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Indian Stock Market Alert Today 19-jan-2024


Today's Market At 7.40 Am


US Market


Nasdaq = +200.82

Dow= +207.34

S&P 500= +60.50


Asian Market


Nikkei 225=+500.53

StraitsTimes  =+15.8u

Hang seng = +270.71

Taiwan =+85.50

Kospi +69.73


Europien

FTSE = +12.75

CAC 40=+85

DAX =+150.60


Gift Nifty 21535 (+66)


Fiis sell 9901.56 caror stocks

Diis Buy 5977.12 caror stocks



Good News


• State Bank of India: The company raised Rs 5,000 crore through 10-year AT-1 bonds.


• REC: The company has been designated as the overall implementation agency for the rooftop

solar programme of the Renewable Energy Ministry. The company aims to achieve a cumulative

capacity of 40,000 MW from rooftop solar panels by 2026.


• JSW Infrastructure: The company clarified on media reports that it is leading the race to acquire

Navkar Corp. The company said there are no specific proposals underway regarding the matter in

the news.


• Shalby: The company will acquire an 87.26% stake in PK Healthcare for Rs 102 crore.

• Lupin: The company receives USFDA approval for Febuxostat tablets.


• Bandhan Bank: The lender received an RBI nod, appointing Rajinder Kumar Babbar as executive

director for 3 years.


• Wipro: The company will acquire a 14% stake in Huoban Energy 11 to enhance renewable energy

usage.


• Power Finance Corp: The company incorporated two special-purpose vehicles for developing

transmission projects in Gujarat and Rajasthan.

• Indian Bank: The company received approval from the RBI for setting up a new unit for operations

support


• Dhunseri Ventures: The company made an investment of $1 million in DYL USA. The company's

total investment stands at $3 million in DYL USA for a 79.68% stake.


Finolex Industries reports Q3 earnings

Net Profit up 20% at ₹95.4 cr vs ₹79.5 cr (YoY)

Revenue down 9.3% at ₹1,019.7 cr vs ₹1,124.8 cr (YoY)

EBITDA up 30.6% at ₹120 cr vs ₹91.9 cr (YoY)

Margin at 11.8% vs 8.2% (YoY)


Zaggle Prepaid CEO shares details of new ₹200 crore Torrent Gas contract


Shoppers Stop reports Q3 earnings

Net profit down 41.2% at ₹36.7 cr vs ₹62.7 cr (YoY)

Revenue up 8.8% at ₹1,237.5 cr vs ₹1,137.1 cr (YoY)


Lupin gets US FDA approval For Febuxostat Tablets that are used for the chronic management of hyperuricemia in adult patients


Bad News


1.Shopper Stop profit decline 41.3%

2.Matro Brand profit decline 12.6%

3.SAT refuse brightcom group apeal

4. Indus india fund sold 50.27 lk share


Pharma, Chemical, tyre, Advertisement, Food Stocks Will Go Up Side Today



Profits and Losses are part of Stock market. Equity Investment/ Trading in FNO are subject to  market risks. Refer your financial consultant advice before Investing. This group's post are only for Educational and Learning Purposes. Admins have no responsibility for your intended decision & financial losses. Stock market investments are VERY RISKY and being part of this group, you agree that you understand the Market risks involved

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