Daily Stock Market News: Sensex Closed At 58,247, Gained 69 Points Today, Nifty Closed At 17,380, Gained 24 Points Today And Bank Nifty Closed At 36,613, Gained 141 Points Today.
Daily Stock Market News : 14-09-2021
Top Gainers Of Today’s Stock Market
| COMPANY | PRICE | %GAIN |
|---|---|---|
| INDUSIND BANK | 1,036 | 4.04 |
| HCL TECH | 1,238 | 2.50 |
| HERO MOTORCORP | 2,851 | 2.22 |
| TATA MOTORS | 306 | 1.63 |
| TECH MAHINDRA | 1,452 | 1.58 |
Top Losers Of Today’s Stock Market
| COMPANY | PRICE | %LOSS |
|---|---|---|
| HDFC | 2,818 | 1.11 |
| ULTRATECH CEMENT | 7,856 | 1.11 |
| NESTLE | 20,230 | 1.08 |
| BPCL | 493 | 1.00 |
| HUL | 2,762 | 0.85 |
Our Markets Are In Consolidation Mode From The Past Few Days. Both Nifty And Sensex Are Not Making Big Moves. Global Markets Are Positive And From Recent Days FII’s Are Also Net Buyers In Equity, But DII’s Are Net Sellers.
For More Info Like Only Buyers And Sellers Stocks Or 52 Week High Or Low Stocks Click Here.
Vodafone Idea
From The Past Few Days, The Rumors Are That The Government Is Finding Ways To Help Telecom Sector. But There Is No Clarity In Which Way The Government Is Going To Help The Telecom Sector.
Today Some Sources Updated That, Previously Supreme Court Made A Statement That Telecom Companies Can Pay AGR Dues For Government In 10 Years. Means Like EMI, Telecom Companies Can Pay Some Amount Every Year.
But Present Vodafone Idea Cash Is Not Enough To Pay This Year AGR Dues And If They Pay Also, They Didn’t Have Enough Cash For Spectrum Investment Or To Grow The Business. But Today Sources Updated That The Telecom Companies Can Pay The Dues After Four Years Or From Sixth Year.
Means The 10 Years Period Is Same, Already One Year Completed In Those Ten Years, Now The Government Made A Relief For Four Years. So The Companies Can Pay From Sixth Year. But They Need To Pay Interest For Those Four Years Which Government Extended.
If They Are Unable To Pay Additional Interest, The Companies Can Issue Their Equity To Government On Preferential Basis. By This Updates Vodafone Idea Rallied 10%.
IDFC First Bank, Yes Bank
By The Above Update, Vodafone Idea Rallied 10%. Along With Vodafone Idea, Yes Bank And IDFC First Bank Also Rallied.
The Reason For The Rally In IDFC First Bank And Yes Bank Is That, IDFC First Bank And Yes Bank Has Given Loans To Vodafone Idea. Along With This Banks Lot Of Other Bank Has Also Given Loans. But In Terms Of Loan Book Percentage IDFC First Is First And Yes Bank Is In Second Place.
If VI Sustains Then They Will Repay Their Debts, So It Is Positive For Both Yes Bank and IDFC First Bank.
ZEE Entertainment
Today Zee Entertainment Rallied Around 40%. Zee Entertainment Is Owned By ESSEL Group, a Few Years Back ESSEL Group Related Company ESSEL Infra Projects Has Taken Loans From Banks. For That Loans ESSEL Group Pledged The Shares Of ZEE Entertainment.
The Promoters Failed To Repay The Loans In Time, So They Continuously Sold Their Pledged Shares To Pay Their Loans. Because Of This There Stake In Zee Entertainment was Reduced To 3.99% From 41%. Now Majority Of The Stake Is Owned By FII’s.
In Those FII’s, Invesco Developing Markets Fund And OFI Global China Fund Holds A Majority Of Stake, Which Is Around 18%. So They Updated That They Are Going To Remove The Two Directors And CEO From Their Positions. The Directors Already Resigned Themselves.
As There Is A Important Change In Management, Weak Management Is Going To Be Replaced, For This Reason, The Stock Rallied Today.
Zomato
Today At Certain Point Zomato Has Fallen More Than 8% From Intraday Highs. The Reason For This Is Cofounder Of Zomato Gaurav Gupta Has Resigned From Zomato.
He Played The Major Role For Zomato IPO, But After Few Months Of Listing, He Resigned From His Role. Gaurav Gupta Started Working In Zomato In 2015, In 2018 Promoted To COO ( Chief Operational Officer ). In 2019 Zomato Has Given Co-Founder Status To Some Executives, In That Gaurav Gupta Is One.
GODAWARI Power & ISPAT
The Company Has Announced Stock Split And Bonus Issue. Stock Split In That Ratio Of 1:2, Means If You Have 100 shares, It Will Become 200 Shares.
Bonus Issue In The Ratio Of 1:1, Means 1 Free Share Of Every Share Held. In Simple Terms After Stock Split And Bonus Share, One Share Will Become 4 Shares. For Example, If You Have 100 Shares, After Stock Split And Bonus Share 100 Shares Will Become 400 Shares. Today Stock Locked In 5% Upper Circuit.
ISGEC Heavy Engineering
The Company Provides Engineering Products For Various Sectors. The Company Has Won Big Order From DRDO For Set Up Of Medical Plants. By This Update, The Stock Has Rallied More Than 10%.
RELATED ARTICLES
TOP 5 MISTAKES TO AVOID IN INTRADAY TRADING
STOCK VALUATION METHODS : LEARN HOW TO VALUE A STOCK
DAILY STOCK MARKET NEWS : 16-09-2021
DAILY STOCK MARKET NEWS : 09-09-2021
WHAT IS BANK NIFTY, WEIGHTAGE AND RE-BALANCING
WHAT IS NIFTY 50, HOW NIFTY 50 STOCKS ARE SELECTED
WHY 98% OF THE TRADERS LOSE MONEY IN STOCK MARKET
BALANCE SHEET ANALYSIS FOR BEGINNERS AND COMPLETE ANALYSIS
6 GOLDEN RULES FOR BEGINNERS IN STOCK MARKET
WHAT IS IPO , GREY MARKET PREMIUN : COMPLETE DETAILS
STOCKS VS MUTUAL FUNDS : WHERE TO INVEST ?
WHAT IS BONUS SHARE, EX-DATE, RECORD DATE AND BONUS RATIO EXPLAINED
STOCK MARKET : 5 IMPORTANT FINANCIAL RATIOS TO KNOW BEFORE INVESTING
MUTUAL FUNDS : 10 IMPORTANT TERMS TO KNOW BEFORE INVESTING
HISTORY OF TATA GROUP AND THE LEADERSHIP
INDEX FUNDS AND INDEX FUNDS vs MUTUAL FUNDS AND ETFs
WHAT IS AN ETF ( EXCHANGE TRADED FUND ), ETF vs MUTUAL FUNDS AND STOCKS
