DAILY MARKET INSIGHTS – 15th Feb 2019

This slideshow requires JavaScript.

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” show_subscribers_total=”false” ]

15Top Gainer Losers

15Currency
Stocks in the news

1. Alembic Pharma received USFDA approval for gVigamox eye drops.

2. J Kumar Infraprojects received order worth Rs. 444.98 crore from Delhi Metro Rail Corporation.

 

Buzzing stocks on BSE

1. ONGC rose by 2.27% to Rs. 135.10, after net profit rose 64.8% to Rs. 8,262.70 crore in Q3FY2019

2. Shares of Kridhan Infra surged by 4.68% to Rs, 32.40, after company bagged an order in Singapore.

Global Signals

Asian stock markets closed lower on February 15, following the release of US retail data overnight which raised concerns over a slowing American economy.

European stock markets were mixed, after weaker-than-expected US retail sales figures raised fresh doubts about the strength of the world’s largest economy.

⇓ Subscribe here to get daily update[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” show_subscribers_total=”false” ]

DAILY MARKET INSIGHTS – 13th Feb 2019

This slideshow requires JavaScript.

Indian Indexes

Benchmark indices erased all their gains in the last hour on February 13, weighed by RIL, L&T, ICICI Bank and State Bank of India. The Sensex ended just above 36000 while Nifty closed below 10800. The Sensex declined by 0.33% or 119.51 points to 36034.11. The Nifty fell by 0.35% or 37.75 points to 10793.70.

Majority of the sectoral indices closed in red except IT, Realty and Technology.

Market breadth was in favour of declines with an advance-decline ratio of 1:2.

[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” show_subscribers_total=”false” ]

13Top Gainer Losers

13Currency
Stocks in the news

1. Bosch Q3 net profit rose by 19.3% y-o-y to Rs.335.4 crore.

2. Adani Gas Q3 net profit slipped by 6.8% q-o-q to Rs.47 crore.

 

Buzzing stocks on BSE

1. CG Power and Industrial Solutions fell by 29.63% to Rs.23.75, after reporting the consolidated net loss of Rs.150.18 crore in Q3 December 2018.

2. Shares of Natco Pharma declined by 4.68% to Rs.635, after consolidated net profit slipped by 27% y-o-y to Rs.159 crore in Q3FY2019.

Global Signals

Asian stock markets were mostly higher on February 13, on positive US-China trade sentiment.

European stock markets traded higher amid US-China trade deal hopes.

DAILY MARKET INSIGHTS – 11th Feb 2019

This slideshow requires JavaScript.

Indian Indexes

The benchmark indices ended lower on February 11, weighed by automobiles and pharmaceutical stocks. Reliance Industries, M&M, ICICI Bank, Axis Bank, SBI, L&T, ITC, Bajaj Finance, ONCG and HUL dragged the indices, while HDFC Bank, Tata Consultancy Services, Kotak Mahindra Bank, Tata Steel and Infosys ended in green. The 30-share Sensex fell by 0.41% or 151.45 points to close at 36395.03, while the 50-share Nifty slipped by 0.50% or 54.80 points to 10888.80.

Market breadth was in favour of declines with an advance-decline ratio of 2:5.

[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” show_subscribers_total=”false” ]

11Top Gainer Losers.jpg

11Currency.jpg
Stocks in the news

1. Eicher Motors Q3 consolidated net profit rose by 2.4% y-o-y to Rs 533 crore

2. Motherson Sumi Systems Q3 net profit rose by 6.7% y-o-y to Rs.389 crore.

3. India Cements Q3 net profit slipped by 79.6% y-o-y to Rs.3.1 crore.

4. Spicejet Q3 net profit falls by 77% y-o-y to Rs.55 crore.

Buzzing stocks on BSE

1. Tata Steel rose by 2.20% to Rs. 479.90, after the consolidated net profit rose by 54.33% to Rs. 1753.07 crore in Q3FY19.

2. KRBL fell by 10.64% to Rs. 322, after the consolidated net profit declined by 12.82% to Rs 107.22 crore in Q3FY2019.

3. Sun TV Network surged by 10.10% to Rs. 573.15, after the net profit rose by 31.60% to Rs. 351.33 crore in Q3FY2019.

Global Signals

Asian stock markets ended on a mixed note on February 11, 2019 as traders await developments in trade talks between American and Chinese officials in Beijing later this week.

