NSE share market NEWS tomorrow (07 December, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (07 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 December 2020
Ncc was amongst the top gainers, currently trading at 57.00 in NSE with 1.063 times change in volumes and 10.358% change in price. Other gainers included Indian Rail with 7.701% price change and 0.748 times volumes, Max Healthcare with 6.671% price change and 1.436 times volumes, Syngene Internatio with 6.581% price change and 8.197 times volumes, and Bharat Dynamics with 6.153% price change and 10.744 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.
Astral Poly was amongst the top losers, currently trading at 1452.35 in NSE with 0.83 times change in volumes and -4.157% change in price. Other losers included Central Depo with -3.546% price change and 0.261 times volumes, Adani Green with -2.08% price change and 1.821 times volumes, Phoenix Mills with -1.696% price change and 0.767 times volumes, and Jsw Energy with -1.668% price change and 0.261 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.
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.
Nestle to recycle 100% packaging by 2025 to reduce carbon footprint. Globally, firm aims to become net zero by 2050 via reduced use of water at farms, sustainable packaging and use of green energy at all its 800 plants and warehouses
Cox & Kings case: ED chargesheets Rana Kapoor, Peter Kerkar, 10 others. The latest findings by the ED probe in the CKL matter revealed that the entire gamut of siphoning off of funds and diversion of loan money from various banks stood at Rs 6,968 crore
Dept of Space inks NDA with small satellite launch vehicle maker Agnikul. Agnikul, a Chennai-based start-up, is building a small satellite launch vehicle
Nestle to spend .6 billion over next 5 yrs to cut carbon footprint. The company is taking measures to halve its carbon emissions by 2030 and achieve net-zero emission by 2050, even as the company grows
YES Bank takes on lease 62,500 sq ft office space in Noida from Max group. Max group's realty arm Max Estates on Thursday said it has leased 62,500 sq ft of office space to Yes Bank in its commercial project in Noida, Uttar Pradesh. Max Estates is a subsidiary of Max Ventures & Industries Ltd (MaxVIL). In a statement, the company
Airtel gains 2.3 million more subscribers than Reliance Jio in September. Jio has 35.1 per cent market share, followed by Airtel (28.4 per cent), and Vodafone Idea (25.7 per cent).
FSSAI questions CSE for not conducting SMR test on honey brands. On Wednesday, environment watchdog CSE claimed that honey sold by several major brands in India has been found to be adulterated with sugar syrup.
Domestic carriers may post loss of Rs 21k cr in FY21 on revenue loss: Icra. The ratings agency has also revised downward its passenger traffic forecast with domestic passenger traffic estimated to decline 62-64 per cent this fiscal from the earlier forecast of 41-42 per cent
T Rowe hikes Paytm's valuation by 35% to take enterprise value to bn. The mutual fund company had earlier cut down the valuation of Paytm to 8 a share due to the impact of the Covid-19 pandemic
Harley-Davidson's India dealers seek a 'fair deal' of compensation. Harley-Davidson's dealers association on Thursday demanded a "fair deal" of compensation from American cruiser bike major, before it exits the country
PMLA tribunal directs "status quo" on Chanda Kochhar's properties. Next hearing slated for February
Toyota to resume production with limited staff amid face-off with union. Though state labour dept ordered workers to call off strike and resume operations on Nov 19, company says less than 10% returned, forcing it to extend lockdown four days later
IndiGo scraps leave without pay for staff, says 70% pre-Covid level reached. On Wednesday, airline said it is operating 1,000 daily international and domestic flights
Moody's downgrades Vedanta Resources' CFR to B2 citing weak liquidity. Revised ratings on firm's senior unsecured bonds from "B3" to "Caa1". All ratings remain under review for further downgrade
Standard Life sells 27.8 mn shares to prune stake in HDFC Life to 8.89%. Deal struck at Rs 619.25 a share, raising Rs 1,720 cr; sale represents 1.38 per cent stake
Future-Reliance deal: Regulator Sebi awaits clarification before go-ahead. In August, Reliance Industries announced acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business.
JSW Steel sweetens offer by Rs 400 cr to close Bhushan Power deal. Proposal was made last week, payment subject to bank guarantee or indemnity from lenders, so that in case SC rejects resolution plan, settlement amount will be reversed
UltraTech Cement to invest Rs 5,477 cr to raise capacity by 12.8 mn tonnes. Expansion could be a mix of brown and green field projects; demand in eastern part of India strongest of all regions, say brokerages
SC allows Franklin Templeton to seek investors' nod for winding up schemes. Top court slams Sebi for staying on sidelines when unitholders began redeeming their investments; redemptions to remain suspended till further notification
HCL Tech's Roshni Nadar tops the list of India's wealthiest women. Kotak Wealth Hurun-Leading Wealthy Women features eight dollar billionaires and 38 women with wealth of Rs 1,000 crore and above
Tata Power fully repays Mundra unit's bank loans worth Rs 4,150 cr. Mundra unit's long term debt now stands at Rs 3,790 crore and comprises bonds and debentures
Reliance Infratel resolution gets NCLT nod; lenders may get Rs 4,400 cr. The resolution plan was approved by 100 per cent votes of the committee of creditors.
Flipkart to spin-off PhonePe, payments firm to be valued at .5 billion. Move will help PhonePe access dedicated, long-term funds for its growth plans. In this financing round led by Walmart, PhonePe is raising 0 mn primary capital at post-money valuation of .5 bn
Flipkart partially spins off PhonePe in 0 million fundraising round. E-commerce major Flipkart announced a "partial spin-off" of PhonePe as the digital payment firm raises 0 million in funding, valuing it at .5 billion
Radhakishan Damani, others sell 0.79% stake in Tata's Trent for Rs 202 cr. Radhakishan Damani, promoter of Avenue Supermarts, and persons acting in concert have trimmed stake in Tata group's retail arm, Trent, by selling shares for an estimated sum of over Rs 202 crore
Alembic Pharma gets USFDA nod for pills to treat salt, water retention. Alembic Pharmaceuticals said it received approval from the US health regulator for Metolazone tablets, indicated for the treatment of salt and water retention caused by heart failure or kidney disease
Siemens Gamesa fires top India exec over lack of due diligence in dealings. Siemens Gamesa Renewable Energy's India unit fired a top executive after an investigation found he failed to conduct appropriate due diligence when engaging a consultancy with political connections
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