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Market Live: Sensex, Nifty under pressure; Amber Enterprises jumps 46%

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Moneycontrol News

12:25 pm New Listing Update: Amber Enterprises India shares extended rally in afternoon, rising 46 percent or Rs 395 to Rs 1,253.45 compared to issue price of Rs 859 on the BSE.

The stock gained 6.22 percent compared to opening price of Rs 1,180.

12:15 pm Poll: Cholamandalam Investment and Finance Company is expected to report healthy 43 percent growth year-on-year in net profit at Rs 232 crore for October-December quarter.
Profit reported at Rs 162.5 crore in Q3FY17.

Net interest income during the quarter is seen rising 24.8 percent to Rs 761.3 crore, from Rs 609.9 crore in year-ago, according to average of estimates of analysts polled by CNBC-TV18.

Analysts said if assets under management growth come around 15 percent (against 12.9 percent in Q2FY18), net interest margin above 9 percent (9.6 percent in Q2) and gross non-performing assets improve (from 4.46 percent in Q2) then that would be considered positively by the Street.

12:06 pm Buzzing: Shares of Ester Industries locked at 10 percent upper circuit as the company has entered into agreement with Shaw industries group USA, a wholly owned subsidiary of Berkshire Hathaway.

There were pending buy orders of 263,128 shares, with no sellers available.

“The total size of this single order is estimated to be around Rs 900 million per year which is more than double the company’s FY2017 speciality polymer revenues which amounted to Rs 430 million,” said company.

The agreement is open ended with the first purchase order received and shipment slated to commence in February 2018.

Here are the top headlines at 12 pm from Moneycontrol News’ Anchal Pathak

11:55 am Market Update: Benchmark indices remained under selling pressure in late morning deals as the Sensex was down 199.07 points at 36,084.18 and the Nifty fell 72.40 points to 11,058.

About three shares declined for every share rising on the BSE.

Reliance Communications was the biggest gainer among midcaps, rising 14 percent after Q3 earnings.

SBI gained 1 percent after hike in bulk deposit rates by 50-140 bps effective today.

11:50 am Earnings: Medical devices maker Opto Circuits has posted consolidated net profit at Rs 8.4 crore for quarter ended December 2017, against loss of Rs 35.1 crore in year-ago.

It was because of low base as company had an exceptional loss of Rs 45.2 crore in Q3FY17, but overall numbers were bad.

Revenue from operations fell 11.1 percent year-on-year to Rs 58.7 crore while operating profit declined 29.1 percent to Rs 12.8 crore and margin contracted to 21.8 percent from 27.3 percent YoY.

11:45 am Hike in Deposit Rates: Country’s largest lender State Bank of India has hiked bulk deposit rates by 50-140 basis points effective today.

“We have aligned bulk deposit rates with retail deposit rates and the hike will not impact cost of funds in significant manner,” PK Gupta, MD of SBI said in an interview to CNBC-TV18.

He further said there was enough liquidity in the market but surplus liquidity is not there.

Overall liquidity number is negative of Rs 10,000-15,000 crore, he added.

Gupta said corporate demand has still not picked up and credit growth is seen only in retail segment.

Bank’s term deposit rates are significantly lower to industry rates, he added.

11:30 am Management Speak: Strong earnings from Avenue Supermart had given wings to the entire retail sector.

Talking about the business outlook for the company and sector Lalit Agarwal, CMD, V-Mart Retail said there is need for organised and good retail and the demand seems have improved post GST.

The same store sales growth for the company in Q3 will be not too great but good because in the same quarter earlier year they had done well, said Agarwal and so they are not expecting any extraordinary growth. However, first two quarter had seen good growth, he added.

He said the industry is facing stiff challenge from online retail, so the brick and mortar players are also being tactical and are creating avenues for sale. So, there could be some pressure on margins but would get offset by volumes, said Agarwal.

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11:14 am Data feed: The Securities and Exchange Board of India (SEBI) is considering either directing stock exchanges to stop giving data feed services to entities trading on exchanges abroad or levy higher fees on the traders, according to a report in Mint.

According to the report, two sources say these options are a way of preventing the Indian derivatives business from going offshore.

SEBI did not respond to Mint’s request for a comment. BSE and National Stock Exchange (NSE) declined to comment.

