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NSE share market NEWS tomorrow (10 May, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 May, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 May 2021

Bharat Heavy was amongst the top gainers, currently trading at 65.65 in NSE with 3.186 times change in volumes and 13.581% change in price. Other gainers included Suzlon Energy with 9.804% price change and 4.708 times volumes, Macrotech Developers with 9.497% price change and 1.187 times volumes, National Buildings with 8.523% price change and 3.997 times volumes, and Torrent Power with 8.449% price change and 3.778 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Coforge was amongst the top losers, currently trading at 3222.10 in NSE with 0.711 times change in volumes and -4.693% change in price. Other losers included Cg Power with -4.24% price change and 0.913 times volumes, Phoenix Mills with -3.061% price change and 0.795 times volumes, Tube Invest with -2.744% price change and 0.434 times volumes, and Cholamandalam Investment with -2.593% price change and 2.83 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

Auto dealers predict slow sales recovery as Covid spreads to rural areas. Auto sales, especially cars and sport-utility vehicles (SUVs), bounced back strongly last year as buyers rushed to buy private vehicles to ensure safety and maintain social distance

Rubix Data Science raises Rs 6.2 crore from Cactus Venture, others. Proceeds will be invested in enhancing technology and analytics capabilities of the Rubix Automated Risk Management and Monitoring System (ARMS) platform

Srei Equipment Finance's company secretary resigns; banks lift salary cap. The Srei group continues to face human resource crisis with Srei Equipment Finance (SEFL) company secretary putting in her papers on Monday, even as the banks have lifted the cap on the salary of senior-level executives. Srei Infrastructure Finance Ltd (SI

Coronavirus-hit IndiGo to raise Rs 3,000 crore through QIP. IndiGo's decision comes as the aviation industry continues to be hit by the catastrophic second wave of Covid-19 infections

Sify's Q4 net profit jumps over 6-fold to Rs 90 cr due to digital changes. IT company Sify Technologies posted over a six-fold jump in profit at Rs 90.4 crore for the March ended quarter due to rapid digital transformation of business amid COVID-19 pandemic.

JSW Hydro Energy raises 7 million in debut 10-year green bond issue. Offer generates good response, closes at much lower rate than initially guided

Mumbai Angels Network sees 36 exits, eyes 50 investments this year. Purplle has raised million from Sequoia Cap­ital India and existing investors Verl­in­vest, Blume Ven­tures and JSW Ventures.

Sitapati steps down as HUL's executive director, Sundaram to take over. Srinandan Sundaram, currently executive director at HUL, will succeed Sitapati effective July 1

Govt names new chairman of privatisation-bound Bharat Petroleum Corp. Government-headhunter PESB on Monday selected the next chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), in signs that the privatisation of the state-owned oil refining and marketing firm may be delayed. The government had kept the

IDFC First Bank planning to make home loans 40% of total portfolio. The bank has started offering prime home loans to employees of top corporates starting at 6.9 per cent

Amazon blocked 10 bn phony listings last year in counterfeit crackdown. Amazon, which has been under pressure from shoppers, brands and lawmakers to crack down on counterfeits on its site, said Monday that it blocked more than 10 billion suspected phony listings last year

IIT Madras startup sets Guinness record for upskilling people in Python. Beating the previous record by 50 times, IIT Madras-incubated startup GUVI and All India Council for Technical Education (AICTE) has set the Guinness world record in upskilling Indians in Python programming language. They set the record for "most numbers o

Strengthening of steel prices to support Tata Steel's deleveraging: S&P. Sustained steel prices at these levels could lead to upward rating pressure.

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola. The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

HDFC to sell 0.62% stake in HDFC ERGO for Rs 236 cr. The stake sale is being done in accordance with the direction of the Reserve Bank of India requiring HDFC to reduce its shareholding in HDFC ERGO to 50% or below.

Jindal Steel prepays Rs 2,462 cr term loans, pares debt beyond commitment. JSPL has recently announced divestment of its thermal power business to reduce its debt further as well as to cut down on its carbon footprint by almost half

Vistara to start Delhi-Tokyo flights from Jun 16 under air bubble agreement. Vistara said on Monday it will start flights on the Delhi-Tokyo route from June 16 under the air bubble arrangement formed between India and Japan.

