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.
At 11:37, the Sensex was trading higher by 295 points at 27,802 mark and the Nifty gained 92 points at 8,411
HPCL surged 6% to Rs 674, while BPCL hit a new high of Rs 852 on the NSE in intra-day trade.
At 11:06, the Sensex was trading higher by 302 points at 27,808 mark and the Nifty gained 94 points at 8,414
Page Industries, Ceat, Kaveri Seed, SRF, Ajanta Pharma, Castrol, Amara Raja, Pidilite and Bajaj Finance have gained 2%-6% each.
The stock surged 8% to Rs 16,370, extending its previous day's 5% gain on the NSE.
Oil and banking stocks have firmed up this morning; HPCL, ICICI Bank and SBI are among the major gainers.
The stock rallied 5% to Rs 1,368 on the NSE.
The stock dipped 4% to Rs 1,383, extending its previous day's 9% fall on the NSE.
benchmark indices are likely to make a flat opening with negative bias this morning
Provisionally, the Sensex ended at 27,506.71, lower by 57.95 points and the Nifty closed at 8,319.00, down 15.60 points
The stock dipped 8% to Rs 188 after reporting a standalone net loss of Rs 56 crore for the quarter ended March 2015.
The stock soared 17% to Rs 1,002 after the company reported a net profit of Rs 38.13 crore in the March quarter against a loss of Rs 2.57 crore in the year-ago quarter.
In the past two weeks till Wednesday, the stock had appreciated by 24% compared to a 2.6% rise in the CNX Nifty.
Muted corporate earnings and growing prospects that the Fed Reserve may raise interest rates have dampened the sentiments
Meanwhile, Arvind announced that it will launch first Gap store on May 30, 2015.
At 12:55pm, the Sensex was at 27,390, lower by 175 points and the Nifty was at 8,274, down 60 points
At 1134 hours, the stock was up 2% at Rs 782 on the NSE.
The stock gained 17% in the month of May against a 2% rise in the CNX Nifty.
According SMC Global analysts, Nifty is likely to move in a range of 8,250 on declines and 8,400 on advances
The stock was up 7% to Rs 118 after the board approved buyback of shares at Rs 125 per share via tender offer.