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.
Bharti Airtel, L&T lead gains on the Sensex
Bharti Airtel was the top Sensex gainer
Positive global cues to aid sentiment
Global positive cues coupled with reforms back home aid gains
Cash Reserve Ratio (CRR), Repo rate and SLR unchanged
BSE-auto, real-estate led gains among sectors
BSE Auto, Realty and Metal indices have surged by almost 2%
Tata Steel, Hindalco Industries, Sterlite Industries, Sesa Goa, JSW Steel and Jindal Steel are trading higher by 2-3% on the BSE.
JFE will provide technology for the production of non-oriented electrical steel sheets at the JSW?s Vijayanagar plant in Bellary district of Karnataka.
Allahabad Bank, Bank of India, Syndicate Bank and SBI are trading higher by over 1%, bouncing back more than 4% each from intra-day lows on the BSE
NSE F&O turnover over Rs 1.9 lakh crore
The stock has rallied over 5% in past two trading sessions after the company has entered into a definitive agreement to acquire the generics business of URL Pharma.
The fresh equity shares of 307.87 million allotted on conversion of FCCBs are listed and permitted for trading on the exchange with effect from December 13, 2012.
Auto, metals among the top gainers
According to report, US-based ConocoPhillips is in talks with state-run oil exploration firm to pick up stake in more than one of its ultra-deep water blocks.
The National Stock Exchange decided to exclude Suzlon Energy and Gujarat Flurochemicals from future and options (F&O) segment from March 1.
DLF said it will sell its Aman Resorts luxury hotel chain in a management buy-out with an enterprise value of around $300 million
The government may divest their stake through offer for sale to meet the minimum public shareholding requirement.
The stock has outperformed the market by surging 10% in past one week compared to about 4% gain in auto sector index.
Eros International Media, will sell 2.57 million shares representing 2.8% of the equity share capital to meet the minimum public shareholding requirement.