European stock markets rallied on hopes of resolution between the US and China on trade front at meeting between officials later this week.

 

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 8th Feb 2019

Daily Stock Picks and Recomandations – 8th Feb 2019

DAILY MARKET INSIGHTS – 8th Feb 2019

This slideshow requires JavaScript.

Indian Indexes

Indian local indices plunged sharply on February 8, as risk appetite dwindled on worries over ongoing trade spat between the US and China amid concerns over global economic health after European Commission slashed GDP forecasts for Eurozone. The Sensex fell by 1.15% or 424.61 points to 36546.48 . The Nifty declined by 1.14% or 123.80 points to 10,943.60.

[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” show_subscribers_total=”false” ]

8Top Gainer Losers.jpg

8Currency

Stocks in the news

1. Excel Crop Care Q3 net profit fell by 81.3% y-o-y to Rs.24 crore.

2. Marksans Pharma net profit rose by 44% y-o-y to Rs.25 crore.

3. VIP Industries net profit fell by 11.4% y-o-y to Rs.23.8 crore.

4. AIA Engineering rose by 11% y-o-y to Rs.129 crore.

Buzzing stocks on BSE

1. Tata Motors lost 14.9% at Rs 155.65 at 09:18 IST on BSE after the company reported consolidated net loss of Rs 26992.54 crore in Q3 December 2018 as compared to net profit of Rs 1198.63 crore in Q3 December 2017.

2. Sun Pharma Advanced Research Company fell 1.21% to Rs 146.50 at 10:01 IST on BSE after the company received a demand order worth Rs 46.04 crore for payment of Service Tax.

3. Shipping Corporation of India jumped 6.65% to Rs 40.10 at 11:12 IST on BSE after net profit surged 119.72% to Rs 180.54 crore on 25.02% rise in total income to Rs 1237.30 crore in Q3 December 2018 over Q3 December 2017.

Global Signals

Asian stock markets tumbled on February 08, after President Donald Trump said he doesn’t plan to meet Chinese leader Xi Jinping before a tariffs truce ends in March.

European stocks traded mixed as investors await developments in US-China trade talks.

 

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 7th Feb 2019

Daily Stock Picks and Recomandations – 7th Feb 2019

RBI Policy: The monetary policy committee cuts repo rate by 25 bps to 6.25

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

Quick Finance Updates

DAILY MARKET INSIGHTS – 7th Feb 2019

This slideshow requires JavaScript.

Indian Indexes

Benchmark indices jumped after the RBI cut the repo rate but shed all of its gains soon on profit-booking in to end on a flat note. The Sensex was down by 0.01% or 4.14 points to 36971.09. The Nifty rose by 0.06% or 6.95 points to 11069.40.

Market breadth was in favour of advances with an advance-decline ratio of 3:2.

Zee Entertainment, Sun Pharma, Eicher Motors, Bharti Infratel and Bajaj Auto were the top gainers on the Nifty, while JSW Steel, Reliance Industries, L&T, Hindalco and Power Grid were the top losers.

[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” show_subscribers_total=”false” ]

Top Gainer Losers

Stocks in the newsCurrency

1. Reserve Bank of India cut the repo rate by 25 bps to 6.25%.

2. MRF Q3 net profit fell by 18% y-o-y to Rs. 279.3 crore.

3. Bajaj Electricals net profit rose by 73.6% y-o-y to Rs. 64 crore.

4. Grasim Q3 net profit increased by 28.3% y-o-y to Rs. 608 crore.

Buzzing stocks on BSE

1. AstraZeneca Pharma India jumped by 11.66% to Rs. 1,793, after the company reported net profit of Rs. 29.09 crore in Q3FY2019 as against net loss of Rs. 10.35 crore in Q3FY2018.

2. Shares of Sun Pharmaceuticals surged by 4.48% to Rs. 434, after its US subsidiary Taro Pharmaceutical reported strong results for the quarter ended December 2018.

Global Signals

Asian stock markets ended mixed on February 07 on uncertainty over US-China trade talks as negotiations between the world’s largest and second largest economies continue.

European stock markets were marginally lower as market participants digested the latest flurry of corporate results.

