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NSE share market NEWS tomorrow (08 December, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 December 2020

Canara Bank was amongst the top gainers, currently trading at 137.00 in NSE with 2.498 times change in volumes and 16.695% change in price. Other gainers included Indian Bank with 14.902% price change and 5.817 times volumes, Punjab National with 13.566% price change and 2.744 times volumes, Yes Bank with 9.841% price change and 2.912 times volumes, and Bank India with 8.495% price change and 5.088 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.

Rail Vikas was amongst the top losers, currently trading at 23.35 in NSE with 0.749 times change in volumes and -5.274% change in price. Other losers included Cg Power with -4.966% price change and 0.714 times volumes, Max Healthcare with -4.405% price change and 0.419 times volumes, Odisha Cement with -3.141% price change and 1.434 times volumes, and Jsw Energy with -3.097% price change and 1.26 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.

Serum set for deal with Centre soon; to supply vaccine at Rs 250 a dose. There is still time before SII can start supplying to the low and medium income countries through Gavi

Uber sells its self-driving car business to Aurora for billion. Uber is selling its autonomous driving unit, Advanced Technologies Group, to self-driving car startup Aurora, in a move that would accelerate the ride-sharing company's goal to achieve profitability

India rally could continue next year with banks taking over as RIL peaks. Reliance has accounted for nearly a fifth of the 75 per cent surge in the S&P BSE Sensex from its March bottom

Steel capacity utilisation levels set to drop further to 74-75% in FY21. Capacity utilisation in the domestic steel industry has declined to 77 per cent in FY20 from 88 per cent in FY11.

OYO hands out pink slips to 300 workers from renovation, operations dept. This is in line with the company's efforts to drive technology-enabled synergies and realign of some business functions to other verticals, leading to some redundancies across a few functions

Need to ensure timely roll-out of next generation 5G technology: PM Modi. Modi emphasised that every village will be connected through the high-speed optical fibre network

.5-billion deal of Blackstone-Prestige Estates gets CCI approval. Valued at .5 billion, this is one of the largest real estate deals in the country comprising the sale of 21 million square feet of assets

Entitled to restrain Voda from starting 2nd int'l arbitration: Govt to HC. The high court was hearing Centre' plea against the international arbitration the company has initiated against India under the India-UK BIPA in connection with a tax demand.

Mistry stake valued at Rs 80,000 crore at most, says Tata group in SC. This is in response to Rs 1.78 trn sought by Mistry family; Tata Sons counsel says NCLAT judgement setting aside Chandra's appointment went beyond the scope of judicial review

Tata, Mistry spar over a billion valuation difference. The valuation disagreement marks the latest chapter in a four-year-old wrangle that started with a boardroom coup in 2016 at Tata Sons.

ICE launches WIM LNG futures contracts, to reflect cargoes at Indian ports. ICE is an operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services

Dismantling Murugappa Advisory Board not in investor interest: Arunachalam. She says she learnt about the development from media reports, not from the family

DealShare aims to cross Rs 2500 cr GMV, raises mn from investors. The company has successfully targeted India's fast-growing, mid-income demographic of 500 million new-to-internet users

After many failed attempts, govt tries its luck again at selling Pawan Hans. Experts say finding a buyer for the company will be a challenge even as it holds value in the oil and gas sector

Practo's telemedicine subscription plans record 250% growth in 6 months. Most of the health plan users are from metro cities like Delhi, Bengaluru, and Mumbai

Need urgent policy reforms for accelerated 5G rollout, says Mukesh Ambani. Jio will pioneer the 5G revolution in India in the second half of 2021, he said.

