@StockMarketNEWS Tue 23 Jun, 2020
Latest #StockMarketNEWS by #MunafaSutra Daily Updates
All the sectoral indices ended in the green. bse midcap and smallcap indices rose over one and a half percent each.
Infosys, HCL Tech, Wipro among IT stocks under pressure on banning of H-1B visa
The listed adrs of the infosys and tcs ended 0.11 percent and 1.52 percent lower respectively in the yesterday#39;s trading session on the wall street.
Skipper shares surge 18% after Q4 profit rises; Board recommends dividend
It was the top bse smallcap gainer which was trading with volumes of 29,016 shares, compared to its five day average of 17,260 shares, an increase of 68.11
Info Edge shares jump 5%, Board approves raising funds via QIP
The board of directors of info edge (india) approved raising of funds through issue of equity shares of face value of rs 10 each of the company by way of qualified institutions placement.
Metal stocks rise led by Welspun Corp, Hindalco; NALCO, JSW Steel gain
Share price of hindalco industries was one of the top nifty gainers while that of welspun corp touched upper circuit of rs 85.15 per share.
FMCG stocks gain led by HUL, Colgate; Dabur, Nestle, Marico up 1-2%
Fmcg stocks are buzzing led by hindustan unilever, colgate palmolive, dabur india, nestle india and tata consumer which added over 2 percent each.
Power Grid shares rise 3% on CLSA upgrade to buy
The board has recommended a final dividend of rs 4.04 per share for the financial year 2019-20.
LT share jumps 5% after construction arm bags order from NHAI
The transportation infrastructure business has secured an epc contract to construct packages 11 and 22 of the delhi vadodara expressway, which when completed will be the country#39;s longest expressway of nhai.
Bajaj Finance overtakes SBI in market value again, HSBC still expects 30% upside
The nbfc major has gained 712 percent since the start of 2016, to hit an all-time closing high of rs 4,880 on february 20, 2020.
Hold AIA Engineering; target of Rs 1705: ICICI Direct
Icici direct recommended hold rating on aia engineering with a target price of rs 1705 in its research report dated june 23, 2020.
Hold Shalby; target of Rs 70: ICICI Direct
Icici direct recommended hold rating on shalby with a target price of rs 70 in its research report dated june 22, 2020.
Buy Emmbi Industries; target of Rs 85: ICICI Direct
Icici direct is bullish on emmbi industries has recommended buy rating on the stock with a target price of rs 85 in its research report dated june 22,
Buy Thermax; target of Rs 865: YES Securities
Yes securities is bullish on thermax has recommended buy rating on the stock with a target price of rs 865 in its research report dated june 21, 2020.
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