Revival in revenue growth, margin expansion keeping analysts positive
Final value of transaction hinges on whether distribution arrangement is part of deal
Accepts most of the Kotak panel recommendations
India's benchmark S&P BSE Sensex entered its first correction in 15 months last week
The CBI has registered cases for two of the five complaints, relating to branches at Basheerbagh and Guntur
On a weekly basis, the Sensex rose 372.14 points, or 1.14%
A company may present honest accounts, while treating minority shareholders badly
Size of expected infusion into Manipal after Fortis deal dwarfs earlier flow, even with only one exit in India since its entry in 2004
Fortis, operating 31 hospitals, being valued lower than Manipal with 14 hospitals, has not gone well with the Street
Traders keen on liquidity are likely to migrate to NSE, cost conscious ones may move to BSE
Gold eased down from a five-week high to just under $1,340 per ounce
Algo trading includes automated rule-based trading where decision-making is delegated to a computer model
On Wednesday, The S&P BSE Sensex ended at 32,968, down 206 points while the broader Nifty50 index settled at 10,113, down 71 points.
All that happened in the market today
Earnings have recovered steadily over the past two quarters as businesses rebound from the disruptions
The stock continued under pressure for the second day in a row, down 20% at Rs 60.35, trading at its lowest level since July 6, 2015.
Jubilant FoodWorks, Avanti Feeds, Radico Khaitan and V-Mart Retail, HEG, Graphite India and NOCIL from the BSE500 index up more than 100% in FY18.
The stock dipped 11% to Rs 1,858 on the BSE in intra-day trade on back of heavy volumes.
HEG zoomed 12% to Rs 3,515, also its new high, while Graphite India locked in upper circuit of 5% at Rs 814 on the NSE.
The stock dipped 11% to Rs 697 on the BSE after the company said it is expecting a decline in IP revenues in Q4FY18, which will impact revenue and EBITDA margin for the quarter.