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.
Since September 23, the stock zoomed 101% from Rs 70.75 to Rs 142 compared to 3.7% rise in the Sensex.
10 out of 12 sectoral indices are trading in the negative territory with BSE IT index down 1.6%
Market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%
In past two trading days, the CNX IT index dipped 3% against a less than 1% decline in the CNX Nifty.
The stock moved higher by 6% to Rs 400 on the BSE.
The stock dipped 19% to Rs 406, extending its previous day's 20% fall on the BSE.
At 09:50 am, Jet Airways was up 4.6% at Rs 344, while SpiceJet rallied 9% to Rs 33.90, also its fresh 52-week high on the BSE.
The stock was up 3% at Rs 255 on the BSE in early morning trade.
Markets will also react to the August IIP and September CPI data which were announced yesterday
The stock dipped 5% to Rs 1,109, declining 9% from intra-day high after it announced the downward revision of its full-year revenue.
IT shares were the top losers along with FMCG and pharma majors
GE to implement HR & Payroll systems across 10 countries in Middle East
The company has been awarded a prestigious contract from BARC worth Rs 942.58 crore
At 12:27 pm, CNX Metal index was up 3.6% compared to 0.01% rise in the CNX Nifty.
Infosys reported 9.8% growth in its net profit at Rs 3,398 crore.The revenue at Rs 15,635 crore grew 17.2% on year-on-year basis
SpiceJet will induct six new aircraft into its fleet to its schedule from Kochi effective from October 25
By 10:15 am, the Sensex was higher by 68 points at 27,147 and the Nifty gained by 16 points at 8,205
The stock was up 4% at Rs 874 on the BSE.
Infosys is scheduled to post results for the quarter ended September 2015 later today
Provisionally, the Sensex closed 176 points higher at 27,021 and the Nifty gained 51 points to end at 8,181