NSE share market NEWS tomorrow (10 June, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 June, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 June 2022
Iifl Holdings was amongst the top gainers, currently trading at 353.70 in NSE with 83.271 times change in volumes and 7.72% change in price. Other gainers included Solar Industries with 3.155% price change and 16.517 times volumes, Trent with 2.679% price change and 1.541 times volumes, Abb Power with 2.501% price change and 3.447 times volumes, and Varun Beverages with 1.959% price change and 0.934 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.
Pnb Housing was amongst the top losers, currently trading at 369.45 in NSE with 1.137 times change in volumes and -7.045% change in price. Other losers included Godrej Properties with -4.243% price change and 1.056 times volumes, Kotak Mahindra with -3.935% price change and 2.233 times volumes, Bajaj Finance with -3.917% price change and 1.739 times volumes, and Cholamandalam Investment with -3.816% price change and 1.359 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.
EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj. 'Upstarts and not start-ups have entered the sector'
Consumer affairs ministry to set up panel for FAQ on cryptocurrencies. Calls meeting to discuss complaints against edutech firms
Teaching is still my first love: Alakh Pandey, CEO & founder PhysicsWallah. He is gearing up to launch educational content in nine languages, including, Bengali, Marathi, Tamil, Telugu, Gujarati and Malayalam
Tata Tech eyes acquisitions, 69% growth to nearly 0 mn by 2025. For the year ended March 2022, Tata Technologies revenue was seen at 3.5 million, along with an operating profit of $ 86.5 million and profit after tax of million
Third major exit at BharatPe as founding member Satyam Nathani quits. He was to play a key role in Unity SFB, which was acquired through a BharatPe-Centrum Financial JV; CRO Nishit Sharma, head of institutional debt partnerships Chandrima Dhar had resigned earlier
At 1.27 lakh, OYO sees highest daily bookings in May as travel surge builds. Yatra, Booking.com, Ixigo also see biz uptick as travel picks up post-Omicron
Celebrities must disclose interest in products they endorse: Govt. Both government and private advertisements shall be covered by the new set of rules
Affle Global buys additional stake in Indus OS to become largest investor. Affle and its affiliates now have approximately 60 per cent of investor voting rights tied to the issued preference shares in Indus OS
Future Retail case: NCLT to continue hearing Amazon's plea on June 14. A plea seeking initiation of insolvency resolution proceedings against Future Retail Ltd (FRL) was filed by Bank of India (BoI), the lead banker in the consortium of lenders of the company
Why is Ludhiana's apparel industry staring at losses?. Ludhiana's apparel industry, which churns out most of the country's readymade garments, is losing revenue. Two months of lockdown in China's Shanghai has brought the industry on its knees.
Why India's 5G rollout could be in jeopardy?. Govt wants to roll out 5G services this year. But an industry body says it will have no business case if operators' concern on private captive networks is not addressed. Will it affect the rollout?
IndiGo to restore allowances for crew from July 31 as flight ops recover. The airline, which had made a partial reinstatement of salary for pilots, is yet to restore pre-covid salaries.
Alembic Pharma gets USFDA nod for cancer treatment drug in US market. Alembic Pharmaceuticals on Friday said it has received approval from the US health regulator to market Dasatinib tablets, used to treat certain types of cancers, in the American market
At Rs 79.8 crore, Wipro CEO Delaporte highest paid in Indian IT sector. The Wipro CEO's package in FY22 was Rs 79.8 crore while the Infosys CEO, Salil Parekh drew Rs 71 crore, and the TCS CEO & MD, Rajesh Gopinathan drew 25.8 crore
IPL broadcasting rights: Amazon plans to pull out of Rs 60,000 cr race. Amazon's surprise pullout leaves the field open to Ambani's Reliance, Disney and Sony Group Corp
Indian oil firms to compensate ethanol makers for higher energy costs. Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production
Repo rate hike impact: HDFC raises home loan rate by 50 bps effective today. Effectively, now home loan rates of the lender would start from 7.55 per cent
Fintech startup HostBook raises mn in series A funding led by Razorpay. Hostbooks intends to utilise the Series-A funding to further scale its operations and enhance its existing product suite
Unicorns to take on lease 8.1 mn sq ft office space in 2022-24: Report. Startups with a valuation of billion or more, also called unicorns, are likely to take on lease 8.1 million square feet of office space during 2022-24 period across six major cities, a report said
InsurTech models to help Indian insurance mkt hit 2 bn by FY26: Redseer. New online distribution models such as B2C, B2B and B2B2C are key drivers of growth, with B2C in particular, gaining significant opportunities.
