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Stocks in the news: SBI, ICICI Lombard, LIC Housing
Posted On 09/10/2020 10:22:20 by flystly

Nifty futures on the Singapore Exchange traded 24 points, or 0.21 per cent higher at 11,400, in signs that Dalal Street was headed for a positive start on Monday. Here are a few stocks which may buzz the most in today's trade:To get more news about WikiFX, you can visit wikifx official website.
  LIC Housing Finance, NOCIL: Suzlon, IRB Infra, LIC Housing Finance, NOCIL, Scooters India and Globus Spirits are among of the companies which will announce their June quarter results today.


  ICICI Lombard: The company has entered into a scheme of arrangement to amalgamate Bharti AXA General Insurance —a diversified general insurance business, nearly 25 per cent its size in gross direct premium income (GDPI) and 15–25 per cent in terms of distribution node count.
The Nifty saw a gap-down opening in line with global peers as markets retreated from the highs above the 11,400-mark but the index still managed to gain around 1 percent for the week.
  Highlights of the week: a) the Bank Nifty finding support near its crucial Bank Nifty/Nifty price ratio of near 1.91x levels, which is March swing low b) broader markets joining the party and outperforming the benchmarks c) India VIX slipping further towards the 20.5-mark, down around 4.5 percent for the week d) FIIs continue stock futures selling seen as they emerge buyers in cash markets.

Tags: Stocks In The News SBI ICICI Lombard LIC Housing



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