Page 907 - Si Reporter

Sensex, Nifty surge over 1%; Nifty reclaims 7,900

All sectoral indices are trading in green led by BSE Realty and Oil & Gas indices trading higher by 2% each

8K Miles, La Opala, Jubilant Industries, Gayatri Projects, Orissa Sponge hit 52-week highs

8K Miles Software, Gayatri Projects, Orissa Sponge Iron, Jubilant Ind and La Opala have rallied up to 17% each on the BSE.

Markets surge on strong global cues; Sensex reclaims 26,000

All the sectoral indices are trading in the green, with financials and pharma indices soaring by almost 2% each.

Hathway Cable surges on removal of RBI ban

The stock rallied 16% to Rs 46.90 after the RBI said it has removed the company from its caution list and foreign investors can now buy more shares in the company.

Markets rebound on strong global cues

At 9:15 AM, the Sensex was at 26,028, stronger by 314 points or 1.2% and Nifty was at 7,888, up 96 points.

3 stocks account for one-third of 2,200-point Sensex fall in one week

HDFC, Infosys, L&T have collectively contributed 721 points to the Sensex's 2,217-point decline in the past one week

Sensex, Nifty crack 1% ahead of August F&O expiry

Index heavyweights Infosys and HDFC were the top Sensex losers

Ambuja Cements hits 52-week low; stock dips 5%

The stock has under-performed the market by 18% in the past one month compared to a 8% decline in the Sensex.

Orissa Sponge Iron zooms over 75% in four days

Monnet Ispat said that the company is in-principal agree to sell its stake held in Orissa Sponge to Bhushan Steel.

Markets fall; Nifty slips below 7,900 on weak European cues

Top losers on the Sensex are M&M, Hero Moto, Bharti Airtel, SBI and ICICI Bank

8K Miles Software hits lifetime high

The stock hit a record high of Rs 1,105, surging by 31% from its recent low of Rs 841 on August 13, compared to a 6% decline in the CNX Nifty.

Lupin surges on USFDA approval for Diclofenac Sodium

The company has received USFDA nod for anti-inflammatory drug Diclofenac Sodium

Federal Bank dips on stake sale by Morgan Stanley

On August 25, Morgan Stanley Mauritius sold 8.62 million shares of Federal Bank at a price of Rs 60.28 per share on the NSE.

IL&FS Engineering gains on order worth Rs 191 crore

The order is for rural electrification works in Shahjahanpur district of UP

Power Mech Projects rebounds over 10% from day's low

The stock moved higher to Rs 663, bouncing back 14% from its intra-day low of Rs 580 on the NSE.

Nifty reclaims 7,900 led by RIL, Infosys

Gains were led by index heavyweight Reliance Industries and IT majors Infosys and TCS.

Gayatri Projects rallies on bagging Rs 3,318 crore orders from NHAI

The stock rallied 9% to Rs 450 after the company received new orders worth Rs 3,318 crore from the NHAI.

Power Mech Projects lists below issue price

Shares of Power Mech Projects have listed at Rs 600, a discount of 6.25% to its issue price of Rs 640 on the NSE.

Logistics shares gain; Gati surges over 5%

Gati, Transport Corporation, Snowman Logistics, and Patel Integrated Logistics are trading higher by up to 10% on the BSE.

Markets trim losses as Asian peers recover

Gains in pharma shares helped trim early losses while ITC and Infosys were the top losers