Friday, 19 January 2018

19-JAN-2018 LIVE MARKET NEWS: Stocks in focus today@RUPEE UPDATE

Rupee Trade:The rupee firmed up 19 paise to trade at 63.65 against the dollar in morning today, rising for a third straight day on increased selling of the US currency by exporters and banks.
Forex dealers said the dollar was weak against other currencies overseas which supported the rupee.
Yesterday, the rupee had gained 2 paise to close at 63.86 against the American currency.
Cigarette companies stock in focus as the GST rate on Cigarette filter rods has been increased from 12% to 18%.

ITC plans to add 5,000 rooms across new hotels over the next 3-5 years, as per the media sources. With this the company plans to set up its first overseas property at Colombo in Sri Lanka.

RBI hikes foreign investment limit in Healthcare Global to 100% from 24% earlier.

Alembic board to consider buyback of shares on Jan. 23.

Yes Bank announced a 22% annual growth in net profit at Rs1,076.9cr for the quarter ended December 2017.

Biocon enters into a global partnership with Sandoz to develop, manufacture and commercialise multiple biosimilars in immunology and oncology.

Airtel third-quarter net profit fell 39%, missing estimates and dropping for the seventh straight quarter, as a cut in interconnection usage charges compounded the pressure on its voice and data businesses amid the continuing market disruption by Reliance Jio Infocomm.
CASH CALL: BUY DEN ABOVE 125.90 TARGETS 126.55/ 127.90/ 130 STOPLOSS 124.90 

No comments:

Post a Comment