Market and Business News

(Gujarat News Representative) Mumbai, Ta. October 15, 2019, Tuesday After the US-China trade talks moved forward last week, China's demand for more debate in this regard led to a shake-up in stocks yesterday following global markets, with corporate results in the quarter-ending quarter of September 3, including good results in Hindustan again today. There was. Overseas automobile, banking-finance stocks raised funds with short cover and power-capital goods, metal-mining, gains, despite profit bookings on IT stocks before Wipro's announcement that the market closed after Hindustan Unilever's release today. Shares were bullish. The US dollar against the rupee continued to be expensive today, rising 5 paise to 9.7 per cent, while crude oil international prices were down 8 cents in the evening and Brent crude fell 5 cents to $ 6 in the evening. With the fund's aggressive rally, the short-covering Sensex rose 4.1 points to close at 5.7 and the Nifty spot was up 5 points to

(Commerce Rep) Mumbai, Ta. October 15, 2019, Tuesday IT-Software Services giant Wipro Limited announced good results for the second quarter ended September 1, 2016. On a consolidated basis, the company's net profit increased by 8% to Rs 1.8 crore, compared to Rs 1.8 crore in the same period last year. Total revenue has increased by four per cent to Rs. The IT services segment increased its revenue by 5.5 percent to $ 8 million. This is an increase of 8.5% compared to the first quarter of this year. Profit margin increased by 8.5%. The company estimates revenues for the third quarter from $ 8 million to $ 8 million in the range of 5.5 percent to 5.5 percent. Analysts estimate the revenue to be around Rs 1 to Rs 5 crore. Wipro has completed the buyback of 8.5 million shares, for which cash outlay of Rs. Operating margin for the IT Services segment has increased by 8.5 percent to 8.2 percent. Abidli Z., CEO and Managing Director of Wipro. About the result, Nimchwala said, "

Ahmedabad. October 15, 2019, Tuesday During the recently concluded July-September quarter, heavy institutional investors (DIIs) purchased large-scale equity stocks during a period of heavy volatility in the stock market. On the other hand, the funds were withdrawn by foreign institutional investors (FIIs) holding a steady sell. During the volatility in the stock market during the September quarter following various domestic and global adverse factors, foreign investors took a cautious approach and moved away from the Indian market. During this period, FIIs increased to Rs. Conducted a sale of Rs. On the other hand, whenever the market was broken in a volatility scenario, local institutional investors invested heavily in preferred bluechip stocks. According to the available data, during this time, DII was expected to touch Rs. Made a new purchase of 3 crores. Mutual funds also raised their stake in the preferred stock of mutual funds during the proposed period. During this time, th

(Gujarat News Office) Mumbai, Ta. October 15, 2019, Tuesday Prices went up today in the Mumbai jewelery market, although world market news showed fluctuating fluctuations. Meanwhile, in the currency market today, rupee against the dollar, the British pound and the euro prices were up. The British pound prices were up by 5 paise to Rs 5 to Rs 5 today, while the euro was up 5 paise to Rs 1.8. Currency market players were watching the new developments on the Brexit question. Meanwhile, dollar prices were up by 5 paise to Rs. There was a flurry of fund-raising gains in the global market when the dollar raised gold. In the global market, gold prices went up to $ 1.8 in today's highs, while the lowest prices were down at $ 5 in the evening. In the global market, gold prices were down by $ 8.25, while the lowest was $ 4.3 in the evening. Meanwhile, in the Mumbai jewelery market, gold prices were trading at Rs 5 in the evening after closing at Rs 5 with a GST of 5 grams. When the price

New delhi date. October 15, 2019, Tuesday The decline in auto sales is not happening in India. Information from China's auto industry is also currently facing a downturn. In September, auto sales in China declined by 8.8 percent year-on-year. This is the month of September for the third consecutive month. China's hopes of an improvement over the past six months of the current year have diminished water. In September this year, auto sales in China fell 8.5 percent compared to September last year, compared to September last year, according to the China Association of Automobile Manufacturers. In August and July, the sales figures were down by 8 percent and 8.5 percent respectively. In the aftermath of the trade war with the United States and the dwindling economy, China saw an annual decline for the first time in six decades after 9 decades. Generally, the September and October months for auto trading in China are known as the Golden September, the Silver October. These two

