Share market update: Bank shares slip; ICICI Bank slumps 9%
The Nifty Bank index was trading 7.12 per cent down at 20001.05. – Stocks-Markets-Economic Times
Month: May 2020
Sell ICICI Lombard, target price Rs 1,042: HDFC Securities
Over FY21E, the brokerage expects lockdown and partial working conditions to result in lower new motor vehicle policy sales, lower renewals, and also lower motor CORs. – Stocks-Markets-Economic Times
Hero MotoCorp resumes manufacturing operations at three plants
The company is commencing operations in a graded manner at three of its manufacturing plants — Gurugram, Dharuhera (both in Haryana) and Haridwar (Uttarakhand). – The Hindu – Industry
Buffett fearful, not greedy, because of insurance biz, says Raamdeo Agrawal
Net-net, Buffett’s Berkshire has been a seller of equities so far this year. – Stocks-Markets-Economic Times
Share market update: Auto shares down; Motherson Sumi falls 11%
The Nifty Auto index was trading 6.56 per cent down at 5514.45 . – Stocks-Markets-Economic Times
Trending stocks: Maruti Suzuki India shares fall over 7%
Shares of Maruti Suzuki India traded 7.44 per cent down in trade at 12:07PM on Monday . – Stocks-Markets-Economic Times
Potential leaders of next bull run may come from these ‘unloved’ sectors
The brokerage firm removed Godrej Consumer, HDFC and MCX from its focussed list. – Stocks-Markets-Economic Times
Trending stocks: Au Small Finance Bank shares fall 5%
Shares of Au Small Finance Bank Ltd. traded 4.99 per cent down in trade at 12:02PM on Monday . – Stocks-Markets-Economic Times
Neutral on Tech Mahindra, target price Rs 590: Motilal Oswal
The target price is based on 13x FY22E EPS. – Stocks-Markets-Economic Times
Investor wealth plummets Rs 5.15 lakh crore as market tanks
Led by the weak trend in the equity market, the market capitalisation of BSE-listed companies fell by Rs 5,15,308.99 crore to Rs 1,24,26,311.83 crore. – Stocks-Markets-Economic Times