Tuesday, September 15, 2020

4m | Sep 15, 2020

Top Things To Know Today:

  1. The Indian stock market is expected to open on a cautious note following global cues
  2. Oil prices slipped slightly on Monday amid concerns
  3. The Rupee recovered 6 paise to end 73.47 against the US dollar
  4. Bank credit grows by 5.49%, deposits by 10.92%
  5. India's retail inflation stood at 6.69% in August
  6. EPF withdrawals during lockdown at nearly Rs 40,000 crore
  7. Government has sought the Parliament's nod for additional cash expenditure of Rs 1.67 lakh crore

Stock Specific News:

  1. ICIC Bank has got an exemption from paring stake in its life and non-life subsidiaries to 30 percent for a period of three years.
  2. Indiabulls Housing Finance board has approved the closure of QIP issue and approved the issue price at Rs 196.37 per share.
  3. SAIL reported a loss of Rs 1,226.5 crore in Q1FY21 as against a profit of Rs 102.7 crore.
  4. Central Bank of India has reduced its marginal cost of funds-based lending rates (MCLR) by 5 bps across all tenors.
  5. Mindspace Business Parks REIT will raise up to Rs 500 crore via NCDs.
  6. PVR has reported a net loss of Rs 225.6 crore in Q1FY21 as against a profit of Rs 17.6 crore, YoY.
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