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.
State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Travancore have rallied 10-18% on the BSE.
L&T proposes to sell 16.55 million shares in L&T Finance Holdings at Rs 74 per share.
The main gainers on NSE are Grasim Sun Pharma, Ambuja Cements, Infosys and BPCL
Markets likely to open on a flat note following muted global trends
The main gainers are Cipla, Wipro, TCS, Infosys and Coal India
Essar Port, Essar Oil and Essar Shipping have rallied between 5-20% on back of heavy volumes.
Investors turned cautious and booked profits on worries over lower-than-projected monsoon rains.
The stock has rallied over 8% in past two trading sessions on the Bombay Stock Exchange.
At 1205 hours, a combined 14.65 million or about 5% of total equity of Amtek India changed hands on the NSE and BSE.
The broader markets have also declined in tandem with their Largecap counterparts
In past one month, the CNX PSU Bank index has rallied 30% against less than 13% rise in CNX Nifty and Bank Nifty.
HDFC, ONGC, Axis Bank and L&T among the top losers
The stock almost doubled in past one month from Rs 422 against 11% rise in benchmark S&P BSE Sensex.
Since May 30, the stock has rallied 56% from Rs 21.96 after reporting a operating profit of Rs 328 crore in March quarter.
Exports/Imports data for the month of May will be announced today
Unitech, D B Realty, Prestige Estates, Sobha Developers and Puravankara Projects are up between 10-17% on the BSE.
Sensex was up 204 points at 25,600 and the Nifty gained 80 points to trade at 7,663
The stock has rallied 15% to Rs 205 on the Bombay Stock Exchange.
ONGC, M&M, NTPC, SBI and Infosys have dropped between 1-3%
Titagarh Wagons, Kalindee Rail Nirman , Texmaco Rail and Kernex Microsystems are up 5-10% on the BSE.