 

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 6th Feb 2019

Daily Stock Picks and Recomandations – 7th Feb 2019

RBI Policy: The monetary policy committee cuts repo rate by 25 bps to 6.25

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

Quick Finance Updates

DAILY MARKET INSIGHTS – 6th Feb 2019

market-report-header-new-flat2

Indian Indexes

The benchmark indices closed over a four-month high on February 06. The Sensex hit 37000 for the first time since September 21, 2018 in intra-day trade. Markets maintained their uptrend throughout the day and ended on a strong note. Majority of the sectors were under the buyers’ radar except consumer durables and power. The major heavyweight gainers were Reliance Industries, ICICI Bank, Tata Consultancy Services, Infosys, HDFC, ITC and Bajaj Finance. The Sensex jumped by 0.98% or 358.42 points to 36975.23. The Nifty surged by 1.17% or 128.10 points to 11,062.45.

[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” show_subscribers_total=”false” ]

Stocks in the news

1. Venky’s Q3 net profit slipped by 2.5% y-o-y to Rs. 67.7 crore

2. Vardhman Textiles Q3 net profit rose by 44.4% y-o-y to Rs. 196 crore

3. Siemens Q1 net profit rose by 19.4% y-o-y to Rs. 228 crore

Buzzing stocks on BSE

1. Tech Mahindra surged by 8.11% to Rs. 810.80, after net profit rose by 14.3% to Rs. 1,207 crore in Q3FY2019.

3. Shares of Blue Star fell by 2.11% to Rs. 584.25, as company posted a net loss of Rs. 0.94 crore in Q3FY2019.

Buzzing stocks on BSE

Asian stock markets rose on February 06, as investors digested US President Donald Trump’s State of the Union address.

Stock indices in the Europe traded in the negative territory after slew of dismal quarterly earnings reports from companies.

 

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 5th Feb 2019

Daily Stock Picks and Recomandations – 6th Feb 2019

RBI slaps penalty on Axis Bank, UCO Bank and Syndicate Bank for violation of norms

Know why Reliance Communications shares have dropped 50% – 4th Feb 2019

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

Quick Finance Updates

RBI slaps penalties on Axis Bank, UCO Bank and Syndicate Bank for violation of norms

RBI-slaps-penalty-on-Axis-IOB

RBI slaps penalties on Axis Bank, UCO Bank and Syndicate Bank for violation of norms

The Reserve Bank of India (RBI) on Tuesday said it has imposed a total penalty of Rs 2.2 crore on private sector lender Axis Bank in two separate cases. A penalty of Rs 2 crore has also been imposed on UCO Bank and Rs 1 crore on Syndicate Bank for violation of norms.

The RBI said penalty of Rs 2 crore has been imposed each on Axis Bank and UCO Bank for non-compliance of norms related to payment through cheques.

In another case, a penalty of Rs 20 lakh has been imposed on Axis Bank for contravention of the directions related to detection and impounding of counterfeit notes.

The penalty on Syndicate Bank has been imposed for violation of guidelines related to checking fraud and managing risk.

The RBI, however, said the action on banks is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

RBI may change stance to ‘Neutral’ at first policy meet in 2019

Reserve Bank of India Governor Shaktikanta Das-led Monetary Policy Committee may refrain from easing interest rates on concerns on India’s fiscal deficit but will likely change its policy stance from ‘calibrated tightening’ to ‘neutral’ as inflation continues to remain below its medium-term target of 4%.

The central bank is likely to hold the repo rate at 6.5% as the government, in its interim budget 2019, revised the FY2019 fiscal deficit target to 3.4% as compared to the budget estimate of 3.3%. The Centre also plans to maintain 3.4% fiscal deficit target for FY2020, is higher than 3.1% recommended by The Fiscal Responsibility and Budget Management (FRBM) Act, 2003.

A substantial increase in market borrowing on account of the sops offered to farmers and the tax rebate offered may pose fiscal challenges, which are inflationary and may restrict the Indian central bank from cutting the repo rate.

However, a section of the market expects the central bank to cut rates this week as inflation remains well below the central bank’s medium term target.

Persistently lower food inflation that pushed the December CPI to 18-month low of 2.19% will provide respite to the RBI and give room for change in policy stance. The RBI Monetary Policy Committee (MPC) is expected to conclude its Sixth Bi-monthly monetary policy meeting and deliver its decision at 11.45AM on February 7, 2019.