Mumbai, Ta. October 15, 2019, Tuesday There were reports of the government reducing the tariff value used as a benchmark for import of various edible oils imported into India. Such tariff value has been reduced to $ 5 for crude palm oil CPOs. While Palmoline's $ 5 and $ 5 of soybean has been made at $ 5. As a result of this, the effective import tariff of imported CPOs in the country will be reduced by about 1 to 3 tonnes, according to market sources. Meanwhile, the Prime Minister of Malaysia has begun considering restraining the import of palmetal from Malaysia by showing anti-India attitude to the Kashmir question, and many Indian importers have reduced the import of palmetal from Malaysia. Additional directions were received in India Were. In the Mumbai market, Singtel prices were hiked by Rs 5 per kg while Rajkot side was priced at Rs 5 to Rs 5 and Rs 5 per kg for Rs 5. Cotton washed prices from Rs 5 to Rs 5 and cottonseed oil prices in Mumbai from Rs 5 to Rs 5. The prices

New delhi date. October 15, 2019, Tuesday After the World Bank, the International Monetary Fund has lashed out at the Modi government. The IMF has projected India's growth rate to decline during the financial year 2019-20. In the figures released by the IMF, India's growth rate has been reduced to 7.1 percent and 6.1 percent. It had projected 7.3 percent growth in April. In September this year, the IMF expected economic growth to be seven percent in fiscal year 20-20. It was down 0.30 percent. In this regard, the IMF says that India's economic growth rate is worse than expected due to corporate and regulatory uncertainties and weakness of some non-banking financial institutions. Growth rate at the lowest level of six years According to government data, India's economic growth rate has reached the lowest level of six years in the April-June quarter. The figure was eight percent in the corresponding period last year. The US-China Trade War shocks the global economy

New Delhi, October 14, 2019, Monday Retail inflation rose to 3.99 per cent in September from 3.21 per cent in August, when it was at the highest level since October 2018, following the rise in food prices. However, it is still within the four percent limit set by the Reserve Bank. Food inflation rose to 5.11 percent in September, from 2.99 percent in August. On the other hand, the inflation based on livestock inflation stood at 0.33 percent, which is at the bottom of three years. In August, inflation was 1.08 percent. According to the Wholesale Price Index data released by the Ministry of Commerce and Industry, there has been a trend of falling inflation on an annual basis as inflation has increased by 5.22% during this period of 2018. Earlier, inflation was at the bottom of June 2016. Inflation was 0.1 percent negative at that time. Meanwhile, Union Finance Minister Nirmala Sitharaman's husband and eminent economist Parakala Prabhakar criticized the Center's Modi governme

(Gujarat News Representative) Mumbai, Ta. October 14, 2019, Monday Indian trade cautioned in global markets again, fearing that trade delays would be further delayed before trade agreements, as China saw a recovery in the global markets after a positive sign last week between the US and China. The shocks had arrived. Wholesale inflation declined sharply to 5.3% in September 1, compared to 5.7% on August 9, when stocks started trading aggressively today. Corporate results were also followed by short cover in automobile, oil-gas, banking, pharma, FMCG stocks, with recovery in select IT stocks today, following the weakening of IT companies TCS and Infosys in the July-September quarter quarter. But with the bounce back, the fund started booking big profits on frontline stocks and hammering infosys in IT stocks, with the Sensex finally jumping by 5 points to 5.7 and Nifty spotting at 6.1 points. Sensex jumped 3 points to start at 5, while profit booking finally increased by 5 points. Th

Mumbai, Ta. October 14, 2019, Monday New trades were slow today in the Mumbai oil-seeds market. Especially, the prices of imported edible oils remained soft. World market news was showing soft. There were directives of the price fluctuations in Malaysia today, amid a whirlwind the Indian government was considering imposing various restrictions on the import of palmetal from Malaysia into India. Following the directives of the Malaysian Prime Minister recently to show the Kashmir question against anti-inflation currency, discussions were being held in the market considering the Indian government is considering teaching Malaysia a lesson. Following this, Indian importers also received new instructions for importing palmetal from Malaysia for November and December shipments. Following this, the informants were showing the possibility of increasing the shipment of palm oil in Malaysia. World market players also looked at how trade talks between China and the United States now move forwa

