Page 950 - Si Reporter

Markets flat ahead of May F&O expiry; Tata Motors surges 2%

According SMC Global analysts, Nifty is likely to move in a range of 8,250 on declines and 8,400 on advances

Seamec surges as board approves share buyback proposal

The stock was up 7% to Rs 118 after the board approved buyback of shares at Rs 125 per share via tender offer.

Godrej Industries rallies on strong Q4 results

The stock rallied 10% to Rs 400 after the company reported a 22% Y-o-Y growth in consolidated net profit at Rs 139 crore in the March quarter.

Nifty hovers around 8,350 ahead of May F&O expiry

At 9:27am, the Sensex was at 27,606, higher by 42 points or 0.2% and the Nifty was at 8,346, up 11 points

Jindal Steel & Power hits six-year lows on disappointing Q4 results

The stock dipped 4% to Rs 124, its lowest level since January 2009 on the BSE.

Pre-Market: Stocks to watch in trade on Thursday

Gammon Infrastructure Projects, Tata Chemicals, Max India, Coal India, Hindalco and NMDC are likely to be in the limelight in this session

Gail (India) dips post Q4 results

The stock weakened by 2% at Rs 379 after reported a lower than expected net profit at Rs 511 crore in March quarter.

Markets end flat; Nifty ends below 8,350

Provisionally, the Sensex gained 34 points to end at 27,565, while the Nifty ended unchanged at 8,338.

PNC Infratech surges over 15% on second day of debut

The stock surged 16% to Rs 420 on the NSE on second day of its listing, trading above its issue price of RS 378 per share.

Prism Cement extends gains on stake purchase by Morgan Stanley

On May 25, Morgan Stanley Asia Singapore PTE bought 3.14 million shares at an average price of Rs 101 per share on the BSE.

TTK Prestige turns volatile post Q4 results

The stock dipped 9% to Rs 3,571 after the announcements of Q4 results, erases its entire losses and touched a high of Rs 4,080 on the BSE.

Markets remain weak, Nifty holds 8,300; auto, IT shares drag

Broader markets are in sync with the larger peers with BSE Midcap and Smallcap indices down by 0.3% and 0.1%, each

ABG Shipyard hits six-year lows as Q4 loss widens

The stock slipped 7% to Rs 137, its lowest level since May 2009 on the BSE, after the company reported a net loss of Rs 375 crore in the March quarter.

Sandesh hits record high on healthy Q4 results

The stock rallied 14% to Rs 606 after reporting 74% year on year growth in net profit at Rs 17.41 crore in March quarter.

Packaged foods stocks rally on strong Q4 results

Heritage Foods, DFM Foods and Tasty Bite Eatables have rallied between 7% and 13% on the BSE.

Markets remain subdued; Tata Motors dips 5%, Axis Bank up 1.5%

By 11:25am, the Sensex was lower by 63 points at 27,468 and the Nifty had slipped by 28 points at 8,312

Markets recover from day's lows; Nifty hovers at 8,300

Banking and oil stocks are aiding the recovery, while IT and auto stocks continue to trade weak.

IDBI Bank gains as assets quality improves in Q4

The stock rallied 6% to Rs 71 after gross NPAs declined to 5.88% in the March quarter from 5.94% in the December quarter.

Tech Mahindra tanks over 10% on weak Q4 results

The stock tanked 13.4% to Rs 554, its sharpest intra-day fall since February 2011 on the NSE.

Nifty trades below 8,300; Tech Mahindra slips 13%, Tata Motors down 5%

All the sectoral indices are in the red, with auto, IT and metal stocks doing the most damage.