Closing Index

 14 Oct 2020 

BSE CLOSED @ 40794.74 ✅ 169.23 Points 

NSE CLOSED @ 11971.05 ✅ 36.54 Points

BankNifty Closed 23874.65 ✅ 382.45 Points 

India VIX Closed 20.21 ❌ 0.5050 Points

Run For Investors 24-25 Oct

EVENT INFORMATION

*Free Registration* RUN 1KM / 2KM / 3KM / 5KM

ABOUT THE *#Investors VIRUAL RUN*. Run for the Traders And Investors, Runners around the globe, in turbulent and challenging times! 

By taking part in the race you’re keeping your running alive.

RUN ON occasion of 24 October or 25 October. So be a part of this event. ..Covid19 ALL situation its very important hare so keep distance use mask & stay safe...

OUR FACEBOOK PAGE : https://www.facebook.com/tradingvalues

This Event is organized to encourage fitness and promote fitness amongst the population.

1) Select the marathon category in the form. Complete that distance between 24 October or 25 October. 

2) Record your activities in any GPS tracking app and send that activity screenshot / link on marketmovers35@gmail.com as soon as you finish the run

3) All the participants will receive the E- certificate via email upon finishing the run and submitting the photos in 20 Days.

FOR MORE DETAILS email us marketmovers35@gmail.com 

Rules and Regulation:

1. It is mandatory to follow all social distancing rules.

2. Registration on town script is mandatory.

3. It is mandatory to share your pictures and selfies.

4. It is mandatory to use applications like Strava, Nike run, Garmin, Adidas/ any smartwatch app.

5. This Virtual Run will not be responsible for any injury or suffering that occurred to you during the event, it is necessary to take medical advice from your doctor for your Physical Fitness and safety of your health.

6. It is mandatory to select the category.

7. It is mandatory to fill all your information in the given form

8. You agree to abide by the instructions provided by the organizers from time to time in the best interest of your health and event safety.

9. You confirm that your name and media recordings were taken during the participation may be used to publish the event.

10. You may acknowledge that your name and personal information can be stored and used by Future sports.

 You choose to accept the Terms and Conditions laid and follow during the event

 You choose to accept Market Movers won't be liable for any harm caused during the event as this is a Virtual Event

 You will cooperate with the organizers and make this event successful 

Navratri Virtual Run...

 Navratri Virtual Run...

*Free Registration*

RUN 1KM / 2KM / 3KM / 5KM / 10KM

Children 500 m / 1 KM / 2KM (NOTE : PARENTS SHOULD NOTE ABOUT CHILDREN RUN'S. ORGANIZERS ARE NOT RESPONSIBLE)

ABOUT THE *#Navratri VIRUAL RUN*. Run For Garba, Dandia Lovers, Runners around the globe, in turbulent and challenging times!

By taking part in the race you’re keeping your running alive.

RUN ON occasion of Navratri From 17 October or 25 October. So be a part of this event. ..

Covid19 ALL situation its very important hare so keep distance use mask & stay safe...

OUR FACEBOOK PAGE : CLICK HERE

This Event is organized to encourage fitness and promote fitness amongst the population.

1) Complete that distance between 17 October or 25 October.

2) Record your activities in any GPS tracking app and send that activity screenshot / link on marketmovers35@gmail.com as soon as you finish the run

3) All the participants will receive the E- certificate via email upon finishing the run and submitting the photos in 20 Days.

FOR MORE DETAILS email us marketmovers35@gmail.com

Rules and Regulation:

1. It is mandatory to follow all social distancing rules.

2. Registration on town script is mandatory.

3. It is mandatory to share your pictures and selfies.

4. It is mandatory to use applications like Strava, Nike run, Garmin, Adidas/ any smartwatch app.

5. This Virtual Run will not be responsible for any injury or suffering that occurred to you during the event, it is necessary to take medical advice from your doctor for your Physical Fitness and safety of your health.