Here are the top headlines at 11 am from Moneycontrol News’ Sakshi Batra

11:01 am Poll: Two and three-wheeler maker TVS Motor Company is set to announce its third quarter (October-December) earnings today. Analysts expect good earnings from the company, citing strong volume growth.

The stock, which touched a record high of Rs 794 on January 2 (2018), is in bull market of its own and rallied 35 percent in last 6 months.

Company’s profit during the quarter is expected to grow by 31 percent to Rs 174 crore compared to Rs 132.7 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

Revenue from operations is seen rising 20 percent to Rs 3,589 crore, compared to Rs 2,983.4 crore in corresponding quarter of last fiscal.

10:51 am Asia Update: Asian indexes traded lower, tracking declines seen on Wall Street in the previous session.

Tokyo’s benchmark Nikkei 225 index fell 1.33 percent while China’s Shanghai Composite was down 0.7 percent.

10:41 am Market Outlook: With the Union Budget 2018 just around the corner, the market has entered a ‘wait and watch’ mode, believes Ratnesh Kumar of BOBCAPS.

“Clearly there is a big event on the horizon… there is a wait and watch on earnings front as well,” Kumar, MD & CEO of BOBCAPS told CNBC-TV18 in an interview. Plus, the Street is slightly wary on long term capital gains (LTCG) tax. This could be counter-productive. But if the taxation does not come through, this will be a huge sigh of relief, he told channel.

Looking at the big picture, Kumar believes going forward growth recovery and repair of balance sheets could be a way to play the markets this year. But investors should be wary of risks from oil, among other things.

10:21 am Buzzing: Shares of MOIL rose more than 4 percent in morning as company to consider buyback of its equity shares.

The meeting of board of directors of the company will be held on February 05 to consider the proposal for buy back of the fully paid-up equity shares of the company.

10:15 am Market Update: Bears tightened their grip on Dalal Street in morning session as benchmark indices extended losses, with the Sensex falling around 250 points due to selling pressure in banking & financials, technology, FMCG and pharma stocks.

However, PSU Bank index bucked the trend, rising over a percent.

The 30-share BSE Sensex was down 247.81 points at 36,035.44 and the 50-share NSE Nifty fell 86.10 points to 11,044.30 while the Nifty Midcap index shed 0.8 percent.

About four shares declined for every share rising on the BSE.

Here are the top headlines at 10 am from Moneycontrol News’ Anchal Pathak

10:01 am Listing: Shares of market debutant, Amber Enterprises listed at Rs 1,175, a gain of 37 percent to the issue price of Rs 859 on the National Stock Exchange.

The stock gained around Rs 316 in the opening tick, making it a gain of 36.79 percent.

The appliance maker had a very successful initial public offering (IPO), registering a subscription of 165 times. It had sought to raise Rs 600 crore through the issue, which opened on January 17 with a price band of Rs 855-859 apiece.

The air conditioner manufacturer’s IPO received bids for 81.47 crore shares against an issue size of 49 .27 lakh, as per data available with the NSE website.

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9:57 am Poll: Indian Oil Corporation (IOC) will announce its December quarter earnings later today. Analysts expect refining business to be offset by poor marketing performance and GST to continue to weigh on downstream companies.

IOC is likely to report better results than other oil marketing companies on the back of higher refining profits.

Standalone profit after tax for the quarter gone by is expected to grow 41 percent to Rs 5,222 crore, from Rs 3,696 crore in previous quarter, according to average of estimates of analysts polled by CNBC-TV18.

Revenue from operations may grow 31 percent to Rs 1,18,419.4 crore in Q3FY18, compared to Rs 90,566.7 crore in Q2.

9:52 am Pre-Opening: Amber Enterprises India share price settled at Rs 1,175 in pre-opening trade on the National Stock Exchange, up 36.79 percent over issue price of Rs 859 per share.

9:50 am Market Update: Benchmark indices extended losses in morning, with the Sensex falling 181.15 points to 36,102.10 and the Nifty declining 73.10 points to 11,057.30.

About three shares declined for every share rising on the BSE.

9:45 am Unitech in Action: Sources told CNBC-TV18 that the government has withdrawn its takeover plea of Unitech from National Company Law Tribunal (NCLT) and will no longer pursue Unitech takeover bid in NCLT.

9:38 am Rupee Trade: The rupee weakened by 7 paise to trade at 63.66 against the US dollar in morning at the interbank foreign exchange today amid the dollar’s gains in global markets.

