Stocks Market : Indian Overseas Bank, Poddar Housing, SH Kelkar, DFM Foods

✅ DFM Foods to consider for stock split on Aug. 6.  

✅ Poddar Housing and Development acquires 5,800 square metres land in Pune, with a saleable area of 1.4 lakh square feet.   

✅ Indian Overseas Bank receives communication for infusion of Rs 2,157 crore by the government.   

✅ SH Kelkar expects revenue growth this quarter to be moderate.

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Karnataka Bank Share Price Surges Over 5%; Volume Doubles

Gold Silver Reports (GSR) – Karnataka Bank Share Price Surges Over 5%; Volume Doubles – Shares of the Mangalore-based private sector lender rose as much as 6.35 percent to Rs 117.25 on the back of heavy volumes….

Trading volumes was more than double its 20-day average…

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Gains In RIL, Bharti Airtel Cap Losses For Sensex, Nifty

Gold Silver Reports (GSR)  – Gains In RIL, Bharti Airtel Cap Losses For Sensex, Nifty – Indian equity benchmarks edged lower dragged by HDFC Bank, Kotak Mahindra Bank and HDFC. However, the losses were capped as index heavyweight Reliance Industries, Bharti Airtel and Wipro saw buying interest. The S&P BSE Sensex fell 0.1 percent or 30 points to 34,585 and the NSE Nifty 50 index declined 0.13 percent or 14 points to 10,600.

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