Tuesday, 17 December 2019

18th December, 2019 Morning Brief

Market will open on a positive note today in continuation of yesterday's rally.

Asian stocks were mixed Wednesday as investors take a breather after the partial U.S.-China trade deal that sent global equities close to record highs.

U.S. stocks inched upward on Tuesday as manufacturing and housing data topped expectations, just as the sugar rush of a partial trade deal between America and China began to wear off.

🎯 News & Impact 🎯 

New IPO :
Prince Pipes & Fittings. 

🎯 Telecom Stocks : 
India’s telecom operators will continue to pay cross-network call charges for another year. 
Positive for idea, bhartiartl. 👍 

🎯 NMDC :
Company received extension in respect of mining leases for four deposits for 20 years by Chhattisgarh Government.

🎯 NBCC :
Company received approval from the committee of creditors to take over Jaypee Infratech.

🎯 Tata Motors 
Jaguar Land Rover Automotive Plc plans to sell high-yield bonds for the second time in less than a month following last week’s U.K. election result and an initial trade agreement between the U.S. and China.

🎯 TCS 
America’s pet speciality retailer Petco to deploy the company’s digital merchandising solutions.

🎯 Mahindra CIE Automotives 
Acacia Group increased its stake from 5.54 % to 7.73 % stake in the company on Dec. 10. 

🎯 Persistent Systems 
HDFC MF increased its stake from 5.17 % to 7.2 % stake in the company on Dec. 16. 

🎯 Goodyear :
Company to close its manufacturing operations for Haryana Plant from Dec. 21-30 to align production with market demand.

🎯 HealthCare Global Enterprises :
Company has launched a cancer care center in Mumbai. 

🎯 Ajanta Pharma
Company gets US FDA nod for hypertension drug, Captopril Tablet (12.5-100 Mg). 

🎯 Alembic Pharma
Company gets tentative US FDA nod for antipsychotic drug, asenapine tablet. 

🎯 BSE :
Company has signed a memorandum of understanding with IHS Markit for developing new bond valuation service in India. 

🎯 HFCL : Company completed acquisition of balance 50.10 percent of equity shares in DragonWave HFCL India.

🎯 Nocil :
Company promoter Hrishikesh Mafatlal and Gurukripa Trustees increased their stake from 1.01 % to 64.35 %
Positive for the stock. 👍 

🎯 Allcargo Logistics :
Company has executed the business transfer agreement for sale of its two warehouses for Rs 300 crore.

🎯 KRBL :
Company promoter acquired 26,000 shares on Dec. 17.
Positive for the stock. 👍 

🎯 IIFL Finance :
Company promoter Ardent Impex acquired 4,17,000 shares on Dec. 17.
Positive for the stock. 👍
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Edited by Sharp. 

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