Gold prices today fall to near 1-year lows. In India, rates dip below ₹50,000

 Gold prices today: Global rates today fell to $1,691 per ounce, the lowest since August 21

In India, the fall in gold rates has been less steep due to the recent import duty hike on the yellow metal.

In global markets, gold rates today fell to lowest in nearly a year, buffeted by an elevated Us    dollar.Prospects of more interest rate hikes by major central banks also weighed on bullion's appeal. Spot gold today fell to $1,691.40, the lowest since August 2021. A stronger US dollar makes greenback-priced bullion more expensive for buyers holding other currencies.

In India, the fall has been less steep due to the recent import duty hike on the yellow metal. MCX gold futures were down 0.5% to ₹49,958 per 10 gram, the lowest since February, while silver fell 0.88% to ₹55130 per kg. India imports most of its gold requirement. Besides global rates and rupee-dollar movement, domestic prices also track change in different levies like import duty and GST.

“COMEX gold trades near Aug.2021 lows weighed down by pause in US dollar ahead of ECB decision today. Also weighing on price is stability in equity markets, concerns about consumer demand in India and China and continuing ETF outflows. Gold stalled near $1700/oz level for last few days despite weakness in US dollar which showed lack of confidence that US currency may weaken significantly. Gold may remain under pressure unless we see renewed selling pressure in US dollar post ECB decision. ECB is largely expected to raise interest rate by 0.25% however there is some expectations of a bigger move as well," said Ravindra Rao, VP- Head Commodity Research at Kotak Securities.

Commodity traders will be focused on the European Central Bank policy outcome today. The ECB is expected to raise interest rates for the first time in 11 years. Next week, the policymakers of US Federal Reserve will meet to decide on interest rate. The Fed is widely expected to raise interest rates by 75 basis points at its policy meeting next week to combat inflation.

Although gold is seen as a hedge against inflation, rising interest rates increase the opportunity cost of holding bullion, which pays no interest.

Despite the price dip, ETFs continued to see outflows. The holdings of SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, fell 0.3% to 1,005.87 tonnes on Wednesday from 1,009.06 tonnes on Tuesday.

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Listed in June 2022, this stock has risen 54% from its issue price

                                        Aether Industries IPO was open from May 24-26

 Adding on to the strong performance of the stock, brokerage house HDFC Securities initiated coverage on the stock with a 'buy' call. The brokerage has a target price of ₹1,045 for the stock.]

Shares of Aether Industries have given robust returns to its investors since listing From June 3, (it's listing day), the stock has risen 41 percent till date. The stock listed at a premium to its issue price and was locked in a 10-percent upper circuit throughout the day, the only stock to do so on a listing day in 2022.

From June 3, (it's listing day), the stock has risen 41 percent till date. The stock listed at a premium to its issue price and was locked in a 10-percent upper circuit throughout the day, the only stock to do so on a listing day in 2022.

The ₹808-crore IPO of the company was subscribed 6.26 times during its public offer. Aether Industries Limited manufactures and sells advanced intermediates and specialty chemicals in India and internationally. It is focused on producing advanced intermediates involving complex and differentiated chemistry and technology core competencies. It serves pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas industries.

Adding on to the strong performance of the stock, brokerage house HDFC Securities initiated coverage on the stock with a 'buy' call. The brokerage has a target price of ₹1,045 for the stock. This indicates a 62 percent potential upside from its issue price of ₹642 and a 6 percent upside from the current levels.

As per the brokerage, Aether is more than doubling its manufacturing capacity by 2023-end. Augmentation of capacity will not only allow it to fulfill the demand of the existing and potential customers for existing products but also provide an opportunity to launch new products, HDFC pointed out.

Business Model 

"Aether Industries Ltd has a technology-oriented business model and it sells innovations in chemistries and technologies. Competencies in eight chemistries and eight technologies have enabled the company to successfully build all three of its business verticals—large-scale manufacturing, contract manufacturing and contract research and manufacturing services (CRAMS)—in less than six years of operation," the brokerage said in its report.

The brokerage further highlighted that Aether’s business model compels it to regularly launch products and add competencies. Moreover, the firm is tripling its research and development (R&D) infrastructure and strengthening its team size which will support its growth pace, said HDFC.

