Investor Reading List: December 21, 2019

Updated - December 21, 2019 at 11:46 AM.

Did you miss important market news this week in a pre-holiday scramble? Here’s a curated reading list of BL’s top market stories

Sensex refresh

Yes Bank, Tata Motors and its DVR and Vedanta will exit the Sensex come Monday to be replaced by Titan, Ultra Tech and Nestle India. Other BSE indices will be rejigged too. 

Read more: Focus on Sensex’s new constituents

Earnings pickup

Kotak Securities believes that Nifty earnings will grow at 18 per cent for the next three years.

Also read: Earnings boost: Kotak Securities sees 18% CAGR for Nifty-50 firms in the next 3 years

Impending NFOs

The new fund offer trickle is set to restart with funds filing for many new products

Read more: As the markets hit fresh highs, MFs rush to launch new fund offers

Wealth creators

Reliance Industries dominated Motilal Oswal’s latest wealth creation study

Also read: Reliance Ind stock is biggest wealth creator, says Motilal Oswal study

Taking wing

The Air India and BPCL sales may flag off in January

Read more: Govt may invite EoI for Air India, BPCL stake sale in January

IBC boost

SBI’s Q3 numbers are set to get a boost from the Essar Steel repayments

Also read: Essar Steel resolution to boost Q3 number: SBI chief

Opportunity lost

BSNL was at one time slated for a Rs 40,000 crore IPO, a far cry from its situation today.

Read more: How a ₹40,000 crore IPO could have spared BSNL its current troubles

We have the money

Reliance Home Finance claims that it can repay retail bondholders if lenders lift restraints

Also read:  Reliance Home Finance seeks permission to repay nearly 20,000 bondholders

Strike alert

Another bank strike is coming on January 8

Also read: All-India bank strike on January 8

 

Compiled by Aarati Krishnan

Published on December 21, 2019 06:14