EOD Update 23-05-2019


JK Lakshmi Cement Q4 net up 27.8% to Rs 43.25 cr

SEBI, bourses step up surveillance for election result

Probing Larger Conspiracy In NSE Co-Location Scam, CBI Tells Court

Elaborating on the scope of the investigation since the registration of the FIR, the CBI told the court that it was trying to ascertain the channel used by Mr Shah to access NSE trade data.

PRIDX sells Dish TV shares worth Rs 35 crore, Nomura Singapore buys stake in Vikas Multicorp

Insolvency Law Has Ensured Better Credit Culture In Borrowers: CEA

Responding to a query on what banks need to do to stem NPAs in the first place, the CEA said “the business of banking is about taking well evaluated risks.”

Joint Bid For Jet Airways Innovative But 》Complicated, Say Experts

Jet Airways remains grounded for over a month now and the attempt made by its lenders led by the SBI to bring an investor on board has failed

ADB to provide $750 mn loan to India for railway track electrification project.

IDBI Bank collects Rs 160 crore insurance premium after LIC tie-up

SEBI India: Allows Portfolio Managers To Trade In Commodity Derivatives

Election commission site is showing majourity to NDA goverment in vote counting.

#Electioncommission site is showing clearly Majority to BJP at 279 seats. Stay Tuned with #BrokersBazaar

SEBI probing if mutual funds did bond deals to prop up returns
Move comes in the wake of allegations that funds are doing friendly deals with each other to boost, suppress valuations

#Electioncommission site showing 295 seats to BJP directly on Lead. PM Narendra Modi is ahead with 80K Votes in Varanasi.

Bank of Baroda rallies 10% after cutting losses in Q4
The bank in its BSE release reported a 68 percent decline in net loss at Rs 991.4 crore, compared to Rs 3,102.3 crore in the corresponding quarter of the last year.

Delta Magnets Consolidated March 2019 Net Sales at Rs 20.64 crore, up 5.82% Y-o-Y

Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager

Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital’s stake with this deal, the asset manager said.

Reliance Capital to exit mutual funds biz; sells stake to JV partner Nippon Life Insurance
Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.

India 10-Year Bond Yield Opens At 7.24% vs Previous Close Of 7.26%

BJP Alone leading at 301 seats and won 2 seats. #Electioncommission sites showing clearly majority to NDA.


Expect government to bring down corporate tax: Adi Godrej
I expect FDI and FII investments into India will go up considerably, says Godrej.

Dwarikesh Sugar Standalone March 2019 Net Sales at Rs 211.23 crore, down 39.54% Y-o-Y

SEL Mgf Company Standalone March 2019 Net Sales at Rs 112.69 crore, down 36.14% Y-o-Y

Dhanuka Agritec Consolidated March 2019 Net Sales at Rs 192.72 crore, up 4.12% Y-o-Y

eClerx Services Standalone March 2019 Net Sales at Rs 292.70 crore, up 1.36% Y-o-Y

Stock market wealth grew by Rs 75 lakh cr since Modi-led NDA won polls in 2014

Senior Citizens Can Use Form 15H To Claim TDS Relief On Interest Income

The Union Budget 2019-20 has given full tax rebate to individuals having a taxable annual income of up to Rs 5 lakh

General Insuran Standalone March 2019 Net Sales at Rs 1,699.08 crore, up 178.2% Y-o-Y

Sarla Performan Standalone March 2019 Net Sales at Rs 82.91 crore, up 20.79% Y-o-Y

Healthcare Glob Standalone March 2019 Net Sales at Rs 165.93 crore, up 8.77% Y-o-Y

Xchanging Sol Consolidated March 2019 Net Sales at Rs 48.55 crore, up 10.14% Y-o-Y

GIC Re Q4 net declines 20% to Rs 603 cr; yearly profit falls by 31%

Huawei face backlash from Microsoft and ARM after US trade ban
Hardware isn’t the only issue Huawei is facing in lieu of the suspension.

Hindustan Copper plans to raise borrowing limit to Rs 2,500 crore

SEBI fines 5 entities Rs 39 lakh for manipulative trade in BSE stock options segment

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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