NSE share market NEWS tomorrow (14 October, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 October, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 October 2020
Info Edge was amongst the top gainers, currently trading at 3740.55 in NSE with 1.203 times change in volumes and 4.502% change in price. Other gainers included Tata Consumer with 4.446% price change and 3.548 times volumes, Sbi Cards with 4.181% price change and 3.91 times volumes, Bajaj Finserv with 3.961% price change and 2.816 times volumes, and Icici Lombard with 3.73% price change and 1.208 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.
Coforge was amongst the top losers, currently trading at 2606.70 in NSE with 0.798 times change in volumes and -6.82% change in price. Other losers included Wipro with -6.783% price change and 2.054 times volumes, Fortis Healthcare with -4.8% price change and 2.208 times volumes, Ntpc with -4.295% price change and 4.094 times volumes, and Trent with -3.297% price change and 0.721 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.
Bharat Dynamics Limited pays final dividend of Rs 35 crore to government. Bharat Dynamics Limited, a Hyderabad based Defence Public Sector Undertaking has paid final dividend of Rs 35.018 crore to the government of India
Reliance Jio continues to remain the fastest mobile network: Trai. Vodafone recorded the highest speed in terms of upload in September, according to the latest data from the telecom regulator
Food delivery volumes back to 85% of pre-Covid levels, says Swiggy. The recovery is taking place owing to multiple rounds of unlocks and restaurants opening up for business.
Wipro board approves Rs 9,500-crore share buyback; revenue up 1.4%. The company is looking at buying 237.5 million equity shares, or 4.16 per cent of its paid-up capital, though the date of the programme has not been fixed.
Abbott launches next gen heart rhythm management devices in India. Healthcare major Abbott on Wednesday said it has launched next-generation heart rhythm management devices in India
CLP Wind Farms raises Rs 300 cr through non-convertible debentures. The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses
Walmart-backed payments firm PhonePe launches vehicle insurance service. Firm says users don't need to upload documents before making a purchase and they can view their policy documents instantly
Telecom a force-multiplier for all sectors, is an essential service: COAI. Telecom sector with transformational powers is set to be a force-multiplier for other sectors, and the government needs to view it as an essential service and enabler for industries, COAI said
Gujarat: Tanishq store puts up apology note after furore over withdrawn ad. A Tanishq showroom in Gandhidham town of Gujarat's Kutch district has put up a note on its door, apologising to Hindus in the district over the brand's controversial TV ad which was withdrawn
Infosys Q2 consolidated net up 20.5% YoY at Rs 4,845 cr; ups FY21 guidance. On a sequential basis, profit grew 14.45 per cent.
15% of start-ups have halted operations due to Covid-19 pandemic: Report. The impact of Covid-19 has been severe on the Indian start-up ecosystem during the lockdown as 15 per cent of start-ups have halted operations
Alstom's e-locos approved for freight locomotives to run at 120 kmph. Electric locos allow heavy freight trains to haul 6,000 tonnes at a top speed of 120 kmph and they are expected to increase the average speed by at least 20-25 kmph
Housing sales may increase by 35% in Oct-Dec on festive demand: Report. The coming festive season is likely to witness a surge in demand for residential properties and the housing sales may rise 35 per cent across the top 7 cities during the Oct-Dec period on a QoQ basis
Biyani's 'very honest' admission of why he had to sell Future Group to RIL. Future Group's Kishore Biyani said the retail major lost nearly Rs 7,000 crore revenue in first three-four months of the pandemic due to closing of stores, which led him to sell his business to RIL
Mercedes-Benz reports 38% drop in sales at 2,058 units in India for Q3. German luxury car maker Mercedes-Benz on Wednesday reported a 38.64 per cent drop in its sales at 2,058 units in India in the third quarter of the ongoing year but almost reached its pre-COVID sales level. The company had sold 3,354 units in the July-Septe
Amazon opens largest fulfilment centre in Bengal ahead of festive season. The facility has a capacity of 1.2 mn cubic ft; firm triples storage at an existing centre for large appliances and furniture to 600,000 cubic ft
US watchdog probes Jockey's India partner over rights abuse allegations. Page has denied wrongdoing and called allegations of verbal abuse and workplace intimidation against employees 'outrageous'
Covid-19 impact: CRISIL downgrades Thomas Cook India's rating to A+. The ratings are a result of the pandemic weakening the company's business and financial risk profiles
Glenmark Pharma launches pulmonary fibrosis treatment drug in India. Glenmark Pharma announced the launch of its generic version of Nintedanib (NINDANIB), used for the treatment of pulmonary fibrosis, in India
Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed. Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year
Tatas, private equity investors in talks with BigBasket for stake buy. Firm continues to see huge traction as it enters year-end sale period
Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant. Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state. The project will entail an investment of up to Rs 10,000 crore. Spread over 415 acres, the facility
Covid-19: Bharat Biotech cuts Covaxin phase-2 clinical trial size by half. For phase-2 studies, the firm is also testing the vaccine on children above 12 years of age. In phase-1, they only tested adults.