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EPFO ​​likely to increase equity investment limit to 20 percent

                A decision may be taken in the EPFO ​​trustee meeting at the end of the month

Retirement fund body EPFO ​​is likely to approve a proposal to increase its investment in equities to 20 per cent from the current limit of 15 per cent this month. According to sources, the proposal will be considered and approved during the meeting of EPFO ​​trustees to be held on July 29 and 30. Currently, EPFO ​​can invest 5 to 15 percent of investable deposits in equity or equity-related schemes.

The proposal to revise the limit to 20 percent has been scrutinized and approved by the Finance Audit and Investment Committee (FAIC), an advisory body of the Employees Provident Fund Organization (EPFO). FAIC's recommendation will be placed before EPFO's highest decision-making body—the Central Board of Trustees (CBT)—for consideration and approval.

The Central Board of Trustees (CBT), headed by the Union Labor Minister, is likely to approve FAIC's recommendation to increase investmentin equity and equity-related schemes from the current 5-15 per cent to 5-20 per cent. In a written reply in the Lok Sabha on Monday, Minister of State for Labor and Employment Rameshwar Teli said, “The sub-committee of FIAC, CBTEPF has recommended a proposal to investment in CBT has reduced the investment pattern for EPF consideration from 5-15 percent to 5-20 percent.

EPFO started investing in Exchange Traded Funds (ETFs) in August 2015 with 5 per cent of its investable deposits in stock-linked products.

The notional return on EPFO's equity-linked investments has increased from 14.67 per cent in 2020-21 to 16.27 per cent in 2021-22 which had been a negative return during Covid. The response also pointed out that the notional rate of return on equity relatedinvestments of EPFO ​​was negative at (-) 8.29 percent in 2019-20 due to the impact of Covid-19.

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शेयर मार्केट में तेजी:सेंसेक्स 300 अंक चढ़ा, निफ्टी 16000 के पार, भारती एयरटेल और SBI टॉप गेनर्स

 मिले-जुले ग्लोबल संकेतों के बीच घरेलू शेयर बाजार में खरीदारी देखने को मिल रही है। आज के कारोबार में सेंसेक्स और निफ्टी दोनों इंडेक्स में तेजी नजर आ रही है। सेंसेक्स 300 अंकों से ज्यादा मजबूत हुआ। जबकि निफ्टी भी 16000 के पार निकल गया है। आज बाजार में चौतरफा खरीदारी देखने को मिल रही है।

आज के कारोबार में निफ्टी पर बैंक और फाइनेंशियल इंडेक्स में 0.50% से ज्यादा तेजी नजर आ रही है। IT और रियल्टी इंडेक्स में भी 0.50% से ज्यादा मजबूती है। फाइनेंशियल, मेटल, फार्मा सहित अन्य इंडेक्स भी बढ़त में दिख रहे हैं। फिलहाल सेंसेक्स में 316 अंकों की तेजी दिख रही है और यह 53733 के लेवल पर ट्रेड कर रहा है। जबकि निफ्टी 87 अंक बढ़कर 16025 के लेवल पर दिख रहा है। आज के टॉप गेनर्स में HUL, एयरटेल, LT, एशियन पेंट्स, इंडसइंड बैंक, इंफोसिस, टाइटन और टेक महिंद्रा शामिल हैं।

EQUITY CALLS SUMMARY OR CLOSING BELL BY IDEAL STOCK ADVISORY

NIFTY (+15.75) @11604.10 

BANK NIFTY (+48.45) @29459.60

SENSEX (+94.99) @39058.83 

USDINR, CMP @70.9250 (-0.0150)