[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” show_subscribers_total=”false” ]

Daily Stock Picks – The Future Market’s watch window – 6th Feb 2019

DAILY MARKET INSIGHTS – 5th Feb 2019

The Future Market’s Financial NewsLetter – 1st Feb 2019

Click here to see top merger & acquisitions……

Click here to see Market News

Quick Finance Updates as on today..Click here

DAILY MARKET INSIGHTS – 5th Feb 2019

market-report-header-new-flat2

Indian Indexes

Indian stock markets ended on a flat note on February 05, where both the indices closed with minor gains. Buying was seen in blue-chip companies such as Reliance Industries, Hindustan Unilever whereas stock such as ITC and ICICI Bank were under pressure. The Sensex was rose by 34.07 points or 0.09% to 36616.81. The Nifty increased by 22.10 points or 0.20% to 10934.35.

[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” show_subscribers_total=”false” ]

Stocks in the news

1. January Nikkei services PMI reading fell to 52.2 from 53.2 m-o-m

2. Punjab National Bank Q3 net profit rose by 8% y-o-y to Rs. 247 crore

3. CESC Q3 net profit surged by 13.1% y-o-y to Rs. 173 crore

Buzzing stocks on BSE

1. Godrej Agrovet slipped by 3.21% to Rs. 475.80, after consolidated net profit fell by 17.45% to Rs. 40.92 crore in Q3FY2019

2. Jubilant Foodworks fell by 6.45% to Rs. 1,303.25, on reports that the company has been found guilty of not passing on GST rate cut benefits of Rs. 41.42 crore on sale of some pizza products and has been directed to deposit the illegal gains with the government.

 

Global Signals

Most Asian stock markets were shut on February 05, except the Nikkei on account of the Lunar New Year holidays.

European stocks surged to nine-week high as market participants monitored a slew of corporate results.

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 4th Feb 2019

The Future Market’s Financial NewsLetter – 4th Feb 2019

Know why Reliance Communications shares have dropped 50% – 4th Feb 2019

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

4th Feb 2019 Stock Ideas – The Future Market’s watch window

Quick Finance Updates

The Future Market’s Financial NewsLetter – 4th Feb 2019

[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” show_subscribers_total=”false” ]

financial-newsletter-670x335Corporate Financial Updates from The Future Market’s Watch Window on 4th Feb, 2019

[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” show_subscribers_total=”false” ]

  • Exide Q3 net profit at Rs. 155 crore
    Net profit rose by 0.5% to Rs. 155 crore from Rs. 154.3 crore. Read More..
  • Insecticides Q3 net profit rises by 75.2% y-o-y
    Net profit rose by 75.2% to Rs. 16.9 crore from Rs. 9.6 crore. Read More..
  • Laurus Labs gets USFDA nod for HIV drug
    Laurus Labs received tentative approval from United States Food and Drug Administration (USFDA) under PEPFAR for Tenofovir/Lamivudine/Dolutegravir (TLD) 300/300/SOmg fixed dose combination (FDC). Read More..

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 4th Feb 2019

Know why Reliance Communications shares have dropped 50% – 4th Feb 2019

4th Feb 2019 Stock Ideas – The Future Market’s watch window

STOCK IDEA’S for Feb-2019 by Sharekhan as on 1st Feb 2019

Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

Quick Finance Updates

DAILY MARKET INSIGHTS – 4th Feb 2019

market-report-header-new-flat2

Indian Indexes

Benchmark indices rallied in the last hour and extended their gains for the third day. Reliance Industries, ONGC, Bajaj Auto, TCS and Kotak Mahindra Bank were the top gainers on the Sensex, while Yes Bank, Power Grid, NTPC, Sun Pharma and M&M were the top losers. The Sensex rose by 0.31% or 113.31 points to 36582.74. The Nifty surged by 0.17% or 18.60 points at 10912.30.

