Nifty Analysis for tomorrow: September 2021

WhatsApp adds Rupee symbol in chat composer to ease sending payments

Speaking at the Global FinTech Festival (GFF) 2021, WhatsApp India Director Payments Manesh Mahatme said the company believes that true inclusion is when customers don#39;t have to navigate their way through their phone to make a payment.

WhatsApp adds Rupee symbol in chat composer to ease sending payments

Gold prices decline 3.43% in September to Rs 45,851/10 gm; silver crashes Rs 1,734 a kg

The broader range on COMEX could be between $1700- 1750 and on the domestic front, prices could hover in the range of Rs 45,700-46,235, said Damani.

US unemployment claims rise third straight week to 362,000

The numbers, which are a proxy for layoffs, remain elevated: Before the pandemic hit the United States hard in March 2020, they were typically coming in at around 220,000 a week.

Eight core sectors#39; output grows 11.6% in August

The eight core industries -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).

From new pension rule to auto-debit facility, here are the key changes that will take effect from October 1

Hereâ€™s a list of major changes that will come into force from October 1.

Retail inflation for industrial workers eases to 4.79% in August

The All-India CPI-IW (consumer price index-industrial workers) for August 2021 increased by 0.1 point and stood at 123 points.

Retail inflation for industrial workers eases to 4.79% in August

The All-India CPI-IW (consumer price index-industrial workers) for August 2021 increased by 0.1 point and stood at 123 points.

CESL invites state transport corporations to adopt 3,472 electric buses

The cities to be covered under this are Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat, and Pune

Natural gas recovers after sharp selloff on September 29, gains over 30% this month

It has delivered a return of 127.68 percent so far in 2021 in the domestic bourse making it the top-performing asset across all classes.

Natural gas recovers after sharp selloff on September 29, soars over 30% in a month

It has delivered a return of 127.68 percent so far in 2021 in the domestic bourse making it the top-performing asset across all classes.

Natural gas recovers after sharp selloff on September 29, soars over 30% in a month

It has delivered a return of 127.68 percent so far in 2021 in the domestic bourse making it the top-performing asset across all classes.

Maruti Suzuki launches virtual car assistant S-Assist#39; for Nexa customers

Available at free of cost to customers of the company#39;s cars sold through its premium outlet NEXA chain, the S-Assist provides multi-media content like do-it-yourself videos, digital literature, and workshop assistance on smartphones.

Maruti Suzuki launches virtual car assistant S-Assist#39; for Nexa customers

Silver price breaches Rs 58,500/kg as dollar slips; support seen at Rs 57,000 level

Technically if LBMA Silver continues below $22.00 level the markets could continue its downside momentum up to $21.20-$20.50 levels, while resistance is at $21.80-$22.10 levels, said Iyer.

MG Motor to nearly double factory capacity; lines up Astor SUV and new EV

The expansion of the Halol plantâ€™s capacity will, however, depend on the availability of semiconductors. The chip shortage has hit the entire industryâ€™s production and MG Motor has a wait time of 3-4 months for its models

MG Motor to nearly double factory capacity; lines up Astor SUV and new EV

CRISIL elevates Amish Mehta as MD CEO; to take charge from October 1

Amish Mehta has more than two decades of leadership experience across industries and joined CRISIL in October 2014 as President and Chief Financial Officer.

Stocks rise modestly on Wall Street a day after rout

Investors are still closely watching the Federal Reserve to gauge how the slowdown in economic growth will impact the speed of its plan to eventually ease its exceptional support for the economy.

Stocks rise modestly on Wall Street a day after rout

Investors are still closely watching the Federal Reserve to gauge how the slowdown in economic growth will impact the speed of its plan to eventually ease its exceptional support for the economy.

IndusInd Bank acquires 4.79% stake in McLeod Russel by invoking pledged shares

The acquisition of 50 lakh shares represents 4.79 percent of the paid-up equity share capital of McLeod Russel.

Sebi penalises trading member in NSE co-location case

The Securities and Exchange Board of India (Sebi), had received multiple complaints pertaining to allegations of malpractices with respect to the co-location facility being provided by the National Stock Exchange of India Limited (NSE).

PM Modi reviews projects worth Rs 50,000 crore at #39;Pragati#39; meeting

#39;Pragati#39; is an ICT-based multi-modal platform for pro-active governance and a timely implementation of projects, involving the Centre and the state governments.

