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Showing posts from November, 2020

Burger King IPO opens tomorrow: Here are 10 key things to know about the issue

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The public issue consists of a fresh issue of Rs 450 crore and an offer for sale of 6 crore equity shares by promoter QSR Asia. from Moneycontrol Latest News https://ift.tt/3g0vlPS

India’s Q2 GDP contracted less than expected: Check out global brokerages#39; views

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Real GDP for the September quarter contracted 7.5 percent year-on-year, on the back of the steep contraction in manufacturing, construction, and services, data released by the National Statistical Office showed on November 27. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-edge/india’s-q2-gdp-contracted-less-than-expected-check-out-global-brokerages39-views_14540921.html

DAILY VOICE | Nifty can gain 12-14% over a year, but broader markets will do better: Vinay Agrawal of Angel Broking

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We continue to remain positive on the markets from a medium to long term perspective given improving fundamentals. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-nifty-can-gain-12-14-overyearbroader-markets-will-do-better-vinay-agrawalangel-broking_14540881.html

Farmer protest update: Sombir Sangwan resigns as Haryana#39;s Pashudhan Board Chairman in support of movement

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Sombir Sangwan said, "I#39;ve resigned as Haryana Pashudhan Board Chairman in support of ongoing farmers movement. Today morning at 10 am, all members of Sangwan Khap will proceed to Delhi we will support protesting farmers till the very end". from Moneycontrol Latest News https://ift.tt/3loOU5r

All India Taxi Union threatens to go on strike if demands of agitating farmers not met within 2 days

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President of the Union, Balwant Singh Bhullar, said they are giving two days to the central government to meet the demands of the farmers. from Moneycontrol Latest News https://ift.tt/39pnV7s

China gave COVID-19 vaccine candidate to North Korea#39;s Kim Jong Un: US analyst

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Harry Kazianis, a North Korea expert at the Center for the National Interest think tank in Washington, said the Kims and several senior North Korean officials had been vaccinated. from Moneycontrol Latest News https://ift.tt/3qiNyg3

Delhi breathed more polluted air in November this year than 2019

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The city also recorded nine "severe" air days this November, the maximum number in the month in four years. from Moneycontrol Latest News https://ift.tt/36q5gq6

Stocks in the news | SAIL, Maruti, Tata Motors, Future Consumer, NLC India, Kalpataru Power

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MM, Bajaj Auto, TVS Motor, Hero MotoCorp and Ashok Leyland in focus, Hero Motocorp, V2 Retail, Akashdeep Metal Industries, JTL Infra, Aditya Birla Fashion and Retail, ICICI Lombard are also among the stocks in focus today. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/stocksthe-news-|-sail-maruti-tata-motors-future-consumer-nlc-india-kalpataru-power_14540701.html

Janet Yellen as Treasury Secretary to help economic recovery from COVID-19 crisis: Experts

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"Dr. Janet Yellen#39;s discipline, determination, and dazzling track record of success at the forefront of economic policy-making will be indispensable in our country#39;s work to not only recover from this crisis, but to build back better," House Speaker Nancy Pelosi said after US President-elect Joe Biden announced to nominate the 74-year-old Yellen as his Treasury Secretary. from Moneycontrol Latest News https://ift.tt/3fR3xxf

Joe Biden speaks with UN chief, discusses strengthening partnership on urgent global issues

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They also talked about building resilience to future public health challenges, confronting the threat of climate change, addressing humanitarian issues, advancing sustainable development, upholding peace and security, resolving conflicts, and promoting democracy and human rights, it said. from Moneycontrol Latest News https://ift.tt/3ly4YSB

OPEC postpones talks to December 3 amid disagreements: Sources

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OPEC , which includes the Organization of the Petroleum Exporting Countries, Russia and other allies, had been scheduled to hold its meeting on Tuesday at 1300 GMT. from Moneycontrol Latest News https://ift.tt/37gbPus

Kerala lottery result: #39;Sthree Sakthi SS-238#39; lottery winners to be announced today at 3 pm

