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Showing posts with label 2020. Show all posts
Showing posts with label 2020. Show all posts

Market Highlights - 06 May, 2020

Market Highlights - 06 May, 2020

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💎 Astec Lifesciences PAT jumps 145% YoY to Rs.31.17 crore for Q4FY20.   

💎 Godrej Properties to meet on May 11 to mull raising funds via debt.   

💎 Wipro signs MoU with Maharashtra to repurpose Pune IT facility to 450-bed COVID-19 hospital.   

💎 Andhra Petrochemicals will resume operations at Visakhapatnam from May 6.   

💎 Navneet Education redeems commercial papers of Rs.30 crore and Rs.50 crore.   

💎 Vipul Shashikant Vora resigns as Chief Financial Officer of Jiya Eco-Products.   

💎 Shilpa Medicare plans to establish subsidiary in Canada and Spain for business operations.   

💎 Promoter Sameer Gupta bought 1,25,000 shares in Apollo Pipes at Rs.309.98/share.   

💎 United Spirits resumes operations at majority of its manufacturing facilities with reduced capacity.

💎 Nifty ends with a gain of 65 points at 9,271 after trading in 230 point range

💎 Sensex gains 232 points to 31,686 after trading in the range of 812 points

💎 Nifty Bank gains 423 points to 19,695 and midcap index 82 points to 12,900

💎 ITC drags Nifty by 19 points while HDFC twins lift by 54 points

💎 ICICI Bank, Bharti Airtel, Bajaj Finance, M&M, NTPC amongst top Nifty gainers

💎 TCS, Infosys, HUL, Bharti Infratel and Coal India amongst top losers

💎 Except Bank of Baroda, all Nifty Bank constituents close higher

💎 Axis Bank up 7 percent from lows as sources say SUUTI sale is not on the cards

💎 Oil Marketing Companies fall 2-5 percent as government keeps fuel price unchanged despite excise hike

💎 Astec Life and NIIT surge 20 percent each after Q4 earnings

💎 NBFCs gain as SBI likely to extend moratorium; M&M Financial, Cholamandalam up 8 percent each.
.
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Market Highlights - 05 May, 2020

Market Highlights - 05 May, 2020

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💎 Closing Bell: Sensex slips 261.84 points to close at 31453.51; Nifty ends 87.9 points lower at 9205.6.   

💎 Bajaj Consumer starts operations at Himachal Pradesh plant.   

💎 IDFC First Bank raises Rs.2000 crore via preferential issue.   

💎 Manappuram Finance to raise up to Rs.500 crore by issuing rated, secured, redeemable non-convertible debentures on private placement basis.   

💎 Ashok Leyland records zero production and sales for the month of April due to the nationwide lockdown.   

💎 Colgate-Palmolive (India) is allowed to resume operations at reduced capacity at all of its manufacturing plants.   

💎 ICICI Bank to consider raising funds via debt.   

💎 Orbit Exports partially resumes operations at factory in Surat and office in Delhi.   

💎 Marico Q4FY20 PAT down 51% at Rs.199 crore.   

💎 Lupin announces a positive result from Phase 3 study of Single-Dose Solosec for trichomoniasis treatment.

💎 Market fails to hold opening gains, ends Tuesday trade near day's low

💎 Sensex falls 810 points, Nifty 245 points and Nifty Bank 951 points from day's high

💎 Nifty closes 88 points lower at 9,206, Sensex 262 points lower at 31,454

💎 Nifty Bank ends 472 points lower at 19,272 and Midcap 91 points lower at 12,817

💎 Nifty PSU Bank falls 3 percent to end at a record closing low

💎 Financials drag Nifty by 63 points while oil & gas supports with 21 points

💎 HDFC Twins, Kotak Mahindra Bank, ICICI Bank, SBI, HUL top Nifty contributors

💎 Reliance lifts Nifty by 21 points, closes with a gain of nearly 2 percent

💎 Bharti Airtel snaps 3-day gaining streak, ends 1 percent lower

💎 S&P says asset quality shocks may result in downgrade of Axis Bank, stock down 3 percent

💎 Liquor stocks under pressure after some states increase excise duty sharply
.
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Market Highlights - 04 May, 2020

Market Highlights - 04 May, 2020

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💎 Closing Bell: Sensex slips 2002.27 points to close at 31715.35; Nifty ends 554.80 points higher at 9305.10.     

