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NSE share market NEWS tomorrow (24 September, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 September 2020

Apollo Hospitals was amongst the top gainers, currently trading at 1947.65 in NSE with 4.04 times change in volumes and 7.143% change in price. Other gainers included Adani Green with 4.879% price change and 6.592 times volumes, Pg Electroplast with 4.817% price change and 0.788 times volumes, Tube Invest with 2.41% price change and 24.279 times volumes, and Multi Commodity with 2.234% price change and 1.239 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.

Mphasis was amongst the top losers, currently trading at 1265.15 in NSE with 1.773 times change in volumes and -8.594% change in price. Other losers included Ashok Leyland with -8.424% price change and 1.21 times volumes, Indusind Bank with -7.158% price change and 1.045 times volumes, Interglobe Aviatio with -6.658% price change and 0.894 times volumes, and Bajaj Finance with -6.626% price change and 1.405 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.

Allowed to share GPay transaction info with NPCI permission: Google to HC. The high court on Thursday listed the matter for hearing on November 10 as the Centre and Reserve Bank of India (RBI) have not filed their responses yet

UTI MF, Mazagaon Dock IPOs open Sept 29, Angel Broking sees muted demand. The Rs 600-crore IPO of Angel Broking garnered nearly four times subscription

ShareChat raises mn from investors including Twitter, Lightspeed. The latest funds will be used to drive growth for ShareChat's short-video app Moj, the company said in a statement, a platform which is similar to TikTok

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data. Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

ShareChat raises mn from investors including Pawan Munjal, Twitter. The other investors include DCM Shriram Promoters Family and SAIF Partners

Sun Pharma arm recalls one lot of diabetes drug Riomet ER oral in US. Sun Pharma has said it is voluntarily recalling one lot of Riomet ER oral suspension in the US market, due to the presence of a probable human carcinogen above the acceptable daily intake limit.

Adani's acquisition of Mumbai Airport from GVK gets CCI green signal. The Competition Commission has approved Adani Group's proposed acquisition of controlling stake in Mumbai airport from GVK Airport Developers under the green channel route

Fire at ONGC plant snaps supplies; gas from Uran diverted to meet shortfall. The fire broke out at around 3 am at Oil and Natural Gas Corp's (ONGC) Hazira gas processing plant and was extinguished by 7.30 am, the company said in a tweet

RITES bags Rs 206 crore contract for road over bridges in Andhra Pradesh. The order covers the construction of four roads over bridges in replacement of level crossings on the Vijaywada-Vishakhapatnam section

IT firms likely to send more work to India as US proposes H-1B visa changes. Indian companies may step up US hiring after Trump administration's proposal to make changes in visa rules.

After ending ties with Brookings, CSEP brings Adi Godrej, 6 others on board. The board will be expanded further to include a diverse mix of industrialists, academics and public policy practitioners

Bhutani Infra to invest Rs 5,000 cr on 3 projects in Noida over 4 yrs. Out of 2 million sq ft area that has been completed, the company has leased around 1 million sq ft area and is in talks to put on rent the remaining area

Export boost to help pharma sector come out unscathed from Covid-19: CRISIL. Exports and domestic formulations account for an almost equal share in the Rs 2.8-trillion domestic pharma sector, CRISIL said

Unacademy acquires UPSC prep platform Coursavy for an undisclosed amount. The acquisition will further strengthen Unacademy''s leadership position in the UPSC test preparation market, a statement said

Mindspace Business Parks REIT commits to 100% electric mobility by 2030. The company recently raised Rs 4,500 crore in its Real Estate Investment Trust (REIT) public issue.

Citi appoints Arjun Chowdhry as acting head of consumer banking in India. Chowdhry, who has been with Citi for 25 years, currently serves as the head of credit cards, payments and unsecured lending for the American bank in India.

Hamdard Laboratories launches 6 OTC products for common illnesses. Hamdard Laboratories on Thursday said it has launched six new over the counter (OTC) products to treat common illnesses like cold, and cough.

