 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 913 - Si Reporter
Sensex reclaims 28,000 after WPI contracts at 4.05%
The Sensex was up 471 points at 28,021 and the Nifty was up 149 points at 8,505
 "Sensex reclaims 28,000 after WPI contracts at 4.05%")
Rate sensitive shares gain on rate cut hopes post July WPI data
Canara Bank, Bank of India, Punjab National Bank, IndusInd Bank and Bank of Baroda up more than 4% each.
 "Rate sensitive shares gain on rate cut hopes post July WPI data")
Infosys, Glenmark, Dr Reddy's, Adani Ports hit lifetime highs
A total of 22 stocks have hit lifetime highs in intra-day trades today
 "Infosys, Glenmark, Dr Reddy's, Adani Ports hit lifetime highs")
Jindal Steel & Power hits eight-year low; tanks over 50% in 2015
The stock has underperformed the market thus far in 2015 by falling 57% compared to a nearly 1% rise in the Sensex.
 "Jindal Steel & Power hits eight-year low; tanks over 50% in 2015")
Natco Pharma gains on FIPB nod for QIP, hike in FII limit
The FIPB approved QIP to raise up to Rs 450 crore and hike in foreign investment limit to 31.5% from 24%
 "Natco Pharma gains on FIPB nod for QIP, hike in FII limit")
Unitech slips on weak Q1 results
It posted a net loss of Rs 281 crore for the first quarter ended June 2015 as against a profit of Rs 5.5 crore in the same period last year
 "Unitech slips on weak Q1 results")
Sensex up over 100 points; Nifty hits 8,400
Private lenders and pharma shares were among the top Sensex gainers
 "Sensex up over 100 points; Nifty hits 8,400")
Glenmark Pharmaceuticals hits record high on inclusion in MSCI index
The stock has surged by 12% to Rs 1,184, also its record high on the National Stock Exchange, in early morning trades.
 "Glenmark Pharmaceuticals hits record high on inclusion in MSCI index")
12 stocks to watch in today's trade; WPI in focus
Movement of rupee and crude oil is likely to dictate the trend on the bourses
Nestle gains as Bombay HC sets aside ban on Maggi noodles
The Bombay HC has directed Nestle to send the samples of Maggi noodles to 3 accredited labs for testing
 "Nestle gains as Bombay HC sets aside ban on Maggi noodles")
Markets end higher amid volatility
Provisionally, the Sensex gained 133 points to close at 27,645 levels and the Nifty closed at 8,382 levels up by 32 points
 "Markets end higher amid volatility")
Oriental Carbon rallies on fund buying
The stock has rallied 9% to Rs 599 after HDFC Mutual Fund and L&T Mutual Fund bought stake in the company through the open market.
 "Oriental Carbon rallies on fund buying")
Symphony turns volatile post June quarter results
The company has announced the acquisition of a Chinese firm named Munters Keruilai Air Treatment Equipment (Guangdong) Co. Ltd. (MKE)
 "Symphony turns volatile post June quarter results")
Sensex gains around 200 points; Nifty above 8,400
Lupin, Cipla, Bharti Airtel, Axis Bank, SBI and Coal India are top Sensex gainers
 "Sensex gains around 200 points; Nifty above 8,400")
Adani Ports gains 4% on inclusion in Nifty
NMDC on the other hands was down 3% at Rs 96.70, after hitting a 52-week low of Rs 95.80 on the NSE in intra-day trade.
 "Adani Ports gains 4% on inclusion in Nifty")
Infosys nears record high
In past one month, Infosys has gained 21% as compared to 0.80% decline in Nifty and 9.5% rise in CNX IT index.
 "Infosys nears record high")
TVS Srichakra rallies on nearly three-fold jump in Q1 profit
The stock rallied 8% to Rs 2,926 after the company posted a net profit at Rs 48.97 crore in June quarter against Rs 17 crore in a year ago quarter.
 "TVS Srichakra rallies on nearly three-fold jump in Q1 profit")
Nucleus Software surges over 10% on strategic partnership with Microsoft
The stock moved higher by nearly 16% to Rs 296 after the company partners with Microsoft to deliver cloud-based lending solution globally.
 "Nucleus Software surges over 10% on strategic partnership with Microsoft")
Jindal Steel drops on reporting loss in Q1
The company reported consolidated loss of Rs 339 crore in Q1 compared with profit of Rs 401 crore in the same quarter last fiscal
 "Jindal Steel drops on reporting loss in Q1")
National Aluminium dips on weak June quarter results
The stock dipped 7.5% to Rs 33.85, also its 52-week low on the BSE, after reporting 40% YoY drop in profit in June quarter.