BEAUTY PRODUCTS MARKET
JSPL shares climb over 4 pc on strong Q3 steel production
JSPL Q3 end domestic production stood at 1.61 MT corresponding to 1.32 MT for the same period last year.
Buy Bharti Airtel, price target Rs 510: CK Narayan
The analyst suggested a stoploss at Rs 490 .
Buy Siemens, price target Rs 1,610: CK Narayan
The analyst suggested a stoploss at Rs 1575 .
Buy Lupin, price target Rs 805: Kunal Bothra
The analyst suggested a stoploss at Rs 750 .
Buy Ashok Leyland, price target Rs 90: Kunal Bothra
The analyst suggested a stoploss at Rs 81 .
Maybank Kim Eng Securities maintains buy on Sterlite Technologies, target price Rs 190
Though the brokerage cut its FY20-22 estimated EPS by 4-14%, the stock is trading at an attractive valuation of 8.3 times FY21 estimated earnings.
Broad-based market recovery key theme for 2020: Mahesh Patil
The cyclical recovery in the economy will prop-up earnings next year, says Patil.
ITI to raise up to Rs 1,400 crore via FPO; price band set at Rs 72-77
ITI intends to use the proceeds to fund its working capital requirements for FY2020 and repay loans fully or partially.
Market Movers: What changed for D-Street while you were sleeping
Nifty on Tuesday ended Calendar 2019 below the 12,200 mark.
Tata Nano ends 2019 with zero production, sales of 1 unit
According to a regulatory filing by the company, Tata Motors had zero production and sales of the Nano throughout in 2019, selling just one unit in February. Tata Motors said no decision has been made yet on the future of Nano saying production planning of a car is a "conscious management of demand, system inventory and planned efficiencies".
Godrej Consumer Products expects gradual improvement in demand in upcoming quarters
Godrej Consumer Products Limited (GCPL) said sales volume grew marginally higher than mid single digit despite demand in the country impacted by a general consumption slowdown which continues to be challenging.
Oil prices dip as Mideast tensions ease; market eyes trade deal
Brent crude was down 8 cents, or 0.1 per cent, at $64.12 per barrel.
Asian stocks bounce as investors welcome China virus response
The MSCI index of Asia-Pacific shares outside Japan rose 0.71 per cent, recouping almost half Tuesday's drop.
Japan shares claw back coronavirus-related losses, investors await earnings
The Nikkei share average rose 0.7 per cent to 24,031.35 .
Easynomics: India needs a vibrant real estate and construction sector
What this basically tells us is that any construction doesn’t just benefit the builder or the company carrying out that construction, but many other companies and tradesmen involved with the construction. In the Indian case any construction leads to creation of jobs for a huge number of manual labour.
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