Bandhanbnk 》》
High risk traders
Cmp 459.35
Above 461 Trend bullish
Sup 453
High risk traders
Cmp 459.35
Above 461 Trend bullish
Sup 453
Chennai Trading Academy
BUY BERGERPAINT 577 SL 567 TARGET 587/600
BERGERPAINT REACHED 583.7 BUY GIVEN AT 577
Banks to get 5-year CRR relief for lending to auto, housing, MSMEs
The Reserve Bank of India (RBI) on Monday said banks would not be required to maintain cash reserve ratio (CRR) for five years on their deposits for an amount equivalent to loans given to the MSME (micro, small, and medium enterprises), housing and vehicles sectors between January 31 and July 31.
Banks currently maintain four per cent on their deposits as CRR.
In the monetary policy, however, the RBI said it would allow relaxations on this for loans given to the three productive sectors as they could have “multiplier effects to support growth impulses”.
The Reserve Bank of India (RBI) on Monday said banks would not be required to maintain cash reserve ratio (CRR) for five years on their deposits for an amount equivalent to loans given to the MSME (micro, small, and medium enterprises), housing and vehicles sectors between January 31 and July 31.
Banks currently maintain four per cent on their deposits as CRR.
In the monetary policy, however, the RBI said it would allow relaxations on this for loans given to the three productive sectors as they could have “multiplier effects to support growth impulses”.
GAIL Q3 Review
Jefferies-Strong Qtr
LPG A Drag, But Transmission Vols Rise To 8-yr High
Lift FY20 EPS Est By 5%
CS-O-P, TP Rs 171
Strong Q3; Transmission Vol growth Pick-up Can Drive Re-rating
Next catalyst-Reduction In APM Gas Prices By 26% From April 2020
Jefferies-Strong Qtr
LPG A Drag, But Transmission Vols Rise To 8-yr High
Lift FY20 EPS Est By 5%
CS-O-P, TP Rs 171
Strong Q3; Transmission Vol growth Pick-up Can Drive Re-rating
Next catalyst-Reduction In APM Gas Prices By 26% From April 2020
Flows On Feb 10, 2020
FII -185 cr
DII -736 cr
FII in FNO
*Added shorts
*Bought 20 puts for 1 call
*Wrote 4.4k put contracts
Support levels
Yesterday low= 11991
100 DMA at 11891
200 DMA at 11665
Resistance at approx 12150
20 DMA at 12100
50 DMA at 12118
SGX #Nifty +30pts
FII -185 cr
DII -736 cr
FII in FNO
*Added shorts
*Bought 20 puts for 1 call
*Wrote 4.4k put contracts
Support levels
Yesterday low= 11991
100 DMA at 11891
200 DMA at 11665
Resistance at approx 12150
20 DMA at 12100
50 DMA at 12118
SGX #Nifty +30pts
Infosys to Acquire Simplus, a Leading Salesforce Consulting and Platinum Partner, Total valuation at $250m. The acquisition Accelerates enterprise cloud capabilities and strengthens presence across USA and Australia
Petronet LNG Q3 Review
MS-OW, TP Rs 341
Earnings In-line, EBIDTA & Profits Rise As Capacity Expansion Drove 15% Growth In Regas Vols
Jefferies-Buy, TP Rs 350
In-line Quarter With Solid Vols
Annual Dahej Tariff Hikes Help Drive 15% FY19-22 EPS Growth
MS-OW, TP Rs 341
Earnings In-line, EBIDTA & Profits Rise As Capacity Expansion Drove 15% Growth In Regas Vols
Jefferies-Buy, TP Rs 350
In-line Quarter With Solid Vols
Annual Dahej Tariff Hikes Help Drive 15% FY19-22 EPS Growth
NIFTY RESULTS
Coal India
OTHER RESULTS
Siemens, Ircon International, Cochin Shipyard, BEML, Bharat Heavy Electricals , HEG, Heidelberg Cement, Aster DM Healthcare , Astral Poly Technik, BASF India, 3M India, TVS Srichakra, Hexaware
Coal India
OTHER RESULTS
Siemens, Ircon International, Cochin Shipyard, BEML, Bharat Heavy Electricals , HEG, Heidelberg Cement, Aster DM Healthcare , Astral Poly Technik, BASF India, 3M India, TVS Srichakra, Hexaware
Bharat Forge Q3 Review
MS-EW, TP Rs 401
Given Global Slowdown In CVs, Q3 Expected To Be Weak Slowdown In Oil & Gas Segment Exacerbated Pain
Vals Remains Lofty
Nomura-Neutral, TP Rs 475
Q3 Sharp Miss; Downcycle Playing Out
Recovery Likely From H2FY21
MS-EW, TP Rs 401
Given Global Slowdown In CVs, Q3 Expected To Be Weak Slowdown In Oil & Gas Segment Exacerbated Pain
Vals Remains Lofty
Nomura-Neutral, TP Rs 475
Q3 Sharp Miss; Downcycle Playing Out
Recovery Likely From H2FY21