Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 3.9 Affected by the weak global cues, Sensex on Thursday slid by 394.40 points or 1.02 per cent to close at 38220.39 levels. Nifty slipped by 96.20 points or 0.84 per cent to close at 11312.20 levels, whereas the India VIX stood at 20.62 jumping 3.31 per cent.
Q1FY21 results: Sheela Foam net profit plunges 70 per cent YoY to Rs 11.8 crore Q1FY21 results: Sheela Foam net profit plunges 70 per cent YoY to Rs 11.8 crore DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 4.3 The consolidated net sales reported in Q1FY21 came in at Rs 268.97 crore, which declined by 47.7 per cent YoY from Rs 514.24 crore in Q1FY20.
Stocks witnessing selling pressure in July 2020 Stocks witnessing selling pressure in July 2020 DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 4.6 As every coin has a flip side, mutual funds are no different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.
Banks likely to restructure Rs 8.4 lakh crore of loans: Ind-Ra Banks likely to restructure Rs 8.4 lakh crore of loans: Ind-Ra Nidhi Jani / Thursday, August 20, 2020 / Article rating: 4.2 Out of the overall loans set to be restructured, almost 60 per cent of them were inclined to slip into the non-performing assets (NPAs) category if not for the recast move. The restructuring will help banks' bottom-line as the money to be set aside as provisions will be lower.
Tata Chemicals share price ride high on soda ash business Tata Chemicals share price ride high on soda ash business Pratik Shastri / Thursday, August 20, 2020 / Article rating: 3.4 Soda is a part of the basic chemistry product segment, which contributes to more than 60 per cent of its consolidated revenue. The company has announced that the ongoing Capex for capacity expansion is near completion at its Mithapur Plant.
Stocks attracting fund managers in July 2020 Stocks attracting fund managers in July 2020 DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 3.8 Everyone is eager to know what the mutual fund managers bought and sold but mostly keen to know what they actually bought. So, let’s know more about the stocks that attracted fund managers in July 2020. Let’s find out.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 3.6 The market opened in red on August 20, 2020.
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 3.5 The market opened in red on August 20, 2020, overall volumes in futures & options currently stand at 2,31,54,956 crore contracts with a turnover of Rs. 15,89,921.82 crore.
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Thursday, August 20, 2020 / Article rating: 3.5 The market opened in red on August 20, 2020, overall volumes in futures & options currently stand at 2,31,54,956 crore contracts with a turnover of Rs. 15,89,921.82 crore.
PNB Housing Finance approves fundraising of Rs 1,800 crore PNB Housing Finance approves fundraising of Rs 1,800 crore Amir Shaikh / Thursday, August 20, 2020 / Article rating: 4.5 PNB Housing Finance informed the bourses that its board of directors at its meeting held on August 19, 2020, have approved the fundraising plan through equity capital aggregating up to Rs 1,800 crore through preferential issue or rights issue