Flat opening expected today.
Rising crude oil prices can be a concern of worry for the market.
Hope on US Tax bill and fastest growth in US economy in last 2 years lifted three major US indices up.
🎯 News & Impact 🎯
🎯 HDFC :
Deal To Sell Capital Of HDFC Developers & HDFC Realty For Rs.102 Cr & Rs.255 Cr Respectively to Quikr India.
🎯 Sunpharma :
Recalls Two Batches Of Diabetic Drug From US Market.
🎯 Auropharma :
Aurobindo Pharma Gets US FDA Nod For Amlodipine Besylate & Valsartan Tablets.
Positive for the stock.
🎯 NHPC :
Company approved amending the company's MoA to enable it to apply to power regulator CERC for trading licence. The decision is in line with the Power Ministry's plan to make NHPC an aggregator for meeting the demand of peaking power.
Positive for the stock.
🎯 TCS :
TCS is assured of $320mn in business from Nielsen every year from 2017 to 2020, $186mn in annual revenue from 2021 through 2024 and $139.5mn in 2025.
Positive for the stock.
🎯 Bharti Airtel :
UIDAI Allows Co To Resume Aadhaar Based e-KYC Services.
🎯 Havells India :
The company announced its foray in the water purifiers segment aiming at Rs 100 crore revenue in the first year of operations.
🎯 Khaitan Electricals :
Seasite Finance Filed Application With NCLT Hyderabad To Initiate Corporate Insolvency Resolution Process (CIRP) Vs Co.
🎯 Canara Bank :
Canara Bank Proposes To Offload 4% Stake In Can Fin Homes.
🎯 Adani Power, Tata Power, Suzlon Energy, Inox Wind :
Wind power tariff hit new low of Rs. 2.43/unit.
Negative for the stocks.
🎯 Dilip Buildcon :
Company has been awarded two new EPC projects valued at Rs.517.81 Cr. by Ircon International.
Edited by Sharp.
© Sharp Investment & Financial Advisers
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