NSE share market NEWS tomorrow (04 October, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (04 October, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 04 October 2022
Angel One was amongst the top gainers, currently trading at 1532.15 in NSE with 11.726 times change in volumes and 12.348% change in price. Other gainers included Mazagon Dock with 8.367% price change and 0.926 times volumes, Nhpc with 8.169% price change and 0.91 times volumes, Idfc First with 7.801% price change and 3.002 times volumes, and Varun Beverages with 6.807% price change and 1.338 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.
Power Grid was amongst the top losers, currently trading at 208.45 in NSE with 1.634 times change in volumes and -1.115% change in price. Other losers included Supreme Industries with -1.083% price change and 0.699 times volumes, Phoenix Mills with -0.987% price change and 1.664 times volumes, Inox Wind with -0.925% price change and 1.459 times volumes, and Samvrdhna Mthrsn with -0.891% price change and 0.506 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.
86% of global CEOs see recession within 12 months, finds KPMG survey. 46% of corporate leaders considering job cuts over the next six months
Start-up LeverageEdu gets RBI approval for financial services unit. Company raised million in funding in March earlier this year at a valuation of 0 million
Centre asks Coal India to enhance supply to thermal power plants. With the festival season round the corner, Coal India Ltd has been directed by the government to scale up dispatch to thermal power plants
Weak rural demand drags down FMCG sales in September, shows data. Bizom pointed out that rural sales were impacted in September due to excessive rainfall in some areas and weak rainfall in some other regions, thereby affecting agri yields and household incomes
Wipro asks employees to report to office at least three days a week. The firm's office will remain open for four days each week
CCI gives conditional nod to Zee-Sony merger, formal order awaited. Sony and Zee confirm development, say awaiting remaining regulatory approvals
Tata Steel announces offloading 19% equity holding in AI Rimal to Tanmia. Tata Steel on Tuesday said it has offloaded 19 per cent stake in Al Rimal Mining LLC, Oman (Al Rimal). With this transaction, the company's shareholding in Al Rimal has come down to 51 per cent from 70 per cent, Tata Steel said in a statement. "Tata Steel,
Reliance Jio to start beta trial of 5G services in 4 cities on Wednesday. Jio is also working with all handset brands to enable their 5G handsets to work seamlessly with Jio True 5G services so that customers have the most comprehensive range of 5G devices to choose from
Sebi slaps Rs 10 cr penalty on Gautam Thapar for alleged fund diversion. Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each
Shopsy claims 6-fold growth in customers, orders during festive season sale. E-commerce firm Flipkart's social commerce unit Shopsy claims to have registered a six-fold growth in customers and orders in the recently concluded festive season sale, a top official of the entity said on Tuesday. Flipkart New Business Head and Senior Vi
HCL Tech to scale up Brazil operations, to hire 1,000 people in 2 years. IT company HCL Tech plans to hire 1,000 people in Brazil in the next two years and will also open a new technology centre in Campinas, the company said on Tuesday. HCL Tech is scaling up its operations to serve its growing local and global client base acro
Adani Group's stock surge at risk of reversal, technical indicator shows. The stock rallies of Gautam Adani's companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator
Google shuts down translation feature in mainland China citing 'low usage'. American tech giant Google on Monday (local time) announced that it was shutting down the Google Translate service in mainland China, citing low usage in the country, as per reports.
Reliance, Sanmina completes JV deal to build manufacturing hub in India. Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), announced the completion of their joint venture transaction
India's bad bank NARCL offers Rs 228 cr for Mittal Corp debt held by PSBs. The NARCL will have the right to match any counteroffers, as the lenders have put the debt on the block
Commercial EV maker Euler Motors raises mn in funding round led by GIC. Company will use the money to strengthen manufacturing, supply chain and hire talent
Edelweiss arm aims to raise billion in third distressed asset fund. Edelweiss Alternative on Tuesday said it is targeting to raise USD 1 billion (about Rs 8,000 crore) in its third distressed asset fund, eyeing strong opportunities in the space. The company has already raised USD 425 million or Rs 3,400 crore for the third
Greenwashing enters a trillion debt market, derailing climate goals. Fashion giant Chanel, known for its iconic perfume and tweed suits, keeps up to date with changing tastes.
