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.
Profit taking in Oil & Gas, Capital Goods and banks weigh on the indices
Kalindee Rail, BEML, Kernex Microsystems, Stone India and Titagarh Wagons have frozen lower circuit of 5% third day in a row on BSE
The board approved the allotment of 10.7 million equity shares to eligible QIBs at an issue price of Rs 695.50 per share.
Bharti Airtel said that it would sell about 3,100 telecom towers spread across four countries in Africa to Helios Towers Africa.
Stocks you need to keep a tab on for today following the announcements
Sensex is trading at 25,394 levels lower by 188 points and Nifty is trading at 7,565 levels down by 57 points
Since listing on July 2, the stock has rallied over 27% from Rs 226 compared to 0.63% rise in S&P BSE Sensex.
The company has entered into a definitive agreement to acquire 100% of Positive Packaging Industries, for a total enterprise value of Rs 818 crore inclusive of debt.
Markets recovered from their day's lows after the Eco Survey FY14 focussed on fiscal consolidation
Markets extended losses in noon trades with Tata Motors and TCS leading the decline
The company has received a report from US FDA for the inspection it conducted classifying the finished dosage plant and the API plant as acceptable.
BPCL, IOC, GAIL, Oil India, Reliance Industries and ONGC are up 1-2% on the BSE.
The main gainers on the Sensex are Hindalco, Tata Steel, GAIL, ITC, SBI and BHEL
Titagarh Wagons, Kernex Microsystems, Stone India, BEML and Kalindee Rail are down 5% each on BSE.
MCX has rallied 4% to Rs 708, extending its Tuesday's 4% gain, while FTIL up 3.5% to Rs 264 in early morning deals on the BSE.
Here are a few stocks that you need to keep a tab on today
The market breadth is weak on the BSE with 2,056 shares declining and 839 shares advancing.
Hindustan Copper, BHEL, IDBI Bank, HMT, MMTC, National Aluminium, Power Grid, Syndicate Bank, IOB and BEML are down more than 5% each on BSE
The stock opened at Rs 1,992 and touched a high of Rs 2,119
The company has successfully completed US and Mexican drug regulator inspection at its API facility at Tamil Nadu.