SUMMARY:-

RESEARCH 1 TODAY CALLS UPDATE:-

CASH BASIC – TOTAL GIVEN CALLS – 02

CUMMINSIND – STOP LOSS TRIGGER

VIPIND – FINAL TGT HIT

FUTURE BASIC – TOTAL GIVEN CALLS - 02

TITAN – ALMOST FINAL TGT HIT

COLPAL – 1st TGT HIT

OPTION BASIC – TOTAL GIVEN CALLS - 01

WIPRO 250 CE – 1st TGT HIT

RESEARCH 2 TODAY CALLS UPDATE:-

FUTURE HNI – TOTAL GIVEN CALLS – 01

ITC – COST ABOVE PROFIT

FUTURE IDEAL – TOTAL GIVEN CALLS – 01

PVR – STOP LOSS TRIGGER

CASH HNI – TOTAL GIVEN CALLS – 02

COAL INDIA – COST ABOVE PROFIT

ITC - HOLD

CASH IDEAL – TOTAL GIVEN CALLS – 01

DLF – 1st TGT HIT

OPTION IDEAL – TOTAL GIVEN CALLS – 01

VOLTAS 700 CE – BOOK NEAR 1st TGT

OPTION HNI – TOTAL GIVEN CALLS – 01

SBIN 260 CE – FINAL TGT HIT

MEGA DERIVATIVE – TOTAL GIVEN CALLS – 01

RELIANCE – 1st TGT HIT

INDEX FUTURE & OPTION – TOTAL GIVEN CALLS – 02

NIFTY –FINAL TGT HIT

BANKNIFTY 29500 CE (24–OCT) – COST ABOVE PROFIT

Ideal Stock की तरफ से सभी ट्रेडर के लिए बेस्ट ऑफर 

आज ही हमारा फ्री ट्रायल फॉर्म भरे और पाएं बेस्ट दिवाली ऑफर…!!!

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EQUITY CALLS SUMMARY OR CLOSING BELL BY IDEAL STOCK ADVISORY

NIFTY (+75.50) @11661.85

BANK NIFTY (+130.80) @29120.25

SENSEX (+246.32) @39298.38

USDINR, CMP @71.1425 (-0.0225)

SUMMARY:-

RESEARCH 1 TODAY CALLS UPDATE:-

CASH BASIC – TOTAL GIVEN CALLS – 03

OBEROIRLTY – FINAL TGT HIT

ESCORTS – 1st TGT HIT

ICICIPRU – COST TO COST

FUTURE BASIC – TOTAL GIVEN CALLS - 03

MCDOWELL-N – 1st TGT HIT

HAVELLS – STOP LOSS TRIGGER

NESTLED – FINAL TGT HIT

OPTION BASIC – TOTAL GIVEN CALLS - 02

ADANI PORT 410 CE – FINAL TGT HIT

SBIN 270 CE – 1st TGT HIT

RESEARCH 2 TODAY CALLS UPDATE:-

FUTURE HNI – TOTAL GIVEN CALLS – 01

PVR – HOLD

FUTURE IDEAL – TOTAL GIVEN CALLS – 01

TCS – 1st TGT HIT

CASH HNI – TOTAL GIVEN CALLS – 01

JUSTDIIAL – FINAL TGT HIT

CASH IDEAL – TOTAL GIVEN CALLS – 01

RELAXO – 1st TGT HIT

OPTION IDEAL – TOTAL GIVEN CALLS – 02

EQUITAS 110 CE – ALMOST 1st TGT HIT

JUSTDIAL 600 CE – FINAL TGT HIT

OPTION HNI – TOTAL GIVEN CALLS – 02

HAVE LESS 660 CE – STOP LOSS TRIGGER

JUSTDIAL 600 CE – FINAL TGT HIT

INDEX FUTURE & OPTION – TOTAL GIVEN CALLS – 02

BANKNIFTY – 2nd TGT HIT

BANKNIFTY 29500 CE (24–OCT) – FINAL TGT HIT

Ideal Stock की तरफ से सभी ट्रेडर के लिए बेस्ट ऑफर 

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Stock Market Trading Tips / सेंसेक्स में 154 अंक की बढ़त, निफ्टी 40 प्वाइंट चढ़कर 11450 के ऊपर पहुंचा

बीपीसीएल के शेयर में 3% उछाल, जेएसडब्ल्यू स्टील में 1.6% बढ़त

वेदांता का शेयर 2% लुढ़का, पावर ग्रिड में 1% गिरावट

शेयर बाजार की शुरुआत आज भी बढ़त के साथ हुई। सेंसेक्स 131 अंक की तेजी के साथ 38,637.05 पर खुला। कारोबार के दौरान 154 प्वाइंट चढ़कर 38,660.25 तक पहुंचा। निफ्टी की ओपनिंग 37 प्वाइंट ऊपर 11,464.95 पर हुई। इसने 40 अंक की बढ़त के साथ 11,468.55 का उच्च स्तर छुआ।विश्लेषकों के मुताबिक मजबूत विदेशी संकेतों से बाजार में तेजी आई।

