NSE share market NEWS tomorrow (01 March, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (01 March, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 March 2021
National Buildings was amongst the top gainers, currently trading at 49.00 in NSE with 2.502 times change in volumes and 14.352% change in price. Other gainers included Indian Rail with 10.161% price change and 1.29 times volumes, 8 20 with 9.694% price change and 1.697 times volumes, Fortis Healthcare with 7.831% price change and 5.153 times volumes, and Bharat Electronics with 6.455% price change and 1.606 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.
Bharti Airtel was amongst the top losers, currently trading at 532.20 in NSE with 0.277 times change in volumes and -4.332% change in price. Other losers included Tube Invest with -3.614% price change and 0.587 times volumes, Avenue Supermarts with -2.864% price change and 0.438 times volumes, Bank Baroda with -2.4% price change and 0.589 times volumes, and Idea Cellular with -2.212% price change and 0.636 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.
Sebi plans change in norms to trim promoters' sway on independent directors. Its proposed 'dual approval' system gives more powers to minority shareholders, without whose majority consent it will not be possible for companies to appoint or remove IDs
Suzuki Motorcycle India reports 5.4% rise in sales in February. The firm sold 71,662 units in February
Honda Motorcycle reports 29% surge in total sales in February. Honda Motorcycle & Scooter India (HMSI) on Monday reported a 29 per cent increase in total sales at 4,42,696 units in February. The company had sold a total 3,42,021 units in the same month last year, HMSI said in a statement. Domestic sales last month sto
Royal Enfield sales increase 10% in February at 69,659 units. The company had sold 63,536 units in the same month last year
Sebi proposes stricter rules on independent directors of listed firms. MUMBAI (Reuters) - India's market regulator proposed on Monday tighter eligibility and appointment rules for independent directors of listed companies, a move seen aimed at protecting minority investors.
Quess Corp announces separation of Chairman, MD roles; appoints new CFO. Business services and global staffing provider Quess Corp on Monday announced the separation of roles of its Chairman and Managing Director.
Delhi govt delists electric version of Tata Nexon car from subsidy scheme. The move comes as a setback for Tata Motors in one of its biggest markets and makes the model less attractive in terms of the incentives
Flipkart makes key changes in leadership team ahead of the IPO plan. As the e-commerce firm focuses on building and growing its business further, it has made a few leadership role changes in areas such as supply chain, category design operations and fintech and payment
Jio's new offer dampens tariff hike talk, adds to Vodafone Idea's worries. Reliance Jio's new offer may impact Vi's fundraise plans, say analysts
TV viewership rose 9% in 2020 on Covid-19 pandemic, shows BARC data. Television consumption by Indians increased nine per cent to 999 billion weekly viewing minutes on the back of the COVID-19 pandemic in 2020, rating agency BARC said on Monday. The average time spent by every viewer increased to 4 hours and 2 minutes a day
European Union drug regulator audits manufacturing site of Serum Institute. AstraZeneca Chief Executive (CEO) Pascal Soriot has indicated that the company may look at factories outside of the EU to meet the supply commitments.
Expect domestic air traffic to return to pre-Covid level by FY23: ICRA. ICRA also said the cargo volumes are likely to grow around 36 per cent in 2021-22 and six per cent in 2022-23 after a 25 per cent contraction this fiscal, reaching pre-COVID-19 levels in 2021-22
Godrej Properties emerges as highest bidder for two plots in Navi Mumbai. Spread over nearly 1.5 acres, this project will offer approximately 400,000 square feet of development potential
Godrej Properties buys land worth Rs 166 cr for residential proj in Mumbai. Realty firm Godrej Properties Ltd has bought around 1.5 acre land parcels for Rs 166 crore in Mumbai to develop a residential project
Ashok Leyland's M&HCV truck sales rise 44% in February, bus sales fall 84%. The company's light commercial vehicle sales rose by 46 per cent to 5,662 units from 3,867 units in the year ago period
Hackers hit State Bank of India users with text phishing scam. Several SBI users have been targeted with a phishing scam where hackers have flooded them with suspicious text messages
Tata Motors total sales surge 51% at 61,365 units in February. The auto major reported a 21 per cent increase in total commercial vehicle sales
Uber's business shows strong recovery signs post lockdown in India. As Indians start travelling in the new normal, strong recovery in smaller towns underscores success for ride-hailing giant's 'India to Bharat' strategy, which offers new products in regional markets
TVS Motor two-wheeler sales up 21% in Feb on strong scooter demand. Scooter sales of the firm grew 56% to 95,525 units in February 2021 as against 60,633 units a year ago
