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.
The stock hit a high of Rs 505, its highest level since April 2000, on the Bombay Stock Exchange.
The broader markets traded higher with mid-caps and small-caps adding 0.5-0.6 per cent on the BSE.
The stock was up 2.3% at Rs 1,586,also its highest level since May 2007 on National Stock Exchange.
The stock has tanked nearly 9% to Rs 3,173 in early morning deals on NSE.
The broader markets traded higher with mid-caps and small-caps adding 0.1 per cent on the BSE.
At 8AM IST, SGX Nifty traded at 6,105 down 8 points from its previous close.
The stock was up nearly 3% at Rs 3,219 on the Bombay Stock Exchange.
Markets ended over 1% higher on Friday, amid firm global cues, led by IT major Infosys
At 2:36pm, the 30-share BSE Sensex is up almost 0.8% or 157 higher at 20,430 while the broader NSE Nifty was is up 49 points at 6046
Reports suggest that the govt plans to kickstart a 10-day long roadshow for the FPO from Oct 21
Weakness in ITC, Sun Pharma and Sesa Sterlite cap gains in noon trades
IndiaNivesh Sec has a 'buy' call, IDFC Sec has an 'outperformer' rating and Motilal Oswal Sec has a 'buy' rating on the stock
Unitech, DLF, Indiabulls Real Estate, Sobha Developers, HDIL and DB Realty are up 1-9% on the BSE.
Meanwhile, shares of eight out of nine companies are currently trading below their QIP price on the BSE.
After a slight correction amid profit taking in Infosys markets have firmed up led by gains in TCS and financialsestors booked profits in Infosys at higher levels
So far in October, the stock has rallied 14% as compared to 6% rise in benchmark index and 8% gain in auto sector index.
BSE IT, TECk, Realty and Capital Goods indices have surged between 1-3%
At 0930 hours, BSE IT index was up nearly 3% as compared to less than 1% rise in benchmark index.
Infosys is currently trading at Rs. 3,222 up Rs. 89 or 3%.