 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 776 - Si Reporter/undefined
Airlines stocks trade weak; InterGlobe Aviation down 4%
InterGlobe Aviation, SpiceJet and Jet Airways were trading lower in the range of 1% to 4% on the BSE.
 "Airlines stocks trade weak; InterGlobe Aviation down 4%")
MARKET WRAP: Sensex ends 115 pts lower, Nifty at 10,741; PSU banks slip
Among sectoral indices, the Nifty PSU Bank index ended nearly 2% lower led by a fall in the shares of Syndicate Bank, Union Bank of India and Punjab National Bank.
 "MARKET WRAP: Sensex ends 115 pts lower, Nifty at 10,741; PSU banks slip")
Bank of Maharashtra hits record low as CMD gets arrested in DSK Group scam
The stock hit a record low of Rs 12.50, down 7% after the EOW arrested Ravindra P. Marathe, CMD, in a case of Rs 30 billion fraudulent loans extended to Pune's DSK Group.
 "Bank of Maharashtra hits record low as CMD gets arrested in DSK Group scam")
MARKET WRAP: Sensex ends 261 pts up, Nifty at 10,772; Banks, RIL rally
Nifty Bank index ended over 1% higher led by a rise in the shares of IDFC Bank and IndusInd Bank. Reliance Industries rose 2.3% on the National Stock Exchange.
 "MARKET WRAP: Sensex ends 261 pts up, Nifty at 10,772; Banks, RIL rally")
Wheels India rallies 30% in two days as company mulls bonus issue plan
The stock hit a new high of Rs 2,690, up 11%, surging 30% in past two trading sessions after the company said its board will consider a bonus issue proposal in their meeting on Friday, June 22, 2018.
 "Wheels India rallies 30% in two days as company mulls bonus issue plan")
Mahindra Lifespace, Mahindra Logistics, Mahindra CIE hit 52-week high
M&M, Mahindra Holiday Resorts, EPC Industries, M&M Financial Services from the group were trading higher in the range of 2% to 6%.
 "Mahindra Lifespace, Mahindra Logistics, Mahindra CIE hit 52-week high")
This stock doubled your money in 2018
Thus far in the calendar year 2018, the stock of this pharmaceutical company has zoomed 107% from Rs 1,289, as compared to 4% rise in the S&P BSE Sensex.
 "This stock doubled your money in 2018")
Cipla gains 3% post USFDA approval for its generic HIV drug
The stock up 3% at Rs 622 on the BSE in early morning trade and is 6.6% away from its 52-week high of Rs 663 touched on November 7, 2017.
 "Cipla gains 3% post USFDA approval for its generic HIV drug")
MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy
Bharti Airtel and Larsen & Toubro were among the top losers in BSE Sensex today, while Tata Steel was the top gainer, which rose around 1%.
 "MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy")
Nifty Infra index nears 52-week low ahead of RBI monetary policy
Bharti Infratel, NBCC, NHPC, Suzlon Energy, BHEL, Siemens and Adani Power from the Nifty Infra index hitting their respective 52-week lows on the NSE today.
 "Nifty Infra index nears 52-week low ahead of RBI monetary policy")
Adani Power, HDIL, HUDCO, IDFC Bank hit all-time low
Advanced Enzyme, IL&FS Transportation Networks, Inox Wind, Narayana Hrudayalaya and Navkar Corporation were among 9 stocks from the S&P BSE500 index hitting their respective all-time lows on the BSE.
 "Adani Power, HDIL, HUDCO, IDFC Bank hit all-time low")
67 stocks from BSE smallcap index fall more than 50% in 2018
Gitanjali Gems, Bombay Rayon, Diamond Power Infra, Jaypee Infratech, GTL Infra, IVRCL, PC Jeweller, Reliance Naval and KSK Energy have plunged between 70% and 90% thus far in 2018.
 "67 stocks from BSE smallcap index fall more than 50% in 2018")
Biocon shares hit record high as cancer drug Pegfilgrastim gets USFDA nod
The stock hit a record high of Rs 695, up 6% on the BSE in opening deal in otherwise weak market.
 "Biocon shares hit record high as cancer drug Pegfilgrastim gets USFDA nod")
MARKET WRAP: Sensex slips 215 points, HDFC Bank falls 3%; Realty stocks hit
Catch all that happened during Monday's trade here
 "MARKET WRAP: Sensex slips 215 points, HDFC Bank falls 3%; Realty stocks hit")
BSE smallcap index down for fifth straight day; 100 stocks hit 52-week low
In past one week the market prices of Manpasand Beverages, Nandan Denim, Caplin Point Lab, PC Jeweller, Atlanta, Deep Industries and Madhucon Projects have declined in the range of 25% and 55%.
Avanti Feeds, Waterbase extend fall on growth concerns
Avanti Feeds dipped 4% to Rs 1,476 falling 24% in past five trading sessions post March quarter results.
 "Avanti Feeds, Waterbase extend fall on growth concerns")
HDFC Bank falls nearly 5% from its intra-day's high
The stock dipped 2.5% at Rs 2,058, falling 4.6% from its early morning high of Rs 2,157 touched on the NSE.
 "HDFC Bank falls nearly 5% from its intra-day's high")
Deep Industries hits 52-week low; stock tanks 27% in two days
he stock trading at its 52-week low of Rs 107, has tanked 27% in past two trading sessions from Rs 147 on May 31, 2018
 "Deep Industries hits 52-week low; stock tanks 27% in two days")
Dr Reddy's gains 4% as API Srikakulam plant gets USFDA clearance
The stock was up nearly 4% to Rs 2,010 on the BSE in early morning trade after the company said the US health regulator has completed the audit of its API Srikakulam plant (SEZ) with no observations.
 "Dr Reddy's gains 4% as API Srikakulam plant gets USFDA clearance")
Stock, commodity & forex markets closed today on account of Maharashtra Day
On Monday, the S&P BSE Sensex ended at 35,160, up 191 points while the broader Nifty50 index settled at 10,739, up 47 points.
 "Stock, commodity & forex markets closed today on account of Maharashtra Day")