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.
BPCL,HPCL,IOCL,ONGC, Reliance Industries and Gail India are up 2-5% on the Bombay Stock Exchange.
Axis Bank was the top gainer at the BSE which surged nearly 4%
The stock has moved higher by 5% to Rs 143 on the Bombay Stock Exchange.
In past one month, the stock has rallied 34% after reporting a strong 82% yoy growth in net profit at Rs 154 crore for the quarter ended March 2014.
The main gainers on the Sensex are Axis Bank, GAIL, Bharti Airtel, ONGC and Coal India
Balrampur Chini, Bajaj Hindustan, Dwarikesh Sugar, Dhampur Sugar, Simbhaoli Sugar and Shree Renuka Sugars are up 4-6% on the BSE.
The stock plunged 18% to Rs 445 on the Bombay Stock Exchange.
HDFC, Hindalco, M&M, Tata Steel and Tata Power have declined between 1-2%
Dashtag said it may consider other strategic alternatives in relation to its ownership of shares in the company, if the delisting offer fail.
Ricoh Asia Pacific Pte has rejected price of Rs 225, where the total number of shares to be acquired for successful delisting offer were tendered.
The market breadth in BSE remains firm 1,404 shares advancing and 612 shares declining
TCS, Infosys, Wipro, HCL Tech, MphasiS, Hexaware, Mindtree and Tech Mahindra are up 1-2% on the BSE.
The main losers on the Sensex are HDFC, M&M, HDFC Bank, Tata Steel and Bajaj Auto
Markets to remain choppy; rupee, crude oil eyed
BPCL, HPCL and Indian Oil are up between 1-4% on the Bombay Stock Exchange.
Weaker rupee edged up Infosys, TCS and Sun Pharma nearly by 2%
LIC has sold 260,612 shares of Axis Bank between June 9 and June 12 via open market.
BSE Mid-cap is down 0.5% at 8888, while BSE Small-cap is down 0.6 % at 9615 levels.
The stock rallied 15% in past two weeks compared to 1% rise in benchmark S&P BSE Sensex.
May WPI inflation at 6.01% vs 5.2% m-o-m, highest level since Dec 2013