Forex dealers said increased month-end demand from banks and importers and a weak opening in the domestic equity markets weighed on the domestic unit.

Yesterday, the rupee had ended lower by 3 paise at 63.58, halting its three-day rally even as the Economic Survey printed a rosy picture of India’s macroeconomic outlook.

9:28 am Results: Laurus Labs posted 7.3 percent rise in net profit to Rs 35 crore in the third quarter ended December on account of lower offtake of hepatitis-C active pharmaceutical ingredients. The stock fell 5 percent.

Total revenues of the company dropped 6.5 percent to Rs 489 crore during the quarter.

The company’s EBITDA margins stood at 20.3 percent. On a sequential basis, the net profit was down 29 percent and revenues were up 10 percent.

9:21 am Earnings Expectations: FMCG company Godrej Consumer Products’ Q3 consolidated profit is seen rising 17.5 percent year-on-year to Rs 413.2 crore from Rs 351.8 crore.

Revenue from operations may grow by 10.5 percent to Rs 2,643.3 crore in quarter gone by, compared to Rs 2,391.6 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

Operating profit is expected to increase 13.7 percent year-on-year to Rs 587.5 crore from Rs 516.8 crore and margin may expand 60 basis points to 22.2 percent from 21.6 percent.

9:15 am Market Check: Benchmark indices reversed some previous day’s gains on Tuesday, driven by profit booking in technology, select private banks and index heavyweights ITC & Reliance Industries.

The 30-share BSE Sensex was down 82.24 points at 36,201.01 and the 50-share NSE Nifty fell 40.20 points to 11,090.20.

TCS, ICICI Bank, ITC, Reliance Industries, HDFC Bank, Infosys, L&T and Vedanta were early losers whereas Bajaj Auto, Hero Motocorp, Indiabulls Housing, GAIL, BPCL, NTPC and HPCL were gainers.

Ahead of earnings later today, TVS Motor Company and IOC gained half a percent while Godrej Consumer Products lost 0.6 percent.

Nifty Midcap lost another half a percent, in addition to 0.85 percent loss in previous session.

Wockhardt, KPIT Technologies, Emami and Laurus Labs declined 1-4 percent while MOIL, Ester Industries and Mahindra Logistics were down 3-10 percent.

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Made in Mexico Netflix

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made in mexico Netflix

In a milestone move, spilling administration goliath Netflix has revealed its first Mexican reality arrangement, set to bow worldwide on Sept. 28. The truth demonstrate “Made in Mexico” throws a light on Mexico City’s affluent families and their rich ways of life as it trails nine socialites and the expats competing for a spot in their tenuous condition.

The arrangement is created by Love Productions USA, the L.A.- based backup of the Sky-claimed generation organization, with Richard McKerrow, Kevin Bartel and Brandon Panaligan recorded as official makers and Lauren Volonakis and Matthew Moul as co-official makers.

Love USA has a large group of new arrangement with significant systems, link telecasters and OTT players including ABC, Netflix, Discovery Channel, and Nat Geo.

Portrayed as innovators in “one of the world’s most socially lively urban areas where family name is your bond and inheritance is everything,” the cast individuals include:

Netflix Show

· Pepe Díaz, a fruitful 35-year-old business visionary and dance club manager quick to shed his playboy past and begin another life.

· Kitzia Miter, a mold fashioner brought up in Mexico’s high society who goes about as the true mediator of taste and style and a guard who chooses who accesses this world.

· Liz Woodburn, an American sustenance blogger from New York who finds that she should re-scale the social step as she acclimates to her new home in Mexico City with her life partner.

· Columba Díaz, a high design demonstrate who is gotten in an adoration triangle, yet “needs simply to center around her profession and generosity work.”

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· Chantal Trujillo, an American expat who left an occupation at Vogue to take after the affection for her life to Mexico.

· Shanik Aspe, a TV character and previous bathing suit display with dreams of turning into a pop star.

· Roby Checa, the 31-year old brother by marriage to Kitzia and the awful kid of the Checa faction who attempts to locate a cheerful harmony between his inclination to gathering and demonstrate to his family that he can prevail in business.

· Hanna Jaff, a 30-year-old government official and altruist who runs the Jaff Foundation.

