 "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 831 - Si Reporter
NBFCs in focus; Bajaj Finance, LIC Housing, GIC Housing hit record highs
Bajaj Finserv and M&M Financial Services from the BSE500 index hit record highs on the BSE.
 "NBFCs in focus; Bajaj Finance, LIC Housing, GIC Housing hit record highs")
Sensex zooms over 450 points, Nifty holds 8,450; Tata Motors up 4%
The Nifty50 hit an intra-day high of 8,468, its highest level since August 20, 2015
 "Sensex zooms over 450 points, Nifty holds 8,450; Tata Motors up 4%")
Cadila Healthcare gains on USFDA nod for anti-diabetic drug
The stock moved higher by 5% to Rs 375 on the BSE.
 "Cadila Healthcare gains on USFDA nod for anti-diabetic drug")
Bajaj Finance surges on bonus issue, stock split plan
The stock surged 6% to Rs 8,670, also its fresh lifetime high on the BSE.
 "Bajaj Finance surges on bonus issue, stock split plan")
Nifty tops 8,450; Midcap indices hit record highs
The broader markets witnessed strong buying interest with both the midcap indices hitting record highs
 "Nifty tops 8,450; Midcap indices hit record highs")
HDFC Bank, IndusInd Bank, YES Bank hit lifetime highs
YES Bank (Rs 1,147), HDFC Bank (Rs 1,196) and IndusInd Bank (Rs 1,147) were up more than 1% each, touching their respective record highs on the BSE in intra-day trade.
Dishman Pharma gains on USFDA inspection of Bavla facility
The stock was up 6% at Rs 144 on the BSE at 09:44 AM.
 "Dishman Pharma gains on USFDA inspection of Bavla facility")
Himatsingka Seide, Pidilite Industries, Kesoram Industries hit 52-week high
Ambuja Cements, BPCL, Exide Industries, India Cements, Shree Cement and Hatsun Agro were from BSE500 index hit their respective 52-week highs.
Alembic Pharma, Cadila Healthcare gain on getting EIR from USFDA
Alembic Pharma and Cadila Healthcare were up 4% each as compared to 0.18% fall in Sensex at 01:38 PM.
 "Alembic Pharma, Cadila Healthcare gain on getting EIR from USFDA")
Auto stocks outperform in a weak market; Tata Motors up 2%
Auto stocks outperformed in a weak market led by Tata Motors after robust retail JLR sales in June
 "Auto stocks outperform in a weak market; Tata Motors up 2%")
Asian Paints, Berger Paints, Kansai Nerolac trade firm in a weak market
Asian Paints, Berger Paints and Kansai Nerolac were up nearly 2% each as compared to 0.32% fall in the Nifty 50.
 "Asian Paints, Berger Paints, Kansai Nerolac trade firm in a weak market")
8K Miles Software Services gains on good Q1 results
The stock rallied 10% to Rs 1,950 after the company reported 57% jump in net profit at Rs 19 crore for Q1FY17 on sequential basis.
Gujarat Gas gains on gas distribution nod in Gujarat
The stock was up 3% at Rs 559 on the BSE.
 "Gujarat Gas gains on gas distribution nod in Gujarat")
Markets come off day's low; Nifty reclaims 8,300
Markets came off their early lows as gains in Tata Motors and Lupin helped offset some of the losses
 "Markets come off day's low; Nifty reclaims 8,300")
Zee Learn surges on strong Q1 results
The stock surged 14% to Rs 34.10 on the BSE in early morning trade on back of heavy volumes.
 "Zee Learn surges on strong Q1 results")
Lupin surges on receiving EIR from USFDA for Goa facility
The stock moved higher by 9% to Rs 1,698 on the NSE.
 "Lupin surges on receiving EIR from USFDA for Goa facility")
Accelya Kale Solutions hits 52-week high
The stock moved higher by 11% to Rs 1,230 after Brussels Airlines selected Accelya's FinessCost solution to efficiently manage direct operating cost.
Markets edge higher on firm European cues; Nifty tops 8,350
Private lender were the top gainers along with FMCG majors
 "Markets edge higher on firm European cues; Nifty tops 8,350")
Sugar shares rally; Upper Ganges, Ponni Sugars up 20%
Upper Ganges Sugar, Ponni Sugars, KCP Sugar, Sakthi Sugars and Kesar Enterprises were up more than 10% each on the BSE.
 "Sugar shares rally; Upper Ganges, Ponni Sugars up 20%")
BGR Energy Systems soars on receiving LoI for contract worth Rs 2,300 crore
The stock moved higher by 13% to Rs 134 on the NSE in noon deal.
 "BGR Energy Systems soars on receiving LoI for contract worth Rs 2,300 crore")