: StockMarketNEWS Daily Updates Among sectors, nifty metal and nifty bank indices rose over 2 percent each

@StockMarketNEWSTue 17 Nov, 2020

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among sectors, nifty metal and nifty bank indices rose over 2 percent each, while selling was seen in the energy, pharma and it stocks.
Metal stocks shine led by Tata Steel, stock jumps 7%; JSPL, Hindustan Copper up 4% each
Apart from tata steel, the other metal gainers included ratnamani metal followed by jindal steel power, nmdc, nalco and hindustan copper.

IIFL Finance stock hits 20% upper circuit on Rs 100 crore fundraising; volume surges
The stock witnessed spurt in volume by more than 4.79 times and was trading with volumes of 352,381 shares, compared to its five day average of 90,796
shares, an increase of 288.10 percent.

RIL share price gains as arm acquires stake in Urban Ladder Home Decor
Rrvl proposes to make a further investment of up to rs 75 crore which is expected to be completed by december 2023.

Rajesh Exports share price gains as Q2 sales jumps 52% to Rs 10,2149 crore
Sales of rajesh exports jumped 52.86 percent to rs 1,02,149.84 crore in the quarter ended september 2020 as against rs 66827.37 crore during the previous
quarter ended september 2019.

Eveready Industries share price up 4% as Q2 profit jumps 3-fold to Rs 57 crore
Its revenue from operations was up 6.95 percent to rs 372.62 crore during the quarter under review as against rs 348.40 crore in the year-ago period.

GE Shipping signs contracts to buy second hand capesize bulk carrier; share price gains 2%
The company has also contracted to buy a secondhand lr2 tanker which will be delivered to us in q3 fy21.

Kalpataru Power shares jump 4% after commissioning of Kohima-Mariani power transmission project
Kmtl was set-up to implement a transmission system under north eastern region strengthening scheme (nerss-vi) on build own operate and maintain (boom) basis.

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