Monday, Ta. October 14, 2019, Monday Most auto companies believe the current fiscal second quarter results are also weak in terms of revenue. Auto companies' earnings have been affected by slow demand and huge discounts. Most brokerage houses are seeing a net profit of the top eight auto companies, on average, averaging 5.5 percent annually. The second quarter results season started last week. For the past one year, auto market sales of auto companies have dropped drastically. The September quarter's results will be the sixth consecutive quarterly results for auto companies that are likely to see double-digit profits, said a brokerage house research head. The results of the top eight auto companies that have been estimated include Bajaj Auto, Ashok Leyland, Tata Motors, TVS Motors, Maruti, Mahindra, Eicher and Hero MotoCorp. With the current festive season weakening and the challenges of converting to BS2 standard, the auto companies are pushing and they are expected to st

(Gujarat News Office) Mumbai, Ta. October 14, 2019, Monday Prices were up in the Mumbai jewelery market today. The news of the world market was encouraging. The domestic currency market today raised the dollar against the rupee. There were reports of a fresh embarrassment in the world market as news of China's urging for more meetings before the deal was reached after the first round of trade meetings between China and the United States was good. Following this, the gold market in the world market came to be funded. In the global market today, gold prices rose 5.9 to the high of $ 8 a barrel. Meanwhile, the dollar was raised in the world market. After the opening of the US dollar, the dollar closed at Rs 5.7 in the Mumbai currency market and then closed at Rs. Dollar prices were hiked by 5 paise today, while the British pound fell 5 paise to close at Rs. The lowest price was Rs. The British pound prices went up by a high of Rs 5 last week. There were reports that the world mar

Mumbai, Ta. October 14, 2019, Monday Investors are allowed up to 5% return on investment in equities through the primary market in the current calendar year, while the secondary market does not see any special returns. Of the shares listed at 5%, the shares of the companies are currently trading higher than their paid price. The benchmark BSE Sensex has risen by only 5% so far this year. The return on mid-caps and small-caps has been negative. Investors received a positive return on shares of less than fifty percent or 5 percent of the shares listed in the year 2009, according to a study. Of the 3 companies listed in 8, eight companies made higher returns than Indices by trading at a premium of 5% of their payment price. Shares of IRCTC, which is listed today, have provided investors with a return of over 5%. Intraday was up about 5 percent. Apart from this, Indiamart has also seen more than double the price of filling. Following the IRCTC's bumper listings, investors' att

Mumbai, Ta. October 14, 2019, Monday Investors were delighted with the listing of the government-owned Indian Railway Catering and Tourism Corporation Company (IRCTC) with a higher premium of 5% than expected, but the important thing is that only two gay companies have been able to get a listing after the high premium listing of 5 company stocks. General Chat Chat Lounge Shares of eight companies have traded back significantly. In the past, five companies were listed with high premiums. These 3 companies include Salsar Techno Eng., Astron Paper, Avenue Super Market, Carrier Point, PG Electroplast, Bedmutha Industries CDSL, Snowman, Logistics, Rushal Dacor and Apollo Micro System. Of these, only two companies currently maintain the listing gain. That is, it is currently trading at a higher price. In these two stocks, the avenue supermarket will cost Rs. Trading at 2% higher than the listing price of 5. While in the Russian décor Rs. With a listing price of 5.5, it is trading at a pr

Mumbai, Ta. October 14, 2019, Monday The gross non-performing assets (NPAs) of public sector banks in the country's agricultural sector have surpassed one trillion rupees. According to the Reserve Bank of India (RBI) data, gross NPAs of public sector banks in agriculture and allied sectors increased by Rs 1.8 trillion at the end of June this year, while the total credit to the agricultural sector stood at Rs 1.8 trillion. Thus gross gross NPAs were more than 5%. The gross NPA figure in the agricultural sector at the end of June 1 was Rs. 5 crore. Thus, NPAs have increased by about twenty percent over a one-year period. In the last two years, NPAs in this sector have increased by about 8%. The NPA has seen an increase in expectations that loan waivers will be announced during the Lok Sabha elections this year, a banker said. The country has recently seen a significant increase in the amount of amortization loans in the country, according to a recent Reserve Bank report. There h