Evergrande set to miss second offshore bond coupon payment this month

The company, which has nearly $20 billion in offshore debt, was due on Wednesday to make a $47.5 million bond interest payment on its 9.5% March 2024 dollar bond.

Birla Corp plans to double cement capacity to 30 million tons in 5 years

Birla Corporation has a current production capacity is 15.6 mt and is expected to go up to almost 20 MTPA by the end of the current fiscal year, when its greenfield 3.9 MTPA plant at Mukutban, near Nagpur, is commissioned.

NTPC gets shareholders#39; nod to raise up to Rs 18,000 crore via bonds

All resolutions listed in its annual general meeting (AGM) held on September 28 were passed with requisite majority, NTPC said in a BSE filing.

India#39;s external debt rises 2.1% to $570 billion

External debt to GDP ratio rose marginally to 21.1 percent from 20.6 percent as at end-March 2020.

India#39;s external debt rises 2.1% to $570 billion

External debt to GDP ratio rose marginally to 21.1 percent from 20.6 percent as at end-March 2020.

Gold snaps 5-day losing streak, up Rs 281 on positive global cues, weaker rupee; silver nears Rs 60,000/kg

The broader range on COMEX could be between $1,725-1,760 and on the domestic front, prices could hover in the range of Rs 45,750-46,370, said Damani.

Silver prices slip near to Rs 60,000/kg on firm dollar, volatility in gold and industrial metals

Technically, if MCX Silver December continues to trade below Rs 60,300 level we could see the Bearish momentum continue up to Rs 59,900-59,000 levels whereas resistance is at Rs 60,800-61,200 levels, said Iyer.

Introduction of Silver ETFs brings in another investible commodity for investors: Experts

Like in the case of gold exchange-traded funds, silver ETFs too will pass on the benefits of price efficiency, liquidity and convenience to retail investors, Chirag Mehta, senior fund manager - Alternative investment - at Quantum Mutual Fund, said.

Introduction of Silver ETFs brings in another investible commodity for investors: Experts

SEBI restrains 2 Infosys, Wipro employees from securities market

The market regulator has also directed impounding of illegal proceeds of Rs 2.62 crore, according to a SEBI order dated September 27.

GST levy on annuity payments of BOT-HAM projects to have limited impact on project cash flows: ICRA

For projects bid between July 1, 2017, and October 13, 2017, NHAI would not reimburse the GST on annuity under the change in law as bids were invited inclusive of GST, it said.

GST levy on annuity payments of BOT-HAM projects to have limited impact on project cash flows: ICRA

For projects bid between July 1, 2017, and October 13, 2017, NHAI would not reimburse the GST on annuity under the change in law as bids were invited inclusive of GST, it said.

Veeda Clinical Research files DRHP for Rs 831.6 crore IPO

The company intends to utilise the proceeds to repay debt, fund capital expenditure, invest in/fund further acquisitions by subsidiary Bioneeds and fund working capital requirements

Veeda Clinical Research files DRHP for Rs 831.6 crore IPO

The company intends to utilise the proceeds to repay debt, fund capital expenditure, invest in/fund further acquisitions by subsidiary Bioneeds and fund working capital requirements

Natural gas futures rise for 6th day on supply concerns; choppy cues expected

The prices were supported by the forecast of warm weather for the next two weeks which could boost cooling demand.

Larsen Toubro to participate in Dubai Expo 2020

LT plans to demonstrate its capabilities particularly in the hydrocarbon engineering, water effluent treatment and power transmission and distribution businesses.

Exclusive | SoftBank in talks to back GlobalBees at $500m valuation

The Japanese tech investor is leading a $100 million round in GlobalBees. The latter had raised $150 million in â€˜seedâ€™ equity and debt funding in July from SoftBank, PremjiInvest, Chiratae Ventures, ChrysCapital and Lightspeed India

COVID-19 outbreak prompts Harvard Business School to move classes online

As of Sept. 22, 95% of students and 96% of employees at Harvard are fully vaccinated, according to data from the university.

Myntra expects 5.5 million customers to shop during upcoming Big Fashion Festival

"Myntra is expecting about 5.5 million unique customers during its upcoming Big Fashion Festival, with about 1.8X increase in traffic over the previous edition. This edition of the mega fashion event is expected to see a massive uptick in demand, at 4X over BAU and 1.6X over the last festive season, with about 40 per cent contribution coming from tier II-III markets," a statement said.