Apollo Tyres, Nestle India, SRF and Steel Strips Wheels too hit their respective record highs in intra-day trade today
Stock price fell 6.3% on Friday before the announcement
Citi cut its target price to Rs 1,240 from Rs 1,600, while Morgan Stanley trimmed it to Rs 1,205 from Rs 1,213
Sebi has launched adjudication proceedings against three rating agencies ICRA, Care Ratings and India Ratings in the ratings assigned to IL&FS and its group firms.
The stock of the mortgage lender touched a fresh record high of Rs 2,327 per share, up 2 per cent intra-day on the BSE, surpassing its previous high of Rs 2,301 touched on July 5.
D-Mart has surged 6% to Rs 1,517, while IndiGo rallied 5% to Rs 1,249 on the BSE in intra-day trade.
InterGlobe Aviation (IndiGo), Jet Airways and SpiceJet were trading in the range of 3% to 5%, as compared to a marginal 0.1% decline in the S&P BSE Sensex at 09:50 AM.
The company's consolidated net profit declined 53% to Rs 93 crore in Q1FY20 against Rs 198 crore in Q4FY19.
During the past week, the airline's stock has rallied 23 per cent as against a per cent rise in the benchmark index.
Here's a look at the top counters that are likely to trade actively in today's session.
This is the second consecutive quarter when the bank has shown a massive hit on the bottomline since the new management under Ravneet Gill took over in March 2019.
Foreign brokerage Morgan Stanley says India's weight in the MSCI Emerging Market (EM) index could increase by 146 basis points (bps) if all these measures are implemented
June quarter earnings, global cues, and stock-specific action are likely to dominate investor sentiment today.
Nifty outlook and top trading ideas by Sacchitanand Uttekar, DVP - Technical (Equity).
Technical calls by Gaurav Garg, Head of Research, CapitalVia Global Research Limited- Investment Advisor
Investors are realising that the B2C market is hyper-competitive and alot of cash is required for building a mass market brand and acquiring customers
These six companies are currently valued at Rs 6,272 crore, 19 per cent higher than the Rs 5,275 crore they collectively raised via IPOs
Last month, the Centre ratified the multilateral instrument (MLI) to prevent base erosion and profit shifting (BEPS)
Stock touched an all-time high; leadership in retail AUMs also augurs well
In a letter to the finance ministry, Tyagi said the proposed move would affect the functioning of Sebi as well as the securities market