NSE share market NEWS tomorrow (11 December, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (11 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 December 2020
Inox Wind was amongst the top gainers, currently trading at 55.50 in NSE with 5.414 times change in volumes and 9.145% change in price. Other gainers included Rail Vikas with 6.849% price change and 2.281 times volumes, Persistent Systems with 6.293% price change and 3.275 times volumes, Abb Power with 6.05% price change and 1.812 times volumes, and Oil Natural with 5.619% price change and 5.796 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.
Yes Bank was amongst the top losers, currently trading at 19.45 in NSE with 0.67 times change in volumes and -4.89% change in price. Other losers included Bse with -3.533% price change and 0.338 times volumes, Page Industries with -3.26% price change and 2.114 times volumes, Tvs Motor with -2.791% price change and 4.478 times volumes, and Pg Electroplast with -2.568% price change and 1.109 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.
UPL shares slump on fund-diversion charge; firm denies allegations. The stock closed at Rs 438 a share, down 10.94 per cent, with a market capitalisation of Rs 33,499 crore
Circulating newspaper PDFs illegal via social media, hurts journalism: INS. Industry body of newspaper media outlets says the practice, which gained steam following lockdown, is in total violation of IPR and is also a threat to society
Madras HC okays I-T Dept appeals against Redington for Rs 142 cr demand. Redington said appellate remedies are available on receipt of order from HC and the firm will take adequate steps to safeguard its interest in this regard
Govt successfully prunes stake in IRCTC by 20% as OFS sails through. Retail investors lapped up all the shares in the offer a day after institutional investor portion was subscribed 1.34 times
Blackstone poised to buy Piramal Glass for billion: Report. The transaction could be announced as soon as in the next few weeks, the report said
SoftBank-backed Ola targets European market for electric vehicle business. The SoftBank-backed ride-hailing firm has roped in Julien Geffard to lead Europe operations for its electric business
IPL boosts Hotstar's subscriber base, accounts for 30% of Disney+ members. The total subscriber base of Disney+ is 86.8 mn as of Dec 2, the company said, implying that the Indian streaming service has a 26-mn member base, up from 18.5 mn subscribers in the Sept quarter
Fitch upgrades IREDA's long-term IDRs to 'BBB-'; outlook negative. The outlook is negative and the outlook on IREDA's long-term IDRs mirrors that on the 'BBB-' sovereign rating
Eros Now targets to take total subscribers to 50 mn by March 2023. The OTT platform, along with its parent's theatrical arm, has invested billion in content creation over the last five years
Carlsberg, SABMiller, UB colluded to fix beer prices in India: CCI report. Top executives of Carlsberg, SABMiller and India's United Breweries exchanged commercially sensitive information and colluded to fix beer prices in India for 11 years, according to an antitrust report
BSNL gets DoT permit to provide mobile services in Delhi, Mumbai. Another state-run PSU MTNL provides telecom services in Delhi and Mumbai and BSNL currently serves the rest of the country.
Amazon Pay revenue grew 64% to Rs 1,370 crore, losses increase 61%. After the closure of the financial year 2019-20, the firm has revised authorised share capital from Rs 6,000 crore to Rs 16,000 crore in an extraordinary general meeting held in September this year
Agrochemicals major Bayer forays into India's home garden segment. The company launches mini packs of hybrids vegetable seeds
CCMB, Apollo Hospitals announce collaboration for dry swab Covid-19 test. The Direct Amplification rapid RT-PCR (DArRT-PCR) test allows for rapid, safer and more cost-effective testing
Grofers eyes fashion segment for higher margins, to stick to private labels. Grofers, which has a strong play in the private labels segment across categories, is likely to follow this strategy in the fashion segment
Mahindra Mobility Services eyes four-fold increase in m-cap in 5 years. This will be largely driven by Mahindra Logistics and unlisted entities in the mobility services space
Nearly 50% employers hired only virtually in 2020, finds Indeed survey. Nearly one in five employers also said that virtual hiring reduced bias in the recruitment process
Corporate earnings growth, Covid vaccine to drive markets in 2021: Analysts. Corporate earnings, especially in the July - September 2020 quarter (Q2FY21), got a boost from lower raw material cost and cost cutting measures adopted by companies in the backdrop of Covid-19 pandem
Swiggy set to onboard 36,000 street vendors under PM SVANidhi scheme. Online food delivery platform Swiggy announced the expansion of its Street Food Vendors programme that will benefit 36,000 people in 125 tier 2 and 3 cities in the first phase.