6. It is mandatory to select the category.

7. It is mandatory to fill all your information in the given form

8. You agree to abide by the instructions provided by the organizers from time to time in the best interest of your health and event safety.

9. You confirm that your name and media recordings were taken during the participation may be used to publish the event.

10. You may acknowledge that your name and personal information can be stored and used by Future sports.

 You choose to accept the Terms and Conditions laid and follow during the event

 You choose to accept Market Movers won't be liable for any harm caused during the event as this is a Virtual Event

 You will cooperate with the organizers and make this event successful 

Fno Ban Stocks

 Stock under F&O ban on NSE 14-Oct-20

1 ADANIENT

2 BHEL

3 CANBK

4 ESCORTS

5 IDEA

6 JINDALSTEL

7 SAIL

Stocks to watch in trade today

Wipro: Board approved proposal to buyback 23.75 crore shares (4.16% equity stake) at Rs 400 per share aggregating to Rs 9,500 crore. Buyback price is at premium of 6.45% to the closing prices as on Oct.13. Members of the promoter and promoter group of the Company have indicated their intention to participate in the proposed Buyback. Company also entered into a definitive agreement to acquire Eximius Design and its Indian arm for $80 million. Eximius Design is an engineering services company with expertise in semiconductor, software and systems design. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be concluded in Dec. quarter.

Bharti Airtel group entities moved to Supreme Court challenging the NCLAT order directing them to pay more than Rs 100 crore to Aircel. NCLAT had directed Bharti Airtel and Bharti Hexacom in July to pay Rs 112 crore to Aircel. Supreme Court has stayed the NCLAT order and issued a notice directing Aircel's resolution professional to reply within four weeks

Bharti Airtel, Vodafone Idea told the government that next payment is due in March 2022. (Bloomberg News)

NTPC to raise Rs 4,000 crore via issue of NCDs.

Coal India: Total coal allocation under its four e-auction windows registered about 65% to 41.4 million tons during the first half of the current financial year. With the industrial and commercial activities reviving after the un-lock, company is hopeful that the demand sustains and the sales get boosted soon.

Competition Commission of India approved proposed acquisition of shares in CG Power and Industrial Solutions by Tube Investments.

Competition Commission of India approved acquisition of solar energy generation assets by joint venture of Total Solar Singapore and Adani Green Energy.

Future Enterprises defaulted on payment of interest on NCDs worth Rs 15.14 crore which was due on Oct.12.

Jindal Polyfilms stated that proposed capacity addition at BOPP film line in Nasik plant will for 44,000 MTPA and it will be added by March, 2022 and 5,800 MTPA capacity of BOPP capacitor line will also added by Jan., 2022. On Oct.6 company had announced investment of Rs 450 crore for the above projects.

IRCTC: Railways has approved running 196 pairs of trains in the festival season. (Bloomberg News)

Punjab and Sind Bank: Three NPA accounts worth 133.46 crore declared a fraud. Bank has provided 100% provisioning as per the prudential norms.

Wockhardt: Board has approved redemption certain preference shares before its due date. 

Stocks in the news

Wipro reported a dollar revenue growth of 3.7 percent at $1,992.4 million against $1,921.6 million QoQ. Management expects dollar revenue growth at 1.5-3.5 percent in Q3.

SRF: The QIP committee of the company is scheduled to be held on October 16 to determine the issue price.

PNB Gilts: CRISIL re-affirmed its credit rating of 'A1+' as assigned to its Rs 1,000 crore commercial paper programme.

Karnataka Bank reported a profit of Rs 119.44 crore in Q2 FY21 against Rs 105.91 crore, net interest income increased to Rs 575 crore from Rs 498.7 crore YoY.

CSL Finance's board approved the issuance of non-convertible debentures (NCDs) aggregating to Rs 10 crore on a private placement basis.

TVS Motor Company: LIC increased stake in company to 4.87 percent in September quarter from 3.18 percent in the June quarter.

