: StockMarketNEWS Daily Updates Among sectors, metal index added 2 percent and auto index gained 1 percent

@StockMarketNEWSWed 02 Dec, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among sectors, metal index added 2 percent and auto index gained 1 percent, while selling was seen in the banking names.
Bank Nifty underperforms dragged by Kotak Bank, HDFC Bank; PNB, Bandhan Bank shed 2%
Bank nifty was down 2 percent dragged by kotak mahindra bank which was down over 3 percent followed by punjab national bank, hdfc bank, icici bank, bandhan bank and federal bank.



Tata Motors share price up 2% as total sales in November rise 21% to 49,650 units
Tata motors said its total vehicles sales (domestic and international) grew 21 percent in november to 49,650 units. the company had sold 41,124 units in
the same month last year.

Dr Reddys Laboratories shares gain as firm commences clinical trials for Sputnik V vaccine
The clinical trials are being conducted by jss medical research who are the clinical research partner.


Vikas Multicorp shares price hit upper circuit after Albula Investment Fund buys 72 lakh shares
According to a bse filing, albula investment fund acquired 72 lakh equity shares in the company at rs 7.60 per share.

Phoenix Mills shares surge 10% on agreement with Singapore wealth fund; CLSA retains buy
CLSA has retained buy call on the stock and has raised target to rs 872 from rs 790 per share. the research firm is of the view that at a cap rate of 6.6
percent, gic deal is accretive by rs 82 per share.


Adani Ports share price hits 52-week high after cargo volume growth rises 10% YoY
The company reported cargo volume handled excluding krishnapatnam port registering a growth of 10 percent on year on year basis.


NCC share price rises on bagging Rs 3,905-crore orders
Ncc has received four new orders totaling rs 3,905 crore (exclusive of gst) in november.


Bharti Infratel share price rises 5% on block deal worth Rs 1,647 crore
The share touched its 52-week high rs 295.75 and 52-week low rs 121.25 on 02 december, 2019 and 19 march, 2020, respectively.


Pfizer shares jump over 5% on reports of UK authorising its COVID-19 vaccine
After opening with mild gains, shares of pfizer traded almost flat till 1230 hours but saw a sudden spike after the reports of the vaccine.



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