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: StockMarketNEWS Daily Updates Among the sectors, auto, it and psu banks dragged the most

@StockMarketNEWSWed 22 Jul, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among the sectors, auto, it and psu banks dragged the most. the bse midcap index ended in the green while the smallcap index closed in the red.
Stocks to watch: L&T, HUL, Axis Bank, Bajaj Auto, IndiaMART, Polycab India

Axis Bank gains 8% on better-than-expected June quarter earnings
In q1fy21, the bank's gross non-performing assets (gnpa) were at 4.72 per cent, compared to 5.25 per cent in the year ago quarter and 4.86 per cent in
the fourth quarter.

M&M Financial jumps 10% as stock turns ex-date today for 1:1 rights issue
The board on saturday, july 18, approved a 1:1 rights issue at rs 50 per share, amounting to rs 3,089 crore.

RIL hits Rs 2000 mark; Muthoot Finance, Laurus Labs hit record high
Ril hit a fresh record high of rs 2,000 mark, up 1.4 per cent in intra-day trade today.

Make gradual entry in mkts, understand risks: Sebi chief to small investors
They should start by investing in government securities and later move on to other products, he says

Bajaj Auto Q1 profit tanks 53% YoY to Rs 528 cr, EBITDA margin dips to 14%
The pune-headquarted company's profit before tax (pbt) came in at rs 681.67 crore compared with rs 1,578.78 crore pbt logged in q1fy20 freezes at 20% upper circuit for second straight day
Foreign portfolio investors (fpis) increased stake in to 14.74 per cent in the june quarter from 12.51 per cent in the previous quarter.

Markets nudge higher but fund managers have task cut out in assessing firms
'disconnect between market and macro reality' makes all estimates about companies a risky business, say analysts.

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