13th Nov, Morning Brief

Market may open on a flat note.
Considering 10500 and 10200 is a consolidation band for the Nifty.

🎯 News & Impact 🎯

September IIP At 3.8 percent Vs 4.5 percent (MoM).

🎯 Axis Bank :
Axis bank To Sell 8.23 % Stake (Post Warrant Conv) For `11,626 Cr Via Fresh Eq & Warrants.

🎯 Reliance :
Reliance Jio looking to refinance USD 1.5 billion of overseas debt.

🎯 Rcom :
Differences with lenders may hit RCom’s SDR plan.

🎯 ONGC :
Company expects first oil from KG basin in 2020 and gas by 2019.

🎯 IPCA Labs :
Company wins order for supply of anti-malarial medicines by the Global Fund Pooled Procurement Mechanism.

🎯 HSIL :
HSIL approves plan for demerger of retail and building products business.

🎯 Welspun Enterprises :
Welspun Enterprises signs agreement with NHAI for expansion of a section of NH-31 at a project cost of Rs 1,161 crore.

Edited by Sharp.
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