Coal India's production and offtake remained subdued in February. Demand was weak in the month
Market share up 3.3% in CY2020 despite 34% sales dip, says Daimler India. Despite pandemic and economic downturn, firm outperformed Indian CV market and emerged with major increases in domestic sales (46%) and incoming orders (150%) for Q4
BOC Aviation, IndiGo sign purchase-leaseback pact for eight A320Neo planes. BOC Aviation Limited has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd (IndiGo) for eight new Airbus A320NEO aircraft. "The addition of these eight A320NEO aircraft demonstrates our confidence in the future growth of the aviation ma
Indian mobile retailers seek Amazon probe, cap on online smartphone sales. Indian retailers, a crucial part of Modi's support base, have long alleged that Amazon and Walmart's Flipkart flout federal regulations
Free for viewers, streaming service Jungo+ launches for select Indian users. Unlike other services, it isn't targeting mass audience, will cater to those with interests in areas it calls passion and ethnocentric like K-Pop, health and wellness, e-sports and mixed martial arts
Honda Cars reports 28% increase in sales at 9,324 units in February. Honda Cars India Ltd (HCIL) on Monday reported a 28.3 increase in domestic sales at 9,324 units in February as compared with the same month last year. The company had sold 7,269 units in the domestic market in February last year, HCIL said in a statement.
IRCTC to terminate all contracts of mobile catering. IRCTC was further directed to treat this case as an exception arising out of pandemic situation and not to treat the case as contractor's default
BPCL to sell entire stake in Numaligarh Refinery for Rs 9,880 cr. BPCL will sell its 61.65% holding in Numaligarh Refinery to a consortium of Oil India and Engineers India and may also include the state govt of Assam
Discoms' outstanding dues to power gencos rise 24% to Rs 1.36 trn in Dec. The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms
Ikea to increase sourcing of toys from India for scale up ops: Official. Swedish furniture major IKEA, which has a range of over 1,000 products as part of its children's range, is looking to scale up sourcing of toys from India for its operations here
Puravankara enters plotted development business, to invest Rs 825 crore. Realty firm Puravankara Ltd has entered into plotted development segment and will start six projects over the next 6-7 months with an investment of about Rs 825 crore
RIL buys majority stake in skyTran; invested in future tech, says Ambani. Shareholding of Indian entity at 54.46%; skyTran has developed breakthrough passive magnetic levitation & propulsion tech for personal transportation
Aditya Birla Finance set to raise Rs 5,000 crore through debentures. The entity expects to increase share of SMEs and the retail segment to 65 per cent from 60 per cent in December 2020.
Consumers will become increasingly agile and demanding: Deloitte. Consumers will become more aware of brands and seek comfort and convenience at the click of a button.
Can you pay month's dues to pilots: Delhi High Court asks Air India. The contention was refuted by Air India's lawyer who claimed the plea was not maintainable as the subject matter of the disputes are private contracts and there is no public function involved.
Indian Oil to expand Panipat refinery with capex of Rs 32,946 crore. Oil marketing firm IndianOil Corporation (IOC) is expanding its Panipat refinery's capacity from 15 million metric tonnes per annum (MMTPA) to 25 MMTPA at a cost of Rs 32,946 crore
ICRA reaffirms AA-plus rating on United Spirits' financial instruments. ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short-term and non-fund based financial instruments
Maruti Suzuki achieves 2 million vehicle export milestone from India. The country's largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports. The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South
JLR to take a write off of 1.5 bn pounds in Q4 as part of a restructuring. This will be the second biggest hit for Tata Motors-owned firm since FY19
DGCA allows airlines to offer fare discount to customers with no baggage. Aviation regulator DGCA on Friday allowed airlines to provide concessions in air fares to customers travelling with no check-in baggage. The move comes days after the Directorate General Civil Aviation (DGCA) provided greater flexibility to domestic carrie
Airlines see 10-12% drop in bookings as states insist on Covid-19 test. West Bengal joined Maharashtra and Karnataka in insisting on negative RT PCR tests for travellers from certain states, which has dampened sentiment
GDP in positive trajectory a promising sign, says India Inc. India Inc on Friday said the recouping of the country's economy to a positive trajectory in the third quarter is a promising sign as it portends the end of the pandemic-induced recessionary phase
Jio launches new JioPhone offer with data of 2 GB per month for 2 years. For the existing JioPhone users, 12 months of unlimited service will be provided for Rs 749 per annum, which include unlimited voice calls and unlimited high-speed internet data (2 GB every month).
