: StockMarketNEWS Daily Updates All sectoral indices except metal, healthcare and fmcg ended in the red

@StockMarketNEWSWed 08 Jul, 2020

Posted in: #StockMarketNEWS

StockMarketNEWS Daily Updates
All sectoral indices except metal, healthcare and fmcg ended in the red. sp bse metal was the biggest sectoral gainer, up almost 2percent.
Pharma index gained over a percent led by aurobindo pharma which gained over 3 percent followed by dr reddylabs and alkem labs which were up 2 percent
each.

IndusInd Bank shares surge 9% on talks of Route One increasing stake
Us-based hedge fund route one investment company had initiated talks to increase its stake in the hinduja group-backed lender, which is exploring multiple
options to strengthen its balance sheet and raise capital,

Kamat Hotels stock surges almost 40% in 2 days after Merlin Marketing acquires 3.5 lakh shares
Merlin marketing pvt has acquired 3.5 lakh equity shares of kamat hotels india (representing 1.48 percent of its total paid-up equity capital) at rs 34.76
per share.

Yes Bank share price falls 5% on fund-raising plan
The details of the offer will be shared after completing formalities with the registrar of companies, the private lender has said.

GMR Infra share price gains after closing stake-sale deal with Groupe ADP
Groupe adp infused rs 4,565 crore, the second tranche of investment, in gmr airports limited to conclude the deal to pick up a 49 percent stake in the
company.

Titan share rises on reopening of stores; Morgan Stanley remains underweight
For watches wearables business, the revenue in may and june months were at 5% and marginally over 20% compared to the corresponding months of the previous
year.

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