: Latest #StockMarketNEWS by #MunafaSutra Daily Updates FM targeted liquidity issues; sustained upturn in market will take time

@StockMarketNEWS Thu 14 May, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

FM targeted liquidity issues; sustained upturn in market will take time
The financial markets is expected to behave in a measured manner, given the cautious environment and weakening sentiments

Bharti Infratel extends rally on heavy volumes, surges 30% in 6 days
The stock was trading higher for the sixth straight day

Lupin gains 3% as Vizag API facility receives EIR from USFDA
Brokerage firm prabhudas lilladher has upgraded lupin's stock to 'buy' from earlier 'reduce' with target price of rs 978

IOL Chemicals extends rally in a weak market, zooms 124% since April
Foreign portfolio investors increased their holding in iol chemicals to 2.61 per cent in march 2020 quarter, from 1.32 per cent at the end of december
2019 quarter.

Godrej Consumer gains 6% despite 75% drop in March quarter net profit
Net sales (revenue) declined 12.2 per cent to rs 2,132.69 crore against rs 2,429.68 crore in the corresponding quarter of the previous fiscal.

Stimulus will keep NBFCs and MFIs afloat, but won't be able to revive them
It is important to wait for the entire package to come to see if the measures will improve demand in the economy in any manner



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