EOD Update 15-07-2019


  • Govt to pay damages to consumers for load shedding: Power Minister
  • DHFL may finalise a stake sale in next two weeks
  • Government working on solution for FPIs facing higher surcharge
  • Sebi, SBI differ on corporate governance norms
  • Enforcement Directorate to examine alleged Rs 1,600 crore siphoning by Unitech promoters

Rupee Moves Higher To 68.53 Against Dollar

Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 850.11 crore on Friday, as per provisional data.

Infosys Surges 6% On Beating Estimates In June Quarter

Infosys, the country’s second largest software services company on Friday reported net profit of Rs. 3,802 crore for the quarter ended June 30.

Avenue Supermar Standalone June 2019 Net Sales at Rs 5,780.53 crore, up 26.78% Y-o-Y

D-Mart operator shares climb 6% after healthy growth in Q1, Credit Suisse upgrade

Rel Ind Infra Standalone June 2019 Net Sales at Rs 20.37 crore, down 3.93% Y-o-Y

Allahabad Bank plunges 15% on reporting fraud of Rs 1,775 cr by Bhushan Power

Allahabad Bank Falls On Detecting Fraud In Bhushan Power Loan Account

Allahabad Bank share price: Allahabad Bank share price fell as much as 14.53 per cent on the BSE to Rs 40.30 after it informed exchanges on Saturday that it had detected a fraud of Rs 1,774.82 crore.

DHFL Resolution | Banks to hold larger meeting with MFs & other NCD holders on mid-week; expectation of deal mostly being

YES Bank rallies 5% as PE firm-backed consortium looks to buy stake
Following the report, the stock jumped 5.46 per cent to hit a high of Rs 99.30 on BSE.

Wholesale Inflation Eases To Near 2-Year Low At 2.02% In June

Build up inflation rate in the financial year so far was 1.33 per cent compared to a buildup rate of 2.41 per cent in the corresponding period of the previous year.

DHFL Plunges 30% As It Says “Undergoing Substantial Financial Stress”

DHFL posted a net loss of Rs. 2,223 crore during January-March compared with a profit of Rs. 134 crore in the same period a year earlier

June Business Sentiment Lowest Since 2016: Report

Country is staring at a deficit monsoon this year, raising concerns over output of summer-sown crops in a nation where 55%of arable land is rain-fed.

Bajaj Consumer Consolidated June 2019 Net Sales at Rs 240.74 crore, up 7.59% Y-o-Y

Guj Hotels Standalone June 2019 Net Sales at Rs 0.92 crore, up 10.89% Y-o-Y

DHFL says working with creditors to resolve issues without any haircut to lenders
DHFL on Saturday reported a loss of Rs 2,223 crore for the March quarter of 2018-19 financial year.

Cochin Minerals Standalone June 2019 Net Sales at Rs 70.85 crore, up 58.66% Y-o-Y

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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