💎 Cadila Healthcare receives tentative approval from the US health regulator to market generic Empagliflozin and Metformin Hydrochloride tablets, used for management of type-2 diabetes, in the US market.     

💎 ICICI Lombard General Insurance reports 24% YoY higher PAT at Rs.281.93 crore due to reduction in underwriting losses.     

💎 Yes Bank appoints Neeraj Dhawan as Chief Risk Officer with immediate effect for a period of three years.     

💎 MOIL raises product prices by 45%.     

💎 Kalpataru Power terminates agreement to sell arm to CLP India as conditions were not fulfilled.     

💎 Tata Motors sells and transfers its GDC business on a slump sale basis for Rs.10.3 crore to subsidiary TML Business Services.     

💎 RBL Bank appoints Deepak Kumar as the Chief Risk Officer for a period of two years.     

💎 Crompton Greaves Consumer Electricals partially resumes operations at Ahmednagar plant.

💎 Market snaps 4-day gaining streak, erases over 80 percent of last week's gains

💎 Frontline indices record the biggest single-day fall in two weeks

💎 Nifty declines 566 points to 9,294 and Sensex 2,002 points to 31,715

💎 Nifty Bank falls 1,791 points to 19,744 and Midcap 594 points to 12,908

💎 46 Nifty stocks close in the red with financials and metals being top losers

💎 8 Nifty stocks fall in double digits; ICICI, Hindalco, HDFC amongst top losers

💎 Pharma stocks outperform in a weak session; Cipla top Nifty gainer

💎 Bharti Airtel extends gains to 3rd session after signing 4G network deal with Nokia

💎 Reliance announces an investment of Rs 5,656 crore by Silver Lake in Jio Platforms

💎 Volatility Index, India VIX surges 28 percent to close around the level of 44
.
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Market Highlights - 30 April, 2020

Market Highlights - 30 April, 2020

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💎 M&M Financial Services divests 49% stake in its subsidiary Mahindra Asset Management Company Pvt Ltd to Manulife Investment Management (Singapore) Pte for Rs.265 crore.     

💎 Wipro and Nutanix to launch digital database services (DDS) powered by Nutanix Era and Nutanix HCI software.     

💎 Polycab India to consider the proposal for investment / acquisition of shares.     

💎 Alpha Leon Enterprises LLP bought 35,27,564 shares of Sintex Industries.     

💎 BNP Paribas Arbitrage purchased 29,79,801 shares of RBL Bank at Rs.125.42/share.     

💎 Adhunik Industries to resume partial operations at Durgapur plant.     

💎 GP Petroleums resumes operations at Vasai plant.     

💎 Lupin gets tentative USFDA nod for Arformoterol Tartrate used to treat chronic obstructive pulmonary disease.     

💎 Sun Pharma gets USFDA nod for anti-cough drug – Guaifenesin.     

💎 Glenmark Pharma share price up 9% on nod to trials for possible COVID-19 drug.
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Market Highlights - 29 April, 2020

Market Highlights - 29 April, 2020

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1. Market ends at fresh 7-week highs; Sensex and Nifty up 2 percent each

2. Heavyweights lift the market; HDFC twins, ICICI, Infosys, L&T major contributors

3. Sensex advances 606 points to 32,720, Nifty 172 points to 9,553

4. Nifty Bank gains 419 points to 21,090 and Midcap 167 points to 13,228

5. Sensex and Nifty now up 28 percent, Nifty Bank 31 percent and Midcap 23 percent from recent lows

6. 40 Nifty stocks close in the green; HDFC twins, Adani Ports, Hindalco top gainers

