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Stocks in the news: Natco Pharma, Siemens, TeamLease, IFCI, Edelweiss Financial, JK Tyre, SAIL

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TeamLease | IFCI | Edelweiss Financial | KPI Global | JK Tyre | SAIL | Reliance Power and JSW Steel are stocks which are in the news today. Here are stocks that are in the news today: Results on July 8: Steel Strips Wheels, Goa Carbon, Delta Corp Mindtree: K Natarajan, NS Parthasarathy, Rostow Ravanan resigned. Adhunik Industries: Mahesh Kumar Agarwal, Non-Executive Director (Chairman) of the company, has resigned from the post of directorship. Siemens: Company transferred its leasehold interest in the property at Halol Industrial Area (Phase III) in Gujarat to LM Wind Power Blades (India) Private Limited for Rs 158.5 crore. TeamLease Services: Company acquired additional 25 percent stake in Cassius Technologies Private Limited (Fresher's World). Aster DM Healthcare: Company incorporated a limited liability partnership, Aster Clinical Lab LLP, in India. City Union Bank: Bank is registered as a mutual fund distributor with BSE Star Mutual Fun...

Buying advisable in pharma with long-term view: Kotak Securities

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On the higher side, 11,090 would be a hurdle and in case market crosses 11,090 on March 11 then we can expect one more round of trending move towards 11,140-11,150. Nifty on March 8 ended at 11,089 and a close below 11,050 suggests that Nifty is on the verge of retracing to 10,900-10,880. However, while looking at the options data, 11,000 and 10,950 would play important roles while falling towards 10,900. Based on the short-term outlook of the market at 10,950-10,955, we should be ready to cover our short selling positions and to accumulate select stocks between 10,950 and 10,900. On the higher side, 11,090 would be a hurdle and in case market crosses 11,090 on March 11 then we can expect one more round of trending move towards 11,140-11,150. The broader outlook of the market is turning positive as the market breadth has improved dramatically in the last 10 days and that would shift base higher. The earlier base was at 10,550 and now it would shift to 10,8...

24th August- OPENING BELL >> Nifty To Continue Its Buy Trend, FII And PRO Has Created Buy Position In Option- Get Free Intraday Tips Call on 9644405056

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GET INDIAN STOCK MARKET TIPS AND RECOMMENDATIONS CLICK HERE AND SUBSCRIBE FREE >> http://www.ripplesadvisory.com/free-trial.php The Benchmark Index Nifty closed in green after consecutive 4 days of negative close. The Index moved up by 74 points and closed at 9852. Nifty opened at 9803 and made a low of 9787. Metals & Mining remained the top performing sector. Bank Nifty closed at 24317 after making a high of 24350, the Index opened at 24085 and made a low of 24074. PNB Bank rose 3.33%, Canara Bank jumped 2.60%, IDFC Bank moved up by 2.20%. Nifty to open gap up by 12 points at 9871 against yesterday’s close of 9859 as per SGX Nifty. The Cash Market Benchmark Index Small Cap closed at 7471 after making a high of 7477, the Index opened at 7420 and made a low of 7418.

रुपया 12 पैसे टूटकर 64.66 पर खुला

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आज भी डॉलर के मुकाबले रुपये की शुरुआत कमजोरी के साथ ही हुई है। डॉलर के मुकाबले रुपया आज 12 पैसे की कमजोरी के साथ 64.66 के स्तर पर खुला है।  डॉलर के मुकाबले रुपये में कल भी कमजोरी देखने को मिली थी। डॉलर के मुकाबले रुपया कल 24 पैसे की गिरावट के साथ 64.54 के स्तर पर बंद हुआ था। For more Information Visit Us:- http://ripplesadvisory.com/stock-future-hni-.php or Get Free Trials Just Call @96-44-40-50-56

Tata Motors to use two Technologies for BS IV Norms

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Automobile major Tata Motors Ltd. on Wednesday said it is ready with Selective Catalytic Reduction (SCR) and Exhaust Gas Recirculation (EGR) technologies for BS IV compliant engines for its commercial vehicles.  In a statement issued here, Tata Motors said EGR technology adopted by Tata Motors in 2010 will continue to power small-to-medium category of commercial vehicles with engine power requirements up to 180HP.  Additionally, Tata Motors has adopted the SCR technology since 2014 for its Medium and Heavy-Duty Commercial vehicles ranging from 130HP to 400HP. Tata Cummins Ltd, a joint venture between Tata Motors and US-based Cummins Inc., has developed these engines.  While EGR is a relatively low cost, simple, and easy to integrate technology, SCR can be scaled up further to meet the stringent BS VI emission standards, the company said. For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Tri...

