Monday, May 4, 2020

Market Highlights - 04 May, 2020

Market Highlights - 04 May, 2020

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💎 Closing Bell: Sensex slips 2002.27 points to close at 31715.35; Nifty ends 554.80 points higher at 9305.10.     

💎 Cadila Healthcare receives tentative approval from the US health regulator to market generic Empagliflozin and Metformin Hydrochloride tablets, used for management of type-2 diabetes, in the US market.     

💎 ICICI Lombard General Insurance reports 24% YoY higher PAT at Rs.281.93 crore due to reduction in underwriting losses.     

💎 Yes Bank appoints Neeraj Dhawan as Chief Risk Officer with immediate effect for a period of three years.     

💎 MOIL raises product prices by 45%.     

💎 Kalpataru Power terminates agreement to sell arm to CLP India as conditions were not fulfilled.     

💎 Tata Motors sells and transfers its GDC business on a slump sale basis for Rs.10.3 crore to subsidiary TML Business Services.     

💎 RBL Bank appoints Deepak Kumar as the Chief Risk Officer for a period of two years.     

💎 Crompton Greaves Consumer Electricals partially resumes operations at Ahmednagar plant.

💎 Market snaps 4-day gaining streak, erases over 80 percent of last week's gains

💎 Frontline indices record the biggest single-day fall in two weeks

💎 Nifty declines 566 points to 9,294 and Sensex 2,002 points to 31,715

💎 Nifty Bank falls 1,791 points to 19,744 and Midcap 594 points to 12,908

💎 46 Nifty stocks close in the red with financials and metals being top losers

💎 8 Nifty stocks fall in double digits; ICICI, Hindalco, HDFC amongst top losers

💎 Pharma stocks outperform in a weak session; Cipla top Nifty gainer

💎 Bharti Airtel extends gains to 3rd session after signing 4G network deal with Nokia

💎 Reliance announces an investment of Rs 5,656 crore by Silver Lake in Jio Platforms

💎 Volatility Index, India VIX surges 28 percent to close around the level of 44
.
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Currency and Commodity Trend @ 3.00 pm : 04.05.2020

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Today Buzzing Stocks : 04.05.2020

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Nifty Future Trend @ 2.30 pm : 04.05.2020

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Sunday, May 3, 2020

ICEX Diamond May Futures Outlook: 04.05.2020

ICEX Diamond May Futures Outlook: 04.05.2020

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ICEX Diamond May Futures Outlook: 04.05.2020

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USDINR May Futures Outlook : 04.05.2020

USDINR May Futures Outlook : 04.05.2020

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USDINR May Futures Outlook : 04.05.2020

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Nifty MAY Futures Outlook : 04.05.2020

Nifty MAY Futures Outlook : 04.05.2020

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Nifty MAY Futures Outlook : 04.05.2020

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Nifty Stocks Trend @ 11.00 Am : 04.05.2020

Nifty Stocks Trend @ 11.00 Am : 04.05.2020

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Today's Sell Momentum Stocks : 04.05.2020

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Reliance Jio-Silver Lake deal: Key Highlights

Reliance Jio-Silver Lake deal: Key Highlights

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Reliance Jio-Silver Lake deal: Key Highlights
The Silver Lake deal values Jio at $65 billion — a 12.5 premium to the value indicated by Facebook, which bought 9.99 percent of the digital unit of RIL

American private equity giant Silver Lake Partners has bought 1 percent of Jio Platforms for $750 million in a deal that values the digital unit of Reliance Industries Ltd (RIL) at $65 billion.

Commenting on the transaction with Silver Lake, Mr. Mukesh Ambani, Chairman and Managing Director - Reliance Industries Ltd, said, “I am delighted to welcome Silver Lake as a valued partner in continuing to grow and transform the Indian digital ecosystem for the benefit of all Indians. Silver Lake has an outstanding record of being a valuable partner for leading technology companies globally. Silver Lake is one of the most respected voices in technology and finance. We are excited to leverage insights from their global technology relationships for the Indian Digital Society’s transformation.”

