Equity99

2024-03-20 10:09:46 Ready to Open Lower Circuit Open / Comment

2024-03-20 09:44:41 Ready To Open Lower Circuit Again

Rudra global taken support from strong support area

Look at daily chart of RUDRA GLOBAL. Stock has taken support near 40 level which is strong support zone.

Now stock has resistance near 48 level cross will take 56/60 levels

Down side support exists near 40/35 levels Open / Comment

2024-03-20 09:32:11 Check Announcement Open / Comment

2024-03-20 09:31:55 Important & Latest announcement

Rudra Global Infra Products Ltd... Open / Comment

2024-03-20 09:17:33 Rudra Global Infra Products manufactures TMT bars and its products conform to international standards and caters to L&T, RIL, Adani, NHAI, etc. It plans to shift to green energy for which it will invest Rs.100 cr. for 20MW power in Phase-1. Open / Comment

2024-03-20 07:25:43 *News Headlines from Business News Agencies:*

*Business Standard*

Vodafone Idea to meet institutional investors in Singapore, Mumbai
India buying more oil from US as fresh sanctions stifle Russian flows
Bankrupt airline Go First's bidder ups bid following nudge from banks
Corporate real estate sentiment highest since April-June 2022: Report
Ayodhya on track to become world's biggest spiritual destination: IHCL CEO
Lenovo Legion series, powered by Intel AI chips, launched in India
Grasim Industries secures Rs 1,250 cr from International Finance Corp
CAE signs deal with Akasa Air to train budget carrier's B737 Max pilots
Better growth supports the case for small-caps in Asia: Jefferies
Sun Pharma gets approval to sell acne treatment cream Winlevi in Australia
ASK Hedge Solutions aims to raise Rs 3,000 cr in maiden long-short NFO
Income Tax department recovers Rs 73,500 cr in pending dues for FY24

*Economic Times*

Snowflake partners with Nvidia to launch full-stack AI platform
Audi to drive in over 20 new models by 2025-end: CEO Gernot Dollner
B Capital closes second Opportunities fund at $750 million
IPO-bound Reddit discloses patent infringement complaint from Nokia
Central banks use AI to assess climate-related risks
Ant Group reshuffle: Han Xinyi appointed new president in biggest restructuring
Tata Motors opens fifth registered vehicle scrapping facility
Non-basmati rice prices down 10% in a month
REC board Okays third interim dividend of Rs 3.5 per share
Avaada Inclean inks pact with DVC to supply electricity in Gujarat
Indian rupee weakens past 83/USD, touches lowest level in a month

*Mint*

Nvidia's Blackwell GPU may reach Indian shores as early as October
Grasim raises ₹1,250 crore from IFC through sustainability-linked NCDs
Citibank to launch digital payments product Spring in India in Q2
Sebi-mandated stress tests on small, midcaps serve a purpose despite limitations
L&T Finance declares fund raise not exceeding ₹1.01 lakh crore via NCD
Hotel industry market cap tripled since 2019; Jefferies sees momentum continuing
GST council postpones review of 28% levy on online gaming
Deloitte plans restructure to cut costs, may cut down biz units, says report
Nvidia launches AI-powered playground for building the future of 6G
Kumar Venkatasubramanian to take take over as P&G India CEO
Microsoft ties up with NVIDIA to drive healthcare innovation
Tata steel to raise Rs 2700 crore via NCDs on private placement basis Open / Comment

2024-03-20 05:59:27 Morning Alert..
*Inflation still high and focus on minimising risk, says RBI report*
With retail inflation gaining momentum in February, the monetary policy must remain in a risk-minimising mode to guide the trajectory towards the 4 per cent target, stated the Reserve Bank of India's State of the Economy report. It also underscored an upward trend in per capita income, citing data from the Household Consumption Expenditure Survey. The report noted that the recurring incidence of short-amplitude food price pressures is hindering a more rapid decline in headline inflation towards the 4 per cent target. “Inflation is on the ebb; the steady decline in core inflation would have taken down headline inflation towards the target of 4 per cent even sooner and faster, but for the repetitive incidence of short amplitude food price pressures,” stated the report, which is authored by RBI staffers, including Deputy Governor M D Patra. The views of the report do not reflect the views of the central bank. “The CPI readings for January and February 2024 show that the winter easing of vegetable prices turned out to be shallow and short-lived. Cereal prices maintained strong momentum, and prices of meat and fish have registered a surge,” it said.

*Global market action*
Dow Jones – Up by 0.92% or 357.14 points
FTSE – Up by 0.20% or 15.75 points
CAC – Up by 0.65% or 52.91 points
DAX – Up by 0.31% or 54.81 points
Gift Nifty – Up by 0.31% or 67.00 points

*FII/DII activities*
FII – Bought 1421.48 Cr worth of shares
DII – Bought 7449.48 Cr worth of shares.

*Primary market activities*
P&G Health Ltd – 96.3%
Route Mobile Ltd – 93.7%
Timken India Ltd – 93.4%
Blue Dart Express Ltd – 93.2%
Go Fashion (India) Ltd – 90%

*Primary market activities*
IPO opening today
Omfurn India Ltd (NSE SME) – Issue size 27Cr

Listing today
AVP Infracon Ltd (NSE SME) – Subscribed 21.45x

*Commodities updates*
Gold – Rs 67430/10gm, Silver – Rs 75295/kg, Brcrude – Rs 6883/barrel, Copper – Rs 756.55/kg.

*Corporate News*
HDFC Bank raises Rs 2,910 cr via infrastructure bonds for funding projects.

ATC opts to convert Rs 1,440 crore Voda Idea debt bonds into equity.

SC asks Ramdev, Balkrishna to appear personally in misleading ads case. Open / Comment

2024-03-19 11:16:20 Big Announcement by the Management
AARTECH SOLONIC Open / Comment

2024-03-19 11:15:38 Open / Comment

2024-03-19 10:44:26 https://www.bseindia.com/corporates/anndet_new.aspx?newsid=9ab2354a-5ee8-4ba9-ae9c-43b85960f53b Open / Comment