Sunday, 1 April 2018

2nd April, 2018

A flat to positive opening expected as Asian markets are trading up today morning.

🎯 News & Impact 🎯

Listing Today :
Sandhar Technologies, Karda Construction.

Bajaj Finserv, Grasim and Titan will be replaced Ambuja Cement, Aurobindo Pharma & Bosch in Nifty50.

🎯 Vedanta :
Company wins bid to acquire Electrosteel Steels.

🎯 PNB :
The bank said it will Honour LoUs Worth Rs.6,500 crore on basis of undertaking by claimant bank.
Negative for the stock.

🎯 ICICI Bank :
RBI imposes monetary penalty of Rs 58.9 crore on ICICI Bank.

🎯 Karnataka Bank :
Reported Fraud Worth Rs.86.5 crore To RBI.

🎯 Allahabad Bank :
Bank cuts lending rates by 45 bps

🎯 IOC :
Company to invest Rs.1.4 lakh cr to double refining capacity.

🎯 Canara Bank :
Bank calls off move to divest stake in Can Fin Homes.

🎯 Ashoka Buildcon :
Its arm has won an award from NHAI for a stretch on Vadodara-Mumbai Expressway.

🎯 Ultratech Cement :
Company has received CCI Nod w.r.t its bid for Binani Cement.

🎯 Cadila Healthcare :
USFDA completes inspection at company's Topical manufacturing facility at Changodar, Ahmedabad

🎯 Tata Power :
To sell defence business to Tata Advanced Systems for Rs.2,230 crore

🎯 Videocon :
The company has approached NCLT against SBI move to change bankruptcy plea, according to a Mint report.

🎯 Tata Motors :
The company has tied up with BCCI for upcoming IPL.

🎯 Nitin Fire :
IFCI invokes pledge on 6.76 lakh shares held by the firm's promoter

🎯 McNally Bharat :
Promoter Acquires Additional 40 Lakh Shares

🎯 LT Foods :
Company approves increasing stake in subsidiary Raghunath Agro Industries.

🎯 Adani Ports :
Promoters Create Pledge On 2.14 Cr Shares From March 23-28.

🎯 Adani Transmission :
Promoters Create Pledge On 76.5 Lakh Shares From March 23-28

🎯 FIEM Industries :
Company has entered into JV with Japanese firm Aisan Ind For manufacturing Of 2 & 3-wheeler Parts

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

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