7. Market breadth favours advances; advance decline ratio at 2:1

8. Except FMCG, all sectoral indices close in the green; Metal top gaining index

9. Volatility Index, India VIX slips 4 percent to end at a 7-week low

10. Strides Pharma surges 20 percent after the company begins the export of COVID-19 related drug, Favipiravir

11. Motherson Sumi operating facilities at 50-80 percent capacities, boost the stock

12. Indiabulls Housing ends 8 percent higher despite Delhi High Court staying the interim relief

13. Hexaware moves 4 percent higher after reporting strong deal wins in Q1CY20

14. Rupee ends at 3-week high against the US dollar

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Market Highlights - 28 April, 2020

Market Highlights - 28 April, 2020

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💎 Closing Bell: Sensex rises 371.44 points to close at 32114.52; Nifty ends 98.60 points higher at 9380.90.     

💎 Gulf Oil Lubricants partial resumes operations at Silvassa plant.     

💎 Just Dial to consider share buyback on 30 April.     

💎 DCW partially resumes operations in Sahupuram plant.     

💎 HDFC Life reports 14% lower PAT of Rs.311.65 crore for Q4FY20.     

💎 Swasti Bhowmick resigns as Chief Financial Officer of 8K Miles Software.     

💎 UPL acquires Yoloo (Laoting) Bio-technology.     

💎 IndusInd Bank reports 77% lower PAT of Rs.301.84 for Q4FY20.

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Market Highlights - 27 April, 2020

Market Highlights - 27 April, 2020

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💎 Closing Bell: Sensex gains 415.86 points to close at 31743.08; Nifty ends 127.90 points higher at 9282.30.      

💎 Natco Pharma receives EIR for its Kothur formulation facility.       

💎 Bank of Baroda to raise additional capital funds of up to Rs.13500 crore till March 31, 2021.       

💎 BEML wins order worth Rs.398 crore from Coal India.       

💎 Granules India receives USFDA approval for Trospium Chloride capsules.       

💎 Tata Steel to issue of additional debt securities (NCDs) of up to Rs.5000 crore on private placement basis.       

💎 Torrent Pharma issues NCDs of Rs.195 crore on a private placement basis.       

💎 Debshankar Mukhopadhyay resigns as Chief Executive Officer of Zee Learn.       

💎 Mindtree Q4 net up 5% at Rs.206.2 crore.       

💎 Inox Wind resumes production at all three manufacturing plants.       

💎 PM–CM to meet today to discuss over Covid Crisis.       

💎 NHPC raises Rs.750 crore through a private placement of secured, redeemable, taxable, non-cumulative and non-convertible AB Series Bonds.

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Market Highlights - 24 April, 2020

Market Highlights - 24 April, 2020

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💎 ArcelorMittal Nippon Steel India logs record output of 7.23 MT in FY20.     

💎 Coal India sets 2020-21 production target at 710 MT.     

💎 Tata Motors’ JLR to restart some production in Europe.     

💎 Mahindra & Mahindra Board approves issuance of unsecured, redeemable NCDs of Rs.1000 crore on private placement basis.     

💎 Bharti Infratel Q4 PAT up 7% to Rs.650 crore, revenue up 1% at Rs.3624 crore YoY.     

💎 Britannia declares an interim dividend of Rs.35/share for FY20.     

💎 SBI Card reported borrowings worth Rs.17362.86 crore at the end of March, 2020.     

💎 For Q4FY20, Alembic Pharma posted 81% higher PAT of Rs 224.93 crore.     

💎 NHPC raises Rs.750 crore through issuance of bonds on private placement basis.