Ola to start doorstep delivery of oxygen concentrators to consumers. Ola Foundation, the philanthropic arm of Ola, said it has partnered with donation platform GiveIndia to provide consumers with oxygen concentrators

Isuzu launches BS-VI compliant versions of V-Cross and mu-X range in India. Isuzu Motors India on Monday said it has launched BS-VI compliant versions of V-Cross and mu-X range in the country, priced between Rs 20.06 lakh and Rs 35.34 lakh (ex-showroom Delhi).

BharatPe plans to disburse Rs 14,000 cr in business loans by March 2023. The fintech company, which is soon expected to become a unicorn, has raised Rs 50 crore in debt from Northern Arc Capital

Covid-19 pandemic: Shopping mall owners' income dips around 50 pc in FY21. Shopping mall owners' revenue declined by around 50% during the last fiscal as the retail sector was badly hit since the outbreak of the Covid-19 pandemic in March last year

Yamaha Motor to suspend production at two Indian plants due to Covid-19. This comes amid rising Covid infections across the country

Blackstone buys Embassy Industrial Parks from Warburg for Rs 5,250 cr. Embassy Industrial Parks is comprised 10.6 million square feet of modern logistics and warehousing assets

Covid-vaccine maker BioNTech reports .37 billion profit in first quarter. German pharmaceutical company BioNTech reported a net profit of 1.13 billion euros (.37 billion) in the first quarter of this year on the back of strong revenues from its coronavirus vaccine

SpaceX to accept dogecoin as payment to launch lunar mission in 2022: Musk. Crypto currency lost more than a third of its price on Sunday, after the businessman called it a 'hustle'

Driverless taxis to cancer drugs: Google's moonshots are serious business. Alphabet could be underinvesting in the sustainability of its prosperous main business while overinvesting in adventurous sidelines.

M-cap of eight of top-10 most-valued companies rises by Rs 81,250.83 cr. Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday

Kamdhenu eyes Rs 1,000-cr revenue from paints section in next 5 years: CMD. Kamdhenu Group is looking at over Rs 1,000 crore revenue from its paints segment over the next five years, amid rising demand for the product in line with new housing projects

Will double headcount; lot of headroom for growing user base: Koo. Koo is planning to double its headcount in the next one year as it significantly scales up its user base on the platform, especially vernacular subscribers, its co-founder said

CIL to continue with fuel supply to power plants under import substitution. State-owned CIL will continue with the supply of coal to the power plants under import substitution in the ongoing fiscal.

Mukesh Ambani's Reliance Retail second-fastest growing retailer in world. Billionaire Mukesh Ambani's Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years. It has been ranked 53rd in the list o

NCLT initiates insolvency proceedings against Ahluwalia Contracts. The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contracts India Ltd for defaulting on payments to an operational creditor. The New Delhi-based NCLT bench allowed the insolvency plea filed by

Godrej Properties expects FY22 sales bookings to beat last year's record. Godrej Properties expects its sales booking this fiscal to surpass the last year's record Rs 6,725 crore despite the outbreak of second wave of Covid-19

Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16. India's largest motorbike maker, Hero MotoCorp Ltd, extended a shutdown at its manufacturing facilities across India till May 16, a day after Maruti Suzuki India Ltd announced a similar move

FabiFlu numero uno in Indian pharma market, show April sales data. With sales of Rs 352 crore in April, this brand alone accounted for over 2 per cent of the total domestic pharma market sales of Rs 15,662 crore

India's food processing market may touch 0 billion by 2025: KPMG report. Tier-II and tier-III cities could mirror the trend visible in metropolitan areas, by buying more processed food in the coming years

Hyderabad-based startup aims to save lives with portable oxygenerator. Amid the shortage of medical oxygen in several parts of the country, the Hyderabad-based startup 'The Phi Factory' is aiming to save lives through its innovative and affordable portable oxygenerator

DMart Q4 net profit jumps 53%; over 80% stores disrupted by 2nd Covid wave. Total income rises 19% to Rs 7,460 cr

Bandhan Bank Q4 net profit tumbles 80% to Rs 103 cr on higher provisions. Provisions and contingencies spiked by 93% to Rs 1,594 crin Q4FY21 as compared with Rs 827 cr in Q4FY20

CSB Bank reports highest-ever net profit of Rs 218 crore in FY21. During the last quarter ended March of FY21, the lender reported a net profit of Rs 42.89 crore against a loss of Rs 59.70 crore in the same quarter of 2019-20

