@StockMarketNEWS Mon 20 Jul, 2020
Latest #StockMarketNEWS by #MunafaSutra Daily Updates
Among sectors, except pharma other indices ended in the green. bse midcap and smallcap indices ended with 1percent gain.
Telecom stocks end in the green after SC hearing on AGR case; RCom, Tata Teleservices jump 4percent each
Reliance communications and tata teleservices jumped over 4 percent while bharti airtel and vodafone idea added a percent each.
Britannia share price jumps 5%; CLSA, Phillip Capital, Kotak raise target price
Kotak institutional equities has upgraded the stock to an #39 ;add#39; from #39;reduce#39;, raising the target price by 25.8 percent to rs 4,150 from rs
HCL Tech shares climb 4%; CLSA maintains buy call, raises target price by 14%
Clsa maintained a #39;buy#39; call on the stock and raised the target price by 13.85 percent to rs 740 from rs 650.
Rights issue bandwagon: MM Financial, PVR, Shriram Transport ABFRL gain
A rights issue is a mechanism for listed firms to raise additional capital by inviting existing shareholders to buy new shares proportionate to their existing
holding at a discount to the prevailing market price.
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