Daily Stock Market News: Sensex Closed At 58,305, Gained 54 Points Today. Nifty Closed At 17,369, Gained 15 Points Today And Bank Nifty Closed At 36,683, Corrected 85 Points Today.
Daily Stock Market News : 09-09-2021
Top Gainers Of Today’s Stock Market
| COMPANY | PRICE | %GAIN |
|---|---|---|
| NESTLE | 20,457 | 3.11 |
| BHARTI AIRTEL | 686 | 2.74 |
| ONGC | 122 | 2.69 |
| HINDALCO | 463 | 1.59 |
| GRASIM | 1,597 | 1.34 |
Top Losers Of Today’s Stock Market
| COMPANY | PRICE | %LOSS |
|---|---|---|
| SBI LIFE INSURANCE | 1,173 | 3.84 |
| TITAN | 2,034 | 1.05 |
| HDFC LIFE | 737 | 0.85 |
| ULTRATECH CEMENT | 7,939 | 0.67 |
| BAJAJ AUTO | 3,700 | 0.66 |
Today Major Indices Like Nifty And Sensex Consolidated And Closed With Small Gaines. Whereas Mid And Small-Cap Categories Out Performed The Major Indices.
For More Info Like Only Buyers And Sellers Stocks Or 52 Week High Or Low Stocks Click Here.
Reliance Enters EV Segment
JIO And British Petroleum Partners With BLUSMART To Set Up Electric Vehicle Charging Infrastructure In India.
BLUSMART Is An 100% Electric, Sustainable, And Reliable Urban Mobility Solutions Provider. Currently, BLUSMART Is Offering Their Solutions In Delhi Region.
Now JIO And BP Partnered With BLUSMART Company. And The Three Companies Combinedly Going To Provide Commercial Electric Vehicle Charging Infrastructure All Over India.
As BLUSMART Is Currently Providing Solutions In Delhi. So Initially They Are Going To Start Providing EV Charging Infrastructure In Delhi. Each Station Will Have Infrastructure Which Can Charge At Least 30 Vehicles. And Later Expand Their Solutions To Various Other Metro Regions.
British Petroleum Is Already Offering Electric Vehicle Charging Network In European Region With Their Brand Name, BP Pulse. Currently, BP Pulse Is One Of The Largest Electric Vehicle Charging providers.
So That They Can Use The Experience Of BP As Well. By This Partnership, We Can Understand Reliance Is Moving Aggressively In EV Segment.
CDSL
Today CDSL Announced An Important Update That Is CDSL Subsidiary Company Which CDSL Ventures Limited (CVL).
CDSL Ventures Limited Has Got Approval From CCA (Controller Of Certifying Authorities ) To Provide ESIGN Services. From This Approval, The Company Is Empaneled As Application Service Provider For Aadhar Based EKYC ESIGN Services.
So By This New Empanelment. New Revenue Stream Will Be Added To CDSL. By This Update CDSL Stock Locked In 5% Upper Circuit.
Currently, 19% Of The CDSL Revenues Are From Transaction Charges, 34% Of The Revenues From Annual Issuer Charges, 10% Of The Revenues Are From IPO/Corporate Action Charges, 16% From Online Data Charges, 4% From ECAS Charges And Finally 11% Of The Revenues From Other Streams.
BLUDART
One Of The Largest Logistics Provider BLUDART Is Going To Provide an Ambitious Telangana Government Project. Which Is Medicines From The Sky. So BLUEDART Is Providing Vaccine Delivery Service By Drones In Collaboration With The Drone Startup Company SKYE AIR.
They Are Going To Run Trails From 9 September To 17 October In VIKARABAD Area. If The Trail Run Succeeds And If Drone Deliveries Starts In Our Country It Will Be Very Big Positive For Drone Manufacturing Companies.
Recently Cabinet Also Announced Drone Policies. After This Policy One Of The Drone Manufacturer, Zen Technologies Price Is Continuously Increasing.
So If The Drone Delivery Services Launches Officially. It Will Be a Very Big Positive For Drone Manufacturing Companies As Well As Logistics Providing Companies.
Jindal Steel And Power
JSPL As Paid The Loan Which Is Taken By Its Australian Subsidiary Company, The Loan Amount Is 777 Crores. The company Said That They Paid The Full Amount Within The Duration.
By This Loan Payment, Their Australian Debt Is Reduced By 50%. And In Consolidated Basis Debt To EBITA Ratio Is Reduced 0.96 Times. And In Standalone Basis Debt To EBITA Ratio Is Reduced By 0.7 Times.
At The Time Of Financial Year 2017 Quarter 3. The Debt Of JSPL In Their Balance Sheet Is About 46,533 Crores. The Company Reduced Their Debt To 15,227 Crores Reported In Quarter 1 Of Financial Year 2022.
The Company Also Said That There Are Going To Be Debt Free Company By Financial Year 2023. And Going To Increase Their Capacity By 12 MTPA By 2025.
Rain Industries
Rain Industries Updated That Last Month The Company Has Shut Down Its Gulf Coast Calcination Facilities Due To Hurricane. Now The Company Is Saying That They Again Started Operations In That Factory.
By This Update, Rain Industries Rallied More Than 5%.
UCO Bank
In Today Market UCO Bank Rallied More Than 10%. The Reason For This Rally Is 2017 RBI Has Added UCO Bank To PCA Watchlist. Because Of Abnormal Increase In NPA Numbers And Negative Net Worth.
If Any Bank In PCA List, Then There Will Be Restrictions For Additional Lending. But In Last Financial Year UCO Bank Performed Well And Posted Good Numbers Without Breaching The PCA Parameters. So As The Bank Performed Well RBI Removed The UCO Bank From PCA Watchlist.
So Now Companies Can Start Lending And Will Start Their Business Operations.
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