Finance Update Uncategorized

DAILY MARKET INSIGHTS – 18th Feb 2019

Indian Indexes The benchmark indices ended down sharply on February 18, 2019 on caution over mounting worries over terrorist activities in India’s Jammu & Kashmir. Heavyweights such as TCS, Reliance Industries and ITC among others dragged indices today. The Sensex slipped by 0.87% or 310.51 points to 35498.44. The Nifty fell by 0.78% or 83.45 […]

Finance Update

Hold & Buy Rating on 15 stocks by Prabhudas Lilladher

Money Control: Prabhudas Lilladher recommends hold & buy rating on 15 Stocks. Below is the list of 15 stocks, Buy Cholamandalam Investment and Finance Company; target of Rs.1562 Buy Jindal Steel and; Power; target of Rs.230 Buy Entertainment Network (India); target of Rs.776 Buy P.I. Industries; target of Rs.1023 Buy Dhanuka Agritech; target of Rs.624 […]

M&A World News

Indian wealth manager Edelweiss signs MoU with Bank of Singapore to form a strategic partnership

Edelweiss, Bank of Singapore sign MoU for strategic partnership “This is the first time that an Indian wealth manager of Edelweiss’ size and stature is partnering with an offshore private bank,” Edelweiss Financial Services said in a BSE filing. PTI @moneycontrolcom Edelweiss Group on Thursday said it has signed a memorandum of understanding (MoU) with Bank […]

Business News

Ashok Leyland has lined up investments around Rs.1,000 crore as capital expenditure (capex) for FY20

Ashok Leyland has lined up investments around Rs 1,000 crore as capital expenditure (capex) for FY20 Ashok Leyland, the country’s third biggest commercial vehicle producer, has lined up investments for a slew of projects for FY20 even as the truck and bus maker gets busy to expand its portfolio in the light-duty segment. The Chennai-based […]

World News

Alibaba Group has bought an 8% stake in Chinese video platform Bilibili Inc

Alibaba takes 8 percent stake in Chinese video platform Bilibili: Xinhua Reporting by Meg Shen in Hong Kong and Lee Chyen Yee in Singapore HONG KONG (Reuters) – Alibaba Group Holding Ltd has bought an 8 percent stake in Chinese video platform Bilibili Inc, the official Xinhua news agency reported on Thursday. Alibaba’s e-commerce retail […]

Finance Update Uncategorized

DAILY MARKET INSIGHTS – 15th Feb 2019

Indian Indexes Indian stock market ended marginally lower on Febaruary 15, led by a decline in HDFC, HDFC Bank, Sun Pharma and Axis Bank. The Sensex was down by 0.19% or 67.27 points to 35808.95. The Nifty fell by 0.20% or 21.60 points to 10724.40. [jetpack_subscription_form show_only_email_and_button=”true” custom_background_button_color=”#362e77″ custom_text_button_color=”#ffffff” submit_button_text=”Subscribe” submit_button_classes=”wp-block-button__link has-text-color has-white-color has-background has-dark-blue-background-button-color” […]