: Latest #StockMarketNEWS by #MunafaSutra Daily Updates Economic package a lost opportunity; FY21 GDP to contract 7%: Bernstein The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote

@StockMarketNEWS Mon 18 May, 2020

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Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Economic package a lost opportunity; FY21 GDP to contract 7%: Bernstein
The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote manufacturing.

Nifty Realty index hits lowest level since December 2016; DLF dips 5%
The real estate demand is expected to witness moderation and committed receivables from already booked sales can also get impacted, due to the covid-19
pandemic

Coal India under pressure, declines 6% as govt ends monopoly in coal mining
Finance minister nirmala sitharaman on saturday said the government would end its monopoly in coal mining by allowing private companies

Multiplex, hotel stocks hit 52-week lows on extension of lockdown
The government has extended the nationwide lockdown by another two weeks, until may 31, to contain the spread of the novel coronavirus.

Bharti Airtel Q4 preview: Tariff hike, ARPU increase to boost top-line
Analysts expect the covid-19 outbreak to have a limited impact on telecommunications companies (telcos) as compared to other sectors

IndiGo, SpiceJet dip up to 9.5% on no liquidity support, lockdown extension
Commercial passenger flights and airport operations are suspended since the nationwide lockdown was imposed on march 24, causing crores in losses

Financials tank as fiscal package disappoints markets; Nifty Bank slips 5%
Nifty bank, nifty private bank and nifty psu bank indices were down 5 per cent each as compared to 2.4 per cent decline in the nifty 50 index.

Govt measures consist of reforms that need not have waited for Covid-19
Although the intent of these announcements was no doubt sincere and good, markets will get disappointed with them because the immediate spend out of the
big fiscal stimulus is relatively small

Defence manufacturers' stocks surge as Centre hikes FDI limit to 74%
Hindustan aeronautics, beml, bharat dynamics and bharat electronics among the state-owned companies shares have rallied by up to 10% on the bse in early
morning trade.


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