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.
Hero Motocorp, RIL, HUL, Infosys and CIL are the top losers
The stock dipped 13% to Rs 270, falling 19% from its intra-day high of Rs 334, on the Bombay Stock Exchange.
At 11.30 AM, the Sensex is at 28,208, lower by 234 points and the Nifty is at 8,555, down 71 points
At 1117 hours, CNX FMCG index down 2% compared with 0.83% decline in the CNX Nifty.
The stock up 4% at Rs 898 on the National Stock Exchange.
The results of the formation test confirmed the presence of light oil and good productivity of the reservoirs
The stock up 6% at Rs 328 after the company announces settlement of litigation & license agreement for its generic DIPRIVAN in USA.
Information Technology and FMCG stocks are under pressure in this morning's trades.
On April 16, Equity Intelligence India bought 45,000 shares of Ansal Buildwell at Rs 99.41 per share via bulk deal on the BSE.
Reliance Industries is witnessing mild profit-booking post Q4 results.
The stock rallied 14% to RS 980 on the National Stock Exchange.
The stock rallied 16.5% from its 52-week low of Rs 796 touched on March 30, compared with 1.3% rise in Nifty till yesterday.
The company has reduced prices of iron ore fines by 20% or Rs 500 per tonne to Rs 1,960 per tonne and lump ore prices by 6.1% or Rs 200 per tonne to Rs 3,050 per tonne.
At 8:30AM, the early indicator SGX Nifty was up 3 points at 8,618.
At 1308 hours, CNX IT index was down 2% or 240 points at 11,819 compared to 0.80% fall in the CNX Nifty.
The stock down 8% to Rs 2,165 on the NSE after reporting 18% yoy drop in profit at Rs 56 crore in March 2015 quarter.
The 30-share Sensex provisionally ended down 242 points at 28,425 and the 50-share Nifty ended down 104 points at 8,603.
Lupin, Aurobindo, Sun Pharma, Cadila Healthcare, Venus Remedies, SPARC & Shasun Pharma down were 3%-7%.
The stock rallied 8% to Rs 85 on the NSE on back of an over three-fold jump in trading volumes.
The 30-share Sensex was down 117 points at 28,548 and the 50-share Nifty was down 64 points at 8,641