M&M expects drop in production, sales at auto division over supply shortage. Mahindra and Mahindra (M&M) is expecting reduction in production and sales volume at its automotive division and in its wholly-owned subsidiary in the last quarter of the current fiscal due to global supply shortage of micro-processors. M&M said it is enga
L&T Tech Services wins 0 mn project from a global oil and gas major. L & T Technology Services (LTTS) said on Thursday it has been selected by a global oil and gas major to be the primary engineering partner for supporting two integrated refining and chemicals manufacturing facilities in the United States.It did not name th
India antitrust body raids cement giants UltraTech, LafargeHolcim: Report. India's antitrust body conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement maker LafargeHolcim, two sources said
United Spirits CEO Kripalu quits, Hina Nagarajan to take over from Jul 1. United Spirits Ltd (USL), a part of global liquor giant Diageo, on Thursday appointed Hina Nagarajan as the company's new CEO with effect from July 1, 2021. Incumbent Anand Kripalu will step down on June 30. Nagarajan is currently the managing director of
Air India divestment: Date for qualified bidders extended to January 5. The government said it will intimate qualified interested bidders of Air India on January 5 next year, instead of the earlier decided date of December 29, 2020
Great leaders will make good policy decisions in India: Walmart CEO. McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers
ED arrests 4 of Chennai firm, alleges role in Rs 1,100 cr investment fraud. ED has initiated investigation under PMLA against Disc Assets Lead India Limited, Chennai and others based on FIR registered by Tamil Nadu Police's Economic Offence Wing
Kalpataru Power drops plan for new Mumbai office, cites 'investor feedback'. KPTL had said the plans for the new office in Santa Cruz involved purchasing land for Rs 207 crore
Swiggy partners govt to build 'world's largest' street food vendor project. In the first phase alone, Swiggy will onboard about 36,000 vendors to whom the loan has been disbursed in 125 cities by the government
Steel firms say they are bullish on demand, prices after coronavirus crisis. Recovery has been sharp after the economy opened up, say industry leaders at a conclave
OYO to make further investments in Europe: CEO Ritesh Agarwal. Agarwal was speaking at the India Symposium 2020, organised by the Institute of Chartered Accountants of India (ICAI) Netherlands Chapter and India Dutch Financial Corridor (IDFC)
Family-owned TVS group changes ownership model, to scrap holding company. Brand of .5-billion business allotted to each family group on a perpetual, royalty-free basis.
Throughput at IOC refineries rises to 100% in Nov on growing demand. Demand for petrol is now higher than last year, while demand for diesel continues to lag behind
Wipro Infra Engineering buys automation firm PARI, aims to go global. The focus will be on engineering, aerospace, railways, hybrid industries like pharma and FMCG
Review panel asks vaccine makers to submit more data to get authorisation. Experts ask Bharat Biotech for phase 3 data, Serum's UK approval status
DHFL resolution: Kapil Wadhawan writes to SEBI, RBI against 63 Moons. 63 Moons has filed a writ petition before the Madras High Court seeking attachment of assets belonging to DHFL, Wadhawan said in the letter
Amazon, CII partner to bring e-commerce to small enterprises in 10 states. Amazon.in and CII will work closely with the Ministry of MSME to enable lakhs of MSMEs across these states to leverage technology to reach customers in India and globally
Karnataka HC to hear CCI petition against Amazon, Flipkart in January. In October, the CCI appealed in the Supreme Court against the Karnataka High Court's interim stay on its probe against the e-commerce firms
Heritage Foods exits Future Retail; sells its entire holding for Rs 132 cr. Heritage Foods has sold its entire holding representing over 3 per cent stake in Kishore Biyani-led Future Retail for around Rs 132 crore in the open market to mainly repay its long term loans.
Will take decision on staying invested in India soon: AirAsia CEO Fernandes. The Covid-19 crisis has forced the Malaysia-based AirAsia group to review its investment in the country.
Maruti to increase car prices from Jan as raw material gets costlier. Raw material prices like steel,aluminium, copper and rubber are increasing with the full impact of cumulative increases to be felt in Q3 and Q4 of this financial year
Facebook India revenue jumps 43%, total expenses at Rs 1,046 cr in FY20. India is the biggest user base for Facebook, with around 328 million users. The firm's WhatsApp messaging app has 400 million users in India, also the world's highest.
Protect, prioritse, pivot the new mantras as FMCG CEOs reboot for new year. Workforce protection top of mind for many CEOs at CII's annual FMCG summit held virtually, as world enters early vaccination stage
Maruti Suzuki starts vehicle financing for Nexa customers on its platform. Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion
ICICI Securities OFS subscribed 4.4 times on heavy institutional interest. Another 712,141 shares meant for retail investors will be auctioned on Thursday. Floor price set at Rs 440 a share
Mistry can't cry mismanagement after group valuation shot up, Tatas tell SC. Tata Sons counsel Harish Salve says all Tata companies are doing well, making money; Mistry must prove lack of probilty and impact on his rights while complaining
Selling few iron ore blocks infrequently creates artificial deficit: Jindal. Says people end up paying a huge premium and then the assets become unsustainable
Hiring rapidly, US fintech startup Stripe plots expansion in Asia. Analysts pointed to the difficulties Stripe may face in terms of varying regulations across Asia
S&P Global Ratings revises Tata Steel outlook to stable on earnings rebound. Company's leverage remains high, limiting further rating upside from current 'B+'
Zomato and Swiggy leading food delivery race in the country: Report. A survey showed that when it comes to food delivery from QSR chains; three in five urban Indians (60 per cent) prefer ordering food through apps such as Zomato and Swiggy
Aurobindo Pharma gets USFDA approval for drug used to sedate patients. Drug major Aurobindo Pharma said it has received final approval from the US health regulator for generic of Precedex injection, used for sedation of patients
Amazon may invest 0 million in India's Apollo Pharmacy: Report. Amazon is considering a nearly 0 million investment in India's Apollo Pharmacy, facing up to Reliance Industries and Tata Group in the country's fast-growing drug market, a report said
Vedanta Resources offers dollar bond with one of the highest yields in Asia. The firm is offering the securities with initial price guidance in the 14.5% area, according to a person familiar with the matter
Next gen from Apollo Tyres family floats an Uber for trucking industry. The start-up plans to rope in strategic investors to support its global expansion
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