Nokia starts manufacturing next generation 5G equipment at Chennai facility. The facility has manufactured more than 5 million telecom network equipment units over the years

TVS Srichakra to invest Rs 1,000 cr to ramp up capacity at two facilities. The company supplies tyres to a majority of two- and three-wheeler manufacturers in India, apart from having a significant presence in the domestic aftermarket

Godrej Properties buys 18-acre land in Bengaluru to build housing project. Realty firm Godrej Properties has bought an 18-acre land parcel in Bengaluru to develop a housing project, as part of its expansion plan

Bain & Co, BCG and Amazon top recruiters as IIM-A wraps summer placements. IIM Ahmedabad follows a round system of final placements process where sectors are invited in cohorts at regular intervals

India to soon benefit from investments world has made on 5G: Sunil Mittal. India is poised to derive full benefit of global investments on 5G standards in the coming two-three years, as equipment prices come down and devices become available, Sunil Mittal said

Nokia starts production of its next generation 5G equipment in India. Telecom gear maker Nokia said it has started production of 5G equipment in India and they are being shipped to countries that are in advanced stages of deploying the next-generation technology

Reliance Jio to launch 5G network in second half of 2021: Mukesh Ambani. Mukesh Ambani asserted that Reliance Jio's 5G network will be powered by indigenous-developed network, hardware and technology components

Jio to roll out 5G services in India in second half of 2021: Mukesh Ambani. "I assure you that Jio will pioneer the 5G Revolution in India in the second half of 2021. It will be powered by indigenous-developed network, hardware and technology components," Ambani said

Adani Green sees a 565% stock rally: A bn firm with no analyst coverage. With a free float of about 21%, Adani Green is one of the most illiquid stocks in the Nifty 100 gauge, data showed

Pfizer working on cold storage issues to ensure temperature integrity. The company has developed detailed logistical plans and tools to support effective vaccine transport, storage, and temperature monitoring.

After NCR, DLF to delve into Mumbai, Chennai residential-property markets. The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt.

Coffee Day appoints late founder V G Siddhartha's wife as CEO. Daughter of former Karnataka chief minister SM Krishna, she was earlier non-exec director at the firm; has been named at a time when the company's growth continues to decline

Jet Airways may resume operations next year: Jalan-Kalrock consortium. The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital - which has won the bid to revive Jet Airways - on Monday said it expects to start operating the airline by the summer of 2021. The consortium is awaiting the NCLT and ot

Google Pay, PhonePe account for 82% of UPI market by volume in Nov. New entrant into the market WhatsApp Pay had done 300,000 transactions in November, worth Rs 13.87 crore

Coffee Day appoints late founder V G Siddhartha's wife as new CEO. Bengaluru-based Cafe Coffee Day runs hundreds of coffee shops across India that brew cappuccinos and lattes for India's booming moneyed class.

L&T wins orders for supply of mining equipment to coal, cement sectors. S N Subrahmanyan, managing director and chief executive officer of L&T, said, these orders are a strong indication of the revival taking place in the mining industry

Finolex Cables targets Rs 500 cr revenue from new vertical by fiscal 2022. The company is eyeing at least Rs 500 crore revenue from its new consumer-facing electrical accessories business by the next fiscal.

Vistara, Singapore Airlines agree to strengthen ties for improved services. Vistara is a joint venture between Tata Sons Private Limited and Singapore Airlines (SIA).

Kalpathi Group's ed-tech arm Veranda acquires Chennai Race for Rs 100 cr. New brand Veranda Race will initially offer online training programmes for Banking, Staff Selection Commission and TNPSC; also plans course content in 11 Indian languages by December 2021

Hindalco invests Rs 730 cr in 34,000 tonne extrusion facility at Silvassa. Company aims to invest Rs 7,000 crore in downstream segment over next few years

IndiGo to refund customers for flight cancellations due to Covid by Jan 31. IndiGo said it will refund all customer credit shells, which were created when flights were cancelled due to the coronavirus lockdown earlier this year, by January 31, 2021

L&T bags orders for supply of 90 units of Komatsu Mining Equipment. Infrastructure major Larsen & Toubro (L&T) on Monday said it has receivedorders for supply of 90 units of Komatsu Mining Equipment. "The construction and mining equipment business of Larsen a Toubro... hassecured multiple orders for supply of 90 units of K

NTPC offers to buy back its Rs 4,000 cr masala bonds from lenders. State-run power giant NTPC has made an offer to buy back its masala bonds worth Rs 4,000 crore from bondholders or lenders

Discoms' dues to generators jump 34% to Rs 1.2 trillion amid Covid-19 hit. The pandemic continues to have a wider impact on India's power sector in the current financial year, affecting both demand and supply, and hiking the stress levels of state discoms

Key data from Brazil-based world's 3rd largest plane maker Embraer leaked. Brazilian company Embraer which is the third-largest airplane maker after Boeing and Airbus, has become latest victim of a ransomware attack, reports said.

