: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Farmers destroy crop as lockdown brings floriculture market to standstill

@StockMarketNEWS Wed 29 Apr, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates


Farmers destroy crop as lockdown brings floriculture market to standstill
Normally, farmers anticipate a huge bump in demand during the february-may season due to weddings and other such occasions

Axis Bank tanks 6% on Rs 3,000 crore provisions in Q4 due to Covid-19
Historically, q4 is the first time since march 2018 that the bank has dipped into losses of this magnitude because of the provisioning cost


HDFC extends rally, jumps 5%; stock surges 15% in three days
Analysts expects the asset quality in housing to hold up well, although slippages from self-employed affordable housing segment may increase



RBI's liquidity support for MFs may struggle to be effective: Fitch
The size of the slf-mf appears broadly commensurate with the scale of the funds most at risk, fitch notes

Covid-19 fallout: UBS pegs FY21 India growth at -0.4%, a four decade low
The worst-case scenario, assumes that coronavirus (covid-19) will continue to spread, possibly in waves, all the way through to mid-2021

Deepak Nitrite rallies 10% on heavy volumes, inches toward record high
Last week, deepak phenolics, a wholly-owned subsidiary of the company, commenced commercial production of isopropyl alcohol at its manufacturing facility
situated at dahej, gujarat.

HUL to announce Q4FY20 results on Thursday; here's what brokerages expect
Companies with higher exposure to food and daily essentials, analysts say, are expected to fare better this quarter as compared to those with a skew towards
discretionary consumption

IOL Chemicals & Pharmaceutical's stock more than doubles from March lows
The stock surpassed its previous high of rs 316.80, touched on february 27, 2020



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