Consumer Affairs Ministry to hold meeting with edtech firms amid complaints. Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".
Coal India to source 6 MT more imported coal; floats medium-term tender. Two days ago, the company for the first time ever issued a tender for purchasing imported coal for gencos.
IIFL Finance up 8% after ADIA picks 20% in housing fin arm for Rs 2,200 cr. This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr
Exprto raises Rs 5 crore in seed funding from GSF, Angel List US, others. Funds raised by the education technology startup will be used to improve overall product service, accelerate growth and build new technologies, the company informed.
Two entities pay Rs 2.43 cr to settle insider trading case with Sebi. Quick Trading and Investment Advisors LLP and Vipul D Modi have settled with market regulator Sebi in case pertaining to insider trading after paying settlement amount totalling Rs 2.43 crore.
Adani group figures in Sri Lanka's parliamentary debate on electricity bill. The state power entity CEB engineers had given notice of a strike to protest the amendments becoming law
DMRC seeks to raise Rs 2,700-crore loan to pay Reliance Infrastructure. As of May 31, DMRC has incurred an interest liability of over Rs 300 crore solely on account of delays in payment to DAMEPL
Akasa Air to partner Griffin for sale, leaseback of Boeing planes. Under sale and leaseback model, the airline sells its planes to a leasing company and then leases them back
Wage cost inflation may moderate IT players' profit margins by 1.5%. The shrinking will be over and above the narrowing of up to 3.50 per cent on the operating profit margin front for most IT companies in FY22
Jeff Bezos, Mukesh Ambani set to battle over .7 bn IPL broadcast rights. Jeff Bezos, Mukesh Ambani's companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders
Escorts receives approvals to change its name to Escorts Kubota Ltd. The name change comes in the wake of Japan's Kubota Corporation increasing its stake in Escorts to 44.8% by subscribing to new equity shares and through
DVI Fund Mauritius dilutes 3.3% stake in GMR Infra for Rs 720 crore. DVI Fund Mauritius Ltd, a public shareholder of GMR Infrastructure, on Thursday divested 3.3 per cent stake in the airports handling company for Rs 720 crore through an open market transaction. The shares were picked up by C/D Investors Fund LP, A/D Invest
Amazon India says it stepping up support plan for LGBTQAI+ employees. Same-gender partner of a worker can sign up for health insurance programme, says company.
Dr Reddy's subsidiary inks pact with US-based Olema Pharmaceuticals. Dr Reddy's Laboratories on Thursday said its subsidiary has inked a pact with US-based Olema Pharmaceuticals Inc to research, develop and commercialise novel small molecule inhibitors of a target
HDFC raises Retail Prime Lending Rate on housing loans by 50 bps. Following the RBI MPC's decision to raise benchmark policy rate by 50 bps, many lenders, including ICICI Bank and BoB, have also raised their external benchmark linked loan rates by an equal amount
Abu Dhabi's ADIA invests Rs 2,200 cr in IIFL Home Finance for 20% stake. This would be one of the largest equity investments in the affordable housing finance segment in India by a financial investor
Cred raises mn in funding led by GIC at .4-bn valuation: Report. The existing investors Tiger Global, Sofina Ventures, Alpha Wave Ventures and DF International also participated in the funding round, said a news report
SAP to double investments in India, sees 'major growth': Executive. Indian talent is 'unbelievable', says Thomas Saueressig, who is a member of the German firm's executive board.
