NSE share market NEWS tomorrow (23 December, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (23 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 December 2020
Idea Cellular was amongst the top gainers, currently trading at 10.55 in NSE with 1.611 times change in volumes and 11.053% change in price. Other gainers included Mphasis with 10.774% price change and 3.958 times volumes, Ncc with 10.634% price change and 0.953 times volumes, Abb Power with 9.069% price change and 1.628 times volumes, and Tata Elxsi with 8.167% price change and 2.759 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.
Punjab National was amongst the top losers, currently trading at 31.80 in NSE with 1.505 times change in volumes and -4.79% change in price. Other losers included Crompton Gr with -2.272% price change and 0.365 times volumes, Trent with -1.661% price change and 1.119 times volumes, Page Industries with -1.377% price change and 0.799 times volumes, and Divi S with -0.869% price change and 0.609 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.
Covid-19 delays Boeing's aircraft manufacturing plan in India: Report. The U.S. planemaker's decision comes at a time when the pandemic has also forced Japanese carmaker Honda Motor Co to halt production at one of its two factories in India
Indian corporate boards not really independent: Local Circles survey. Many independent directors are not really independent and that a majority of independent directors in publicly traded Indian firms
Paytm revenue up 1.4% to Rs 3,629 cr; losses decrease 30% to Rs 2,942 cr. The company's total expenses for the fiscal were reported as Rs 6,226 crore on a consolidated basis
'Outstanding at what she does': India-born rakes in billions for JPMorgan. Advising companies on M&A is one of the prestige roles in investment banking, generating both huge fees and headlines when a deal comes together
Honda puts the brakes on Civic, CR-V models, shuts Greater Noida plant. Honda, which is shifting its entire manufacturing facility to Tapukara in Rajasthan, however, says this will help it to rationalise cost and have a better shot at profitability
India loses Cairn case in arbitration; asked to pay Rs 8,000 cr in damages. This is the second setback for Indian government related to retrospective taxation after it lost the arbitration case against Vodafone three months ago
Despite Covid-19, M&A and PE deal value rose by 7% to billion in 2020. Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.
IndiGo recovering from Covid-19 induced aviation 'carnage' and may rehire. IndiGo, which has some 730 Airbus SE A320neo planes on order, laid off about 10% of its workforce due to the pandemic-driven slowdown
Indian firms see a silver lining in cloud adoption in pandemic-hit year. The Covid-19 pandemic accelerated Cloud adoption by several years in 2020
Azim Premji, SBI MF invest Rs 350 cr in Tube Investments preferential issue. The money will be used to fund TII's organic and inorganic growth, including acquisition of CG Power and Industrial Solutions and TII's proposed capex
Sonalika launches India's 1st field ready electric tractor 'Tiger Electric'. Unleashing a new era of agri innovation, Sonalika, India's fastest growing tractor brand and No.1 export brand across Europe, Americas, Africa and over 130 countries, has raised curtains from India's first field ready electric tractor 'Tiger Electric'.The
Pharma revenue, margins likely to remain healthy in next fiscal: ICRA. Revenue growth for IPM (Indian Pharmaceutical Market) is expected to be 7-9 per cent in FY2021 despite muted growth in Q1 FY2021
Cairn Energy wins tax arbitration against India: What the case is all about. India lost the Cairn arbitration case. The case was related to the retrospective tax amendment law and the verdict came late night Tuesday. How did the dispute arise? Listen to the podcast for more
Thanks to Reliance, Deal Street grows 7% in value to bn in 2020: Report. Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according
Quikr has ended animal sales, taken down pet trading listings: PETA India. PETA India claimed that e-retailer Quikr has ended "animal sale" on its portal and taken down "pet trading" ads
HC said Amazon's attempt to control Future violates FDI rules: Indian firm. The court ruled that Amazon's attempt to control Future Retail through a conflation of agreements it has with an unlisted unit of the Indian company will be violative of the FEMA FDI rules
20-year-long DTH licence to provide certainty to industry: Tata Sky. Tata Sky said the government's decision to grant licences to the operators for a longer 20 years would provide certainty to the industry
Tata Communications acquires 58.1% stake in eSIM company Oasis. Tata Communications has acquired a controlling stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis)
Wipro shares jump nearly 6% after IT partnership with Metro AG. Shares of Wipro on Wednesday jumped nearly 6 per cent after the company said it has signed a 700 million-digital and IT partnership deal with Metro AG
Airtel continues to add users in October even as Vi continues to lose. Airtel tops with 3.8 million new subscribers to take base to 330.29 million, Jio adds 2.2 million; Vi lets go of 2.7 million
Infosys shares gain nearly 3% after Daimler deal for IT infrastructure. Shares of Infosys closed with nearly 3% gains on Wednesday after the company said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation.