Edelweiss raises 5 mn for 3rd special situation fund, seeks bn corpus. Company says it has investment commitment from insurance companies, pension funds, high net worth individuals
Bessemer Venture leads .5 mn seed round for SaaS billing start-up Zenskar. Zenskar's flexible billing platform enables SaaS firms to handle usage-based pricing, subscriptions, nuanced discounts, credits, custom currencies, prepaid, post-paid, and ramp deals
Lupin gets USFDA nod to market generic HIV drug Darunavir tablets. Drug firm Lupin on Tuesday said it has received an approval from the US health regulator to market Darunavir Tablets, used to treat Human Immunodeficiency Virus (HIV) infection, in the American market. The Mumbai-based company said it is the exclusive firs
Nestle to invest billion towards sustainable coffee farming plan. The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years
Nokia to scale up mfg in India by 1.5x to support its 5G service rollout. The firm is supplying radio access networks to Ericsson and Reliance Jio for their 5G networks from its Chennai plant. Vodafone Idea is yet to finalise its contract as it awaits fresh funding
CEOs rethinking strategies to hire, retain talent: KPMG 2022 CEO Outlook. KPMG's latest poll asked more than 1,300 CEOs of the world's leading companies about their hiring plans and expectations
Indian refiners scout for oil deals ahead of EU ban on Russian crude:Report. Indian Oil Corp and Bharat Petroleum Corp are seeking term deals with countries, including the United States, industry sources said
Four Indian-Americans, including IndiGo's Gangwal, in Forbes 400 rich list. Indian-Americans Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler CEO Jay Chaudhry leading the pack
Ola Electric sets up experience centre in Chennai, eyes 200 by March 2023. Electric two-wheeler maker Ola Electric has set up its first experience centre in Chennai as part of a plan to set up 200 such facilities across the country by March 2023, the company said on Tuesday. People interested in electric vehicles would be encoura
Hindustan Zinc mined metal production marginally up at 255,000 tonnes in Q2. Vedanta group firm Hindustan Zinc's mined metal output rose by 3 per cent to 2,55,000 tonnes in the July-September quarter on the back of better grades and improved mill recoveries. The company's mined metal production was at 2,48,000 tonnes in the corresp
Jio to start beta trial of 5G services in four cities from Oct 5. Jio True 5G to be the world's advanced 5G service, says the telco while adding users will get unlimited 5G data with up to 1 Gbps-plus speeds
CCI gives conditional approval to Sony-Zee merger deal: Report. Competition Commission on Tuesday gave its conditional approval for the proposed merger between media groups Sony and Zee, according to sources. The approval has been given after the Competition Commission of India (CCI) accepted the voluntary remedies pro
India's offline market for smartphones grew 44% in H1 2022: Report. Sale of smartphones priced above Rs 20,000 has increased more than two-fold in five years
Gas price hike: Analysts say CNG prices may rise by at least Rs 8-12 per kg. The government last week raised the prices of gas produced from old fields, called APM gas, to .57 per million British thermal unit from .1
EESL successfully installs 3 mn smart meters in five states, one UT. State-owned Energy Efficiency Services Limited (EESL) on Monday announced it has installed over 30 lakh smart prepaid meters across five states and union territory Andaman and Nicobar under its Smart Meter National Programme. EESL has completed the install
Credit quality of companies strengthens in first half of FY23: Report. Carrying on with the momentum since early FY22, credit quality of corporates has strengthened further in the first half of the current fiscal with rating upgrades being more than three times that of downgrades, says Icra Ratings. Upgrades saw an 18 per cen
Airtel to finalise tariff for 5G services in a few days, executive says. Broader point is that tariff must rise and telco will be happy to take the lead, he adds