GMM Pfaudler continues with declining trend, share price falls 5%. The stock began to fall after GMM Pfaudler announced on Monday that promoters plan to sell 17.6 per cent stake in the company

Airbnb bullish on India market, says growth will be driven by youth. Airbnb on Wednesday said India is one of the fastest growing markets for the company, and the growth here will be driven by the youth going forward

NCLAT sets aside NCLT order rejecting insolvency plea against Coastal Oil. The NCLAT''s direction came over a petition filed by Bank of India and Central Bank of India, challenging the NCLT order

SME B2B Platform TradeIndia looking to raise -15 mn in next 2 quarters. The company was started as an offline B2B platform for SME buyers and sellers in 1996 by Bikky Khosla, who owns 95 per cent of the stock

RITES Ltd wins Rs 206 cr contract to build road over bridges in AP. RITES Ltd on Thursday said it has bagged a Rs 206 crore contract to construct four road over bridges in Andhra Pradesh from Indian Railways.

Tata Consumer Products plans to bid for Coffee Day's vending business. Coffee Day, the owner of India's largest coffee chain, has been trying to sell assets to repay lenders after the death of its founder V G Siddhartha last year

Reliance Jio adds 4.4 mn users, Vodafone Idea down by 4.8 mn in June. Vodafone Idea has lost more than 30% of user base since 2018 merger

Amazon adds Echo, Echo dot to its lineup of voice-controlled gadgets. The world's largest online retailer has worked for years to popularize speakers, televisions and other devices that customers activate through speech

Gujarat Pipavav RoRo segment takes a hit on fall in automobile volumes. The port is a gateway to the auto hubs in Gujarat and Delhi-NCR, which is run in partnership with NYK Auto Logistics

GAIL cuts gas supplies to clients by 40% after fire at ONGC plant in Surat. GAIL (India) Ltd has cut supplies by about 40% to customers, mainly power and fertiliser companies, after a pipeline rupture led to a fire in an Oil and Natural Gas Corp plant, a company source said

Jaguar Land Rover set to drive in iconic SUV Defender in India next month. JLR India on Thursday said it will launch its iconic SUV Land Rover Defender in India on October 15

US continues to be biggest source of VC investment in India as China shrugs. Experts say, the dominance of the US investors will probably grow in the coming decade, including in filling the gap created by the withdrawal of Chinese investors

Netflix, Amazon Prime turn weapons in Indian telecom firms' freebie fight. Reliance Jio's new plan offers customers Netflix on a mobile device, one-year subscription to two over-the-top applications and access to Jio's movie and songs. library.

Facebook ties up with Matrix Partners India to scale early-stage SMBs. The ''Boost with Facebook'' program went virtual in May reaching out to 4X more people than in an in-person event

Samsung joins Flipkart to debut Galaxy F series on Big Billion Day sale. The new series is being launched at a time when the online smartphone market share in India is likely to hit an all-time high of 45 per cent in the second half this year

Ujjivan SFB makes foray into small CV financing for tier II, III cities. Ujjivan SFB said as part of the ''Raftaar Loans'' product mix, the customised offerings will be available across southern and eastern regions: Karnataka, Tamil Nadu, and West Bengal

Reliance Jio starts in-flight mobile services in 22 international airlines. Reliance Jio has partnered with 22 international airlines for in-cabin mobile services, including voice, data and SMS

PGCIL gets shareholders' nod to raise up to Rs 10,000 cr via bonds in FY22. The company had proposed a special resolution in the AGM to raise up to Rs 10,000 crore from domestic market in financial year 2021-22

India Ratings maintains negative outlook on NBFCs, HFCs for H2 FY21. It has revised its outlook for tractor loans to stable for the second half of 2020-21 from negative

Cut import dependence for special grade steel, boost R&D: Govt to industry. The government on Thursday stressed the need to cut import dependence for special grade steel, exhorting the domestic players to go for research and development activities and take required measures to make India self-reliant in value-added steel productio

Harley-Davidson books million in fresh restructuring costs, exits India. The announcement comes two months after Harley unveiled a strategy to shift focus back to more profitable motorcycles and core markets such as the United States

IOC mulls deferring expansion of projects to sync them with demand. In an interview, Vaidya said oil demand in India has not been destructed but only deferred and Indian Oil Corp (IOC) was also betting big on petrochemicals to hedge fuel shocks