💎 Market erases half of its gains seen in previous two days

💎 Sensex slips 536 points to 31,327 and Nifty 160 points to 9,154

💎 Nifty Bank underperforms frontliners, falls 681 points

💎 Market breadth favours declines with Midcap index falling 269 points to 12,696

💎 RIL and L&T support while financials and IT drag including ICICI, HDFC twins, Infosys, TCS

💎 Facebook deal helps RIL post biggest weekly gains in 11 years, up 16 percent this week

💎 Bajaj Finance slips below Rs 2,000 to end at a 7-month closing

💎 Bajaj Finance, Bharti Infratel, Zee Entertainment, Bajaj Finserv top Nifty losers

💎 Britannia, RIL, Sun Pharma, Cipla and L&T top Nifty gainers

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Market Highlights - 23 April, 2020

Market Highlights - 23 April, 2020

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💎 Closing Bell: Sensex rises 483.53 points to close at 31863.08; Nifty ends 126.60 points higher at 9313.90.     

💎 KNR Constructions’ SPVs restarted collection of user fee (toll)on all NHAI projects.     

💎 MFs raised stake in Narayana Hrudayalaya to 13.93% in Q4FY20 from 5.64% in Q3FY20.     

💎 Florida Retirement System acquires 51,09,188 shares (0.53%) in Zee Entertainment, Stock up 14%.     

💎 Smallcap World Fund Inc. sells 33,95,856 shares to Endurance Tech.     

💎 Tanla Solutions’ board approves buyback of shares up to Rs.154 crore.     

💎 Vodafone group accelerates a payment of $200 million to Vodafone Idea, which was due in September 2020.     

💎 Steel Authority of India produces 16.15 MT steel in FY19-20. It records an annual sale of 14.5 MT, up 2.8% YoY.     

💎 MCX India settles April crude oil futures contract at minus Rs.2884/barrel.
 
💎 Market rally continues after Wednesday's surge, benchmark indices now are positive for the week

💎 Nifty posts its second biggest 2-session gain in April so far

💎 Top-5 Nifty gainers today comprise of three IT companies and two private banks

💎 FMCG sector lags in trade; Nifty FMCG top sectoral loser

💎 Britannia erases 10 percent gains in last hour, breaching 200-DMA

💎 Nifty Bank and Midcap index close higher but still on track for a weekly fall so far

💎 Kotak Mahindra Bank contributes most to Nifty and Nifty Bank

💎 ​TCS and Infosys end 6 percent higher, Nifty IT ends above 13,000 for the first time in 5 weeks

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Market Highlights - 22 April, 2020

Market Highlights - 22 April, 2020

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💎 Closing Bell: Sensex rises 742.84 points to close at 31379.55; Nifty ends 205.85 points higher at 9187.30.     

💎 Vodafone Idea pays Rs.1367 crore to the government towards licence fee and spectrum usage charges payment.     

💎 SBI Life Insurance will be included in F&O from May 4.     

💎 Porinju’s Equity Intelligence India bought 1.84% stake in Shalimar Paints.     

💎 Tamilnadu Petroproducts resumes operations of propylene oxide plant.     

💎 Kalpataru Power Transmission partially resumes project sites in India.     

💎 Facebook buys 9.9% stake in Reliance Jio for $5.7 billion.     

💎 DEN Networks reports a consolidated PAT of Rs.22.52 crore.     

💎 Gayatri Projects resumes construction activity at its project sites.     

💎 GSS Infotech Q4 net up 36% at Rs.1.46 crore.     

💎 HDFC reduces retail prime lending rate on housing loans by 15 bps.

💎 Market regains 80 percent of the losses seen in previous two sessions

💎 Sensex surges 743 points to 31,380 and Nifty50 206 points to 9,195

💎 Nifty Bank advances 293 points to 19,702 led by HDFC and ICICI Bank

💎 Midcap gains the least amongst frontliners, up 95 points to 12,804

💎 Reliance contributes 104 points to Nifty's gain of 206 points

💎 Reliance gains 10 percent on Facebook's investment of 43,574 crore in all Jio platforms

💎 Reliance adds market cap of Rs 80,000 crore today

💎 44 Nifty stocks close in the green; Zee Entertainment, Asian Paints, Maruti Suzuki top gainers

💎 Zee Entertainment regains losses of last two weeks; up 16 percent today

💎 ONGC, Vedanta, Cipla, L&T, HDFC top Nifty losers.

