SI Reporter
 "SI Reporter")
SI Reporter
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.
Page 695 - Si Reporter
MARKET WRAP: Sensex ends 182 pts higher; RIL up 2.5%, Sun Pharma climbs 6%
All that happened in markets today.
 "MARKET WRAP: Sensex ends 182 pts higher; RIL up 2.5%, Sun Pharma climbs 6%")
PSBs extend gain; Nifty PSU Bank index surges 10% in four days
Corporation Bank has rallied 82 per cent in four days from Rs 15.70 to Rs 28.50.
 "PSBs extend gain; Nifty PSU Bank index surges 10% in four days")
Shree Cement rises 4% post Rs 3,000 crore QIP offer launch
India's third-largest cement producing company has been hit by a prolonged monsoon season and falling cement prices on the back of the ongoing economic slowdown.
 "Shree Cement rises 4% post Rs 3,000 crore QIP offer launch")
Telecom stocks extend rally; Voda Idea up 32%, new 52-wk high for Airtel
After Jio's tariff hike announcement, RIL is on the verge of hitting the Rs 10 trillion m-cap mark
 "Telecom stocks extend rally; Voda Idea up 32%, new 52-wk high for Airtel")
Rupee opens 12 paise lower against US dollar amid weak global cues
The domestic unit on Tuesday settled 13 paise higher at 71.71
 "Rupee opens 12 paise lower against US dollar amid weak global cues")
Stocks to watch: Telecom, RIL, YES Bk, Consumer good firms, oil-related cos
Here's a look at the top stocks that may remain in focus today.
 "Stocks to watch: Telecom, RIL, YES Bk, Consumer good firms, oil-related cos")
PSBs rally: Oriental Bank, Corporation Bank, and UCO Bank soar 20%
Andhra Bank, Syndicate Bank, Bank of Maharashtra, United Bank of India and Indian Overseas Bank were up in the range of 10 per cent and 16 per cent.
 "PSBs rally: Oriental Bank, Corporation Bank, and UCO Bank soar 20%")
Bajaj Electricals extends fall on credit rating downgrade, weak Q2 results
In the past two weeks, the stock has underperformed the market by falling 20 per cent on weak September quarter (Q2FY20) earnings.
 "Bajaj Electricals extends fall on credit rating downgrade, weak Q2 results")
Reliance Industries logs fresh all-time high, hits Rs 9.5 trillion m-cap
Thus far in the calendar year 2019, RIL's share price has rallied 34 per cent, as compared to 12 per cent rise in the S&P BSE Sensex.
 "Reliance Industries logs fresh all-time high, hits Rs 9.5 trillion m-cap")
Corporation Bank surges 68% in three days post Essar Steel ruling
The Supreme Court (SC) on Friday said the National Company Law Appellate Tribunal (NCLAT) should not interfere with the decisions of the committee of creditors (CoC) in the Essar Steel insolvency case
 "Corporation Bank surges 68% in three days post Essar Steel ruling")
Sterling and Wilson Solar stock hits new low, tanks 42% in three days
The company said the promoters have requested to consider a revised repayment schedule for the balance loan outstanding amount.
 "Sterling and Wilson Solar stock hits new low, tanks 42% in three days")
Bharti Airtel hits 52-wk high, Voda Idea up 20% on decision to hike tariffs
Bruised by fierce competition to keep prices low, the tariff hike announced by the two companies is the first in several years and follows record second-quarter losses reported by the two operators
 "Bharti Airtel hits 52-wk high, Voda Idea up 20% on decision to hike tariffs")
Zee Ent slips 3% as Brickwork downgrades preference shares, issuer rating
The downgrade in the rating inter alia factors the deteriorating financial flexibility of the group marked by an increased pledge of promoter holding and continuous volatility in share price movement
 "Zee Ent slips 3% as Brickwork downgrades preference shares, issuer rating")
SBI Life slips 6% after 3% equity changes hands in multiple block deals
Earlier, reports said that Carlyle Group was looking to sell 3 per cent of its stake in SBI Life in the price range Rs 930-940 apiece, a 6-7 per cent discount to Monday's closing price.
 "SBI Life slips 6% after 3% equity changes hands in multiple block deals")
Stocks to watch: SBI Life, Airtel, Vodafone Idea, Tata Steel, Shree Cement
Here's a look at the top stocks that may trade actively in today's trading session.
 "Stocks to watch: SBI Life, Airtel, Vodafone Idea, Tata Steel, Shree Cement")
Balkrishna Industries climbs 6% post Q2 results
The company said the first half of the financial year has been challenging and volume on half yearly basis have seen 12 per cent de-growth from 109,093 MT in H1FY19 to 96,473 MT in H1FY20.
 "Balkrishna Industries climbs 6% post Q2 results")
Fortis Healthcare shares slip post Supreme Court verdict
The Supreme Court on Friday held former Ranbaxy promoters Malvinder and Shivinder Singh guilty of contempt of court for violating its order asking them not to divest their shares in Fortis Healthcare.
 "Fortis Healthcare shares slip post Supreme Court verdict")
Divi's Labs gains 5% as USFDA issues no observations for Telangana plant
The Company's Unit-I facility at Lingojigudem, Bhuvanagiri Yadadri district, Telangana has been inspected by the USFDA from the November 11, to November 15, 2019.
 "Divi's Labs gains 5% as USFDA issues no observations for Telangana plant")
Bharti Airtel up 12% from day's low on buzz of govt relief for telcos
According to a CNBC-TV 18 report, the committee of secretaries is mulling setting a minimum price for mobile calls and data.
 "Bharti Airtel up 12% from day's low on buzz of govt relief for telcos")
PSBs gain up to 17% as SC sets aside NCLAT judgement in Essar Steel case
According to reports, while pronouncing the judgement, the Court set aside the NCLAT's judgment and said there was "no doubt that the ultimate discretion on distribution is with Committee of Creditors
 "PSBs gain up to 17% as SC sets aside NCLAT judgement in Essar Steel case")