MID NIGHT NEWS – 17TH NOV 2017

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 Midnight News Update – Nov 17th 2017   Geoffrey Dennis of UBS has come out with one of the bearish outlook for Indian equity markets with estimates of a 20% correction to necessitate buying interest in stocks. According to Dennis, the Indian...

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Research report on J.B. Chemicals & Pharmaceuticals Ltd.

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Investment Rationale The domestic formulations business, the second largest contributor to the consolidated revenues (36% of total sales), continued to register impressive performance with a CAGR of 12% over FY13-17 on the back of company’s strategy...

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Mid Night News – 16th Nov 2017

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 Midnight News Update – Nov 16th 2017   The Ministry of Petroleum decided to advance the date of BS-VI compliance for auto vehicles in the Delhi and NCT region from April 2020 to April 2018. This will mean that the oil marketing companies...

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Mid Night News – 15th Nov 2017

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 Midnight News Update – Nov 15th 2017   After a gap of nearly 13 months, exports growth fell -1.1% to $23.1 billion for the month of October. The sharp fall in exports was an outcome of the confusions over GST credits for exporters. The...

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Delivery Picks Newsletter

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Hero Honda (3655) :  Buy SL below 3620 on the close; targets 3710 and 3755. If it moves above 3755 and sustains there then use a trailing stop of 3750 on the close and continue to hold on. The rationale is very simple for the last 3 days, it tested...

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Mid Night News – 14th Nov 2017

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Midnight News Update – Nov 14th 2017   Retail inflation measured by CPI inflation touched a 7-month high of 3.58%, largely led by a sharp spike in vegetables inflation to 7.47%. Pulses inflation continues to be at -23% and the weak prices...

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Big News for the week ending 10th November 2017

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An Year after Demo Truth is that the positives outweigh the negatives of demonetization On November 09th, India completed a full one year since demonetization was implemented. While the ostensible reason for demonetization was the eradication of black...

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Mid Night News – 13th Nov 2017

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 Midnight News Update – Nov 13th 2017   In the aftermath of stringent SEBI regulations pertaining to P-Notes, the total value of P-Notes fell to an 8-year low of Rs.123,000 crore. P-Notes are a means for foreign investors to indirectly participate...

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