Page 971 - Si Reporter

Natco Pharma drops after Teva's offer to buy Mylan

Teva Pharmaceutical Industries Ltd on Tuesday made an unsolicited $40 billion offer for smaller rival Mylan

Markets steady in early trades; Nifty reclaims 8400

The capital goods, pharma and banking indices are the leading sectoral gainers on the BSE.

Markets snap 5-day losing streak; Sensex gains around 100 points

The Sensex is at 27,744, higher by 68 points and the Nifty is just shy of the 8,400 mark at 8398, up 20 points.

Weak opening likely; Sun Pharma, Wipro in focus

At 8:30AM, the early indicator SGX Nifty was down 24 points at 8,388.

DLF hits three-month low

The stock dipped 5% at Rs 139, its lowest level since January 16 this year on the Bombay Stock Exchange.

Nifty ends below 8,400 in late sell-off

The Sensex provisionally ended at at 27,726, lower by 159 points and the Nifty broke the psychological level of 8,400 to end at 8380, down 67 points.

Hindustan Unilever falls 7% in two days

The stock dipped nearly 5% at Rs 870, extending its previous day's 2.6% fall on the National Stock Exchange.

Symphony gains post March quarter results

The stock is up 2% at Rs 3,065 and hit a record high of Rs 3,140 on the NSE in intra-day trade.

Sensex, Nifty trim losses; RIL, ITC gain nearly 1%

Axis Bank, Bharti Airtel, Tata Steel, BHEL and ICICI Bank are the top gainers

Bajaj Finance slips on equity dilution concerns

The board has approved share issue worth Rs 1,400 crore via QIP and preferential issue of convertible warrants to promoters

Nifty faces resistance above 8,450; banks gain ground

At 11.50 AM, the 30-share Sensex is down 42 points at 27,844 and the 50-share Niftyhas lost 9 points at 8,439

Lanco Infratech gains on sale of Udupi power unit

The company has realised enterprise value of around Rs 6,300 crore through the sale

HOV Services tanks 20% on heavy volumes

A combined 190,911 shares changed hands and there are pending sell orders for 69,053 shares on the NSE and BSE.

Gujarat Gas extends gain post PNGRB nod for gas network in Thane

The stock hit a record high of Rs 862, surged 29% in past five trading sessions against 5% fall in the CNX Nifty.

Nifty holds 8,400 amid choppy trade; Wipro down 1%

At 10:45AM, the 30-share Sensex was down 100 points at 27,786 and the 50-share Nifty was down 33 points at 8,444.

Tata Sponge Iron falls on weak Q4 results

The stock dipped 9% after reporting a sharp 79% YoY drop in its consolidated net profit at Rs 8.57 crore in March quarter.

Markets turn choppy; Pharma shares drag

At 10:15AM, the 30-share Sensex was down 71 points at 27,815 and the 50-share Nifty was down 30 points at 8,418.

HCL Technologies dips on disappointing Q3 results

The stock dipped almost 10% to Rs 835 on the National Stock Exchange in early morning trade.

Stocks to watch in trade today

Sun Pharma, PFC and Hindustan Zinc, besides HCL Tech and Wipro are likely to be in the news in this session.

Sensex slumps 556 points to end below 28,000

The 30-share Sensex provisionally ended down 556 points at 27,886 and the 50-share Nifty ended down 162 points at 8,444.