Reception or Slowdown Economists do not have a say in whether the country's GDP growth rate declines in two consecutive quarters, called recession, or if GDP growth rate becomes negative, it is called recession. But now everyone accepts that the country's economy is undergoing a severe slowdown. Economic growth has slowed down. In order to bring the country's economy out of the slowness, the Reserve Bank of India has reduced the bank rate for the fifth time in a row, so that the short-term repo rate has now fallen to 8.5 percent and reverse reporter to 5 percent. It is hoped that this step will increase commercial and industrial credit in the country. It is a matter of serious concern that the Reserve Bank has reduced the economic growth rate of 5-6 financial years from 8.5 percent to 8.5 percent. The RBI itself, which predicts a slowdown in economic growth, cannot be taken lightly. The Reserve Bank has a strong desire for both private investment to increase and demand t

(Gujarat News Representative) Mumbai, Ta. October 12, 2019, Saturday Industrial production growth (IIP) declined last week to 8.2 percent in August, compared to 8 percent in August last year, with data released by the international rating agency Moody's for the current year of economic development. Sentiment continued to dwindle, leaving the GDP growth estimate down to 5.5 percent Showing off your walkway. While industries, including the automobile industry, have been releasing weak sales figures for the first six months in September, Finance Minister Nirmala Sitharaman will be forced to offer a stimulus package on Stimulus and renewed incentives to re-energize the closed economic growth engine. General Chat Chat Lounge Among these challenges, the foreign funds are likely to be cautious of large purchases of stocks in Indian markets, given the multiple challenges facing the government, amid concerns over the fall in GST revenue. Of course, the trade talks that have resumed betwee

Mumbai, Ta. October 12, 2019, Saturday There was new demand in the Mumbai oil-seeds market today. World market news, however, was booming. The trade meeting, which began between the United States and China, reported for the first time the various issues between the two countries, and was followed by news that the US agricultural markets were booming. According to the President of the United States, there were directives that China would increase imports of various agricultural products from the United States. New York Cotton futures were up overnight, 3 and 5 points higher, while in the US Chicago market overnight news, futures were up 3-5 points, while soybean futures jumped 3, 3 and 5 points. The soybean futures remained at 1, 2 and 3 points plus. Meanwhile, the dialogue between the United States and China has progressed in the right direction, and the agreement that will be followed by this dialogue will take 3-5 weeks. Given this, China and the US presidents are scheduled to me

(Gujarat News Office) Mumbai, Ta. October 12, 2019, Saturday Bullion Bazaar was officially closed on Saturday in the Mumbai Zaveri market. In the closed market, however, prices were speaking high due to shock. World market news was showing improvement after the fall. Malaya was in the news for the first time in a trade meeting between China and the United States. Meanwhile, positive signs of the Brexit issue flowing, the British pound price in the world market in two days has been the biggest two-day rise in the last two years, currency market forecasters said. In the Mumbai currency market, the price of British pounds went up by over Rs. Meanwhile, in the closed currency market today, the dollar was trading against the rupee at around 5.7 against the rupee. In the global market, gold prices were down $ 5 to $ 5 a barrel, while prices were up by $ 1 on the weekend. In the global market, gold was trading at $ 1.8 a week lower, while gold remained at $ 1.8 on the weekend. In the Mum

Mumbai, Ta. October 12, 2019, Saturday The country's infrastructure sector does not seem to be out of trouble yet. Last September, the new investment figure stood at just Rs 5 crore, the lowest in a single month of the current financial year. Compared to September of last year, the number of new investments in the infrastructure sector is 5% lower than in September of the current year. Investment proposals also remained the lowest since June. The proposals for new investment in the July-September quarter of the current financial year stood at Rs 1.8 lakh crore. This figure is lower than the September quarter of the last two fiscal years, according to available data. Two major areas are witnessing a decline in road construction and new investment in railways. The figure of new investment in the manufacturing sector fell by Rs 5 crore compared to September last year. Of the total investment proposals, 5% of the total investment proposals were found in the electricity and mining