News And Updates

Stock Market Updates :13/10/2020

• Crude palm oil futures trade higher near Rs 800 per 10 kg on firm demand.
• Wipro Q2 profit up 3.2%, guidance for Q3 IT services revenue growth at 1.5-3.5%.
• Motilal Oswal, Oil ended the week on strong note, with a near double digit weekly gains of 10% .
• Silver futures fall 0.32% to Rs 62,871 per kg on firm dollar.
• Natural gas trades lower at Rs 208.20 per mmBtu in afternoon trade.
• Rupee settles 7 paise lower at 73.35 against US dollar.
• China’s trade growth accelerates in September; exports up 9.9%.
• Pepper Content raises $4.2 million in funding round led by Lightspeed India.
• Morgan Stanley sees Sensex at 45,000 by June in bull case; 20 stocks on 'focus list'.
• Steel Strips Wheels shares gain 5% on orders from the US & EU market.
• HFCL Consolidated September 2020 Net Sales at Rs 1,054.32 crore, up 7.64% Y-o-Y.
• Bhansali Eng Standalone September 2020 Net Sales at Rs 307.85 crore, up 10.13% Y-o-Y.
• GTPL Hathway Standalone September 2020 Net Sales at Rs 403.18 crore, down 13.95% Y-o-Y.
• Indian Acrylics Standalone September 2020 Net Sales at Rs 133.98 crore, down 34.99% Y-o-Y.
• Shalby Standalone September 2020 Net Sales at Rs 109.33 crore, down 13.12% Y-o-Y.
• Steel Str Wheel Standalone September 2020 Net Sales at Rs 404.74 crore, up 11.78% Y-o-Y.
• GNA Axles Standalone September 2020 Net Sales at Rs 222.11 crore, down 13.23% Y-o-Y.
• Ind Bank Housin Standalone September 2020 Net Sales at Rs 0.11 crore, down 22.47% Y-o-Y.
• Shalby share price rises 4% after Q2 profit jumps to Rs 24 crore.
• Nifty jumps from 11,000 to 12,000, nearly 30 stocks rise 50-150% in less than 3 months.
• Vivimed Labs share price up nearly 5% on approval of products.
• Gold price today: Yellow metal trades below Rs 51,000; Silver falls over 1%.