Petron Engineering Spurts after Winning Order

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Petron Engineering Construction surged 14.29% to Rs 168 at 10:15 IST on BSE after the company said it has received work order from Guruashish Construction, HDIL Towers, Bandra-East, Mumbai. The announcement was made after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 62.15 points, or 0.21%, to 30,071.20. The S&P BSE Small-Cap index was up 2.47 points, or 0.02%, to 15,285.13. More than usual volumes were witnessed on the counter. On the BSE, 72,254 shares were traded in the counter so far, compared with an average volume of 4,104 shares in the past one-quarter. The stock had hit a high of Rs 174.90 and a low of Rs 160.20 so far during the day. The stock had hit a 52-week high of Rs 220 on 6 May 2016. The stock had hit a 52-week low of Rs 122 on 21 November 2016. The stock had outperformed the market over the past one month till 26 April 2017, rising 3.27% compared with the Sensex's 2.42% rise. The scrip had, however, underpe...

Axis Bank Declines after Reporting Tepid Q4 Results

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For more Live premium stock future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56. Axis Bank declined 1.72% to Rs 508.40 at 9:40 IST on BSE after net profit dropped 43.13% to Rs 1225.10 crore on 4.33% rise in total income to Rs 14181.31 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours yesterday, 26 April 2017. Meanwhile, the S&P BSE Sensex was down 29.63 points or 0.1% at 30,103.72. On the BSE, 5.08 lakh shares were traded on the counter so far as against the average daily volumes of 9.17 lakh shares in the past one quarter. The stock had hit a high of Rs 525 and a low of Rs 503.60 so far during the day. The stock had hit a 52-week high of Rs 638 on 7 September 2016 and a 52-week low of Rs 424.60 on 10 January 2017. The stock had outperformed the market over the past one month till 26 April 2017, rising 5.74% compared with the Sensex's 2.42% rise. The sc...

Goldman to sell up to $123 Million worth Shares in Max Financial

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Goldman Sachs will sell shares worth up to $123 million in India's Max Financial Services Ltd on Friday, according to a deal term sheet seen by Reuters.  Goldman will sell up to 3.74 percent stake in Max Financial in a block trade, the term sheet revealed. The share sale's floor price has been set at 607 rupees apiece. Max Financial shares closed at 650.95 rupees on Thursday on the National Stock Exchange.  For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

विप्रो ने की सैकड़ों कर्मचारियों की छंटनी

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देश के तीसरी सबसे बड़ी सॉफ्टवेयर कंपनी विप्रो ने सैकड़ों कर्मचारियों की छंटनी की है। समाचार एजेंसी पीटीआई ने सूत्रों के हवाले से बताया है कि सालाना परफॉर्मेंस अप्रेजल के बाद कंपनी ने करीब 600 लोगों को हटा दिया है। कंपनी 25 अप्रैल को अपना सालाना और साल के आखिरी क्वार्टर के नतीजे जारी करने वाली है। विप्रो के इस कदम को आईटी कंपनियों की मौजूदा चुनौतीपूर्ण स्थिति से जोड़कर भी देखा जा रहा है। अभी अमेरिका, सिंगापुर, ऑस्ट्रेलिया और न्यूजीलैंड में वीजा नियमों की सख्ती के चलते आईटी कंपनियों फिलहाल मुश्किल दौर में हैं। आईटी मंत्री रविशंकर प्रसाद ने अमेरिका की एच1बी वीजा नीति पर कड़ी प्रतिक्रिया दी है। उन्होंने कहा कि भारत की आईटी कंपनियां रोजगार के मौके बढ़ाने पर जोर देती है। साथ ही उन्होंने कहा कि इस मामले को उच्च स्तर पर उठाया जा रहा है। For more Live Premium Stock Future Visit Us:- http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56.

Kotak Mahindra Aims to Double Customer Base on new app

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Kotak Mahindra Bank on Wednesday said it is planning to double its customer base through its new mobile banking app called 8-11. "We plan to double customer base in the next 18 months through the unique new phenomenon in Indian banking named 8-11," Uday Kotak, executive vice-chairman and MD of Kotak Mahindra Bank told reporters here at the launch of the app.  For more Live stock cash tips Visit Us http://ripplesadvisory.com/premium-stock-future-.php or Get Free Trials Just Call @96-44-40-50-56. "It is inspired by Prime Minister Narendra Modi's November 8 (demonetisation) move. The inspiration is from Modi's vision of new India," he said. People can open an account using Aadhaar and PAN on 8-11, which offers up to six per cent interest on savings bank accounts, he added.  "It offers zero balance, zero charges for all digital transactions. Only Aadhaar and PAN are required to open and operate it," Kotak said.

