@StockMarketNEWS Mon 03 Aug, 2020
Latest #StockMarketNEWS by #MunafaSutra Daily Updates
Among sectors, except metal other indices ended in the red. bse midcap index ended 0.3 percent lower, while smallcap index gained 1 percent.
Banking stock under pressure; Kotak, IndusInd Bank top index losers; Bandhan Bank tumbles 11%
Kotak mahindra bank and indusind bank shed 3 percent followed by rbl bank, hdfc bank, federal bank and axis bank.
IOC share price dips 3% as CLSA reiterates sell
The share price has declined 40 percent in the past nine months.
Wockhardt shares hit 10% upper circuit on COVID vaccines tie-up with UK govt
The company will fill-finish covid-19 vaccines at cp pharmaceuticals, a subsidiary of wockhardt in wrexham, north wales.
SBI share price gains on Q1 profit; CLSA, Nomura, Kotak recommend buy
Asset quality improved significantly in the quarter ended june 2020, with gross non-performing assets (npa) as a percentage of gross advances falling 71
bps qoq to 5.44 percent and net npa declining 37 bps qoq to 1.86 percent.
HCL Tech share price at 52-week high on reports of Ericsson deal win
The company has not said anything, so far, and the bse has sought clarification from the company on media reports.
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