 "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 872 - Si Reporter
Inox Wind gains after arm acquires Sarayu Wind Power
Inox Wind Infrastructure Services Ltd has acquired 100% equity stake in Sarayu Wind Power (Tallimadugula) Pvt Ltd
 "Inox Wind gains after arm acquires Sarayu Wind Power")
Asian Paints gains after consolidating investments in overseas units
The stock opened at Rs 842 and hit a high of Rs 850.50
 "Asian Paints gains after consolidating investments in overseas units")
Sensex likely to open below 25,000 on weak global cues
Investors will remain cautious ahead of the October's industrial production data which will be announced tomorrow
 "Sensex likely to open below 25,000 on weak global cues")
BHEL outperforms in a weak market
Selling pressure is seen across the counters with BSE Healthcare and Metal indices leading the fall down 1.6% each
Larsen and Toubro hits 52-week low
The stock opened at 1,320 and touched an intra-day low of Rs 1,298, also its 52-week low
 "Larsen and Toubro hits 52-week low")
Markets end lower for sixth straight day
Provisionally, BSE Sensex ended 258 points lower at 25,050 while the Nifty50 settled 84 points down to end at 7,617
 "Markets end lower for sixth straight day")
Logistics stocks slump on GST concerns; Gati cracks 8%
Patel Integrated Logistics, Transport Corporation of India, Allcargo, Snowman Logistics and VRL Logistics dip up to 15%
 "Logistics stocks slump on GST concerns; Gati cracks 8%")
Oman Housing Bank chooses TCS for banking software; stock up 2%
OHB has chosen TCS BaNCS Universal Banking to provide an enhanced end-customer experience in its endeavor
 "Oman Housing Bank chooses TCS for banking software; stock up 2%")
Bharat Forge sees 15% decline in CV market during CY16; stock slips 4%
The stock opened at Rs 800 on the NSE and touched a low of Rs 773.05 in intra-day deals
 "Bharat Forge sees 15% decline in CV market during CY16; stock slips 4%")
Eicher Motors dips after Royal Enfield suffers production loss of 11,200 bikes
The stock opened at Rs 16,308 and hit a low of Rs 16,000 during the day
 "Eicher Motors dips after Royal Enfield suffers production loss of 11,200 bikes")
Sensex falls 100 points, Nifty below 7,700; metal shares drag
Vedanta, Bharti Airtel, Tata Steel, Dr Reddy's Labs, Sun Pharma and Hero Moto are the top Sensex losers
 "Sensex falls 100 points, Nifty below 7,700; metal shares drag")
Dr Reddy's Labs hits 52-week low
The stock has hit a 52-week low of Rs 2,953.35 today
 "Dr Reddy's Labs hits 52-week low")
Markets likely to open lower tracking global cues as commodity rout continues
The prospects of GST Bill being passed by the Upper House seemed to be uncertain once again
L&T, Bharti Airtel, BHEL, ONGC, Adani Ports hit 52-week low
Bank of India, Allahabad Bank, Canara Bank, Corporation Bank, DCB Bank and J&K Bank from the BSE500 index also hit their 52-week low today
 "L&T, Bharti Airtel, BHEL, ONGC, Adani Ports hit 52-week low")
Rallis India hits 19-month low after block deals
Around 6.68 million shares of Rallis India have changed hands on the BSE through block deals.
 "Rallis India hits 19-month low after block deals")
Aviation stocks fly in a weak market; Jet Airways up 4%
Oil tanked to a seven-year low as OPEC decided to maintain production at current levels
 "Aviation stocks fly in a weak market; Jet Airways up 4%")
Unichem Lab gains on USFDA nod for hypertension drug
The stock moved higher by 5% to Rs 291, bouncing back 7% from intra-day low on the BSE.
 "Unichem Lab gains on USFDA nod for hypertension drug")
ONGC, Oil India, Cairn India dip as crude oil falls
Oil India, Cairn India and ONGC were down more than 3% on the BSE.
 "ONGC, Oil India, Cairn India dip as crude oil falls")
Sensex down 100 points, Nifty below 7,750; metal shares drag
Vedanta, Hindalco, ONGC, GAIL and Dr Reddy's Labs are top five Sensex losers
 "Sensex down 100 points, Nifty below 7,750; metal shares drag")
Donear Industries up 20% for second straight day
On December 7, Merrill Lynch Capital Markets sold 1.45 million shares of Donear Industries at Rs 19.63 on the NSE
 "Donear Industries up 20% for second straight day")