Profit Booker

2021-12-18 13:27:59 INSIDER NEWS

BANK NIFTY 38500+ before 31 Dec

Nifty 17500+ before 31 Dec Open / Comment

2021-12-17 15:22:41 Open / Comment

2021-12-17 15:21:53 We haven't provide intraday calls this week because we know market was unpredictable and highly volatile ..
Our stoplosses may trigger in that market ..

So , from Monday be ready to get good intraday calls Open / Comment

2021-12-17 07:12:30 Insider News Today

1) Bharat Electronics & HAL: Bharat Electronics has received an order worth Rs 2,400 crore from Hindustan Aeronautics (HAL). The order is for the manufacture and supply of 20 types of airborne electronic systems to be fitted on the fighter aircraft.

2) Reliance Industries: Competition Commission of India (CCI) has approved the acquisition of a shareholding in Sterling and Wilson Renewable Energy Limited by Reliance New Energy Solar Limited.

3) Union Bank of India: Life Insurance Corporation of India (LIC) acquired 2.01% stake in Union Bank of India via open market transactions. LIC’s shareholding in the bank now stands at 5.16% from 3.15% earlier.

4) Engineers India: Engineers India has signed a Memorandum of Agreement (MoA) with Institute of Chemical Technology (ICT) for joint development of technology for large scale cultivation of algae and extraction of value-added products.

5) Coal India: Coal India is planning to boost coal stock at thermal power plants to over 45 million tonnes (MT) from its own sources by the end of the ongoing fiscal.

6) Mahindra & Mahindra: Mahindra Electric Mobility launched its passenger electric three-wheeler Treo in Maharashtra, priced at Rs 2.09 Lakh (ex-showroom, Mumbai). Mahindra Electric Mobility is the electric vehicle arm of the Mahindra Group.

7) Tata Motors: Tata Motors’ bus brand Starbus has crossed the 1 lakh units cumulative sales milestone.

8) Jindal Stainless: Jindal Stainless announced the launch of hot rolled stainless steel chequered sheet with the brand name ‘Jindal Infinity’ at the International Railway Equipment Exhibition 2021. The company is targeting Rs 500 crore sales from chequered steel.

9) Gujarat Flurochemicals: Fire broke out at one of the multi-product plants at Gujarat Fluorochemicals‘ Ranjitnagar site in Gujarat.

10) Yes Bank: The board of Yes Bank will meet on 21 December to consider fundraise via issue of equity shares, depository receipts or other modes. Open / Comment

2021-12-16 06:37:43 Insider News Today

1) Adani Ports & Adani Transmission: Adani Ports has signed a share purchase agreement with Adani Transmission for divestment of 100% equity stake of MPSEZ Utilities. Both the parties in the transaction belong to the common promoter Adani group. Adani Transmission will buy MPSEZ for Rs 116.27 crore.

2) Vodafone Idea: Vodafone Idea is reportedly targeting a four-fold jump in annual capital expenditure to $2 billion. The management of Vi expects this move to make the company more competitive in the telecom industry.

3) Wipro: Wipro will acquire LeanSwift Solutions for $21 million in an all-cash deal. The deal is expected to be completed by March 2022.

4) ICICI Bank & PNB: The RBI imposed a monetary penalty of Rs 30 lakh on ICICI Bank. This was for violation of rules related to ‘levy of penal charges on non-maintenance of minimum balances in savings bank accounts’.
The RBI also imposed a penalty of Rs 1.8 crore on PNB. This penalty was related to the bank’s shareholding in borrower companies, as pledgee, of an amount exceeding 30% of paid-up share capital of those companies.

5) Sun Pharma: Sun Pharma’s US subsidiary has received final approval from the USFDA for generic Amphotericin B Liposome injection. It is intended to be used in treatment of fungal infections.

6) Tata Steel: India Ratings and Research (Ind-Ra) has upgraded Tata Steel‘s long-term issuer rating to ‘AA+’ from ‘AA’.

7) TVS Motor Company: The auto companies and BMW Motorrad have expanded their partnership to include joint development of new platforms and future technologies.

8) Cipla: Cipla has signed a pact to acquire a 33% stake in renewable energy firm Clean Max Auriga Power LLP for up to Rs 6 crore.

9) Tata Motors & Bandhan Bank: Tata Motors has tied up with Bandhan Bank for retail finance for its range of passenger vehicles.

10) Indigo & Kotak Mahindra Bank: IndiGo airlines has launched a co-branded credit card in partnership with Kotak Mahindra Bank.

11) Power Grid: The company has approved an interim dividend of Rs 7 per share. Open / Comment

2021-12-16 05:53:08 MARKET PREDICTION

Gap up opening today

Closing can be positive with very good points.

Banks can lead from the front.

BNF can outperform today. Open / Comment

2021-12-15 06:49:47 Insider News Today

1) Infosys: Infosys has been selected by Orion Corporation to transform its ERP and Planning platforms, enhance employee experience, and drive business value realisation.

2) Can Fin Homes: Can Fin Homes declared an ‘Interim Dividend’ of Rs.1.50 per equity share. Friday, December 24, 2021, has been fixed as the ‘Record Date’.

3) Axis Bank: Axis Bank clarified that there are no conversations around a deal with Spandana Sphoorty at present. In other news, the bank mentioned that it will not be seeking an extension of timelines for meeting financial parameters on loans recast under the Kamath committee framework because of the pandemic-related stress.

4) Bharti Airtel: Bharti Airtel is collaborating with Capgemini to bring 5G based enterprise grade solutions in India.

5) Vedanta: Vedanta Aluminium has set a target of achieving a 24% reduction in GHG (Greenhouse Gas) emissions intensity by FY25, Vedanta mentioned.

6) Adani Green: Adani Green has signed a power purchase agreement with Solar Energy Corp of India to supply 4.66 gigawatts of renewable power.

7) SBI: SBI has raised Rs 3,974 crore by issuing Basel III compliant bonds to subscribers.

8) Natco Pharma: Natco Pharma has approved a proposal to acquire US-based Dash Pharmaceuticals LLC for a cash consideration of $18 million.

9) Zomato: Zomato announced that ex-Unilever executive Anjalli Ravi Kumar will be joining the company as Chief Sustainability Officer. Nitin Savara, earlier a Partner at EY, will join as Deputy Chief Financial Officer. Open / Comment

2021-12-15 06:10:27 MARKET PREDICTION

Flat Negative Opening Expected Today.

Closing can be positive. Open / Comment

2021-12-14 18:54:33 ITC - Vicky Open / Comment

2021-12-14 12:32:46 BUY CALL OPTION

BTSTT

NIFTY 16 DEC 17300 CE

BUY - @95 CMP

TARGET - 130 / 150 / 170 +

SL - 75

ONLY FOR RISKY TRADERS Open / Comment