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Wednesday, October 9, 2019

Rs 16,000 crore Diwali bonanza for govt employees

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THE ECONOMIC TIMES
Wed, Oct 09, 2019 | 04:48 PM IST

Daily Newsletter

Rs 16,000 crore Diwali bonanza for govt employees

The hiked rate will be applicable retrospectively from July this year.

SBI cuts interest rate on savings accounts, fixed deposits

This is a U-turn from the bank's stance in August, where it had stated that it will keep interest rates on savings ac...

Sensex jumps 646 points: Key factors driving the rally

However, analysts are advising investors to wait and see if the market can sustain the rally....

The Rs 23,000 crore reason why LIC isn't worried about markets

Last year, LIC made Rs 23,000-cr profit from equity and have crossed Rs 11,500-cr profit on equity this year.

The Boeing 737 MAX crisis fallout
Pilots' skills and Boeing's safety standards come under close scrutiny.
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Evolving dynamics of MSME lending industry – A perspective from MSME Pulse by Vipul Mahajan

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Effect of global 'slowdown' is 'more pronounced' in India Effect of global 'slowdown' is 'more pronounced' in India...
Kristalina Georgieva, IMF chief
Market Watch 9 Oct | 04:48PM|
SENSEX NIFTY USD/INR GOLD
38177.95
645.97
11313.30
186.90
71.05
0.01
38357.00
-26.00
MARKET NEWS
Indians are going to the movies to escape slowing economy, cinema owner says

The cinema business has been booming as there is negativity around and people are flocking to movie theaters to escap...

17% return in a month! PMSes make good money for HNIs

PMSes run by Kolkata-based Basant Maheshwari delivered 15.67 per cent in September....

Gainers Losers 9 Oct, 2019, 04:48PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Indiamart Intermesh 2261.55 17.76 46775 2304.65 1940.0
Vodafone Idea 5.84 14.06 28958122 5.97 5.16
Affle (India) 1237.90 12.05 28755 1269.2 1094.0
NCC 52.20 10.83 2054729 52.7 46.4
Raymond 601.85 10.01 118768 613.0 560.0
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
A look at IAF's all-new Rafale jet
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Roadblocks b/w Greta Thunberg & Nobel
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B'day tragedy hits Mexico's boat biz
B'day tragedy hits Mexico's boat biz
After NBA, Apple is China's next target
After NBA, Apple is China's next target
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India's top law firms on the hook as IL&FS probe intensifies

SFIO demands info for the past 10 years from top law firms who have reached out to IL&FS for its consent....

A 3-decade old saga of error at HLL, Lipton

The payment which created confusion was recorded as "loans and advances" in the books of the companies with an 'expla...

Telcos now wooing students headed overseas

Although international roaming accounts for 2-3% of their revenue, telcos are keen on attracting such subscribers....

Modi govt is making a bold vaccination bet

Halving time for approval, sidestepping animal testing of vaccines is on the cards....

IBC cases could become less stressful

Centre aims to quicken resolution proceedings by setting a time limit for financial bids....

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Tuesday, October 8, 2019

Auto firms may see more pain in Q2 earnings | Trade setup for Wednesday | A good asset diversification strategy

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DAILY BRIEF

Tue, Oct 08, 2019

#CrudeOil#SmallcapHunters#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
Trade setup: Nifty mildly oversold, may see short-covering at lower levels
Wednesday's session is likely to see 11,190 and 11,260 levels act as resistance points.
Slowdown-hit auto firms headed for another disappointing quarter
Growth-focused rate cuts make bonds and debt funds good bets
Experts say Series-V gold bond a good option for diversification
What is required next to kick off the growth cycle in the economy?
Select midcap stocks on radar, can give up to 55% returns
Maruti may draw more investors after August bounce

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
Zee Ent. 6.19%
More from Gainers

Top Losers

NSE
5 companies (largecap) price decreased more than -5%
Aurobindo Pharm -18.97%
Piramal Ent. -7.18%
More from Losers

52 Week High

NSE
20 companies touched new 52-week high today
ATN Intnl 12.50%
Mahickra Chemicals Ltd. 7.45%
More from 52 Week High
AdvertorialPenalty you will pay for missing ITR filing deadline and who won't have to pay
If you file your return after midnight of Aug 31, then you are liable to pay a late fee of upto Rs 10,000.
AdvertorialGen 5 Fossil Touchscreen Smartwatch comes with Google Assistant, multi-day battery life
The inbuilt speaker allows the wearer to answer phone calls right from the wrist.
NBFCs set to see another quarter of moderating profits
But the cost of acquiring funds for smaller NBFCs has been high due to credit risks.
Zee investors to gain if promoters cut stake or divest non-core assets
Hong Kong bourse scraps $39 bn play for London Stock Exchange
Sebi's FPI rules may leave Mauritius at sea
RECOMMENDATIONS
Voltas Ltd. Buy
Reliance Industries Ltd. Buy
Apollo Hospitals Enterprise Ltd. Buy
Indian Hotels Company Ltd. Buy
Tata Consultancy Services Ltd. Buy
Emerging-market investors don't expect an olive branch in trade talks
Impeachment proceedings have also spurred concern that it may hinder Trump's hand in the negotiations.
FM's moves may not have come in time for Q2 revival
End of Libor: Biggest banking challenge you've never heard of
Goldman says Trump's tweets attacking Fed don't move markets
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