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.
The board has approved merger of Jet Lite (India) with the company
HDIL, Indiabulls Real Estate, DB Realty and Oberoi Realty are up 5%-8% .
Private banks were the top gainers with the Bank Nifty up over 1.5%
ACC, UltraTech Cement, Dalmia Bharat and JK Lakshmi Cement trading higher by 2% each on the BSE.
It decided to raise Rs 200 crore via rights issue and sale of non-core assets to reduce its debt burden
Index heavyweights ITC, Reliance Industries were among the top gainers along with financials
The stock rallied 6% to Rs 724 on the NSE.
Gains were led by financials and information technology shares in early trades
Weak GDP data, China slowdown worries and US rate hike fears came together in a triple-whammy
Jindal Drilling, Selan Exploration, Hindustan Oil Exploration, Dolphin Offshore and Aban Offshore are up 3%-15% on the BSE
Bank shares extended losses on concerns over weak economic data
In past three days, the stock rallied 23% after reported a strong 59% Y-o-Y growth in consolidated profit at Rs 37.76 crore for the quarter ended June 30, 2015.
The CNX PSU Bank index, a gauge of public sector banks, hit a fresh 15-month low on the National Stock Exchange.
The third new chemical entity (NCE) SUVN-D4010 commenced phase-1 clinical trial in US
The stock was up 3% at Rs 769 on the BSE.
TCS, ITC, Lupin, Reliance Industries and Lupin are the top five Sensex gainers
The stock hit an intra-day low of Rs 2,300, is 2% away from its 52-week low of Rs 2,251 touched on May this year.
GIC will invest a sum of approximately Rs 1,990 crore.
However, concerns over China's slowdown and fears of an US interest rate hike could be a dampener
PNB, Oriental Bank, BOB, IDBI Bank, Canara Bank, Union Bank and BOI dipped more than 5% each on the NSE.