Vedanta Resources raises .2 bn ahead of open offer for Indian listed unit. The bond offering saw strong investor interest
Jio launches handset offer to grow user base, turn market into '4G-only'. Customers offered handset, two years of unlimited voice calls and 2GB data a month for Rs 1,999
IOC to invest Rs 32,496 cr to expand Panipat refinery capacity. The firm said it will invest to expand its oil refinery at Panipat in Haryana to 25 million tonnes per annum capacity
FundVice to support startups with Rs 330 crore fund, accelerate 50 deals. Investment banking firm FundVice on Friday said it will support startups in India with a corpus of Rs 330 crore, which includes funding from its new fund Ryoma Ventures. The company has plans to raise up to Rs 250 crore and accelerate at least 50 deals by
Realty firm DLF plans to raise up to Rs 395 cr via issue of debentures. In a regulatory filing, the company informed that the proposal will be discussed on March 3 at a meeting of the finance committee of the board of directors
Vedanta Resources raises .2 bn ahead of open offer for Indian listed unit. Vedanta Resources on Friday said it has raised USD 1.2 billion in a bond offering that saw strong investor interest. The 8.95 per cent bonds due for March 2025 "will be guaranteed by the company and two wholly-owned indirect subsidiaries of the company, na
Hindustan Unilever aims to achieve 100% plastic waste collection in 2021. Since 2018, HUL has facilitated environmentally safe disposal of more than 1.2 lakh tons of post-consumer-use plastic waste
Amazon-Flipkart probe: Want to create level playing field, says CCI lawyer. The Competition Commission of India (CCI) lawyer told the Court that when big players give discounts, they incur losses for a short time, but this pushes the smaller players out
Mukesh Ambani is again richest Asian as China's Zhong loses billion. With a net worth of about billion, Ambani is again richer than Zhong Shanshan, whose bottled-water company tanked a record 20 per cent this week
IndianOil Corp set to invest Rs 32,946 crore in Panipat refinery. The Panipat Refinery is IOC's seventh, and technically the most advanced public sector refinery complex of India
Zomato to pay more to delivery partners, absorb fuel price rise impact. Swiggy also planning fuel-related incentives for riders
India's food-tech start-ups adding exciting new flavors to home-cooking. An entire section of working professionals, students and even senior citizens are dependent on home food service providers for their daily meals
Irdai asks insurers to bring standard accident cover from Apr. The insurance regulator has asked general and health insurance providers to provide standard personal accident cover products
BharatPe facilitates Rs 1,000 crore loan disbursal in fiscal 2021. The firm said it has already surpassed its target of facilitating disbursal of Rs 1,000 crores of business loans to its merchant partners
Indian packaged food market to be double in 5-10 years: Nestle India CMD. This will be led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestle India Chairman and Managing Director
Uber, Amazon Pay partner to install safety screens in 40,000 autos. Initiative will cover seven cities
RaiTel shares soar 28% on debut to end a tad over Rs 120 in a tepid market. The stock touched a high of Rs 128 and a low of Rs 101 on the NSE, where over Rs 1,500 crore worth of shares changed hands
Xiaomi expands smartphone, TV capacity in India with 3 new plants. Seeks to ramp up manufacturing to meet surging demand, avoid supply crunch as seen last year
Newspaper society asks Google to raise publisher share in ad revenue to 85%. In a letter to Google India, INS President L Adimoolam said publishers are facing a "very opaque advertising system", as they are unable to get details of Google's advertising value chain.
Infra.Market becomes India's latest unicorn after 0-million fundraising. The company seeks to offer an enhanced procurement experience to players in the construction ecosystem.