Bandhan Bank's Q4 net profit declines 80% due to higher provisioning. Provisions of the lender nearly doubled to 1,594 cr in Q4FY21 as compared to Rs 827 cr in Q4FY20

Disruptions in store operations impacting revenue, says D-Mart. The firm said it may face an excess in inventory

DCB Bank net profit rises 13% to Rs 78 crore in January-March quarter. The bank's asset quality worsened with the gross NPAs spiking to 4.09% of the gross advances as of March 31, 2021

Moody's maintains negative outlook on Adani Transmission. Moody's Investors Service on Friday affirmed an investment grade rating of Baa3 with negative outlook on senior secured bonds of Adani Transmission Ltd (ATL).

Kansai Nerolac Paints' Q4 net profit rises 89 pc to Rs 123.62 crore. Kansai Nerolac Paints Ltd on Friday reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 2021

Carlyle sells 4.2% in SBI Life at Rs 960 per share in pre-market deal. CA Emerald Investments, an affiliate of Carlyle Asia Partners, sold a total of 4.23 million shares for Rs 4,061 crore

UltraTech Cement Q4 consolidated net declines 45% to Rs 1,775 crore. Net sales of the Aditya Birla Group company stood at Rs 14,405 cr in the final quarter of FY21, up 33% from same period last year on strong demand for the commodity

Coal India's fuel allocation through spot e-auction rises 43% in FY21. State-owned CIL allocated 42.51 million tonne of coal in 2020-21 under spot e-auction scheme, registering a year-on-year increase of 42.5 per cent

India's pharma market rebounds in April, clocks 51.5% sales growth. Low base of April 2020, pick-up in demand for Covid-19 drugs major contributors to growth

Second month in row, Walmart's PhonePe logs over 1 billion transactions. Maintains top position in UPI apps, followed by Google Pay

Dabur India's consolidated net profit rises 34.4% in Q4 on low base. The maker of honey, chyawanprash, oils and juices had reported a net profit of Rs 281.6 crore last year

HDFC beats the Street, post 42% net profit surge to Rs 3,180 cr in Q4. Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years

Govt gives bidders data access for -billion Bharat Petroleum Sale. The government's 53% stake in the refiner is valued at about Rs 50,900 based on Friday's closing price

Disbursed Rs 14,572 crore to investors of six shuttered schemes, says FT. In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes

Amazon postpones Prime Day sale in Canada, India due to Covid-19. India, which is suffering severe shortages of medical equipment, on Thursday reported 412,262 new virus cases and 3,980 deaths, both daily records

Countries must help India in battle against Covid-19, says Deloitte CEO. Deloitte CEO Punit Renjen said the company is encouraging its 3,00,000 professionals across the globe to support three charities -- GiveIndia, United Way India and the PM cares Fund

Wall Street giants' outsourcing ops in India suffer as workers call in sick. A growing number of employees are either sick or scrambling to find critical medical supplies such as oxygen for relatives or friends

Mitsui aims to accelerate business in healthcare and nutrition segments. TOKYO (Reuters) - Japanese trading house Mitsui & Co Ltd aims to accelerate its business expansion in healthcare and nutrition, using Malaysian hospital group IHH Healthcare Bhd and other assets, its chief executive officer (CEO) said on Friday.

Apple's app store chief fends off attacks in antitrust trial. Apple's top app store executive on Thursday faced an avalanche of documents unleashed by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers

HDFC Q4 PAT up 42% YoY at Rs 3,180 cr; Board re-appoints Keki Mistry as MD. HDFC has recommended a final dividend of Rs 23 per equity share

Covid impact: Indian carriers risk consolidation, plane repossessions. Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

Over 300 pharma, healthcare companies eligible for new Covid loans: Crisil. Hospitals to gain most with up to 3.5% dip on cost of funds; may add half a million beds, says rating agency

Flipkart to pay 100% premium towards Covid-19 insurance for all its sellers. The offer holds for policies between Rs 50,000 and Rs 3 lakh; exempted storage fees for MSME partners

Dabur's consolidated net profit rises 34% to Rs 377 crore in March quarter. Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 377.29 crore for the fourth quarter ended March 2021

Study finds slightly increased blood clot rates after AstraZeneca Covid jab. A large study in Denmark, Norway has found slightly increased rates of vein blood clots, including in the brain, among adults who had received their first dose of the Oxford-AstraZeneca Covid vaccine

