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 order is for designer range of gold and diamond embedded jewellery and medallions
Accelya Kale, Geometric, R S Software, Tata Elxsi, Sharon Bio-Medicine, Unichem Lab and Granules were up 4%-19% each on the BSE.
The board has approved conversion of loan into equity on preferential allotment basis to promoter group
Shares of Majesco are locked at the upper circuit, up 5% at Rs 332, on the National Stock Exchange.
The stock was up 2% at Rs 1,182, after touching a new high of Rs 1,187 on the BSE in early morning trades.
Stocks in export-led sectors such as pharma and IT led gains while FMCG and metals stocks weakened
Auto stocks were the top losers while IT and pharma stocks gained
Provisionally, the Sensex dropped 34 points to close at 27,844 and the Nifty gave off 12 points to end at 8,465
Infosys, Maruti Suzuki, Ashok Leyland, Tata Elxsi, Ceat, Aurobindo Pharma, Glenmark Pharma, Adani Ports, Ipca Lab and Rajesh Exports hits 52-week high on the BSE.
The stock was down 19% in the past two weeks, compared to a 1% decline in the S&P BSE Sensex.
The stock was trading lower by 2.3% at Rs 688, extending its previous day's 5% decline on the NSE.
Moody's Investors Service scaled down its projections for India's economic growth for 2015-16 to 7% from 7.5%
The stock dipped 2% at Rs 130, extending its previous day's 11% fall on the BSE.
The bank has reduced interest rates by 25-50 bps across maturities
Infosys, TCS, Mindtree, Wipro, Tech Mahindra and HCL Technologies were up 1%-3% on the NSE.
Kotak Mahindra (International) acquired 6.5 million equity shares at Rs 197/share
A combined 3.22 million shares changed hands and there were pending buy orders for 248,129 shares on the BSE and NSE till 10:05 AM.
The company has entered into an agreement with the Kerala government for building Vizhinjam seaport project.
Tata Coffee, CCL Products, Mcleod Russel, Andrew Yule, Bombay Burmah and Tata Global are up 3-9% each on the BSE.
A further decline in crude prices on slowdown of growth in the Japanese economy has boosted the sentiments