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.
Infrastructure stocks gained after the Cabinet announced changes to arbitration norms
The stock hit a new high of Rs 1,114, rallied 21% in past two trading sessions from Rs 922 on the BSE.
The stock up 3% to Rs 544 after the company announced the sale of sports broadcasting biz to Sony for USD385 million.
The stock moved higher to Rs 305, a 36% premium against its issue price of Rs 225 per share, after listing at Rs 274.
Auto stocks emerged as the top gainers led by Tata Motors
Asian Paints, Eicher Motors, HDFC, HDFC Bank, Hero MotoCorp, Bajaj Auto, Kotak Mahindra Bank and UltraTech Cement hit their respective lifetime high.
The stock listed at Rs 274 on the NSE, a 22% premium against its issue price of Rs 225 per share.
The stock hit a new high of Rs 4,029, up 3.5% on the NSE in early morning trade.
Since March, post Union Budget, investor wealth increased by 29% or Rs 24.88 lakh crore from Rs 85.83 lakh crore.
Private lenders were the top gainers while IT shares recovered on renewed buying interest
Maruti Suzuki, Bajaj Auto, YES Bank, LIC Housing, DHFL, Dalmia Bharat, Biocon and V-Guard hit record high on BSE.
The stock was down 5% at Rs 193 on the BSE.
The stock dipped 5% to Rs 87 on the BSE, after rallied 14% on Monday.
The stock witnessed pressure as reduced rates on prepaid internet data plans could hurt margins
Private lenders were the top gainers while IT shares recovered on renewed buying interest
The stock up 15% to Rs 225 after the company received an order for supply of 45 railway application generators from a major MNC for installation in North America.
The stock rallied 11% to Rs 101 after the company reported 60% year on year jump in profit at Rs 115 crore for Q1 FY17.
The stock surged 9% to Rs 1,775, also its 52-week high on the BSE in early morning trade.
Balkrishna Ind, JK Tyre, Apollo Tyres, Ceat, MRF, TVS Srichakra and Goodyear India rallied by up to 8% on BSE.
IT majors were among the top losers in late noon trades with TCS and Wipro down nearly 2% each