Top headlines: Adani Group may bid via MIAL, new rules for FB, Twitter. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session
Allahabad HC denies anticipatory bail to Amazon India Originals head. A single-judge bench of Justice Siddharth passed this order on Thursday while hearing an anticipatory bail application
Ola expects Phase 1 production of two-wheelers from TN site in few months. Ola says the factory will have initial capacity of 2 million units a year in Phase 1
Irdai removes curbs on dividend payout as insurers deliver better results. But, it has advised them to take a conscious call while declaring dividends for FY21, keeping in mind their capital position, solvency margin and liquidity position
Heranba Industries IPO subscribed 83 times on strong HNI support. Price band was set at Rs 626-627 per share; issue comprises Rs 60 cr of fresh fundraise, Rs 565 cr offer for sale
Zomato revises delivery partner remuneration to accommodate fuel price hike. The firm said it restructured its delivery partner remuneration to factor in the fuel price hike, a move that will increase their earnings by 7-8 per cent
State Bank of India, Shapoorji Pallonji Real Estate sign MoU. State Bank of India and Shapoorji Pallonji Real Estate on Thursday signed a Memorandum of Understanding (MoU) to enable faster processing of home loans, approvals and to provide other benefits. The lender's head and chief general manager (Real Estate & Hou
Tube Investments ropes in Korean firm for 3-wheeler EV technology. Company will start making and selling the vehicles by December 2021 or January next
Kalrock-Jalan consortium to invest Rs 1,375 crore in debt-laden Jet Airways. The amount would be utilised for start-up expenses and paying creditor dues, it is learnt
10 million man-hours planned to build Ola's mega e-scooter factory. The world's largest two-wheeler factory is expected to create 10,000 jobs.
Byju's likely to close 0-million Aakash Educational deal by March. The edtech decacorn which is valued at about billion is scouting global markets including the U.S and India to acquire many other smaller rivals which could help it scale up faster
Bharti Airtel raises .25 billion through various debt instruments. The company said the order book was oversubscribed 3x on final pricing, with the peak order book of billion at the time for final price guidance
DHFL gets no objection from RBI, files application with NCLT for resolution. DHFL on Thursday said it has received no objection from the Reserve Bank and has filed application with NCLT for submission of the resolution plan of Piramal Capital & Housing Finance. Earlier this week, DHFL had announced Piramal group's resolution plan g
Joblessness a bigger worry of urban Indians than Covid-19: Survey. Despite unemployment being their biggest worry, 68 per cent urban Indians are optimistic that the country is moving in the right direction
Alliance Air to commence flights betweeb Bilaspur-Delhi from March. Continuing efforts to bolster regional connectivity across India, Alliance Air will add Bilaspur in its service network as the 45th destination, the airline said
Ashok Leyland to acquire Nissan International's 38% stake in Hinduja Tech. The company proposes to acquire 58,500,000 shares held by Nissan International Holding B.V to make it as a wholly-owned subsidiary of the Company
Bharti Airtel raises .25 bn through issue of dual tranche $ bond offering. Airtel has priced 0 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent
Security concerns must be addressed in virtual board meetings: Sebi chief. Sebi chairman Ajay Tyagi on Thursday said confidentiality and security concerns of virtual board meets need to be addressed
Infra.market joins unicorn club with funding from Tiger Global, others. Infra.market is a construction materials focused online marketplace
20 yrs of India operations: HMSI crosses sales milestone of 7 mn units. Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Thursday said it has crossed the cumulative sales milestone of 70 lakh units in north India in its 20th year of operations in the country. The company, which hit the Indian market in 2001 with its scoote
Mahindra sells its entire stake in First Choice Services to TVS Automobile. It has also sold its entire stake of optionally convertible redeemable preference shares in Auto Digitech, a wholly-owned arm of Mahindra Holdings for Rs 13.5 crore to TVS
MTAR Technologies IPO priced between Rs 574-575, open March 3-5. Comprises a fresh issue of Rs 123 crore and an offer for sale of Rs 472 crore
Bharti AXA Life boosts protection cover segment to expand footprint. The firm has enriched the protection cover segment with the benefits of 'Quit Smoking' and 'Stay Fit' in its life cover solution Bharti AXA Life Flexi Term Pro
Startek announces 5mn debt refinancing with term loan, revolving credit. Borrowings under new senior debt will bear tiered interest rate, based on Startek's consolidated net leverage ratio and is initially set at Libor plus 450 bps
Edtech player Doubtnut raises Rs 224 cr for vernacular base expansion. DIG, James Murdoch's Lupa Systems and and existing investors Sequoia, Omidyar Network and Waterbridge Ventures participate in funding
Professionals confident about progress despite uncertainties: Survey. Professionals in India are confident about their career progress despite growing uncertainties about the job market and financial future in the current environment, says a survey. According to the latest LinkedIn Workforce Confidence Index, there has been
India's consumption market likely to triple by 2030, says BCG report. The consumption spurt will be driven by urbanisation, higher disposable incomes, and nuclear families
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