HDFC's green housing retail loans cross Rs 14,000 cr across 310 buildings. The largest pureplay mortgage player HDFC, which on Wednesday signed a pact with the Indian Green Building Council (IGBC), said its green housing retail loan book has crossed the Rs 14,000-crore-mark across 310 certified green buildings. The mortgage lende
Netflix's Reed Hastings collects 5 million in stock sale. Hastings has collected enough cash in 2020 to produce all four seasons of "The Crown"
Hiring, better appraisals back on India Inc agenda amid Covid-19 pandemic. The pandemic emerged the biggest inflection point for the Indian job landscape.
Wipro to acquire IT verticals of Metro AG in a 0-million deal. As a part of this transaction, Wipro will take over the IT units of Metro AG - Metro-NOM GMBH in Germany and Metro Systems Romania S.R.L
Anil Ambani's Reliance Capital gets 10 more bids for subsidiaries. Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020
IndiGo allows partial rebooking if passenger's connecting flight cancelled. The rebooking or refund option is only for that leg of the journey that has been cancelled by the airline
Bajaj Auto to invest Rs 650 crore to set up new plant in Maharashtra. The facility is expected to start producing high-end KTM, Husqvarna and Triumph motorcycles as well as some EVs in 2023
GIC, ESR Cayman form 0-million joint venture to invest in logistics. The JV will be seeded with a 2.2 million sq ft build-to-core asset, located in close proximity to the large consumption hubs of Mumbai and Thane
JP Morgan demands loan repayment of Rs 268 cr from M&M SsangYong Motor Co. JP Morgan has sought repayment of loan worth 40 billion Korean wons from Mahindra & Mahindra's troubled foreign arm SsangYong Motor Company (SYMC) but the South Korean auto maker has expressed its inability to pay the amount now. Following the Korean autom
Ratan Tata gets 'Global Visionary of Sustainable Business and Peace' award. Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce for epitomising "unity, peace and sustainability"
Stellaris Venture Partners to launch 0 mn fund; IFC to invest mn. The fund plans to invest in 20-25 companies across healthcare, education, financial services, logistics, consumer internet and enterprise technology
Indian govt invites bids to sell its 63.75% stake in Shipping Corporation. The Indian government invited bids to sell its 63.75% stake in Shipping Corporation of India to a private investor, in a key asset sale that was delayed due to the coronavirus pandemic
Dailyhunt parent VerSe becomes unicorn after funding from Google, Microsoft. The new funding comes at a time when VerSe Innovation is expanding its family of apps through its leading short video platform Josh, which is available in 12 local languages
Garment Mantra acquires 83.8% stake in Jannat Fabrics, to pick up 100% soon. The management is expecting to acquire 100 per cent stake in the next few months to make it a wholly-owned subsidiary of Garment Mantra.
