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News Corner
•Market Update: The Sensex ended 580 points lower at 43,600 while the Nifty fell 166 points to settle at 12,772 . Nifty Bank down 846 points.
•Gold gold futures for December delivery fell 0.71 percent to Rs 49,970 per 10 grams Silver futures traded 1.53 percent lower at Rs 61,589 per kg.
• Vodafone Idea stock price jumps 4% after reports of funding offer.
•TCS shareholders approve up to Rs 16,000-crore buyback plan.
•Kingfisher Plc expands partnership with TCS: Tata Consultancy Services has expanded its partnership with Kingfisher plc, a leading home improvement company in the UK and Europe.
Pfizer shares surge over 6% as co ends Phase 3 vaccine trial with 95% efficacy
•Spicejet | CMP: Rs 74 | The share price jumped over 11 percent after Boeing 737 Max aircraft received US FAA clearance.
•Titan Company | CMP: Rs 1,292 | The stock added a percent after the company saw good traction across all its businesses in the festive season.
•Hero MotoCorp shares rally 5% on robust festive season sales.
•GPT Infraprojects | CMP: Rs 32.45 | The share was up 10 percent after the company won a contract worth Rs 162.83 crore.
•Vedanta | CMP: Rs 112.40 | The stock gained over 3 percent after the company put in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum for which a major foreign player is also said to be in the race
•Dewan Housing Finance | CMP: Rs 20.30 | The stock price added 5 percent on November 19.
•Piramal Enterprises on Friday has asked the Committee of Creditors (CoC) to reject Adani Properties' proposal to bid for the entire portfolio of the troubled non-banking finance company DHFL or it would withdraw from the process, sources privy to the developments
•GTPL Hathway | CMP: Rs 121 | The stock was down 3 percent on November 19. The company sold its entire 61.5 percent stake in GTPL Space City Private Limited on November 18, 2020
•Power Grid | CMP: Rs 190.20 | The share was up over 2 percent after The Supreme Court asked power companies to file their submissions and suggestions on loan relief plea to Reserve Bank of India(RBI) and Centre.
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