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Kerala lottery result: The first prize winner of the Kerala state lottery #39;Sthree Sakthi SS-238#39; will take home Rs 75 lakh. from Moneycontrol Latest News https://ift.tt/33u0K80

Asian shares open higher following stellar month of gains

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MSCI#39;s gauge of stocks across the globe was roughly flat. Hong Kong#39;s Hang Seng index futures were down 0.36%, while China#39;s CSI 300 futures were 0.36% higher. from Moneycontrol Latest News https://ift.tt/3fUOwdW

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

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Trends on SGX Nifty indicate a flat start for the broader index in India. The Nifty futures were trading flat around 12,996.50 level on the Singaporean Exchange. from Moneycontrol Latest News https://ift.tt/36qax0I

International flights on December 1: Here are flights operated by Air India under Vande Bharat Mission

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International flights: Check flights leaving for and from India to bring back stranded Indians. from Moneycontrol Latest News https://ift.tt/2JA8TRy

Saudi Arabia agrees to allow Israeli commercial planes to cross its airspace: Senior Donald Trump official

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Kushner and Middle East envoys Avi Berkowitz and Brian Hook raised the issue shortly after they arrived in Saudi Arabia for talks. "We were able to reconcile the issue," the official told Reuters. from Moneycontrol Latest News https://ift.tt/2KMjl8S

Oil falls as OPEC talks delays raise supply concerns

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Opening trading for December Brent crude was down 20 cents, or 0.4% at $47.68 a barrel by 0136 GMT, after dropping more than 1% on Monday. West Texas Intermediate was down by 27 cents, or 0.6% at $45.07 a barrel, having dropped 0.4% in the previous session. from Moneycontrol Latest News https://ift.tt/37qwrAv

Lottery Sambad Result December 1: ‘Dear Bangalakshmi Torsha#39; lottery winners to be announced at 4 pm

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Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Torsha#39; lottery will take home Rs 50 lakh. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/lottery-sambad-result-december-1-‘dear-bangalakshmi-torsha39-lottery-winners-to-be-announced-at-4-pm_14540581.html

Slideshow | Consolidation likely to continue, prefer buy on dips: Experts

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The short-term trend of Nifty is choppy and the market is expected to move in a range of 13,100-12,800 levels by next week, says Nagaraj Shetti, Technical Research Analyst, HDFC Securities. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-cues/slideshow-|-consolidation-likely-to-continue-prefer-buydips-experts_14540561.html

Hot Stocks | ONGC, HDFC AMC can give up to 11% return in short term

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November was a historical month for our markets as we saw two key indices, Nifty and Bank Nifty clocking sizable gains over 11 percent and 23 percent, respectively. from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-ongc-hdfc-amc-can-giveto-11-returnshort-term_14540541.html

Global stock markets slide at end of record November

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Dow Jones Industrial Average fell 271.73 points, or 0.91%, to 29,638.64, the SP 500 lost 16.72 points, or 0.46%, to 3,621.63 and the Nasdaq Composite dropped 7.11 points, or 0.06%, to 12,198.74. from Moneycontrol Latest News https://ift.tt/36mG9nZ

Coronavirus News LIVE Updates: Chhattisgarh COVID-19 tally zooms to 2.37 lakh with 1,324 new cases; 21 more die

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Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country. from Moneycontrol Latest News https://ift.tt/3mthx2D

Asian markets poised for choppy day after Wall Street#39;s fall

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Hong Kong’s Hang Seng index futures were down 0.36%. from Moneycontrol Latest News https://ift.tt/3qadfQ5

Uber eyes EV pie, aims for 3,000 vehicles by end of 2021

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EV-friendly policies and targets by the Centre and states such as Delhi and Telangana will translate into sales in the near future, the company has said. from Moneycontrol Latest News https://ift.tt/2Vf08i2

Quote of the Day

"Those who do not remember the past are condemned to repeat it." - George Santayana

