquidity infusion to AP discoms

Ø Himatsingka Seide posts ₹140-cr loss in Q1

Ø Covid-19: NMDC’s net plunges 55% at ₹533 crore in Q1; production takes a hit

Ø Zydus Wellness approves ₹1,100-crore fund-raising

Ø Covid-19: FDA gives emergency approval to Abbott’s $5 test



Ø PAG to buy 51% stake in Edelweiss Wealth Management with ₹2,200 cr investment

Ø Hindustan Syringes to scale up production to 1 bn to meet covid vaccine demand

Ø E-commerce retail market expected to cross $100-billion mark by 2024

Ø COVID-19 impact: 'Economy may contract', FM Sitharaman says during GST meet

Financial Express



Deccan Chronicle

Ø Piyush Goyal launches national GIS-enabled land bank system

Ø SBI chief Rajnish Kumar hopes for lesser number of debt recast requests from corporates

Ø Realty sector to witness up to 60% decline in residential sales volume in FY21: Icra



Ø Delhi High Court stays insolvency resolution proceedings against Anil Ambani

Ø India needs to create 90 million jobs by 2030 to avoid economic stagnation

Ø Government to forego Rs 46,000 crore of interest on delayed GST payment
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Pranam,

Nifty from 7500 to 11500 ,
Expiry to expiry
Week on week
Month on month

Index pe at all time top.

Thanks to expensive stocks getting even more expensive.

That's all liquidity driven all about.

When central banks are in action liquidity to flow.

RBI n SEBI alerting investors
Don't be abhimanyu of Stock Markets.

A video on same is awaited soon on our YouTube channel.

Jai Ho,

Jai Hind
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

27/8/2020
BSE:+39(39113)
NSE:+9(11559)
MID:+1(15155)
SML:+52(15025)
FII|FPI:+1164Cr
DII:-809Cr
B.Crude: 45
Gold$:1939=INR:51352
Silver: 66644
$/Rs: 73.81
5.79 : 2030 G-Sec: 6.14
NSE PE: 32.67
Join @AlliesFin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

The third turning point in his life came in 1970, when research on the liver began this year and he identified one such liver artery during surgery. ..... which made liver transplantation easier.

His remarks astonished the great minds of medical science.

Today, when a person has a liver operation in some corner of the world and the patient opens his eyes and sees the light the reward for this successful operation goes directly to "Hamilton".

"Hamilton" achieved this position with sincerity and perseverance. He was associated with the University of Cape Town for 50 years, in those 50 years he never took a vacation.
He would leave home at three o'clock at night, walk 14 miles to the university, and he would enter the theatre at exactly six o'clock. People used to fix their watches with his time.

He received an honour that no one in medical science has ever received.

He was the first illiterate teacher of medical history.
He was the first illiterate surgeon to train 30,000 surgeons in his lifetime.
He died in 2005 and was buried at the university and
It was then made compulsory for surgeons to pass out from the university after obtaining that degree go to his grave, take a picture and then get into practical life .... ”

"You know how he got this position."

"Only one yes."

The day he was called to the operating theatre to grab the giraffe's neck if he had refused that day, if he had said that day, I am a Grounds Maintenance Worker, my job is not to hold the giraffe's neck

It was a yes and an extra eight hours of hard work that opened the door to success for him and he became a surgeon.

"Most of us have been looking for a job all our lives. While we must find work. "

Every job in the world has one criteria and job is available only to those who meet the criteria while if you wanted to do work, you could start any work in the world in a few minutes and no power in the world would be able to stop you.

"Hamilton" had found the secret, he gave important to work rather than job. Thus it changed the history of medical science.

Imagine if he applied for a surgeon's job could he have become a surgeon? Never, but he put the hoe down and hold the giraffe's neck and became surgeon.

There are unemployed people fail because they just look for a job, not for a work.
The day you started working like "Hamilton" you will win the Nobel Prize and will become great and successful human beings.


MAKE A GREAT DAY
#reading #weekday #wisdom #axitdshah
#thursday #education #sharencare
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

@ALLIESFIN

Cape Town's uneducated surgeon Mr. Hamilton, who was awarded the honorary degree of Master of Medicine who could neither read nor write let's see how this is possible.
Cape Town Medical University has a leading position in the medical world.
The world's first bypass operation took place at the same university.

Master of Medicine awarded the honorary degree of who has never seen the face of school in his life.
Who could read an English word and could not write .....

But one morning in 2003, world-renowned surgeon Professor David Dent announced in the university auditorium: "Today we are awarding an honorary degree in medicine to the man who produced the most surgeons in the world." Who is an extraordinary teacher, and an amazing surgeon, and who studied medical science and surprised the human mind.

With this announcement, the professor took the name "Hamilton" and the entire auditorium stood and greeted the cross.

It was the biggest reception in the history of this university.

Hamilton was born in Sanitani, a remote village in Cape Town. His parents were shepherds, he wore goat skin, and he walked in the mountains barefoot all day, as a child, his father fell ill, so he left the sheep and goats and moved to Cape Town. Construction was underway at the University of Cape Town in those days.
He joined the university as a labourer. He would send home as much money as he could get after a hard day's work and he used to sleep in the open ground by chewing gram himself.
He worked as a laborer for many years. The construction process ended

He got the job of mowing the tennis court, ........
He arrives at the tennis court every day and starts mowing the lawn. ......

He did this for three years ...
Then came a strange turn in his life
And
He reached a point in medical science where no one else has ever been.

It was a mild, warm morning. "Professor Robert Joyce, researching giraffes, wanted to see:

"When a giraffe bends its neck to drink water, why doesn't it have a seizure?"

They laid a giraffe on the operating table, knocked him unconscious, but as soon as the operation started, the giraffe shook its head. So they needed a strong man to keep the giraffe's neck tight during the operation.

The professor came out of the theatre, 'Hamilton' was mowing the lawn in front, the professor saw that he was a healthy young man of strong stature. They beckoned him and ordered him to grab the giraffe's neck. "Hamilton" grabbed his neck.

The operation lasted eight hours. During this time, the doctor continued to take tea and coffee breaks, however "Hamilton" he stood holding the giraffe's neck. When the operation was over, he quietly went out and started mowing the lawn.

The next day the professor called him again, he came and grabbed the giraffe's neck and stood up, after which it became his routine. , He worked double for many months,
And he demanded some additional compensation for this duty and nor did he complain.

Professor Robert Joyce was impressed by his perseverance and sincerity and "Hamilton" is promoted from a mowing the tennis court to "lab assistant." He now came to the university, went to the operating theatre and helped the surgeons. This process continued for years.

In 1958 came another turning point in his life. This year Dr. Bernard came to the university and started heart transplant operations.

"Hamilton" became his assistant, during these operations, he went from assistant to additional surgeon.

Now the doctors operate and after the operation, he was given the task of stitching. He used to do excellent stitches. His fingers were clean and fast. He stitched fifty people in one day. While working in the operating theatre, he began to understand the human body more than surgeons . So the senior doctors gave him the responsibility of teaching the junior doctors.

He now began teaching surgery techniques to junior doctors. He gradually became the most important figure in the university. He was unfamiliar with the terms of medical science. But he was the best surgeon in the world.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Seventeen lakh Abhimanyus have entered chakravyuh, will they Survive?
@AlliesFin

SEBI chief recently expressed his concern over 23 Lakh new demat accounts opened in April/May 2020 and increased stock trading by investors. In Mahabharat, the youngest warrior Abhimanyu got killed attempting to break the chakravyuh. He knew how to enter the Chakravyuha but knew nothing about how to come out of it. Traders (Abhimanyus) enter Chakravyuh with feeling that short term share price movements can be spotted and traded correctly to earn profit, actually it isn't doable. As per Harvard , actual or anticipated financial gains releases pleasure chemical ‘Dopamine’ in the brain. Similar brain activity happens when you consume Cocaine. Pleasure seeking brain ultimately becomes addictive. Trading activity then increases manifold and in one large adverse movement, the trader loses his shirt.

Remember –Out of 40 Lakh Mahabharat warriors, only 4 knew how to enter and exit Chakravyuh successfully ! So try to understand what SEBI chief is worried about. His inability to protect new Abhimanyus !.
Fwds #alliesfin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

e House and congressional Democrats remain deadlocked on a new coronavirus aid package.*

A falling trend in the number of new coronavirus infections in the U.S. and optimism over prospects for a vaccine and other COVID-19 treatments have been credited with pushing stocks to new highs, but analysts said equities might struggle to extend the rise without fresh impetus. Some fear that investors are nearing a “euphoria” stage that could herald a near-term pullback.

Carlos Diez, founder and CEO of MarketGrader, agreed with that sentiment. “There’s a lot of euphoria around the large cap names and that gives me a little bit of pause about what might happen in the near term,” Diez told MarketWatch.
Still, he said, “We have one of the biggest tailwinds in the history which is the massive, massive monetary stimulus globally. It’s hard to argue against risk assets when there’s so much liquidity sloshing around. Over the next six to nine months I don’t expect a major downturn.”

Unlike some market participants, Diez doesn’t think another round of fiscal stimulus is needed — or priced in. “I think investors are probably starting to worry a little bit about the fiscal situation and what happens after all this is over.”

*Energy was the biggest percentage loser among S&P 500 sectors, dropping 2.2% as Hurricane Laura bore down on the Texas-Louisiana coastline, posing the largest threat to U.S. energy assets since 2005’s Hurricane Katrina. The coming storm, now a Category 4, prompted crude producers and refiners to shut down their facilities.*

*Apple Inc.* shares rose 1.4% after a price target increase to $600, the highest among Wall Street analysts and a nearly 20% gain from current trading levels.

Shares of *Tesla Inc.* pushed past the $2,150 mark, up 6.4%, after a price target upgrade, to $2,500.

Shares of *Netflix* rose 11.6% higher, near its highest level since July 10 and on track for its best one-day percentage gain since January of 2019.

Shares of *Moderna Inc.* gained 6.4% on Wednesday after a company executive told a government advisory committee that its experimental COVID-19 vaccine had triggered antibodies in elderly patients.

*Hewlett Packard* Enterprise Co. shares rose 3.6% one day after reporting earnings that beat expectations.

Apparel retailer *Nordstrom Inc* tumbled 5.5% following its bigger-than-expected quarterly losses after being forced by mandated lockdowns to shutter its stores.

Volume on U.S. exchanges was 8.55 billion shares, compared with the 9.42 billion average over the last 20 trading days.

*Elsewhere, soybean futures climbed to a seven-month high in Chicago after people familiar with the matter said China is set to buy a record amount from America this year.*

*Here are some key events coming up:*
• The U.S. Republican National Convention runs this week.
• The Bank of Korea sets monetary policy and will hold a briefing on Thursday.
• Fed Chair Powell speaks at an event on Thursday.