VIL, Airtel lose over 5.9 mn subscribers in June; Jio adds 4.5 mn: Trai. Monthly decline rates of urban and rural mobile subscription were 0.18 per cent and 0.40 per cent, respectively, data showed

Raymond to raise Rs 100 crore through non-convertible debentures. "The Committee of Directors approved the Issue of Non-Convertible Debentures (NCDs) of Rs 100 crore on private placement basis," the company said in a BSE filing

Harley Davidson to quit India, take million in restructuring cost. Company will incur restructuring cost of mn, MD of India operations sent to Singapore, 70 employees to lose jobs

Auto dealers looking at rationalisation of infrastructure, manpower: FADA. Kia Motors and Toyota Kirloskar Motor met expectations of their dealers better than other companies in the passenger vehicle segment during the Covid-19 lockdown, FADA said

Apple online store debut in India receives overwhelming response. Traffic witnessed so far way above expectations: Tech giant

PE firm KKR picks up 1.28% stake in Reliance Retail for Rs 5,550 crore. Second PE deal in two weeks; valuation same at Rs 4.2 trillion

Clarify modalities of refund to flyers, agents: Supreme Court to govt. Solicitor General Mehta said that a holistic view has been taken keeping in mind the interests of passengers and the airlines.

Chemcon IPO subscribed 149 times, CAMS 47 times as offers conclude. CAMS provides financial infrastructure and services to mutual funds (MFs) and other financial institutions and is India's largest registrar and transfer agent (RTA) of MFs

Toyota Kirloskar plans to continue selling diesel vehicles in India. However, firm may no longer offer diesel variants in smaller segments

India's Pixxel partners with Momentus for second satellite launch. Bengaluru-headquartered Pixxel is building a constellation of cutting-edge earth imaging small satellites that can provide real-time remote sensing data across the world

Jio's postpaid plans timed well, may wrest away VIL subscribers: Analysts. Matching Jio's OTT bundling can impact 1-6 per cent of fiscal 2021 earnings before interest tax depreciation and amortisation (EBITDA) for peers, it added

L&T, Tata Projects, JMC, NCC in race for India's first bullet train tender. Technical bids for the design and construction of 237 kilometres of mainline for Mumbai- Ahmedabad High-Speed Rail corridor were opened on Wednesday.

Micro-finance industry slowly overcoming coronavirus crisis: MFIN. The complete stoppage of micro-finance operations from March-end to May due to the coronavirus-induced lockdown had been a big setback

No coercive action against FB VP till Oct 15: SC to Delhi Assembly panel. Mohan had challenged the notice from the Delhi Assembly's 'Peace and Harmony' committee in the Supreme Court

Tech Mahindra sells stake in Altiostar Networks for mn to Rakuten. In a regulatory filing, Tech Mahindra said its subsidiary Tech Mahindra (Americas) Inc has divested its holding of 18,518,518 C1 preferred shares in Altiostar Networks.

Capgemini to provide app development services to Daimler's R&D facility. Bengaluru-based Mercedes-Benz Research and Development India (MBRDI) has selected Capgemini to provide application development and maintenance services, a release said on Wednesday. Under the terms, Capgemini will enable application development and mainten

Indian startups to miss Chinese expertise more than cash: SoftBank exec. India has banned over 200 Chinese apps and also put severe restrictions on Chinese investments into the country following border clashes in eastern Ladakh

INOX Air bags oxygen supply contract for three Bengal Covid hospitals. Industrial and medical gases major INOX Air Products on Wednesday said it has been awarded a contract by the West Bengal government for supplying liquid oxygen to three state-run COVID hospitals. The company will supply liquid medical oxygen to M R Bang

HDFC to raise up to Rs 5,000 crore by issuing bonds on private placements. Mortgage lender Housing Development Finance Corporation Ltd (HDFC) on Wednesday said it will raise up to Rs 5,000 crore by issuing bonds on a private placement basis.

CSIR, Mylan to collaborate to identify advance therapeutic ways for Covid. The Council of Scientific and Industrial Research (CSIR) and Mylan Laboratories Limited will collaborate to identify potential therapies for COVID-19, the country's premier research body said in a statement on Wednesday. A series of clinical trials will be

Food delivery industry recovers to 85% of pre-Covid levels: Zomato. The development comes after the company, in August, said around 40 per cent of the dining out restaurants may not reopen at all owing to the disruption caused by the Covid-19 pandemic.

