: StockMarketNEWS Daily Updates Among sectors, energy, infra and psu bank ended lower

@StockMarketNEWSWed 15 Jul, 2020

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among sectors, energy, infra and psu bank ended lower, while buying was witnessed in the it, pharma, fmcg and auto space.
Bharti Airtel, Vodafone Idea plunge 4-7 percent after Jio partners with Google, readies with 5G
Another reason for correction in telecom stocks could be that reliance is ready to launch made in india 5g solutions for trial once spectrum is auctioned.

Mindtree share price rises post Q1 numbers; Citi maintains sell
Research house citi has maintained sell rating with a target at rs 840.

Yes Bank shares jump 3% on raising Rs 4,098 cr from anchor investors
The private sector lender has garnered rs 4,098 crore from anchor investors on july 14. all 12 anchor investors placed their bids for 3,41,53,84,614 equity
shares at the lower end of price band of rs 12-13 per share.

Infosys shares jump 7% ahead of Q1 result; management commentary key things to watch out for
Brokerages expect around 20-30 bps cross-currency headwind on dollar revenue growth, which could be down around 5.3-5.5 percent compared to the march quarter.
it may see its profit dip 10-11 percent qoq, partly due to lower other income.

LT Infotech shares snap 9-day winning streak; what#39;s the road ahead?
Lti has been growing significantly faster than both mid and large-cap peers over the past few years on the back of strong deal wins.

Steel Strip Wheels share price rises 4% on export orders
The company has received new orders for mobile home market from usa.

Dr Lal PathLabs shares extend gains into 3rd day; analysts positive on firm#39;s long term story
Despite the turmoil caused by covid-19, the stock has been gaining significantly in the calendar year 2020 so far. the stock has gained 27 percent as of
july 14 close on bse against a 13 percent fall in benchmark sensex.

RIL 43rd AGM: Retail stocks under pressure as Reliance expands JioMart
Jiomart to expand into electronics, pharma, fashion and healthcare. ril will induct global partners, investors into reliance retail, says chairman mukesh
ambani.

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