SucSEED Indovation announces first closure of maiden Rs 100 cr fund. Indovation Fund has identified three startups Stargate, Auris, and Freestand for investment and has signed term sheets
Embassy REIT raises Rs 3,680 cr to partly fund acquisition of IT park. Embassy Office Parks REIT has raised Rs 3,680 crore (1 million) through sale of units to institutional investors and will use this amount to partly fund its acquisition of IT park in Bengaluru
InMobi's Glance turns unicorn with 5 mn investment from Google, Mithril. Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android smartphones
Crypto exchange Coindcx raises Rs 100 cr in 3rd round of funding amid Covid. Coindcx, a cryptocurrency exchange, on Tuesday announced a Rs 100 crore or .9 million fund infusion in a funding round led by Block.one
Manappuram Finance says it raised Rs 400 crore via issue of bonds. Manappuram Finance on Tuesday said it has raised Rs 400 crore by issuing bonds on private placement basis
Govt invites bids for sale of its 63.75% stake in Shipping Corporation. Non core assets of the company are being hived off and will not be a part of the sale
Embassy Reit raises Rs 3,680 cr to fund acquisition of Embassy Tech Village. Listed in April 2019, Embassy Reit owns and operates a 33.3 million square feet portfolio
Oppo sets up 5G innovation lab in India, it's 1st such plant outside China. Smartphone maker Oppo on Tuesday said it has set up of its 5G innovation lab in India which is also the company's first 5G lab outside China
Indian TikTok clone gets Google, Microsoft backing in 0 mn fund raise. This comes months after the Chinese-owned short-video app was banned in the country
Apollo Tyres launches portal to foray into online sales space. Apollo Tyres on Tuesday forayed into online sales space with the launch of an e-commerce portal that allows customers in India to buy car and two-wheeler tyres. This will work on the 'buy online, fit offline' model, where consumers can purchase their chose
With increase in FDI flows, ICICI Bank increases focus on MNCs. With the increase in foreign direct investment into the country, ICICI Bank on Tuesday said it is upping its focus on serving the multinational companies
Hindustan Foods unit to invest Rs 125 cr to set up facility in north India. FMCG firm Hindustan Foods on Tuesday said its subsidiary will invest Rs 125 crore to set up a manufacturing facility in north India
'Reliance Capital's EOI for asset monetisation receives 60 bids'. Reliance Capital's expression of interest for asset monetisation garnered mega response with 60 bids being received
Reliance emerges as biggest wealth creator over last 25 years, finds study. Most of the gains came in the last five years, shows Motilal Oswal's annual wealth creation report
SUN Mobility aims to set up 100 battery swapping stations in Bengaluru. SUN Mobility said it plans to set up 100 battery swapping stations for electric vehicles (EVs) in Bengaluru by the end of 2021
Ola eyeing sites in India, Europe to build charging station network: Report. The network is for electric two-wheelers
MUFG Bank achieves green certification for solar farm in India. MUFG Bank has acted as sole green structuring advisor for a 3 million financing deal for SoftBank's latest solar project in India
AstraZeneca's Fasenra gets regulatory nod for asthma treatment. AstraZeneca India has received marketing authorisation from the Drugs Controller General of India (DCGI) for use of Fasenra
Stress and trauma of Covid-19 hold big space for renewal: Tata Sons chief. Tells 700,000 Tata group staffers that pandemics have inspired progress in medicine, urban planning, architecture and countless other fields in the past.
Wipro's Rs 9,500-crore share buyback offer to open on December 29. IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.
Bajaj Auto signs MoU with Maharashtra govt for Rs 650 crore plant. Bajaj Auto on Tuesday said it has entered into an initial pact with the Maharashtra government for setting up a production plant at Chakan at an estimated investment of Rs 650 crore.
Top cop to oversee probe into violence at Wistron's manufacturing facility. No definite time limit has been set for concluding the investigation
Centre extends suspension of fresh insolvency cases by another 3 months. The government has again extended the suspension of fresh proceedings under the insolvency law by three more months amid the disruptions caused by the coronavirus pandemic. A notification for a three-month extension of the suspension, which was to end on D
Fesschain launches blockchain powered smartphones, targets 10 mn shipments. Firm has tied up with a private manufacturer that can produce 10,000 pieces a day. But Fesschain is now scouting for a suitable location in Noida to set up its own production unit
Ruchi Soya shareholders approve appointment of Ramdev, Balkrishna on board. In a regulatory filing, Ruchi Soya, which sells soya products under Nutrela brand, said the shareholders have approved all resolutions at the annual general meeting with requisite majority
Sebi imposes Rs 1 lakh fine on Reliance Capital for regulatory violations. As per the regulations, depository participants are restricted from delegating their function to any other person, without the prior approval of the depository
Wistron plant violence: Enough stocks of iPhone SE 2020, says Apple. iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.