*Currencies*
• The Bloomberg Dollar Spot Index declined 0.2% to 1,169.69, the lowest in more than a week.
• The euro decreased 0.1% to $1.1827.
• The Japanese yen strengthened 0.4% to 106 per dollar, the largest rise in more than a week.

*Bonds*
• The yield on 10-year Treasuries climbed one basis point to 0.69%, the highest in more than a week.
• Germany’s 10-year yield increased two basis points to -0.42%, the highest in almost two weeks.
• Britain’s 10-year yield gained four basis points to 0.302%, the highest in 11 weeks.

*Commodities*
• West Texas Intermediate crude climbed 0.1% to $43.38 a barrel, the highest in almost six months.
• Gold strengthened 1.2% to $1,952.28 an ounce, the highest in more than a week on the biggest climb in more than a week.
• Copper rose 1.2% to $2.99 a pound, the largest advance in a week.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Very Good Morning!!!*
*US Markets in Detail...*

Sensex: 39,074: +230: +0.59%
Nifty: 11,550: +77: +0.67%
Dow: 28,332: +83: +0.30%
S&P: 3,479: +35: +1.02%
Nas: 11,665: +199: +1.73%
Brazil: 100,627 (-1,490) (-1.46%)
Ftse: 6,046: +9: +0.14%
Dax: 13,190: +129: +0.98%
Cac: 5,048: +40: +0.80%
WTI Oil: $43.41: +0.14%
Brnt: $45.79 (-0.15%)
Gold: $1963: +39: +2.05%
Silver: $27.8: +5.18%
Copper: $299.4: +1.37%
Eur-$: 1.1833
GBP-$: 1.3209
$-Jpy: 105.98
Re: 74.30 (-0.03%)
US10yr: 0.69%
GIND10YR: 6.203: +0.75%
$ Index: 92.8910 (-0.14%)
Vix: 23.27: +5.63%
BalticDry: 1,518: +27: +1.81%

*ADR/GDR*

Cogni: +1.21%
Infy: +0.55%
Wit ()
IciciBk (-1.40%)
HdfcBk (-0.74%)
DrRdy (-0.07%)
TataMot: +11.30%
Vedanta: +0.29%
TatSt: +0.36%
Axis: +2.77%
SBI: +1.08%
RIGD: +2.47%
INDA: +0.65% (IShares MSCI INDIA ETF)
INDY: +0.46% (IShares MSCI INDIA 50 ETF)
EPI: +1.02% (Wisdom Tree India Earning)

*S&P 500 and Nasdaq end at fresh records as Amazon, Netflix and Tesla stocks soar: Salesforce.com Inc. shares surged 26% after results top forecasts, helping to amplify fervor for tech companies. The dollar weakened and gold appreciated.*

*Stocks ended sharply higher Wednesday, powered by shares of technology and e-commerce shares, amid news of progress on coronavirus vaccine trials and expectations for the Federal Reserve to signal it will keep monetary policy easy in a speech by Chairman Jerome Powell on Thursday.*

The S&P 500 scored its 18th record close of the year (its fourth straight record closing high) and the Nasdaq marked its 39th all-time closing high of 2020 compared with a total of 31 reached in all of 2019. Meanwhile, the Dow closed within 1% of going positive for the year after the coronavirus-induced turbulence in March. The blue-chip benchmark also stands 4.1% from its Feb. 12 record closing high at 29,551.41. Wednesday’s gains put the S&P 500 up more than 58% since hitting an intraday low on March 23. The Nasdaq has soared by 75% in that time period.

But “if you cut through it all, this rally has really been about five or six stocks. It seems to create a bit of a smokescreen as far as what’s really happening below the surface.

Technology-related names surged Wednesday, powered primarily by Tesla Inc., Amazon.com and Netflix, extending a stratospheric run-up for large-cap tech and online-based companies.

There’s this confidence that regardless of what happens with COVID, these companies have proven that they’re open for business.

*In U.S. economic data, orders for durable goods rose 11.2% in July indicating factories will help support the economic rebound in coming months, again helped by a 22% surge in automobile demand. Economists surveyed by MarketWatch were looking for a 4.8% rise after a 7.6% jump in June.*

Shares of Salesforce.com Inc. surged nearly 26%, also helping to underpin appetite for the tech names after the cloud-based customer-relationship-management company announced quarterly results late Tuesday that topped forecasts as its revenues hit $5 billion for the first time. The company also was benefiting from Monday’s announcement by S&P Dow Jones Indices that it would be among a trio of companies to be included in the Dow, effective Monday.

*The rally for equities comes ahead of a potentially market-moving speech from Powell, who will deliver a webcast address to the annual Jackson Hole gathering of central banks Thursday morning. He’s expected to outline changes to the Fed’s policy framework that would allow inflation to run hotter than in the past, ending the Fed practice of hiking interest rates at the first whiff of rising price pressures.*

*However, it is too soon to know what additional steps the Federal Reserve can take to help the economy continue to recover from the sudden lock down in March and April, said Kansas City Fed President Esther George on Wednesday.*

*Investors may also be looking for clues to the potential for additional action by the Fed in terms of monetary stimulus, particularly if the Whit
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times
 
Business Standard

Ø  Govt debt set to hit historic high of 91% of GDP
Ø  India needs USD 50 billion investment to build airport assets over 2 decades: Report
Ø  RBI surplus transfer lowest in 7 yrs: Garg
Ø  Telecom subscriber base falls to 116.3 cr
Ø  India may impose anti-dumping duty on Choline Chloride imports from China, Malaysia, Vietnam
Ø  Indians' disposable income growth stagnates

 
Ø  ICICI Bank will offload 2% in ICICI Securities to attain 25% public holding
Ø  BoI plans to raise up to Rs 8,000 cr in tier-I and tier-II capital
Ø  CCI approves Carlyle Group's stake acquisition in Airtel's data centre biz
Ø  ArcelorMittal SA declares force majeure after blast furnace breakdown
Ø  India-China spat starting to impact domestic unicorns, Chinese investors
Business Line
 
Mint
Ø  NTPC ties up with Greenko to offer Round the Clock renewable energy
Ø  Interest to be paid on net GST with effect from September 1
Ø  Reliance Industries appoints former Indian Oil CMD as Group President
Ø  BPCL to spend ₹16,500 crore as Capex and Opex by March
Ø  Coal India awards ₹2,900 cr contract to Belarus-based Belaz
 
Ø  Maharashtra government slashes stamp duty to boost real estate sector
Ø  Punjab and Sind Bank declares DHFL loan account as fraud
Ø  PFRDA appoints ombudsman to resolve grievances for NPS, APY
Ø  Govt looks to mop up ₹5,020 crore through stake sale in HAL
Ø  Mahindra inks pacts with Israeli firm to develop electric commercial vehicles
Financial Express
 
Deccan Chronicle
Ø  China’s Alibaba Group puts India investment plan on hold amid tensions: Sources
Ø  Cotton spinners’ revenue to fall 30-35 pc in FY21 on tepid demand: Crisil
Ø  New govt employment in June down 60% from FY20 level
 
Ø  Sensex ends above 39,000 for first time in 6 months, Nifty crosses 11,500-mark
Ø  Ex-RBI governor D Subbarao backs setting up of a bad bank to tackle rise in NPAs
Ø  Gujarat tops Export Preparedness Index 2020, Maharashtra ranks second
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Securities in Ban For Trade Date 27-AUG-2020 #Tomorrow

1. ASHOKLEY
2. BHEL
3. CANBK
4. GMRINFRA
5. IBULHSGFIN
6. IDEA
7. LICHSGFIN
8. PNB
9. SAIL
10. VEDL
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

26/8/2020
BSE:+230(39073)
NSE:+77(11549)
MID:+56(15153)
SML:+101(14973)
FII|FPI:+1581Cr
DII:-1194Cr
B.Crude: 45
Gold$:1916=INR:50910
Silver: 64101
$/Rs: 74.50
5.79 : 2030 G-Sec: 6.20
NSE PE: 32.64
Join @AlliesFin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

ONLY #RELIANCE NEAR TO 2151.
MAKE OR BREAK LEVEL WAS 2070.
RELIANCE MADE IT, RELIANCE DID IT.
#PROFIT #BOOKING IS #ART AND PART OF #LIFE.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Securities in Ban For Trade Date 26-AUG-2020:
ASHOKLEY
BHEL
CANBANK
GMRINFRA
IDEA
LICHSHFIN
NATIONALUM
PNB
SAIL
VEDL
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

#RELIANCE NEAR MAKE OR BREAK LEVELS 2070
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TYRES STOCKS IN ACTION
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Economic Times



Business Standard

Ø US consumer confidence fades further in Aug

Ø Difficult to accurately assess economic impact of COVID-19: RBI

Ø India plans deep cut in thermal coal imports

Ø Banks need to shed risk aversion, says RBI

Ø Cement demand up as rural segment recovers

Ø DLF to develop 10 million sq ft of middle-income housing

Ø India's crude steel output falls over 24 pc in July, global production shrinks 2.5 pc: worldsteel



Ø Govt to spend Rs 1.2 trn on oil, gas exploration and refineries in FY21

Ø Management of foodgrain surplus key challenge for India: RBI report

Ø Sebi slaps Rs 50 lakh fine on NSE for change in compensation policy

Ø PNB makes first recovery of Rs 24 cr in Nirav Modi fraud case in US

Ø Pharmacy consolidation may disrupt domestic drug market: Credit Suisse

Ø Tata Motors group says will cut consolidated debt to zero in 3 years

Business Line



Mint

Ø Ramco Sytems bags multi-million dollar deal in Malaysia

Ø Crude oil output down 10%, natural gas down 5% in July

Ø Domestic oil and gas industry resumes work on projects worth ₹ 5.88 lakh crore

Ø JSW Group to jointly market steel, cement

Ø Sun Pharma subsidiary resolves US investigation on product promotion

Ø CanFin Homes’ Q1 profit up 15.02%



Ø Greenko and NTPC to partner for supplying on-demand green energy

Ø TVS Automobile Solutions and Google tie up to digitise auto aftermarket

Ø Air India bidding deadline extended again to 30 October due to covid-19

Ø Moody's downgrades SBI's standalone profile on asset quality concerns

Ø NCDEX to relaunch futures contract of til on Aug 26

Financial Express



Deccan Chronicle

Ø TERI proposes Rs 40-lakh crore Green Stimulus to revive growth, jobs

Ø Clear exit strategy, credible milestones needed for fiscal consolidation, says RBI

