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News Corner
•MARKET Sensex closes 95 points higher at 38,068 & Nifty 25 points higher at 11,248
• Nifty Bank gains 41 points to 21,452
•Silver futures slip nearly 3% to Rs 60,650 per kg on stronger dollar
•Panacea Bio hits lower circuit after US FDA issues warning letter for Baddi unit
•Nelco and Telesat partner to bring advanced LEO satellite network to India.
•RIL shares gain 1% on General Atlantic-Reliance Retail deal announcement
•VA Tech Wabag's shares rally over 7% after 50 lakh shares allotment to Rekha Jhunjhunwala
•BPCL share price slips 9% after stake-sale deadline is extended yet again
•Indiabulls Housing Finance jumps 5% on selling further stake in OakNorth Holding
•Gati share price falls 3% after founder & MD Mahendra Agarwal steps down
•Welspun Corp share price locked in upper circuit on Rs 1,400-crore order wins
•GMM Pfaudler share price gained 5 percent intraday on September 30 hitting upper circuit of Rs 4.12.85 per share on BSE after Plutus Wealth Management bought shares of the glass-lined equipment maker.
• KPIT Tech rallies 30% in 2 weeks, hits record high as promoters hike stake
•Ramco Systems freezes at 5% upper circuit on order win from logistics major
•Lakshmi Vilas Bank slips 5% amid concerns over Clix Capital deal
•Shriram Transport Finance The stock added over a percent after the company said it is is considering raising of funds through various options of borrowings including by way of issue of debt securities in onshore/offshore market by public issue and/ or private placement basis and commercial papers.
•HDFC The stock ended in the green after National Company Law Tribunal, Mumbai vide its order dated September 29, 2020, has sanctioned the scheme of Amalgamation for merger of HDFC ERGO Health with and into HDFC ERGO.
•Future Enterprises The share price was down 4 percent after the company reported a fresh default on interest payment of non-convertible debentures (NCDs).
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