The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
EBITDA margin declined 130 basis points to 15% impacted by increase in employee cost and higher raw material expenses.
FIIs cut their exposure in Infosys to 41.58% in June quarter from 42.10% at the end of March quarter.
Sensex is trading at 24,952 levels down by 72 points and Nifty is trading at 7,434 levels down by 25 points.
Stocks that you need to keep a tab on for today
Andhra Bank, IDBI Bank, Allahabad Bank, IOB, Union Bank and Syndicate Bank are down more than 5% each on NSE.
Sensex is trading at 25,055 levels down by 320 points and Nifty is trading at 7,469 levels lower by 98 points
Markets extended losses in noon trades with HDFC, Oil shares and banks leading the decline
Aurobindo Pharma, Wockhardt, Sun Pharma, Ranbaxy, Lupin and Dr Reddy's Lab are up 1-5% on the BSE.
Prestige Estates,Oberoi Realty,DB Realty, Phoenix Mills, Godrej Properties, HDIL and Unitech are up 2-6% on BSE.
Main gainers on the Sensex are Sun Pharma, Cipla, TCS, Dr Reddy's Labs and Infosys
Infosys, TCS, HCL Tech, Wipro, Rolta, Tech Mahindra, KPIT Cummins, NIIT Tech and Hexaware are up 2-4% on NSE.
The company retained its FY15 revenue growth guidance at 7-9% in dollar terms.
Here are few stocks you need to keep a tab on for today
DLF, DB Realty, Prestige Estates, HDIL, Indiabulls Real Estate and Phoenix Mills are up 4-5% on the National Stock Exchange.
30-share Sensex was up 458 points at 25,903 and the 50-share Nifty was up 142 points at 7,727.
Sensex down 79 points and Nifty lower 17 points
Finance Minister Arun Jaitley on Thursday increased excise duties on cigarettes and other tobacco products from 11% and 72%.
PC Jeweller, TBZ, Gitanjali Gems, Titan Company, Shree Ganesh Jewellery House and Tara Jewels are down 1-3% on the NSE.
The market breadth is weak on the BSE with 819 advances and 1705 declines.
Road transport and national highways to get Rs 37,500 crore - including Rs 3,000 crore for north-east