: Latest #StockMarketNEWS by #MunafaSutra daily updates Nifty Metal index tanks 6%; Jindal Steel, Tata Steel, Hindalco down over 7%

@StockMarketNEWS Tue 21 Apr, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra daily updates

Nifty Metal index tanks 6%; Jindal Steel, Tata Steel, Hindalco down over 7%
A prolonged covid-19 outbreak would reduce demand for the metals while disruptions in the supply chains would impact the availability of the metals in
the physical markets," icra said.


Multiplex operators trade weak; PVR tanks 10%, Inox Leisure hits 52-wk low
Foreign portfolio investors reduced their stake in multiplex operators by up to 5 percentage points in q4fy20

Bajaj Finance dips 8% after UBS downgrades it to 'Sell', cuts target price
The covid-19 induced slowdown, ubs believes, could have worse impact on the auto finance segment than demonetissation or global financial crisis, casting
shadow on the nbfc's loan segment


Policy measures may not offset Covid-19 economic damage in APAC: Moody's
Though asia's external & fiscal buffers are generally more robust than those in other regions, equipping governments with more policy space, their policy
responses will only cushion some of the impact

Oil & gas stocks tumble as US oil price collapses; ONGC declines over 6%
Among oil marketing companies, indian oil corporation (ioc) was down over 3 per cent at rs 84.85

Infosys, TCS, Wipro: IT stocks tumble as Trump plans immigration suspension
Tata consultancy services (tcs), infosys, tech mahindra, wipro, hcl technologies, hexaware technologies, niit technologies and mindtree were down 1 per
cent to 5 per cent on the nse in intra-day trade




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