Monday, September 14, 2020

4m | Sep 14, 2020

Top Things To Know Today:

  1. Indian stock market is expected to open in the green.
  2. Oil mixed as storm threatens US gulf production.
  3. India's industrial output for July contracts 10.4%.
  4. Sebi says mutual funds can merge multi-cap schemes, or re-position under different category.
  5. FPIs turn net sellers in September, pull out Rs 2,038 crore so far.
  6. RBI remains net purchaser of US dollar in July, buys $15.973 billion.
  7. 42nd GST Council Meeting Likely To Be Postponed.
  8. Industrial Production Shrinks.

Stock Specific News:

  1. Bharti Airtel: Moody's has revised outlook to stable from negative.
  2. Deepak Fertilisers & Petrochemicals: Sets rights issue price at Rs 133 per share.
  3. Tata Motors: JLR sales are down 15.5% in August at 28,887 units. For Q1FY21, sales fell 42.4% to 74,067 units.
  4. Adani Green Energy: Deal to buy Essel's solar assets is in its final stages and the company is seeking $1.8 billion to build projects.
  5. Adani Enterprises: Adani Land Defence Systems & Technologies has acquired 51% stake in PLR Systems from Fouraces Systems.
  6. TTK Prestige: The company has launched a new category of steel casseroles and will be initially launched in North Indian markets.
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