Pharma, banks spearhead gains; Is COVID-19 a speedbump for Hero Motor Q4? | Top Headlines
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TOP HEADLINES OF THE DAY: 1) The market rally gathers steam after the quite open today. Charges of gains have been made by private banker IndusInd in the lead, followed by Titan, Tata Motors, Hindalco, and Sun Pharma. 2) One of the most vocal voices of India Rajib Bajaj speaks to ET NOW, says the early hard lockdown could decrease the COVID-19 cases. 3) COVID-19 could be a major speed breaker for Hero Motor for the fourth quarter. A degrowth rate of almost 29% is being estimated by experts 4) Titan faces a lackluster after Q4 results. There is some respite for Titan in terms of profits because Q4FY20 profits are up by 21% despite the lockdown and store closures. 5) Customer queries for new cards are now backing to 70-80% of pre-COVID levels. Credit card companies will bounce back quicker than others. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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