Dear Millionaires, Market Update is a 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 Update: The Sensex rose 315 points to end at a new closing high of 43,952.7 while the Nifty was up 94 points to settle at a record close of 12,874.
•Nifty Bank: The Nifty Bank up 587 points.
•Gold prices gold futures for December delivery eased 0.01 percent to Rs 50,825 per 10 grams Silver futures traded 0.24 percent lower at Rs 63,539 per kg.
•Tata Steel | CMP: Rs 521.60 | The stock jumped 6 percent after the company declared its Q2 numbers. The company reported a 59.6 percent year-on-year (YoY) fall in Q2FY21 profit at Rs 1,635.4 crore, against Rs 4,043.5 crore in the corresponding quarter a year ago.
•Eveready Industries India | CMP: Rs 167.40 | The share price was up over 7 percent after the battery and flashlights maker reported over three-fold jump
•Kalpataru Power The stock jumped over 6 percent after the company commissioned power transmission project.
•IIFL Finance The share price surged 20 percent after the company raised Rs 100 crore. IIFL Finance said it has raised Rs 100 crore through issuance of non-convertible debentures on a private placement basis.
•GE Shipping The stock was up over 3 percent after the company signed a contract to buy a second hand Capesize Bulk Carrier.
•Dewan Housing Finance The stock price gained over 4 percent as its lenders are likely to call for fresh bids for the bankrupt home financier
•L&T delivers India's first launch hardware for Gaganyaan Mission despite COVID-19 restrictions
•NBCC | CMP: Rs 24.95 | The stock added over 2 percent after the construction company said that it secured total business of Rs 1,165.52 crore in October 2020
•ONGC | CMP: Rs 71.25 | The stock shed 2 percent after the oil explorer reported 54.6 percent fall in Q2FY21 net profit at Rs 2,877.8 crore as against Rs 6,336.2 crore.
•Sadbhav Engineering | CMP: Rs 48.80 | The stock price ended in the red after the company’s net profit in Q2FY21 declined to Rs 5.2 crore from Rs 25.8 crore.
•BPCL | CMP: Rs 395.30 | The share price shed over 4 percent on November 17. The government said several local and foreign investors have expressed interest in buying its 52.98 percent stake in the fuel retailer.
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