Ten stocks close to their 52-week low Ten stocks close to their 52-week low Abhishek Kapoor / Thursday, January 23, 2020 / Article rating: 4.5 The market opened in the green on 23rd January. The previous day witnessed the Sensex going down by 208.43 points to end at 41,115.38 and the Nifty was down by 62.95 points to close at 12,106.90.
Cipla receives USFDA observations for its Goa manufacturing facility Cipla receives USFDA observations for its Goa manufacturing facility Anthony Fernandes / Thursday, January 23, 2020 / Article rating: 3.8 Drug firm Cipla announced that it has received observations from United States Food and Drug Administration (USFDA) for its Goa manufacturing facility.
Axiscades Engineering zooms on strong order offtake Axiscades Engineering zooms on strong order offtake Pratik Shastri / Thursday, January 23, 2020 / Article rating: 2.6 The Aerospace customer has renewed contract with an increase scope of delivery and additional areas of business. The company also signed a new contract with Heavy Engineering customer in North America.
Emami Group takes bold steps to cut debt; plans to sell its hospital Emami Group takes bold steps to cut debt; plans to sell its hospital Avalokita Pandey / Thursday, January 23, 2020 / Article rating: 4.3 One of the major skin care and healthcare brands in India, Emami Group, is in talks with American multinational investment bank-JP Morgan for raising Rs 1,500 crore through Non-Convertible Debentures (NCDs).
Index trend and stocks in action on January 23, 2020 Index trend and stocks in action on January 23, 2020 Karan Dsij / Thursday, January 23, 2020 / Article rating: 4.5 We expect to witness a pullback rally, but the sell on rise would be a preferred strategy for the market participants as long as Nifty stays below the 12,250 mark. Stocks in news: Oil India, UPL, Datamatics Global Services, Cipla, MRF, ITI.
Indian markets likely to open on cautious note Indian markets likely to open on cautious note Karan Dsij / Thursday, January 23, 2020 / Article rating: 5.0 In the early trend, SGX Nifty is trading above the dotted lines indicating a flat to positive opening for Indian markets. However, cautious would continue to prevail on the D-Street as the global cues could play a spoil sport as the markets participants assess China virus impact. At the time of writing, SGX Nifty was up by 6 points at 12,146 levels.
Adani Capital acquires MSME loan business Adani Capital acquires MSME loan business Rishikesh Gaikwad / Wednesday, January 22, 2020 / Article rating: 4.0 Billionaire Gautam Adani-controlled Adani Group’s non-banking financial arm has acquired Essel Finance’s Micro, Small and Medium Enterprise (MSME) loan business
Edelweiss Financial Services arm raises fund via NCDs Edelweiss Financial Services arm raises fund via NCDs Pratik Shastri / Wednesday, January 22, 2020 / Article rating: 3.0 The stated debentures offer an effective yield of up to 10.25 per cent along with 0.20 per cent additional interest for tenure of 18 months, 36 months, 60 months and 120 months.
Quarterly results to watch out on January 23 Quarterly results to watch out on January 23 Geyatee Deshpande / Wednesday, January 22, 2020 / Article rating: 4.2 The following stocks will be in focus during Thursday’s trading session in the light of their result announcements: Biocon, PVR, Radico Khaitan, HDFC Life Insurance Company and Cholamandalam Investment Finance Company.
ICICI Lombard gets regulatory nod to pilot 5 proposals ICICI Lombard gets regulatory nod to pilot 5 proposals Anthony Fernandes / Wednesday, January 22, 2020 / Article rating: 3.3 ICICI Lombard announced that it has received a green signal to pilot five innovative applications and programs in its health and motor portfolio under the Insurance Regulatory and Development Authority of India (IRDAI) introduced Sandbox project. The company is to pilot the five proposals from February 1, 2020 to July 31, 2020.