Market breadth was in favour of declines with an advance-decline ratio of 1:3

[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” show_subscribers_total=”false” ]

Stocks in the news

1. Bajaj Auto January sales surged by 15% y-o-y to 4.07 lakh units

2. Tata Motors domestic sales declined by 10% y-o-y to 58,185 units

3. Insecticides (India) Q3 net profit rose by 75.2% y-o-y to Rs. 16.9 crore

4. GSK Pharma Q3 net profit increased by 26% y-o-y to Rs. 113 crore

5. Welspun India Q3 net profit slipped by 37% y-o-y to Rs. 50 crore

Buzzing stocks on BSE

1. Titan Company surged by 3.40% to Rs. 1,025, after consolidated net profit rose by 43.49% to Rs. 413.19 crore in Q3FY2019.

2. Reliance Communications tumbled by 34.31% to Rs. 7.62, after the company sought debt resolution plan through the National Company Law Tribunal (NCLT).

3. Divi’s Laboratories rose by 5.63% to Rs. 1618, after net profit rose by 67% to Rs. 379 crore in Q3FY2019.

Global Signals

Asian stock markets traded mixed on February 04, amid speculation over next steps in the dispute between the US and China over technology development, and trade following meetings in Washington last week.

European stock markets were slightly lower, as market participants kept a close eye on a series of corporate results.

To See more coprorate updates Click here…

DAILY MARKET INSIGHTS – 5th Feb 2019

The Future Market’s Financial NewsLetter – 4th Feb 2019

Know why Reliance Communications shares have dropped 50% – 4th Feb 2019

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

4th Feb 2019 Stock Ideas – The Future Market’s watch window

Quick Finance Updates

Know why Reliance Communications shares have dropped 50% – 4th Feb 2019

bloombergquint_2019-02_28aa6ce9-7d7f-4d8e-bc89-59cd03c550dc_RCOM_IN_Equity__Reliance_Communi_2019_02_04_09_28_32

RCom shares declined by 48% on Monday 4th Feb as it approches NCLT

  • Reliance Communication declined by 48% to Rs. 6, after the telco sought debt resolution plan through the National Company Law Tribunal (NCLT).
  • At 10.44 am, RCom was trading at Rs. 7, fell by 39.66%, with a volume of 196.80 lakh shares on the BSE.

Click here to see more financial highlights……..

Know why Reliance Communications shares have Dropped 50% – 4th Feb 2019

Shares of Reliance Communications, the debt laden telecom operator led by Anil Ambani plunged 50% in the morning trades on February 4, 2019 after it informed exchanges that it will file for bankruptcy and propose debt resolution under National Company Law Tribunal (NCLT) through sale of assets.

Following are details from its filling to exchanges on February 01, 2019.

  • The company has been faced various issues raised by the Department of Telecommunications.
  • The company said the management will propose a resolution plan to NCLT that is similar to the one being sought out outside court. The plan involves sale of assets to repay lenders.
  • RCOM is seeking to sell all of its infrastructure assets and spectrum along with a 30 million sq ft development at Dhirubhai Ambani Knowledge City complex among other real estate assets.
  • The company has been faced with various mostly, untenable issues raised by the Department of Telecommunications.
  • Further, challenges raised by unreasonable minority lenders can be now be overcome through the NCLT’s 66% majority rule, against the 100% approvals rule outside NCLT.
  • The RCOM Board expects to service all of its debt under the NCLT in 2019 itself.

4th Feb 2019 Stock Ideas – The Future Market’s watch window

The Future Market’s Financial NewsLetter – 1st Feb 2019

Click here to see the top stocks to buy or sell…..

Click here to see top merger & acquisitions……

Click here to see Market News

Quick Finance Updates as on today..Click here

State Bank of India FY2019-Q3 net profit at Rs.3,955 crore – 1st Feb 2019

sbi--621x414--621x414

SBI swings to profit, posts Q3 net of Rs 3,955 crore as provisions plunge YoY

  • Net profit at Rs. 3,955 crore versus net loss of Rs. 2,416 crore.
  • Net Interest Income up 21% to Rs. 22,691 crore.
  • GNPA at 8.71% versus 9.95% (QoQ)
  • NNPA at 3.95% versusl 4.84% (QoQ)

Click here to see more financial highlights……..

ET Now: State Bank of India – FY Q3 2019 results February 1, 2019

State Bank of IndiaNSE -3.15 % on Friday reported a profit of Rs 3,954.81 crore for the quarter ended December 31 against a loss of Rs 2,416.34 crore in the corresponding quarter last year.

Analysts in an ET Now poll had projected a profit of Rs 3,200 crore.