सेंसेक्स के 30 में से 19 और निफ्टी के 50 में से 31 शेयरों में तेजी देखी गई। बीपीसीएल के शेयर में 3% उछाल आया। जेएसडब्ल्यू स्टील में 1.6% बढ़त दर्ज की गई। ओएनजीसी और रिलायंस इंडस्ट्रीज के शेयर 1-1 फीसदी ऊपर आए।

दूसरी ओर वेदांता का शेयर 2% लुढ़क गया। पावर ग्रिड में 1% और एशियन पेंट्स में 0.6% नुकसान देखा गया। एनटीपीसी, महिंद्रा एंड महिंद्रा, हीरो मोटोकॉर्प और आईटीसी में 0.5% से 0.6% तक गिरावट आई।

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फ्रांस की टोटल कंपनी अदाणी गैस में 37.4% हिस्सेदारी खरीदेगी, अदाणी गैस का शेयर इंट्रा-डे में 18% चढ़ा

25.2% शेयर ओपन ऑफर के जरिए, बाकी 12.2% अदाणी परिवार से खरीदे जाएंगे

अदाणी गैस ने वैल्यू नहीं बताई, डील के बाद अदाणी परिवार के पास 37.4% शेयर रह जाएंगे

फ्रांस की एनर्जी कंपनी टोटल, अदाणी गैस कंपनी में 37.4% शेयर खरीदेगी। 25.2% हिस्सेदारी ओपन ऑफर के जरिए बाकी 12.2% अदाणी परिवार से खरीदी जाएगी। अदाणी गैस ने सोमवार को यह जानकारी दी। हालांकि, डील की वैल्यू नहीं बताई। डील की जानकारी से अदाणी गैस के शेयर में 18% उछाल आया। हालांकि, क्लोजिंग 9.4% बढ़त के साथ हुई।

अदाणी परिवार के पास फिलहाल 74.8% शेयर

इस डील के बाद टोटल और अदाणी परिवार के पास 37.4-37.4% शेयर रहेंगे। बाकी 25.2% हिस्सेदारी आम निवेशकों के पास रहेगी। अदाणी परिवार के पास फिलहाल अदाणी गैस के 74.8% शेयर हैं।

अदाणी-टोटल पहले से पार्टनर

एक साल पहले टोटल और अदाणी गैस ने नेचुरल गैस की बिक्री और इंपोर्ट के लिए 50-50% की साझेदारी में ज्वाइंट वेंचर किया था। टोटल दुनिया की दूसरी बड़ी लिक्विफाइड नेचुरल गैस (एलएनजी) कंपनी है।

देश में नेचुरल गैस मार्केट की सालाना ग्रोथ 5% से ज्यादा

देश का नेचुरल गैस मार्केट तेजी से बढ़ रहा है। कुल ऊर्जा खपत में इसकी 7% हिस्सेदारी है, लेकिन पिछले तीन साल में 5% से ज्यादा सालाना ग्रोथ दर्ज की गई। सरकार ने 2030 तक ऊर्जा खपत में नेचुरल गैस का शेयर 15% पहुंचाने का लक्ष्य तय किया है।

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EQUITY CALLS SUMMARY & CLOSING BELL

IDEAL CLOSING BUZZ :- 

NIFTY UP (+70.50) @11305.05 

BANK NIFTY (+29.05) @28042.50 

SENSEX  (+246.68) @38127.08 

USDINR, CMP @71.0350 (-0.0400)

