Daily Market Feed Pre Market Report SGX Nifty Higher. Bank Nifty at Key Support! – Share Market Today News Shots SBI Cards may see a sell-off with US private equity fund Carlyle looking to sell a 5.1% stake in SBI Cards and Payment Services worth ~Rs 5,000 crore through a block deal on Friday. The share was already 2.5% down yesterday. Religare Enterprises is considering an IPO worth Rs 2,000 crore for its […] Written by Sharique Samsudheen June 18, 2021June 18, 2021
Daily Market Feed Pre Market Report Global Markets Fall After Fed Announcement! SGX NIFTY down 100 Points! – Share Market Today News Shots The US markets fell heavily (and recovered partially later) after the Fed made their announcements after the policy meeting. They hinted at least two interest rate hikes in 2023, a year earlier than forecasted in the March meeting. They also talked about reducing their bond buying programme. All these were discussed as they […] Written by Sharique Samsudheen June 17, 2021June 17, 2021
Daily Market Feed Pre Market Report Global Negativity! Wednesday Volatility? – Share Market Today News Shots ICICI Bank has raised over Rs 2,827 crore by issuing bonds on a private placement basis. Wipro extended its partnership with Levi Strauss & Co. The four-year agreement builds upon the companies’ existing collaboration in digital commerce, infrastructure, and finance. Wipro will provide Global IT support services across Levi Strauss & Co.’s consumer […] Written by Sharique Samsudheen June 16, 2021June 16, 2021
Daily Market Feed Pre Market Report BANK NIFTY to Sustain 35,000? – Share Market Today News Shots The accounts of three foreign funds that are big stakeholders of Adani group companies are not frozen, a top official of the National Securities Depository Ltd (NSDL) informed Adani Group. SBI Cards and Payment Service approved allotment of 5,000 unsecured NCDs of Rs 10 lakh each aggregating to Rs 500 crore on a […] Written by Sharique Samsudheen June 15, 2021June 15, 2021
Daily Market Feed Pre Market Report Adani Worry in The Market! Week to Open Negative – Share Market Today News Shots NSDL has frozen the accounts of three foreign funds — Albula Investment Fund, Cresta Fund and APMS Investment Fund — which together own over Rs 43,500 crore worth of shares in four Adani Group companies. The entities, which are registered at the same address in Port Louis and do not have websites, together […] Written by Sharique Samsudheen June 14, 2021June 14, 2021
Daily Market Feed Pre Market Report Nifty Looks to Close the Week in Green – Share Market Today News Shots The U.S reported Consumer Price Inflation data yesterday. It jumped 5% in May from last year. This is the fastest jump since the 2008 financial crisis. U.S Markets surprisingly reacted well to the data and closed in green. OIL India board meeting on June 21 to consider and approve the audited financial results […] Written by Sharique Samsudheen June 11, 2021June 11, 2021
Daily Market Feed Pre Market Report Eyes on Banks Again! Expiry Volatility to Kick In? – Share Market Today News Shots Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce softwares. Tata Motors board to meet on June 14 to consider raising Rs 500 crore via non-convertible debentures. A proxy advisory firm has raised questions on PNB Housing Finance’s decision to […] Written by Sharique Samsudheen June 10, 2021June 10, 2021
Daily Market Feed Pre Market Report 35,000 Crucial Support for BANK NIFTY! Consolidation with Negative Bias? – Share Market Today News Shots Bank of Baroda will conduct an e-auction of as many as 46 NPA accounts later this month to recover dues of Rs 597.41 crore. Financial services player Religare Enterprises proposes to raise Rs 570 crore via preferential issuance of shares to a clutch of investors, including existing shareholders, to fund its business plans. […] Written by Sharique Samsudheen June 9, 2021June 9, 2021
Daily Market Feed Pre Market Report Flat Global Markets! NIFTY to Consolidate? – Share Market Today News Shots BPCL is setting up a 50,000 metric tonne per annum super absorbent polymer plant at the Kochi Refinery, the technology for which was developed in-house. Infosys announced a collaboration with Archrock, Inc., a leading provider of natural gas compression services in the U.S, to integrate digital technologies and mobile tools for its field […] Written by Sharique Samsudheen June 8, 2021June 8, 2021
Daily Market Feed Pre Market Report Profit Booking to Kick In? – Share Market Today News Shots Tata Consumer Products has forayed into the premium roast and ground coffee segment with the launch of ‘Sonnets By Tata Coffee’. Emami has raised product prices on an average by four per cent in the current fiscal to offset the present input cost pressure that will help the company to retain a gross […] Written by Sharique Samsudheen June 7, 2021June 7, 2021
Daily Market Feed Pre Market Report Global Markets Weak! NIFTY to Cool Down? – Share Market Today News Shots RBI Monetary Policy Committee decision will be announced today. Repo rate is likely to be unchanged. Britannia Industries has approved a proposal to raise Rs 698.51 crore by issuing bonus debentures to eligible equity shareholders. Telecom gear maker Nokia and HFCL will participate in the Rs 12,195-crore telecom PLI scheme. Domestic air traffic […] Written by Sharique Samsudheen June 4, 2021June 4, 2021
Daily Market Feed Pre Market Report SGX NIFTY at 15,700! Tricky Expiry? – Share Market Today News Shots Wipro has sold its entire stake in Denim Group, a provider of application security firm, for $22.4 million (about Rs 160 crore) Tata Power’s wholly-owned subsidiary, Tata Power Solar, has received a Letter of Award to build 210 MWp of Solar PV projects for NTPC in Gujarat. The total order value of the […] Written by Sharique Samsudheen June 3, 2021June 3, 2021
Sona Comstar IPO: All You Need to Know The IPO frenzy has returned to the Indian stock markets. Sona BLW Precision Forgings, one of the leading auto components manufacturers in the world, had launched its three-day initial public offering (IPO) on June 14. In this article, we take a closer look into the company and its IPO. Company Profile – Sona BLW Precision […] Written by Cherian Varghese June 15, 2021June 15, 2021
Shyam Metalics and Energy IPO: All You Need to Know The IPO land has been barren in the past few weeks but now the IPO run is set to begin again. The company kicking it off is Shyam Metalics and Energy Limited who will be launching its IPO from June 14 to June 16. Let’s discuss what the IPO is all about. About the Company […] Written by Sanidhya Bhardwaj June 14, 2021June 14, 2021
An Analysis of Laxmi Organic Industries India is considered the fastest-growing market for speciality chemicals in the world. The agrochemical, pharmaceutical, and textile industries depend on a steady supply of speciality chemicals for their day-to-day production activities. There are a large number of companies in our country that manufacture such chemicals in bulk. In this article, learn more about Laxmi Organic […] Written by Cherian Varghese June 11, 2021June 11, 2021