3.9 million flyers in September, 66% lower than last year, says DGCA. India's largest airline, IndiGo's market share came down to 57.5 per cent from an all-time high of 60.4 per cent in July
Vedanta's failed delisting triggers debate on FDI tag, limited disclosure. Officials said the assumption that Vedanta's delisting would have been successful at a price of Rs 140 was "completely misplaced
Centre mandates all ministries, public depts to use BSNL, MTNL services. The memorandum dated October 12, was issued to all secretaries and departments under the central government following consultation with the finance ministry
Tata Steel BSL posts Rs 341.71 crore net profit for September quarter. Tata Steel BSL on Wednesday posted a consolidated net profit of Rs 341.71 crore for the quarter ended September 2020, helped by higher income
GreenBase, Tamil Nadu sign MoU to set up industrial, logistics park. The setting up of the park would see creation of multiple direct and indirect jobs besides boosting the socio-economic growth in the regiongreenbase
TCS to recruit 10,000 staff in US by 2022 after demand for services surges. The Mumbai-based company has hired over 21,500 employees in the past five years in the US
Infosys outshines rivals with Q2 performance; net profit jumps 20.5%. Revenue grows 86%; firm revises revenue and margin guidance upward
Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant. Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state.
After TCS, Infosys announces salary hikes as sector overcomes pandemic. Hike will be effective from January 1 next year, quantum to be similar like last year
Hindustan Zinc, Gujarat govt sign MoU for Rs 10,000 cr greenfield smelter. Located over 100 km from Hazira port and 90 km from the upcoming Magdala port, the unit will occupy 415 acres and will be operational by 2022
Oil PSUs to float online portal to promote Aatmanirbhar Bharat campaign. Public sector oil companies will launch a portal to provide information on their capital goods requirements to domestic industry in line with the government's Aatmanirbhar Bharat campaign
Property developers give up profit margins for sales volume: Analysts. Margins in residential projects have come down from 20-30 per cent last year to 8 to 10 per cent in today's market
CCEA gives in-principle nod to demerger, strategic disinvestment of NSP. After the demerger, NSP will become a separate company and the managements of NMDC and NSP will be accountable for their respective operations and financial performance
Coolpad aims to sell 300,000 mobile phones during festive season. Mobile phone company Coolpad expects a twofold jump during the festive season in the country with a total sale of 300,000 handsets, a top company official said on Wednesday
Infosys to roll out salary hikes from Jan 2021, incentives to junior staff. India's second-largest IT services firm Infosys on Wednesday said it will roll out salary hikes and promotions across all levels effective January 1
E-commerce industry sees order volume growth of 31% during July-Sept 2020. After the lockdown was lifted across the country, this was the first quarter in which businesses were operational in a large part of the country
Jio adds 3.5 million customers in July, Voda Idea loses 3.7 million: Trai. Bharti Airtel added a net 3.26 million wireless subscribers during the month.
