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CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 17 FEBRUARY 2020

MORNING MAIL Trends on SGX Nifty indicate a negative opening for the broader index in India, with a 9 points loss or 0.07 percent. The market witnessed volatility and ended flat week amid domestic data including weak CPI and WPI numbers. Global markets also put pressure due to increasing fear over the novel coronavirus in

TOP CORPORATE NEWS – 14 FEB 2020

CORPORATE NEWS Pfizer Q3 net profit up 5% to Rs 139cr. Drug firm Pfizer Ltd on Friday reported a 5.39 percent rise in net profit to Rs 139.06 crore for the quarter ended December 31, 2019.The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer

TOP CORPORATE NEWS – 12 FEB 2020

CORPORATE NEWS Hindalco’s PAT declines 24% yoy in Q3. Hindalco Industries Ltd., a global leader in aluminium and copper, today announced consolidated results for the third quarter ended December 31, 2019. Profit After Tax (PAT) stood at Rs1,062cr in Q3FY20, down by 24% as compared to the third quarter of FY19. In spite of subdued

CAPITALSTARS- INDIAN EQUITY MARKET OUTLOOK UPDATE – 11 FEBRUARY 2020

MORNING MAIL Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 44 points gain or 0.37 percent. The Indian equity market witnessed selling pressure for the second session in a row on February 10, largely weighed down by concerns around coronavirus. Sensex closed 162 points, or 0.39 percent,

TOP CORPORATE NEWS – 10 FEB 2020

CORPORATE NEWS MRF stock gains 3% despite the decline in Q3 net profit. MRF registered a consolidated net profit of Rs241.3cr, with a decline of 17% yoy in the quarter ended December 2019 as against Rs290.8cr during the previous quarter ended December 2018. The revenue of the company fell marginally by 0.47% to Rs4,075.75cr in

CAPITALSTARS – भारत में खरीदारी के लिए बेहतर हैं ये स्‍टॉक: 10 FEB 2020

Morning news and update Last week was a splendid one for the bulls as out of five trading sessions, Nifty closed in green in four trading sessions. The benchmark index Nifty ended the week with a net gain of 3.74 per cent. On Friday, Nifty formed a bear candle with almost identical high-low as compared

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