Friday, September 11, 2020

3m | Sep 11, 2020

Top Things To Know Today:

  1. Indian equity market is expected to open in the red.
  2. India, China foreign ministers agree to quickly disengage border troops.
  3. IMF: India needs fresh fiscal stimulus to tide over COVID-19 crisis.
  4. US weekly jobless claims stuck at higher levels.
  5. India rice prices hit an 18-month peak as coronavirus strains export logistics.

Stock specific news:

  1. Yes Bank says no merger plans with SBI, repays entire Rs 50,000 crore to RBI.
  2. The Rs 600-crore IPO of Route Mobile was subscribed more than 4x on Thursday, a day before its close.
  3. Suzuki Motor Corporation has increased its stake in Indian subsidiary Maruti Suzuki to 56.37 per cent by purchasing 2.84 lakh equity shares from the market.
  4. Info Edge is set to trade actively in today's session after Zomato's CEO said the firm was planning an IPO by the middle of the next year.
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