Tata Power`s arm sells stake in Nelito

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Tata Power has said in a filing to the Bombay Stock Exchange that NELCO and Af-Taab, subsidiaries of the company, along with other shareholders of Nelito have entered into an agreement for sale of shares of Nelito to DTS Corporation, Japan.  NELCO Limited (NELCO), a subsidiary of the Company and Af-Taab Investment Company Limited (Af-Taab), a wholly owned subsidiary of the Company, both together hold 49.89 per cent in Nelito Systems Limited (Nelito).  Tata Power is India's largest integrated power company with significant international presence in wind, solar, hydro and geothermal energy space. Meanwhile, shares of the company were trading at Rs 85.80 apiece, down 0.81 per cent from the previous close at 09:30 hours on BSE. For more Live stock cash tips Visit Us http://ripplesadvisory.com/premium-stock-cash.php or Get Free Trials Just Call @96-44-40-50-56.

Market To Remain Volatile Ahead Of Banknifty Expiry & Heath Care Bill Voting In Senate

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Indian Benchmark Index Nifty closed in the negative territory for the fourth consecutive day after making and all time high of 9218 tracking weak global cues. The index has correcred almost 190 points from its high, if it falls further below 9060 immediate support is at 8892. Yesterday Nifty Index opened gap down by 75 points at 9047 and closed at 9030 after making a low of 9019.        Join stock Cash HNI Service with 95% Accuracy                http://ripplesadvisory.com/stock-cash.php Bank Nifty yesterday opened gap down by 204 points at 20815 and closed at 20781 after making low of 20754. ICICI Bank fell almost 2.52%, HDFC Bank 0.83% and SBI fell 1.69%. Small Cap index opened gap down by 45 points at 6775 and closed at 6774 after making low a 6754. Nifty Future is opening at 9083.50 as per SGX Nifty at 8:10 am IST, 37 point above its previous close of 9046.75.

Bank of India Raises Rs 1,000 cr to Strengthen tier-I Capital

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Get Live Indian Stock Market News Updates Visit Us  http://www.ripplesadvisory.com  or Get Free Trials Just Give One Missed Call @96-44-40-50-56. Bank of India has raised Rs 1,000 crore by issuing Basel III-compliant additional tier-I bonds, reported PTI. "The bank has raised Rs 1,000 crore by issue of Basel III compliant additional tier-I bonds on March 15, 2017," it said in a regulatory filing. Bondholders will get a yield of 9.95 per cent per annum. The bonds are rated AA(-) by Brickwork and A+ by Crisil. In view of implementation of global standard Basel III Capital Regulations, banks need to improve and strengthen their capital planning processes.  The norms are being implemented to mitigate concerns on potential stresses on asset quality and consequential impact on performance and profitability of banks. Being implemented in phases since April 1, 2013, India is expected to fully implement Basel III standards by March 2019. This will align full imple...

HDFC to Raise Rs 2,000 cr via Debentures

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For Two Days Free Trial in Share Market (ONE MISSED CALL) on 9644405056 or you can click our given link below >>  http://www.ripplesadvisory.com HDFC Ltd will raise Rs 2,000 crore on private placement basis by issuing NCDs to shore up its long term capital, reported PTI. HDFC will issue secured redeemable non-convertible debentures on a private placement basis on March 14 to raise the sum, it said in a regulatory filing. The debentures will fetch investors yield of 7.45 per cent per annum. They will be up for redemption on June 14, 2018.  "The object of the issue is to augment the long-term resources of the corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements," it said. Axis Bank is the arranger for the issue.

RBI Allows More Equity buying in South Indian Bank

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Foreign investors are permitted further purchases of equity shares in private sector South Indian Bank as the prescribed 49 per cent threshold caution limit stipulated under the extant FDI policy has come down, reported PTI. Foreign shareholding by ADR/GDR/FIIs/RFPIs/NRIs/FDIs/PIOs in South Indian Bank has reached the trigger limit, a Reserve Bank notification said. "Hence further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India," RBI added. Foreign portfolio investors held 34.82 per cent of the paid-up capital in the bank, NRIs 2.46 per cent and DB International (Asia) 1.51 per cent as on December 31, 2016 as per data from BSE. FIIs, NRIs and PIOs (Persons of Indian Origins) can invest in primary and secondary capital markets in India through PIS. The RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis and has fixed the cut-off points two percentage points low...