Netflix has been effectively delivering a consistently developing number of fiction arrangement in Mexico and in whatever remains of Latin America, beginning with “Club de Cuervos,” and most as of late in Colombia with “Distrito Salvaje.” The fourth period of its hit indicate “Narcos” was shot in Mexico, in the wake of spending its initial three seasons in Colombia.

Netflix is propelling its first Mexican reality Show and the show is hoping to catch a ton of dramatization among a portion of the nation’s affluent individuals from its high society.

Made in Mexico will take after the lives of nine of Mexico City’s rich, modern and trendy socialites, showing their lavish ways of life while “uncovering the defective existences of the apparently idealize first class.”

Notwithstanding its Made in Mexico title, a few of the show’s members are U.S.- conceived and furthermore incorporate expats attempting to change in accordance with their new lives, fit in while seeking a spot in Mexico City’s “it-group” and elite social request.

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Netflix didn’t share how the members were picked, however the cast incorporates a touch of a diverse blend – from an outstanding representative and previous Mexico reality indicate contender, to performing artists, models, TV hosts and bloggers. Some are absolutely more outstanding in Mexico than others and all have a sound Instagram following.

Regardless of whether the arrangement will be famous stays to be seen. It’s set to make a big appearance comprehensively on September 28.

Is intriguing this is the second Netflix arrangement unique that objectives the wealthy in Mexico in two months. Toward the beginning of June, the streamer marked an arrangement with Salma Hayek to deliver a unique show arrangement called Monarca, set in the intense universe of Mexican extremely rich people. Both arrangement are a differentiation to the typical demonstrates that portray Mexicans as street pharmacists, offenders or administration work force.

The show is delivered by Love Productions USA, a division of the UK creation organization, and incorporates Richard McKerrow, Kevin Bartel and Brandon Panaligan as official makers and Lauren Volonakis and Matthew Moul as co-official makers.

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SeedPeer Proxy

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SeedPeer Proxy

SeedPeer is known name among everybody who downloads deluges. It is extraordinary compared to other downpour sources to get confirmed deluges which are solid and in addition infection free. At the point when the vast majority of the deluge sites are brimming with spam advertisements and their downpours containing infection, malware, adware, and so forth., SeedPeer is helping its clients to remain safe while torrenting.

There are numerous downpour destinations with even enormous database and more deluge records yet for the greater part of the SeedPeer clients, SeedPeer is the main confided in deluge site from which they need to download motion pictures, television arrangement, music, programming and recreations. On the off chance that you are among such SeedPeer clients and discovers that SeedPeer is out of reach from its fundamental space seedpeer.eu then the area is presumably obstructed by your ISP or government for your web association.

SeedPeer is one of the most established Torrent sharing and P2P document dissemination destinations. Thinking of it as has an area of confirmed downpours; it is favored by numerous individuals to download deluge documents.

Thinking of it as, likewise has some copyright content and always in weight from administrative specialists, it is edited and obstructed in numerous nations and ISPs. Likewise many school and office work put square access to the Seed Peer site keeping in mind the end goal to spare web data transmission. Consequently, in this article we will cover : How you can unblock and get to SeedPeer by utilizing quick SeedPeer intermediary locales [2018]

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About Torrent Websites

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About Torrent Websites

About Torrent Websites

We are amidst the logbook year, the time when numerous individuals acknowledge they quit utilizing 2017 rather than 2018 when composing dates. The odds are high that the dependable individuals from the BitTorrent people group have just begun to search for the best deluge locales for 2018.

The ascent in lawful activities against numerous downpour sites can be thought of as one critical reason the rundown of the best deluge locales may change more regularly than it completed a couple of years back. Normal clients of the BitTorrent system might just recall how the downpour monster KickAss went down. There has additionally been an expanding ascend sought after for the VPN administrations, which unblock deluge destinations.

Another factor is the expansion in the selection of spilling administrations like Netflix and Amazon Prime which may have made a mark in BitTorrent’s prominence after their development in excess of 100 nations. Regardless, the general population who are focused on the BitTorrent system will keep utilizing it, and some best downpour locales proposals may be useful to them.

Before you begin torrenting

You may definitely know this, yet you can read our article on BitTorrent fundamentals to know the essential phrasings and how downpour functions.

On the off chance that, you’re searching for the correct apparatus to download your most loved deluges, look at our rundown of the best downpour customers for 2018.

