Category: Indian Stock Market

Top News that can effect today Indian Stock Market – 07th September 2020

Top News that can effect today Indian Stock Market For Media House- 07th September 2020

Business Standard

Ø More than Rs 10 lakh crore loans may avail restructuring benefit: Bankers

Ø Small positive growth may not be ruled out in FY21, says Rangarajan

Ø Vodafone Group says no to infuse new equity in Voda Idea

Ø Tata Steel production back at 100 pc capacity, says T V Narendran

Ø Thriveni Earthmovers bags Rs 31,428 cr contract to develop, operate NTPC’s coal mine in Chhattisgarh

Ø Japanese bank MUFG takes on lease 30,000 sqft space at BKC from Adani Realty

 

Ø Telecom, automobile companies lead earning downgrades, shows data

Ø BPPI Q1 sales turnover up 94.21% to Rs 146.59 cr amid Covid-19 crisis

Ø Biocon set for bigger insulin play, aims to reach one in five diabetics

Ø HDFC clears Rs 47,000 cr loans to 200,000 home buyers under subsidy scheme

Ø PNB fraud: Nirav Modi’s extradition trial to resume in UK court on Monday

Ø Lakshmi Vilas Bank plans to raise Rs 1,500 crore to fund biz growth

Business Line

 

Mint

Ø India’s commitment to reform being taken seriously by foreign investors: FM

Ø Nod for trials of Bt Brinjal varieties revives GMO concerns

Ø Borrow more to stimulate demand, revive economy: Chidambaram to Government

 

Ø Axis Global Equity Alpha FoF is diversified option, consider existing fund also

Ø Draft guidelines on advertising released

Ø Govt asks auto industry to cut imports, raise exports

Ø RIL details plan to carve out O2C assets

 

Financial Express

 

Deccan Chronicle

Ø Hinduja Global Solutions Q1 net profit up 21.7% at Rs 49.2 cr

Ø SBI moots voluntary retirement scheme to optimise costs, about 30,000 employees eligible

Ø Crude output dips 6.1% in FY21, gas hit harder

 

Ø Amul forays into edible oil segment, to invest Rs 1,500 crore for processing plants

Ø Aatmanirbhar Shipping: Centre asks major ports to use only Indian made tug boats

Eyes On Today’s Stock Market – 07th September 2020

Eyes On Today’s Stock Market – 07th September 2020

• India, China Defense Ministers Agree to Defuse Border Tensions
• High Frequency Data Shows Recovery After 1Q Slump, India Says
• India Imposes Curbs on Non-Priority Expenses to Preserve Cash
• Coal India Plans to Reduce FY21 Output Goal to 660 Million Tons
• Vodafone Idea to Raise Up to $3.4 Billion Selling Shares, Debt
• Controlling investors had warned of bankruptcy risk earlier
• Digital Tax Plan Unlikely By December, Indian Tax Official Says
• India Forex Reserves Rise $3.9b to $541.4b in Week to Aug. 28
• India Official Reserves Rise to Record in August
• Gaitonde Painting Sells for $4.4 Million in Indian Artist Record
• Pundole’s raised $9.5 million from art auction in Mumbai
• Global Funds Sell Net INR18.9B of India Stocks on Sept. 4: NSE
• Domestic funds sell net 4.57b rupees of stocks
• Foreign Investors Sell Net INR1.19B of Indian Equities on Sept. 3
• Foreigners Sell Net INR12.6B of Indian Equity Derivatives Sept. 4
• India-China Border Row ‘Very Nasty, Would Love To Help’: Donald Trump: PTI
• Foreign Investors Taking India Reforms Push Seriously: FM Sitharaman: PTI
• Nitin Gadkari Asks Auto Components Industry Not to Depend On Imports: PTI
• Amul To Invest INR15b In Two Years To Set Up Dairy, Edible Oil, Bakery, Potato Processing Plants: PTI
• Auto Firms Moving Facilities Out Of China To Cover Geopolitical Risks: SIAM: PTI
• TRAI Grants Vodafone Idea Time Till Sept. 8 To Respond To Priority Plan Show-Cause Notice: PTI
• President, PM to address Governors’ Conference on NEP, Monday: PTI
• Allcargo Logistics (AGLL): Says board approves delisting proposal by its founders; sets floor price at 92.58 rupees a share
• Future Retail (FRETAIL): 4Q net loss 4.71b rupees vs. profit 2.03b y/y
• IDFC First Bank (IDFCB): Says Rajiv Lall resigns as non-exec. chairman on health grounds
• Jubilant Industries (JIND): Approves sale of land in Pune for INR123.5m
• Jubilant Life (JUBILANR): 1Q net income -52% y/y to 880.1m rupees, misses est. 1.7b; revenue -13% y/y to 18.9b
• National Aluminium (NACL): 1Q net income -83% y/y to 166.3M rupees; revenue -34% y/y to 13.8b
• South Indian Bank (SIB): Approvesup to INR7.5B fund raising via shares
• Tata Motors (TTMT): Tata Sons buy 5.3m shares of Tata Motors DVR ‘A’ ORD: NSE