SBICAP Trustee Company acquires 56.17% stake in Jindal Stainless. As on June 30, 2020, promoter and promoter group of Jindal Stainless held 68.12 per cent stake in the firm company with the balance 31.88 per cent being public shareholding.

India's secondary listing plan would be undue burden: Paytm executive. Companies like Google that vie against Paytm in the digital payments space have no such obligation, noted Deora.

Rafale deal: CAG says Dassault Aviation, MBDA yet to fulfil obligation. The first batch of five Rafale jets arrived in India on July 29, nearly 4 years after India signed an inter-governmental agreement with France

Tata Sons buys shares of Tata Chemicals, Tata Motors DVR via open market. Tata Sons Pvt Ltd on Wednesday bought shares of Tata Chemicals and Tata Motors DVR through open market transactions.

Govt extends term of Uday Kotak as non-exec IL&FS chairman by another year. The government through a gazatte notification extended term of Kotak, who is managing director and chief executive officer of Kotak Mahindra Bank, till October 2, 2021

Blue Dart to hike average shipment price by over 9% from January 1. The upward revision in prices is part of the annual exercise undertaken to adjust inflation, fluctuation in currency and fuel price, among others

Byju's valuation increases to .1 bn after latest funding round. Byju's has seen tremendous growth in the last few months. Since the lockdown, it has added over 25 million new students on its platform

Future Enterprises defaults on interest obligations of NCDs, again. Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on interest payments of Rs 15.86 crore for its non-convertible debentures.

EU antitrust regulators extend Google, Fitbit deal probe to Dec 23. Google has said the combination of its and Fitbit's hardware would boost competition in the sector where players include Apple, Samsung, Xiaomi, Huawei and others

Appeals filed by MP Birla Group firms, Lodha admitted in Calcutta HC. The three companies and Lodha moved applications challenging a verdict passed by a single judge on Friday

Ircon International wins contracts worth over Rs 400 cr from Railways. "Ircon International Limited has secured works of total 9 Road Over Bridges (ROBs) valuing more than Rs 400 crore from Ministry of Railways, Government of India," the company said in a filing

Baring to take Hexaware private, accepts exit price of Rs 475 per share. The private equity major may have to spend as much as Rs 5,400 crore to buy out the entire 37.9 per cent stake from public shareholders

Tanishq revenue jumps to 90% of pre-Covid levels on stable gold prices. The company will be launching a collection for the coming festive season followed by some new collections for the wedding season

CIL finalises Rs 5,900 cr heavy machinery contracts to bolster production. Early this year, the company had said it was looking at spending around Rs 7,000 crore on heavy equipment to bolster production

New players enter hand sanitiser biz, consolidation certain, say FMCG firms. Industry estimates are that the domestic hand sanitiser market, which, before the pandemic stood at Rs 60 crore in size, has now grown five times to touch Rs 300 crore in size

Symphony Asia, Lightbox lead .5 mn round in jewellery start-up Melorra. The firm has been bringing in global fashion trends into lightweight gold jewellery and launching 75 designs every week with 80% of collection below Rs 35,000

Covid-19 pandemic spurs matured-stage start-ups to advance their IPO plans. Several ecommerce and digital payments companies are looking for public listing over next two years

Japan's Mitsui, Nippon Soda acquire 56% stake in Bharat Insecticides. Japanese companies Mitsui and Nippon Soda have acquired 56 per cent stake in agro-chemical firm Bharat Insecticides Ltd (BIL). As a result of this deal, BIL has become a group company of Mitsui & Co Ltd and Nippon Soda Co Ltd (Nisso), the Delhi-based compa

Food delivery sector showing stronger signs of recovery: Zomato CEO. Delhi and Mumbai are nearing full recovery at around 95 per cent of the pre-Covid levels

Bharti Airtel picks up strategic stake in Cloud analytics startup Waybeo. "Cloud technologies are transforming the way businesses serve and delight their customers," said Adarsh Nair, Chief Product Officer, Bharti Airtel

