 "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 754 - Si Reporter
MARKET WRAP: Indices end flat, Nifty settles at 10,890; PSU banks gain
Among the sectoral indices, Nifty PSU Bank index rose 0.6 per cent led by gains in the stock prices of Punjab National Bank (PNB), Union Bank of India and Indian Bank.
 "MARKET WRAP: Indices end flat, Nifty settles at 10,890; PSU banks gain")
Jet Airways slips 8% on reports Etihad offers to invest at Rs 150/share
The stock slipped 8 per cent to Rs 270 on Wednesday after the media report suggested that Etihad Airways offers to invest in debt-laden carrier at discounted rate of Rs 150 per share.
 "Jet Airways slips 8% on reports Etihad offers to invest at Rs 150/share")
Torrent Pharma trades higher for six straight day; stock hits new high
The stock hit a new high of Rs 1,929, outperforming the market by gaining 6 per cent in the past 6 days, as compared to a 1 per cent rise in the S&P BSE Sensex.
 "Torrent Pharma trades higher for six straight day; stock hits new high")
Public sector banks gain; Punjab National Bank hits four-month high
Nifty PSU Bank index, the largest gainer among sectoral indices, was up 1.5 per cent, as compared to 0.5 per cent rise in Nifty Bank and Nifty Private Bank index.
 "Public sector banks gain; Punjab National Bank hits four-month high")
Indiabulls Integrated up 5% as arm gets preliminary nod from IRDAI
Indiabulls Integrated is locked in upper circuit of 5 per cent at Rs 332 on the BSE after the company announced that Indiabulls Life Insurance Company got preliminary nod from IRDAI.
 "Indiabulls Integrated up 5% as arm gets preliminary nod from IRDAI")
Zee Entertainment extends gains after Q3 profit beats estimates
The stock was up 4 per cent to Rs 476 on Wednesday, extending its Tuesday's 2 per cent gain on the BSE.
 "Zee Entertainment extends gains after Q3 profit beats estimates")
Rupee opens flat at 71.06 against US dollar
In the previous session, the domestic unit declined 13 paise to close at one-month low of 71.05.
 "Rupee opens flat at 71.06 against US dollar")
DHFL, ZEE Entertainment and Mindtree among top stocks to watch
Here's a look at the top stocks that may remain in focus today -
 "DHFL, ZEE Entertainment and Mindtree among top stocks to watch")
MARKET WRAP: Sensex rallies 465 points led by IT stocks, RIL and HDFC twins
Among the sectoral indices, Nifty IT index, was the top gainer of the day, jumping 3.1 per cent led by a sharp rise in stock prices of Wipro, Infosys and TCS.
 "MARKET WRAP: Sensex rallies 465 points led by IT stocks, RIL and HDFC twins")
Foseco India zooms 20% as board to consider delisting of shares from BSE
The stock up 20 per cent at Rs 1,639 on Tuesday after the company announced that its board will meet on January 25, to consider voluntary delisting of equity shares from the BSE.
 "Foseco India zooms 20% as board to consider delisting of shares from BSE")
Zee Entertainment trades firm ahead of Q3 results
The stock was up 3 per cent to Rs 463 on the BSE in intra-day trade ahead of October-December 2018 quarter results today.
Wipro rallies 6% as board mulls bonus issue of shares
The stock rallied 6 per cent to Rs 332 on the BSE after the company announced that its board will consider bonus issue of shares in its meeting on January 17-18, 2019.
 "Wipro rallies 6% as board mulls bonus issue of shares")
Infosys shares hit three-month high; gain 6% in two days post Q3 numbers
Infosys was up 4% at Rs 727 on Tuesday, trading at its highest level since October 8, 2018, on BSE and less than 4% away from its all-time high price of Rs 755 touched on October 1, 2018.
 "Infosys shares hit three-month high; gain 6% in two days post Q3 numbers")
Gujarat Gas turns ex-date for stock split; surges 17%
Gujarat Gas rallied 17% at Rs 157 on back of heavy volumes as the stock turned ex-stock split in the ratio of 1:5 with effect from Tuesday.
 "Gujarat Gas turns ex-date for stock split; surges 17%")
YES Bank up 5% on reports Deutsche Bank's Ravneet Gill in race for top post
The stock was up 5 per cent to Rs 205 on Tuesday, extending its Monday's 6 per cent rally on the BSE.
 "YES Bank up 5% on reports Deutsche Bank's Ravneet Gill in race for top post")
ICICI Securities stk drops 6% on weak Q3 nos; loses 38% since market debut
The company reported a 34.3 per cent fall in consolidated net profit at Rs 101.1 crore for October-December period of 2018-19. It had posted PAT of Rs 153.9 crore in the year-ago quarter.
 "ICICI Securities stk drops 6% on weak Q3 nos; loses 38% since market debut")
Jet Airways rises 6% on reports Etihad Airways may raise its stake
Etihad Airways currently owns a 24 per cent stake in debt-laden Jet Airways.
 "Jet Airways rises 6% on reports Etihad Airways may raise its stake")
Rupee recovers, opens 15 paise higher against US dollar
On Monday, the currency plunged by 43 paise to close at nearly one-month low of 70.92 amid weak industrial output growth data, fall in domestic equity markets and sustained foreign fund outflows.
 "Rupee recovers, opens 15 paise higher against US dollar")
MCX, Wipro, ICICI Securities and Tata Metaliks among top stocks to watch
Here's a look at the top stocks that may remain in focus today -
 "MCX, Wipro, ICICI Securities and Tata Metaliks among top stocks to watch")
Jet Airways soars 24% in two days in weak market
The stock moved higher by 19 per cent to Rs 301 on Monday, gaining 24 per cent in past two trading days on the National Stock Exchange.