: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Nifty PSU Bank index hits lowest level since July 2006 SBI at 52-week low

@StockMarketNEWS Tue 05 May, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Nifty PSU Bank index hits lowest level since July 2006; SBI at 52-week low
The psbs have a relatively higher share of exposure in the sme segment, and thus, asset quality should remain under pressure in the near term, according
to motilal oswal securities.

Aarti Industries jumps 9%, hits new high; stock rallies 31% in 8 days
The management of aarti industries have positive view on the long-term demand for their products

Bharti Airtel up 4%, nears record high; reclaims Rs 3 trillion m-cap mark
The scrip is less than 3 per cent away from its record high level of rs 569 touched on february 17, 2020.

Oil & gas index surges nearly 3% amid a rally in oil prices; ONGC climbs 6%
Care ratings believes that the demand for petroleum products will remain sluggish in the near term and h1fy21 will be considerably lower compared to previous
quarters.

April gold imports plunge 99.9% to three-decade low amid lockdown: Report
In value terms, april imports dropped to .84 million from to .97 billion a year ago

Rallis extends rally ahead of Q4 results; stock zooms 83% from March low
The stock is trading close to its 52-week high level of rs 256, hit on february 20, 2020

Marico shares jump 6% as Q4 earnings meet estimates, margin expands
Marico's earnings before interest, tax, depreciation, and amortisation (ebitda) margin increased by 58 basis points yoy to 18.9 per cent in q4fy20

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