SUMMARY:-

RESEARCH 1 TODAY CALLS UPDATE:-

CASH BASIC – TOTAL GIVEN CALLS – 03

JUBILANT – 1st TGT HIT

RAMCOCEM – STOP LOSS TRIGGER

BIOCON –FINAL TGT HIT

FUTURE BASIC – TOTAL GIVEN CALLS - 03

UPL – STOP LOSS TRIGGER

HINDUNILVR – STOP LOSS TRIGGER

STAR – 1st TGT HIT

OPTION BASIC – TOTAL GIVEN CALLS - 02

PIDILITIND 1400 CE – COST TO LOSS

HINDUNILVR 2000 CE – 2nd TGT HIT

FUTURE HNI – TOTAL GIVEN CALLS – 01

NESTLED – 1st TGT HIT

FUTURE IDEAL – TOTAL GIVEN CALLS – 01

MALAPPURAM – ALMOST 1St TGT HIT

RESEARCH 2 TODAY CALLS UPDATE:-

CASH HNI – TOTAL GIVEN CALLS – 01

PVR – 1st TGT HIT

CASH IDEAL – TOTAL GIVEN CALLS – 01

APOLLO HOSP – COST TO COST

OPTION IDEAL – TOTAL GIVEN CALLS – 01

COAL INDIA 180 CE – 1st TGT HIT

OPTION HNI – TOTAL GIVEN CALLS – 01

INFY 800 CE – FINAL TGT HIT

MEGA DERIVATIVE – TOTAL GIVEN CALLS – 01

TATAELAXSI – 1st TGT HIT

INDEX FUTURE & OPTION – TOTAL GIVEN CALLS – 02

NIFTY – FINAL TGT HIT

BANKNIFTY 28500 CE (17–OCT) – FINAL TGT HIT

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EQUITY CALLS SUMMARY OR CLOSING BELL BY IDEAL STOCK INVESTMENT ADVISORY

NIFTY DOWN (-78.75) @11234.55

BANK NIFTY DOWN (-772.30) @28013.45

SENSEX DOWN (-297.55) @37880.40

USDINR, CMP @71.0250 (-0.0500)

SUMMARY:-

RESEARCH 1 TODAY CALLS UPDATE:-

CASH BASIC – TOTAL GIVEN CALLS – 03

BIOCON – FINAL TGT HIT

MCDOWELL-N – STOP LOSS TRIGGER

SUNTV – 2nd TGT HIT

FUTURE BASIC – TOTAL GIVEN CALLS - 03

VOLTAS – 2nd TGT HIT

MGL – STOP LOSS TRIGGER

BIOCON – ALMOST 1st TGT HIT

OPTION BASIC – TOTAL GIVEN CALLS - 02

BATAIND 1720 CE – 1st TGT HIT

JUBLFOOD 1320 CE – 2nd TGT HIT

FUTURE HNI – TOTAL GIVEN CALLS – 01

MARICO – 1st TGT HIT

FUTURE IDEAL – TOTAL GIVEN CALLS – 01

JUBLFOOD – 1St TGT HIT

RESEARCH 2 TODAY CALLS UPDATE:-

CASH HNI – TOTAL GIVEN CALLS – 01

LT - HOLD

CASH IDEAL – TOTAL GIVEN CALLS – 01

TCS – HOLD

OPTION IDEAL – TOTAL GIVEN CALLS – 01

INFY 780 CE – 1st TGT HIT

OPTION HNI – TOTAL GIVEN CALLS – 01

INDIGO 1800 CE – STOP LOSS TRIGGER

MEGA DERIVATIVE – TOTAL GIVEN CALLS – 01

JUBLFOOD – BOOK PROFIT 4000/- PER LOT

INDEX FUTURE & OPTION – TOTAL GIVEN CALLS – 02

BANKNIFTY – 1st TGT HIT

BANKNIFTY 28500 CE (10–OCT) – 1st TGT HIT

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CLOSSING BELL | EQUITY CALLS SUMMARY

NIFTY DOWN (-48.35) @11126.40 

BANK NIFTY UP (+35.70) @27767.55 

SENSEX DOWN (-141.33) @37531.98 

USDINR, CMP @71.0650 (+0.1800)

