Page 701 - Si Reporter

Rupee opens 14 paise higher against US dollar amid rebound in oil prices

The domestic unit declined 31 paise to close at 70.87 on Monday amid rising demand for the greenback vis-a-vis other currencies overseas.

MARKET WRAP: Sensex up 292 pts, Nifty ends at 11,428; auto, metals rally

All that happened in markets today.

Bandhan Bank, Gruh Finance trade firm ahead of record date for amalgamation

The share swap ratio for the amalgamation was fixed at 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.

Adani Transmission surges 14% on acquisition of WRSS Transco

The stock jumped 14 per cent to Rs 255, and was trading close to its 52-week high level of Rs 256 hit on November 28, 2018 on the BSE.

Indiabulls Housing Finance falls 13% in two days on Moody's downgrade

Moody's on Monday downgraded the corporate family rating and the foreign currency senior secured rating of the housing finance company to B2 from Ba2 citing funding challenges for the company.

LVB, Syndicate Bk hit 52-wk low as RBI imposes penalty for violating norms

The RBI imposed a monetary penalty of Rs 1 crore on Lakshmi Vilas Bank Ltd for non-compliance with certain provisions of directions issued by RBI on IRAC norms

Stocks to watch: HUL, Wipro, ACC, oil-linked companies, LVB, Manpasand Bev

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

HUL Q2 net up 21% YoY to Rs 1,848 cr; to give Rs 11/sh as interim dividend

Revenue for the quarter came in at Rs 9,852 crore, up 6.7 per cent YoY while EBITDA came in at Rs 2,443 crore, up 21 per cent YoY

MARKET WRAP: Sensex pares gains, ends 87 pts higher; Nifty closes at 11,330

All that happened in markets today.

Bharti Airtel regains Rs 2 trillion m-cap, stock surges 16% in one week

The stock was trading in the positive zone for the fifth straight day, hitting its highest level since March 2018.

Birlasoft gains 13% after it signs $240 mn multi-year deal with Invacare

Birlasoft will deliver IT‐as‐a‐ Service to Invacare, the world's leading manufacturer of wheelchairs, bariatric equipment, disability scooters, respiratory products and other home care products.

Infosys declines 4% on profit-booking by investors post Q2 results

Analysts are surprised by the fact that Infosys did not raise the revenue guidance at the upper end despite the confidence of strong order booking

Adani Gas zooms 18% as French firm Total agrees to buy 37.4% stake

Adani and TOTAL have signed definitive agreements to deepen their existing partnership and commitment for developing multi-energy offerings to the Indian energy market.

Stocks to watch: IRCTC, HUL, Infosys, Avenue Supermarts, Adani Gas, BoB

Here's a list of stocks that may trade actively in today's trading session -

MARKET WRAP: Sensex trims losses, ends 362 pts lower; Nifty ends at 11,360

All that happened in markets today.

Indiabulls group stocks extend decline; Indiabulls Hsg falls 48% in 1 week

Thus far in financial year 2019-20 (FY20), the market value of Indiabulls group companies have underperformed the market by falling in the range of 53 per cent to 74 per cent.

IRCTC IPO fully subscribed; sees strong demand from retail investors

The issue was subscribed about 81 per cent on the opening day of bidding on Monday. The price range for the initial public offering (IPO) has been fixed at Rs 315-320 per share.

IndusInd Bank slips 16% in three days despite clarification on HFC exposure

The stock was trading lower for the third straight day, down 6 per cent at Rs 1,304 on the BSE.

BPCL, SCI, Concor rally up to 14% as govt clears divestment proposal

In the past month, SCI (zoomed 77 per cent), BPCL (up 44 per cent) and Concor (up 27 per cent) have outperformed the benchmark S&P BSE Sensex, which gained 4 per cent during the same period.

Stocks to watch: Auto cos, Bharti Airtel, RIL, Tata Comm, CG Power, BPCL

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