Ø Germany economy’s 2nd-quarter decline revised to below 10 per cent

Ø Credit Suisse to shut 37 bank branches in Switzerland



Ø Some states may cut stamp duty rates to push realty sales: Anarock

Ø Kalyan Jewellers files prospectus for Rs 1750 crore IPO

Ø Interpol issues global arrest warrant against fraudster Nirav Modi's wife Ami
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Lockdown Teji*
*March 23 vs Aug 23*
share price Returns


GMM Pfaudler 342%
Tata Comm 333%
Suven Pharma 289%
Laurus Labs 276%
Dixon Technolog. 274%
Essel Propack 272%
Jindal Steel 260%
Jubilant Life 260%
Indiamart Inter 240%
KIOCL 228%
Vodafone Idea 227%
Navin Fluo.Intl. 216%
ITI 213%
Glenmark Pharma. 193%
Indiabulls Vent. 183%
Bombay Burmah 172%
NIIT Tech. 169%
Escorts 166%
Emami 154%
Deepak Nitrite 153%
Indiabulls Hous. 150%
Syngene Intl. 140%
Ipca Labs. 137%
ICICI Securities 136%
Bharat Forge 136%
Tube Investments 133%
Tata Power Co 129%
Alembic Pharma 129%
Coromandel Inter 128%
Adani Gas 116%
I R C T C 115%
Multi Comm.X 112%
B H E L 112%
Amara Raja Batt. 111%
S A I L 111%
Manappuram Fin 110%
Hexaware Tech 107%
Hatsun Agro . 107%
Ashok Leyland 106%
Astrazeneca Phar 105%
Balkrishna Inds 102%
Adani Enterp 101%
Bharat Electron 100%
Max Financial 99%
Oracle Fin.Serv. 99%
Gujarat Gas 98%
AU Small F Bank 98%
Bayer Crop Sci 98%
Mphasis 96%
Cholaman.Inv.&Fn 94%
CreditAcc. Gram. 93%
Dalmia Bharat 91%
J K Cements 91%
I O B 89%
TVS Motor Co. 89%
Natco Pharma 88%
Sumitomo Chemi. 88%
Prestige Estates 87%
Sundram Fasten 87%
Godrej Agrovet 86%
Endurance Tech. 85%
Jubilant Food. 83%
Sun TV Network 83%
RBL Bank 81%
Ajanta Pharma 80%

For educational purpose only.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*INSTL. INVESTORS EQUITY DERIVATIVES TRADES AS ON : 25-08-2020 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +181 *

*INDEX FUT. :* *-144*

*INDEX OPT. :* *+508*

*STOCK FUT. :* *-327*

*STOCK OPT. :* *+144*

*SEC. IN F&O BAN For Trade Date 26-AUG-2020 :*

*1. ASHOKLEY 2. BHEL 3. CANBANK 4. GMRINFRA 5. IDEA 6. LICHSHFIN 7. NATIONALUM 8. PNB 9. SAIL 10. VEDL*

*New Added : CANBANK, LICHSHFIN*

*New Exit - ADANIENT*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 25-AUG-20 :*

*FIIS : BUY +1481 (5641-4159)*

*DIIS : SELL -173 (3913-4086)*

*BSE SENSEX :* *+45* *(38,844)*

*NSE NIFTY :* *+06 (11,472)*

*BSE MIDCAP. :* *+77* *(15,096)*

*BSE SMLCAP. :* *+16* *(14,871)*

*B. CRUDE* : *$ 45.48*

*GOLD : $ 1930=INR.52,500 (10gr)*

*SILVER :* *RS. 65,500 (kg)*

*FOREX : RS. : $ 74.32 *

*5.77% NEW10YR. '30 : 6.1291% (97.3525)*

*5.79% GOI '30: 6.1580% (97.33)*

*6.45% GOI '29 : 6.2522% (101.35)*
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Food inflation expected to soften in second half of the current fiscal, says Crisil

Ø Telcos should clear AGR dues: DoT

Ø States stare at uncovered losses of up to Rs 3.1 lakh crore in FY21: SBI report

Ø Kishor Biyani averts a rating downgrade, Future Retail pays Rs 100 crore interest on bonds

Ø Adani Group in talks to buy out GVK and some partners in Mumbai Airport



Ø India, Nepal to expand energy cooperation, explore new pipeline

Ø Gadkari calls for modernising public transport, increasing use of biofuels

Ø Germany plans to generate 'green bonds' worth up to $13 billion this year

Ø Japan's Takeda Pharma sells drugs subsidiary to US Blackstone fund

Ø Singapore's core inflation gauge hits lowest in over a decade due to Covid

Ø ICICI Lombard and Bharti AXA to merge non-life insurance business

Business Line



Mint

Ø ‘India must guard dairy, farm sector in trade pact with US’

Ø RBI should ensure MSMEs get ₹3-lakh-crore more loans at 3.5-4 per cent: Study

Ø Farm profit to rise 3-5% this kharif

Ø MRPL processes Angola, US crudes in 2019-20

Ø ‘Vehicle documents that expired on Feb 1 to be valid till Dec-end’



Ø Allcargo Logistics’ promoters propose intention to delist company's shares

Ø DRDO indentifies list of 108 components that will be designed by Indian industry

Ø Highway traffic returns to 90% of pre-covid levels: ICRA

Ø GST reduced tax rates, doubled taxpayer base to 1.24 crore: Finance Ministry

Ø NIIT Technologies rebranded as Coforge Ltd

Financial Express



Deccan Chronicle

Ø Govt, RBI need to share cost of maintaining UPI infrastructure: Report

Ø PNB expects to restructure loans worth Rs 40,000 crore

Ø Govt considering to permit FDI for LLPs in construction development



Ø Railways cancels tender for private trains after bidders reveal prices
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

@ALLIESFIN

SGX Nifty +10 pts (11488) from last trade 11478 ,


Nikkei +304 pts ,
Hangseng +35 pts ,
Now @6.52am .


Dow +378.13 pts ,Nsdq +67.92 pts, S&P +34.12 pts , Bovespa +776 pts , Ftse +102 pts , Dax +301 pts , Cac +111 pts , Crude @ $42.51 brl (-0.11), Brent @ $45.13 brl (+0.00) , Gold @ 1936.40 (-2.79), Silver @ $26.68 (+0.07), Euro @ $1.1789, JPY @ $106.03, INR @ 74.175




Today's Corporate Action
25th Aug Ex Date


BANARISUG
Dividend - Rs. - 10.0000
POLYPLEX*
Dividend - Rs. - 6.0000




Today's Key Results
25-Aug-20


ADHUNIKIND
ADVENT
AHLWEST
ALPA
AMARSEC
ANJANI
ARAVALIS
AREYDRG
ARSHIYA
ATULAUTO
AVTIL
BCLENTERPR
BIOFILCHEM
BLFL
CANFINHOME
CHOKSILA
CITL
CUBIFIN
DHANADACO
DYNAMIND
EKC
FMGOETZE
FUNDVISER
GALAGEX
GGDANDE
GOODLUCK
GTEIT
GTL
GYTRIPA
HINDHARD
IECEDU
INANISEC
INDOKEM
INDTONER
IRCON
ISHWATR
JYOTIRES
KDDL
KECL
LINCPENQ
MADHAVIPL
MORGAN
MPILCORPL
NATPEROX
NATURAL
OMKAR
OXFORDIN
PANACHE
PARENTLD
PBAINFRA
PGHH
PHILIPCARB
POPULARES
PQIF
RAPICUT
RBGUPTA
REFNOL
RPEL
RUCHIRA
SCANPGEOM
SGL
SGNTE
SHAMROIN
SHREEPAC
SODFC
SOMATEX
SURBHIN
TFL
TROMBOEXT
UMESLTD
UNIDT
UPSURGE
VICTORYPP
YANTRA
YASHMGM
ZKHATAUE
ZODJRDMKJ




Stock under F&O ban on NSE
25-Aug-20


1 ADANIENT
2 BHEL
3 NATIONALUM
4 PNB
5 IDEA
6 GMRINFRA
7 SAIL
8 ASHOKLEY
9 VEDL
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EICHER MOTORS TRADING EX SPLIT TODAY
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

 

Business Standard

Ø  Remove colas from sin tax: IBA writes to FM

Ø  Digital payments market likely to grow 3-folds

Ø  Airlines need large sums to stay afloot: CAPA

Ø  APM Terminals Pipavav's board approves Rs 700 cr expansion plan

Ø  Norms framed for 'rules of origin' under FTAs

Ø  GST: CBIC makes virtual hearing mandatory

Ø  Company incorporations hit 7-year high of 16,487 in July: MCA

 

Ø  Critical road infra to place India on par with US, UK in 2 years: Gadkari

Ø  SBI, PNB, BoB may go for share sale in FY21 to shore up capital: Report

Ø  Aramco sets up corporate development organisation to optimise portfolio

Ø  Jindal Aluminium increasing focus on defence, aerospace segments: MD

Ø  Govt asks RINL, POSCO to form joint working group for AP steel project

Business Line

 

Mint

Ø  Adani Ports set to get more time to complete Vizhinjam port project

Ø  Adanis close to acquiring GVK’s 51% in Mumbai International Airport

Ø  CPCL to commission projects worth ₹2,208-cr this fiscal

Ø  Centre to hire Deloitte, SBI Capital to help LIC prepare for IPO

Ø  Chemists and druggists body calls for boycott of e-pharmacy biz 

 

Ø  India-US trade pact in focus ahead of US presidential polls

Ø  VC interest in startups declines in April-June

Ø  Equity markets under a spell of irrational exuberance

Ø  69 firms allotted land near Jewar airport, Rs. 2,300 cr investment expected

Ø  Motherson Sumi aims to triple sales in 5 years

Ø  Lenders turn cautious on fresh credit guarantees

Financial Express

 

Deccan Chronicle

Ø  Don’t read too much into green shoots, it’s a mechanical rebound: Subbarao

Ø  India needs to look at ESG factors to attract major FDI investment: Mukesh Aghi

Ø  COVID-19 has led to revival of technology, expertise: Infosys co-founder Nandan Nilekani

 

 

Ø  Power ministry advises telcos to cap late payment surcharge at 12%

Ø  YES Bank signs deal to sell two subsidiaries to Prashant Khemka's GPL Finance

Ø  Companies saved at least 25% on wage bill last year

Ø  Online higher education tipped to grow ten-fold post-Covid, NEP
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*SGX Nifty +17 pts (11400) from last trade 11383 ,*


Nikkei +31 pts ,
Hangseng +239 pts ,
Now @6.55am .