Motilal Oswal private equity arm raises Rs 4,500 cr for new platform. A private equity fund promoted by domestic brokerage Motilal Oswal on Monday announced that it has garnered commitments of Rs 4,500 crore for a new platform. The fund was raised primarily from high net-worth individuals and family offices by Motilal Oswal
Wipro, Infosys, TechM revoke offer letters given to freshers: Reports. Top IT and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by nearly three-four months
Raghupati Singhania receives PHDCCI lifetime achievement award for 2022. The event felicitated industry stalwarts for transforming society, helping improve the community, setting entrepreneurship benchmarks, and demonstrating exemplary leadership qualities
Myntra onboards record 1.2 mn new users during its Big Fashion Festival. Myntra said its third and the biggest edition of 'Big Fashion Festival' saw a record 1.2 million new customers from across the country
Google Accelerator to support 20 women-led start-ups in first cohort. Firm will focus on subjects like access to networks and capital, hiring challenges and mentorship, which for a variety of reasons, prove challenging for female founders
Adani Greens forms 3 new subsidiary companies for renewable energy biz. Adani Renewable Energy Holding Four Limited has incorporated three new subsidiary companies for renewable energy business. In a statement on Monday, Adani Green Energy Ltd (AGEL) said Adani Renewable Energy Holding Four Limited is its own subsidiary and th
TCS set to win -billion deal from BSNL for 4G and 5G roll-out. The official said Tata's recently acquired subsidiaries Tejas Network and Saankhya Labs would also participate in producing necessary equipment as per the deal
Marico India business posts low single-digit volume growth in Q2FY23. FMCG firm Marico Ltd on Monday said its India business posted low single-digit volume growth in the second quarter of the ongoing fiscal. In a quarterly update, the company said demand sentiment in India trended on similar lines as the preceding quarter du
Vedanta's aluminium output rises 2% to 584,000 tonnes in second qtr of FY23. Vedanta Ltd on Monday said that its aluminium production increased by 2 per cent to 5,84,000 tonnes in the second quarter of the ongoing fiscal. The company's aluminium production in the corresponding quarter of FY22 stood at 5,70,000 tonnes, Vedanta Ltd s
Tata Steel begins operations at Neelachal Ispat Nigam plant in Odisha. Odisha-based Neelachal Ispat Nigam Ltd (NINL) has started operations nearly 90 days after it was acquired by a Tata Steel subsidiary for Rs 12,000 crore in a bidding process, a statement said on Monday. The plant with a 1.1 million tonnes steel-making capa
Big Fashion Festival: Myntra onboards over 1.2 million new customers. As customers shopped fashion, beauty and lifestyle products during the event, Myntra's BFF saw over 45 per cent of visitors coming from tier 2/3 cities of India
EPAM sacks around 100 Indian employees, revokes offer letter of others. At least EPAM 100 employees, across testing, .Net, DevOps, and Java domains in both firms - EPAM Systems and EPAM Anywhere - have been asked to resign
Zydus Lifesciences' generic drug for overactive bladder gets USFDA nod. Zydus Lifesciences on Monday said it has received the USFDA's final nod to market its generic version of Mirabegron extended-release tablets used to treat overactive bladder, with 180 days of shared generic drug exclusivity. The final approval granted by t
Addteq APAC announces rebranding; changes corporate name to 'Enreap'. / -- Addteq APAC announced its plan to change its corporate name to "Enreap" to enable sharper strategic focus to be a global leader in ALM, DevOps and Digital Services. The name is derived from two powerful components, "en" and "reap". "en" signifies an a
Zee offers to shut down major entertainment channel for merger with Sony. The identity of Zee channel offered to shut down is not known yet
India's largest fintech M&A deal falls through: PayU calls off BillDesk buy. The acquisition of BillDesk for a total consideration of .7 billion had been announced on August 31 last year
