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: StockMarketNEWS Daily Updates IT stocks rally, TCS hits new high

@StockMarketNEWSThu 08 Oct, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

IT stocks rally, TCS hits new high; Wipro, Infosys, HCL Tech gain 2-4% each
Wipro added over 4 percent after the it firm said its board will consider a buyback plan on october 13. lt infotech, infosys, hcl tech, mphasis, tech mahindra and mindtree were the other gainers.


RBL Bank share price gains after deposits grow 5% in Q2, retail advances jump 23% YoY
Deposits of the bank in q2fy21 grew 5 percent qoq and 3 percent yoy. its gross advances declined 3 percent yoy and 1 percent qoq, while retail advances
grew 23 percent yoy and 7 percent qoq.


Wipro share price rises 4% as board mulls buyback proposal
The company will announce the q2 fy21 results on october 13


Jet Airways share price rises 5% on reports of Kalrock-Jalan consortium winning bid
State bank of india is the lead lender. the carrier owes banks rs 8,000 crore and faces total claims of rs 40,000 crore.


Majesco share price dips 5% after buyback approval
The share touched its 52-week high rs 884.85 and 52-week low rs 170.55 on 07 october, 2020 and 24 march, 2020, respectively.


Bandhan Bank shares gain 4% after growth in Q2 deposits, advances
During the quarter the bank reduced its minimum interest rate on saving bank deposits from 4 percent per annum to 3 percent.



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