How this student with all-India JEE rank 270 lost a seat in IIT Bombay

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The 18-year-old student from Agra has said he clicked on the #39;withdraw from seat allocation#39; link as it was his “bona fide” belief that he was not required in subsequent rounds as his seat was already confirmed. from Moneycontrol Latest News https://ift.tt/3o6sTtH

Buy Ashoka Buildcon; target of Rs 127: Anand Rathi

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Anand Rathi is bullish on Ashoka Buildcon has recommended buy rating on the stock with a target price of Rs 127 in its research report dated November 16, 2020. from Moneycontrol Latest News https://ift.tt/2Jk8R0e

Buy KNR Construction; target of Rs 320: Anand Rathi

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Anand Rathi is bullish on KNR Construction has recommended buy rating on the stock with a target price of Rs 320 in its research report dated November 16, 2020. from Moneycontrol Latest News https://ift.tt/3lmxeXW

Paytm Money goes deeper into broking, opens IPO investments

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Paytm, which is hoping to start making money and look at a public listing in the near future, needs its adjacent business units to start showing profits. Broking is an important part of that strategy and the back to back product launches should take it towards that goal from Moneycontrol Latest News https://ift.tt/2JlmHix

Bank Nifty may continue to outperform, broader markets to remain strong in December

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The overall focus has now shifted towards broader markets which outperformed this week and technically it is looking strong for the December month. from Moneycontrol Latest News https://ift.tt/37nYWPn

Coronavirus state-wise tally November 30: Kerala#39;s COVID-19 tally nears 6 lakh

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With more than 18.2 lakh COVID-19 cases, Maharashtra has reported the highest number of infections, followed by Karnataka (8.8 lakh) and Andhra Pradesh (8.6 lakh). from Moneycontrol Latest News https://ift.tt/3mnNoSh

Broader markets to outperform Nifty, experts bullish on these 35 names

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The Nifty midcap is still 15 percent away and smallcap 52 percent away from their peaks hit in January 2018. from Moneycontrol Latest News https://ift.tt/37nKMNU

#39;Q2 GDP looks much better but no guarantee of improvement unless government spends more#39;

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One should draw comfort from the fact that the GDP number is better-than-expected, and the final GDP number for the whole year may be a shade better than what was thought before, says Dr Joseph Thomas of Emkay Wealth Management. from Moneycontrol Latest News https://ift.tt/39olv96

MC Insider: D-Street debuts, succession planning at condom maker, an agency’s dilemma and more

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Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power from Moneycontrol Latest News https://www.moneycontrol.com/news/business/mc-insider-d-street-debuts-succession-planning-at-condom-makeragency’s-dilemmamore_14538621.html

Exclusive: Bajaj, KTM parent firm restart talks on stake transfer

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Bajaj Auto holds 48% in the Austrian bike maker. The discussions are being held between Bajaj Auto International Holding BV, the Netherlands-based subsidiary, and Pierer Industrie AG, the parent company of Pierer Mobility AG. from Moneycontrol Latest News https://ift.tt/3mlJrxy

Need regular income after retirement? Here are some safe investment options

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Government securities are well-suited for long-term needs and give assured returns from Moneycontrol Latest News https://ift.tt/2VdaYFw

DAILY VOICE | Keeping in mind the volatility, prefer large midcap fund: Meeta Shetty of Tata Digital India Fund

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The thumb rule of investing is good management, decent balance sheets cash flows, and improving ROCE are the core for stock picking in any market scenario. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-keepingmindvolatility-prefer-largemidcap-fund-meeta-shettytata-digital-india-fund_14538561.html

Petrol price at Rs 89/litre in Mumbai, cost of diesel at Rs 72.42/litre in Delhi

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Petrol, diesel price today: While the prices of petrol and diesel remained unchanged in Mumbai and Delhi on November 30, they fell marginally in Gurugram, Noida and Chennai. from Moneycontrol Latest News https://ift.tt/3fQdHyg

Coronavirus News LIVE Updates: India#39;s COVID-19 tally breaches 94-lakh mark with 38,772 new cases