JSW Cement secures Rs 400 cr as sustainability-linked loan from MUFG Bank. JSW Cement on Monday said it has raised Rs 400 crore from MUFG Bank India as its first sustainability-linked loan. The Sajjan Jindal-led company plans to deploy the fund for capital expenditure to achieve its annual capacity target of 25 million tonne by F
Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada. Vedanta founder Anil Agarwal was honoured with the Global Indian Award worth ,000 by the Canada-India Foundation at its 15th annual gala here at the weekend
Quaker Oats enters fast-growing ready-to-eat cereals with Muesli oats. The category is growing at a pace of 16-18%, compared with 15% in the overall breakfast cereal segment
Taxes absorb 58% telco revenues in nation with lowest tariff: Voda-Idea CEO. Speaking at the 6th India Mobile Congress, Vodafone Idea CEO Akshaya Moondra urged govt to lower industry's tax burden at a time when it needs to make huge capital investments
Office leasing activity could cross 50 mn sq ft in 2022: Colliers report. Office absorption has already touched 40.6 million sq ft during the first three quarters of Calendar 2022, up two fold over the same period last year, which was marked by Covid-19 induced lockdowns
IKIO Lighting files papers with Sebi to mop-up funds through IPO. Manufacturer of LED lighting solutions IKIO Lighting Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO consists of a fresh issue of equity shares worth up to Rs 350 crore a
Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack. The Adani Group stocks had been major outperformers so far this calendar year, hence the current selling can be attibuted to profit-taking at these counters
'Natural gas price hike negative for GAIL, IGL; RIL marginal beneficiary'. The central government's decision to increase the domestic APM gas price will negate the benefit of increased APM gas allocation to CNG players, Jefferies said in a report
India Inc's credit quality continues to improve in H1, may moderate: Crisil. India Inc's credit quality showed further improvement in April-September period with the ratio of upgrades to downgrades inching higher. The credit ratio's improvement to 5.52 in H1FY23 as compared to 5.04 in H2FY22 was driven by leaner balance sheets led
Rupee plunges 49 paise to 81.89 against US dollar as crude oil spikes. The rupee fell by 49 paise to close at 81.89 (provisional) against the US dollar on Monday as heavy selling pressure in the domestic equities and a spike in crude oil prices weighed on the local unit. Besides, a stronger greenback against key rivals and pe
Fertiliser firms willing to import phosphoric acid at 40% less price. Fertiliser companies are looking to import phosphoric acid at USD 1,000-1,050 per tonne, which is around 40 per cent cheaper than the price quoted by global suppliers in the September quarter, as international prices have declined. Phosphoric acid is a key
Maruti Suzuki India vehicle production rises two-fold to 177k units in Sep. Maruti Suzuki India on Monday reported an over two-fold rise in its vehicle production at 1,77,468 units in September 2022. The company had produced a total of 81,278 units in the same month last year. "The shortage of electronic components had a minor imp
PhonePe completes process to move domicile from Singapore to India. All businesses, and entities now owned by and consolidated under PhonePe Pvt Ltd-India
BSNL to start rolling out 4G network from November, says CMD at IMC. State-owned telecom firm BSNL will start rolling out 4G network from November onwards and gradually upgrade it to 5G by August next year, a top company official said on Monday. The company has plans to roll out almost 1.25 lakh 4G mobile sites in 18 months
LIC increases its stake in Dr Reddy's Laboratories to 7.7% from 5.65%. Dr Reddy's Laboratories Ltd on Monday said Life Insurance Corporation of India has increased its stake to 7.7 per cent in the pharmaceutical firm through purchase of 33.86 lakh shares from open market over a period of time. Life Insurance Corporation of In
UPI processes over 6.8 billion transactions in Sep worth Rs 11.17 trn. On a year-on-year (YoY) basis, volume of transactions was up 85.55 per cent and value of transactions was up 70.61 per cent during the same period.