HDFC Bank's frequent digital outages credit negative, says Moody's. The recurring outages also risk hurting the bank's brand perception among a growing and increasingly digital-savvy customer base, and increase the chances of clients switching to other banks

Franklin warns investors may lose for voting against bn wind up plan. Electronic voting will take place Dec. 26 to 28 on the asset manager's plan, according to a statement from the company Monday

Mastercard to investigate allegations of child abuse against Pornhub. Mastercard said on Sunday it was investigating allegations against Pornhub.com following a newspaper column which said many videos posted on the adult website depicted child abuse

CEO Delaporte turning around Wipro as stock rally 70% since appointment. Delaporte slashed the top ranks of leadership from 25 people to four. He stepped up acquisitions, with more on the way

Go big or bow out: Tata at crossroads as airline biz reaches critical point. India has been trying unsuccessfully to sell its unprofitable national airline for years

Nissan Motor receives 5,000 bookings for its compact SUV Magnite. More than 60 per cent of the bookings have been received for the top 2 grades (XV and XV Premium)

Hired more than 7,000 employees in UK in last five years, says TCS. Women make up 28 per cent of employees, much higher than the 17 per cent average in the UK IT sector.

Dhoot admits 'not genuine' financial deals with Kochhars, says ED. Dhoot statement is part of the ED's fresh submission to PMLA court

Barclays India scales down exposure to banks to Rs 3,090 cr in FY21. The bank's loan book reduced 33 per cent year-on-year in 2019-20 (FY20), largely led by higher repayments in the shorter tenure of the book.

CBI books Unitech MD, family in Canara bank fraud; carries out searches. The Canara Bank has alleged that the company had been availing credit facilities from it on the basis of personal and corporate guarantees from Chandras

M-cap: Six of top 10 valued domestic companies add Rs 91,629 crore. During the last week, which was holiday-truncated, the Sensex rallied 929.83 points or 2.10 per cent.

CAIT demands 'strict action' against Amazon for alleged violation of laws. Traders' body CAIT said it has written to the ED seeking "strict action" against Amazon, claiming that the e-commerce major has caused "misery" to small traders by resorting to predatory pricing

Raymond cautiously optimistic about business recovery amid Covid, says CMD. Raymond, which has its majority business interests in textile and apparel, is "cautiously optimistic" about recovery amid the Covid-19, its Chairman and Managing Director Gautam Hari Singhania said

November domestic pharma sales grow just 1% after strong show last month. Oct growth rate was 9.6%; Most big corporates saw volumes drop in November

Dabur, Marico hit out against each other at ASCI over claims on honey. Two leading homegrown rival FMCG brands Dabur and Marico are in an open spat with each other over claims regarding their honey brands and have taken the matter to advertising regulator ASCI. Dabur on Sunday said it is filing a complaint against rival Maric

Singapore-based Everstone buys controlling stake in Calibre for Rs 1,000 cr. Singapore-headquartered, India-focused PE firm Everstone Capital bought a controlling stake in Calibre, a specialty ingredients player focused on pharma, in a reported Rs 1,000-crore deal

Daimler India to set up 350 new dealerships across country in next 2 years. Daimler India, which recently set up 10 new touchpoints, plans to have at least 350 dealerships pan-India in the next two years as it looks to deepen market penetration, a top company executive said

Future of co-working bright, operators may face trouble in next yr: Expert. Co-working segment has a bright future and will grow post-Covid-19 pandemic, but operators may face a lot of pain in the next one year, according to top property consultants

Banks need to hire chief risk officers to deal with cybercrimes: Deloitte. The banking industry needs to upgrade its IT infrastructure and appoint experienced chief risk officers to effectively deal with incidence of cybercrimes, says a report by Deloitte India

NCLAT stays order on ArcelorMittal to pay for using slurry pipeline. As per earlier NCLT Ahmedabad Bench order, ArcelorMittal had to pay Rs 1,300 cr for using pipeline to run Essar Steel by Dec 15

