📰 Latest Economy & Stock Market News
Stock market update: Nifty Pharma index falls 1.7% in a weak market
Updated at : 2021-11-08 11:20:01

The Nifty Pharma index was trading 1.7 per cent down at 13711.1.

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Share price of Shriram Trans Fin jumps as Sensex drops 89.63 points
Updated at : 2021-11-08 11:20:01

Promoters held 25.58 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 53.67 per cent and 6.28 per cent, respectively.

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SBI expects to improve retail asset quality: Dinesh Khara
Updated at : 2021-11-08 10:20:01

“We started recognising stress early and as and when we see the stress, we provide for it. We do not wait for the repayment records to trigger the provisioning.”

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Buy Federal Bank, target price Rs 124: HDFC Securities
Updated at : 2021-11-08 10:20:01

Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 21246.30 Crore).

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Stocks in the news: TaMo, SBI, Sun Pharma, GAIL, NMDC and IOC
Updated at : 2021-11-08 09:20:01

Britannia Industries, Sobha, Aurobindo Pharma, Shyam Metalics and Energy, EID Parry (India), V-Mart Retail, 3i Infotech, Balrampur Chini Mills, KRBL, Elgi Equipments, Vijaya Diagnostics Centre, HG Infra Engineering and Wockhardt are among the companies that will announce their September quarter results today.

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Buy Pidilite Industries, target price Rs 2525: Chandan Taparia
Updated at : 2021-11-08 09:20:01

Pidilite Industries Ltd., incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 122363.33 Crore) operating in Diversified sector.

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Kamal Haasan first Indian actor to be part of a Metaverse
Updated at : 2021-11-08 08:20:01

“I am excited to explore the emerging intersection of the digital and physical world, which is now becoming popularly known as metaverse,” Haasan said.

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India unlikely to take a tough stance on cryptocurrencies
Updated at : 2021-11-08 08:20:01

A high-level government panel had in July 2s019 mooted an outright ban on all forms of private cryptocurrencies. It had suggested a fine of up to Rs 25 crore and imprisonment of as much as 10 years for anyone dealing in them.

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Fuel price cut to help RBI restrain inflation
Updated at : 2021-11-08 08:20:01

Given the bigger reduction in diesel prices, the greater impact will be on logistics costs, reducing the pace of increase in the cost of consumed goods and potentially trimming inflation by around 15-20 basis points, according to Kotak Mahindra Bank. One basis point is 0.01%.

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Adani targets food staples business for expansion
Updated at : 2021-11-08 08:20:01

Billionaire industrialist Gautam Adani will be pouring more resources into acquisitions as he doubles down on his bet on the food staples business. He plans to buy manufacturing facilities in food staples and expand them — a playbook he followed in the edible oil business, which today commands a dominant share of India’s organised market.

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