Skip to main content

Stock Market Update - Yellow metal dips, Dishman Carbogen Amcis Gains

Dishman Carbogen Amcis Gains The Most In Three Weeks Shares of Dishman Carbogen Amcis rose as much as 6.7 percent, the most since Nov. 25, to Rs 128.60. The stock declined 44 percent in the past 12 months compared to a 14 percent gain in the Sensex, The stock traded at 8.9 times its estimated earnings per share for the coming year, according to Bloomberg data.

Global Markets Update: Europe Stocks Gain Along With U.S. Futures Stocks in Europe and U.S. equity futures started the week on the front foot amid hopes of a partial trade deal between America and China eases a key risk for investors headed into year-end.

Closing Bell--  The benchmark S&P BSE Sensex settled 71 points, or 0.17 percent, lower at 40,938.72 level. The losses seen at metal and FMCG counters were trimmed by gains in the information technology (IT) stocks. 

-- On the NSE, the broader Nifty50 index held the 12,000-mark, at 12,053.95 level, down 33 points or 0.27 percent. 

Gold price today: Yellow metal dips as trade war worries ease
Experts say both the precious metals are likely to remain volatile during the week amid trade-war developments.


India February Gold futures dipped on December 16 after the United States and China reached an interim deal in a trade dispute festering for 17 months.

“The ‘phase one’ trade agreement was announced on Friday and on Sunday US Trade Representative Robert Lighthizer said US exports to China will nearly double over the next two years though officials are yet to decide a date to sign the agreement,” a Reuters report said.

Gold and silver prices remained volatile amid the first phase of the US and China trade deal and thumping victory for Boris Johnson in the UK parliamentary election.

Astron Paper & Board Mill enters into a strategic partnership agreement with China-based co: BSE filing
-- The Company has entered into a "Strategic Partnership Agreement" with SHANDONG ZHONGHUI SUPPLY CHAIN MANAGEMENT CO LTD, (ABC Paper), China.

-- The agreement will be executed for the period of three years i.e up to 31st December 2022.

-- The ABC PAPER will transfer technical knowledge and experience for the upgrade of the plant

Stock Market | Market News | Gold | Bank Nifty
Labels:

Comments

  1. Dariya14 March 2020 at 18:41

    nice information thanks for sharing valuable content with us we also provide great information related to your blog feel free to visit our Forex market

    ReplyDelete
  2. Ady12 August 2020 at 16:36

    Thanks for sharing valuable information.
    Indian Bank
    IDFC First Bank Ltd
    Union Bank of India Ltd
    Stock Investor

    ReplyDelete

Post a Comment

Popular posts from this blog

Stock Market News - Budget 2020 | Removal of exemptions in new tex regime to impact life insurers, MFs

A salaried professional opting for a lower rate of tax under the new regime will not be eligible for deductions, including insurance premium paid and ELSS investments. Removal of tax exemptions under Section 80C in the new tax regime could be a dampener for life insurance products as well as equity-linked savings schemes (ELSS) of mutual funds. In her Budget speech on February 1, Finance Minister Nirmala Sitharaman said a salaried professional opting for a lower tax rate under the new regime will not be eligible for deductions, including insurance premium paid and ELSS investments. “The removal of 80C benefit may pose a risk to new business volumes of life insurance companies,” said Kotak Institutional Equities in a report. Life insurance Tax exemptions are an important incentive for purchase of life insurance. To be eligible for exemption under Section 80C, the sum assured has to be 10 times the annual premium. This is part of the Rs 1.5 lakh limit under ...
13 comments
Read more

Stock Market News - FDC share price at 52-week high on GMP certificate from UK health regulator

The certificate came after a recent inspection of the company's facilities in Goa. FDC  share price touched a 52-week high of Rs 222, rising more than 5 percent in the morning trade on January 3 after the company received the good manufacturing practice (GMP) certificate from the UK's health regulator. The UK's Medicines and Healthcare Products Regulatory Agency also continued with its approved status for the company's two facilities in Verna, Goa. The GMP certificate was issued after a recent inspection of the two plants. At 1018 hours, FDC was quoting at Rs 218.00, up Rs 7.30, or 3.46 percent. The share price has risen 30 percent in the last three months. GNFC share price down 2% after DoT seeks Rs 15K cr in telecom dues DoT sent the company a demand notice for Rs 15,019 crore, taking to Rs 3.13 lakh crore the amount it has sought from non-telecom companies following a Supreme Court ruling. The share price of  Gujarat Narmada Valley Fertili...
3 comments
Read more

Budget 2019 : LTCG Tax, GST, Home Loans, farmer income scheme needs to be focus

Budget 2018 was the last full-fledged budget presented by the government led by Narendra Modi. Long Term Capital Gains (LTCG) tax on profit earned from the sale of equity shares listed on a recognized stock exchange in India. The LTCG tax was re-introduced after a time gap of 14 years. The provisions were closely followed since they impacted the majority of taxpayers of the country. The tax was levied at the rate of 10 per cent (plus applicable surcharge and cess) while providing relief from gains accrued up to January 31, 2018, i.e., a mechanism was derived wherein the stock price as on 31 January 2018 was considered as the deemed cost, provided it is beneficial to the taxpayer. Following are some of the illustrative points: Treatment of compulsorily convertible instruments – The current provisions do not provide clarity on the cost to be adopted for the purpose of computation of capital gains in case of instruments that are compulsorily converted into equity sh...
1 comment
Read more