Best Stock Market News: India’s stock benchmarks advanced the most in over two weeks, aided by gains in metal, auto, banking and energy stocks, as markets shrugged off concerns over the possibility of a faster taper and the omicron covid-19 strain.
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RailTel Terminates Zee Subsidiary Contract
- RailTel Corporation of India Ltd. terminates contract awarded to Margo Networks, a subsidiary of Zee Entertainment Enterprises Ltd.
- The contract pertained to providing Content on Demand service in all mail/express and suburban trains and Wi-Fi enabled railway stations.
- Zee Entertainment said its subsidiary has initiated appropriate legal proceedings against the notice of termination.
Thermax Reports Sequential Growth In Net Income In Q2; Shares Climb 12%
Shares of Thermax Ltd. rose nearly 10% in intraday trade, the most in over seven months, to Rs 1,499 apiece after the company reported sequential growth in net profit and revenue in the second quarter, post market hours Wednesday.
Tata Motors is best auto pick, followed by M&M and Maruti
Tata Motors Share is the auto pick among auto stocks sector because the commercial vehicle (CV) industry is performing really well in the domestic market.
Analyst Stock Recommendations [08-11-2021] | Neal Bhai
Analyst Stock Recommendations:
- Eicher Motors raised to ‘add’ and Buy for price target: Rs 2,795
- Divi’s Labs cut to ‘reduce’ at Neal Bhai price target: Rs 4,628
Tata Motors Ltd Suffered a Loss for The Third Straight Quarter
Tata Motors Ltd. suffered a loss for the third straight quarter, missing estimates, as supply shortages and rising input costs hurt production even as demand rose.
All You Need To Know Going Into Trade On November 1
Asian stocks climbed Monday as traders digested the outcome of Japan’s election and fresh all-time highs for U.S. shares. The yen weakened and a dollar gauge was steady.