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.
All that happened in markets today
Here's a look at the top stocks that may remain in focus today -
All that happened in markets today
Nifty PSU Bank index has gained 4% in the past two days. It hit an intra-day high of 3,249 on Wednesday, its highest level since September 4, 2018.
It has rallied 64 per cent from its 52-week low value of Rs 520 hit on February 19, 2019 in intra-day trade
The firm has fixed April 2 as the record date for the purpose of determining the shareholders who will be eligible to apply for the rights issue
Around 7.41 million shares, representing 2.8 per cent of total equity of United Breweries, changed hands via block deals at a price of Rs 1,381.60
The stock rallied 9 per cent to Rs 348 on the BSE in early morning trade as the offer for sale of the company saw subscription of 3.9 times.
On Tuesday, the domestic unit appreciated by 10 paise to end at 68.86 following a robust response to RBI's maiden rupee-dollar swap auction.
Here's a look at the top stocks that may remain in focus today -
All that happened in markets today
During the October-December quarter (Q3FY19), Pidilite Industries had reported 20 per cent year-on-year (YoY) growth in consolidated net sales at Rs 1,838 crore
The stock slipped 5 per cent to Rs 689. It was trading at its lowest level since November 21, 2018.
The company had reported a stellar performance in the October-December quarter (Q3FY19), driven by around 20 per cent volume growth -- highest since FY11
The stock was down 2 per cent at Rs 1,293 on the BSE in the intra-day trade on Tuesday. It was trading at its lowest level since December 27, 2018.
DLF said a meeting of Securities Issuance Committee of the board of directors is scheduled to be held on Thursday to determine the issue price of the equity shares
The consortium of lenders, led by the State Bank of India (SBI), will now own a 50 per cent stake in the airline, while Goyal's stake would be halved to 25.5 per cent
The domestic unit ended almost flat at 68.96 per US dollar Monday as participants preferred to wait on the sidelines to see the outcome of RBI's first-ever rupee-dollar swap auction.
Here's a look at the top stocks that may remain in focus today -
In past three months, SRF has outperformed the market by surging 25 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.