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NEWS
UPDATE
8th NOV 2019
GOOD MORNING
Welcome to ’Friday’s trading
action at Dalal Street.
1
Let’s take look at major news of the market
U.S. futures were little changed after the S&P 500 Index
notched another record high. Japanese 10-year government
bond yields are heading for their biggest weekly climb since
May 2013, the month the taper tantrum began. China’s
offshore yuan is trading stronger than 7 per dollar.
Money Market Update
Rupee recovers losses to end flat on US-China
trade deal hopes
Results on November 8: M&M, Ashok Leyland, Bank Of Baroda, Eicher Motors, Allahabad Bank, Allcargo Logistics,
Bharat Forge, Capacite Infraprojects, Century Plyboards, Chambal Fertilisers, CRISIL, Dredging Corporation, Equitas
Holdings, Gail, Himatsingka Seide, IDFC, IDBI Bank, Inox Wind, KEC International, MRF, Religare Enterprises, Sical
Logistics, Sobha, Subex, Tata Communications, Tata Power, Triveni Engineering
Results on November 9: Goldiam International, J.K.CEMENT, Jaiprakash Associates, Lakshmi Vilas Bank, Mangalam
Cement, NTPC, Oil India, Tanla Solutions and Vimta Labs
Results on November 10: Shree Renuka Sugars, CG Power and MT Educare
Wockhardt Q2: Consolidated net loss at Rs 94.2 crore versus loss of Rs 31 crore, revenue down 28.7% at Rs 802.2 crore
versus Rs 1,125.7 crore, YoY
Power GridQ2: Net profit up 9.7% at Rs 2,527.1 crore versus Rs 2,304 crore, revenue up 4.8% at Rs 8,685 crore versus Rs
8,289 crore, YoY.
GSK Consumer Q2: Net profit up 25.3% at Rs 345.3 crore versus Rs 275.5 crore, revenue up 5.7% at Rs 1,345.1 crore
versus Rs 1,272 crore, YoY
Andhra Sugars Q2: Consolidated net profit up 24.4% at Rs 52 crore versus Rs 42 crore, revenue up 14.5% at Rs 391.4
crore versus Rs 341.8 crore, YoY
Mindtree - Pradip Kumar Menon resigns as CFO of the company
U.S. MARKET CHECK
Asian stocks advanced and benchmark Japanese
bond yields inched toward an exit from negative
territory as a risk-on mood permeated global financial
markets.
ASIAN CUES
Stocks In F&O Ban
-
Stocks To Watch
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News update 8 11-19

  • 2. GOOD MORNING Welcome to ’Friday’s trading action at Dalal Street. 1 Let’s take look at major news of the market U.S. futures were little changed after the S&P 500 Index notched another record high. Japanese 10-year government bond yields are heading for their biggest weekly climb since May 2013, the month the taper tantrum began. China’s offshore yuan is trading stronger than 7 per dollar. Money Market Update Rupee recovers losses to end flat on US-China trade deal hopes Results on November 8: M&M, Ashok Leyland, Bank Of Baroda, Eicher Motors, Allahabad Bank, Allcargo Logistics, Bharat Forge, Capacite Infraprojects, Century Plyboards, Chambal Fertilisers, CRISIL, Dredging Corporation, Equitas Holdings, Gail, Himatsingka Seide, IDFC, IDBI Bank, Inox Wind, KEC International, MRF, Religare Enterprises, Sical Logistics, Sobha, Subex, Tata Communications, Tata Power, Triveni Engineering Results on November 9: Goldiam International, J.K.CEMENT, Jaiprakash Associates, Lakshmi Vilas Bank, Mangalam Cement, NTPC, Oil India, Tanla Solutions and Vimta Labs Results on November 10: Shree Renuka Sugars, CG Power and MT Educare Wockhardt Q2: Consolidated net loss at Rs 94.2 crore versus loss of Rs 31 crore, revenue down 28.7% at Rs 802.2 crore versus Rs 1,125.7 crore, YoY Power GridQ2: Net profit up 9.7% at Rs 2,527.1 crore versus Rs 2,304 crore, revenue up 4.8% at Rs 8,685 crore versus Rs 8,289 crore, YoY. GSK Consumer Q2: Net profit up 25.3% at Rs 345.3 crore versus Rs 275.5 crore, revenue up 5.7% at Rs 1,345.1 crore versus Rs 1,272 crore, YoY Andhra Sugars Q2: Consolidated net profit up 24.4% at Rs 52 crore versus Rs 42 crore, revenue up 14.5% at Rs 391.4 crore versus Rs 341.8 crore, YoY Mindtree - Pradip Kumar Menon resigns as CFO of the company U.S. MARKET CHECK Asian stocks advanced and benchmark Japanese bond yields inched toward an exit from negative territory as a risk-on mood permeated global financial markets. ASIAN CUES Stocks In F&O Ban - Stocks To Watch
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