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.
Most of the sectoral indices are trading in the green with Realty index being the top gainer followed by Metal and Power indices
Jindal Hotels, Kamat Hotels, Royal Orchid, Advani Hotels, Hotel Leela, TAJGVK and Viceroy Hotels up over 5% each.
The company has signed an agreement to acquire 55% stake in Bright Power Projects (India) Private Ltd.
The Karnataka HC has given partial relief to the company in the Forest Development Tax case
The stock moved higher by 3% to Rs 269, bouncing back nearly 5% from its early morning low on the NSE.
The stock surged 13% to Rs 41.70, also its 52-week high on the BSE.
Profit booking was seen at higher levels with IT majors Infosys and banks emerging as the top losers
Rebound in Chinese stocks from early lows is likely to boost market sentiment
Canara Bank, Punjab National Bank and Indian Bank from the banking sector hit 52-week lows on the BSE today.
The stock locked in upper circuit of 20% at Rs 32.85, also its 52-week high on the BSE, on back of heavy volumes.
In previous calendar year 2015, the stock had appreciated nearly 300% as compared to 5% decline in the Sensex.
Provisionally, S&P BSE Sensex lost 542 points to end at 25,619 and the Nifty50 shed 175 points to end at 7,789
Markets extended losses amid weak European cues post the sharp decline in Chinese shares
Bharti Airtel, Reliance Communications and Idea Cellular have fallen by up to 9% on the BSE in intra-day trade.
IDBI Bank, BOB, PNB, Oriental Ban, Syndicate Bank, Union Bank and Allahabad Bank were down over 3% each.
The order is for 7 units of bio-toilets valued at US $7,059 for Singapore
Sales in December 2015 were lower by 18% at 877 units compared to December 2014
Trading on the Shanghai Stock Exchange was suspended after the benchmark Shanghai Composite slumped 7.4%
The stock moved higher by 9% to Rs 31.35 on the BSE on back of heavy volumes.
Further, India's December Nikkei Manufacturing PMI has come in at 49.1 vs 50.3 in November, lowest since August 2013