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Stock Market News - Eveready Industries Hits, IGL dips over 3%

NEWS ALERT | ICICI Bank cuts lending rate by 10 bps across all tenures with immediate effect Balrampur Chini Mills gains nearly 2%


Eveready Industries Hits 5% -  Lower Circuit Shares of Eveready Industries hit its lower circuit of 5 percent at Rs 75.95. Price Waterhouse resigned as statutory auditor of the company on June 28 citing its inability to analyze the impact of financial support extended by the battery maker to its promoter group entities. The board also entered into an agreement with Madhu Jayanti International to sell assets worth Rs 6 crore related to a packed tea product business.

Reliance Home Finance Slumps Over 7% -  Shares of Reliance Home Finance fell as much as 7.2 percent to Rs 10.95. The company failed to repay the principal obligations on its non-convertible debentures held by Reliance Mutual Fund, worth Rs 400 crore. The non-banking lender paid the interest due on the debentures but failed to honor principal repayment obligations, Reliance Mutual Fund said in a statement.

Indraprastha Gas Ltd slips nearly 3% - Prices of LPG gas have been slashed 

Kalpataru Power wins orders worth Rs 975 crore: the Share price of Kalpataru Power Transmission added more than 2 percent in the early trade on July 1 as the company received orders worth Rs 975 crore.

Rupee Opens: The Indian rupee opened higher by 12 paise at 68.90 per dollar on Monday against Friday close 69.02.

CATCH ALL MARKET UPDATES |

1 Reliance Capital slips 10% in Pre-open
2 Sadbhav Infrastructure Projects zooms 10% in Pre-open
3 Hindalco Industries is trading mildly higher
4 Asian Paints gains 0.6% in early trade
5 SpiceJet gains over 2% in early trade
6 Titan sees profit booking
7 Indiabulls Housing Fin gains 2%
8 DHFL trades mildly higher
9 McLeod Russel slips nearly 5% in trade
10 NTPC rises 2%, highest gainer on the BSE
11 IGL dips over 3%
12 Reliance Infra tumbles over 8%

June Auto Sales | Bajaj Auto

- Total sales at 4.04 lakh units, flat YoY

- Exports at 1.75 lakh units, up 3% YoY

- Domestic sales at 2.29 lakh units, down 2% YoY

TOP GAINERS & LOSERS - 

IndusInd, Bank, UPL, Indiabulls Housing, Vedanta, JSW Steel, Tata Steel, Hindalco, Zee Entertainment, Yes Bank, Bajaj Auto, ICICI Bank, Cipla, Wipro, RIL and Adani Ports are among major gainers on the indices, while losers are BPCL, IOC, Gail, and Titan. All the sectoral indices are trading in the green led by metal, pharma, FMCG, auto, banks, energy and infra. 

Eros International Hits Record Low - Shares Set For Record Losing Streak Shares of Eros International extended fall for the nineteenth consecutive trading session, their longest ever losing streak. The stock hit an upper circuit of 5 percent to trade at a record low at Rs 17.20. About 30.4 lakh shares changed hands in a block deal today.

Adani Power Swings Acquisition Plans - Shares of Adani Power fluctuated between gains and losses to trade 0.19 percent higher at Rs 51.45. The company’s board approved the proposal for the acquisition of insolvent firms Korba West Power Company and GMR Chhattisgarh Energy, in a move that would pave the way for the Gautam Adani-led group flagship to expand capacity.


Sensex | Stock Market | ICICI Bank | Bajaj Auto | Rupee


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