 "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 764 - Si Reporter
Airlines stocks trade weak; InterGlobe Aviation down 4%
InterGlobe Aviation, SpiceJet and Jet Airways were trading lower in the range of 1% to 4% on the BSE.
 "Airlines stocks trade weak; InterGlobe Aviation down 4%")
MARKET WRAP: Indices end at over 5-month high, Nifty at 10,947; RIL up 3%
Benchmark indices rose on Tuesday led by index heavyweights such as Reliance Industries (RIL).
 "MARKET WRAP: Indices end at over 5-month high, Nifty at 10,947; RIL up 3%")
MARKET WRAP: Nifty ends firmly above 10800, Sensex up 257 pts; pharma gains
Markets edged up on Friday, even as broader global markets remained weak
 "MARKET WRAP: Nifty ends firmly above 10800, Sensex up 257 pts; pharma gains")
Bajaj Finance surpasses Axis Bank in market-cap ranking
At 02:37 pm; with market-cap of Rs 1,345.85 billion, Bajaj Finance, the non-banking finance company, overtook the Axis Bank, which has market-cap of Rs 1,340.18 billion, the BSE data shows
 "Bajaj Finance surpasses Axis Bank in market-cap ranking")
PNB Housing Finance hits 52-week low of Rs 1,051
The stock hit 52-week low of Rs 1,051, falling 26% since May 2, as compared to 1% rise in the S&P BSE Sensex.
 "PNB Housing Finance hits 52-week low of Rs 1,051")
SRF hits four-month low; stock falls 25% post Q4 results
The stock dipped 5% to Rs 1,690 on the BSE, trading at its lowest level since February 6, 2018.
 "SRF hits four-month low; stock falls 25% post Q4 results")
AstraZeneca gains 5% on marketing nod to launch cancer drug in India
The stock was up 5% to Rs 1,416 after the company said it has received approval from the Drug Controller General of India to market Durvalumab, a cancer treatment medicine.
 "AstraZeneca gains 5% on marketing nod to launch cancer drug in India")
MARKET WRAP: Sensex ends 115 pts lower, Nifty at 10,741; PSU banks slip
Among sectoral indices, the Nifty PSU Bank index ended nearly 2% lower led by a fall in the shares of Syndicate Bank, Union Bank of India and Punjab National Bank.
 "MARKET WRAP: Sensex ends 115 pts lower, Nifty at 10,741; PSU banks slip")
Jubilant FoodWorks, Emami turn ex-bonus in ratio of 1:1
At 02:36 pm; Emami was trading 1% lower at Rs 529, while Jubilant FoodWorks down 0.4% lower at Rs 1,357, falling 2% from its early morning trade on BSE.
 "Jubilant FoodWorks, Emami turn ex-bonus in ratio of 1:1")
Manpasand Beverages rebounds from record low; stock tanks 70% in one month
The stock locked in upper circuit of 5% at Rs 142, bouncing back 9.5% from its intra-day low, after the company said its board will meet on June 27 to consider Q4 results and to recommend dividend.
 "Manpasand Beverages rebounds from record low; stock tanks 70% in one month")
Cement companies under pressure; UltraTech Cement, Ambuja hit 52-week low
India Cements, Sanghi Industries, Birla Corporation, Andhra Cements, Orient Cement, NCL Industries and Mangalam Cement were down 30% to 40% thus far in 2018.
 "Cement companies under pressure; UltraTech Cement, Ambuja hit 52-week low")
Bank of Baroda hits over two-year low; falls 10% in one week
The stock is down 2% at Rs 123 on the BSE was trading at its lowest level since February 15, 2016.
 "Bank of Baroda hits over two-year low; falls 10% in one week")
Reliance Industries hits new high; stock surges 50% from 52-week low
The stock hit a new high of Rs 1,031, up 1% on the BSE in intra-day trade on Thursday, rallied 50% from its 52-week low of Rs 686 recorded on July 3, 2017 in intra-day deal
 "Reliance Industries hits new high; stock surges 50% from 52-week low")
Bank of Maharashtra hits record low as CMD gets arrested in DSK Group scam
The stock hit a record low of Rs 12.50, down 7% after the EOW arrested Ravindra P. Marathe, CMD, in a case of Rs 30 billion fraudulent loans extended to Pune's DSK Group.
 "Bank of Maharashtra hits record low as CMD gets arrested in DSK Group scam")
MARKET WRAP: Sensex ends 261 pts up, Nifty at 10,772; Banks, RIL rally
Nifty Bank index ended over 1% higher led by a rise in the shares of IDFC Bank and IndusInd Bank. Reliance Industries rose 2.3% on the National Stock Exchange.
 "MARKET WRAP: Sensex ends 261 pts up, Nifty at 10,772; Banks, RIL rally")
Wheels India rallies 30% in two days as company mulls bonus issue plan
The stock hit a new high of Rs 2,690, up 11%, surging 30% in past two trading sessions after the company said its board will consider a bonus issue proposal in their meeting on Friday, June 22, 2018.
 "Wheels India rallies 30% in two days as company mulls bonus issue plan")
Mahindra Lifespace, Mahindra Logistics, Mahindra CIE hit 52-week high
M&M, Mahindra Holiday Resorts, EPC Industries, M&M Financial Services from the group were trading higher in the range of 2% to 6%.
 "Mahindra Lifespace, Mahindra Logistics, Mahindra CIE hit 52-week high")
This stock doubled your money in 2018
Thus far in the calendar year 2018, the stock of this pharmaceutical company has zoomed 107% from Rs 1,289, as compared to 4% rise in the S&P BSE Sensex.
 "This stock doubled your money in 2018")
Cipla gains 3% post USFDA approval for its generic HIV drug
The stock up 3% at Rs 622 on the BSE in early morning trade and is 6.6% away from its 52-week high of Rs 663 touched on November 7, 2017.
 "Cipla gains 3% post USFDA approval for its generic HIV drug")
MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy
Bharti Airtel and Larsen & Toubro were among the top losers in BSE Sensex today, while Tata Steel was the top gainer, which rose around 1%.
 "MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy")