Market Live: Nifty above 12K in pre-opening, Sensex up 100 pts; currency market shut today In The News podcast | 2020 salary hike seen at decade low; coronavirus kills Wuhan hospital director; Tendulkar's victory lap feted and more Taking Stock: More than 250 stocks hit 52-week low; Nifty fails to hold 12K … [Read more...] about Taking Stock: Indices consolidate on D-Street ahead of F&O expiry
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"The continuing weakness in domestic autos/footwear impacted Mayur’s Q3 FY20 performance. The strong revival in exports and an uptick in auto sales since December 2019, however, are good signs. Besides, the recently-commissioned PU plant will contribute from FY21," said Anand Rathi. … [Read more...] about Analysts bullish on this synthetic leather-maker, see over 20% upside
The media industry is accelerating towards being a B2C (business to consumer) play, led both by market factors and through regulation. An integrated media play shall further increase the breadth as well as depth of the group’s consumer touch points, and allow for retaining a larger share of the consumer’s spend on content. … [Read more...] about Network18: A media behemoth to deliver shareholder value
As such there is no bright line test to make this election and for the salaried folk the simplest way forward is compare previous year’s tax outflow with the tax computed under the new regime. The possibility that a taxpayer with heave entitlements to personal tax deductions ends up with a lower effective tax rate than the new regime cannot be ruled out. … [Read more...] about Budget 2020|Personal tax rate cuts – to elect or not to elect?
In case, the number of eligible stocks representing a particular sector within Nifty 500 falls below 10, then deficit number of stocks shall be selected from the universe of stocks ranked within top 800 based on both average daily turnover and average daily full market capitalisation based on previous six months period data used for index. … [Read more...] about NSE drops Yes Bank from Nifty 50, picks Shree Cement