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.
Nifty revisits 5,700
Buying visible across the board
Dr Reddy's Labs top Sensex gainer
SGX Nifty was up 3 points at 5725
Nifty ends above 5,700
Realty, banks lead gains
The company, which last month defaulted on $200 million convertible bond redemption, has been admitted to corporate debt restructuring process.
The stock has rallied almost 50% post Diagep deal.
P&G surged 8% to Rs 2,670 and Colgate-Palmolive (India) soared 6.5% to Rs 1,449 on the BSE.
Bharti Airtel, Idea Cellular, Tata Communications and Videocon Industries have rallied up 20% on the Bombay Stock Exchange.
HDFC and HDFC Bank has surged almost 3% each on the back of heavy volumes.
Banks, real-estate lead gains on BSE
L&T Finance Holdings sold 7.9 million equity shares of Federal Bank through bulk deal today.
The bank proposed to issue 52.1 million shares of Rs 10 each via QIP route.
CLSA held 6.15% stake or 8.55 million shares as on September 30, 2012 the Indian hospitals and pharmacy chain.
The buyback of the company?s equity shares at a maximum price of Rs 75 per share through stock exchange mechanism.
The IPAB has dismissed the appeal filed by AstraZeneca challenging an earlier order refusing patent protection for cancer drug Gefitinib.
The private sector bank said that it is targeting to disburse Rs 1,000 crore in agricultural sector during 2012-13.
Maldives government issued a notice to take over the possession and control of the Ibrahim Nasir International Airport
According to MIS data, the US market for generic Ifosfamide is approximately $15 million.