SUMMARY:-

RESEARCH 1 TODAY CALLS UPDATE:-

CASH BASIC – TOTAL GIVEN CALLS – 03

HEG – 1st TGT HIT

CUMMINSIND – FINAL TGT HIT

APOLLO HOSP – COST TO LOSS

FUTURE BASIC – TOTAL GIVEN CALLS - 03

VOLTAS – FINAL TGT HIT

BRITANNIA – 1st TGT HIT

AXISBANK – FINAL TGT HIT

OPTION BASIC – TOTAL GIVEN CALLS - 01

TITAN 1280 CE – HOLD

FUTURE HNI – TOTAL GIVEN CALLS – 01

TITAN - HOLD

CASH HNI – TOTAL GIVEN CALLS – 01

APOLLO HOSP – COST TO COST

RESEARCH 2 TODAY CALLS UPDATE:-

FUTURE IDEAL – TOTAL GIVEN CALLS – 01

BERGERPAINT – STOP LOSS TRIGGER

CASH IDEAL – TOTAL GIVEN CALLS – 01

ASHOKLEY – FINAL TGT HIT

OPTION IDEAL – TOTAL GIVEN CALLS – 01

PVR 1800 CE – FINAL TGT HIT

OPTION HNI – TOTAL GIVEN CALLS – 01

EQUITAS 100 PE – HOLD

MEGA DERIVATIVE – TOTAL GIVEN CALLS – 00

INDEX FUTURE & OPTION – TOTAL GIVEN CALLS – 02

NIFTY – 1st TGT HIT

NIFTY 11200 PE (10–OCT) – STOP LOSS TRIGGER

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Urja Global shines on getting nod to raise Rs 3,500 crore through green bonds

Urja Global is currently trading at Rs. 2.04, up by 0.08 points or 4.08% from its previous closing of Rs. 1.96 on the BSE.

The scrip opened at Rs. 2.03 and has touched a high and low of Rs. 2.05 and Rs. 1.92 respectively. So far 292497 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 4.99 on 30-Nov-2018 and a 52 week low of Rs. 1.60 on 08-Oct-2019.

Last one week high and low of the scrip stood at Rs. 2.05 and Rs. 1.60 respectively. The current market cap of the company is Rs. 103.47 crore.

The promoters holding in the company stood at 31.91%, while Institutions and Non-Institutions held 0.78% and 67.30% respectively.

Urja Global has received shareholders' nod to issue $500 million (Rs 3,500 crore) green bonds to finance energy projects and electric vehicles. The company has also received approval for listing the bonds overseas at the London Stock Exchange or Singapore Stock Exchange or Nasdaq or any other foreign exchange.

Urja Global is a non-renewable and renewable energy developer and operator. It is engaged in design, consultancy, integration, supply, installation, commissioning and maintenance of off-grid and grid-connected solar power plants.

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Indian Stock Market Today- Wipro soars on the BSE

Wipro is currently trading at Rs. 238.90, up by 5.35 points or 2.29% from its previous closing of Rs. 233.55 on the BSE.

The scrip opened at Rs. 234.00 and has touched a high and low of Rs. 238.20 and Rs. 232.70 respectively. So far 66186 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 301.55 on 14-Jun-2019 and a 52 week low of Rs. 220.50 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 240.80 and Rs. 232.35 respectively. The current market cap of the company is Rs. 135881.49 crore.

The promoters holding in the company stood at 73.83%, while Institutions and Non-Institutions held 15.10% and 8.77% respectively.

Wipro has completed the transaction under which it was to absorb certain employees of Vara Infotech as part of its $300 million (about Rs 2,100 crore) deal with ICICI Bank.

In September, Wipro had said it had secured a strategic seven-year engagement, valued at $300 million, from ICICI Bank to provide a comprehensive suite of services.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.

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Stock Market Today- Reliance Power zooms on planning capital expenditure of Rs 4,000 crore to install FGD units

Reliance Power is currently trading at Rs. 2.47, up by 0.27 points or 12.27% from its previous closing of Rs. 2.20 on the BSE.

The scrip opened at Rs. 2.26 and has touched a high and low of Rs. 2.58 and Rs. 2.22 respectively. So far 2020081 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.65 on 19-Nov-2018 and a 52 week low of Rs. 2.14 on 30-Sep-2019.

Last one week high and low of the scrip stood at Rs. 2.80 and Rs. 2.14 respectively. The current market cap of the company is Rs. 704.09 crore.

The promoters holding in the company stood at 45.16%, while Institutions and Non-Institutions held 11.41% and 43.42% respectively.

Reliance Power has planned a capital expenditure of Rs 4,000 crore to install flue-gas desulfurization (FGD) units across its coal-based power plants. As a part of the company’s strategy to achieve clean green power, the company will focus on renewable energy projects like solar and wind, apart from looking at opportunities in waste to power generation in terms of biomass and biofuels.

This initiative is to meet the twin objectives of the development of sustainable, cleaner and greener power generation portfolios and capital-light assets with shorter development cycles and quicker generation of reverse cash flows.

Reliance Power, a part of the Reliance Group, is India’s leading private sector power generation and coal resources company. The company has the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy.