Dow +190.60 pts ,Nsdq +46.85 pts, S&P +11.65 pts , Bovespa +53 pts , Ftse -11 pts , Dax -65 pts , Cac -14 pts , Crude @ $42.47 brl (+0.15), Brent @ $44.46 brl (+0.11) , Gold @ 1944.00 (-3.00), Silver @ $26.72 (+0.00), Euro @ $1.1803, JPY @ $105.82, INR @ 74.925




*Today's Corporate Action*
*24th Aug Ex Date*



DOLLAR
Dividend - Rs. - 1.7000
SHIL
Dividend - Rs. - 0.1500




*Today's Key Results*
*24-Aug-20*



ABMKNO
ALBERTDA
AMFORG
APMIN
ARROWGREEN
ASIAPAK
BAJRFIN
BLBLIMITED
COSMOFE
DUGARHOU
DUROPLY
GENUSPRIME
GLOBUSSPR
GROVY
GUJCONT
HIMGRANI
HITECHCORP
INDRAMEDCO
INGERRAND
IRB
KKFIN
LEADFIN
LICHSGFIN
LPDC
MACKINN
MOHITPPR
NBFOOT
NOCIL
NORRIS
PARABDRUGS
PERMAGN
POLYCHMP
PRABHAVIN
REGENTRP
REMIEDEL
REMIPRO
REMITR
RISHIROOP
SANGUI
SCHABLON
SCOOTER
SHRAJSYNQ
SKCIL
SUZLON
TRABI
TRIUMPIN
TTIENT
UNRYLMA
VERTEX
VINTRON
VIVIDIND
WELTI
WOODSVILA




*Stock under F&O ban on NSE*
*24-Aug-20*



1 ADANIENT
2 AUROPHARMA 3 BHEL
4 CANBK
5 IBULHSGFIN
6 MUTHOOTFIN
7 NATIONALUM
8 PNB
9 RBLBANK
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*GDP growth, 2020*
-----------------------
India:1.9%
China: 1 .2%
Indonesia: 0.5%

Saudi: -2.3%
Turkey: -5%
Japan: -5.2%
Brazil: -5.3%
Russia: -5.5%

South Africa: -5.8%
US: -5.9%
Canada: -6.2%
UK: -6.5%
Australia: -6.7%
Germany: -7%
France: -7.2%
Spain: -8%
Italy: -9.1%

(Source: IMF)

Link of IMF Data :

https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC?year=2020
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

21/8/2020
BSE:+214(38434)
NSE:+59(11371)
MID:+84(14953)
SML:+203(14625)
FII|FPI:+410Cr
DII:-250Cr
B.Crude: 44
Gold$:1919=INR:51444
Silver: 66736
$/Rs: 74.84
5.79 : 2030 G-Sec: 6.14
NSE PE: 32.08
Join @Alliesfin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

@ALLIESFIN

Divis lab P/E 53

Sbi life P/E 59

Will be part of Nifty

And Bharti infratel P/E 11 will be removed.

And people expecting Nifty P/E to come down below 20 to Invest.

#ALLIESFIN #OBSERVATIONS #BSE #NSE #INDEX #STOCKMARKET
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@Alliesfin

At $2 trillion, #Apple 's market cap is now higher than the #GDP of...
Italy
Brazil
Canada
Russia
S. Korea
Spain
Australia
Mexico
Indonesia
Netherlands
Saudi Arabia
Turkey
Switzerland
Taiwan
Poland
Thailand
Sweden
Belgium
Iran
Austria
Nigeria
Argentina
Norway
UAE
Israel
Ireland
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

20/8/2020
BSE:-394(38220)
NSE:-96(11312)
MID:+128(14869)
SML:+193(14421)
FII|FPI:-268Cr
DII:-672Cr
B.Crude: 45
Gold$:1938=INR:51983
Silver: 67059
$/Rs: 75.15
5.79 : 2030 G-Sec: 6
NSE PE: 31.91
Join @AlliesFin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Portfolio Track Suggested Investment level 50% & Suggested Cash level 50%

Time to reduce leverages and cash could be king once again.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø India's GDP to contract by 20%: Care Ratings
Ø DoT opposes resolution plan of RCom
Ø SCRI: India, Japan, Australia joining hands to counter China's supply chain dominance
Ø Cabinet okays increase in sugarcane FRP by Rs 10 to Rs 285/qtl for 2020-21
Ø Bombay High Court sets aside Yes Bank petition in Zee Entertainment case
Ø India takes on Asia’s forex hubs

Ø
Ø Indians not just risk averse, stressed for income too, shows data
Ø National Payments Corp to take UPI, Rupay global through new subsidiary,
Ø Microfinance sector may see consolidation post Covid-19, say experts
Ø Banks may restructure Rs 8.4 tn loans as economy sputters: India Ratings
Ø Sistema Asia Fund sells its stake in Netmeds, exit is part of RIL deal
Business Line

Mint
Ø World trade registers historic 18.5% fall in Q2 of 2020, but slight recovery possible in Q3: WTO
Ø Centre relaxes working capital norm for discoms
Ø DPIIT to review royalty payments made to firms abroad
Ø Cabinet approves leasing of 3 AAI airports to Adani Enterprises
Ø IEX gets regulator’s nod for ‘green market’
Ø Novigo Solutions buys stake in Bengaluru-based Nyletech

Ø Apple becomes first US company to be worth $2 trillion
Ø Airtel, Voda Idea may file additional applications for 5G trials without Chinese
Ø Fixed broadband, digital investments must for sustained, growth: TRAI chief
Ø SBI prices the largest Tier 2 bond offering; raises ₹8,931 cr
Ø CCI clears Facebook’s WhatsApp for entering India’s payments space
Financial Express

Deccan Chronicle
Ø India can reach potential growth of 9% in 3 years: PwC India
Ø CSB Bank Q1 net more than doubles to Rs 53.6 cr
Ø L&T Finance exits CG Power and Industrial Solutions


Ø Dr Reddy's launches COVID-19 drug Avigan (Favipiravir)
Ø Reliance acquires majority stake in online pharmacy Netmeds
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

SGX Nifty -100 pts (11328) from last trade 11428 ,


Today's Key Results
20-Aug-20



ACCELYA
ADVENT
AMARNATH
AMBALALSA
ASIFOOD
ASIIL
BEMHY
BHAGCHEM
BLISSGVS
BPLPHARMA
CENLUB
CGVAK
CLIOINFO
COSYN
CRANEX
DENISCHEM
ELECTHERM
ETT
EXPLEOSOL
FOODSIN
GOKAKTEX
GOLCA
GUJPETR
HCG
INDNIPPON
IOB
IRBINVIT
JKIL
LINCOPH
MADHUCON
MAL
MCDHOLDING
METALFORGE
METROGLOBL
MILLENNIUM
MODERN
MOIL
MONARCH
MPAGI
PADALPO
PRIMAPLA
RAINBOWDQ
RAJSPTR
SALORAINTL
SEATV
SFL
SSPDL
STARDELTA
STLSTRINF
SWELECTES
THAKDEV
TRIMURTHI
TRIPR
TRITONV
TTFL
VALECHAENG
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

SGX Nifty -100 pts (11328) from last trade 11428 ,


Today's Key Results
20-Aug-20



ACCELYA
ADVENT
AMARNATH
AMBALALSA
ASIFOOD
ASIIL
BEMHY
BHAGCHEM
BLISSGVS
BPLPHARMA
CENLUB
CGVAK
CLIOINFO
COSYN
CRANEX
DENISCHEM
ELECTHERM
ETT
EXPLEOSOL
FOODSIN
GOKAKTEX
GOLCA
GUJPETR
HCG
INDNIPPON
IOB
IRBINVIT
JKIL
LINCOPH
MADHUCON
MAL
MCDHOLDING
METALFORGE
METROGLOBL
MILLENNIUM
MODERN
MOIL
MONARCH
MPAGI
PADALPO
PRIMAPLA
RAINBOWDQ
RAJSPTR
SALORAINTL
SEATV
SFL
SSPDL
STARDELTA
STLSTRINF
SWELECTES
THAKDEV
TRIMURTHI
TRIPR
TRITONV
TTFL
VALECHAENG
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

19/8/2020
BSE:+86(38614)
NSE:+23(11408)
MID:+84(14741)
SML:+164(14318)
FII|FPI:+459Cr
DII:-97Cr
B.Crude: 45
Gold$:1990=INR:53249
Silver: 68050
$/Rs: 74.82
5.79 : 2030 G-Sec: 6
NSE PE: 32.09
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times
 
Business Standard

Ø  RBI unveils framework for retail payments 
Ø  AI could add $450-$500 bn to GDP by 2025
Ø  Received proposals worth Rs 12L-cr: Prasad
Ø  TRAI asks Airtel, Vodafone Idea to submit pending data post priority plan presentation
Ø  41 lakh youth lose jobs in India due to COVID-19 pandemic: ILO-ADB Report
Ø  Reliance acquires majority stake in Netmeds

 
Ø  Long-duration fund rally may halt as yields harden on rate-cut pause
Ø  Govt keen to speed up stake sale in four PSU banks this fiscal: Report
Ø  S&P 500 completes recovery from Covid-19 sell-off, hits record high
Ø  Govt urges auto firms to cut royalties to foreign parents: Report
Ø  Emami may sell land, non-core assets to bring down promoter pledging
Ø  People's Bank of China picks up stake in ICICI Bank via QIP issue
Business Line
 
Mint
Ø  Steel imports up 10% as demand revives
Ø  Construction, agriculture, electronics witness maximum demand for skill development
Ø  Etrio launches retrofitted electric light commercial vehicle
Ø  Sterlite to appeal in SC against Thoothukudi plant closure verdict
Ø  1Petronet LNG reports Rs 500-crore consolidated profit for Q1
Ø  Mukesh Ambani on the prowl for retail acquisitions
 
Ø  FPL Technologies secures $10 mn in Series A funding from Sequoia India, others
Ø  Gold imports are rising  on  renewed investor interest
Ø  After KKR, L&T Finance, now Yes Bank sells CG Power shares worth ₹76 crore
Ø  PharmEasy to merge with rival Medlife to create $1bn entity
Ø  RBI releases norms for forming self-regulatory organisation in payments
Ø  Paid ₹195-cr AGR related dues, including spectrum sharing charges: Jio to SC
Financial Express
 
Deccan Chronicle
Ø  NCLAT sets aside order against former PNB official in Nirav Modi case
Ø  Jobless: India’s unemployment rate rises to nine-week high of 9.1%
 
 
Ø  GDP to contract 16.5% in Q1 as COVID cases continue to surge: SBI report
Ø  Politicos hail verdict as Madras High Court rejects plea to reopen Sterlite unit
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

ALERT: SEBI to implement new margin, pledging norms from September
https://www.thehindubusinessline.com/markets/stock-markets/sebi-to-implement-new-margin-pledging-norms-from-september/article32386194.ece?