Honda Motor to shut Noida plant and cut production of four-wheelers. The Japanese automaker will move all India production to its newer Tapukara plant to the southwest of New Delhi, according to the Nikkei
Google partners with Sheroes to support 500 rural women entrepreneurs. Last year, the tech major had started a small pilot for an accelerator programme for 10 women entrepreneurs in rural India across its Internet Saathi network
Delhi HC rejects Future's plea for interim injunction against Amazon. On August 29 this year, the Future Group announced sale of its retail and wholesale business to Reliance Retail in a Rs 24,713 crore deal
India plans tough targets for state-run firms ahead of privatisation push. India plans to set tough financial targets for state-run firms to try to improve valuations ahead of a push by PM Modi to privatise some firms, according to a draft government document and sources
M&M to hike prices of tractors from Jan to offset impact of rise in costs. Mahindra & Mahindra (M&M) on Monday said it will hike prices of its its range of tractors from next month in order to partially offset the impact of rise in input costs. In a regulatory filing, M&M's Farm Equipment Sector said, effective January 1, 2021, i
AstraZeneca Pharma gets nod from drug regulator to market asthma medicine. AstraZeneca Pharma said it has received marketing authorisation from Drug Controller General of India for Benralizumab solution, indicated as an add-on maintenance treatment for severe asthma
GMR Infra gets nod from stock exchanges on its proposed restructuring plan. GMR Infrastructure said it has received consent from stock exchanges, with no adverse observations, on its proposed restructuring involving demerger of its non-airport vertical business
Wistron sees no major impact of Karnataka plant vandalisation on company. Taiwanese major to continue manufacturing iPhone SE and iPhone 7 models at the unit
Mahindra's Korean subsidiary Ssangyong Motor files for bankruptcy. Move comes a week after the troubled automaker defaulted on a loan repayment to JP Morgan
Sanjay Nayar elevated as KKR chairman, takes charge on December 31. Gaurav Trehan from TPG Capital has joined the firm as head of KKR's private equity business in the country
Pine Labs' valuation tops bn on closing funding from Lone Pine Capital. Funding makes it country's most valued fintech after Paytm and PhonePe. Pine Labs silent on deal size, industry sources put it at -100 million
Daimler India announces global competition for early-stage start-ups. Open from Dec 21 to Jan 29; initiative organised in association with Office of the Principal Scientific Adviser to GOI and Invest India
Tata Motors to increase commercial vehicle prices from January 2021. Tata Motors on Monday said its commercial vehicle prices will be revised upward from January next year.
Reliance-Future deal: Delhi HC rejects plea for injunction against Amazon. Court prima facie finds suit filed by Future Retail is maintainable, Emergency Award valid, and Future Retail's resolution approving deal with Reliance was also valid
Most Indians would buy 5G ready phones, Oppo, Samsung preferred brands: CMR. Around 83 per cent people in a survey in India shared that 5G is one of the factors they consider while buying a new phone
Mahindra-owned SsangYong files for bankruptcy second time in 11 years. The development comes a week after the struggling automaker missed repayment of 60 billion Korean Won to JP Morgan Chase Bank, South Korea, which was due on Dec 14
Coal India's fuel allocation under spot e-auction rises 59% during Apr-Nov. Fuel allocation by CIL under the scheme also increased to 4.09 MT in November, from over 3.58 MT in the corresponding month of 2019
Gulf travel ban imposed for 7-8 days, to hit Indian and West Asian airlines. While India has suspended all flights from UK till December 31, the three West Asian states have stopped air travel from countries around the world for next 7-9 days
GM scripts last lap of India journey, to cease manufacturing ops on Dec 24. The company rolled out the last model off its assembly line on October 31 for exports
Market value of 8 of 10 most valued firms zooms Rs 1.25 trillion. HDFC, TCS, and Bajaj Finance emerged as the biggest gainers
CMS Info Systems plans to invest upto Rs 1,300 crore on ATM ramp-up. Rajiv Kaul, vice-chairman and wholetime director, CMS Info System, said that starting with a capital expenditure of Rs 180-200 crore, the company expects to create 2,000 jobs
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