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Wednesday, June 5, 2019

DHFL in deep waters as Crisil slashes its CP rating to 'default'

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THE ECONOMIC TIMES
Wed, Jun 05, 2019 | 05:20 PM IST

Daily Newsletter

DHFL in deep waters as Crisil slashes its CP rating to 'default'

The downgrade reflects delays in debt servicing by DHFL on some of the firm's NCDs.

Inside Gadkari's 5-yr plan to crank up growth

Gadkari said that the priority for him will be "rolling out all stuck highway projects"....

A lawsuit is testing Walmart's business model in India

GOQii sued Flipkart last month , alleging its devices were discounted by around 70%....

Nurses may get lateral entry into MBBS

The draft National Education Policy 2019 has suggested sweeping changes in medical education.

DMart: private labels and online need a push
DMart's margins have started shrinking and quarterly profit growth has turned sluggish.
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Evolving dynamics of MSME lending industry – A perspective from MSME Pulse by Vipul Mahajan
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Budget may give PSU non-life cos Rs 4,000 cr boost Budget may give PSU non-life cos Rs 4,000 cr boost
The then Finance Minister Arun Jaitley in the Budget speech had announced that the three companies would be merged in...read more
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World Bank retains India's growth rate at 7.5 per cent » 
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Market Watch 5 Jun | 05:20PM|
SENSEX NIFTY USD/INR GOLD
40083.54
-184.08
12021.65
-66.90
69.25
-0.01
32490.0
86
MARKET NEWS
Falling yields show stocks rally won't replicate 2014-15 bull run

Flattening of yield curves has been more pronounced after the general elections. ...

It's a great time to invest for the long term

In the language of traders, the Indian equity markets are seeing now is a 'relief rally.'...

Gainers Losers 5 Jun, 2019, 05:20PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Mas Financial Services 587.60 9.81 2577 604.65 542.0
IDBI Bank 39.70 7.59 1858290 40.55 36.7
Rail Vikas Nigam 27.70 5.52 2106857 28.3 25.75
Shriram City Union Finance 1614.50 4.77 326 1641.15 1537.6
Balrampur Chini Mills 163.05 4.22 261337 164.0 157.2
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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Meet the crusaders fighting to help Bengaluru breathe
Meet the crusaders fighting to help Bengaluru breathe
After polls, the blame game season begins
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Cute or creepy: Why we love some species, loathe others
Cute or creepy: Why we love some species, loathe others
World Environment Day 2019: Know why biodiversity matters
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FROM THE NEWSPAPER
IL&FS case: Lookout circulars issued against six IFIN ex-directors

SFIO seeks move against accused directors to keep them 'from escaping the country' while probe is on....

Serious Fraud Investigation Office lens on IL&FS auditors

Thirty five audit firms of IL&FS, ITNL are under scrutiny of SFIO, may be served notices soon....

About 100 mn people make ePayments once a month, claims Nandan Nilekani-led panel

This could be one of the first official acknowledgements of the total number of digitally transacting active users i...

Tata Sons buys back NCDs worth Rs 3,000 cr from LIC

LIC had purchased the NCDs issued by the holding company over the past few years....

Government at work to give women a bigger role

Under consideration are tax incentives for companies that employ women above a threshold....

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Krishna Memani's word of caution for Modi | Trade setup for money policy day | DHFL downgraded

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DAILY BRIEF

Wed, Jun 05, 2019

#ValueInvestor#SmallcapHunters#Paathshala#ExpertView#Podcast
TOP OF THE DAY
Trade setup: Nifty yet to confirm a breakout; protect your profit
The stock market is likely to make a stable start to the trade on Thursday.
Crisil downgrades DHFL's CP rating to 'default' grade
Mkt euphoria may fade unless Modi fixes the economy: Memani
Falling yields show stocks rally won't replicate 2014-15 bull run
It's a great time to invest for the long term
Nifty poised to hit new highs after RBI policy: Analysts
Can physical shares be accepted in buybacks, companies ask Sebi

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
IDBI Bank 7.73%
More from Gainers

Top Losers

NSE
6 companies (largecap) price decreased more than -3%
Page Industries -4.68%
Ambuja Cements -4.30%
More from Losers

52 Week High

NSE
38 companies touched new 52-week high today
Avadh Sugar & Energy Ltd. 8.91%
JIK Industries 6.67%
More from 52 Week High
AdvertorialNegotiation strategies for women for a higher salary
AdvertorialUnderstanding the perks and woes of business travel
LIC buys over Rs 8,000 crore of state bonds
Insurer goes slow in buying corporate bonds after a series of rating downgrades for borrowers.
Central banks are poised to act as world economic warnings flash
Gold firms near 3-month peak as Fed rate cut expectations grow
Cement got back its mojo in FY19; this year it'll rake in the moolah
RECOMMENDATIONS
Ashok Leyland Ltd. Accumulate
Jamna Auto Industries Ltd. Buy
Sadbhav Engineering Ltd. Buy
Ratnamani Metals & Tubes Ltd. Buy
Butterfly Gandhimathi Appliances Ltd. Hold
Allahabad Bank hopes to return in black in Q1
The lender expects slippages to moderate and be contained at around 1 per cent per quarter.
Tata Sons buys back NCDs worth Rs 3,000 cr from LIC
Bitcoin indicator flashes a sell signal as slump accelerates
India's leadership in e-payments cemented by strong rules: RBI
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