Thursday, October 1, 2020

Top Things To Know Today Morning:

1. The Indian stock market is expected to have a gap-up opening.
2. Oil prices fell for a second day on Wednesday.
3. DGCA extends suspension of international commercial flights till October 31.
4. India's external debt at $554.5 billion at June-end: RBI
5. Government to borrow Rs 4.34 lakh crore in second half of FY21.
6. Eight core industries' output contracts 8.5% in August.
7. Centre extends GST return due date deadline for FY19 filing to October 31.
8. US economy plunges 31.4% in spring but big rebound expected.
9. Govt slashes domestic natural gas price by 25 percent to $1.79/mmBtu.

Stock Specific News:

1. Reliance Industries announced that co-investors of Silver Lake will invest an additional Rs 1,875 crore into Reliance Retail Ventures Ltd.
2. The National Housing Bank has imposed a penalty of Rs 1.5 lakh on HDFC for non-compliance.
3. Bank of Baroda has dissolved its wholly-owned non-functional subsidiary in UK.
4. Chemcon Speciality Chemicals and CAMS shares will be listed today.
5. Punjab National Bank has reported a borrowal fraud of Rs 1,203.26 crore in the NPA account of Sintex Industries Ltd.
6. Dhanlaxmi Bank shareholders have rejected the appointment of Sunil Gurbaxani as MD and CEO of the bank.
7. Lupin has launched cancer drug Lapatinib tablets in the US.
8. MOIL has raised price of all grades of Ferro, SMGR grades, fines and Chemical grades by 7.5%.