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Indain Stock Market Today | विदेशी निवेशकों ने सितंबर में 7714 करोड़ रुपए की खरीदारी की

दो महीने तक बिकवाली करने के बाद भारतीय बाजार पर भरोसा बढ़ा

पिछले एक महीने में सरकार के कदमों से शेयर बाजार में खरीदारी बढ़ी

बजट के बाद लगातार दो महीनों तक बिकवाली करने के बाद विदेशी पोर्टफोलियो निवेशकों (एफपीआई) ने सितंबर में भारतीय पूंजी बाजार में 7,714 करोड़ रुपए लगाए। सरकार के आर्थिक सुधारों और बजट में एफपीआई पर लगाए गए कर सरचार्ज को वापस लेने के ऐलान के बाद विदेशी निवेश बढ़ा है। आने वाले समय में इसमें और तेजी आने की उम्मीद है।

पिछले दो माह से लगातार हो रही थी निकासी

डिपॉजिटरी के अनुसार एफपीआई ने तीन से 27 सितंबर के बीच शेयर बाजार में 7,849.89 करोड़ रुपए निवेश किए। जबकि बॉन्ड बाजार से 135.59 करोड़ रुपए की निकासी की। इस तरह घरेलू पूंजी बाजार में उनका शुद्ध निवेश 7,714.30 करोड़ रुपए रहा। पूंजी बाजार में शेयर बाजार, बॉन्ड बाजार और डेरिवेटिव में किया गया निवेश शामिल होता है। इससे पिछले महीने अगस्त में एफपीआई ने भारतीय पूंजी बाजार से 5,920.02 करोड़ रुपए और जुलाई में 2,985.88 करोड़ रुपए निकाले थे।

सरकार ने इस महीने कैपिटल गेन पर बढ़ा सरचार्ज हटाया

सरकार ने इस महीने 20 सितंबर को कॉरपोरेट टैक्स की दर में लगभग 10% की कटौती की थी। साथ ही एफपीआई को किसी प्रतिभूति, डेरिवेटिव की बिक्री पर हुए पूंजीगत लाभ पर बढ़े टैक्स सरचार्ज को भी खत्म कर दिया था। इसके अलावा पूंजी बाजार नियामक सेबी ने भी एफपीआई के लिए अपने ग्राहक को जानो (केवाईसी) के नियम सरल किए हैं। उन्हें सिक्युरिटी मार्केट में लेनदेन की भी अनुमति दे दी है।

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Indian Stock Market Today | Reliance Capital, Kajaria Ceramics and Cox & Kings to see some action today

Reliance Capital has concluded a transaction with Nippon Life Insurance Company of Japan to sell its stake in Reliance Nippon Life Asset Management (RNAM). The company has received proceeds of around Rs 5,500 crore ($785 million) through sale of its shareholding to Nippon Life Insurance Company and through offers for sale.

Kajaria Ceramics’ wholly-owned subsidiary -- Kajaria Tiles (Formerly known as Kajaria Floera Ceramics) (KTPL) has started the commercial production of tiles on September 29, 2019 at its manufacturing facility situated at Industrial Park, Thatiparthi (V), Thottambedu (M). The capacity of the said manufacturing facility of KTPL will be 5 MSM tiles per annum.

Cox & Kings has signed a term sheet with Ebix Software India, whereby the corporate clients (formerly serviced & prospective) of the Business Travel Unit of the Company are to be introduced to Ebix. Due to the termination of the IATA license for Air ticket issuances, the Business Travel Unit of the Company could not service its corporate clients.

Ecoboard Industries has launched new products of the company. The company is expanding its Product Segment and has launched 7 new products, a range of advanced and customised solution products on September 27, 2019 at the Product expo.

Seamec has completed deployment of Dry Dock of Vessel ‘Seamec Princess’. The company has entered into a BIMCO Charter Party with Posh Subsea for charter hire of the vessel for working in Mumbai High Offshore. The tenure of the contract is for firm period of 15 days with option of extension. The charter is likely to commence around 2nd week of October, 2019. The value of charter during firm period is $1 million.

Mahindra & Mahindra’s (M&M) has launched customer-centric offers in the Andhra Pradesh (AP) and Telangana markets ahead of the festive season. The offers include financial and special deals which would allow prospective customers to become proud owners of Mahindra vehicles.

Mphasis has inaugurated a new facility in Hyderabad as part of a plan to expand its footprint in the city. The new centre would help build on the work the company does across verticals and a wide spectrum of 'next-gen' technologies.

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