Trade setup: Nifty50 likely to fall further if it stays below 50-DMA
The 12,150 and 12,185 levels will act as resistance. Support is at 12,080 and 12,000. – Stocks-Markets-Economic Times
Month: January 2020
Sebi panel proposes sweeping changes to norms governing related party transactions
The panel proposed changes to strengthen the monitoring related party transactions. – Stocks-Markets-Economic Times
HDFC net zooms fourfold on valuation gains
Loan book crosses ₹5 lakh crore for first time; board approves fund raising of ₹45,000 crore via NCDs – The Hindu – Industry
Daimler unveils BS-VI BharatBenz vehicles
Vehicles to cost 10 to 15% more than BS IV models – The Hindu – Industry
Nissan to revive India business, continue Datsun
Automaker to launch new model every year, start with compact SUV in 2020 – The Hindu – Industry
1 Lakh Tons Of Dutch-Made Tata Steel Exempt From US Tariffs
Since 2018, US companies wishing to import the type of steel, which is not produced in the US, had been forced to seek tariff exemptions on a case-by-case basis. … Read More
Wall St opens 1% lower on growing China virus fears
The Dow Jones Industrial Average fell 447.24 points, or 1.54%, at the open to 28,542.49. – Stocks-Markets-Economic Times
Union Budget: 5 basics you need to know
The Union Budget is an exercise carried out by the central government every year. – Stocks-Markets-Economic Times
Excise duty hike in Budget will be negative for ITC: SBI Caps
Any further rise in prices would have a material effect on RSFT segment for ITC, says SBI Caps. – Stocks-Markets-Economic Times
HDFC Q3 profit hits record high: Key takeaways
HDFC said it continued to remain extremely conservative on provisions. – Stocks-Markets-Economic Times