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story : StockMarketNEWS Daily Updates Bank Nifty outperforms led by ICICI Bank, SBI; Axis Bank, BoB, RBL Bank up 4-6percent

@StockMarketNEWS Mon 19 Oct, 2020 Report

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Bank Nifty outperforms led by ICICI Bank, SBI; Axis Bank, BoB, RBL Bank up 4-6%
Icici bank jumped 4 percent and is the top index gainer followed by axis bank, federal bank, state bank of india, rbl bank and indusind bank.

Tata Communications shares hit upper circuit after Q2 profit surges 7-fold to Rs 385 crore
Consolidated revenue grew 4.5 percent to rs 4,477.18 crore during the reported quarter from rs 4,282.3 crore in the year-ago period, it said in a bse filing.


Inox Wind share price gains nearly 7% on order win
The orders are expected to be commissioned by march 2021.


Federal Bank share price jumps 5% on asset quality improvement, dip in NPA
Asset quality has seen improvement with gross non-performing assets (npa) falling 12bps sequentially to 2.84 percent in q2fy21, while net npa declined
23 bps qoq to 0.99 percent at the end of september quarter.


Spencer Retail share price jumps over 6% after Radhakishan Damani raises stake
The share price added 18 percent in the last one year.


Amber Enterprises shares surge 18% in 2 days after ban on AC imports
The directorate general of foreign trade has put ac imports with refrigerants under the prohibited list.

Cosmo Films share price gains 7% as board to consider share buyback
The share price jumped 129 percent in the last one year.


Route Mobile shares correct 24% in 3 weeks but experts remain bullish
Angel broking is bullish on the company considering that it is a scalable business model, which can grow without capital infusion.




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