SEBI grant No Relaxation in Margin and Pledge after today’s meeting with stock brokers.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*NO FRESH/INTRADAY/ROLLVER POSITION IS ALLOWED IN FOLLOWING SECURITIES FOR TRADE DATE 19-AUG-2020*

1) ADANI ENTER
2) AUROBINDO PHARMA
3) BANK OF BARODA
4) BHEL
5) INDBUL HSG FIN
6) VODAFONE
7) JINDAL STEEL & PWR
8) MANAPPURAM FIN
9) SAIL
10) SUNTV NETWORK
11) VEDANTA
12) ZEE ENT
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*SGX Nifty +36 pts (11441) from last trade 11405 ,*


Nikkei +42 pts ,
Hangseng clsd ,
Now @6.56am .


Dow -66.84 pts ,Nsdq +81.12 pts, S&P +7.79 pts , Bovespa +2469 pts , Ftse -50 pts , Dax -38 pts , Cac -33 pts , Crude @ $42.68 brl (-0.21), Brent @ $45.46 brl (+0.00) , Gold @ 2013.20 (+0.10), Silver @ $27.96 (-0.11), Euro @ $1.1945, JPY @ $105.30, INR @ 74.575




*Today's Corporate Action*
*19 th Aug Ex Date*



ADCINDIA
Dividend - Rs. - 2.0000
BDH
Final Dividend - Rs. - 2.5000
COCKERILL
Final Dividend - Rs. - 5.0000
EVERESTIND
Final Dividend - Rs. - 1.0000
GMM
Final Dividend - Rs. - 2.0000
GTPL
Final Dividend - Rs. - 3.0000
HERITGFOOD
Dividend - Rs. - 2.5000
LUMAXTECH
Final Dividend - Rs. - 1.0000
ORIENTPPR
Dividend - Rs. - 0.5000
RITES
Final Dividend - Rs. - 6.0000
SINCLAIR
Final Dividend - Rs. - 0.8000
SUNPHARMA*
Final Dividend - Rs. - 1.0000
UPL
Dividend - Rs. - 6.0000



*Today's Key Results*
*19-Aug-20*



ANUPAM
APMFINVEST
ASHAPURMIN
ASIANTILES
BEARDSELL
BLUECHIPT
COSMOFILMS
CSBBANK
DHANFAB
EPSOMPRO
GKB
GLOBUSSPR
GMLM
IZMO
JIYAECO
KENNAMET
MONGIPA
MOONGIPASEC
MOUNT
MUTHOOTFIN
POLYLINK
POLYTEX
PURITY
RAJKOTINV
RAMKY
RUCHISOYA
SAMBANDAM
SHRAJOI
TAVERNIER
TIDEWATER
TIPSINDLTD
TRIVENIGQ
V2RETAIL
VFL
WWTECHHOL






*Stock under F&O ban on NSE*
*19-Aug-20*


1 ADANIENT
2 AUROPHARMA
3 BANKBARODA
4 BHEL
5 IBULHSGFIN
6 IDEA
7 JINDALSTEL
8 MANAPPURAM
9 SAIL
10 SUNTV
11 VEDL
12 ZEEL
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø Economic recovery picking up pace: Nomura
Ø AGR case: Supreme Court’s poser to govt
Ø Tata Motors rejects reports of JLR stake sale
Ø SC asks Rcom to explain fall in valuation
Ø India's GDP to contract 16.5% in Apr-June quarter: SBI report
Ø India's seafood exports pegged at 12,89,651 MT in FY 19-20
Ø India's power output rises for the first time in five months in August
Ø Finance Minister Nirmala Sitharaman seeks investment from UAE for Rs 111 lakh cr National Infrastructure Pipeline


Ø SC seeks govt view on Reliance Jio's liability for RCom's AGR dues
Ø Domestic coal demand may be subdued in Q2 on lower demand: Report
Ø Hiring picks up 35% in June qtr from a low of -50% in April: LinkedIn
Ø US to tighten restrictions on Huawei access to technology, chips: Report
Ø NFRA finds deficiencies in BSR's audit of IL&FS Financial Services

Business Line

Mint

Ø Government modifies Partial Credit Guarantee Scheme 2.0
Ø India asks UAE to invest more in logistics, food parks
Ø CBI books SEL Textiles Ltd, directors for cheating consortium of banks to the tune of ₹1,530 cr
Ø Jyothy Labs eyes debt-free status by December
Ø IHCL inks pact with Tata Power arm for solar energy
Ø Biological E acquires Indian arm of US pharma firm Akorn


Ø India invites investments from UAE for highways, defence, ports, airports
Ø Online trading company Robinhood now valued at $11.2 bn with new fund backing
Ø L&T Finance sells its remaining CG Power stake for ₹73 crore
Ø Over 80 million two-wheeler riders need helmets: Studds
Ø Fed close to making its new inflation strategy official

Financial Express

Financial Chronicle

Ø Japan’s economy shrinks at record rate, slammed by pandemic
Ø Samsung plans to produce Rs 3.7 lakh crore worth mobile phones in India
Ø Kalyan Jewellers now close to same store performance year-on-year: CMD


Ø Reliance may acquire online start-ups Urban Ladder, Milkbasket: Report
Ø Mutual fund norms violation: Sebi imposes Rs 10 lakh fine on Bank of Baroda
Ø Taxpayers need not reveal high-value transactions in ITR
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*SGX Nifty +15 pts (11296) from last trade 11281 ,*


Nikkei -108 pts ,
Hangseng +124 pts ,
Now @6.52am .


Dow -86.11 pts ,Nsdq +110.42 pts, S&P +9.14 pts , Bovespa -1758 pts , Ftse +37 pts , Dax +19 pts , Cac +9 pts , Crude @ $42.77 brl (-0.12), Brent @ $45.37 brl (+0.00) , Gold @ 1992.90 (-5.70), Silver @ $27.49 (-0.18), Euro @ $1.1874, JPY @ $106.00, INR @ 74.745




*Today's Corporate Action*
*18 th Aug Ex Date*



CANFINHOME
Dividend - Rs. - 2.0000
EQUITAS
Interim Dividend - Rs. - 1.0000
IGPL
Final Dividend - Rs. - 2.0000
PRESSMN
Final Dividend - Rs. - 1.0000
UBL
Final Dividend - Rs. - 2.5000





*Today's Key Results*
*18-Aug-20*



AHMDSTE
AIML
CHEMOPH
DYNAVSN
EASTBUILD
EUROASIA
EUROMULTI
GEE
GIPCL
GREYCELLS
GTLINFRA
HAL
ICIL
IYKOTHITE
JLMORI
KIMIABL
KIRANVYPAR
KNRCON
NOL
OMNITEX
OSEASPR
PML
PRECAM
PRIMESECU
REMISIN
SOTL
SPMLINFRA
SUNILAGR
TCNSBRANDS
TECHCON
UFLEX
UNIABEXAL
USGTECH
VASCONEQ
VIRPOLY
ZEEL





*Stock under F&O ban on NSE*
*18-Aug-20*



1 ASHOKLEY
2 AUROPHARMA
3 BATAINDIA
4 BHEL
5 GLENMARK
6 IDEA
7 JINDALSTEL
8 MANAPPURAM
9 SAIL
10 SUNTV
11 VEDL
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

17/8/2020
BSE:+173(38050)
NSE:+68(11247)
MID:+58(14492)
SML:+116(13972)
FII|FPI:+332Cr
DII:-717Cr
B.Crude: 44
Gold$:1953=INR:52542
Silver: 68968
$/Rs: 74.88
5.79 : 2030 G-Sec: 5.97
NSE PE: 31.64
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø RBI on media analysis ahead of MPC meet
Ø World eco to see worst contraction in 2020
Ø Diesel sales drop 19% in first half of August compared to previous month
Ø Media often captures sentiments correctly ahead of monetary policy: RBI study
Ø Indian economy may contract in FY21: Birla
Ø IDBI rejects investor's offer for Essar arm


Ø Steel demand to fall significantly in FY21 due to Covid-19: Chandrasekaran
Ø Gold imports dip 81% in April-July to $2.47 bn, silver imports down 56.5%
Ø Thermal, coking coal imports at major ports dip 31% to 37 MT in Apr-Jul
Ø Tata may sell stake in JLR, UK steel plant as talks with British govt fail
Ø Moratorium, economic downturn raising risks for asset-backed securities
Business Line

Mint
Ø Hit by lockdown, India Inc’s earnings plunge 42% in Q1
Ø Forex reserves surge to an all-time high of $538.191 billion
Ø Thermal coal, coking coal imports at major ports dip 31 per cent in April-July: IPA
Ø Peak power demand declines to 5.65 per cent in first fortnight of August
Ø Road Ministry proposes new norms for Construction Equipment Vehicles

Ø India sends team to Mauritius to tackle oil spill
Ø MCX to launch India's first bullion index on Aug 24
Ø All communication with taxpayers to be from NeAC under faceless assessment
Ø Six of 10 top valued firms lose ₹78,275.12 cr in m-cap
Ø Natural gas prices may be cut to decade low of $1.9, dent ONGC revenues
Ø Germany may soon join International Solar Alliance
Financial Express

Financial Chronicle
Ø Federal Bank to launch independent credit card in a year: Official
Ø Re-examining business, operating models: Ashok Leyland chairman
Ø Crompton Greaves eyes inorganic growth opportunities to enter more product segments

Ø Infosys slaps fine on independent director Bobby Parikh for inadvertent trade
Ø Mauritius’ oil spill worsens as leaking ship splits in two
Ø Tens of thousands of government accounts hacked in Canada
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

14/8/2020
BSE:-433(37877)
NSE:-122(11178)
MID:-149(14433)
SML:+84(13855)
FII|FPI:+46Cr
DII:-796Cr
B.Crude: 44
Gold$:1949=INR:52525
Silver: 68817
$/Rs: 74.90
5.79 : 2030 G-Sec: 5.96
NSE PE: 31.09
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

was today profit booking the trailor or real value migration ?
stay tuned for market updates @ALLIESFIN
#nifty #banknifty #index
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

#psu #stocks could be on radar as sometimes money moves from over priced stocks to under priced stocks.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø Retail inflation inches up to 6.93% in July
Ø US jobless claims fall below 1 million
Ø India is a difficult market to be in at this moment of time, says Carlsberg Global CEO
Ø Eicher Motors and Volvo JV to acquire Volvo's India bus business
Ø JSPL starts supply of special grade rail tracks for new phase of Kolkata Metro
Ø Railways rules out fare regulator for pvt trains, to allow competition in transport sector


Ø Tata Steel reports Rs 4,648 cr net loss in Q1 due to reduced income
Ø China extends anti-dumping duties on Indian optical fibres for 5 years
Ø SBI eyes three-fold rise in retail, MSME gold loan business in FY21
Ø PE/VC investments drop 51% to $4.1 billion as big deals shrink in July
Ø French unemployment rate hits 37-year low in Q2 2020 as lockdown bites
Business Line

Mint
Ø Godrej Industries Q1 net profit down 40% at ₹106 cr
Ø US budget deficit climbs to record $2.81 trillion
Ø FPIs continue to repose faith in private insurers
Ø GAIL (India) profit plunges to ₹643 crore in Q1
Ø Grasim net down 67% on weak demand
Ø JSW Group revenue down by $2 billion in FY20
Ø Need to upgrade Ordnance Factories to lower import dependence, say defence experts

Ø Government to switch ₹28,000 crore of bonds for longer term securities
Ø BPCL's net profit up 22% for April-June quarter
Ø Tata Motors launches India's biggest tipper truck
Ø Lenders, govt diverge on sale of spectrum with bankrupt telcos
Ø RBI tightens regulations for core investment companies
Ø SIP inflows hit 22-month low in July at ₹7,831 crore
Financial Express

Financial Chronicle
Ø RBI remains net purchaser of US dollar in June, buys USD 9.814 billion
Ø Search and seizure, international tax cases out of faceless assessment ambit: CBDT
Ø Larsen & Toubro wins ‘significant’ contracts for various businesses

Ø PM unveils new tax platform, says tax paying to become seamless, painless, faceless
Ø J&J ties up with Biological E for manufacturing Covid vaccine in India
Ø Gems, jewellery exports dip 38% in July as virus slows global demand
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Prime Minister (PM) Narendra Modi launches ‘Transparent Taxation’ platform encompassing the below points.

