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.
Axis Bank, Kotak Mahindra Bank, YES Bank, HDFC Bank and ICICI Bank were up 1%-5% on the NSE.
The stock surged 7% to Rs 127 after the c ompany reported a nearly six-fold jump in net profit at Rs 17.71 crore in the June quarter.
The stock zoomed nearly 80% from Rs 243 on June 17 to Rs 434, compared to a 6.3% rise in the S&P BSE Sensex.
The stock was up 8% to Rs 84 after the company reported a net profit of Rs 10 lakh in the June quarter against a loss of Rs 20 crore in the year-ago quarter.
Asian markets are trading in the green and at 8.20am, the SGX Nifty was trading higher by 9 points at 8,641.
Provisionally, the Sensex ended at 28,455.17 levels up 256.88 points and the Nifty rose 87.40 points at 8,611.20
Axis Bank, Kotak Mahindra Bank, YES Bank, HDFC Bank and ICICI Bank were up 1%-5% on the NSE.
Banking and oil stocks are leading this morning's gains, with Axis Bank, HDFC and RIL being the major Sensex gainers.
The stock is locked at the upper circuit for the second straight day, gaining 20% at Rs 22.55 on the BSE.
Financial shares continued to lead gains on rate-cut hopes
The stock was trading higher by nearly 3% to Rs 328, at day's high level on the BSE.
Royal Enfield sold 200 units of limited edition motorcycles within 26 minutes of opening of online booking
Narrowing of trade deficit $ 10.8 billion as against $ 11.7 billion in same month previous year lifted sentiment
All the sectoral indices are in the green, with Tata Steel, Axis Bank and HDFC being the leading gainers on the BSE
The stock rallied 14% to Rs 448 after the company reported a nearly four-fold jump in net profit at Rs 28.69 crore in the June quarter.
The stock rallied nearly 5% at Rs 793 on the National Stock Exchange.
The stock dipped 6% to Rs 23.85 on the BSE in early morning trades.
The possibility of a rate cut by the central bank and the declining oil prices could boost the sentiment of traders.
Provisionally, the Sensex ended at 28,185 levels up252 points and the Nifty surged 72 points to close at 8,526 mark
The stock rallied 13% to Rs 780 after the company reported a 36% y-o-y jump in consolidated net profit at Rs 76 crore in the June quarter.