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Shoppers Stop rallies 20% as loss narrows
Shoppers Stop reported a net loss of Rs 3.58 crore in Q2 September 2021, lower than the net loss of Rs 97.70 crore in Q2 September 2020.
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Asian Paints slips after Q2 PAT falls 28% YoY, declares dividend of Rs 3.65
Asian Paints declined 6.29% to Rs 2,969.50 after the company posted a 28.2% decline in consolidated net profit to Rs 595.96 crore in Q2 FY22
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Nifty slips another 88 points, Sensex ends below 61,000; banks & financial rally
Nifty PSU Bank led the sectoral pack on the NSE with gains of 2.73% followed by Nifty Bank adding 1.30% to end above the 40,000.
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Ace investors Ashish Kacholia, Mukul Agarwal bought & sold these shares
In the rejigging exercise, Ashish Kacholia bought a stake in ten companies while he partially or completely exited five stocks.
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Jubilant Foodworks is poised for rerating led by new ventures and festive season growth momentum
With core business in Q2FY22 slightly higher than pre-covid levels, management narrative has shifted from recovery to growth via aggressive scale-up.
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Sensex jumps 284 points, Nifty above 18,350; Realty, PSU bank zoom
Barring the Nifty IT (down 0.46%) index all other sectoral indices were trading with gains. Nifty Realty was the top gainer as it rallied 1.14%.
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Tata Communications, Angel One, Dhani Services in focus
Jindal Stainless (Hisar) commissioned the 26,000 tonnes per annum (TPA) capacity Precision Strip Mill as part of the first phase of it expansion plan.
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SGX Nifty indicates a positive start for Indian indices
Overseas, Asian stocks are trading mixed on Thursday, as investors monitored shares of developer China Evergrande Group in Hong Kong.
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Trading ideas: 4 stock recommendations for October 21
LKP Securities is bullish on State Bank of India with a price target of Rs 520.
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Sensex tanks 456 points, Nifty ends at 18,266; PSU banks rally, IRCTC tanks over 17%
The selloff in the broader markets was much severe compared to benchmark indices as BSE MidCap & BSE SmallCap indices were tanked around 2%.
