Page 712 - Si Reporter

Rupee opens 31 paise lower against US dollar as oil prices soar

The domestic unit on Thursday surged 24 paise to close at a one-week high of Rs 69.44 on the back of a rally in equities.

Sensex closes 157 pts higher, Nifty near 11,850 as metal, bank stocks rally

All that happened in the markets today

ICICI Bank, Power Finance, and 12 other stocks hit 52-week highs on BSE 500

PFC, Power Grid Corporation, REC and Torrent Power from electric utilities and related sector along with HDFC AMC and SBI Life Insurance Company also hit 52-week highs today.

Rushil Decor hits lower circuit for 2nd straight day; tanks 28% in two days

India Ratings and Research (Ind-Ra), on May 17, had downgraded RDL's long-term issuer rating to 'IND BBB' from 'IND A-' with a negative outlook.

SBI Life Insurance hits 52-week high on strong response for share sale

The firm, which has put Rs 1,625 crore worth of shares under offer-for-sale (OFS), received bids for nearly 86 million shares against 25 million shares on offer

DHFL falls 9% on partial payment of Commercial Paper dues

The housing finance company managed to settle 40 per cent of the Rs 375 crore that was up for maturity on Tuesday.

Stocks to watch: DHFL, Godrej Properties, ICICI Lombard, Adani Power, RIL

Here's a list of some of the companies whose shares are expected to trade actively in today's session -

ICICI Lombard falls 8% after block deals

At 01:10 pm, around 13.3 million shares, representing 2.9 per cent of the total equity, changed hands on the NSE, the exchange data shows

Tyre stocks gain as govt imposes additional duty on Chinese tyre imports

The government has imposed countervailing duty on new pneumatic radial tyres, which are imported from China, for five years

Sensex ends 407 pts lower, Nifty below 11,750; YES Bank, Maruti top losers

All that happened in the market today

Emami slips 8%, stock hovers near 5-year low on growth slowdown concerns

In the past four weeks, Emami's market has underperformed the market by falling 21 per cent as compared to the unchanged S&P BSE Sensex during the same period

Jet Airways turns volatile; stock gains 116% from intra-day low

With today's gain, the stock has surged 210 per cent from its all-time low of Rs 26.55 intra-day, touched on Thursday

Tanla Solutions hits over 9-year high; stock zooms 100% in four months

Promoters D Tanjua Reddy and D Uday Kumar Reddy have increased their holding by more than 3 percentage points in the company via open market over the past one-and-half months

CCI approves Indiabulls Housing, LVB merger; bank's stock zooms 10%

As per the share swap ratio for the merger, for every 100 shares of Lakshmi Vilas Bank shareholders will get 14 shares of Indiabulls Housing Finance.

Sobha share price falls 11% to Rs 500 after block deals

Around 4.14 million shares representing 4.4 per cent of total equity of Sobha changed hands on the BSE at 09:16 am.

Aurobindo Pharma slips 8% on USFDA warning for Andhra Pradesh facility

The company said it believes the existing business from this facility will not be impacted

Stocks to watch: Tata Motors, Jet Airways, Maruti Suzuki, oil-linked firms

Here's a list of some of the companies whose shares are expected to trade actively in today's session.

PSP Projects surges 3% on new order worth Rs 607 crore

The total order book for the financial year 2019-20 (till date) on a standalone basis, now, amounts to Rs 762.65 crores

Indiabulls Housing to buyback NCDs worth Rs 2,285 crore; stock rallies 8%

News reports say the company will conduct a buyback of all non-convertible debentures (NCDs) maturing in July and August totalling Rs 2,285 crore.

YES Bank dips 5% to trade in double digits for the first time in five years

According to a report by IIFL, the bank has debt exposure of Rs 7,590 crore to cash-strapped companies including Rs 3,700 crore to DHFL as of March 2019 and Rs 550 crore in Jet Airways.