: StockMarketNEWS Daily Updates Nifty Auto index skids 3%; Bajaj Auto, Hero MotoCorp down 6%

@StockMarketNEWSMon 26 Oct, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Nifty Auto index skids 3%; Bajaj Auto, Hero MotoCorp down 6%
At 12:49 pm; nifty auto index, top loser among sectoral indices, was down 3 per cent, as compared to 1.2 per cent decline in the nifty50 index.
Stocks to watch: Nestle, JSW Steel, Tech Mahindra, Polycab, SBI Life, L&T


Tata Motors Q2 preview: Up to Rs 3,212 crore loss seen amid JLR's struggles
At the bourses, shares of tata motors surged 32.3 per cent during the september quarter as compared to 9 per cent gain in the s&p bse sensex, ace equity data show


Thyrocare rallies 10%, hits record high on expectation of strong Q2 results
Earlier this month, the company reported nearly 37 per cent year-on-year and over 100 per cent sequential growth in aggregate revenue for q2fy21


Future Group stocks under pressure as deal with Reliance put on hold
Reliance industries, too, dipped 2 per cent on the bse


Polycab shares rally 6% on strong operational performance in Q2
In q2fy21, the company's ebitda grew 16 per cent year on year at rs 312 crore, and margin improved 272 basis points to 14.76 per cent over the previous year quarter


Tech Mahindra slips over 2% after Q2 result; should you buy the stock?
The company, on friday, reported a 5.3 per cent year-on-year (yoy) decline in its net profit at rs 1,064 crore for the september quarter.


IndusInd Bank soars 4% on takeover buzz; promoters call rumor 'baseless'
According to a bloomberg report, uday kotak, founder and chief executive officer (ceo) of kotak mahindra bank, is looking at the possibility of an all-stock acquisition of indusind bank


YES Bank extends gain after reporting net profit of Rs 129 crore in Q2
Net interest income (nii) rose 3.4 per cent sequentially to rs 1,973 crore in q2 from rs 1,908 crore in the previous quarter


Larsen & Toubro gains 2% as board to consider special dividend on Wednesday
The stock quoted higher for the seventh straight days, and has gained 8 per cent during the period.




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