News And Updates

Stock Market Updates :14/10/2020

•    Taking Stock: Bulls put Nifty back above 11,900, Sensex rallies 169 points
•    GST compensation deadlock: Centre allows 20 states to mobilise Rs 68,825 crore
•    Wipro CFO says impact of new H-1B visa rules to be less on company as its localisation in the US is 71.9%
•    HUL Q2 PAT seen up 7% YoY to Rs. 1,977.9 cr: ICICI Direct
•    Silver futures trade firm at Rs 61,080/kg, faces resistance near Rs 62,000 levels
•    SEBI gives more time to submit applications for securities market trainers
•    Rupee settles 4 paise higher at 73.31 against US dollar
•    UltraTech Cement Q2 PAT seen up 73.8% YoY to Rs. 1,110.8 cr: ICICI Direct
•    Dabur India Q2 PAT seen up 9.8% YoY to Rs. 443.1 cr: ICICI Direct
•    Cotton futures trade firm at Rs 19,140 per bale on positive global cues
•    Hold Wipro; target of Rs 360: Emkay Global Financial
•    Gold likely to remain choppy, stick to buy-on-dips approach: Kotak Securities
•    EPFO to sell ETFs worth Rs 9,000 crore to meet FY20 PF rate of 8.5%: Report
•    Sagar Cements Q2 PAT to Rs. 43.5 cr: ICICI Direct
•    Shree Cement Q2 PAT seen up 25.3% YoY to Rs. 387.3 cr: ICICI Direct
•    JK Laxmi Cement Q2 PAT may dip 1.5% YoY to Rs. 45.2 cr: ICICI Direct
•    Exclusive | Indian bonds likely to start trading on global indices in 9 months
•    JK Cement Q2 PAT seen up 11.1% YoY to Rs. 120.8 cr: ICICI Direct
•    Reduce Cipla; target of Rs 657: Prabhudas Lilladher
•    Gold price today: Yellow metal trades higher; may face resistance near Rs 50,550-levels
•    Infosys Q2 beats estimates with 14.4% profit growth
•    Crude oil futures fall 1.25% to Rs 2,921 per barrel on weak demand
•    nfosys share price dips 2% ahead of Q2 earnings
•    Karnataka Bank share price jumps 5% as Q2 profit rises 13% to Rs 119 crore
•    HFCL Consolidated September 2020 Net Sales at Rs 1,054.32 crore, up 7.64% Y-o-Y
•    Wall Street closes lower on vaccine delay, dampened stimulus hopes
•    Asian equities set to slip as vaccine trials, stimulus talks stall
•    Infosys Q2 beats estimates with 14.4% profit growth; company raises full year revenue, margin guidance
•    WPI inflation rises to 1.32% in September mainly on costlier food articles
•    Natural gas futures down nearly 6% to Rs 197.6/ mmBtu on weak global cues
•    UTI AMC loses 14% on Day 1 of trading, close at Rs 476.60
•    Debt MFs log outflow for 2nd consecutive month in September on withdrawal from liquid funds
•    Mutual fund monthly SIP inflows, AUM fall a tad in September; but SIP folios rise MoM