Daily Market Feed Pre Market Report Weakness in the Asian Markets. Watch Out 17,950 and 17,800 – Share Market Today News Shots Reliance Industries is in talks to invest between $200 million and $250 million in InMobi’s lock screen content platform Glance. Lenders led by State Bank of India (SBI) are set to log recoveries of Rs 37,400 crore this week, as Piramal Capital and Housing Finance’s (PCHF) acquisition of Dewan Housing Finance (DHFL) should […] Written by Sharique Samsudheen September 28, 2021September 28, 2021
Daily Market Feed Pre Market Report SGX NIFTY at All-Time High. Can NIFTY Claim 18,000? – Share Market Today News Shots Zee Entertainment’s largest investor Invesco once again called for an extraordinary general meeting (EGM) to discuss the ouster of three directors showing that the tussle for control continues. Jindal Steel and Power aims to start mining at Kasia iron ore block within a month, after announcing on Thursday it won the block, which […] Written by Sharique Samsudheen September 27, 2021September 27, 2021
Daily Market Feed Pre Market Report Expect Consolidation as the Asian Markets Cool Down – Share Market Today News Shots YES Bank, the largest shareholder of Dish TV India, has asked the satellite television service provider to hold an extraordinary general meeting (EGM) of shareholders and act on its recommendations to reconstitute the company’s board. India’s largest telecom operator Reliance Jio added 65 lakh mobile subscribers in July, outpacing rivals, and Airtel added […] Written by Sharique Samsudheen September 24, 2021September 24, 2021
Daily Market Feed Pre Market Report Super Bullishness in Global Markets. SGX at 17,650! – Share Market Today News Shots Telecom operator Bharti Airtel’s Rs 21,000 crore rights issue will open on October 5. Adani Ports has concluded the acquisition of the remaining 10.4 percent stake in Gangavaram port from the Andhra Pradesh government for Rs 645 crore. Vodafone Idea will seek board approval afresh to raise funds after the government issued detailed […] Written by Sharique Samsudheen September 23, 2021September 23, 2021
Daily Market Feed Pre Market Report US Consolidates and Asia Weakens – Share Market Today News Shots Infosys announced its collaboration with digital workflow company ServiceNow to provide enterprise-level service management for customers in manufacturing industries. The private lender Kotak Mahindra Bank announced its foray into the healthcare lending space, where it will be taking exposures of up to Rs 15 crore apiece. Zee Entertainment has signed a merger deal […] Written by Sharique Samsudheen September 22, 2021September 22, 2021
Daily Market Feed Pre Market Report Asian Markets Stabilize Despite Crash Worries. Expect Volatility – Share Market Today News Shots Larsen & Toubro said its wholly-owned subsidiary won a significant order from Petronet LNG. Adani Ports’ acquisition of over 10% stake in Gangavaram Port Ltd from the Andhra Pradesh government was approved by the Competition Commission of India(CCI). Yes Bank announced a partnership with Visa for credit card issuances, after RBI paused issuance […] Written by Sharique Samsudheen September 21, 2021September 21, 2021
Daily Market Feed Pre Market Report Global Markets Continue to Fall. SGX NIFTY Below 17,500 – Share Market Today News Shots Wipro announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate the adoption of cloud services. Hero MotoCorp is set to launch a Harley-Davidson model bike with retro styling and entering the premium motorcycle space. Cadila Healthcare received approval from the USFDA to market Vortioxetine Tablets, used to treat depression, […] Written by Sharique Samsudheen September 20, 2021September 20, 2021
Daily Market Feed Pre Market Report Asian Markets in the Green. All Eyes on BANK NIFTY – Share Market Today News Shots Hero Motocorp will increase the price of its entire model range by up to Rs 3,000 from next week in order to partially offset the impact of rising input costs. Kotak Mahindra Bank acquired the German carmaker Volkswagen’s captive vehicle finance business for an undisclosed sum. JSW Steel has raised USD 1 billion […] Written by Sharique Samsudheen September 17, 2021September 17, 2021
Daily Market Feed Pre Market Report US Up, Asia Down! Consolidation with Volatility? – Share Market Today News Shots The Centre approved a PLI scheme for the auto sector, especially focusing on environment-friendly automobiles such as electric vehicles (EVs). The over Rs 25,000 crore scheme is likely to boost the production of components as well as give a push to the sector. Auto Stocks to be watched. The telecom services providers like […] Written by Sharique Samsudheen September 16, 2021September 16, 2021
Daily Market Feed Pre Market Report SGX Nifty in the Green! Real Reason for ZEEL Rally – Share Market Today News Shots Most Asian markets are in the red today after the U.S. announced its inflation data which showed lower than expected inflation for the month of August. Interestingly, SGX Nifty is indicating a gap-up currently. Life Insurance Corporation(LIC) of India’s stake in LIC Housing Finance increased to 45.23% from 40.31% after preferential allotment of […] Written by Sharique Samsudheen September 15, 2021September 15, 2021
Daily Market Feed Pre Market Report Will the Consolidation be Broken? – Share Market Today News Shots Infosys has bought back over 5.58 crore equity shares as part of its about Rs 9,200 crore buyback offer. The shares were bought back at a volume weighted average price of Rs 1,648.53 per equity share. An arm of Kotak Mahindra Bank announced a Rs 1,000-crore investment into a third-party logistics (3PL) business […] Written by Sharique Samsudheen September 14, 2021September 14, 2021
Daily Market Feed Pre Market Report Global Markets Are Weak Again! Will Our Strength Continue? – Share Market Today News Shots Reliance Industries has delayed the launch of its ultra low-cost smartphone it is developing with Google, to Diwali, possibly due to semiconductor shortages that the industry is facing. International rating agency S&P maintained Bharti Airtel’s credit rating of “BBB-“, and upgraded outlook to stable from negative, indicating the company’s improved financial status and […] Written by Sharique Samsudheen September 13, 2021September 13, 2021
What Led to the 40% Rally in ZEEL? The shares of India’s largest media house, Zee Entertainment Enterprises Ltd (ZEEL), surged 40% to hit Rs 261.55 on Tuesday. It was a stellar intraday rally. The shares of its group companies such as Zee Media (+5%) and Zee Learn (+20%) were also locked in their respective upper circuit limits on Tuesday. Unfortunately, ZEEL has […] Written by Cherian Varghese September 16, 2021September 16, 2021
India’s Richest Investor: Radhakishan Damani The Indian stock market is passing through a golden era. It has molded sharp, disciplined, and inspiring investors over the years. Radhakishan Damani is one such individual who has taught us the beauty of value investing. He has applied analytical skills to build India’s largest retail supermarket chain, DMart. From living at a one-bedroom apartment […] Written by Anand P M September 15, 2021September 16, 2021
Sansera Engineering Ltd IPO: All You Need to Know The IPO frenzy continues in the Indian stock markets. Sansera Engineering Ltd, one of the leading auto components manufacturers in our country, has launched its three-day initial public offering (IPO) today— September 13. In this article, we take a closer look into the company and its IPO. Company Profile – Sansera Engineering Ltd Sansera Engineering […] Written by Cherian Varghese September 14, 2021September 14, 2021
