The Mumbai metro project order is about 45% of the company's order book at the start of the year
Faster-than-expected loan growth could lift valuations for bank
While the US central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives
The Nifty 50 Index was up 0.54%, or 59 points, to 10,967
While there is a need for dual-class shares in India, previous issuances are languishing
Based on a quick run on the NSE 500 index, the following stocks have crossed the 50 mark (RSI) as per their chart patterns and could move up further, the chart pattern suggests
The Nifty PSU Bank index ended 2.9 per cent higher led by Vijaya Bank and Bank of India after TV reports suggested that Allahabad Bank, Bank of India and Bank of Maharashtra may come out of PCA soon
Oil has proved to be the biggest bugbear for Indian assets given the repercussions it carries for the nation's finances and inflation
In past one week, Capital First and IDFC Bank have rallied 15% each after the NCLT approved their merger.
The impact on shorter maturities builds over time and the peak impact occurs with a lag of around six months
Avenue Supermarts, which owns and operates D-Mart supermarket chain, Nestle India, Bata India and Colgate-Palmolive (India) hit new highs on Wednesday.
Ambuja Cement, Shree Cement, Ramco Cement, ACC, JK Cement, JK Lakshmi Cement and Ultratech Cement were up 2% to 3%, as compared to 0.32% rise in the S&P BSE Sensex.
The stock of Oriental Bank on the weekly chart has formed "Inverse Head & Shoulder" with neckline in the range Rs 98 - Rs 99.
Shares of RCom fell as much as 12 per cent to Rs 13.77 apiece on BSE after a news report suggested that the DoT has told RCom and Reliance Jio Infocomm that it can't approve their spectrum deal
The Federal Reserve is widely expected to raise interest rates for the fourth time this year
SBI, PNB, Bank of Baroda, Bajaj Finance, Indiabulls Housing, Manappuram Finance, DHFL, Bajaj Finserv and M&M Financial were up in the range of 2% to 5%.
SpiceJet, Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) rose up to 5 per cent on the BSE in early trade.
The stock surged 10% to Rs 152 on Wednesday, extending its previous day's 20% rally on BSE.
The domestic unit on Tuesday rallied by a whopping 112 paise, its best single-day gain in over five years, to settle at 70.44 against the US dollar.
Here's a look at the top stocks that may remain in focus in today's session -