💎 Amara Raja Batteries, Colgate, Just Dial, Ambuja Cement amongst top Midcap gainers

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Market Highlights - 21 April, 2020

Market Highlights - 21 April, 2020

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💎 Closing Bell: Sensex falls 1011.29 points to close at 1011.29; Nifty ends 280.40 points lower at 8981.45.     

💎 Larsen & Toubro raises Rs.1250 crore through issuance of NCDs.     

💎 Tata Elxsi Q4 profit up 15% at Rs.82.08 crore.     

💎 Ravindra Desai resigns as Chief Executive Officer of Aspira Pathlab.     

💎 Sicagen India to consider voluntary delisting of equity shares from NSE on 23 April.     

💎 Precision Wires receives permission to restart manufacturing operations at Silvassa plant.     

💎 NLC India raises Rs.1000 crore via issuance of commercial papers to SBI for standalone business operation requirements.     

💎 Amway partners with TCS for strategic IT operations transformation.

💎 Market erases gains of last 2 days, following weak global cues and crude fall

💎 Sensex and Nifty falls 3 percent each to see biggest single-day fall in three weeks

💎 Nifty ends 280 points lower 8,981 and Sensex 1,011 points lower at 30,637

💎 Nifty Bank records biggest single-day fall this month, slips 1,113 points to 19,409

💎 Midcap Index closes with a cut of 405 points at 12,709

💎 ICICI Bank, HDFC twins drag market while Dr Reddy's Laboratories and Bharti Airtel support

💎 ICICI falls over 8 percent after company confirms exposure to Singapore based Hin Leong

💎 Bajaj Finance plunges after UBS downgrades the stock to sell and cuts target to Rs 1,600

💎 IT under pressure as US looks to suspend immigration temporarily

💎 Bharat Forge, NCC and Motherson Sumi amongst top Midcap losers, slip 11-15 percent

💎 Nifty Pharma, the only sectoral index to close in the green, up 2.5 percent

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Market Highlights - 20 April, 2020

Market Highlights - 20 April, 2020

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💎 Closing Bell: Sensex gains 59.28 points to close at 31648; Nifty ends 4.9 points lower at 9261.85.     

💎 Indian Hotels likely to raise Rs.1.5 billion via NCDs from Axis Bank.     

💎 Apollo Tyres to issue NCDs worth Rs.10 billion.     

💎 FIIs sell Rs.5.62 billion of Indian Derivatives so far.     

💎 Suzlon Energy to issue equity shares upto 1 billion to its lenders with a Face Value of Rs.2 at Re.1 each.     

💎 National Aluminium receives mining lease of Utkal-D coal block by Odisha government.     

💎 Cadila Healthcare receives USFDA approval to market Baclofen Tablets 5mg.     

💎 Kotak Mahindra Bank to meet on April 22 to consider capital raising.

💎 Sensex and Nifty close flat with Nifty failing to hold 9,300

💎 ICICI Bank, ITC and Axis Bank drag Nifty by 50 Points

💎 Sensex closes 59 Points higher at 31,648, Nifty 5 Points lower at 9,262

💎 Market breadth favours advances with midcap index gaining 67 points with 13,114

💎 Nifty Bank ends 159 Points lower at 20,523 after trading in the range of 650 Points

💎 9 out of 12 Nifty Bank constituents close lower; ICICI Bank and Axis Bank top losers

💎 Apollo Hospitals, Muthoot Finance, Adani Power, MindTree amongst top Midcap gainers

💎 Info Edge, M&M Financial RBL Bank, IDFC First among major Midcap losers

💎 HDFC Bank closes with a gain of 4 percent after reporting 10-quarter low slippages