Be careful! Pilfered content

Presently, you may be anxious to recognize what are the best torrenting destinations you can visit. However, before that, you ought to know about some vital things. Most of the deluge destinations exist to fulfill individuals’ desire for theft (Read more concerning why individuals privateer) and to download films, television programs, and different things without paying anything.

You may know about the way that enjoying copyright encroachment is illegal in numerous nations and might arrive individuals in jail. Along these lines, in the event that you’re searching for something genuine, here is our rundown of 13 best deluge destinations for protected and legitimate downpours.

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Secure your protection

Another essential thing to note is you aren’t mysterious while downloading documents from the BitTorrent organize. Despite the fact that the P2P document sharing-based system is exceptionally decentralized, an actually stable individual or the web supplier can track a client’s torrenting movement. A workaround to this is utilizing VPN which gives clients a chance to shroud their IP address.

Top 10 Torrent Sites Of 2018

Our rundown positions officially prevalent deluge locales by there individual Alexa rank at the season of composing. You can look at our last year’s rundown utilizing this connection.

Disclaimer: We don’t bolster or advance copyright encroachment. The accompanying rundown is exclusively with the end goal of data and finding legitimate substance on downpour sites.

1. The Pirate Bay

Unquestionably the most mainstream and clear most loved among clients, The Pirate Bay has been around for about 15 years and has sidestepped government interruption (which is stating something considering the ongoing crackdown on downpour destinations). While the area name changes a considerable amount (it’s currently back at .organization), clients can simply discover a great many deluges.

2. RARBG

This site has gradually turned into a deluge top choice. While it’s not referred to have as large a determination as different locales, RARBG has a notoriety for top notch deluges and more often than not has the most recent motion pictures and TV appears.

3. 1337X

On the off chance that the promotions, trackers, and symbols on deluge destinations overpower you, 1337X is an awesome decision. The plan is easy to understand and natural, and the deluges are efficient. In spite of the fact that clients were once worried about the site’s security, 1337X appears to have truly ventured up and moved forward.

Downpour Safe

Watch downpours securely without a deluge customer on TorrentSafe. This isn’t an internet searcher, however it will enable you to download downpours and conceal your IP address with no product.

4. TorLock

While not as well known as some other deluge locales, TorLock is an awesome asset for anime, ebooks, and music, which have a tendency to be harder to discover than motion pictures and TV appears. The website additionally incorporates a prevalent downloads page to enable you to discover new substance.

5. Torrentz2

Initially known as Torrentz, the resurrected site has as of late experienced some enormous changes. In December, Torrentz2.eu quit indicating connections to magnet downloads, and clients can now just download material utilizing the hash. In any case, Torrentz2.tv still incorporates magnet downloads, in spite of the fact that clients have griped the quantity of downpours is less. By the by, the site is as yet a top choice.

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6. EZTV

Because of a noxious takeover in 2015, EZTV is presumably the most disputable deluge site among downpour clients. By the by, EZTV still has a great deal of fans. The gathering discharges their own downpours, giving clients access to content they won’t discover somewhere else – albeit frequently their deluges in the end make it to different locales as well. The gathering is as yet dynamic and updates its own particular file every day.

7. YTS.AG

Another questionable yet mainstream site is YTS.AG (which can presently be found under the area name .am). YIFI and YTS are famous gatherings that discharge their own particular deluges. YTS.AG, which as indicated by TorrentFreak isn’t partnered with YIFI or YTS, cases to be the main authority site for the gatherings’ discharges. Regardless of whether it’s the official webpage or not, YTS.AG is extremely prevalent, so you’ll discover loads of seeders and quick downloads.

8. TorrentDownloads.me

Since it turned out to be such a prevalent website in 2017, torrentdownloads.me is hindered in numerous nations. This implies it’s solitary available with an intermediary or VPN. (More on that underneath). Fans love the site’s propelled seek record, which makes it simple to discover precisely what you’re searching for.

9. LimeTorrents.cc

LimeTorrents has been around for a long time now, with a veteran status and faithful clients who keep it dynamic. With an extensive choice of downpours to browse and high number of value records, the site has a considerable measure of fans.

10. Zooqle

Everybody is by all accounts discussing this site, which has as of late picked up a great deal of prominence. With more than three million confirmed downpours, it turn into a most loved after KickAssTorrents close down. In any case, you do need to make a record for it, which, as aficionados of protection, we don’t love.

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