Thursday 31 December 2020

Avoid filing revised income tax returns for faster processing under the Jhatpat scheme

Avoid filing revised income tax returns for faster processing under the Jhatpat scheme The Jhatpat processing facility helps in new return filings through ITR1 and ITR4. But filing revised returns will not help

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Top buy and sell ideas by Rahul Mohindar, Mitessh Thakkar for short term

Top buy and sell ideas by Rahul Mohindar, Mitessh Thakkar for short term Mitessh Thakkar of mitesshthakkar.com recommends buying Motherson Sumi Systems around Rs 163-163.5 with a stop loss below Rs 160, target at Rs 172 and United Breweries with a stop loss of Rs 1,165, target at Rs 1,225.

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Dense fog reduces visibility to near-zero in parts of Delhi

Dense fog reduces visibility to near-zero in parts of Delhi The cold wave-like conditions in the national capital were triggered by snowfall in the hills.

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Drugmakers to hike prices for 2021 as pandemic, political pressure put revenues at risk

Drugmakers to hike prices for 2021 as pandemic, political pressure put revenues at risk The hikes come as drugmakers are reeling from effects of the COVID-19 pandemic, which has reduced doctor visits and demand for some drugs. They are also fighting new drug price cutting rules from the Trump administration, which would reduce the industry#39;s profitability.

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Canada to require air travelers to test negative for COVID-19

Canada to require air travelers to test negative for COVID-19 Passengers will need to have a negative polymerase chain reaction (PCR) COVID-19 test taken within 72 hours prior to their scheduled departure to Canada, the country said on Wednesday, after social media images of maskless Canadian tourists abroad prompted calls for stricter measures to curb the virus.

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Donald Trump extends immigration bans despite opposition from US business groups

Donald Trump extends immigration bans despite opposition from US business groups The bans, which were issued in April and June, were set to expire on Dec. 31, but will be extended until March 31, 2021, the latest in a series of last-gasp immigration moves by the outgoing Trump administration. A broad range of businesses oppose the ban on certain foreign workers.

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Stocks in the news: Antony Waste, IDBI Bank, JSPL, Canara Bank and RIL

IDBI Bank said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore.

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NYSE to delist Chinese telco giants on US executive order

The three companies have separate listings in Hong Kong. All generate the entirety of their revenue in China and have no meaningful presence in the U.S. except for their listings there.

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Trade Spotlight: What should investors do with Prakash Pipes, GATI Borosil Renewables?

Shrikant Chouhan Stocks that were in focus on Thursday include Prakash Pipes which rallied 19 percent, GATI (up over 3 percent) and Borosil Renewables which wiped out gains after hitting a 52-week high of Rs 323.25.

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Discovery series: Visaka Industries – Better days ahead

Discovery series: Visaka Industries – Better days ahead Visaka has delivered stupendous returns from March on the back of a resilient business performance in H1 and an euphoric stock market rally

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Canara Bank raises Rs 1,635 cr through AT-1 bonds

Canara Bank raises Rs 1,635 cr through AT-1 bonds As at September-end 2020, the bank#39;s capital to risk-weighted assets ratio (CRAR) stood at 12.77 per cent. Out of this, tier-I was 9.54 per cent and tier-II was 3.23 per cent.

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International flights on January 1: Here are flights operated by Air India under Vande Bharat Mission

International flights on January 1: Here are flights operated by Air India under Vande Bharat Mission International flights: Check flights leaving for and from India to bring back stranded Indians.

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PM Narendra Modi greets nation on new year

PM Narendra Modi greets nation on new year "Wishing you a happy 2021! May this year bring good health, joy and prosperity. May the spirit of hope and wellness prevail," the prime minister tweeted.

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DAILY VOICE | 2021 will be a stock-pickers market, says Unmesh Sharma of HDFC Securities

Unmesh Sharma Our preferred sectors continue to be IT, Chemicals, Pharma, Telecom, Insurance, large Banks, Cement, Durables and Gas while we remain underweight on Consumption (Staples, Discretionary and Autos).

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How does the coronavirus variant spread? Here#39;s what scientists know

How does the coronavirus variant spread? Here#39;s what scientists know In Britain, where it was first identified, the new variant became the predominant form of the coronavirus in just three months, accelerating that nation’s surge and filling its hospitals.

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China reports first case of new coronavirus variant: CDC

China reports first case of new coronavirus variant: CDC Countries around the world have cut off travel links to Britain to stop the spread of the new variant, which scientists have said is 40-70% more transmissible than the original virus.

