Shilpa Medicare Ltd shares rose over 6% in early trade on Tuesday, November 19, after its subsidiary secured a Certificate of Suitability (CEP) from a European drug regulator for an API used in hypertension treatment.
The Adani Group is in advanced stages of negotiations to buy stake in PSP Project, sources with knowledge of the matter told CNBC-TV18.
#NewsFlash | #IndianHotels unveils accelerate 2030 strategy pic.twitter.com/WOBsH0UsYn
— CNBC-TV18 (@CNBCTV18Live) November 19, 2024
Insurance stocks witnessed decline on Tuesday (November 19) following Finance Minister Nirmala Sitharaman’s comments advising banks to focus on core banking activities and avoid excessive selling of insurance products.
India is trying to foray into global container shipping business, govt has entrusted a study to top #consultants to suggest a #roadmap
Govt’s foray into global container #shipping biz will be led by #CONCOR
From CNN-News18 pic.twitter.com/JIygCRNc7e
— CNBC-TV18 (@CNBCTV18Live) November 19, 2024
NMDC in focus, after sharp recovery in SGX iron ore, up 3% from lows
Insurance cos trailing in strong market after Finance Minister advises banks to deter from selling insurance & instead focus on core banking
Nifedipine is used as an antihypertensive and as an anti-anginal medication
Here are a couple of stock recommendations by Shilpa Rout, Prabhudas Lilladher:
Buy ABB India with a stop loss of ₹6,500 and a target of ₹7,200-7,500
Buy Ashok Leyland with a stop loss of ₹215 and a target of ₹235
A total of 52 lakh shares or 0.2% equity of Axis Bank worth Rs 589 crore changes hands at an average of Rs 1,130 per share.
Bengaluru-based Zinka Logistics Solution Ltd., a leading digital platform for truck operators, is expected to finalise share allotment status for its initial public offering (IPO) on Tuesday, November 19.
Here are a few stock recommendations by Sudarshan Sukhani, Technical Trends:
Buy Havells with a stop loss of ₹1,600
Buy Interglobe Aviation with a stop loss of ₹3,900
Sell Syngene with a stop loss of ₹860
Buy Muthoot Finance
The government has revised capital restructuring norms for these companies with regards to their share buyback, dividend payouts, bonus issues as well as stock splits.
Rajeev Thakkar, the Chief Investment Officer of PPFAS Mutual Fund wrote a letter to unitholders on November 18, explaining that they are in the market to play “test cricket and not a T20 match”. He also explained the rationale behind holding high levels of cash and also advised investors regarding thematic funds and midcap and smallcap fund in his letter.
It starts at an ex-showroom price of Rs 1.4 lakh
No loss or injury to human life but has resulted in some damage of inventory and assets at the store, which is being tabulated and is likely to be less then Rs 1 crore
All sectoral indices are trading in the green
IT and realty stocks are leading the gains
Global brokerage firm Citi has maintained a ‘Buy’ recommendation on the stock, with a price target of ₹485 per share. The price target implies a potential upside of over 50% from Monday’s closing levels.
Indus Tower’s stock has corrected by 28% since announcing its share buyback on July 30.
Ramkrishna Forgings shares were in focus on November 19 as UBS has issued a brokerage note saying it sees a potential upside of nearly 60% in the company’s stock. It has set a target price of ₹1,500 for the forging company’s shares with a ‘buy’ rating.
#CNBCT18Market | Market opens in the green tracking positive global cues. #Sensex above 77,500 & #Nifty near 23,550 pic.twitter.com/ntgOKJnjr3
— CNBC-TV18 (@CNBCTV18Live) November 19, 2024
Rupee opens at 84.39 Vs USD
Promoted by NTPC Ltd., NTPC Green Energy Ltd. has raised ₹3,960 crore from anchor investors ahead of its initial public offering (IPO), which opens on Tuesday.
The company informed the exchanges that it allocated 36.66 crore equity shares at ₹108 per share on November 18 to anchor investors.
With Q2 earning season coming to a close and FII selling continuing, analysts expect Nifty to consolidate within a broad range due to the absence of any positive trigger.
#CNBCTV18Market | Here’s a list of stocks that are in focus going into trade today pic.twitter.com/KYTNwv8B43
— CNBC-TV18 (@CNBCTV18Live) November 19, 2024