Here are the key highlights of the deal:

> The investment is Rs. 5,656 crore in rupee terms for a 1.15 percent stake

> At this equity value, this is 52 percent of the total market cap. of Reliance

> This reaffirms that Jio continues to grab significant global attention for its deep understanding of the Indian markets, the rapid digitisation opportunity post-covid and our capabilities to bring cutting-edge technologies and tools such as AI, Blockchain, AR/VR, Big data into play for all Indians.

> The world’s largest tech investor is investing in Jio. SLP has a terrific track record of investing in some of the largest and successful tech companies globally such as Twitter, Airbnb, Alibaba, Dell Technologies, ANT Financials, Twitter, Alphabet’s Waymo and Verily amongst others.

> This is the first sizable investment by SLP in India.

> This reaffirms Jio’s tech. capabilities and the potential of the business model even in this COVID-19 world and beyond.

> This is at a 12.5 percent premium over the FB deal announced on April 22, 2020.

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Nifty-Sensex View - 04.05.2020: 09.00 Am

Nifty-Sensex View  - 04.05.2020: 09.00 Am

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Pre-Session: Negative opening on cards; RIL, HUL, Tech Mahindra in focus
04/05/2020 08:38
Domestic bourses are expected to start the day in red on Monday tracking weak global cues. Investors will today react to some crucial developments over the extended weekend which included another US-China flare-up, the extension of lockdown, and some crucial corporate results.

Reliance Industries, Hindustan Unilever, and Tech Mahindra will be in focus in today's session. Reliance Industries announced its Q4 earnings after the market hours on Thursday and reported a 38.73 per cent year-on-year drop in its consolidated profit. The conglomerate also said it would raise Rs 53,125 crore through a rights issue.

On the macro front, Markit Manufacturing data for April will be released today.

Investors will also react to auto firms' April sales figures which nosedived amid the lockdown. While Eicher Motors April auto sales plunged 98 per cent, Maruti Suzuki reported zero sales in domestic market.

On Thursday, the 30-share benchmark index ended at 997.46 points or by 3.05 % and then NSE Nifty was at 9859.9 up by 306.55 points.


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Market LIVE: Indian Stocks seen under pressure : 04.05.2020

Market LIVE: Indian Stocks seen under pressure : 04.05.2020

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Stocks to Watch : 04.05.2020

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Today's Dividend Announcements : 04.05.2020

Today's Dividend Announcements : 04.05.2020

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Global Market Trend : 04.05.2020

Global Market Trend : 04.05.2020

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Thursday, April 30, 2020

Market Highlights - 30 April, 2020

Market Highlights - 30 April, 2020

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💎 M&M Financial Services divests 49% stake in its subsidiary Mahindra Asset Management Company Pvt Ltd to Manulife Investment Management (Singapore) Pte for Rs.265 crore.     

💎 Wipro and Nutanix to launch digital database services (DDS) powered by Nutanix Era and Nutanix HCI software.     

💎 Polycab India to consider the proposal for investment / acquisition of shares.     

💎 Alpha Leon Enterprises LLP bought 35,27,564 shares of Sintex Industries.     

💎 BNP Paribas Arbitrage purchased 29,79,801 shares of RBL Bank at Rs.125.42/share.     

💎 Adhunik Industries to resume partial operations at Durgapur plant.     

💎 GP Petroleums resumes operations at Vasai plant.     

💎 Lupin gets tentative USFDA nod for Arformoterol Tartrate used to treat chronic obstructive pulmonary disease.     

💎 Sun Pharma gets USFDA nod for anti-cough drug – Guaifenesin.     

💎 Glenmark Pharma share price up 9% on nod to trials for possible COVID-19 drug.
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Commodity and Currency Trend @ 1.30 Pm: 30.04.2020

Commodity and Currency Trend  @ 1.30 Pm: 30.04.2020

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Most Up by Open Interest in FNO Segment : 30.04.2020

Most Up by Open Interest in FNO Segment : 30.04.2020

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Fresh Shorts in FNO Segment : 30.04.2020

Fresh Shorts in FNO Segment : 30.04.2020

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Accumulation in FNO Segment : 30.04.2020

Accumulation in FNO Segment : 30.04.2020

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