Here are stocks that are in news today:
Jindal Stainless: BS-Swachh Bharat initiative: Company has forayed into the modular toilet manufacturing segment-Company is targeting Rs 200 crore business in the next 2-3 years
HDFC-Standard Life plans to increase its stake in joint venture HDFC Standard Life Insurance company to 33 percent from 26 percent: ET-HDFC holds 72.4 percent in JV
TCS analyst call: TCS says-Q3 revenue will reflect the negative impact of seasonality-Expecting a weak quarter from BFSI-BFSI impacted by insurance & weakness in banking products-Demand environment in US is in-line with expectations-Europe will do better than company's average, UK will be weak-India & APAC will be in-line with company's average growth-Demand environment in India remains fragile-Infra services will do better than company's average-Negative 220 basis points impact due to cross currency-Margin may have 10-20 bps positive impact due to currency-Pricing trends are fairly stable-Could see a slight uptick in realisations-Maintain target margin band of 26-28 percent-Other income should be slightly higher-Was more optimistic at beginning of year versus now-Difficult to say if current sentiment will continue-Retail manufacturing & hi-tech verticals to be impacted by furloughs
Tata Motors-November Jaguar Land Rover global wholesales at 41,318 units versus 38,187 units (MoM)-November group global wholesales at 83,906 units versus 82,026 units (MoM)
Finance ministry sources: From Reuters-Lower oil prices may cut oil subsidy bill by USD 6 billion in FY16-See recent fuel tax hikes raising an extra USD 5 billion in FY16-Oil refiners could pay around USD 1 billion more in taxes in FY16-Oil refiners could pay more as margin pressures ease-Expect oil prices to average USD 65-70/barrel in FY16
Review S&P BSE indices effective December 22S&P BSE Auto-Inclusion: Exide IndustriesS&P BSE Capital Goods-Exclusions: Alstom Power, Punj Lloyd-Inclusion: Sadbhav Engineering, BEML, Greaves Cotton, Carborundum UniversalS&P BSE FMCG-Exclusions: United Breweries-Inclusions: Britannia Industries, EmamiS&P BSE IT-Exclusions: KPIT Tech, Persistent Systems-Inclusions: Vakrangee Softwares, CMCS&P BSE Power-Exclusions: Jaiprakash Power Ventures-Inclusions: Suzlon Energy, Alstom T&D IndiaS&P BSE Realty-Exclusion: DB Realty-Inclusions: NBCCS&P BSE Metal-Exclusions: Bhushan Steel-Inclusion: NalcoS&P BSE PSU-Inclusion: NBCCS&P Greenex-Exclusions: NTPC-Inclusion: Kotak Mahindra BankS&P BSE India Infra-Exclusion: GSPL, Adani Power, Global Infratech-Inclusions: JSW Energy, Torrent Power, MTNLS&P BSE Midcap-Exclusions:Havells IndiaBritannia industriesHPCLP&GEmamiNalcoTata TeleservicesSunteck RealtyStandard Chartered PlcGVK Power & InfraLanco Infratech-Inclusions:Jaiprakash Associates PC JewellerSundaram FastenersWelspun IndiaCeatTimken IndiaCentury PlyboardsOrient CementPTC India Financial ServicesV-Guard IndustriesNCCZensar TechManappuram FinanceAarti IndustriesEros InternationalDhanuka AgritechClariant ChemicalsHSILGreenply IndustriesInclusion in S&P BSE SME IPO-Anubhav Infra: Effective Today
Other stocks and sectors that are in news today:-Colgate: Ex-date for 2nd interim dividend Rs 8/share-Ranbaxy to delist GDS from Luxembourg Stock Exchange w.e.f today-Andhra Pradesh government says Biocon planning to set up manufacturing unit in Vizag: Reports-IEX in talks with Financial Technologies for buying out technology solutions: BS-Sesa Sterlite: Vedanta to complete Gamsberg Zinc project phase 1 by 2017-18-Himachal Fibres: Board to consider sub division of equity shares on December 18-GMM Pfaudler: Intimation of floor price for offer for sale (OFS) by promoter Pfaudler at Rs 182/share-Government lists Insurance Bill In Rajya Sabha's Tuesday agenda-Siemens wins order worth Rs 317 crore from Bihar Grid-GMR Infrastructure says arm GMR Hyderabad International Airport acquires 44.61 percent stake in MAS GMR Aerospace Engineering from Malaysia Aerospace Engineering-CBI arrests West Bengal Transport Minister Madan Mitra in connection with Saradha Ponzi scam: PTI-Lok Sabha passes Coal Mines Bill (Coal India in focus)-ONGC approves interim dividend of Rs 5/share-Oil India signs MoU with Russian Company Zarubezhneft-ING Vysya Bank seeks shareholders' nod for company's merger with Kotak Mahindra Bank-TTK Healthcare: NSE changes: Withdrawal of dealing under the “permitted to trade category” effective December 24
October IIP at -4.2 percent versus 2.8 percent (MoM)-September IIP growth revised to 2.8 percent from 2.5 percentAlert: October IIP at lowest level since October 2011-Mining sector growth at 5.2 percent versus 0.7 percent (MoM)-Manufacturing sector growth at -7.6 percent versus 2.5 percent (MoM)-Electricity sector growth at 13.3 percent versus 3.9 percent (MoM)-Basic goods growth at 5.8 percent versus 5.1 percent (MoM)-Capital goods growth at -2.3 percent versus 11.6 percent (MoM)-Consumer goods growth at -18.6 percent versus -4 percent (MoM)-Intermediate goods growth at -3.1 percent versus 1.8 percent (MoM)-Consumer durables growth at -35.2 percent versus -11.3 percent (MoM)-Consumer non-durables growth at -4.3 percent versus 1.5 percent (MoM)
November CPI inflation at 4.38 percent versus 5.52 percent (MoM)-November core CPI inflation seen at 5.5 percent versus 5.85 percent (MoM): Reuters-Food inflation at 3.1 percent versus 5.59 percent (MoM)-Urban inflation at 4.69 percent versus 5.55 percent (MoM)-Rural inflation at 4.09 percent versus 5.52 percent (MoM)-Vegetable price inflation at -10.9 percent versus -1.45 percent (MoM)-Combined fuel, light inflation at 3.27 percent versus 3.29 percent (MoM)-Clothing, footwear, bedding inflation at 6.97 percent versus 7.45 percent (MoM)
More to come...
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