Page 594 - Si Reporter

Sensex slips 340 pts from new high, ends 77 pts up; TCS drops 6%, RIL 0.6%

The Nifty Bank index hit a new liftime high of 38,495 in the intra-day trade before closing 1.4 per cent higher at 38,294 levels

SBI rallies 4%, hits record high of Rs 475 on heavy volumes

SBI appears well-positioned to report a strong uptick in earnings, led by moderation in credit costs, believe analysts

Tata Power surges 9% on heavy volumes; stock zooms 40% in two weeks

Tata Power is India's largest, integrated power company and operates across the power value chain

GOCL Corp locked at 20% upper limit as arm bags Rs 592 cr Coal India order

IDL Explosives, a wholly-owned subsidiary of the Company, has bagged order worth of Rs 592.45 crore from Coal India, for supply of bulk explosives, to be supplied over a period of 2 years.

MFs book profit in IRCTC, trim stake by 2.5% as stock zooms 87% in Q2

In Q2, domestic mutual funds' stake in IRCTC declined to 4.78 per cent from 7.28 per cent in Q1

Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook

Despite the impact of the semiconductor shortage on production and sales, JLR continues to see strong demand for its products with global retail orders at record levels in excess of 125,000 vehicles

Sterling and Wilson Solar soars 17% as RIL to buy 40% stake in company

Reliance Industries through its subsidiary will acquire a 40 per cent stake in Sterling and Wilson Solar through a combination of primary investment, secondary purchase and open offer

Aditya Birla Sun Life makes quiet debut, lists at par against issue price

The stock started trading at Rs 715, a 0.42 per cent premium to its issue price of Rs 712 per share on the NSE.

TCS plunges 7% on lower-than-expected September quarter result

The management said attrition challenge may continue for the next two to three quarters

Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama

HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today

RBI's dovish policy gives Sensex 381-pts boost; RIL up 4%, IT stocks shine

The central bank also retained the GDP growth forecast at 9.5% for the on-going fiscal year and revised CPI inflation projection downward to 5.3% which also supported sentiment

TCS gains 5% in two days, stock at life-time high ahead of Q2 results

Most brokerages are pencilling in double-digit growth in net profit and revenue for TCS, led by improvement in demand from BFSI, healthcare and retail, acceleration in digital technologies.

Reliance Industries gains 3%, hits new peak; m-cap nears Rs 18 trillion

Mukesh Ambani-controlled RIL's combined market-cap (partly and fully paid shares) stands at Rs 17.66 trillion

MTAR Technologies rallies 11%, hits all-time high on heavy volumes

On Tuesday, CRISIL upgraded the credit rating on the company's long term bank facilities to A-/Stable from BBB+/Positive and short term bank facilities to A2+ from A2

Up 78% in a month! Jhunjhunwala's holding in this firm crosses Rs 1,000 cr

Ace investor Rakesh Radheshyam Jhunjhunwala held 10.82 per cent stake in Nazara Technologies as on June 30, 2021

Rate sensitive shares trade mixed after RBI policy outcome; bank stocks up

At 11:09 am, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Auto index were up between 0.20 and 0.40 per cent, as compared to 0.54 per cent rise in the Nifty50 index

Piramal Ent dips 5% on profit booking on demerger plan of pharma biz

Shareholders of Piramal Enterprises (PEL) will get four shares of Piramal Pharma for every one share in PEL, in addition to their existing holding in PEL

Hotel stocks in focus; Indian Hotels, Chalet, Lemon Tree, EIH gain up to 8%

Indian hotel industry is reporting a consistent and rapid recovery in occupancies after the halt on the recovery put by second wave of COVID-19

Ratnamani Metals gains 4% on Rs 98 crore order win from oil & gas sector

The recent order win would aid the company to register 25 per cent CAGR revenue growth in FY21-23E, brokerage ICICI Securities said

Stocks to watch: TCS, Ratnamani Metals, IndiGo, JSW Energy, Oberoi Realty

IndiGo co-founder Rakesh Ga­n­gwal has moved Delhi High Court to enforce an arbitration order of the London Court of International Arbitration