After increasing for the nine consecutive sessions, BSE Sensex and Nifty 50 appear to open in the damaging territory on Tuesday, as recommended by the trends on SGX Nifty in early trade. Nifty futures plunged almost one hundred points to trade at 14,079 on Singaporean Exchange. In the overnight session, Wall Street ended sharply reduce amid upcoming runoff elections in Georgia and the increasing COVID-19 circumstances. The Georgia runoff elections will choose which party, Democrats or Republic, controls the US Senate. Back household, the 30-share Sensex closed above the 48,000-mark for the initially time as the investor sentiment received a enhance immediately after the government authorized two coronavirus vaccines.
Stocks in concentrate today:
HDFC: Housing Development Finance Corporation stated its disbursements in the person loan category have grown by 26 per cent for the duration of the third quarter ended December 2020. The person loan company continued to see improvements for the duration of the December quarter. During the quarter ended December 31, 2020, the profit on sale of investments was Rs 157 crore.
Reliance Industries Ltd: RIL via its telecom arm Reliance Jio, on Monday moved the Punjab and Haryana High Court searching for urgent intervention of government authorities ‘to bring a complete stop to the illegal acts of vandalism by miscreants’ of the telco’s mobile towers and infrastructure in the two states.
Larsen &Toubro: L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has won an order from HPCL Rajasthan Refinery Limited (HRRL), a joint venture in between Hindustan Petroleum Corporation (HPCL) and Government of Rajasthan.
Jindal Steel and Power Ltd: JSPL Steel operations reported their highest ever month-to-month production volumes with 7.27 lakh tonnes for the duration of December 2020. JSPL’s steel production elevated by 20 per cent on-year to 19.3 lakh tonnes in the third quarter of the present fiscal.
Sun Pharmaceuticals: Sun Pharmaceutical Industries Limited announced that it has initiated Phase 2 clinical trial for SCD-044 (a novel, orally bioavailable sphingosine-1-phosphate (S1P) receptor 1 agonist) in patients with moderate to extreme plaque psoriasis.
Yes Bank: Yes Bank registered 1.3 per cent development sequentially in loans and advances to Rs 1.69 lakh crore for the duration of the December quarter. The deposits grew 7.7 per cent to Rs 1.46 lakh crore in the quarter, compared to Rs 1.36 lakh crore in the September quarter.
Adani Enterprises, PI Industries, Jubilant FoodWorks: The Association of Mutual Funds in India (AMFI), on Monday, released the classification list of massive-cap, midcap, and smallcap stocks. It has added, Yes Bank, Adani Enterprises, PI Industries, Jubilant FoodWorks, Gland Pharma and Hindustan Aeronautics Ltd (HAL) to the massive-cap category.