: StockMarketNEWS Daily Updates Bank, financial stocks tumble

@StockMarketNEWSTue 14 Jul, 2020

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Bank, financial stocks tumble; RBL Bank, IndusInd Bank shed 4-5 percent each, SBI, BOB slip
Bank nifty shed 2 percent dragged by rbl bank which shed over 5 percent followed by bank of baroda, indusind bank and bandhan bank which were down over 3 percent each.

Except pharma, all other sectoral indices ended in the red, while bse midcap and smallcap indices ended 1 percent lower.

Wipro Q1 Preview: Profit, revenue may fall; commentary on margin key monitorable
While the numbers are expected to show the pressure of coronavirus pandemic, investors will focus on the commentary on margin and the road ahead of the
company.

5paisa Capita Standalone June 2020 Net Sales at Rs 42.33 crore, up 85.12% Y-o-Y

Mindtree Q1 profit rises 3.3% to Rs 213 crore, dollar revenue falls 9%
Mindtree added six new clients in the quarter, taking the client count to 292 as of june 30, while its order book stood at 1 million.

Cipla share price rises on USFDA nod; surges 45% in 9 months
Ciplaâ??s icatibant injectable pre-filled syringe 30mg/3ml is ap-rated generic version of shireâ??s firazyr.

HDFC Bank probes auto loan practices; stock down 2%
The allegations pertain largely to the professional conduct which raises issues about possible conflicts of interest, sources said, stressing the quality
of the bank#39;s auto loan book is strong.

Citi downgrades BHEL to sell; stock down 9%
The share price added 79 percent in the last 3 months.

Biocon to launch COVID-19 drug; stock jumps 5%
Biocon said the approval of itolizumab, from the dcgi, is based on the results from the successful conclusion of a randomized, controlled clinical trial
at multiple hospitals in mumbai and new delhi.

BF Utilities shares hit upper circuit after Radhakishan Damani buys 1.3% stake
Ace investor and billionaire radhakishan damani acquired 4.91 lakh equity shares, in kalyani group company bf utilities during the quarter-ended june 30.

Eveready Industries share price jumps 10% on reports of Dabur promoters picking stake
Bse has sought clarification from eveready industries on the burmans picking up an 8.8 percent stake in the company.

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