Provisions and contingencies declined sharply 68 per cent YoY to Rs 6,006.22 crore during the quarter under review. The figure stood at Rs 18,876.21 crore in the same period last year and Rs 12,092.17 crore in the sequential quarter ended September 30.

Shares of the lender closed 3.09 per cent down at Rs 284.30 after the announcement of quarterly numbers.

Net interest income (NII) increased 19.28 per cent YoY to Rs 22,290.99 crore in Q3FY19 over Rs 18,687.52 crore in Q3FY18.

Asset quality of the lender improved during the quarter with percentage of gross non-performing assets coming in at 8.71 per cent against 9.95 per cent sequentially. The figures stood at 10.35 per cent in the corresponding quarter last year.

Percentage of net non-performing assets eased to 3.95 per cent over 4.84 per cent on a QoQ basis.

Fresh slippages came in at Rs 4,532 crore in Q3FY19.

Click here to see the top stocks to buy or sell…..

Click here to see top merger & acquisitions……

Click here to see Market News

Quick Finance Updates as on today..Click here

The Future Market’s Financial NewsLetter – 1st Feb 2019

[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” show_subscribers_total=”false” ]

financial-newsletter-670x335Corporate Financial Updates from The Future Market’s Watch Window on 1st Feb, 2019

[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” show_subscribers_total=”false” ]

