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.
Select index heavyweights and financials rebounded after the recent correction in the previous few sessions
Jindal Steel and Power surged 1.6% to Rs 332 on the BSE after winning a large order to supply nearly 88,000 tonnes of long rails
BSE Midcap and BSE Smallcap, are in tandem with their large counterparts and are up 1.3% and 1.5%, each
The market breadth in BSE remains firm with 1,485 shares advancing and 470 shares declining
Twin Star Holdings has purchased an additional 59 million shares in the company between May 20 and June 20, 2014.
The company has entered into a pact with NHAI for an Rs 2,300 crore project for widening of a highway stretch in Haryana under National Highways Development Project.
Bajaj Hindustan, Shree Renuka, Balrampur Chini, Oudh Sugars, Ugar Sugar, Simbhaoli Sugars and EID Parry are up 2-10% on the BSE.
Main gainers on the Sensex are GAIL, HDFC, ITC, M&M and BHEL
BPCL, HPCL, Indian Oil and Gail India are up between 1-2% on the Bombay Stock Exchange.
Markets are likely to open marginally in green following weak global cues.
The broader Markets continue to outshine their Largecap counterparts with BSE Midcap and BSE Smallcap up 0.3% and 0.2%, each
Jenburkt Pharma, Anuh Pharma, Indoco Remedies, Granules India and Kopran have rallied between 5-20% on the BSE.
Index heavyweights drag benchmark indices even as sugar stocks rally on import duty hike
Shree Renuka Sugars, Bajaj Hindustan, Balrampur Chini Mills, Triveni Engg, Dhampur Sugar Mills and Oudh Sugar Mills are up 5-10% on the BSE.
The main losers on the Sensex are ITC, Infosys, HUL, Cipla and Wipro
The HSBC-Market Flash Chinese PMI Index jumped to 50.8 in June from May's final reading of 49.4.
On June 20, MV SCIF Mauritius purchased 218,398 shares of Ceat at a price of Rs 575.11 per share.
The stock hit a low of Rs 325, its lowest level since March 3, 2014, on the National Stock Exchange.
Essar Energy Holdings, the promoter Essar Oil, is planning to delist the company from the NSE and BSE.
Nifty slips below 7,500 while broader markets hold on to early gains