The announcements made in the last budget have now been implemented from today
1. Faceless assessments - Draft assessment order in one city, review in another & finalisation in third city ( serious frauds, black money . benami , search & sensitive matters excluded)
2. Faceless appeals (w.e.f 25 September 2020)
3. Taxpayer charter – Attached herewith

Additional features
· Any assessment other than faceless will be invalid
· No intrusive and survey action by field officers. Only investigation wing and TDS Wing can after approval of officer of the level of Chief Commissioner or above

Key takeaways from the speech
a) Emphasis on the maxim of ‘Minimum Government, Maximum Governance’,
b) PM expresses that the approach of this initiative is to move away from power centric towards people centric administration and focus on “Honouring the Honest”;
c) PM explains that faceless assessments/ appeals will have technology driven interface (e.g. In case of scrutiny assessments, there will be random selection of cases and selection will not be limited to jurisdictional AO),
d) Further the taxpayers’ charter will outline responsibilities and duties of tax officers and transfers/ postings of officers will be done away with;
e) PM however expresses that while there has been a decrease in complexity/ taxes/ litigation and increase in transparency/ compliance/ trust, there is a need to introspect on low base of taxpayers despite growth in tax filers;
f) Finance Minister Nirmala Sitharaman adds that technology, data analytics and artificial intelligence will be the key drivers of the platform which will ease compliance burden, provide more certainty, bring in fair/ just system while removing physical interface between tax department and taxpayer.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*SGX Nifty +20 pts (11335) from last trade 11315 ,*


Nikkei +382 pts ,
Hangseng +246 pts ,
Now @6.56am .


Dow +289.93 pts ,Nsdq +229.43 pts, S&P +46.66 pts , Bovespa -56 pts , Ftse +125 pts , Dax +111 pts , Cac +45 pts , Crude @ $42.59 brl (-0.08), Brent @ $45.43 brl (+0.00) , Gold @ 1931.50 (-17.00), Silver @ $25.69 (-0.28), Euro @ $1.1793, JPY @ $106.82, INR @ 74.795




*Today's Corporate Action*
*13 th Aug Ex Date*




APCL
Dividend - Rs. - 5.0000
BAJAJST
Final Dividend - Rs. - 2.0000
BSOFT
Final Dividend - Rs. - 1.0000
DABUR
Final Dividend - Rs. - 1.6000
ERIS
Interim Dividend - Rs. - 5.5000
ESCORTS
Final Dividend - Rs. - 2.5000
GPTINFRA
Final Dividend - Rs. - 1.5000
MARUTI
Final Dividend - Rs. - 60.0000
NTPC
Final Dividend - Rs. - 2.6500
OSWALOR
Stock  Split From Rs.10/- to Rs.5/-
TTKPRESTIG
Dividend - Rs. - 20.0000




*Today's Key Results*
*13-Aug-20*


3MINDIA
7SEASL
7TEC
AARNAV
ALUFLUOR
AMALGAM
AMNPLST
AMRUTANJAN
ANKIN
ARIES
ASHSI
ASIFOOD
BASML
BBL
BERVINL
BHARATGEAR
BHILSPIN
BJDUP
BKV
BOMBPOT
BPCL
CHEVIOT
CUB
DBCORP
DCMSRMIND
DIAMANT
EICHERMOT
EIHOTEL
ELDEHSG
ELECTCAST
ENDURANCE
ENGINERSIN
ENTRINT
EUROLED
EXCELINDUS
FRONTSP
GAIL
GIRDSGA
GKB
GODREJIND
GOLDCOINHF
GOLDIAM
GOTHIPL
GRASIM
GREAVESCOT
GRSE
HERCULES
HEROMOTOCO
HINDMILL
HINDTIN
HOCL
HRBFLOR
IGPL
INDAG
INDIAGLYCO
INDLEASE
INEOSSTYRO
INSILCO
ISHITADR
ISLCONSUL
JAGSONFI
JITFINFRA
KIRLOSIND
KMCSHIL
KSCL
LUMAXTECH
MACINTR
MADHAVIPL
MAGANTR
MAHANIN
MAHASTEEL
MAYURUNIQ
MEDICAMEQ
MEDINOV
MEHIF
MEHSECU
MEHTAHG
MERCANTILE
MINDACORP
MINDTECK
MKEL
MLKFOOD
MORARKFI
MOTOGENFIN
MPILCORPL
MUKANDENGG
MULLER
NATRAJPR
NCCBLUE
NITCO
NOVIS
PAISALO
PALASHSEC
PARTANI
PFC
PGEL
PHARMAID
PHOTON
PIONEEREMB
PONDYOXIDE
PPAP
PRAJIND
PRECWIRE
PREMCO
PRERINFRA
PRESTIGE
PRIMAGR
PRIMAIN
PRISMMEDI
PRSMJOHNSN
PRSNTIN
PUNJCOMMU
QUADRANT
REDINGTON
ROSSELLIND
SANDHAR
SANGHVIMOV
SAVERA
SHANKARA
SHARDACROP
SHGANEL
SHIVALIK
SIL
SJCORP
SKMEGGPROD
SPICEISL
STCORP
STEL
STOVACQ
SUNFLAG
SUPERIOR
SURFI
TFCILTD
TIMESGTY
TIMKEN
TNPL
TOKYOFIN
TOKYOPLAST
TOWASOK
TRANSASIA
TRELCHE-B
TRENT
TTKHEALTH
TVSSRICHAK
VENKYS
VICTMILL
VIPCLOTHNG
VIRAT
WARRENTEA
XCHANGING
YSL




*Stock under F&O ban on NSE*
*13-Aug-20*



1 AUROPHARMA
2 BATAINDIA
3 CANBK
4 CENTURYTEX
5 GLENMARK
6 IBULHSGFIN
7 IDEA
8 MUTHOOTFIN
9 SAIL
10 VEDL
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

 

Business Standard

Ø  RBI asks large UCBs to implement system-based asset classification from June 2021

Ø  Deutsche Bank infuses funds in India ops

Ø  23 players including Bombardier, Alstom attend meeting on running private trains: Railways

Ø  NMDC hikes iron ore rates by Rs 300 to Rs 2,950 a tonne effective from August 12

Ø  Equalisation levy: MasterCard moves HC

Ø  Govt panel proposes 2 formats for BRSR

 

Ø  NCLAT rejects plea to start insolvency proceedings against Tata Chemicals

Ø  Gadkari calls for increased global investment in highways, MSME sectors

Ø  Over 1,700 big wilful defaulters together owe Rs 37,020 crore to PNB

Ø  Reliance Commercial Finance gets 13 EoIs from global, domestic investors

Ø  Bharat Forge reports consolidated loss of Rs 127.3 crore in Apr-Jun qtr

Business Line

 

Mint

Ø  Japan to provide financial assistance to 10 Japan-India tech tie-ups

Ø  BSE getting traction on gold trade

Ø  PM to unveil next phase of direct tax reforms on Thursday

Ø  Ashok Leyland reports ₹389 cr net loss in Q1 due to Covid-19 lockdown

Ø  Sundram Fasteners reports Q1 loss of ₹23 crore

Ø  Brigade Enterprises posts ₹63.90 crore loss for Q1

 

Ø  India's fuel demand dips 11.7% in July

Ø  Mahindra Finance's ₹3,089 cr rights issue subscribed 1.3 times

Ø  Centre allows registration, sale of EVs without pre-fitted battery

Ø  ABN Amro exits trade, commodity finance in wider industry shake-up

Ø  Tata Power merges Mundra plant into parent for capital support

Financial Express

 

Financial Chronicle

Ø  RBI asks urban cooperative banks to implement system-based asset classification from June 2021

Ø  UK’s deep economic recession may send strong global headwinds to India

Ø  CIL seeks lower rail tariff for coal transportation

 

Ø  I-T Department raids premises of Chinese entities in money laundering case

Ø  US signs $1.5 billion COVID-19 vaccine deal with Moderna for 100 million doses

Ø  Medtronic to invest Rs 1,200 crore to expand Hyderabad R&D centre
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

12/8/2020
BSE:-37(38369)
NSE:-14(11308)
MID:-37(14354)
SML:-3(13834)
FII|FPI:+351Cr
DII:-939Cr
B.Crude: 45
Gold$:1933=INR:52140
Silver: 65438
$/Rs: 74.83
5.79 : 2030 G-Sec: 5.88
NSE PE: 31.33
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times

Business Standard

Ø India GDP to shrink by 4.5% in 2020: Report
Ø India defers certificate for rice export to EU
Ø RIL breaks into top 100 global companies
Ø Debt recast to worsen asset quality: Fitch
Ø Airbnb contributed $320 million to the Indian economy in 2019: Oxford Economics
Ø Allow JSPL to pay $55 mn to subsidiary: HC
Ø I-T dept cracks down on Chinese entities
Ø Foreign investors get tax compliance relief for AIF investment in IFSC
Ø About 5-8% of loan book will be recast under RBI scheme, says ICRA
Ø Axis Bank raises Rs 10,000 cr via allotment of equity shares to QIBs
Ø Singapore's economy sees worst ever quarterly contraction of 13.2%
Ø Moody's assigns B3 rating with negative outlook to Vedanta's USD notes

