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.
Mindtree, Mahindra Lifespace and Welspun Corp from the Nifty500 index hitting their respective 52-week lows today.
PNB Housing Finance listed at 11% premium to issue price of Rs 775 on the BSE
The stock rallied 20% to Rs 840 on BSE after the company reported profit of Rs 31 crore in Q2FY17 against Rs 7 crore in Q2FY16.
The stock hit an intra-day high of Rs 903, after listing at Rs 863, an 11% premium over its issue price of Rs 775 per share.
The stock was up 6% at Rs 1,509 on BSE, as compared to 0.8% rise in the S&P BSE Sensex att 09:26 am.
Sun Pharma, Dr Reddy's, Jubilant Life, Strides Shasun, Aurobindo Pharma were down 5% each over possible US probe into cartelisation
The stock soared 20% to Rs 37.40 in intra-day trade, up 44% in past two trading days from Rs 26 on Nov 2.
The stock dipped 6% to Rs 208 in intra-day trade, extending its yesterday's 17% fall on BSE.
Golden Tobacco locked in upper circuit of 10% and Godfrey Phillips India up 6% on BSE in intra-day trade.
The BSE Mid-Cap index was currently off 1%. The BSE Small-Cap index was currently off 1.94%
Pharma shares were among the top losers with Sun Pharma declining the most
Post Q2FY17 results, in past six trading sessions the stock fallen 10% against 2% fall in S&P BSE Sensex.
Dr Reddys, Sun Pharma, Lupin, Glenmark Pharma and Cadila Healthcare were down between 4% and 5% on the NSE.
A combined 17.91 million equity shares representing 1.96% of total equity of L&T changed hands on the NSE and BSE till 09:43 am.
The stock dipped 10% to Rs 5,850 on the NSE in intra-day trade.
At 15:05 PM, the benchmark S&P Sensex was down 76 points at 27,451 and the Nifty50 index was down 19 points at 8,495
The stock tanked 20% to Rs 216 on BSE in intra-day trade on back of heavy volumes.
Ponni Sugars (Erode), Rana Sugars, Simbhaoli Sugars, Uttam Sugar and Thiru Arooran were up 5%-15% on BSE.
Uncertainty over next week's US presidential election sending investors rushing for the sidelines
The stock rallied to its record high of Rs 196, up 17% on BSE on back of heavy volumes.