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: StockMarketNEWS Daily Updates Nifty Pharma index rallies nearly 3percent

@StockMarketNEWSFri 14 Aug, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Nifty Pharma index rallies nearly 3%; Lupin surges 10%, Cipla, Cadila up 3percent. On a weekly basis, sensex slipped 0.4 per cent while nifty lost 0.3 per cent

Bank stocks crack; Nifty Bank index declines over 3%; Axis Bank, BoB dip 4%
The federal bank, icici bank, indusind bank, hdfc bank, and bandhan bank slipped in the range of 1.5-3 per cent

Ramco Cements slips over 2.5% as Q1 PBT drops 43% to Rs 157.5 crore
The company said the progress of the ongoing capex programme has been delayed due to covid-19.

Hindalco dips 1.5% on Rs 709 crore loss in June quarter
At 2:24 pm, the stock was trading 0.5 per cent lower at rs 182.6 on the bse, as against 593 points, or 1.56 per cent, dip in the s&p bse sensex

Parag Milk Foods up 7% on launching a new product in its premium category
The profit margins of dairy companies are expected to increase in the september quarter after a sharp contraction in the march and june quarters.

Balkrishna Ind drops 5% post weak Q1 result; declares dividend of Rs 3/sh
Consolidated profit before tax (pbt) fell 32.5 per cent to rs 172.27 crore, as against rs 255.15 crore in q1fy19

Telecom stocks trade flat ahead of today's SC hearing on AGR payments
In its last hearing, the sc had asked the centre to prepare a plan for recovering agr dues from bankrupt telecom operators

July palm oil imports rise to a 10-month high at 824,078 tonnes: Trade body
The country's soyoil imports in july surged 52 per cent from a year ago to 484,525 tonnes

MF sector adds 560,000 investor accounts in July, debt funds gain traction
Of the total new folios last month, more than 400,000 were added in debt funds

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