Equity indices bleed for third consecutive weekly closing day Equity indices bleed for third consecutive weekly closing day Pratik Shastri / Friday, March 6, 2020 / Article rating: 4.0 On broader levels, BSE 200 and BSE 500 ended the session down by 1.78 per cent and 1.85 per cent for the week. BSE 200 was topped by Indiabulls Ventures, which ended the week up by 27 per cent while on the losing side, Yes Bank lost nearly 53 per cent of its value during the week.
AGR: Vodafone Idea submits self-assessment of Rs 21,000 crore AGR: Vodafone Idea submits self-assessment of Rs 21,000 crore Pratik Shastri / Friday, March 6, 2020 / Article rating: 5.0 Vodafone Idea has on March 6, 2020 filed its self-assessment of the AGR liabilities with DoT. The self-assessment discloses that the AGR liabilities of the company aggregates to Rs 21,533 crore including a principal amount of Rs 6,854 crore for the period from FY 2006-07 to FY 2018-19 and interest up to February 2020.
Meghmani Organics still playing safe from Coronavirus Meghmani Organics still playing safe from Coronavirus Pratik Shastri / Friday, March 6, 2020 / Article rating: 2.7 Though the company added that it has adequate inventory for current quarter, its large operational season starts in June, which can be expected to be little worrisome for the company if the virus-related shutdown in China is not dissolved.
MF Update: Yes Bank holdings affect mutual funds MF Update: Yes Bank holdings affect mutual funds DSIJ Intelligence / Friday, March 6, 2020 / Article rating: 4.0 Due to a concern over Yes Bank’s survival and honouring of its debt obligations, MFs holding the debt instruments of Yes Bank would get affected. Read on to find out more.
Rupee weakens again as Coronavirus fear continues Rupee weakens again as Coronavirus fear continues Apurva Joshi / Friday, March 6, 2020 / Article rating: 5.0 Indian rupee weakened against US dollar on Friday, followed by continued foreign fund outflows and weak domestic equities amid a sell-off across the globe as the spread of Coronavirus pandemic stoked fears of recession.
Force Motors down after recording lacklustre February sales Force Motors down after recording lacklustre February sales DSIJ Intelligence / Friday, March 6, 2020 / Article rating: 2.6 The shares of Force Motors were trading down by five per cent on Friday after the company reported subdued sales number for February 2020.
Capital-starved Yes Bank tanks 85 per cent Capital-starved Yes Bank tanks 85 per cent Amir Shaikh / Friday, March 6, 2020 / Article rating: 4.4 Capital-starved Yes Bank has tumbled more than 85 per cent on the bourses today as the country's central bank has imposed a moratorium on the bank and capped withdrawals at Rs 50,000 per account
Dr Reddys Laboratories plunge post USFDA audit in Plant-5 Dr Reddys Laboratories plunge post USFDA audit in Plant-5 Avalokita Pandey / Friday, March 6, 2020 / Article rating: 4.7 The shares of Dr Reddy’s Laboratories plunged today after the multinational pharmaceutical company announced on Thursday that an audit has been conducted at its API manufacturing Plant-5 in Telangana by USFDA, after which, the agency issued a form 483 with three observations.
The downside protection myth! The downside protection myth! DSIJ Intelligence / Friday, March 6, 2020 / Article rating: 3.0 Downside risk is something that investors look for reducing the risk of loss during the worst time and they feel active managers can do it better. This is a myth that needs to get busted.
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Friday, March 6, 2020 / Article rating: 5.0 The market opened in the red on March 6, 2020, overall volumes in futures & options currently stand at 5,72 crore contracts with a turnover of Rs. 37,12,514.30 crore.