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Sensex down over 100 points, Nifty below 9,500. This is how the 30-pack index performed in the morning session
Invest in equities, double your SIPs: Prashant Jain, HDFC AMC
Here are the top gainers and losers in the power sector
Price as on 29 May, 2020 11:50 AM, Click on company names for their live prices.
The most important aspect impacting rural every year is how the crop goes and there you have a very-very good winter harvest. Honestly speaking, the rural economy will be a standout and some of the stocks are reflecting that. The second part is how far you can take this trend. As this section of the market which is now becoming fairly valued to expensive and even discretionary stocks like Hero or rural-focussed discretionary stocks get into the category, it will become a difficult push purely owing to valuation even though the fundamentals are less impacted.
Drug firm Lupin has reported a 34.55 per cent rise in its consolidated net profit to Rs 389.63 crore for the quarter ended March 2020 mainly on account of robust sales in the domestic market and lower tax expenses. The company had posted a net profit of Rs 289.56 crore for the corresponding period of the previous fiscal, Lupin said in a late night filing on Thursday.
Bank wise exposures to Voda Idea (Source: KR Choksey Investment Managers)
- SBI: Rs 11,000 croreore, 0.5% of bank AUM
- PNB: Rs 3,000 croreore, 0.7% of bank AUM
- Yes Bank: Rs 4,000 crore, 2.33% of bank AUM
- IIB: Rs 3,500 crore, 1.69% of bank AUM
- IDFC First Bank: Rs 3,240 crore, 3.05% of bank AUM
- ICICI Bank: Rs 1,700 crore, 0.27% of bank AUM
- Axis Bank: Rs 1,300 crore, 0.2% of bank AUM
- HDFC Bank: Rs 1,000 crore, 0.11 of bank AUM
Positive impact on banking stocks if investors like Goggle picks up stake in Voda Idea: Deven Choksey
S&P BSE REALTY biggest sectoral gainer, up 2%. This is how the index stocks are performing
Sensex wipes off all losses, moves into the green
Vodafone Idea, IDFC First Bank, BHEL among top 10 NSE gainers in early trade
Price as on 29 May, 2020 10:22 AM, Click on company names for their live prices.
Wipro appoints Thierry Delaporte as CEO, Managing Director
Price as on 29 May, 2020 10:12 AM, Click on company names for their live prices.
Amidst reports of Google picking up 5% stake in Vodafone Idea, it appears that the Indian telecom and online space is set to witness a spur of activity, which is always welcome. It would offer consumers a better deal and competition in this space is definitely required as the digital space has gained massive importance post COVID-19 and is set to witness multifold growth in coming years
– Aamar Deo Singh, Head Advisory, Angel Broking on Google-Vodafone Deal
Voda Idea shares jump 10% on Google investment report
Shares of Vodafone India jumped 10 per cent in Friday’s trade after a Financial Times report said on…
Go to the news source: sensex today: Markets Live: Wipro gains 4% on appointment as CEO, MD; Prashant J…