Business Line

Mint

Ø IndiGo in talks to leaseback 12 of its ATR aircraft to raise funds
Ø Adani Ports Q1 net profit falls 26 per cent to ₹758 crore
Ø Tata Motors bets big on automatics in Covid-19 times
Ø Bosch reports Q1 net loss at ₹121 cr
Ø Freshworks, Hexaware announces global partnership
Ø JSW Steel output down 5% in July
Ø ADIA, HDFC MF buy Inox Leisure shares in bulk deal
Ø DAC approves proposals to buy ₹8,722.38 crore military hardware
Ø S&P 500 on verge of reclaiming February highs due to US stimulus hopes
Ø Mahindra among 14 global CEOs to endorse road map for better economic system

Financial Express

Financial Chronicle

Ø Households’ FMCG consumption in April-June highest in two years: Report
Ø COVID-19 may accelerate shift in global trade relations, supply chains: Moody’s
Ø CIAL reports Rs 72 crore loss in Q1 of current fiscal
Ø India levies anti-dumping duty on black toner from China, others
Ø Corona lockdown effect: Industrial production declines by over 16 per cent in June
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Economic Times*
*Business Standard*

Ø Balance of payments to be 'very, very strong' this year, green shoots visible in economy: Piyush Goyal

Ø Spectrum of bankrupt telcos who owe statutory dues cannot be sold: Govt to SC

Ø Petroleum and Natural Gas Regulatory Board Chairman bats for unified gas price

Ø India's economy is slowly recovering, shows Nomura India Business Resumption Index

Ø India to promote manufacturing of some products to boost market share

Ø Govt to unveil more steps to attract investment in defence sector: Rajnath

Ø Imports from related party will be scrutinised by Customs: Expert

Ø Debt recast to give relief to Rs 3 trn retail, small corp debt: Crisil

Ø Market regulator cracks whip on front runners at Reliance Securities

Ø Saudi Aramco to go ahead with plans to boost oil output capacity, says CEO


*Business Line*
*Mint*

Ø Equity MFs see outflows for first time in 4 years: AMFI

Ø Auto sector expects recovery this month: FADA

Ø Around 68% rural Indians faced ‘high’ monetary difficulty during lockdown: Survey

Ø IndiGo plans to raise up to ₹4,000 crore through QIP

Ø Titan reports consolidated Q1 net loss of ₹297 cr

Ø Equitas Holdings June qtr net down 25% at ₹52.5 cr

Ø Sebi issues guidelines to help trustees of MFs in monitoring AMCs' activities

Ø FinMin calls for real-time monitoring of key infra projects to push growth

Ø South Indian Bank to set up non-financial subsidiary

Ø JSW Cement pushes IPO plans to 2022 as cement demand crashes

Ø Bank of Baroda Q1 result: Net loss of ₹864 cr due to higher provisions


*Financial Express*
*Deccan Chronicle*

Ø Commerce ministry’s investigation arm recommends anti-dumping duty on Chinese chemical

Ø UBS Principal Capital Asia sells Axis Bank shares worth over Rs 150 crore

Ø ICICI Bank sets floor price at Rs 351.36 for QIP

Ø RIL-Aramco deal: Still working on deal to invest in Reliance, says Aramco CEO

Ø Andhra's new industrial policy holds out juicy land sops for investors
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*SGX Nifty +31 pts (11325) from last trade 11294 ,*


Nikkei +293 pts ,
Hangseng +285 pts ,
Now @6.52am .


Dow +357.96 pts ,Nsdq -42.63 pts, S&P +9.19 pts , Bovespa +668 pts , Ftse +18 pts , Dax +12 pts , Crude @ $42.01 brl (+0.07), Brent @ $44.99 brl (+0.01) , Gold @ 2037.70 (-2.00), Silver @ $29.17 (-0.08), Euro @ $1.1741, JPY @ $105.98, INR @ 74.875




*Today's Corporate Action*
*11 th Aug Ex Date*



ATFL
Final Dividend - Rs. - 3.0000
INDIGRID
Income Distribution (InvIT)
NUCLEUS
Interim Dividend - Rs. - 3.0000
ORIENTCQ
Final Dividend - Rs. - 6.0000
PONNIERODE
Dividend - Rs. - 4.0000
TTFL
Bonus issue 14:10





*Today's Key Results*
*11-Aug-20*



ADORWELD
AIAENG
AIML
ANSALBU
ANUBHAV
ASHIANA
ASHOKA
ASTRON
AXELPOLY
AXTEL
BAJAJELEC
BAPACK
BENGALASM
BIRLACABLE
BOSCHLTD
CAPACITE
CENTRALBK
CHALET
CHOWGULSTM
DITCO
ECOPLAST
ELECON
GALAXYSURF
GEPIL
GOLDCORP
GOLDENCREST
GPIL
GREENPOWER
GRPLTD
GUJALKALI
HARISH
HARLETH
HELPAGE
HONDAPOWER
HRMNYCP
INDOCO
IVP
JINDHOT
JMCPROJECT
JMGCORP
JOSTS
JYOTI
KAIRA
KOPRAN
KRBL
LIKHAMI
LKPFIN
LOKESHMACH
MADHUDIN
MANUGRAPH
METROPOLIS
MIDINDIA
MODRNSH
MOTHERSUMI
MPSLTD
OFSS
PANAENERG
PNTKYOR
POLYCHEM
PROVESTSER
PTC
RAJINFRA
RATNAMANI
RCF
RELTD
RITES
RSWM
SANGHIIND
SCFL
SHARP
SHREERAMA
SHRIRAMCIT
SILINFRA
SOMANYCERA
SSLEL
STARCEMENT
SUMMITSEC
SUTLEJTEX
SUVEN
SWAGTAM
SYMPHONY
TCIIND
TRITON
TYCHE
UGROCAP
USHAMART
VESUVIUS
VHL
VINTRON
VSTTILLERS





*Stock under F&O ban on NSE*
*11-Aug-20*


Canbank
Cent Text
Idea
Muthoothfin
Vedl
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

10/8/2020
BSE:+141(38182)
NSE:+56(11270)
MID:+201(14420)
SML:+200(13869)
FII|FPI:+302Cr
DII:-504Cr
B.Crude: 44
Gold$:2031=INR:55012
Silver: 75160
$/Rs: 74.89
5.79 : 2030 G-Sec: 5.89
NSE PE: 31.23
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*SGX Nifty -24 pts (11005) from last trade 11229 ,*


Nikkei clsd ,
Hangseng -155 pts ,
Now @6.52am .


Dow +46.50 pts ,Nsdq -97.07 pts, S&P +2.12 pts , Bovespa -1350 pts , Ftse +5 pts , Dax +83 pts , Cac +4 pts , Crude @ $41.60 brl (+0.38), Brent @ $44.70 brl (+0.30) , Gold @ 2036.60 (+8.60), Silver @ $28.245 (+0.70), Euro @ $1.1787, JPY @ $105.84, INR @ 75.025




*Today's Corporate Action*
*10 th Aug Ex Date*



ALKEM
Final Dividend - Rs. - 3.0000
ASHIANA
Final Dividend - Rs. - 0.3000
HONAUT
Final Dividend - Rs. - 75.0000
UNIVCABLES
Final Dividend - Rs. - 2.0000
VINDHYATEL
Dividend - Rs. - 10.0000





*Today's Key Results*
*10-Aug-20*


ABAN
ACE
AKZOINDIA
ANDHRAPET
APCL
AREYDRG
ARYAN
ASHIKACR
ASTRAZEN
BANKBARODA
BORORENEW
CAMLINFINE
CAPPL
CARERATING
CHMBBRW
CITADEL
COCHINSHIP
COFFEEDAY
CONART
CPL
CSURGSU
DEEPAKSP
DFM
DIAMINESQ
DLINKINDIA
EIMCOELECO
EQUITAS
FIBERWEB
FORCEMOT
FORTISMLR
GET&D
GLANCE
GOODRICKE
GOYALASS
HEG
HINFLUR
IDM
INDSWFTLTD
INSPIRISYS
IPCALAB
KABRAEXTRU
KAMAHOLD
KANORICHEM
KARMAENG
KCPSUGIND
KEC
KICL
KIOCL
KIRIINDUS
KMSUGAR
KSL
KUNSTOFF
LIBORD
LIBORDFIN
LKPSEC
LXMIATO
MARIS
MCLTD
MEGH
METALFORGE
MMRUBBR-B
MOLDTEK
MUNOTHFI
NDTV
NILA
NNTL
OAL
ONMOBILE*
ORIENTCQ
PANKAJPO
POWERGRID
PREMSYN
QUICKHEAL
REGENCY
ROLLT
SAKSOFT
SATIA
SHETR
SONATSOFTW
SSWRL
STERTOOLS
SUBEX
SUNDRMBRAK
SWITCHTE
TAIIND
TAMBOLI
TGVSL
TITAN
TRANSPEK
TRIVENI
TTKPRESTIG
UJJIVAN
UNIVCABLES
URJAGLOBA
VADILALIND
VADILENT
VBCFERROQ
VIMTALABS
VINDHYATEL
VMART




*Stock under F&O ban on NSE*
*10-Aug-20*


Canbank
Cent Text
Idea
Vedl
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Economic Times*
Ø  Defence reforms to steer India towards self reliance, boost indigenous production: Industry
Ø  'Up to $54-bn remittance loss for Asia-Pacific'
Ø  BSNL to enhance data speed in A&N Islands
Ø  IBBI lists out potential red flags for RPs
Ø  IndusInd Bank acquires 7.82% stake in Eveready
Ø  India attractive proposition for UK businesses exploring alternative to China: UKIBC

*Business Standard*
Ø  81% SMEs confident of recovery post Covid, 57% have no cash reserve: Survey
Ø  Invoking self-reliant India, govt bans import of 101 defence items
Ø  Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact
Ø  NCLAT says no to insolvency proceedings against Gujarat Ambuja Exports
Ø  Lupin, Sun Pharma recalling products in the US market, says USFDA

*Business Line*
Ø  PM Modi launches ₹1-lakh crore Agriculture Infrastructure Fund
Ø  RIL’s financial services assets spike; indicate big plans are in the works
Ø  Aurobindo Pharma enters Covid-19 vaccine race
Ø  Renault India ramps up dealer network amid Covid-19 fight
Ø  Spanish court declares IL&FS transport arm ‘insolvent’

*Mint*
Ø  Asia-Pacific may see $31.4-54.3 bn remittance losses due to Covid-19: ADB
Ø  HNIs' holding in Indian companies rises to ten-quarter high in Q1
Ø  Huawei to stop smartphone chip production due to US sanctions
Ø  Oil giant Aramco sticks with dividend even as profit crashes
Ø  Govt proposes separate emission norms for agri machinery

