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Summet Bagadia, associate director at Choice Broking recommends trading strategies for Hindalco and Piramal Enterprises.
Target of Tadano joint venture (JV) is to get up the value chain in cranes business, Bharat Madan, group financial controller at Escorts told BloombergQuint in an interview.
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Shares of the Gurugram-based railway engineering services provider fell as much as 3.8 percent to Rs 299.20 after it reported April-June quarter earnings.
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Shares of the Mumbai-based department store chain operator rose as much as 7.4 percent, the most in over three months, to Rs 558.
A report suggested that Google may tie up with Paytm Mall to invest Rs 3,500-4,000 crore for 7-10 percent stake in Future Retail, The Economic Times reported citing several people aware of the matter.
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Shares of the country's largest drugmaker fell as much as 1 percent to Rs 623.45.
The U.S. FDA has started a surprise inspection at its Halol plant in Gujarat, three people familiar with the matter told BloombergQuint.
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State Bank of India has largely provided for stressed accounts in power sector and the bank’s balance sheet will look much cleaner going ahead, SBI’s managing director Arijit Basu told BloombergQuint in an interview.
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Shares of the Mumbai-based drugmaker rose as much as 4.4 percent to record high of Rs 342 after it informed exchanges that the U.S. drug regulator has completed inspection of Panoli plant in Gujarat with two minor observations.
JB Chemicals and Pharmaceuticals said that it will address the observations in next two months.
Shares of the Mumbai-based mortgage lender fell as much as 7.5 percent, the most in over 21 months, to Rs 530.30 after it reported weak April-June quarter earnings.
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Shares of the Mumbai-based defence equipment maker fell as much as 5 percent to Rs 15.35 after its director Anil Ambani resigned from the company on Aug. 25.
Anil Ambani resigned in compliance with provisions of Section 165 of the Companies Act, 2013, prescribing the limit on directorships to only 10 public companies, the company said in its stock exchange filing.
Shares of the Delhi-based state-run steel maker rose as much as 2.72 percent to Rs 77.45 after the company in annual report said that it has started to exit some of its joint ventures that are either non-operational or non-performing, news agency Press Trust of India reported.
The steel maker is also exploring options to monetise its investment in certain JV companies, report added.
Shares of the Vadodara-based beverage maker rose as much as 4.99 percent to Rs 129.35 after it completed setting up of its new manufacturing facility at Varanasi in Uttar Pradesh, Manpasand Beverages said in an exchange notification.
The plant located at UPSIDC Agropark, Phoolpur, Varanasi is spread over 7 acres with an installed capacity to produce up to 50,000 cases per day, the notification added.
Nifty's sideways movement last week is a part of the broad uptrend and there are no signs of reversal seen on the index, Ruchit Jain, technical analyst at Angel Broking told BloombergQuint in an interview.
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The Indian rupee may rise against the dollar today, tracking gains in other regional currencies after the U.S. Federal Reserve comment that another rate hike was coming next month. Chairman Jay Powell also kept the chance of another move in December above 60 percent.
The currency was nearly unchanged last week. Bloomberg Intelligence expects the RBI to return to its interventionist stance -- selling forex reserves to finance any deficit after risk-off sentiment on emerging markets stabilizes.
The benchmark sovereign bonds will probably take a cue from the rupee.
The worst may be over for government bonds as inflation probably peaked, HDFC Standard said in a call against market consensus.
Equirus Securities on Dr Lal PathLabs
Equirus Securities on Thyrocare Technologies
JPMorgan on LIC Housing Finance
Edelweiss on LIC Housing Finance
HSBC on Mahindra CIE
HSBC on Prestige Estates
Morgan Stanley on Indian Steel
Investec on Prism Jhonson
(As Reported On Aug. 24)
Hexaware Technologies
Earnings To Watch
Here are some key events coming up this week:
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