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Stock Market News - Yes Bank fell, Tata Motors Declines, Reliance Capital falls

NEWS ALERT | FM to brief media at around 4:30 pm today: Govt official
Alert: FM to hold a meeting with key ministries for CAPEX done so far, and requirement ahead

NEWS ALERT | Strides Pharma has announced a suspension of Ranitidine drug's sale in the US market: BSE filing
-- Sale suspended until further clarity by US FDA
Alert: Sale of Ranitidine was under scanner after US FDA raised the issue of carcinogenic NDMA being present in the drug 

Nestle Enters Nifty 50, Replaces Indiabulls Housing Finance Nestle India Ltd. replaced mortgage lender Indiabulls Housing Finance Ltd. in the benchmark Nifty 50 Index and Nifty 50 Equal Weight Index. The indices are reconstituted twice every year based on the data for six months ending January and July. 


ICICI Lombard GIC adds 1% - FAL Corporation, a wholly-owned subsidiary of Canadian investor Prem Watsa’s Fairfax Financial Holdings, has sold 4.99 percent equity stake in ICICI Lombard general insurance for Rs 2,562 crore in a block deal.

Phoenix Mills dips over 2.5%-- Promoters of the company are planning to sell 38 lakh shares, or 2.5 percent stake, as per reports.

Rupee Opens: The Indian rupee opened lower by 7 paise at 70.95 per dollar on Friday against previous close 70.88.

Quess Corp gains over 2% -- It has allotted equity shares by way of the private placement on a preferential issue basis to Amazon.com NV Investment Holdings LLC.

Reliance Capital falls 2.7%--  Brickwork downgraded the rating on Reliance Capital’s secured NCDs program, market-linked debentures and subordinated debt to ‘D’ due to delay in interest payment for NCDs.

Sanghi Industries Jumps 12% After Large Trades Shares of Sanghi Industries rose as much as 11.8 percent to Rs 59.80. About 74.6 lakh share or 2.97 percent equity of the company changed hands in a large trade, Bloomberg data showed. Buyers and sellers were not known immediately.

Yes Bank Worst Performer On Sensex, Nifty Shares of Yes Bank fell as much as 5 percent to Rs 48.50. The stock extended declines for the third consecutive trading session and is the worst performer on Sensex and Nifty.

Tata Motors Declines After JLR Plans To Shut U.K. Factories For A Week Shares of Tata Motors fell as much as 4.5 percent to Rs 118.90.


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  1. Maya Aaliyah9 April 2020 at 13:52

    Nice info!Useful post for everyone. Thanks for sharing.
    Stocks and Shares
    Unified Payments Interface
    SBI Cards and Payments Services
    Tata Consultancy Services Limited

    ReplyDelete
  2. Ady22 July 2020 at 17:26

    Thanks for your valuable information. stock investor is a stock related website which provides day to day information of the stock market
    Eicher Motors Ltd
    Chennai Petroleum Corporation Ltd

    ReplyDelete

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