Auto ancillary sector revenue likely to decline 16-20 per cent in FY21: Ind-Ra Auto ancillary sector revenue likely to decline 16-20 per cent in FY21: Ind-Ra Nidhi Jani / Wednesday, September 30, 2020 / Article rating: 5.0 According to the report, auto ancillaries with high exposure to the commercial vehicle segment are expected to continue to be the worst impacted, especially those with a higher two-wheeler, passenger vehicle, or tractor segment exposures.
Nifty trend and stocks in action on September 30, 2020 Nifty trend and stocks in action on September 30, 2020 Karan Dsij / Wednesday, September 30, 2020 / Article rating: 4.6 Traders need to be cautious about the long positions unless the resistance level of 11,305 is taken out on the upside. Stocks in news: Reliance Industries, Godrej Properties, TCS, Indiabulls Housing Finance, Welspun Corp.
Taking cues from Asian peers, SGX Nifty indicates positive start! Taking cues from Asian peers, SGX Nifty indicates positive start! Karan Dsij / Wednesday, September 30, 2020 / Article rating: 4.9 The early indication from SGX Nifty indicates that the bulls are likely to make a comeback on D-Street after taking a pause on Tuesday amid positive cues from Asian peers. SGX Nifty is trading up by 26 points at 11,269.50 levels.
BSE Equity Derivatives Segment gains momentum aided by investors interest in Sensex 50 contracts BSE Equity Derivatives Segment gains momentum aided by investors interest in Sensex 50 contracts Geyatee Deshpande / Tuesday, September 29, 2020 / Article rating: 5.0 Attracting investor confidence and seeing wider investor participation, BSE’s equity derivatives segment reported a new all time high daily turnover record of Rs 168450 crore as on September 29, 2020.
UltraTech Cement forms a double bottom pattern UltraTech Cement forms a double bottom pattern Vinayak Gangule / Tuesday, September 29, 2020 / Article rating: 3.5 On Tuesday, the stock has given a neckline breakout of double bottom formation, backed by strong volumes. Additionally, the stock formed a sizeable bullish candle on the breakout day, which adds strength to the breakout.
IRCTC features as Bollinger Band Squeeze pick IRCTC features as Bollinger Band Squeeze pick Vinayak Gangule / Tuesday, September 29, 2020 / Article rating: 3.7 The stock of Indian Railway Catering & Tourism Corporation Limited (IRCTC) has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.
Sensex, Nifty close flat; Tata Steel shines, Route Mobile locks in at lower circuit of 10 per cent Sensex, Nifty close flat; Tata Steel shines, Route Mobile locks in at lower circuit of 10 per cent Geyatee Deshpande / Tuesday, September 29, 2020 / Article rating: 5.0 On Tuesday, the domestic benchmark indices closed flat with a negative bias. The markets remained volatile during today’s trading session as Sensex closed down by mere 8.41 points or 0.02 per cent at 37,973.22 levels while Nifty was down by mere 5.15 points or 0.05 per cent at 11,222.40 levels.
Symphony shines on launching first air cooler for industrial & commercial applications Symphony shines on launching first air cooler for industrial & commercial applications Ganesh V / Tuesday, September 29, 2020 / Article rating: 4.6 The world’s largest manufacturer of air coolers, Symphony Ltd informed on Monday after the market hours that it has launched universal packaged air coolers for industrial and commercial applications.
SBI Cards & Payment Services collaborate with American Express SBI Cards & Payment Services collaborate with American Express Nidhi Jani / Tuesday, September 29, 2020 / Article rating: 4.3 On capital adequacy, the company's capital-to-risk ratio, consisting of tier I and tier II capital was 24.4 per cent as against 18.9 per cent by June 2019, which was higher than the regulatory requirement. The company's focus on non-discretionary and digital spends translated into healthy loans to Rs 23,300 crore.
TRAI Chief remarks on bright future of telecom sector TRAI Chief remarks on bright future of telecom sector Nidhi Jani / Tuesday, September 29, 2020 / Article rating: 3.4 TRAI Chief said while every sector has its share of ups & downs and variations, the telecom industry has steered through the troublesome period during the pandemic, handling not only the spike in demand but also the changes in the pattern of traffic, as network loads shifted from enterprise premises to homes.