To See more coprorate updates Click here…

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

31st Jan 2019 Stock Ideas – The Future Market’s watch window

STOCK IDEA’S for Feb-2019 by Sharekhan as on 1st Feb 2019

Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

Quick Finance Updates

STOCK IDEA’S for Feb-2019 by Sharekhan as on 5th Feb 2019

STOCK IDEA’S for Feb-2019 by Sharekhan updated till 5th Feb, 2019

subscribe-copy

Scrip Name SectorName Status LTP Diff. %Chg. RecoPrice Target Potential P&L% UpdateDate
MARICO Consumer goods Buy 365.2 1.7 0.47 3.8 425 16.50% 05-Feb-19
UPL Diversified / Miscellaneous Hold 799.5 3.55 0.45 163.00 777 -3.31% 05-Feb-19
IRB Infrastructure / Real estate Hold 130.85 -8.35 -6 234 160 22.00% 04-Feb-19
RELAXO Discretionary consumption Buy 734 13.9 1.93 67.20 870 19.55% 04-Feb-19
DIVISLAB Pharmaceuticals Buy 1625.5 16.05 1 383 1900 16.78% 04-Feb-19
KALPATPOWR Capital goods / Power Buy 362.7 -4.5 -1.23 112.00 465 28.28% 04-Feb-19
PETRONET Oil & gas Buy 220.8 10.8 5.14 246 270 23.32% 04-Feb-19
VGUARD Capital goods / Power Hold 193.85 -1.65 -0.84 11.99 220 13.58% 04-Feb-19
BHARTIARTL Diversified / Miscellaneous Buy 304.55 -2 -0.65 313 390 28.86% 04-Feb-19
TITAN Discretionary consumption Buy 1059.3 33.55 3.27 966.00 1200 13.94% 04-Feb-19
AXISBANK Banks & Finance Buy 695 34.25 5.18 46 810 22.59% 30-Jan-19
HDFC Banks & Finance Buy 1883.7 -38.6 -2.01 540.00 2300 19.65% 30-Jan-19
BAJFINANCE Banks & Finance Buy 2595.25 79.7 3.17 178 2950 17.27% 30-Jan-19
KEC Capital goods / Power Buy 243.5 6.45 2.72 169.00 310 30.77% 30-Jan-19
RAMCOCEM Building materials Buy 570 -3.6 -0.63 88 690 20.29% 29-Jan-19
NAUKRI Discretionary consumption Buy 1692.3 3 0.18 848.00 1900 12.47% 29-Jan-19
HCLTECH IT / IT services Hold 1014.25 25.8 2.61 73.9 1050 6.23% 29-Jan-19
GODREJCP Consumer goods Hold 698.5 -52.7 -7.02 72.43 855 13.82% 29-Jan-19
WONDERLA Discretionary consumption Hold 280.8 0 0 315 325 15.74% 29-Jan-19
PERSISTENT IT / IT services Buy 600 16.6 2.85 212.00 650 11.42% 29-Jan-19
LT Infrastructure / Real estate Buy 1285.45 -9.9 -0.76 786 1655 28.75% 25-Jan-19
MARUTI Automobiles Hold 6513.4 0 0 1,163.00 6950 6.70% 25-Jan-19
ULTRACEMCO Building materials Buy 3510.8 -279.9 -7.38 384 4330 23.33% 25-Jan-19
KKCL Discretionary consumption Hold 1212 3.65 0.3 446 1415 17.10% 24-Jan-19
YESBANK Banks & Finance Hold 228.65 13.25 6.15 67.14 245 13.74% 24-Jan-19
SUPREMEIND Diversified / Miscellaneous Hold 994 -51.85 -4.96 420 1150 9.96% 24-Jan-19
JYOTHYLAB Consumer goods Buy 181.3 1.4 0.78 90 225 25.07% 24-Jan-19
SHREECEM Building materials Buy 15850 -253.35 -1.57 445 18660 15.88% 23-Jan-19
ITC Consumer goods Buy 280.45 3.15 1.14 23.24 347 25.14% 23-Jan-19
TVSMOTOR Automobiles Buy 540.6 -13.6 -2.45 92 650 20.44% 22-Jan-19
HDFCBANK Banks & Finance Buy 2133 -2.85 -0.13 71.6 2650 25.66% 21-Jan-19
WIPRO IT / IT services Buy 354.3 7.8 2.25 183 390 20.15% 18-Jan-19
FEDERALBNK Banks & Finance Hold 89.9 0.4 0.45 26 98 5.66% 18-Jan-19
HINDUNILVR Consumer goods Buy 1778 27.8 1.59 324 2071 15.44% 18-Jan-19
RELIANCE Oil & gas Buy 1235.4 0.25 0.02 116 1465 32.88% 17-Jan-19
NAUKRI Discretionary consumption Buy 1670.55 38.4 2.35 848 1900 26.84% 16-Jan-19
ZEEL Discretionary consumption Buy 438.45 13.2 3.1 210 550 18.88% 15-Jan-19
INFY IT / IT services Buy 738 -7.35 -0.99 86.15 840 25.49% 11-Jan-19
TCS IT / IT services Buy 1881.05 -20.85 -1.1 213.15 2400 25.09% 10-Jan-19
BANKBARODA Banks & Finance Buy 113.85 0.05 0.04 48 140 15.94% 03-Jan-19
VGUARD Capital goods / Power Buy 201.4 -1.75 -0.86 11.99 264 20.22% 03-Jan-19

The Future Market’s Financial NewsLetter – 4th Feb 2019

STOCK IDEA’S for Jan-2019 by Sharekhan

DAILY MARKET INSIGHTS – 5th Feb 2019

Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

Budget 2019 Key Benefits: Finance Minister presents Union Budget 2019 in Parliament

Quick Finance Updates

Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

indiabulls-ksbf--621x414@livemint

Indiabulls Housing Finance FY2019-Q3 net profit falls by 14% yoy – 31st Jan 2019

  • Net profit fell by 14% y-o-y to Rs. 985 crore from Rs 1,142 crore.
  • Revenue up by 24% y-o-y to Rs. 4,237 crore from Rs. 3,420 crore.
  • Board approved issuing non-convertible debentures of up to Rs. 26,000 crore and approved issuing rupee overseas bonds.

Click here to see more financial highlights……..

Indiabulls Housing Finance Ltd – Board to consider Q3 results & Interim Dividend on January 31, 2019

Indiabulls Housing Finance Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 31, 2019, inter alia, to consider and approve the (a) unaudited financial results of the Company for the quarter and nine months ended December 31, 2018; (b) declaration of interim dividend, if any, on the Equity shares of the Company, for the financial year 2018-19; and (c) fund raising by way of issue of secured and/or unsecured Indian rupee denominated and/or foreign currency denominated bonds, in one or more tranches.

Further, in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company has been closed, and shall remain closed till February 02, 2019.

Pdf Link: Indiabulls Housing Finance Ltd – Board to consider Q3 results & Interim Dividend on January 31, 2019

Click here to see the top stocks to buy or sell…..

Click here to see top merger & acquisitions……

Click here to see Market News

Quick Finance Updates as on today..Click here