Dividends & Results

 Today's Corporate Action 14th Oct Ex Date

INFRATRUST Income Distribution (InvIT)

TCS Interim Dividend

Today's Board Meetings 14-Oct-20

BIRLAMONEY Quarterly Results

CHDCHEM Quarterly Results

DEN Quarterly Results

GOACARBON Quarterly Results

GUJHOTE Quarterly Results

INDOCRED General;Quarterly Results

INFY Interim Dividend;Quarterly Results

ITHL Quarterly Results

JTLINFRA General;Quarterly Results

KILBURNC Quarterly Results

MDRNSTL Audited Results;General;Quarterly Results

RIIL Quarterly Results

TATAELXSI Audited Results

TWL Audited Results;Quarterly Results

Results on October 14

Infosys, Aditya Birla Money, Tata Elxsi, Tata Steel BSL, Titagarh Wagons, CHD Chemicals, Den Networks, Goa Carbon, International Travel House, JTL Infra, Kilburn Chemicals, Modern Steels and Reliance Industrial Infrastructure are among the 16 companies that will announce their quarterly earnings on October 14.

Some of the main moves in markets

Stocks

The S&P 500 dipped 0.6% as of 4 p.m. New York time.

The Stoxx Europe 600 Index decreased 0.5%.

The MSCI Asia Pacific Index rose 0.1%.

Currencies

The Bloomberg Dollar Spot Index jumped 0.5%.

The euro decreased 0.6% to $1.1747.

The Japanese yen weakened 0.1% to 105.48 per dollar.

Bonds

The yield on 10-year Treasuries slid five basis points to 0.73%.

Germany’s 10-year yield fell one basis point to -0.56%.

Britain’s 10-year yield decreased three basis points to 0.239%.

Commodities

The Bloomberg Commodity Index fell 0.3%.

West Texas Intermediate crude rose 2% to $40.22 a barrel.

Gold slid 1.5% to $1,893.74 an ounce.

World Indices

 Stocks Drop on Stimulus Deadlock as Banks Tumble: Markets Wrap

Stocks fell on speculation that recent gains have outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Treasuries and the dollar climbed.

Banks led losses in the S&P 500, with JPMorgan Chase & Co. and Citigroup Inc. sinking as investors worried that third-quarter earnings signaled just a pause in pain from soured loans. Eli Lilly & Co. tumbled after putting its government-sponsored antibody test on hold due to potential safety concerns, hours after Johnson & Johnson paused its Covid-19 vaccine trial. Amazon.com Inc. closed little changed and Apple Inc. slumped after Monday’s surge in big tech. The online retailer kicked off its Prime Day sale event, while the tech giant unveiled its iPhone 12 line with 5G speed.

Asian stocks were set for modest declines after American equities slipped, with little sign for a quick end to the stalemate over fresh U.S. fiscal stimulus. Treasuries and the dollar climbed. S&P 500 futures opened flat after banks led losses on Tuesday. Equity futures were lower in Japan and Australia. Hong Kong’s markets are expected to resume after a tropical storm forced closures on Tuesday. Crude oil advanced, while gold retreated. Traders will be watching a speech from Chinese President Xi Jinping in Shenzhen on Wednesday, where he is expected to lay out a vision for the region’s growth.

Asia Stocks Slip Amid Earnings, Stimulus Deadlock: Markets Wrap

Asian stocks followed their U.S. counterparts lower Wednesday as earnings season began and there was no sign of a quick end to the fiscal stimulus stalemate. Treasuries and the dollar were steady.

Stocks slipped in Japan and South Korea and were little changed in Australia. Hong Kong’s markets are expected to resume trading after a tropical storm forced closures on Tuesday. S&P 500 contracts ticked higher after banks earlier dragged down the U.S. benchmark, with JPMorgan Chase & Co. and Citigroup Inc. sinking as investors worried that third-quarter earnings signaled just a pause in pain from soured loans. Eli Lilly & Co. dropped after saying that enrollment in a government-sponsored clinical trial of its antibody therapy had been paused out of safety concerns.