💎 Tata Motors gains 5 percent despite reporting lower wholesale sales in Q4

💎 IT life market while FMCG drags; ITC and HUL amongst major losers

💎 Adani Group stocks move higher after reporting release of pledged shares

💎 Except SBI, all PSU Banks close higher; Canara Bank up 6 percent, PNB 3 percent

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Market Highlights - 17 April, 2020

Market Highlights - 17 April, 2020

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💎 Financials lead market gains with Nifty Bank surging more than 7 percent

💎 All Nifty Bank constituents higher; ICICI, HDFC Bank & Axis Bank top gainers 

💎 ICICI Bank, Reliance Industries & HDFC Bank contribute over 50% to Nifty’s gains

💎 Nifty gains 274 Points to 9,267 and Sensex 986 Points to 31,589

💎 Nifty Bank advances 1,281 Points to 20,681 and Midcap 286 Points to 13,047

💎 38 Nifty stocks close higher; Axis Bank, Eicher Motors, ICICI Bank top gainers

💎 FMCG and Pharma indices close lower; Nestle, HUL, Sun Pharma major losers

💎 Volatility Index, India VIX slips 8% to end at a one-month closing high

💎 TCS closes with a gain of 5 percent on positive management commentary

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Weekly Highlights - 17 April, 2020

Weekly Highlights - 17 April, 2020

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💎 Market gains for the 2nd consecutive week; Nifty and Sensex up 2 percent each   

💎 Nifty Bank and Midcap Index gain 4 percent each this week  

💎 Metal Index gains the most amongst indices this week, up 7 percent 

💎 IndusInd Bank, Hindalco, L&T, UPL and Axis Bank top gainers this week

💎 Bajaj Finance, Hero MotoCorp, Kotak Bank top index losers this week

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Market Highlights - 16 April, 2020

Market Highlights - 16 April, 2020

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💎 Closing Bell: Sensex up 222.80 points to close at 30,602.61; Nifty ends 67.50 points lower at 8,992.80.      

💎 Goldman Sachs buy 10.4 lakh shares in IndusInd Bank.      

💎 L&T bags order worth Rs.1000-2500 crore for power transmission and distribution jobs.      

💎 Navin Fluorine restart operations in Gujarat, Madhya Pradesh plants, Stock up 3%.      

💎 Wipro reports 6.3% YoY fall in PAT for Q4FY20.      

💎 Essel Propack appoints Sudhanshu Vats as Managing Director & CEO of the company w.e.f. April 16, 2020.      

💎 Punjab & Sind Bank to raise up to Rs.1500 crore through equity and preferential issue of shares.

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Market Highlights - 15 April, 2020

Market Highlights - 15 April, 2020

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💎 Closing Bell: Sensex falls 310.21 points to close at 30379.81; Nifty ends 68.55 points lower at 8925.30.      

💎 IMD forecasts a normal monsoon this year.      

💎 Dr Reddy’s Laboratories launches Amphetamine Sulfate Tablets in US market.       

💎 DFM Foods resumes partial operations at its Greater Noida plant.       

💎 Apollo Tyres to meet on April 17, 2020, to consider issue of non-convertible debentures through private placement.       

💎 Ajanta Pharma receives USFDA approval for Metformin Hydrochloride tablets.       

💎 Sun Pharma receives tentative USFDA approval for Dapagliflozin – A Diabetes drug.       

💎 NTPC to raise Rs.4374.1 crore via unsecured non-convertible bonds on private placement basis.       

💎 Hindalco Industries acquires US-based Aleris Corporation worth $2.8 billion.       

💎 Larsen & Toubro wins two contracts from National Capital Region Transport Corporation.       

💎 Lupin gets EIR from USFDA for its Mandideep Unit II facility.