IRFC's Rs 4,600 cr IPO may launch this month; 1st by any public sector NBFC. Indian Railway Finance Corporation initial public offering of about Rs 4,600 crore may hit the markets later this month, a first by a non-banking financial company in the public sector

Zypp to expand e-scooter fleet to 10,000 next year, get more female riders. Zypp Electric, which operates in the last-mile delivery space, plans to expand its fleet to 10,000 e-scooters over the next 12-14 months and onboard more riders, including women

Foreign funds colonising Indian startups: Naukri.com founder Bikhchandani. Naukri.com and Zomato investor said foreign funds are the new East India Company that are colonising successful Indian startups by transferring ownership abroad to skip Indian regulations and taxes

Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO. Earlier in October, the Reserve Bank of India (RBI) did not approve Axis Bank''s proposal to raise its stake up to 29 per cent but scaled it down to an aggregate of 19.02% with the subsidiaries

India Inc borrowings from foreign markets down 41% to .03 billion in Oct. No amount was raised by way of rupee-denominated bonds (RDBs) or masala bonds during the month under reporting in 2020 and 2019

Discoms' outstanding dues to power gencos up 29% to Rs 1.38 trn in Oct. Distribution companies (discoms) owed a total of Rs 1,06,734 crore to power generation firms in October 2019

UltraTech Cement shares close with over 4% gain on investment plan. The country's largest cement maker on Thursday announced a Rs 5,477-crore investment to add 12.8 million tonnes (MT) capacity

NCLT Mumbai approves RIL arm's resolution plan for Reliance Infratel. The National Company Law Tribunal (NCLT) has approved a resolution plan for Reliance Infratel submitted by a group entity of Reliance Industries, according to a regulatory filing. "... the resolution plan submitted by Infrastructure Projects - a division o

HC stays trial court order to Religare ex-CMD to surrender in two days. The high court also issued notice to the Enforcement Directorate (ED) and sought its stand on the appeal by December 17

Maruti Suzuki's production in November rises 6% to over 1,50,000 units. The company had produced nearly 1,42,000 units in the same month last year.

Govt extends NMDC's Donimalai iron ore lease after two-year suspension. Centre signs agreement with Karnataka govt and Ministry of Steel in this respect

Flipkart unveils 2GUD Local to connect offline retailers with customers. The new format will offer offline stores, brands an opportunity to unlock benefits of technology and social commerce hybrid retail model to reach millions consumers

Ikea to open second Indian store in Navi Mumbai on December 18. The over five lakh sq ft store would be the second store for Ikea in India after Hyderabad, where it had opened its first store in August 2018.

MobiKwik raises Rs 52 cr from HT group, Kris Gopalakrishnan's family office. Fintech firm MobiKwik on Friday said it has raised Rs 52 crore in funding, led by Hindustan Media Ventures

Cement prices in southern India rise 18% over strong production discipline. Prices in Maharashtra are up by around 10 per cent at Rs 354 a bag, supported by higher prices in the South, which is a key supplier

Pixxel to launch remote-sensing satellite on Isro rocket in early 2021. With India allowing private companies to operate within the premises of Isro, this is expected to create huge opportunities for the country's fledgling aerospace start-ups

63 Moons Technologies to challenge Sebi order in STP services case. Generally, financial firms use STP to pass information electronically in order to optimise the speed at which they process transactions

DCGI reassures all protocols being followed in Serum's clinical trials. The ethics committee has seven members, including a chairperson who has to be from outside the institution where the trial is being conducted.

ONGC Videsh makes fourth commercial oil find in its Colombian block. OVL is the operator in the block with a 70 per cent stake, along with its partner Geopark

Ikea to launch its second physical store in India at Navi Mumbai on Dec 18. After first store in Hyderabad in 2018, firm took online route with e-stores in Mumbai, Hyderabad and Pune. Latest launch indicates it will pursue its big-box retail plans in India

CBI searches 3 locations in Delhi in Rs 1,800-crore bank fraud case. The CBI on Friday carried out searches at three locations here after booking Jay Polychem Ltd in a Rs 1,800-crore alleged bank fraud in the State Bank of India, officials said.

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