: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Among sectors, it, metal, pharma and fmcg gained more than 1 percent

@StockMarketNEWS Thu 06 Aug, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Among sectors, it, metal, pharma and fmcg gained more than 1 percent. bse midcap and smallcap indices rose 0.7 percent and 1 percent, respectively.

Banks, auto stocks trade flat after RBI MPC keeps interest rates unchanged; realty stocks gain
Mpc expects inflation to stay elevated in q2fy21 but is of the view that is it likely to ease in h2 aided by favourable base effects, said rbi governor
shaktikanta das.

Birlasoft shares surge 12% to hit 52-week high after strong Q1 show
Revenue from operations grew 17.7 percent to rs 914.6 crore in the period under review from rs 777.2 crore in the year-ago period.


Solara Active: Strong execution, but valuations fair
Among the risk factors to track for solara active are elevated pledge percentage for promoters which is 51 percent of their shareholdings

JK Lakshmi Cem Standalone June 2020 Net Sales at Rs 825.15 crore, down 20.8% Y-o-Y


Increase in LTV ratio negative for gold loan financing firms, but good for banks: Experts
Muthoot finance and manappuram finance get maximum business through gold loans only.



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