Northern Coalfields logs 19.8% growth in coal production in H1FY23. Northern Coalfields Ltd on Saturday said it has produced 64 million tonne of coal, registering a 19.8 per cent growth in the first half of the 2022-23 financial year. The miner had produced 53.44 million tonne of coal in the year-ago period. The Singrauli-
Suzlon Energy founder Tulsi Tanti passes away after cardiac arrest. His death comes at a time when Suzlon Energy has just announced opening of its Rs 1,200 crore rights issue
Suzlon Founder Tulsi Tanti, the man who harnessed wind, passes away at 64. Tanti had made his fortune by investing in wind energy projects in the mid-90s when renewable energy was not in fashion
Apeejay Surrendra Park Hotels plans to double number of properties by 2025. Apeejay Surrendra Park Hotels Ltd plans to more than double the number of its properties to 50 by 2025, according to company chairperson Priya Paul. The company, which currently has 23 hotels with 1,934 rooms in total, plans to add over 1,640 rooms in its
Cycle Pure Agarbathies to set up 100 stores across India by 2024: MD. NR Group, manufacturers of Cycle Pure Agarbathies, has drawn up aggressive expansion plans that includes opening 100 stores by 2024 besides tapping the online market to boost sales, according to a top company official. The Mysuru-based NR Group is known fo
ONDC seeks public comments on 24 issues to strengthen its network. ONDC, a government entity to democratise e-commerce in India, has sought public comments on 24 issues pertaining to payments, fulfilment of orders, refunds and cancellations to build trust among network participants. Open Network for Digital Commerce (ONDC
Housing sales up 87% in Jan-Sep in 7 cities; breach CY19 figure: Anarock. Housing sales rose 87 per cent in January-September across seven cities to 2,72,709 units and breached the transactions clocked in entire 2019 pre-COVID year on strong demand, according to Anarock. Sales stood at 1,45,651 units in the January-September per
Larger sample size needed for BARC to measure viewership, says Zee Media. Comments come as the broadcaster becomes the second to exit the body in seven months
Vistara airlines commences daily Mumbai-Abu Dhabi flight operations. Full service carrier Vistara has inaugurated daily non-stop flights between Mumbai and Abu Dhabi as part of the airline's business expansion, its Chief Executive Officer Vinod Kannan has said. The inaugural Vistara flight from Mumbai took off at 19:10 Hour
Ajay Singh-owned SpiceHealth's auditor resigns, says busy with other work. Firm tells Business Standard it has already appointed a new auditor on August 2
Reliance Jio to launch 4G enabled low-cost laptop at Rs 15,000: Report. Mukesh Ambani-led RIL has partnered with global giants Qualcomm and Microsoft for the JioBook, say sources
Honda Motorcycles and Scooter overtakes Hero Motorcorp in retail sales. The month of September 2022 saw Honda Motorcycle and Scooter India overtaking the world's largest two-wheeler maker Hero Motocorp Ltd in terms of retail sales
Half of all Indian cos set to boost ICT budget post 5G rollout: KPMG study. The report adds that over 85% of Indian enterprises from various sectors are expecting up to 20% return on investments made in 5G and industry 4.0 use cases
Honda surpasses Hero MotoCorp to top spot in two-wheeler sales. Rural states, such as Uttar Pradesh (UP), Bihar, and Jharkhand, have fallen higher in September on a MoM basis
Xiaomi says 84% of Rs 5,551 cr seized by ED was royalty payment to Qualcomm. Chinese smart devices firm Xiaomi on Sunday said that over 84 per cent of the Rs 5,551.27 crore seized by the Enforcement Directorate was the royalty payment made to US chipset company Qualcomm. The ED, under the Foreign Exchange Management Act (FEMA), has
Botched deliveries take toll on Amazon and Flipkart festival sales. The exact number of orders gone wrong is a number that will not be disclosed by the companies
Adani group to raise funds to acquire road projects from Macquarie. Two entities of Adani Enterprises Ltd -- Adani Road GRICL Limited (ARGL) and Adani Road Stpl Ltd (ARSL) - will together raise upto Rs 800 crore through non-convertible debentures (NCDs)