RIL, Apollo put in binding bid to acquire UK pharmacy chain Boots. Offer values UK chemist chain at .3 billion
Bajaj Auto to consider share buyback, first such move after 2000. The move will be discussed in the meeting of the board of directors on June 14.
Can India have a four-day a week working model like the UK?. Following a pilot scheme, British citizens will work for just four days a week without a pay cut for the next six months. Wondering if we in India too can follow the Britons? Let's find the answer
Kerala: IBM launches automation innovation centre to meet business demands. To be in line with the business demands in India, the International Business Machines (IBM) on Monday launched Automation Innovation Centre at Brigade World Trade Centre Info Park in Kerala's Kakkanad
Equinix Inc to invest million for its 3rd data centre in Mumbai. This initial investment by Equinix Inc. for data centre in Mumbai includes an acquisition of a parcel of land, which provides a total space of nearly four acres
CIL issues import tender for 2.4MT of coal, identifies 26 beneficiaries. Last month, the Ministry of Power directed Coal India to import coal for state and private gencos
Akasa Air concludes sale and lease back of 5 Boeing 737 Max planes. Akasa Air ordered 72 Boeing 737 Max aircraft last November
Most rated Indian firms have protections against weaker rupee: Moody's. Have buffers to withstand further 10-15 per cent depreciation
Fish and meat startup FreshR raises .2 million in new funding round. Fish and meat distribution startup FreshR has raised USD 1.2 million (Rs 9.33 crore) in a funding round led by Axilor Ventures and 1crowd, a release said on Thursday.
Apollo, Reliance Industries consortium said to make binding bid for Boots. The bid for the Boots business is fully backed by committed financing, the people said, asking not to be identified because the information is private
Goldman-backed beauty startup Purplle becomes India's newest unicorn. Online cosmetics retailer Purplle raised capital at a .1 billion valuation, becoming the second billion-dollar company to be created in India this week despite souring investor sentiment on startups
Welspun ropes in Tata Steel to develop 'framework' for hydrogen transport. Welspun Corp Ltd (WCL) has partnered with Tata Steel to develop the "framework for and subsequently manufacturing" pipes for transportation of pure hydrogen and natural gas-blended hydrogen
Co-living operator Hyphen raises mn from investors to expand business. Co-living operator Hyphen on Thursday said it has raised USD 1 million (around Rs 8 crore) from investors to expand business
Omaxe partners with Jio-bp to set up EV charging and swapping infra. Jio-bp will set up EV charging and swapping stations at various Omaxe properties across 12 cities under the agreement
Shriram Transport Finance secures 0 mn funding from US govt's DFC. The company will use the money as part of its social finance framework to create employment and to give loans to small businesses
Global crises open new avenues for growth: Chandrasekaran at TCS AGM. Companies that adopt data and AI will have a future, says chairman of software services exporter
Outsourcer iEnergizer Ltd in discussions on sale to buyout firm BPEA. iEnergizer offers customer management and custom content development services, according to its website
Beauty start-up Purplle raises mn in funding, gets unicorn status. It is the second Indian startup this week to be valued at more than billion, after edtech firm Physics Wallah.
CCI penalises 7 entities for bid-rigging in Indian Railways tenders. Besides slapping penalties on certain entities, the watchdog has directed them to cease and desist from anti-competitive practices.
No respite in material and supply chain costs in near term, says Havells. There will be no respite from inflationary pressure on raw material and supply chain costs in the near term, and this could create pressure on the customer's wallet, Havells India CMD Anil Gupta said.
