 "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 836 - Si Reporter
Nifty hovers around 8,100; broader markets outperform
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend on the bourses
 "Nifty hovers around 8,100; broader markets outperform")
Nitco zooms nearly 50% in one-week on heavy volumes
In past one-week, the stock rallied nearly 50% from Rs 40.25 to Rs 60.15, as compared to 1.8% fall in Sensex.
 "Nitco zooms nearly 50% in one-week on heavy volumes")
Man Infraconstruction gains after investor Radhakishan Damani acquires stake
Derive Investments acquired acquired 21,73,083 equity shares through a bulk deal
L&T gains on construction orders worth Rs 2,416 crore
The company's division L&T Construction has won orders worth Rs 2,416 crore across three businesses
 "L&T gains on construction orders worth Rs 2,416 crore")
State-owned oil marketing companies gain; BPCL hits new high
BPCL, HPCL and Indian Oil were up between 2%-5% on the BSE.
Zuari Agro surges on availing unsecured deposit from promoter
The stock surged 8% to Rs 189 on the BSE.
 "Zuari Agro surges on availing unsecured deposit from promoter")
Hester Biosciences gains on fund raising plan via QIP
The stock rallied 9% to Rs 777 after the company said that the board will meet on June 29 to consider to raise funds.
 "Hester Biosciences gains on fund raising plan via QIP")
Tata Sponge gains on winning bid for coal supplies
The company has won the bid for 24,000 tonnes per annum of coal from Eastern Coalfields
Aban Offshore gains as arm bags order from ONGC
The stock was up 4% to Rs 208 on the BSE in early morning trade.
 "Aban Offshore gains as arm bags order from ONGC")
Eight stocks to watch in trade today
Tata Motors which had slumped on Friday could see some trend reveral in early trades
Max Ventures up 5% for third straight day
On June 22, Reliance Mutual Fund Small Cap Fund had bought 1.24 million equity shares at Rs 47.25 per share.
 "Max Ventures up 5% for third straight day")
64 stocks from BSE500 recover over 5% from day's low
Berger Paints, Max Financial, La Opala RG, Muthoot Finance, Natco Pharma and Gayatri Projects recovered more than 10% from intra-day's low.
Sensex recovers 400 points from day's low; Nifty above 8,000
Markets have staged recovery in late trades with Nifty reclaiming the crucial 8,000 mark amid short covering
 "Sensex recovers 400 points from day's low; Nifty above 8,000")
Auto, Metal, Realty, PSU Bank index slip over 5%
Tata Motors, Motherson Sumi, Vedanta, Tata Steel, Hindalco and Indiabulls Real Estate were down over 8% each.
Sun Pharma trades firm after board approves buyback of shares
The stock was trading flat at Rs 754 on the BSE, as compared to 3.5% fall in the S&P BSE Sensex.
Stocks of companies having exposure to Europe slump on Brexit
Tata Motors was among the top losers as revenues and profits from UK-based arm JLR could take a hit.
 "Stocks of companies having exposure to Europe slump on Brexit")
Logistics shares fall on profit booking
Gati, Snowman Logistics, Allcargo Logistics, Transport Corporation and Sical Logistics were down 4%-8% on the BSE.
 "Logistics shares fall on profit booking")
Markets turn weak; May WPI at 0.79%
Participants remain cautious ahead of the US Fed meet due to begin later today
Gayatri Projects gains on strong order book positions
At 01:13 PM, the stock was up nearly 6% Rs 623 on the BSE, as compared 0.11% fall in the S&P BSE Sensex.
 "Gayatri Projects gains on strong order book positions")
Indraprastha Gas hits record high
The stock moved higher to its record high of Rs 615, up 6% on the BSE, in otherwise subdued market.
 "Indraprastha Gas hits record high")