News And Updates

Stock Market Updates :12/10/2020

1.    Nifty may touch 12,150, bet on these 3 stock ideas for 11-23% return.
2.    Super rare, purple-pink diamond up for auction, could fetch $38 million.
3.    Silver futures trade firm at Rs 63,365 per kg on strong demand.
4.    Crude oil futures slip nearly 1% to Rs 2,932 a barrel on weak demand, experts see FURTHER downside.
5.    Sahara says Rs 3,226 crore paid to cooperative society members in 75 days.
6.    Rupee logs 1st drop in four sessions, down 12 paise against USD.
7.    Cotton price touches fresh high of Rs 18,850 per bale in October series.
8.    GST Council meeting on October 12: Deadlock over borrowing options expected to be resolved.
9.    Telcos still hopeful of reduction in spectrum price, doing regular follow-up on NDCP: COAI
10.    Motherson Sumi shares down 5%, CLSA retains outperform call.
11.    NABARD subsidiary invests Rs 50 crore via pooled loan in five NBFCs.
12.    Sell USDINR; target of 73.18 - 73.00: ICICI Direct.
13.    ITC share price up 4% after CLSA upgrades stock to buy, expects EBITDA CAGR of 30% in FY20-23.
14.    Gold price today: Yellow metal trades firmly above Rs 51,000; target seen at Rs 51,300.
15.    GTPL Hathway share price jumps 10% after Q2 profit rises 37% to Rs 34 crore.
16.    Shilpa Medicare share price falls 11% on USFDA warning letter.
17.    The Centre's CAPEX is budgeted at Rs 4.13 lakh crore for FY21. On October 12,the finance ministry                       announced an additional budget of Rs 25,000 crore.
18.    Rupee ends lower at 73.27 per dollar.