Self-regulation by social media companies a positive step: Legal experts. 'Tactical move by govt in terms of dealing with policy, regulatory challenges'
Lupin receives tentative approval from USFDA to market Ivacaftor tablets. The product is the generic equivalent of Vertex Pharmaceuticals' Kalydeco tablets, Lupin said in a statement
Ayana Renewable Power to invest Rs 12,000 cr in two projects in KarnaÂtaka. Ayana Renewable Power Pvt Ltd (Ayana) is scaling up its presence in Karnataka by setting up renewable energy projects totaling 2 gigawatts (GWs) with an investment of Rs 12,000 crore. At present, it has an operational portfolio of 340 megawatt-alternate cu
German luxury carmaker Porsche forays into pre-owned car segment in India. The Porsche Approved programme is now available across India with a comprehensive warranty on pre-owned cars for a minimum of 12 months
Tamil Nadu agency blacklists Abbott for five years for hiding information. TNMSC Managing Director Deepak Jacob said the step was taken after a complaint from Paris Legal Cell in Chennai
India's Serum Institute to make Novavax's Covid vaccine for US market. The company has indicated in the first quarter earnings call that it has reached a major milestone in its pathway to an emergency use authorisation from the US Food and Drugs Administration
Air Products to supply hydrogen, nitrogen units for IOCL's Barauni refinery. Air Products, a world leader in industrial gases, on Wednesday said it has signed a long term supply agreement with the state-owned Indian Oil Corporation Limited (IOCL).
Amazon blocked 4 bn bad listings in 2021: Director-global brand relations. Amazon's automated technology scanned over 8 billion attempted changes to product detail pages daily for signs of potential abuse, compared to more than 5 billion in 2020
US ends General Motors' steering investigation without seeking a recall. US safety regulators have closed an investigation into sticky power steering on thousands of older General Motors SUVs and will not seek a recall. The National Highway Traffic Safety Administration says GM in 2014 issued "special coverage" to fix the probl
Vedanta pledges 5.77% stake in Hindustan Zinc for Rs 8,000-cr term loan. The Cabinet Committee on Economic Affairs had last month approved the sale of the government's remaining stake of 29.5% in Hindustan Zinc
Airtel users in India report Internet and network outage, services restored. Several Airtel users in India reportedly faced Internet and signal outage on Thursday. However, the company said it has restored the services.
Crompton Greaves plans to raise up to Rs 925 cr via debt securities. The board is scheduled to meet on Monday, June 13, 2022, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing
Future Enterprises defaults on Rs 1.41 cr interest payment for NCDs. The latest default is on the interest of securities issued for a sum of Rs 29 crore
Twitter plans shareholder vote by August on -bn sale to Elon Musk. Musk's lawyers warned Twitter on Monday that he might walk away from the acquisition if the company fails to provide the data he seeks on spam and fake accounts
Top headlines: RBI steps in to save rupee, power crisis deepens, and more. India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government
SpiceJet extends ESOP scheme to employees to recognise efforts amid Covid. SpiceJet extended its ESOP scheme to mid to senior level employees and critical resource staff in recognition of their contribution to the Company in the last three years of the Covid-19 crisis
Rising rates to impact post-pandemic recovery in real estate sector. The rising rates will depress demand and slow down sales
Surfshark to shut down servers in India over govt's new CERT-In rules. Surfshark said that its servers in India will be shut down before June 27, when CERT-In's new rules will come in effect
Mphasis sets up delivery centre in Alberta, Canada; to hire 1,000 people. The Blackstone-backed IT services major Mphasis will offer its next-generation digital technology services to both existing and new Fortune 500 clients through this centre
Reliance Capital CoC to further extend resolution plan submission date. As of now, only three bidders are actively engaged with the lenders for Reliance Capital RCAP resolution including Piramal, Yes Bank and IndusInd.
Mobikwik seeks to raise 0 million in equity after deferring planned IPO. One Mobikwik Systems Ltd. is in talks with investors to raise as much as 0 million in equity to finance business expansion
YES Bank to form alternate Board after exiting restructuring scheme. Yes bank's largest shareholder, SBI, has proposed Prashant Kumar's name for MD & CEO's position for a three-year term
BPCL winds up data room after govt puts off privatisation plan. BPCL had in April last year opened a virtual data room, mostly containing financial information on the company, for the qualified bidders signing Confidentiality Undertaking
IBM begins closing business, laying off staff in Russia: CEO Arvind Krishna. IBM has started an "orderly wind-down" of its business and laying off the workforce in Russia with its CEO Arvind Krishna saying the IT giant will continue to stand by its employees in the country.
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