Page 975 - Si Reporter

Markets have a cautious start; Nifty hovers at 8,740

ONGC and RIL are the top gainers, while pharma space is sluggish.

Gammon India surges on winning projects worth Rs 840 crore

The company has won two new projects worth Rs 840.45 crore

Markets likely to open flat; IT shares in focus

At 8:40AM, the early indicator SGX Nifty was up 2 points at 8,779.

CNX PSU Bank index up 3%

SBI, Oriental Bank, Bank of India, Andhra Bank, Union Bank, DCB Bank and Federal Bank were up 3-6% on NSE.

Kotak Mahindra Bank, ING Vysya Bank hit new high ahead of merger

Kotak Mahindra Bank hit high of Rs 1,475 and ING Vysya Bank touched high of Rs 1,055 on the NSE in intra-day trade.

Sensex hovers near 29,000; ITC, banks lead

At 1:10PM, the 30-share Sensex was down 42 points at 29,002 after hitting a low of 28,919 and the 50-share Nifty was down 17 points at 8,817 after touching a low of 8,795.

Nifty holds 8,800; SBI, ICICI Bank up 1%

The broader markets outperform the large counterparts BSE Midcap and Smallcap indices trading higher up to 0.3%

Suzlon gains as open offer from Dilip Shanghvi begins today

Dilip Shanghvi & Associates plans to acquire additional 26% stake at Rs 18 per share

Tasty Bite Eatables zooms 20% on open offer by parent

Tasty Bite's US parent and Kagome, Japan have made an open offer to acquire 25.78% of the company

Markets have a tepid morning; Sensex hovers at 29k

Banking stocks are going strong due to cut in rates, while select auto stocks are on a slippery ground.

Krebs Biochemicals hits 52-week high as open offer begins

The stock is locked in upper circuit of 10% at Rs 135 on the BSE.

Deepak Fertilisers gains on stake sale in MCFL

The company sold over 14 million shares of MCFL via bulk deals on the BSE and NSE

Markets have a flat opening; Nifty hovers at 8820

Banking stocks such as ICICI Bank, SBI and HDFC Bank are going strong this morning, while auto stocks are are trading weak.

KNR Constructions gains on Rs 729 crore new orders

The stock was up 6% at Rs 466 on the National Stock Exchange.

Gujarat Gas rallies on PNGRB approval to start operations in Thane, Dadra & Nagar Haveli

The stock rallied 14% to Rs 761 on the National Stock Exchange in early morning trade.

DCB Bank surges on strong Q4 results

The stock rallied 8% to Rs 124 on the BSE after reporting posted 61% yoy rise in net profit at Rs 63 crore in Q4.

Markets to edge higher; FMCG stocks in focus

At 8:35AM, the early indicator SGX Nifty was up 12 points at 8,840.

Markets closed on account of Dr B R Ambedkar Jayanti

On Wednesday, FMCG and consumer durables shares are likely to be in action amid lower-than-expected consumer price inflation

Markets end at five-week highs; Sensex ends above 29,000

The 30-share Sensex provisionally ended up 167 points at 29,046 and the 50-share Nifty ended up 46 points at 8,826.

Glenmark Pharma hits record high

Analyst at Prabhudas Lilladher upgrades recommendation on the stock to 'buy' and increase target price to Rs 1,186.