Gold Silver Reports (GSR) – Indian equity benchmarks fell dragged by banks after the Reserve Bank of India decided to discontinue issuance of letters of undertaking (LoU) and letters of comfort (LoC) for trade credit for imports into India.
Stock Market
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Future Consumer Jumps After Motilal Oswal Rated New ‘Buy’
Gold Silver Reports (GSR) – Shares of the Mumbai-based consumer products firm rose as much as 13.2 percent, the most in three months, to Rs 57.25.
Bata India Declines Most In A Month Following SEBI Order
Gold Silver Reports (GSR) – Bata India Declines Most In A Month Following SEBI Order — Shares of the footwear maker fell as much as 3 percent, the most in since Feb. 16, to Rs 690 after SEBI ordered the company to conduct an internal probe.
InterGlobe Falls After Cancelling Flights Following DGCA Order
Gold Silver Reports (GSR) – InterGlobe Falls After Cancelling Flights Following DGCA Order — Shares of the budget carrier extended decline and fell as much as 3 percent to Rs 1,238.
InterGlobe Falls After Government Grounds Its A320neo Planes
Gold Silver Reports – InterGlobe Falls After Government Grounds Its A320neo Planes — Shares of the budget carrier extended decline and fell as much as 3 percent to Rs 1,238.
TCS Drops After Multiple Block Deals
Gold Silver Reports (GSR) – TCS Drops After Multiple Block Deals – Shares of the county’s second-largest firm fell as much as 6 percent, the most in over 16 months, to Rs 2,872.
About 2.84 crore shares or 1.5 percent equity changed hands in six block deals, Bloomberg data showed.
Stock To Watch Out For In Tuesday’s Trade
💚 Tata Sons to sell 28.3 million TCS shares at Rs 2,872–2,925 per share.
💚 Infosys to voluntarily delist ADS From some Euronext exchanges and Euronext London Exchanges.