Adani Transmission PAT up 82% at Rs 1,290 cr in FY21 despite dip in revenue. The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis

CPP Investments pays Rs 1,005 cr for addl 15.9% stake in IndInfravit Trust. Units were bought in two separate deals--7% from Sadbhav Infra and 8.9% L&T IDPL in a deal that will happen later

Mahindra Group to open MADE, a design centre for mobility products in UK. The firm will be the second from India to enter UK for designing cars and SUVs, after Tata Motors set up the European Technical Centre in Coventry in 2005

Delhi falls to 32nd in Knight Frank's global prime property index. New Delhi's rank declined to 32nd among global cities in terms of prime residential properties

Hero MotoCorp Q4 net profit rises 39% to Rs 865 crore, beats estimates. 'While a late recovery towards the second half of FY21 saw the company gain strong volumes, the broader market continues to suffer in view of the recent Covid surge,' says Pawan Munjal

Hero MotoCorp Q4 net up 38% to Rs 865 cr on entry-level bike demand. Company extends factory closure to May 10; expects normalcy to return by second quarter

Cognizant reports good numbers in Mar quarter, revises revenue guidance. Net income for the first quarter of CY21 was 5 million, up 37%

Fighting Covid: JSPL ramps up daily oxygen supply limit to 120 tonnes/day. Jindal Steel and Power Ltd (JSPL) on Thursday said it has ramped up its daily oxygen supply limit to 120 tonnes/day for the treatment of COVID-19 patients.

RIL seeks nod to bring in Israeli experts for Covid-related training. Reliance Group signed a million deal in January with BOH to distribute the firm's swift Covid-19 breath testing system

Covid-19: Google says 20% of workers will be remote, many more hybrid. Google says it expects about 20% of ifs workforce to still work remotely after its offices reopen this fall, while some 60% will work a hybrid schedule

Jeff Bezos sells .5 billion of Amazon and signals more coming. Jeff Bezos, the world's richest person, continues to hold more than 10% of Amazon.com.

Samsung in patent infringement suit for LG tech sold to patent troll. Samsung Electronics was recently involved in a patent infringement lawsuit in the United States related to smartphone wireless charging

Cognizant revises full year guidance for CY2021; Q1 revenue up 4.2%. Cognizant has so far invested 0 million in acquisitions

Second wave of Covid-19 has hit India 'like a tsunami': Kiran Mazumdar Shaw. The unprecedented spike in coronavirus cases to the recent state elections and religious festivals in the country, says Kiran Mazumdar Shaw

Insurance giant LIC to have five working days starting from May 10. Saturdays have been declared as a holiday for the insurer.

Tata Steel: Stellar Q4 show sets stage for a better Q1FY22, say analysts. Given the strong results, analysts now believe that Tata Steel to report an even-better April to June quarter as steel prices continue to rise

ArcelorMittal Nippon Steel India EBITDA up nearly 3x at 3 mn in Q1. Results were best in a decade for the firm, which achieved solid production, annualising at 7.3 million tonnes

HDFC Q4 preview: PAT may jump up to 50% YoY amid decline in provisions. Global brokerage HSBC has upgraded HDFC to 'Buy' given its dominant market position and execution capabilities which, the brokerage says, should allow it to continue gaining market share

Covid-19: Honda Cars advances maintenance shutdown of manufacturing plant. Honda Cars India on Thursday said it is advancing maintenance shutdown at its Rajasthan-based manufacturing plant by around ten days in the wake of second wave of Covid

Tata Consumer Products reports net profit of Rs 133 crore in Q4. Its revenue from operations rose 26.2 per cent to Rs 3,037 crore from Rs 2,405 crore reported in the same quarter last year

Paytm rolls out pin code-enabled Covid-19 vaccine finder on mini app store. The data has been sourced on a real-time basis from the CoWIN API where a slot can be booked to take vaccination

Ola Electric names former GE executive Balachandar as chief HR officer. Balachandar is a 33-year HR veteran who was most recently group director at Coffee Day; earlier stints include GE Healthcare and GE Capital, Strides Arcolabs and Stanchart

China halting flights to India could hurt pharma supplies, say companies. China supplies 60% to 70% of the raw materials used by India's drugmakers, according to an expert.

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NSE share market NEWS tomorrow (10 May, 2021). NSE stocks in NEWS (tomorrow)

 

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