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Market Highlights - 13 April, 2020

Market Highlights - 13 April, 2020

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💎 Closing Bell: Sensex falls 469.6 points to close at 30690.02; Nifty ends 118.05 points lower at 8993.85.      

💎 Future Consumer appoints Sailesh Kedawat as the Chief Financial Officer.       

💎 GMR Infra receives L.O.A for development and operations of Bhogapuram airport.       

💎 ICICI Lombard, Flipkart and Go Digit General Insurance together offers COVID-19 focused health insurance policies.       

💎 Cadila Healthcare receives tentative approval from the USFDA for Empagliflozin tablets – an antidiabetic drug.       

💎 Gulf Oil Lubricants declares an interim dividend of Rs.7/share for FY20.       

💎 D Krishnakumar resigns from Lakshmi Vilas Bank as Vice President & Chief Risk Officer.       

💎 VST Tillers tractors sales dip 61% to 390 units YoY.       

💎 Arundhati Bhattacharya resigns as Independent Director of Piramal Enterprises.       

💎 OnMobile Global Board to buyback 1,93,21,429 shares for amount upto Rs.54.1 crore.       

💎 Dr Reddy’s Labs gets EIR from USFDA for its Telangana plant.

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Market Highlights - 09 April, 2020

Market Highlights - 09 April, 2020

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💎 Closing Bell: Sensex up 1,265.66 points to close at 31,159.62; Nifty ends 363.15 points higher at 9,111.90.      

💎 Odisha extends lockdown till 30th April – the first Indian state to do so.      

💎 Aurobindo Pharma receives USFDA approval for an antidepressant.      

💎 Cadila Healthcare hits 52-week high on USFDA approval for cancer drug.      

💎 NLC India resumes mining at Neyveli, Stock up 7%.      

💎 Novelis, a wholly owned Hindalco subsidiary, receives clearance for Aleris acquisition      

💎 IndusInd Bank share price jumps 15% after UBS buys stake.      

💎 Va Tech Wabag bags a water treatment contract worth Rs.900 million in Bahrain.

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Market Highlights - 08 April, 2020

Market Highlights - 08 April, 2020

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💎 Closing Bell: Sensex falls 173.25 points to close at 29893.96; Nifty ends 43.45 points lower at 8748.75.      

💎 State Bank of India reduces its MCLR by 35 bps.       

💎 VIP Industries appoints Neetu Kashiramka as Chief Financial Officer.       

💎 Adani Green Energy receives Rs.3707 crore for formation of a Joint Venture with TOTAL SA.       
💎 Tamil Nadu government permits continuous process industries to start and facilitate exports of finished goods already manufactured.       

💎 Tata Power Solar wins 300 MW plant project from NTPC worth Rs.1730 crore.       

💎 JSW Energy receives CCI approval to acquire GMR Kamalanga Energy.       

💎 L&T wins ‘large’ contract from Indian Army for advanced IT-enabled network.

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Market Highlights - 07 April, 2020

Market Highlights - 07 April, 2020

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💎 Closing Bell: Sensex gains 2476.26 points to close at 30067.21, Nifty ends 708.4 points higher at 8792.2.    

💎 Promoter GMR Enterprises acquired 53 lakh shares in GMR Infra on March 31.      

💎 Promoter Emerald Company acquired 1.07 lakh shares in Graphite India on March 27.      

💎 Government lifts restrictions on export of 12 drugs as API supply resumes.       

💎 Larsen & Toubro to seek approval for raising funds through issue of debt securities.       

💎 Cadila Healthcare receives USFDA nod for Lamotrigine.       

💎 HCC appoints UV Phani Kumar as Chief Executive Officer.       

💎 TVS Electronics appoints A Kulandai Vadivelu as Chief Financial Officer.       

💎 Dhampur Sugar Mills starts manufacturing hand sanitisers at its Asmoli unit.       

💎 Manali Petrochemical resumes production of Propylene Glycol at its plants.       

💎 Shilpa Medicare receives nod for Imatinib – an anti-cancer drug.

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