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Friday, August 30, 2019

How your banking universe changed | PSBs to usher in professionalism | 12 stocks to look at for direct equity SIP

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DAILY BRIEF

Fri, Aug 30, 2019

#Q1Results#SmallcapHunters#IPOs#ExpertViews#StockRecos
TOP OF THE DAY
How FM altered your banking universe in one stroke
The govt merged PNB, OBC and United Bank to create India's second largest lender.
FM unveils reforms to usher in professionalism in PSU banks
Market revival! SIPs in these 12 stocks can deliver big
Big bank mergers positive, but anchor lender stks to take a hit
PNB to be 2nd largest PSB post merger, Canara 4th, UBI 5th
Tech View: Nifty forms Hammer candle, needs follow-up buying
After market: PSU banks rally up to 13%; YES Bank, Idea, SBI see major action

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
General Insurance Corporation of India 5.65%
More from Gainers

Top Losers

NSE
1 company (largecap) price decreased more than -3%
Bharti Infratel -3.10%
More from Losers

52 Week High

NSE
14 companies touched new 52-week high today
Metropolis Healthcare Ltd. 8.41%
HDFC Asset Management Company Ltd. 4.92%
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.
Buffett turns 89! His wisdom right for beaten-down St
The Oracle of Omaha prefers to buy quality stocks at marked down prices.
This was the right time for PSB mergers: Sandeep Parekh
F&O: Nifty shows buoyancy, but resistance levels remain intact
A Rs 7.5 lakh bet in this stock made many crorepatis
RECOMMENDATIONS
Tata Chemicals Ltd. Buy
Cadila Healthcare Ltd. Buy
Sanofi India Ltd. Buy
Titan Company Ltd. Add
Ambuja Cements Ltd. Hold
How a polarised market turned Ulips into laggards
The broader market and several sectors have significantly underperformed.
RBI worked hard to deliver the bonanza to govt & how!
As market outlook dims, HNIs turn to realty, gold
View: Auto demand may not return in festive season
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FM Nirmala Sitharaman unveils a mega bank merger plan

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THE ECONOMIC TIMES
Fri, Aug 30, 2019 | 06:00 PM IST

Daily Newsletter

FM Nirmala Sitharaman unveils a mega bank merger plan

Finance Minister announced amalgamation of ten public sector banks into four big banks.

Slowdown gets real as India's GDP growth slows to over 6-year low

The biggest laggard was Manufacturing' sector, which saw a tepid growth of 0.6 percent....

Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder

Road construction costs are shooting up. Road infrastructure has become financially unviable....

7 changes in income tax laws from Sept 1

Here is the list of the seven main changes in tax laws that will come into effect from September 1.

India's race for facial recognition
India is in a rush to use facial recognition, but the data-protection bill is pending.
More From our Partners
Can packaging become a full-scale data carrier & digital tool? Tetra Pak thinks so
The future is now and it is digital!
FEATURED STORIES
India's new banking math after mega mergers India's new banking math after mega mergers
Finance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks. ...read more
How Sitharaman's GenNext PSBs affect you » 
An army of women could be behind your next iPhone » 
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Phone bank scams you should avoid falling for

The Internet can be a dangerous place. This is mostly due to scammers, who try to steal your money by getting hold of your personal data.

Confidence and sentiment have clearly improved in the last couple of weeks in economy Confidence and sentiment have clearly improved in the last couple of weeks in economy ...
Rashesh Shah, Chairman & CEO, Edelweiss Group
Market Watch 30 Aug | 06:00PM|
SENSEX NIFTY USD/INR GOLD
37332.79
263.86
11023.25
74.95
71.41
-0.37
38797.00
-6.00
MARKET NEWS
A Rs 7.5 lakh bet in this stock made many crorepatis in 5 years

The company has delivered strong operational performance during challenging times....

How a polarised market turned Ulips, equity funds out and out laggards

The broader market and several sectors have significantly underperformed. ...

Gainers Losers 30 Aug, 2019, 06:00PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Vodafone Idea 5.37 10.04 11088976 5.45 4.9
United Bank of India 10.42 10.03 60730 10.49 9.47
Essel Propack 107.15 9.95 16614 107.15 99.0
METROPOLIS 1162.20 8.90 7175 1175.0 1069.5
Oriental Bank of Commerce 73.50 8.25 246292 74.2 66.95
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Will global investors come to economy's rescue?
Will global investors come to economy's rescue?
Micromax founder's new offering: Electric bikes
Micromax founder's new offering: Electric bikes
Italy's Stromboli volcano erupts, sparking huge ash cloud
Italy's Stromboli volcano erupts, sparking huge ash cloud
Amazon to offer help for customers who search about suicide
Amazon to offer help for customers who search about suicide
More Slideshows
FROM THE NEWSPAPER
For retail chains, a fraught festive season arrives

The end-of-season sales have flopped. Cos are in a mad dash to revive footfalls and festive spending....

Lenders set in motion the great DHFL reset

DHFL's lenders will transfer Rs 30,000-32,000 cr of its Rs 42,000 cr wholesale loans outstanding to SPVs....

Study without paying a fee, pay back when you get a job

Income share agreement is an innovative education financing model that has huge potential in India....

Carmakers brace for a race against time

Such drives by carmakers have been used in the past as well, but the intensity has never been this fervent....

TV, print ad volumes picking up as festive season nears

The ad volumes for both television and print media were up by 10% and 8%, respectively, as per the latest data....

VIDEOS
Mega bank merger: FM  Nirmala Sitharaman
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ET More NewsletterCBI custody of Chidambaram extended till Sept 2
Fiscal measures to boost economy: Jyoti Vaswani
ET More NewsletterFiscal measures to boost economy: Jyoti Vaswani
Need for civility in public life: PM Modi
ET More NewsletterNeed for civility in public life: PM Modi
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ET PANACHE
What slowdown? Indians open to spending in festive season; 43% likely to splurge more than last year, 22% want to buy cars
What slowdown? Indians open to spending in festive season; 43% likely to splurge more than last year, 22% want to buy cars
How to ace festive dressing the Tarun Tahiliani way: Choose pastels, pair your lehenga with a Tee
How to ace festive dressing the Tarun Tahiliani way: Choose pastels, pair your lehenga with a Tee
Countdown to Rishi Kapoor's homecoming begins; wife Neetu shares heartfelt post
Countdown to Rishi Kapoor's homecoming begins; wife Neetu shares heartfelt post
Sustainable architecture: Mumbai's Soho House, Sardar Statue of Unity in World's Greatest Places list
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