BUSINESS NEWS IN SHORTS
How market has been affected negatively during election results
Election results: On June 4, the day of the vote counting, Dalal Street saw carnage as market players remained apprehensive that the BJP-led NDA had
Expect Wild Swings and Ups and Downs Today for Market Amidst Tally counting of Election Results
Image Source Election Results: Even if the NDA’s actual vote total is less than predicted by exit polls, market analyst A Balasubramanian does not anticipate
PFC and REC- Stocks That Surged upto 12% Today
PFC and REC Shares update: On June 3, REC Ltd.’s shares surged by up to 12 percent, reaching a new all-time high of Rs. 602.75
Mazagon Dock surges to 10% on Robust Q4 Results
Mazagon Dock Shares Update: On May 29, the shares of many shipping businesses surged to 10% due to significant volume and triggers such as order
Ashok Leyland Stocks rises at Staggering 22% increase
Image Source Ashok Leyland News Update : Ashok Leyland’s stock increased by almost 6% to reach an all-time high of Rs 222.85 per share on
Affle India Shares rises to 6% Post Strong Q4 Results
Image Source Affle India Stock Update: After the company reported a record quarterly revenue run-rate, EBITDA, and net profit in the fourth quarter, Affle India
Vodafone Idea Sells Indus-Towers Stake For ₹3,760 Crore.
Vodafone Idea, the debt strapped Indian wireless carrier, sold its stake in a telecommunications tower firm for $506million as part of efforts to shore up its strained finances. The local arm of Vodafone Group Plc disposed of the 11.15percent holdings in Indus-Towers Ltd. to existing shareholders, vodafone idea said in a filing late Thursday.
Read More at BloombergQuint.
Kotak Securities launches plan with zero brokerage on intraday trades
Kotak Securities on Thursday announced the launch of its Free Trade Plan with zero brokerage on intraday trading and Rs.20 per order for all other Future&Options trades. This fixed brokerage plan is available for Future & Options (F&O) across equity, commodity and currency segments.
Read More at Business-Standard.
Also Read | Intraday Stocks Watchlist for Next Day.
Pfizer-BioNTech vaccine deliveries could start 'before Christmas'
Pfizer and BioNTech could start deliveries of their COVID19 vaccine next month after final trial results showed it had a 95% success rate and no serious side effects the drugmakers said on Wednesday. The vaccine’s efficacy was found to be consistent across different ages and ethnicities. The final analysis comes a week after initial results showed the vaccine was over 90% effective.
Read More at reuters.
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