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Prakash Steelage board nod for sub-division of shares; stock dips 3%

The board has approved stock split into 10 shares of Re 1/- each

Markets remain lacklustre; RIL dips 0.5%; HDFC gains 0.5%

By 11:35 am, the S&P BSE Sensex was trading lower by 6 points at 26,075 and Nifty50 was flat at 7,929

JMC Projects firms up ahead of board meet for rights issue

The board at its meeting on Dec 31, 2015 will consider rights issue of shares

SREI Infrastructure Finance slips on profit taking

BNP Paribas Lease Group plans to acquire 2.51 crore shares representing 5% equity capital of SREI Infra

Petron Engineering surges on order worth Rs 75 crore

The order from JSW Cement is for civil and structural work at Salboni, West Bengal

Midcaps outperform in a flat market; BSE Midcap index up 0.5%

Investors remain cautious ahead of F&O expiry for the month of December on Thursday

HDFC gains as Standard Life to hike stake in insurance JV

Standard Life will pay Rs 1,705 crore to raise its stake in HDFC Life Insurance to 35%

SKS Microfinance gains on securitisation worth Rs 372 crore

With this, the total sum of securitisation for FY16 year-to-date is Rs 699.20 crore

Volatility seen ahead of Dec F&O expiry

HDFC Bank, HDFC and United Spirits in focus in early trades

Jet Airways, SpiceJet, Berger Paints, Srei Infra, Tide Water hit 52-week high

RCom, Petronet LNG, Aurobindo, HFCL and TV Today are among 19 stocks from BSE500 index hit 52-week highs.

Nifty eyes 7,950; BSE Midcap index up 0.5%

At 14:35 pm, the S&P BSE Sensex was up 74 points at 25,108 and Nifty50 gained 12 points at 7,938

CARE surges on MoU with Japanese credit rating agency

CARE has entered into a MoU with Japan Credit Rating Agency

Saregama India rises on Reliance Capital stake buy

Reliance Capital acquired 11,88,000 equity shares of the company at RS 364 per share

Titan eases on mixed consumer response in festive season

Mixed consumer response across categories and lower sales in southern states on account of floods

Educomp Solutions gains as arm to sell land, building

Educomp Infrastructure & School Management Limited has executed agreements to sell one of its land and building to third party.

Nifty holds 7,900 amid range bound trades

At 11:45am, the S&P BSE Sensex up 13 points at 26,048 and Nifty50 down 2 points at 7,920

Suven Life rises on receiving product patents in Europe, Macau

The company has been granted a patent each by Europe and Macau for drug used to treat disorders associated with neurodegenerative diseases

JBF Industries gains on issue of shares at premium to KKR Jupiter Investors

The board has approved issue of 1,63,74,370 fully paid up equity shares of Rs 10/- each on preferential basis to KKR Jupiter Investors Pte Ltd., Singapore, at Rs 300/- per equity share

Pharma shares gain in a flat market; Nifty hovers around 7,930

Pharma shares were among the gainers led by Sun Pharma and Dr Reddy's Labs

Oil marketing companies gain on plans to set up mega refinery

IOC, BPCL and HPCL plan to set up a mega refinery Ratnagiri in coastal Maharashtra