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Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country. from Moneycontrol Latest News https://ift.tt/2JoopzR

Break the stereotype: Buy High and Sell Higher, says Mayuresh Joshi

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Stocks on the new-high list tend to go higher in price, while those on the new-low list tend to go lower. Good quality products are always expensive, so are the good quality stocks. from Moneycontrol Latest News https://ift.tt/3mjYAiM

Prospects have improved, but a sustained positive trend in equities would require acceleration in economic activity, says Harshad Patwardhan of Edelweiss Asset Management

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The chief investment officer (equities) at Edelweiss Asset Management identifies geopolitical risks and governments#39; response to a possible second wave of infections as key monitorables from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/prospects-have-improved-butsustained-positive-trendequities-would-require-accelerationeconomic-activity-says harshad-patwardhan-of edelweiss-asset-management_14538501.html

Farmers#39; Protest LIVE Updates | Farmers refuse to move to Burari for talks, call it "open jail" threaten to block all entry points to Delhi

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Farmers#39; Protest LIVE Updates: A group of farmers marched to the national capital as part of their #39;Delhi Chalo#39; movement to protest against the Centre#39;s new farm laws from Moneycontrol Latest News https://www.moneycontrol.com/news/economy/farmers39-protest-live-updates-|-farmers-refuse-to-move-to-burari-for-talks-call-it-"open-jail"-threaten-to-block-all-entry-points-to-delhi_14538481.html

World stocks boast record-breaking month, led by Europe

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The rush to risk has also benefited oil and industrial commodities while undermining the safe-haven dollar and gold. from Moneycontrol Latest News https://ift.tt/3lkDdg3

Coronavirus News LIVE Updates: India#39;s COVID-19 tally likely to breach 94-lakh mark today

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Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 93.92 lakh. There are 4,53,956 active cases in the country. from Moneycontrol Latest News https://ift.tt/3ll1aDY

Crude oil at 8-month high, but rising US rigs, increased Libya production pandemic worries may limit upside

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Looking ahead, vaccine hopes and optimism over global economic recovery continue to offer lower level support to prices. from Moneycontrol Latest News https://ift.tt/3o92EmE

NSE, BSE shut today on account of Gurunanak Jayanti

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On November 27, the Sensex ended 110.02 points, or 0.25%, lower at 44,149.72, and the Nifty fell 18 points, or 0.14%, to close at 12,969. from Moneycontrol Latest News https://ift.tt/33v8PJE

Top 25,000 GST payers of October yet to file returns in November, tax officers to send reminders

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About 80 lakh sales return or GSTR-3B have been filed so far. from Moneycontrol Latest News https://ift.tt/37mSDeC

E-commerce firms monopolising market by violating FDI policy: CAIT to PM Narendra Modi

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CAIT in its letter to Prime Minister Narendra Modi said the absence of concrete action against big e-commerce companies like Amazon, Flipkart has led to a roadblock for small businesses to run their operations online from Moneycontrol Latest News https://ift.tt/37gzz1L

F1 race driver Romain Grosjean survives horror crash at Bahrain Grand Prix

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Romain Grosjean’s Haas car was ripped in half and engulfed in flames during the Formula One Bahrain Grand Prix on the opening lap On November 29. Though the Frenchman was escorted, he was seen limping, but officials confirmed that Grosjean was OK immediately after the crash from Moneycontrol Latest News https://ift.tt/39pjppn

After exiting Congress, Urmila Matondkar set to join Shiv Sena on November 30

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Urmila Matondkar will join the Shiv Sena on Monday. However, thus far no details of her joining the party have been shared from Moneycontrol Latest News https://ift.tt/3ldwk00

From small businesses to farmers, here#39;s how middle India is driving demand

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Farmers, benefiting from a bumper crop, are lapping up tractors while demand for personal vehicles, due to a lack of public transport and the need for safer travel options, has boosted sales of cars and motorcycles from Moneycontrol Latest News https://ift.tt/33utX2G