Market May See Volatile Session As UP Election Result Will Be Announced This Week

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Indian Benchmark Index Nifty on Friday closed at 8898 after making low of 8860, the index made a high of 8907 after opening at 8884. From last 2 week Nifty Index fell almost 1.05% from high of 8993. Click here for more  http://www.ripplesadvisory.com Bank Nifty closed at 20496 after making a low of 20423, the Index made a high 20580 after opening at 20573. Last week the Index was down by 1.83%, the index 3 week high was at 21042. Smallcap Index closed at 6649 after making low of 6588, the index made a high of 6657 after opening at 6598. Last week the index made a record high of 6776 and closed in a positive territory of 0.51%. Nifty Future is opening at 8929 as per SGX Nifty at 8:30 am IST, 31 point above its previous close of 8898.

Wheat Futures Scale New Two Week Lows

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For More Update Click Here  www.ripplesadvisory.com . Wheat futures have scaled two week's lows on the account of steady supplies in local mandies. As per latest data compiled by agriculture ministry , India's wheat area has been increased to 31.8 million hectares in 2016-17, against the previous record of 31.5 million hectares planted in 2013-14. The government agencies have also planned to procure 33 million tonnes of wheat this rabi season. This is almost 10% more than the procurement made in last season. The agencies has raised the targets in the wake of bumper production estimates in the current year. The NCDEX April futures declined by 1.33% today to close at Rs 1705 per quintal.

Finance Minister Reels off Statistics, says Data call for Rating Upgrade

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HURRY UP two days FREE TRIAL invest money make more of it click here http://www.ripplesadvisory.com  and Miss Call :-9303093093. Citing sound macroeconomic parameters, finance ministry officials on Tuesday pitched for a rating upgrade in their meeting with global rating agency Fitch, reported PTI. The officials also sought to understand how it rates sovereigns as rating agencies have been denying an upgrade citing stress on balance sheets of both banks and corporates. The ministry also explained the representatives strict fiscal discipline that the government intends to follow, besides various steps taken by the government in the recent Budget to prop up growth.  The Fitch officials told the government that it focuses more on structural reforms with medium- to long-term impact to change its ratings view, a finance ministry official said. Fitch has investment-grade BBB- sovereign credit rating with stable outlook for India.  It also explained the weightage...

Pharma Pricing Regulator cuts stent Prices by up to 85%

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In a major measure of relief to cardiac patients in India, the government on Tuesday fixed the ceiling price of coronary stents which are used to open up blocked arteries. The National Pharmaceutical Pricing Authority, in a notification, put a ceiling price on drug eluting stents (DES) and bioresorbable stents at Rs 29,600, and that of bare metal stents at Rs 7,260, effective from Tuesday. The ceiling price excludes local taxes.  HURRY UP two days FREE TRIAL invest money make more of it click here http://www.ripplesadvisory.com  and Miss Call :-9303093093. The cost of a drug eluting stent currently ranges between Rs 24,000 and Rs 1.5 lakh, and that of a bioresorbable stent is between Rs 1.7 lakh to Rs 2 lakh. A bare metal stent costs between Rs 7,000 and Rs 20,000. NPPA said it had consulted with various stakeholders on the matter.  "During deliberations, it was found that huge unethical markups are charged at each stage in the supply chain of coronary sten...

Rupee Weakens Marginally against US dollar ahead of Retail Inflation Data

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The Indian rupee weakened marginally against the US dollar ahead of the key consumer price inflation (CPI) data, which will be released after 5.30pm on Monday. The local currency opened at 66.91 a dollar. At 9.15am, the home currency was trading at 66.94, down 0.1% from its previous close of 66.88. According to a Bloomberg analyst poll, CPI will be at 3.24% in January from 3.41% a month ago. The wholesale price inflation data for January will be out on 14 February. Analyst estimates, WPI will be at 4.34% from 3.39% a month ago. SHARE and Stock Market Tips click here to subscribe us:- http://www.ripplesadvisory.com India’s 10-year bond yield was at 6.804%, from its Friday’s close of 6.805%. Bond yields and prices move in opposite directions. India’s benchmark Sensex index rose 0.28% or 78.37 points to 28,412.62. So far this year, Sensex has risen 6.8%. Since the beginning of this year, the rupee has gained 1.55%, while foreign institutional investors have ...