Airtel to launch 5G services across India by March 2024 : Sunil Mittal. Airtel's nationwide 5G services roll out would come months after Reliance Jio's nationwide 5G rollout by December 2023
Hyundai's domestic sales increase by 50% to 49,700 units in September. The Korean carmaker sold 33,087 units in the country in September last year
Nissan Motor sales in India decline by 16.64% to 7,265 units in September. Nissan Motor India on Saturday reported a 16.64 per cent decline in sales at 7,265 units in September 2022. The company had clocked wholesales of 8,716 units in the same month last year. Domestic wholesale last month stood at 3,177 units as compared to 2,8
NTPC clocks 15.1% growth at 203.5 bn units in power generation in Apr-Sep. State-run power giant NTPC said it has logged 15.1 per growth in power generation at 203.5 billion units (BU) during April-September 2022. The high generation growth indicates improved performance and an increase in demand for power in the current year, it
Voda Idea says 5G rollout journey to begin soon; doesn't specify launch. Vodafone Idea, the country's struggling third telecom player, plans to begin the journey to roll out 5G services, matching rivals Reliance Jio and Bharti Airtel, but the firm has offered no specific timeline for the launch or coverage of the ultra high-spe
Kia clocks highest ever monthly sales in India in Sept at 25,857 units. The Korean company said its 2021 domestic sales had been surpassed in the first nine months of 2022
HFCL Ltd launches next-gen 8T8 Macro RU product to support 5G in India. HFCL's 5G 8T8R Macro RU is a next generation radio unit that has a compact form factor, improved energy efficiency, and supports digital beamforming and zero touch provisioning
Poonawalla Fincorp's subsidiary rating upgraded to AAA by Care Ratings. Poonawalla Fincorp's Rating Upgraded to AAA by Care Ratings
Insolvency law changing the way society perceives biz failures: CCI chief. With a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way society perceives business failures and striving to build confidence among creditors, Competition Commission of India chief Ashok Kumar Gupta said on Saturday. He a
13 firms ink non-disclosure agreement with Centre to use ULIP data. As many as 13 firms, including MapMyIndia, CargoExchange and Yes Bank, have signed a non-disclosure agreement with the government to access data from the Unified Logistics Interface Platform, the commerce and industry ministry said on Saturday. The Unified
Maruti Suzuki's domestic sales more than doubles to 148,380 units in Sept. The sales of Maruti Suzuki's utility vehicles -- Brezza, Ertiga, S-Cross, XL6 and Grand Vitara -- have increased from 18,459 units in September 2021 to 32,574 units in September 2022
Indian Biogas Association gets investment commitments worth Rs 1,400 cr. Indian Biogas Association on Saturday said it has received investment commitments worth Rs 1,400 crore at Renewable Energy India Expo 2022. "Indian Biogas Association (IBA), an industry association comprising of operators, manufacturers, and planners of bi
Volkswagen Passenger Cars India sales jump 60% to 4,103 units in Sep. Volkswagen Passenger Cars India on Saturday reported a 60 per cent increase in sales to 4,103 units in September 2022. The company had sold 2,563 in September 2021, Volkswagen Passenger Cars India said in a statement. The growth was driven by rising demand
Royal Enfield sales rise over two-fold to 82,097 units, domestic sales up. Motorcycle maker Royal Enfield on Saturday reported an over two-fold rise in total sales at 82,097 units in September 2022. The company had sold 33,529 units in the same month last year, Royal Enfield said in a statement. Domestic sales were higher at 73,6
ONDC framing rules on personal info protection, grievance resolution. The government's entity ONDC (Open Network for Digital Commerce) is in the process of framing rules with regard to protection of personal information and grievance resolution for buyers, sellers and gateways operating through its network. A set of rules on
Domestic PV sales see record jump in Sept with onset of festival season. The sales figures released by the top nine carmakers saw a jump of 89.6 per cent to 306,211 units
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