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Market Update is a new playlist in our MMM channel introduced to cover the important data like previous day chart, results, top stocks, dividend and break out stocks for trading with ease.
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News Corner
•Market Highlight: The Sensex ended the day 86 points higher at 38,614 while the Nifty50 closed with gains of 23 points at 11,408.
•Reliance Industries jumps 1.5% on acquisition of pharmacy delivery startup Netmeds
•IIFL Finance raises Rs 100 crore through NCDs
•Dr Reddy's launches Avigan (Favipiravir) tablets in India for Corona Virus Treatment
•Manappuram Finance to raise up to Rs 150 crore via NCDs
•Zinc futures rise marginally to Rs 195.55 per kg
•Sugar stocks jump: Shares of sugar companies, including K M Sugar Mills, Ravalgaon Sugar Farm, Rana Sugars and Gayatri Sugars jumped in trade after the Sugar fair and remunerative price (FRP) was hiked by Rs 10 per quintal to Rs 285 per quintal for 2020-21. Government had kept the FRP unchanged last year, CNBC-TV18 reported.
•Man Industries has received a new export order of approximately Rs 405 crore.
•BASF India buys 100% in BASF Performance Polyamides:
•CG Power and Industrial Solutions share price locked at 5 percent upper circuit on August 19 after private lender Yes Bank has offloaded its stake in the company.
Important Data Result Impact
•A.K.Capital Standalone June 2020 Net Sales at Rs 14.16 crore, down 17.57% Y-o-Y
•Paul Merchants Standalone June 2020 Net Sales at Rs 314.25 crore, down 71.7% Y-o-Y
•EPIC Energy Standalone June 2020 Net Sales at Rs 0.25 crore, down 51.03% Y-o-Y
•JL Morison Standalone June 2020 Net Sales at Rs 17.63 crore, down 24.93% Y-o-Y
•Airan Standalone June 2020 Net Sales at Rs 10.28 crore, down 18.62% Y-o-Y
•East Buildtech Standalone June 2020 Net Sales at Rs 0.04 crore, up 21% Y-o-Y
•Yasho Industrie Standalone June 2020 Net Sales at Rs 72.03 crore, down 10.71% Y-o-Y
•Prime Sec Consolidated June 2020 Net Sales at Rs 10.08 crore, down 4.64% Y-o-Y
•CSB Bank Q1: Net profit came at Rs 53.6 crore against Rs 19.5 crore YoY. Other income came at Rs 74.3 crore against Rs 30.2 crore YoY.
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