Daily Market Feed Pre Market Report Another Fall In The West! Will Asian Markets Help NIFTY Recover? – Share Market Today News Shots Maruti Suzuki India expects an adverse impact on vehicle production in Haryana and Gujarat plants in December due to chip shortage. Total production volume across both locations to be around 80-85% of normal production. UltraTech Cement commenced mining of coal from its Bicharpur Coal mines situated in Madhya Pradesh. The mines have extractable […] Written by Amal M Prashanth December 1, 2021December 1, 2021
Daily Market Feed Pre Market Report Global Markets Recovering Slowly! 17,000 To Be Sustained? – Share Market Today News Shots The online bus ticketing platform redBus announced foray into rail ticketing with the launch of redRail, a rail ticket booking service in collaboration with IRCTC as their authorised partner. The B2B e-commerce firm Indiamart Intermesh has acquired a stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore. Dish TV, […] Written by Sharique Samsudheen November 30, 2021November 30, 2021
Daily Market Feed Pre Market Report Gap Up Opening!! 17,000 To Be A Support? – Share Market Today News Shots One97 Communication, the parent company of PayTM reported a widening of consolidated loss to about Rs 473 crore in the second quarter ended September 2021, mainly on account of increase in payment processing charges. The company had posted a loss of Rs 436.7 crore in the same quarter a year ago. IndusInd Bank, […] Written by Sharique Samsudheen November 29, 2021November 29, 2021
Daily Market Feed Pre Market Report Bloodbath in the Asian Markets! Global Weakness Continues – Share Market Today News Shots HDFC will raise up to Rs 10,000 crore by issuing bonds on a private placement basis to augment its long-term capital. Fitch Ratings has affirmed Bharti Airtel’s long-term foreign currency Issuer Default Rating (IDR) and senior unsecured rating at ‘BBB-‘. The outlook on the IDR is negative Tarsons Products stock will make its […] Written by Sharique Samsudheen November 26, 2021November 26, 2021
Daily Market Feed Pre Market Report Markets Trying to Stabilise and Recover Amidst Global Negative Cues – Share Market Today News Shots Taiwanese IT hardware firm Acer has roped in domestic electronic manufacturing services firm Dixon Technologies for making its laptops in India, both companies said in a joint statement on Wednesday. The facility will have a capacity to manufacture up to 5 lakh Acer laptops annually. ICICI Bank raised Rs 3,595 crore through infrastructure […] Written by Sharique Samsudheen November 25, 2021November 25, 2021
Daily Market Feed Pre Market Report SGX NIFTY in the Green. Can Market take Support? – Share Market Today News Shots Bharti Airtel’s credit outlook has been changed from stable to positive by Moody’s Investor Service. Zomato’s South African subsidiary has initiated the process of deregistration, as the company tries to shut down loss-making operations. The RBI has approved the appointment of Banavar Prabhakar to be part-time Chairman of Ujjivan Small Finance Bank for […] Written by Sharique Samsudheen November 24, 2021November 24, 2021
Daily Market Feed Pre Market Report A Global Negative Trigger Now! Sharp Fall in the US – Share Market Today News Shots Twin Star Holdings and Vedanta Netherlands Investments BV, the promoter companies of Vedanta, will be purchasing around 170 million shares at an offer price of Rs 350 per share, which is at a premium of 6.6 per cent to the last close price of Rs 328.35 apiece. Latent View Analytics, whose Rs 600-crore […] Written by Sharique Samsudheen November 23, 2021November 23, 2021
Daily Market Feed Pre Market Report Will Reliance React to Aramco News? – Share Market Today News Shots Reliance Industries has cancelled a proposed deal to sell a 20% stake in its oil refinery and petrochemical business to Saudi Aramco for $15 Billion(~Rs 1.1 lakh crores). PayTM said its gross merchandise value or payments made to merchants through its platform jumped 131% YoY to $11.2 Billion in October. IRB Infra said […] Written by Sharique Samsudheen November 22, 2021November 22, 2021
Daily Market Feed Pre Market Report Volatile Day for the Weekly Expiry? – Share Market Today News Shots One97 Communications, the parent company of PayTM, will get listed on the market today. The largest-ever IPO in India is expected to open with a gap-down at listing time. Sapphire Foods, the operator of KFC, Pizza Hut and Taco Bells in India, Sri Lanka and the Maldives will also list in the market […] Written by Sharique Samsudheen November 18, 2021November 18, 2021
Daily Market Feed Pre Market Report SGX NIFTY Indicating Gap-Down. Will 18,000 be Recovered? – Share Market Today News Shots Kotak Mahindra Bank and PVR launched a co-branded debit card, claiming to be the first ones to offer such a product in the movie and entertainment genre. Coal India allocated 72.1 percent higher quantity of coal at 17.34 million tonnes under the special forward e-auction scheme to the power sector during the April-September […] Written by Sharique Samsudheen November 17, 2021November 17, 2021
Daily Market Feed Pre Market Report SGX NIFTY Indicating Gap-Up. Can 18,200 be Broken? – Share Market Today News Shots Macrotech Developers has launched its Rs 4,000 crore qualified institutional placement(QIP) on Monday. The floor price is set at Rs 1,184.70/share which is at a discount of 7.8% to the current market price. Phoenix Mills and Canada Pension Plan Investment Board have entered into an agreement to develop a mixed-use office complex in […] Written by Sharique Samsudheen November 16, 2021November 16, 2021
Daily Market Feed Pre Market Report Can NIFTY Move Back Up? – Share Market Today News Shots PB Fintech, the parent PolicyBazaar and PaisaBazaar will list on the market today after raising Rs 5,625 crore via IPO. A 15-20% listing gain is expected over its issue price. Sigachi Industries and SJS Enterprises will also get listed today. Hero MotoCorp, the market leader in two-wheelers, reported a 22% fall YoY in […] Written by Sharique Samsudheen November 15, 2021November 15, 2021
The Escorts-Kubota Deal Explained On November 18, Escorts Limited announced that Japan-based Kubota Corporation will join the company as a co-promoter. The foreign entity will invest nearly Rs 9,400 crore in the tractor manufacturing company. With this investment, Escorts is looking to obtain a sizable share of the world’s largest tractor market— India. Dalal Street welcomed this news with […] Written by Anand P M November 23, 2021November 24, 2021
Why Was The PayTM IPO a Flop Show? India’s largest IPO in a decade has turned a flop show! One97 Communications Ltd, the parent company of digital payments app PayTM, lost 27% of its share price on the day of its listing. Domestic retail investors had high hopes on the Rs 18,300 crore IPO. Nevertheless, investors were left surprised when the shares were […] Written by Maarg Vaidya November 22, 2021November 22, 2021
Go Fashion (India) Ltd IPO: All You Need to Know 2021 has been a record year for companies turning public. Go Fashion (India) Ltd, a leading women’s bottom-wear brand based in Chennai, has launched its IPO today— Nov 17. The company holds a nearly 8% market share in the branded women’s bottom-wear market in India. Let us take a closer look into the company and […] Written by Cherian Varghese November 17, 2021November 17, 2021