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What changed for the market while you were sleeping? Top 10 things to know

What changed for the market while you were sleeping? Top 10 things to know Trends on SGX Nifty indicate a flat opening for the index in India with a 14 point gain.

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WHO clears coronavirus vaccine for emergency use

WHO clears coronavirus vaccine for emergency use Every country that has a drug regulatory agency will have to issue its own approval for any COVID-19 vaccine, but countries with weak systems usually rely on WHO to vet the shots.

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Britain ends long Brexit journey with economic break from European Union

Britain ends long Brexit journey with economic break from European Union Britain left the European Union#39;s vast single market for people, goods and services at 11 pm on December 31, 2020 -- completing the biggest single economic change the country has experienced since World War II.

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US imposes $30 million penalty on Daimler for delayed truck recalls

US imposes $30 million penalty on Daimler for delayed truck recalls The National Highway Traffic Safety Administration (NHTSA) said Daimler Trucks North America failed to recall vehicles in a timely fashion and comply with reporting requirements after the agency opened a probe in April 2018 of about 464,000 vehicles.

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Kerala Lottery Result: #39;Nirmal NR-205#39; lottery winners to be announced today at 3 pm

Kerala Lottery Result: #39;Nirmal NR-205#39; lottery winners to be announced today at 3 pm Kerala lottery result Nirmal NR-205: While the first prize winner will get Rs 70 lakh, the second prize winner will win Rs 10 lakh.

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US vaccinations in 2020 fall far short of target of 20 million people

US vaccinations in 2020 fall far short of target of 20 million people Shots are reaching nursing home residents at an even slower pace than others first in line even though they are most at risk of dying of the virus.

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Captivating images of New Year celebrations around the world

Captivating images of New Year celebrations around the world Mumbai, Berlin, Tokyo and beyond — here are stunning images of fireworks lighting up the night sky and revellers ringing in year 2021

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Wednesday 30 December 2020

Trade Spotlight: What should investors do Suzlon, Astral Poly EID Parry?

Ruchit Jain All three stocks hit their respective fresh 52-week high on Wednesday.

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SGX Nifty up 10 points; here's what changed for market while you were sleeping

Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday, buoyed by hopes that COVID-19 vaccine rollouts will help the world beat the pandemic.

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Pharma, IT funds among top performers this year

​​International funds which allocate money in overseas markets also benefited as investors disappointed in the performance of domestic equity schemes shifted a portion of their money to these products.

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Stocks in the news: Infosys, YES Bank, Vedanta, Ansal Properties, Union Bank and Coromandel International

YES Bank board has approved promotion of Niranjan Banodkar as the Group Chief Financial Officer (CFO).

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DAILY VOICE | Current bull market likely to extend to 2021, though 10-15% pullback can be seen in beginning: Unmesh Kulkarni of Julius Baer

Unmesh Kulkarni Domestically, the key monitorable will be the overall recovery in the economic environment and corporate earnings.

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Govt cautions people against sharing Aadhaar numbers, OTPs for anti-Covid inoculation

Govt cautions people against sharing Aadhaar numbers, OTPs for anti-Covid inoculation A Gorakhpur district health official said the state government has launched no plan as yet to get general people inoculated against Covid as the state’s priority is to vaccinate frontline anti-Covid workers.

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Coronavirus News LIVE Updates: West Bengal reports 1,178 new COVID-19 cases, 28 deaths

Coronavirus News LIVE Updates: West Bengal reports 1,178 new COVID-19 cases, 28 deaths Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

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Total government liabilities rise to Rs 107 lakh cr in Q2: Finance ministry report

Total government liabilities rise to Rs 107 lakh cr in Q2: Finance ministry report Public debt accounted for 91.1 per cent of total outstanding liabilities at end-September 2020, as per the latest quarterly report on public debt management.

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International flights on December 31: Here are flights operated by Air India under Vande Bharat Mission

International flights on December 31: Here are flights operated by Air India under Vande Bharat Mission International flights: Check flights leaving for and from India to bring back stranded Indians.

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ISRO chairman K Sivan gets one-year extension as secretary of Department of Space

ISRO chairman K Sivan gets one-year extension as secretary of Department of Space The Appointments Committee of the Cabinet has approved the extension of tenure of Sivan K, secretary, Department of Space and chairman, Space Commission, for a period of one-year beyond January 14, 2021, that is up to January 14, 2022, it said.

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PM Modi to lay foundation stone of LHPs at six sites on January 1 via video conferencing

PM Modi to lay foundation stone of LHPs at six sites on January 1 via video conferencing His office said on Friday that Modi will also announce winners under Affordable Sustainable Housing Accelerators - India (ASHA-India) and give out annual awards for excellence in implementation of the Pradhan Mantri Awas Yojana - Urban (PMAY-U) Mission.

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What changed for the market while you were sleeping? Top 10 things to know

What changed for the market while you were sleeping? Top 10 things to know Trends on SGX Nifty indicate a flat opening for the index in India with an 11 point gain.

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How cities around the world will say goodbye, at long last, to 2020

How cities around the world will say goodbye, at long last, to 2020 The year that seemed to drag on forever is finally coming to an end.

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Joe Biden, Donald Trump to campaign in Georgia on eve of Senate runoffs

Joe Biden, Donald Trump to campaign in Georgia on eve of Senate runoffs The visits come as Trump escalates his fight with fellow Republican leaders in the state for not supporting his bid to overturn the election results. On Wednesday, he called for the state#39;s Republican governor, Brian Kemp, to resign.

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Mitch McConnell thwarts Donald Trump bid for $2,000 coronavirus economic relief checks

Mitch McConnell thwarts Donald Trump bid for $2,000 coronavirus economic relief checks McConnell said on the Senate floor that a bill passed by the Democratic-controlled House of Representatives, which sought to meet fellow Republican Trump#39;s demands for bigger checks, "has no realistic path to quickly pass the Senate."

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CVD likely on Malaysian Clear Float Glass

In the notification, the authority said that the domestic industry has submitted that it is currently going through a deep crisis due to the prolonged lockdown in India.

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2021: Freakish high growth & 3 big things

Indian economy has shown resilience amid Covid and low GoI debt creation may aid recovery. But without deep reforms new normal will be 6%, not 8%

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Trading volumes remain high despite higher margin norms

The volumes show liquidity is not a major issue for the Indian retail investor. Volumes are unlikely to go down drastically because of a sharp market rally, increase in client margin through pledge of shares and a gradual streamlining of the process.

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PSBs outshine private peers in deposit growth

Term deposits – contributing almost 60% of total deposits – moderated, reflecting the easing of interest rates and the lure of returns on competing asset classes. Term deposit growth of private banks decelerated sharply even as it quadrupled in public sector banks, Reserve Bank of India said.

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Stocks in the news | Filatex India, Sangam India, FDC, Centum Electronics, Chemcon Special, GMR Infrastructure

Stocks in the news | Filatex India, Sangam India, FDC, Centum Electronics, Chemcon Special, GMR Infrastructure Shriram Transport Finance, Coromandel International, Prabhat Technologies (India), Vibrant Global Capital, Indian Terrain Fashions, MT Educare, Patel Integrated Logistic, Southern Petro, Fortis Healthcare, Electrotherm (India), Ortin Laboratories, Jindal Poly Films, Indian Overseas Bank, are also among the stocks in focus today.

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Lottery Sambad Result December 31: ‘Dear Bangabhumi Bhagirathi’ lottery winners to be announced today at 4 pm

Lottery Sambad Result December 31: ‘Dear Bangabhumi Bhagirathi’ lottery winners to be announced today at 4 pm Lottery Sambad Result: The first prize winner of the #39;Dear Bangabhumi Bhagirathi#39; lottery will take home Rs 50 lakh. The second prize is Rs 9,000, the third prize is Rs 500 and the fourth prize is Rs 250. There is a consolation prize of Rs 1,000.

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Oil set for 20% drop in 2020 as lockdowns weigh

Oil set for 20% drop in 2020 as lockdowns weigh On Thursday, the last trading day of 2020, Brent was trading down 18 cents, or 0.4%, at $51.45 a barrel, as of 0136 GMT and U.S. West Texas Intermediate (WTI) lost 0.1%, or 5 cents, to $48.35 a barrel.

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Hot Stocks | Can bet on Grasim Industries, Eicher Motors for short-term

Rohan Patil Nifty is still holding well above the weekly pivot of 13,352, while also holding above the value zone of 13,666.

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Tuesday 29 December 2020

Stocks in news: Jindal Steel & Power, UPL, EID Parry, and more



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Stocks in the news: Vedanta, RIL, Future Enterprises, Jindal Steel and Future Consumer

Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees.

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Analysts expect fewer loan recasts now

Analysts are also forecasting lower credit provisions and better profitability for banks in the next fiscal year starting April 1, on the back of improved asset quality with a quick economic turnaround.

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#39;Outlook for 2021 remains positive as Asian economies rebound faster than expected#39;

Jyoti Roy News on vaccine trials, stimulus packages, and an increase in industrial activity will give markets the much-needed push to perform in the middle and long run.

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