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: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Among the sectors, the auto index jumped almost 3 percent while the midcap index gained one percent

@StockMarketNEWSFri 12 Jun, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among the sectors, the auto index jumped almost 3 percent while the midcap index gained one percent. it and power stocks came under pressure.

H-1B worries resurface; Infosys, TCS, Tech Mahindra, HCL Tech, Wipro end in red
Faced with massive unemployment in the us, president donald trump may suspend employment visas, including h-1b that most indian it professionals rely on,
media reports have said.

SBI Life share price dips 2% as SBI offloads 2% stake via OFS
The floor price for the sale will be rs 725 per equity share.

Aarey Drugs share price slips 6% as FPIs sell stake
In previous three consecutive sessions, another fpi - lts investment fund - which is based in mauritius sold its entire 4.13 percent stake in the pharma

RIL share price falls 2% ahead of rights shares listing
Mukesh ambani has received 5.52 lakh partly paid-up equity shares in a mega rs 53,124-crore rights issue.

D-Street Buzz: IndusInd Bank, Axis Bank fall 3-5%; volumes of SBI, RBL Bank rise
Indusind bank was down over 5 percent followed by kotak mahindra bank, punjab national bank, rbl bank, icici bank, axis bank and hdfc bank.

Biocon shares gain 2% on USFDA nod for insulin glargine injection
Biocon and mylan n.v. announced that the us food and drug administration has approved the new drug application for semglee (insulin glargine injection)
in vial and pre-filled pen presentations

D-Street Buzz: IT stocks under pressure; Infosys, Tech Mahindra down 2-3%, NIIT Tech falls
Sp bse it shed a couple of percentage points with tvs electronics, 3i infotech and expleo solution down 5 percent each.

HDFC shares fall 3% as it announces bond issue of up to Rs 4,000 crore
Hdfc said that it will raise up to rs 4,000 crore by issuing bonds on private placement basis. the issue size of the secured redeemable non-convertible debentures, to open on june 15

D-Street Buzz | Metal mining stocks crack; NMDC, Tata Steel, Coal India fall 3%
Worries over the second wave of the covid-19 virus which had rattled financial markets weighed on the base metal prices also.

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