: Latest #StockMarketNEWS by #MunafaSutra daily updates Financials trade weak; Shriram Transport slips 18% on Fitch downgrade

@StockMarketNEWS Mon 30 Mar, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra daily updates



Financials trade weak; Shriram Transport slips 18% on Fitch downgrade
Bajaj finance, bandhan bank, hdfc, manappuram finance, cholamandalam financial and m&m financial services were down more than 10% on the bse.

Edible oil demand to decline during March-April due to Covid-19 lockdown
Hotel, restaurants and cafeterias (horeca) segment accounts for 40 per cent of the country's total edible oil demand at 230 lakh tonnes annually

Auto shares skid; Eicher Motors hits lowest level since November 2014
Eicher motors, bharat forge, m&m, maruti suzuki and hero motocorp slipped more than 5 per cent on the nse today

Indian economy can contract 2.6%; US over 11% in worst case in 2020: Nomura
Rising unemployment, loss of income and disenchantment against the draconian measures may even lead to social unrest



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