Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10.
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Stocks For Today: Bank Of India, HCC, Jindal Steel, PNB, SBI, Union Bank
India’s key equity benchmarks closed at a record high even as investors assessed the impact of lockdowns on businesses, which have now begun to gradually reopen as the pace of coronavirus infections slows.
Experts recommend ‘buy’ on this Rakesh Jhunjhunwala, Radhakishan Damani stock
Rakesh Jhunjhunwala, Radhakishan Damai portfolio stocks are closely followed these days by the retail investors and market experts. As per the experts, following Rakesh Jhunjhunwala holdings or any other big bull’s portfolio gives an idea about where the smart money is moving.
Stocks To Watch: HDFC Bank, Earnings, Manappuram Finance
Stocks To Watch: HDFC Bank – The Reserve Bank of India has levied a fine of Rs 10 crore on HDFC Bank for irregularities in the bank’s auto loan portfolio. RBI had received a whistleblower complaint regarding these irregularities.
Stocks Tips For Today: Pfizer, Sun Pharma, PCL, Burger King India
Stocks Tips For Today: Indian equity benchmarks gained amid investors optimism that the economy will rebound strongly from the world’s worst Covid-19 outbreak.
Vedanta Ltd Q4 Outlook – Apt Play On Rising Commodity Prices
Vedanta Ltd. reported in-line Ebitda of Rs 90.4 billion (our estimate: Rs 93.6 billion), up 17% QoQ, primarily due to higher Ebitda in aluminium, Zinc-India and iron ore and improved earnings in other business segments except power and copper.
Oil Ministry tells ONGC to sell Oilfields; hive off Drilling, other Services
The petroleum ministry has told India’s largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms, get foreign partners in KG basin gas fields, monetise existing infrastructure, and hive off drilling and other services into a separate firm to raise production.