Index trend and stocks in action February 01, 2019 Index trend and stocks in action February 01, 2019 Karan Dsij / Friday, February 1, 2019 / Article rating: 5.0 Going ahead, the 200-day moving average, which is placed around 10,843, is likely to act as an immediate hurdle, followed by 10,980. Stocks in news: UPL, ICICI Lombard General Insurance, Bank of India, Varun Beverages and Oriental Bank of Commerce.
Markets eagerly awaiting budget proposals Markets eagerly awaiting budget proposals Karan Dsij / Friday, February 1, 2019 / Article rating: 5.0 Key benchmarks may begin the first trading session for the month of February on positive note and once the budget announcement begins we will see the markets reacting to the budget proposals. Traders will be getting encouragement with GST collections in January crossing the Rs 1 lakh crore mark and the statistics office's revision of the growth rate for India’s gross domestic product data for financial years 2016-18 and 2017-18. The GDP growth for FY17 was revised from 7.1 per cent earlier to 8.2 per cent and for FY18 from 6.7 per cent earlier to 7.2 per cent.
Results to watch out on Friday, February 1 Results to watch out on Friday, February 1 Shohini Nath / Thursday, January 31, 2019 / Article rating: 3.4 The following stocks would be in focus during Friday’s trading session in light of their results announcement on February 1: Berger Paints, Dr. Rreddy, Deepak Nitrite, Jubilant Life sciences and Titan.
FMCG sector aims double digit growth FMCG sector aims double digit growth Aakash Makhija / Thursday, January 31, 2019 / Article rating: 5.0 FMCG industry is expected to grow between 11 and 12 per cent in 2019, stated a study by market research firm Nielsen. This growth rate is a little lower than the 13.8 per cent growth attained in 2018.
LT bags ethylene glycol orders from IOC LT bags ethylene glycol orders from IOC Shohini Nath / Thursday, January 31, 2019 / Article rating: 5.0 Arm of L&T, L&T Hydrocarbon Engineering has won two major orders from Indian Oil Corporation Limited (IOC) for Ethylene Glycol project. Shares gain on intraday basis.
BHEL received two nuclear project orders BHEL received two nuclear project orders Aakash Makhija / Thursday, January 31, 2019 / Article rating: 5.0 These orders involve manufacture and supply of four moderator Heat Exchangers and 18 D20 Heat Exchangers for the 2x700 MWe Pressurised Heavy Water Reactors (PHWRs) to be installed at Gorakhpur Haryana Anu Vidyut Pariyojna (GHAVP) in Fatehabad district of Haryana.
UPL Limited features as Bollinger Band Squeeze pick UPL Limited features as Bollinger Band Squeeze pick Vinayak Gangule / Thursday, January 31, 2019 / Article rating: 4.0 UPL Limited gets picked up by our Bollinger Band Squeeze scanner, suggesting that a consolidation breakout is expected in the near-term. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline in the stock.
Essar Steel: NCLAT rejects plea of operational creditor. Essar Steel: NCLAT rejects plea of operational creditor. Aakash Makhija / Thursday, January 31, 2019 / Article rating: 4.0 After being rejected by NCLT, the promoters moved to the National Company Law Appellate Tribunal (NCLAT). On Wednesday, even NCLAT declined the plea of an operational creditor of debt-ridden Essar Steel seeking recovery worth Rs. 800 crore.
JSW Energy to invest Rs. 6500 cr in manufacturing EV JSW Energy to invest Rs. 6500 cr in manufacturing EV Aakash Makhija / Thursday, January 31, 2019 / Article rating: 3.0 The company reported robust growth in its December quarter net profits to Rs. 146 crore, compared to Rs. 47 crore in the year earlier period due to better realisations from both merchant and PPA customers.
Mutual Fund Riskometer: How to gauge your risk tolerance Mutual Fund Riskometer: How to gauge your risk tolerance Shashikant Singh / Thursday, January 31, 2019 / Article rating: 5.0 Risk is as important as the return of an investor. Therefore, before investing in a fund you should understand the risk involved while investing in the fund.