Page 866 - Si Reporter

Midcaps outperform in a flat market; BSE Midcap index up 0.5%

Investors remain cautious ahead of F&O expiry for the month of December on Thursday

HDFC gains as Standard Life to hike stake in insurance JV

Standard Life will pay Rs 1,705 crore to raise its stake in HDFC Life Insurance to 35%

SKS Microfinance gains on securitisation worth Rs 372 crore

With this, the total sum of securitisation for FY16 year-to-date is Rs 699.20 crore

Volatility seen ahead of Dec F&O expiry

HDFC Bank, HDFC and United Spirits in focus in early trades

Jet Airways, SpiceJet, Berger Paints, Srei Infra, Tide Water hit 52-week high

RCom, Petronet LNG, Aurobindo, HFCL and TV Today are among 19 stocks from BSE500 index hit 52-week highs.

Nifty eyes 7,950; BSE Midcap index up 0.5%

At 14:35 pm, the S&P BSE Sensex was up 74 points at 25,108 and Nifty50 gained 12 points at 7,938

CARE surges on MoU with Japanese credit rating agency

CARE has entered into a MoU with Japan Credit Rating Agency

Saregama India rises on Reliance Capital stake buy

Reliance Capital acquired 11,88,000 equity shares of the company at RS 364 per share

Titan eases on mixed consumer response in festive season

Mixed consumer response across categories and lower sales in southern states on account of floods

Educomp Solutions gains as arm to sell land, building

Educomp Infrastructure & School Management Limited has executed agreements to sell one of its land and building to third party.

Nifty holds 7,900 amid range bound trades

At 11:45am, the S&P BSE Sensex up 13 points at 26,048 and Nifty50 down 2 points at 7,920

Suven Life rises on receiving product patents in Europe, Macau

The company has been granted a patent each by Europe and Macau for drug used to treat disorders associated with neurodegenerative diseases

JBF Industries gains on issue of shares at premium to KKR Jupiter Investors

The board has approved issue of 1,63,74,370 fully paid up equity shares of Rs 10/- each on preferential basis to KKR Jupiter Investors Pte Ltd., Singapore, at Rs 300/- per equity share

Pharma shares gain in a flat market; Nifty hovers around 7,930

Pharma shares were among the gainers led by Sun Pharma and Dr Reddy's Labs

Oil marketing companies gain on plans to set up mega refinery

IOC, BPCL and HPCL plan to set up a mega refinery Ratnagiri in coastal Maharashtra

Lupin gains on USFDA nod for generic Femhrt tablets

The approval is for dosages of 0.5mg and 1mg tablets

Markets likely to open positive tracking mixed global cues

The early indicator, SGX Nifty is trading with 0.3% gains

Manpasand Beverages hits new high since listing

The stock rallied 12% to Rs 494 on the BSE on back of heavy volumes.

Sensex, Nifty up almost 1%; ICICI Bank, Tata Motors gain 2%

At 14:58 pm, the S&P BSE Sensex was up 234 points at 26,072 and the Nifty50 gained 74 points to trade at 7,936

Sensex hits 26,000 mark; BSE Smallcap index up 0.5%

Top gainers from the Sensex pack are Dr Reddy's Labs, NTPC, ICICI Bank, Tata Motors and ONGC