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.
Countdown to Thursday's Federal Reserve interest rate decision continues
The stock was up 3% at Rs 889 on the BSE at 10:08 a.m.
The stock listed at Rs 111, an 8% premium against its issue price of Rs 103 per share on the National Stock Exchange.
Total 5.19 million equity shares, representing 1.09% stake of the company changed hands on the NSE & BSE till 09:28 a.m.
Markets are expected to open higher taking cues from the global markets but volatility will stay throughout the session ahead of the Fed FOMC meet
Metal shares were among the top losers amid weak economic data from China
The stock locked in lower circuit of 5% at Rs 646 on the National Stock Exchange.
The stock soared 18% to Rs 161 after the company has entered into a pact with Tata Steel for conversion of chrome ore into ferro chrome.
Top 5 losers on the Sensex are Tata Steel, Vedanta, Hindalco, L&T and Tata Motors down between 2.5-4.5%
SpiceJet rallied 8% to Rs 25.80, while Jet Airways gained 6% at Rs 351 on the BSE.
Thus far in 2015, the stock zoomed 245% from Rs 55 to Rs 190 against 6% fall in the S&P BSE Sensex.
Caution reigns ahead of the FOMC meet due later during this week
The stock dipped 6% to Rs 962, its lowest level since January 13, 2015 on the National Stock Exchange.
The top losers from the Sensex pack are Tata Steel, Hindalco, Vedanta, L&T and Tata Motors
In past one-month, the stock of agrochemicals company appreciated by 87% compared to 6% fall in the CNX Nifty.
The stock was up 1.9% at Rs 4,400 compared to a marginal 0.19% decline in the CNX Nifty at 09:19 a.m.
Investors might get a chance to enjoy on the back of favourable macro-economic numbers
Provisionally, the Sensex closed 225 points higher at 25,836 and the Nifty surged 77 points to end at 7,867
Union Bank, Yes Bank, Axis Bank, IDBI Bank, Canara Bank, Oriental Bank and Indian Overseas are up over 2% each.
The stock was 4% to Rs 756 after the company raised Rs 3,997 crore by allotting hares to QIB at Rs 702 per share.