Is ITC stock a dividend buy? Wait for lockdown update
All these do not augur well for the company’s main business of cigarettes that is supporting growth and investment in its other businesses. – Stocks-Markets-Economic Times
Month: April 2020
Oil Falls As Crude In U.S. Storage Nears All-Time High
Oil prices fell on signs that oil storage is filling rapidly, raising concerns that production cuts will not catch up with collapse in demand. – NDTV Profit – Latest
Sensex, Nifty Likely To Open Higher On Positive Global Cues
The SGX Nifty wasgoing strong in early trades, adding 67 points, and Asian shares made early gains ahead of a busy earnings week. – NDTV Profit – Latest
Sebi, RBI take stock of situation in fund mart post Franklin fiasco
The assets under MF industry’s debt schemes were worth Rs 10.3 lakh crore on March 31 – Stocks-Markets-Economic Times
Insurers may rally on expected demand for protection products
The market has already priced in the first order negative impact of the lockdown. – Stocks-Markets-Economic Times
Stocks in the news: IndusInd Bank, Adani Ports, Mindtree, Ambuja Cements and Union Bank
IRB Infrastructure said its board has approved raising up to Rs 2,500 crore to fund ongoing and planned capex. – Stocks-Markets-Economic Times
DMart, Divi’s Lab and HDFC Life among frontrunners to join Nifty
Several stocks have become eligible after the sharp fall in the index from its highs. – Stocks-Markets-Economic Times
Analyst Calls: Cipla, Mindtree, Sun TV
Elara Capital has a buy rating on Cipla with a target price of Rs 685. – Stocks-Markets-Economic Times
Berkshire, AIG urged by NYC’s comptroller to divest from coal
‘Representatives for AIG and Berkshire Hathaway didn’t have an immediate comment. – Stocks-Markets-Economic Times
Five of top-10 firms add Rs 1.63 lakh cr in m-cap; RIL sparkles
HUL, HDFC, Bharti Airtel, ITC and ICICI Bank finished with losses. – Stocks-Markets-Economic Times