Dear Millionaires, 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 Update: The Sensex ended 162.94 points while the Nifty gained 40.85 points to settle at 11,937. Nifty Bank advances 323 points to 24,635
•Gold futures gold futures for December delivery rose 0.14 percent to Rs 50980 per 10 grams
• Silver futures traded 0.57 percent higher at Rs 63483 per kg
•Bajaj Finance Q2 net profit falls 36% to Rs 965 crore; NII up 4% YoY. Stock traded in red
•Colgate slips more than 2% despite reporting in-line earnings. Declares interim divided of Rs.18 per share
•Britannia falls for 2nd day after Q2 results; down more than 4% today
•SBI announces up to 25 bps concession on home loan rates
•L&T Infotech (LTI) rose nearly 6 percent on Wednesday after the company reported a strong set of numbers in the September quarter. The firm reported a 26.7 percent increase in consolidated net profit to Rs 456.8 crore for the quarter ended September 2020.
•Rakesh Jhunjhunwala cuts stake in Escorts to 5.64%; shares slip in trade
•The government estimates a likely outgo of Rs 5,500 crore on the compound interest waiver.
•UltraTech Cement Q2 profit jumps 113% to Rs 1,235 crore
•Metal shares extend gain on demand recovery; Jindal Steel, Tata Steel up 4%
•Hindustan Zinc jumps 4% as board approves dividend of Rs 21.30 per September quarter earnings
•Biscuit maker Mrs Bectors Food files Rs 550-crore IPO papers with Sebi
•Newgen Software zooms 20% on robust September quarter results
•Godrej Industries The stock jumped 3 percent after ace investor Ramesh Damani bought 1.46 percent
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