DHFL may get lukewarm response to asset sales, bids expected for just a few. Lenders bracing for a steep haircut as foreign bidders back out
Keenly interested in 5G trials, will comply with govt norms: Voda Idea. Telecom operator Vodafone Idea Ltd on Tuesday said it is "keenly interested" in conducting 5G trials, and asserted that the telco will fully comply with government policy on the issue
Jio fastest network with 19.3 mbps download speed; VIL tops in upload: Trai. Reliance Jio continues to remain the fastest mobile network with an average download speed of 19.3 mbps, while Vodafone recorded the highest speed in terms of upload in September
GoAir pilots shut down P&W engine mid-air, even after fixes: Report. The twin-engine jet, operated by Go Airlines India Ltd, landed safely using its other engine in the western city of Ahmadabad on Sept 19
All about Vedanta's 'failed' delisting plan and what investors should do. Listen to the podcast to know about Vedanta's failed delisting plan, what lies ahead for the company, and what should be the investors' strategy
Wipro board approves Rs 9,500 crore buyback at Rs 400 per share. Plans to buy 237.5 mn shares or 4.16% of paid-up capital, on a proportionate basis from existing shareholders under the tender-offer route
Wipro Q2 PAT down 3.4% YoY at Rs 2,465.7 cr; announces Rs 9,500 cr buyback. The company had posted a profit of Rs 2,552.7 crore in the year-ago period
Infosys Q2 preview: Large deal wins to drive revenue growth, say analysts. Edelweiss Securities expects revenue to grow 3.9 per cent QoQ in constant currency terms and 5.4 per cent QoQ in US dollar terms.
Godrej Properties buys land in Bengaluru for 1.6 mn sq ft housing project. Acquires 15 acres for undisclosed sum in Sarjapur, a preferred locations with good connectivity to Outer Ring Road and several other key hubs of the city
Phase 1 of EV charging grid set-up to be completed by yr-end: Ather Energy. Electric vehicle startup Ather Energy on Tuesday said the first phase of its plans of setting up charging grid across over 135 locations would be completed by the year-end
Vodafone Idea strikes big data deal with IBM to enhance customer experience. As VI's (formerly Vodafone Idea) strategic technology partner, IBM is leading the end-to-end implementation and management of the platform
ASK PIA invests Rs 125 cr in Gulshan Homz's mixed-use project in Noida. Both projects are in line with ASK PIA''s strategy of providing funds to projects to facilitate project execution and completion
Blade's India unit starts personalised air charter service Blade Anywhere. US-based helicopter transport services provider Blade's Indian subsidiary on Tuesday announced the launch of an end-to-end personalised air charter service 'Blade Anywhere'
CCI clears acquisition of solar energy assets by Adani Green-Total Solar JV. Competition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar. Adani Green Energy Twenty Three Ltd -- a joint venture of Total Solar Singapore Pte Ltd and Adani Green En
Tanishq withdraws ad on interfaith family after #BoycottTanishq trends. Jewellery brand Tanishq on Tuesday withdrew its ad showing an interfaith family following a sharp backlash on social media with some accusing the company of promoting love jihad' and fake secularism'
Maruti to launch 1 SUV every 6 months till 2023, strengthen pole position. First off the block will be a new multi-purpose vehicle (MPV) which is being co-developed with Toyota - Suzuki's alliance partner. The model will also wear a Toyota badge
Road developers take conciliation route for claims amid liquidity crunch. Debt resolution, Covid-related liquidity concerns, and a long legal process acting as deterrent are some reasons pushing firms to pursue conciliation
Vedanta to return .5 billion funds after delisting plan fails: Report. Vedanta Resources Ltd will repay .4 billion raised via bonds and another .1 billion in loans, with a small amount of interest, as early as this week
Paytm CEO doubles commitment, aims Rs 200-cr investment fund by Dec. Paytm founder and CEO Vijay Shekhar Sharma on Tuesday said he has doubled his commitment for an investment fund being set up by alternative asset manager Root Ventures. Root Ventures expects to close the fund in December with a corpus of Rs 200 crore, acco
Airtel, Aakash Educational to launch TV channels for JEE, NEET coaching. Bharti Airtel DTH arm Airtel Digital TV and coaching institute Aakash Educational Services on Tuesday launched two dedicated TV channels for preparation of medical and engineering entrance exams.
