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So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.

22 Dec 2016

STOCK MARKET-- Overnight TIPS- Stocks to look out for on December 22 (+MORE)

The stocks which could witness significant movement on December 22 are Kirloskar Ferrous Industries, Bharti Airtel, Jeevan Scientific Technology, Titan Company/ PC Jewellers/ Gitanjali Gems and RBL Bank.
Kirloskar Ferrous Industries: Kirloskar Ferrous Industries has updated on investment in S. L. Kirloskar CSR Foundation, a Section 8 company.
Bharti Airtel: Bharti Airtel has deployed V-Fibre in Mumbai to provide upto 100 Mbps internet speed. The share price of the company will be in focus on Thursday.
Jeevan Scientific Technology: Jeevan Scientific Technology’s Clinical Pharmacology Centre  to conduct Bioavailability/Bioequivalence studies, which have been approved by Office of Drug Control General, India (DCGI) for a period of three years.

Titan Company/ PC Jewellers/ Gitanjali Gems: Government may cut gold import duty to 6 per cent from 10 per cent. Titan Company, PC Jewellers and Gitanjali Gems will be watched out on Thursday.
RBL Bank: RBL Bank has reduced the marginal cost of funds based lending rates (MCLR) by 0.30 to 0.45 per cent across different tenures. The reduced MCLR rates will be applicable from December 22.
By Lohit B 

Top of Form

Big momma's baby to hit the scene: SBI Life Insurance listing coming soon
SBI Life Insurance could list soon on the national bourses. According to certain media reports, SBI may finalise the deal in the next 12-18 months. State Bank of India earlier this year had announced that the bank's board had approved sale of 3.9 percent stake in SBI Life Insurance Company at a price of Rs 460 per share, subject to all regulatory approvals.
SBI holds a total stake of 74 per cent in SBI Life Insurance.  Upon completion of the transaction, SBI will hold 70.1 per cent stake in SBI Life while its joint venture partner, BNP Paribas Cardif will continue to hold 26 per cent.
The stock of SBI on December 21 closed at Rs 255.15, up by 0.24 per cent. Since demonetisation the stock has increased by one per cent. Meanwhile the markets on December 21 closed at 26242.38, down by 65.60 points. Nifty on the other hand closed at 8,061.30, down by 21.10 points.

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