Page 691 - Si Reporter

MARKET WRAP: Sensex settles 606 pts higher; metals, financial stocks jump

All that happened in the markets today

IOL Chemicals & Pharmaceutical's stock more than doubles from March lows

The stock surpassed its previous high of Rs 316.80, touched on February 27, 2020

Strides Pharma commences export of Favipiravir tablets; stock surges 15%

The drug has demonstrated positive outcomes, including a reduction in the duration of Covid-19 and improved lung conditions for the patients

HDFC extends rally, jumps 5%; stock surges 15% in three days

Analysts expects the asset quality in housing to hold up well, although slippages from self-employed affordable housing segment may increase

Stocks to watch: Axis Bank, L&T, IDFC First Bk, Biocon, NLC India, Hexaware

Here's a look at the top stocks that may remain in focus today

MARKET WRAP: Sensex up 371 pts as financials surge; IndusInd Bank zooms 17%

All that happened in the markets today

Max Financial, Axis Bank gain up to 6% on Max Life Insurance deal

Axis Bank and Max Financial Services today announced the signing of definitive agreements to become joint venture partners in Max Life Insurance Company

Chemical shares in focus; Aarti Industries, Vinati Organics surge over 9%

Analysts at Dolat Capital have kept their FY20E estimates for the sector largely unchanged as they estimate limited impact of Covid-19 on the sector

Panacea Biotec hits 52-week high; stock rallies 64% in 4 days

The stock has more-than-doubled in the past one month from the level of Rs 101, as compared to 6.6 per cent gain in Sensex in the same period

Just Dial zooms 10% as board to consider share buyback proposal

The board of directors of the company will meet on Thursday, April 30, 2020 to consider and approve the proposal for buy-back of fully paid up equity shares of the Company.

OMCs gain as crude oil prices extend fall; HPCL, BPCL advance 1%

Upstream companies like ONGC and Oil India slipped up to 2 per cent on the BSE

Stocks to watch: RIL, IndusInd Bk, Axis Bank, HDFC Life, oil-linked stocks

Here's a look at the top stocks that may remain in focus today

MARKET WRAP: Sensex ends 743 pts higher as RIL jumps 10% on Facebook deal

All that happened in the markets today

Bajaj Healthcare locked in 10% upper circuit; hits record high on HCQ boost

The stock has rallied 28 per cent in the past four days after getting Gujarat Food and Drug Administration's (FDA) nod to manufacture hydhroxychloroquine sulphate.

Asian Paints gains 5% amid a historic drop in oil prices, nears record high

The stock has rallied 21% in the past month.

RBL Bank stock hits new low of Rs 102, tanks 67% in two months

Axis Capital expects RBL Bank to report 71.5 per cent year-on-year (YoY) drop in net profit at Rs 70.5 crore.

Aurobindo extends rally after US FDA clears Unit IV, zooms 133% in a month

The stock hit a 52-week low of Rs 281 on March 23, 2020

Laurus Labs surges 50% in one month on growth prospects in US market

The stock hit a 52-week high of Rs 494, up 9 per cent on the BSE on Wednesday, surging 20 per cent in past two trading days on expectation of strong growth prospects in United States.

ACC stock gains over 3.6% post-March quarter results; turns flat later

ACC's volumes were down 13 per cent YoY to 6.56 million tonnes due to the shutdown of operations from March 24, 2020

Reliance Industries gains 7% as Facebook to buy 9.9% in Jio for $5.7 bn

US tech giant Facebook would invest Rs 43,547 crore ($5.7 billion) in the company's wholly-owned subsidiary Jio Platforms to expand its presence in India.