*Financial Express*
Ø  Airtel, Vodafone Idea priority plans: TRAI to give decision within 2 weeks of telcos reply
Ø  India attracts $22 billion FDI during COVID-19: Amitabh Kant
Ø  UltraTech expects subdued performance as economy slows down

*Deccan Chronicle*
Ø  Telecom operators revenue growing strongly defying coronavirus, says Fitch
Ø  India must focus on protecting economy not on what rating agencies think: Rajan
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

7/8/2020
BSE:+15(38040)
NSE:+13(11214)
MID:+202(14218)
SML:+106(13668)
FII|FPI:+397Cr
DII:-438Cr
B.Crude: 44
Gold$:2054=INR:55779
Silver: 75779
$/Rs: 74.93
5.79 : 2030 G-Sec: 5.88
NSE PE: 30.72
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*07th Aug: Prov Cash: Rs.crs:*
*FIIs: +397.32*(6034.73 - 5637.41)
*DIIs: -438.62*(3442.99 - 3881.61)
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Economic Times



Business Standard

Ø Wipro announces collaboration with Intel

Ø Business optimism slips to record low

Ø IBBI amends liquidation process norms

Ø RBI asks banks not to open current accounts for customers having cash credit, overdraft facilities

Ø ITC's food business crosses Rs 10,000 cr sales milestone in FY20, Rs 600 cr short of Britannia

Ø Ratings agency ICRA expects two-wheeler sales to decline 16-18 per cent in FY21

Ø LIC acquires close to 5% stake in YES Bank



Ø RBI holds rates amid rising inflation: Key announcements and takeaways

Ø RBI announces special liquidity facility of Rs 10,000 cr for Nabard, NHB

Ø IDBI Bank inks pact to divest 27% stake in insurance JV for Rs 595 cr

Ø HPCL reports 157% jump in June quarter's net profit at Rs 2,253 cr

Ø Novartis India Q1 net profit jumps over 5-fold to Rs 4.39 cr on price cuts

Ø Loan restructuring may only provide short-term respite to lenders

Business Line



Mint

Ø Vodafone Idea Q1 loss widens to ₹25,460 crore on AGR liabilities

Ø IEX opposes CERC’s key proposal in power market reforms

Ø Embassy Office Parks REIT posts 8% lower Q1 profits

Ø Whirlpool India Q1 profit falls 92% to ₹16 cr

Ø JK Tyre posts ₹204-crore net loss in Q1

Ø Torrent Power standalone Q1 net rises 33% to ₹366 crore



Ø Microsoft expands TikTok takeover ambitions to entire global business: Report

Ø Lupin signs exclusive pact for distribution of 2 complex injectable drugs

Ø Adani Electricity Mumbai sells shares worth ₹202 crore in Yes Bank

Ø Torrent Power Q1 profit up 35% at ₹374 cr

Ø IHCL Q1: Net loss of ₹280 crore, revenue of ₹ 175 crore

Financial Express



Deccan Chronicle

Ø RBI says protracted spread of COVID-19 poses downside risk to economy

Ø Jubilant FoodWorks enters FMCG space with launch of ready-to-cook sauces, pastes

Ø Abu Dhabi’s Etihad Airways posts $758 million in half-year losses

Ø Total, Adani to apply for petrol pump licence in India



Ø RBI increases gold loan-to-value ratio to 90%, interest rates unchanged

Ø Sensex ends 362 points higher after RBI policy, Nifty tops 11,200

Ø Fugitive merchant Nirav Modi's trial in UK will start in September.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

SGX Nifty -12 pts (11200) from last trade 11212 ,


Nikkei -91 pts ,
Hangseng -21 pts ,
Now @6.52am .


Dow +185.46 pts ,Nsdq +109.67 pts, S&P +21.39 pts , Bovespa +1323 pts , Ftse -77 pts , Dax -68 pts , Cac -48 pts , Crude @ $42.07 brl (+0.12), Brent @ $45.09 brl (-0.00) , Gold @ 2082.30 (+12.80), Silver @ $29.68 (+1.28), Euro @ $1.1875, JPY @ $105.58, INR @ 74.895




Today's Corporate Action
7th Aug Ex Date



CHEMCRUX
Final Dividend - Rs. - 1.0000
COMPUAGE
Dividend - Rs. - 0.2000
NAVINFLUOR
Final Dividend - Rs. - 3.0000
ORIENTREF
Final Dividend - Rs. - 2.5000





Today's Key Results
07-Aug-20



ABBOTINDIA
ABCAPITAL
ADANITRANS
ALEMBICLTD
ALKEM
ALPHAGEO
AMARAJABAT
AMBER
ANDHRAPAP
ANUHPHR
ATHARVENT
AUTOAXLES
BALRAMCHIN
BATAINDIA
BEML
BGWTATO
BIGBLOC
BIRLACORPN
CHANDRAP
CIPLA
COCKERILL
CONCOR
DEL
DICIND
EMAMILTD
ENIL
EXCEL
FDC
FINOLEXIND
GABRIEL
GUJCOTEX
HEALINV
INDORAMA
INNOVATIVE
JCHAC
JK AGRI
JSWHL
KAJARIACER
KASHYAP
KAYCEEI
KREBSBIO
LAKSHMIMIL
LYKALABS
M&M
MANGLMCEM
MARALOVER
MERCURYLAB
MGL
MONTECARLO
MORGANITE
NATCAPSUQ
NATHBIOGEN
NIKKIGL
NUCLEUS
ODYSSEY
PASARI
PERFEPA
PSB
RALEGRA
RAMCOIND
RECLTD
RJSHAH
RLFL
RML
SANWARIA
SCI
SCOOTER
SESHAPAPER
SHREYANIND
SICAGEN
SIEMENS
SIMPLEX
SOBHA
SUDARSCHEM
SUMEDHA
SUNRINV
TANFACIND
THACKER
TRINITYLEA
TUTIALKA
TVTODAY
UFO
UNIJOLL
UNIWSEC
VANDANA
WINTAC
ZSOUTGAS




Stock under F&O ban on NSE
07-Aug-20


Canbank
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

6/8/2020
BSE:+362(38025)
NSE:+98(11200)
MID:+106(14016)
SML:+132(13562)
FII|FPI:+637Cr
DII:-468Cr
B.Crude: 45
Gold$:2055=INR:55740
Silver: 75594
$/Rs: 74.93
5.79 : 2030 G-Sec: 5.86
NSE PE: 30.68
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

*Highlights of RBI Governor Das' address post MPC meeting*
*KEY TAKEAWAYS*
* MPC voted to leave repo rate unchanged at 4.00%
* Reverse repo rate also left unchanged at 3.35%
* MPC voted unanimously in favour of resolution
* MPC voted to continue with accommodative stance
* Space for further rate action available
* Space for further policy action must be used judiciously
* MPC sifted through domestic, global developments
* High-frequency data levelled off due to reclamping of lockdowns

*INFLATION*
* MPC expects CPI inflation to remain elevated in Jul-Sep
* MPC expects CPI inflation to ease in Oct-Mar
* Three-month CPI expectation lower than previous estimate
* CPI inflation pressures evident across all sub-groups
* Upside risk to food prices remain
* Supply chain disruption due to lockdowns persist
* Food inflation outturn could improve on bumper rabi crop
* CPI in most emerging markets rose on cost push pressures
* CPI inflation largely subdued across advanced economies
* MPC conscious of its inflation target
* MPC decided to stay pat due to uncertain CPI outlook
* MPC watchful of durable fall in inflation

*INDIAN ECONOMY*
* Economic activity in India has started to recover
* Kharif sowing suggests recovery in rural econ may be robust
* See GDP contracting in Apr-Sep
* Expect FY21 GDP growth to be in negative zone
* Fall in imports reflect weak domestic demand, fall in oil
* FX reserves at $534.6 bln as on Jul 31

*GLOBAL SCENARIO*
* Global economic activity was fragile in Jan-Jun
* Global economic activity remains fragile
* Resurgence in COVID cases led to subdued revival in major economies
* Global financial markets buoyant

*RATE TRANSMISSION*
* Past rate cuts working their way through economy
* Often hear questions on effectiveness of rate cut since Feb
* Adequate liquidity has been key to monetary transmission
* Easing of financial conditions enhanced monetary transmission
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє

α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post

Business Standard

Ø Reliance Industries Limited ranked no 2 brand globally after Apple Inc
Ø India terminates anti-dumping probe on naphthalene imports from China, EU, others
Ø Zenara Pharma receives DCGI approval to manufacture, sell Favipiravir tablets
Ø Icra warns against moratorium extension
Ø RHFL audit proves diversion of funds: Sources
Ø RCom insolvency case adjourned to Aug 19
Ø Consultants likely to scrutinise government tenders and track Make-in-India: DPIIT


Ø July services activity shrinks for fourth month in a row; PMI at 34.2
Ø Canara Bank net profit up 23.5% at Rs 406 crore for June quarter
Ø Govt extends Sebi chairman Ajay Tyagi's term for another 18 months
Ø Strides Pharma Science Q1 net profit jumps over 4-fold to Rs 102 cr
Ø Domestic pharmaceutical industry to clock 4-6% growth in FY21: Icra
Ø Adani Gas profit declines 42% in June quarter as lockdown impacts sales
Business Line

Mint
Ø India, Japan to hold investment forum
Ø Adani Gas to soon start full-service fuel retailing
Ø A ‘marathon’ run for BDR Pharma, maker of two Covid-19 drugs
Ø Apollo Tyres posts ₹135-cr loss in Q1
Ø Visaka Industries Q1 net up 49% at ₹34 crore
Ø DLF Q1 net loss at ₹71 crore
Ø Bad loans sold to ARCs: Banks may have to increase provision for security receipts

Ø Oman India Joint Investment Fund II buys 1.63% in DCB Bank
Ø US to pay $1 bn for 100 mn doses of J&J's potential coronavirus vaccine
Ø Airtel Kenya-Telkom merger called off
Ø Italy intervenes to suspend sale of Telecom Italia stake to KKR
Ø HDFC hits the street with ₹14,000 crore equity fundraise
Ø Sweden’s economy posted record slump during pandemic peak
Ø Teladoc bets big on online medicine with $18.5-bn Livongo deal
Financial Express

Deccan Chronicle
Ø US, China plan to review phase-one trade deal mid-month
Ø Income Tax compliance made easier; fewer cases go for scrutiny: FinMin
Ø Foreign trade regulator rejig to cut imports, promote ‘Make in India’ and ‘Ease of Doing Business’

Ø Sashidhar Jagdishan to take charge as HDFC Bank CEO from October 27
Ø India's fuel demand may take 6-9 months to reach normal levels: IOC
Ø BMW records first loss since 2009 as pandemic hits sales
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє