Monday 30 November 2020

DAILY VOICE | Nifty can gain 12-14% over a year, but broader markets will do better: Vinay Agrawal of Angel Broking

Vinay Agrawal We continue to remain positive on the markets from a medium to long term perspective given improving fundamentals.

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Stocks in the news: Maruti, M&M, ONGC, Dr Reddy’s Labs, Infibeam and Route Mobile

Dr Reddy's Laboratories on Saturday said it has inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands.

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Nifty may struggle to trade above 13,200

The Nifty ended down 18 points, or 0.1%, to close at 12,968.95 and the Sensex slipped 110 points, or 0.2%, to close at 44,149.72. Analysts expect the Nifty to find support at 12,600-12,700.

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Farmer protest update: Sombir Sangwan resigns as Haryana#39;s Pashudhan Board Chairman in support of movement

Farmer protest update: Sombir Sangwan resigns as Haryana#39;s Pashudhan Board Chairman in support of movement Sombir Sangwan said, "I#39;ve resigned as Haryana Pashudhan Board Chairman in support of ongoing farmers movement. Today morning at 10 am, all members of Sangwan Khap will proceed to Delhi we will support protesting farmers till the very end".

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All India Taxi Union threatens to go on strike if demands of agitating farmers not met within 2 days

All India Taxi Union threatens to go on strike if demands of agitating farmers not met within 2 days President of the Union, Balwant Singh Bhullar, said they are giving two days to the central government to meet the demands of the farmers.

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China gave COVID-19 vaccine candidate to North Korea#39;s Kim Jong Un: US analyst

China gave COVID-19 vaccine candidate to North Korea#39;s Kim Jong Un: US analyst Harry Kazianis, a North Korea expert at the Center for the National Interest think tank in Washington, said the Kims and several senior North Korean officials had been vaccinated.

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Delhi breathed more polluted air in November this year than 2019

Delhi breathed more polluted air in November this year than 2019 The city also recorded nine "severe" air days this November, the maximum number in the month in four years.

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Stocks in the news | SAIL, Maruti, Tata Motors, Future Consumer, NLC India, Kalpataru Power

Stocks in the news | SAIL, Maruti, Tata Motors, Future Consumer, NLC India, Kalpataru Power MM, Bajaj Auto, TVS Motor, Hero MotoCorp and Ashok Leyland in focus, Hero Motocorp, V2 Retail, Akashdeep Metal Industries, JTL Infra, Aditya Birla Fashion and Retail, ICICI Lombard are also among the stocks in focus today.

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocksnews/stocksthe-news-|-sail-maruti-tata-motors-future-consumer-nlc-india-kalpataru-power_14540701.html

Janet Yellen as Treasury Secretary to help economic recovery from COVID-19 crisis: Experts

Janet Yellen as Treasury Secretary to help economic recovery from COVID-19 crisis: Experts "Dr. Janet Yellen#39;s discipline, determination, and dazzling track record of success at the forefront of economic policy-making will be indispensable in our country#39;s work to not only recover from this crisis, but to build back better," House Speaker Nancy Pelosi said after US President-elect Joe Biden announced to nominate the 74-year-old Yellen as his Treasury Secretary.

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Joe Biden speaks with UN chief, discusses strengthening partnership on urgent global issues

Joe Biden speaks with UN chief, discusses strengthening partnership on urgent global issues They also talked about building resilience to future public health challenges, confronting the threat of climate change, addressing humanitarian issues, advancing sustainable development, upholding peace and security, resolving conflicts, and promoting democracy and human rights, it said.

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OPEC postpones talks to December 3 amid disagreements: Sources

OPEC postpones talks to December 3 amid disagreements: Sources OPEC , which includes the Organization of the Petroleum Exporting Countries, Russia and other allies, had been scheduled to hold its meeting on Tuesday at 1300 GMT.

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Kerala lottery result: #39;Sthree Sakthi SS-238#39; lottery winners to be announced today at 3 pm

Kerala lottery result: #39;Sthree Sakthi SS-238#39; lottery winners to be announced today at 3 pm Kerala lottery result: The first prize winner of the Kerala state lottery #39;Sthree Sakthi SS-238#39; will take home Rs 75 lakh.

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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 start for the broader index in India. The Nifty futures were trading flat around 12,996.50 level on the Singaporean Exchange.

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Asian shares open higher following stellar month of gains

Asian shares open higher following stellar month of gains MSCI#39;s gauge of stocks across the globe was roughly flat. Hong Kong#39;s Hang Seng index futures were down 0.36%, while China#39;s CSI 300 futures were 0.36% higher.

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

International flights on December 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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Saudi Arabia agrees to allow Israeli commercial planes to cross its airspace: Senior Donald Trump official

Saudi Arabia agrees to allow Israeli commercial planes to cross its airspace: Senior Donald Trump official Kushner and Middle East envoys Avi Berkowitz and Brian Hook raised the issue shortly after they arrived in Saudi Arabia for talks. "We were able to reconcile the issue," the official told Reuters.

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Oil falls as OPEC talks delays raise supply concerns

Oil falls as OPEC talks delays raise supply concerns Opening trading for December Brent crude was down 20 cents, or 0.4% at $47.68 a barrel by 0136 GMT, after dropping more than 1% on Monday. West Texas Intermediate was down by 27 cents, or 0.6% at $45.07 a barrel, having dropped 0.4% in the previous session.

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Lottery Sambad Result December 1: ‘Dear Bangalakshmi Torsha#39; lottery winners to be announced at 4 pm

Lottery Sambad Result December 1: ‘Dear Bangalakshmi Torsha#39; lottery winners to be announced at 4 pm Lottery Sambad Result: The first prize winner of the #39;Dear Bangalakshmi Torsha#39; lottery will take home Rs 50 lakh.

from Moneycontrol Latest News https://www.moneycontrol.com/news/business/lottery-sambad-result-december-1-‘dear-bangalakshmi-torsha39-lottery-winners-to-be-announced-at-4-pm_14540581.html

Nifty may struggle to trade above 13,200

The Nifty ended down 18 points, or 0.1%, to close at 12,968.95 and the Sensex slipped 110 points, or 0.2%, to close at 44,149.72. Analysts expect the Nifty to find support at 12,600-12,700.

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Hot Stocks | ONGC, HDFC AMC can give up to 11% return in short term

Sameet Chavan November was a historical month for our markets as we saw two key indices, Nifty and Bank Nifty clocking sizable gains over 11 percent and 23 percent, respectively.

from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-ongc-hdfc-amc-can-giveto-11-returnshort-term_14540541.html

Global stock markets slide at end of record November

Global stock markets slide at end of record November Dow Jones Industrial Average fell 271.73 points, or 0.91%, to 29,638.64, the SP 500 lost 16.72 points, or 0.46%, to 3,621.63 and the Nasdaq Composite dropped 7.11 points, or 0.06%, to 12,198.74.

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Coronavirus News LIVE Updates: Chhattisgarh COVID-19 tally zooms to 2.37 lakh with 1,324 new cases; 21 more die

Coronavirus News LIVE Updates: Chhattisgarh COVID-19 tally zooms to 2.37 lakh with 1,324 new cases; 21 more die Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country.

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Asian markets poised for choppy day after Wall Street#39;s fall

Asian markets poised for choppy day after Wall Street#39;s fall Hong Kong’s Hang Seng index futures were down 0.36%.

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Sunday 29 November 2020

Finmin asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources

Earlier this year, the Union Cabinet decided to halt the merger process of three state-owned general insurance companies due to weak financial positions of these three companies. Instead, the government approved fund infusion of Rs 12,450 crore to meet regulatory parameters.

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Paytm Money goes deeper into broking, opens IPO investments

Paytm Money goes deeper into broking, opens IPO investments Paytm, which is hoping to start making money and look at a public listing in the near future, needs its adjacent business units to start showing profits. Broking is an important part of that strategy and the back to back product launches should take it towards that goal

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Bank Nifty may continue to outperform, broader markets to remain strong in December

Nilesh Jain The overall focus has now shifted towards broader markets which outperformed this week and technically it is looking strong for the December month.

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Coronavirus state-wise tally November 30: Kerala#39;s COVID-19 tally nears 6 lakh

Coronavirus state-wise tally November 30: Kerala#39;s COVID-19 tally nears 6 lakh With more than 18.2 lakh COVID-19 cases, Maharashtra has reported the highest number of infections, followed by Karnataka (8.8 lakh) and Andhra Pradesh (8.6 lakh).

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Broader markets to outperform Nifty, experts bullish on these 35 names

Broader markets to outperform Nifty, experts bullish on these 35 names The Nifty midcap is still 15 percent away and smallcap 52 percent away from their peaks hit in January 2018.

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#39;Q2 GDP looks much better but no guarantee of improvement unless government spends more#39;

Joseph Thomas One should draw comfort from the fact that the GDP number is better-than-expected, and the final GDP number for the whole year may be a shade better than what was thought before, says Dr Joseph Thomas of Emkay Wealth Management.

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DAILY VOICE | Keeping in mind the volatility, prefer large midcap fund: Meeta Shetty of Tata Digital India Fund

Meeta Shetty The thumb rule of investing is good management, decent balance sheets cash flows, and improving ROCE are the core for stock picking in any market scenario.

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Coronavirus News LIVE Updates: Total COVID-19 recoveries surge to 88,47,600; active cases dip below 4.5 lakh

Coronavirus News LIVE Updates: Total COVID-19 recoveries surge to 88,47,600; active cases dip below 4.5 lakh Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 94.31 lakh. There are 4,46,952 active cases in the country.

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Adani ready to improve DHFL offer

Four entities – Adani Group, Piramal Group, US-based asset management company Oaktree Capital Management and SC Lowy – submitted bids for DHFL in October but lenders, who are getting DHFL auctioned to recover unpaid loans, wanted suitors to revise their bids as original offers were low.

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MC Insider: D-Street debuts, succession planning at condom maker, an agency’s dilemma and more

MC Insider: D-Street debuts, succession planning at condom maker, an agency’s dilemma and more Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power

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Exclusive: Bajaj, KTM parent firm restart talks on stake transfer

Exclusive: Bajaj, KTM parent firm restart talks on stake transfer Bajaj Auto holds 48% in the Austrian bike maker. The discussions are being held between Bajaj Auto International Holding BV, the Netherlands-based subsidiary, and Pierer Industrie AG, the parent company of Pierer Mobility AG.

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Need regular income after retirement? Here are some safe investment options

Need regular income after retirement? Here are some safe investment options Government securities are well-suited for long-term needs and give assured returns

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DAILY VOICE | Keep in mind the volatility, prefer large midcap fund: Meeta Shetty of Tata Digital India Fund

Meeta Shetty The thumb rule of investing is good management, decent balance sheets cash flows, and improving ROCE are the core for stock picking in any market scenario.

from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-keepmindvolatility-prefer-largemidcap-fund-meeta-shettytata-digital-india-fund_14538561.html

Petrol price at Rs 89/litre in Mumbai, cost of diesel at Rs 72.42/litre in Delhi

Petrol price at Rs 89/litre in Mumbai, cost of diesel at Rs 72.42/litre in Delhi Petrol, diesel price today: While the prices of petrol and diesel remained unchanged in Mumbai and Delhi on November 30, they fell marginally in Gurugram, Noida and Chennai.

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Break the stereotype: Buy High and Sell Higher, says Mayuresh Joshi

Mayuresh Joshi Stocks on the new-high list tend to go higher in price, while those on the new-low list tend to go lower. Good quality products are always expensive, so are the good quality stocks.

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Coronavirus News LIVE Updates: India#39;s COVID-19 tally breaches 94-lakh mark with 38,772 new cases

Coronavirus News LIVE Updates: India#39;s COVID-19 tally breaches 94-lakh mark with 38,772 new cases Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 93.92 lakh. There are 4,53,956 active cases in the country.

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Stock, forex markets shut on Monday on account of Gurunanak Jayanti

Stocks in Asia swung from gains to losses in early trading as investors monitored the progress of coronavirus vaccines on the final day of a record month for global equities. Against a basket of currencies, the greenback slipped 0.1 per cent to 91.707, its lowest since April 2018.

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Prospects have improved, but a sustained positive trend in equities would require acceleration in economic activity, says Harshad Patwardhan of Edelweiss Asset Management

Prospects have improved, but a sustained positive trend in equities would require acceleration in economic activity, says Harshad Patwardhan of Edelweiss Asset Management The chief investment officer (equities) at Edelweiss Asset Management identifies geopolitical risks and governments#39; response to a possible second wave of infections as key monitorables

from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/prospects-have-improved-butsustained-positive-trendequities-would-require-accelerationeconomic-activity-says harshad-patwardhan-of edelweiss-asset-management_14538501.html

Farmers#39; Protest LIVE Updates | Farmers refuse to move to Burari for talks, call it "open jail" threaten to block all entry points to Delhi

Farmers#39; Protest LIVE Updates | Farmers refuse to move to Burari for talks, call it Farmers#39; Protest LIVE Updates: A group of farmers marched to the national capital as part of their #39;Delhi Chalo#39; movement to protest against the Centre#39;s new farm laws

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World stocks boast record-breaking month, led by Europe

World stocks boast record-breaking month, led by Europe The rush to risk has also benefited oil and industrial commodities while undermining the safe-haven dollar and gold.

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Coronavirus News LIVE Updates: PM Modi to meet 3 teams involved in COVID-19 vaccine development today

Coronavirus News LIVE Updates: PM Modi to meet 3 teams involved in COVID-19 vaccine development today Coronavirus News LIVE Updates: Total COVID-19 cases in India have risen to 93.92 lakh. There are 4,53,956 active cases in the country.

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Crude oil at 8-month high, but rising US rigs, increased Libya production pandemic worries may limit upside

Hareesh V Looking ahead, vaccine hopes and optimism over global economic recovery continue to offer lower level support to prices.

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NSE, BSE shut today on account of Gurunanak Jayanti

NSE, BSE shut today on account of Gurunanak Jayanti On November 27, the Sensex ended 110.02 points, or 0.25%, lower at 44,149.72, and the Nifty fell 18 points, or 0.14%, to close at 12,969.

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Chandra Grahan 2020: Final lunar eclipse of 2020 to take place on November 30; check place, timings, other details

Chandra Grahan 2020: Final lunar eclipse of 2020 to take place on November 30; check place, timings, other details Compared to the previous three lunar eclipses that took place on January 10, June 5, and July 4, this last eclipse will be of longer duration

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Buy Ahluwalia Contracts (India); target of Rs 288: Prabhudas Lilladher

Buy Ahluwalia Contracts (India); target of Rs 288: Prabhudas Lilladher Prabhudas Lilladher is bullish on Ahluwalia Contracts (India) has recommended buy rating on the stock with a target price of Rs 288 in its research report dated November 18, 2020.

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COVID-19 vaccine | SII rejects claims of Covishield#39;s adverse effect, threatens to seek damages in excess of Rs 100 crore

COVID-19 vaccine | SII rejects claims of Covishield#39;s adverse effect, threatens to seek damages in excess of Rs 100 crore The volunteer is falsely laying the blame for his medical problems on the trial of COVID-19 vaccine Covishield, said Serum Institute of India

from Moneycontrol Latest News https://www.moneycontrol.com/news/business/covid-19-vaccine-|-sii-rejects-claimscovishield39s-adverse-effect-threatens-to-seek-damagesexcessrs-100-crore_14538241.html

Farmers#39; protest | Will #39;gherao#39; Delhi by blocking 5 main entry points, won#39;t shift to #39;open jail#39; Burari, say farmers

Farmers#39; protest | Will #39;gherao#39; Delhi by blocking 5 main entry points, won#39;t shift to #39;open jail#39; Burari, say farmers Farmers who arrived at the Delhi-Haryana border as part of their #39;Delhi Chalo#39; march against three farm bills, claim to have the ration for four months

from Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/farmers39-protest-|-will-39gherao39-delhi-by-blocking-5-main-entry-points-won39t-shift-to-39open-jail39-burari-say-farmers_14538221.html