IT firm Hexaware Technologies to offer Rs 475 per share for delisting. The bid process for the delisting offer - where the promoters were offering a floor price of Rs 264.97 per share - had started on September 9 and closed on September 16

Facebook may leave Europe if Ireland enforces ban on data sharing with US. In July, the European Court of Justice invalidated the 2016 Privacy Shield, saying that EU digital privacy laws were at risk of being violated under the agreement, which allows data sharing with US

Factbox: Reliance raises .43 bn from stake sales at retail, digital arms. Reliance Industries has raised Rs 1.65 trillion over the past few months through stake sales at its digital unit Jio Platforms and its retail arm Reliance Retail Ventures

API Holdings' proposed 100% acquisition of Medlife gets CCI's approval. Healthcare company Medlife is primarily engaged in wholesale and distribution of drugs. API Holdings is the parent entity of API Holdings group

Singapore-based firm offers mn investment for film academy in UP. Some film fraternity members had reached Lucknow for the meeting with Adityanath, while veteran actors like Anupam Kher and Paresh Rawal had joined the interaction over a video conference

Manali Petrochemicals to invest Rs 150 crore in capacity expansion. In the first phase 24,000 TPA would be added at a cost of around Rs 60 crore, to be met through internal resources

KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity. Earlier, Silver Lake had invested Rs 7,500 cr into Reliance Retail Ventures, valuing the business at about Rs 4.2 trillion

TikTok ban effect: Made-in-India app Chingari crosses 30 mn downloads. The social app said in a statement it achieved the feat in a matter of three months, with content creators making a beeline to join it.

US court lift stay on lawsuit by Devas seeking compoensation from Antrix. In his order dated September 17, Judge Thomas S Zilly from the US District Court, Western District of Washington lifted the stay on the proceedings of the lawsuit filed by Devas against Antrix

CBI charges dairy products firm Kwality with Rs 1,400-crore bank fraud. The CBI has registered the case against Kwality and its directors Sanjay Dhingra, Siddhant Gupta, Arun Srivastava, besides other unidentified persons

Angel Broking raises Rs 180 cr from anchor investors ahead of Rs 600 cr IPO. It allocated more than 58.8 lakh shares to the anchor investors at a price of Rs 306 apiece, according to a regulatory filing

Bharti Airtel, Vodafone Idea must pay 10% of AGR dues by March 31: DoT. This is irrespective of what these telecom companies have already paid; lawyers at both firms going through fine print of the Supreme Court order

BSNL raises over Rs 8,500 crore through sovereign guarantee bonds. BSNL received a total of 229 bids valued at Rs 17,183 crore

Mukesh Ambani's next weapon to dominate telecom market is a Rs 4,000 phone. Ambani's company is in talks with domestic assemblers to make a version of its Jio phone that would run on Google's Android

E-commerce cos fret over Madras HC ruling on GST refunds on service inputs. The high court's order, which says refunds paid on service inputs can be restricted, runs contrary to Gujarat HC verdict and could complicate matters

Health-tech startup BestDoc raises .1 mn from Aceel, other investors. BestDoc, supported by Kerala Startup Mission (KSUM), is an Intelligent Patient Relationship Management (PRM) system for hospitals and other healthcare providers in India

Reliance Jio announces JioPostpaid Plus scheme, starting at Rs 399. Starting at the price of Rs 399, the JioPostpaid Plus promises a wide range of services, data rollover upto 500 GB and free international roaming in the USA and UAE

Murugappa family votes to keep Valli Arunachalam out of holding co board. Arunachalam has been battling to be recognised as her father's successor on the board

InsuranceDekho to get mn funding from GirnarSoft for branding, others. InsuranceDekho recently announced plans to onboard 100,000 insurance advisors across the country. It has already enrolled 20,000 advisors successfully, the company said

Jio announces JioPostpaid Plus plans with free OTT apps subscription & more. The Reliance Jio's JioPostpaid plans come bundled with free access to Jio apps suite. The plans start at Rs 399 and goes up to Rs 1,499

Latest stock market News for tomorrow Access previous news reports: 1304130513061307130813091310131113121313131413151316131713181319132013211322

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NSE share market NEWS tomorrow (24 September, 2020). NSE stocks in NEWS (tomorrow)

 

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