: StockMarketNEWS Daily Updates Monday crash Sensex crashes 839 points on China border flareup; Among the sectors, metals, pharma and the psu bank index tumbled over 4 percent
@StockMarketNEWS Mon 31 Aug, 2020
Latest #StockMarketNEWS by #MunafaSutra Daily Updates
Monday crash Sensex crashes 839 points on China border flareup; investors lose Rs 4 and a half lakh crore
Among the sectors, metals, pharma and the psu bank index tumbled over 4 percent while the midcap index shed 3 percent.
Among the blue chip stocks, sun pharma was the biggest loser, down 7.29 per cent at rs 515.25.
Gold rebounding again, but analysts divided in outlook this time
Bullion prices recovered on monday after falling last week. gold prices at the multi commodity exchange (mcx) for the october contract were trading 0.5 per cent higher at about rs 51,700 per 10 gm at in early afternoon trade, supported by rupee depreciatio
Future Group stock shares surge after RIL buys firm#39;s retail business
The deal was crucial for biyani-led future group which came under immense pressure from the lenders#39; consortium led by sbi to address its rising debt
which stood at rs 12,778 crore as of september 2019.
Adani Ports, GVK Power shares jump 4% on AAHL#39;s plans to acquire GVK Airports debt
Adani group will also take steps to complete the acquisition of a 23.5 percent equity stake from acsa and bidvest in mial for which it has obtained cci
Jubilant FoodWorks shares fall 3% despite adopting new model; CLSA maintains outperform call
The company, which operates dunkinâ?? donuts chain in india, is evaluating opportunities to scale up through the new smaller sized kiosk model.
RBL Bank stock falls 3% after MD sells stake worth Rs 38 crore
"vishwavir ahuja, managing director ceo of the bank, has sold 18,92,900 shares of rbl bank on august 27 and 28, 2020, for approximately rs 38.52 crore," the bank said in a bse filing on august 28.
Adani Group shares climb as the group readies to gain control of Mumbai, Navi Mumbai airports
Adani group will also take steps to complete the acquisition of a 23.5 percent equity stake from acsa and bidvest in mial, thereby acquiring a controlling interest.
Vedanta shares jump 5% on pledging Hindustan Zinc stake; HZL stock down 2%
Vedanta has also given a non-disposal undertaking in respect of its shareholding in hindustan zinc to 50.1 percent of the paid-up share capital of hindustan
zinc which are not pledged to secure the facility.
Suzlon Energy shares fall 3% as Q1 loss widens
The consolidated net loss of the company was rs 397.87 crore in the quarter ended on june 30, 2020 against a net loss of rs 335.11 crore in the year-ago period.
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