1) SBI Card gained as the Credit card spends recovers to pre-covid levels in August. Banks record Rs50311cr spends on Credit Cards in August compared with Rs50574cr in March.2) Tata Steel Long Products reported Q2 Net profit at Rs 59.1 crore versus Net loss at Rs 196.9 crore, Ebitda at Rs 183.6 crore versus Ebidta loss at Rs 41.8 crore. Expect positive for Tata Steel as it holds 75.91% stake of Tata Steel Long Products. #MOMarketUpdates #MotilalOswal #TATASteel #Indianstockmarket #SBI #SBIELite #SBICards #Sensex #Nifty
Posted on : 14 Oct 2020 6:13 PM
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