Tepid response to Federal Mogul OFS, bids received for less than 10% shares. Market participants said high valuation and low liquidity at the counter was behind the poor response
Airports see uptick in retail sales, line up sweeteners for passengers. Bengaluru airport in process of finalisng new brands for its retail and F&B zone
IPL playing key role in recovery of food delivery firms Swiggy, Zomato. Analysts say that due to IPL event food delivery volumes are seeing a jump and foodtech companies are capitalising on that demand
Buybacks for FY21 cross last yr's tally after announcements from TCS, Wipro. Change in tax structure leads to revival of share repurchase programmes
Walmart, Flipkart make fresh investment in supply chain tech firm Ninjacart. For Bengaluru-based Ninjacart, the investment further deepens the partnership with Walmart and the Flipkart Group to improve its offerings and enhance the customer experience
Walmart, Flipkart Group pump in additional investment in Ninjacart. Walmart and Flipkart Group on Monday announced a fresh round of investment in Bengaluru-based business-to-business (B2B) supply chain company Ninjacart
Miko gets Rs 23 cr funding from Stride Ventures, Chiratae Ventures, others. Stride Ventures on Monday said it has led an investment round of Rs 23 crore in Miko, an India-born robotics firm
PE firm PAG-led group to buy pharma firm Anjan Drug for undisclosed sum. Target company makes and supplies active pharmaeutical ingredients in the central nervous system space to some of the world's largest drug makers
Food delivery volumes in India reach pre-Covid-19 peaks: Zomato CEO. The food delivery volumes in India have reached pre-Covid-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday
Tamil Nadu signs 14 MoUs worth Rs 10,000 cr, to create 7,000 new jobs. Among the companies that have committed investments are JSW Renew, Britannia, Apollo Tyres, Li-Energy for EV battery packs, Britannia and Hyundai Wia
Mahindra Logistics adds over 10,000 seasonal jobs ahead of festive season. Mahindra Logistics on Monday said it has added 10,100 seasonal jobs ahead of the festive season and will retain a significant number of these employees
Pharma, FMCG push hiring activity in India by 24% in September: Naukri.com. Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24% in September compared to the previous month
Six Indian startups that beat the pandemic to become unicorns this year. Three unicorns have emerged in fintech space and one each in software, edtech and beauty space. A unicorn is a privately held startup that is valued at billion or more
FB appoints Sunil Abraham to shape its stance on tech policy in India. Abraham joins FB as the Public Policy, Director for Data and Emerging Tech
Razorpay raises 0 million from GIC, Sequoia Capital India and others. Payments solution provider Razorpay said it has raised 0 million (about Rs 731 crore) in a funding round co-led by Singapore's sovereign wealth fund GIC and Sequoia Capital India.
Wipro Q2 preview: CEO's strategy to revive growth, Q3 growth guidance eyed. Key focus areas include commentary on verticals such as healthcare and retail and an update from the new management on the company's growth strategy.
PepsiCo to set up potato chips output unit in UP with Rs 814 cr investment. The greenfield (new) unit is being set up in Kosi, Mathura, on 35 acres of land provided by the UP State Industrial Development Authority (UPSIDA), an official statement issued here said
Intel partners with Telangana govt to launch applied AI research centre. The facility applies AI to population-scale problems in the Indian context, with focus on identifying and solving challenges in the healthcare and smart mobility segments
In a first, Amazon Pay, Uber partner to allow Indian users to pay for rides. India is the first market where the two American companies have formed such an alliance
CarDekho to open 50 offline stores in India within 6 months. CarDekho to open 50 offline stores within 6 months as used car demand rises
HC seeks Centre, SBI stand on Anil Ambani plea to include Chinese banks. The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now
Infosys completes acquisition of US-based firm Kaleidoscope Innovation. IT services major Infosys on Monday said it has completed the acquisition of US-based product design and development firm Kaleidoscope Innovation.
PAG-led consortium to invest mn for controlling stake in Anjan Drug. Private equity fund PAG is picking up a controlling stake in active pharmaceutical ingredient (API) maker Anjan Drug for over USD 70 million, sources said on Monday
Jio becomes first telco to cross 400 million subscribers mark: Trai. The overall telecom subscriber base increased marginally to 116.4 crore in July from 116 crore in June
BPCL considers raising engine oil market share to 13-14% by March. The second-largest national oil marketer is also expecting to increase its rural volumes to 60 per cent and above by the end of this fiscal, from 45-50 per cent now
BookMyShow adds safety shield tag for safe movie-watching experience. BookMyShow has added a new safety shield tag to help create awareness about the various safety and hygiene measures available across various properties listed on the platform
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