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11.09.2020 Share Market Update | Stock Analysis, Results, Dividends and Important Data | MMM | TAMIL

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MARKET HIGHLIGHT: Sensex closed 646 points, higher at 38,840.32 while Nifty logged a gain of 171 points to settle at 11,449.25.

Nifty Bank Advances 199 Pts To 22,466 & Midcap Index 203 Pts To 16,653

Reliance Industries became the first Indian company to hit a market cap of $200 billion. Investors lapped up shares of the company as private equity giant Silver Lake Partners gets ready to invest Rs 7,500 crore in Reliance Retail for a 1.75 percent stake.

State Bank of India The share price was up 2 percent after the lender said it raised Rs 4,000 crore via AT1 bonds.

Sunteck Realty The stock price added 5 percent after global brokerage firm CLSA initiated coverage on the stock with a buy call

Syngene International shares jump 7% on ICMR nod for COVID-19 antibody test kit

Yes Bank repays full Rs 50,000 crore to RBI, says no merger plans with SBI

Serum Institute says COVID-19 vaccine trials halted in India as a precaution after AstraZeneca paused the UK trial

Dilip Buildcon share price jumps 7% after bagging Rs 1,905-crore project in Bihar

Reliance Industrial Infrastructure The stock spiked over 7 percent after Share India Securities bought 1,37,803 shares of the company at Rs 387.65 per share.

Indiabulls Housing Finance The share price was down 3 percent on September 10. The company has sold a part of its stake in OakNorth in HighSage Ventures for Rs 440 crore.

Shriram EPC The stock shed over 3 percent after the company reported a loss of Rs 29.85 crore in Q1 FY21 against a profit of Rs 6.45 crore. Revenue fell to Rs 127.2 crore from Rs 382 crore in the year-ago.

Emami The share price jumped over 4 percent on September 10. The company reported a net loss of Rs 8.77 crore in the quarter ended June 2020

Goa Carbon The stock jumped over 4 percent despite total production declining 36.8 percent

EMI Moratorium: SC hearing deferred till Sept 28, last order asking banks not to declare accounts as NPAs for 2 months to continue. Allowing two weeks to file appropriate documents, decisions. Mechanism of extending benefits to different sectors also to be clarified.

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