The Indian regulator's requests for bank account statements and other documents of individuals and firms allegedly involved in the GDR scheme are yet to get any reply
India among few countries, which does not tax long-term gains on equities and the stock gains also get a preferential treatment
Analysts say there is a scope for further improvement in margins driven by a higher employee utilisation
With recent price hikes, margins should recover
The industry index has certainly outperformed the broader market in the past month or so. The Nifty IT Index is up by about 13% in the past 30 days while the Nifty is up by about 5%
The strong performance in Q3 and cost efficiencies have led to revision of operating profit estimates and target prices
Check if you are on the best possible loan rate and also make part prepayment to counter the rise in interest rate
Asian peers such as Taiwan and South Korea are attracting more FII flows than India
Investors in a dilemma over whether to invest more or to take-profits; Trading, leveraged bets should be off the table now, say experts
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The stock was up 4% to Rs 208, extending its Monday's 3% gain on BSE, trading close to its 52-week high of Rs 212 touched on January 31, 2017 in intra-day trade.
The stock locked upper circuit of 20% at Rs 863, also its all-time high on BSE, after the company reported four-fold jump in net profit at Rs 142 million in December 2017 quarter.
RIL, Tata Steel, Maruti Suzuki, Hindustan Unilever, HDFC Bank, Bharti Airtel, Adani Ports, ICICI Bank, L&T and HDFC were up over 50% against 33% rise in Sensex during past one year.
The stock was up 4% to Rs 399 in intra-day trade after the company announced that the board may consider issue of bonus shares in meeting scheduled on January 30, 2018.
Jet Airways (India), InterGlobe Aviation (which run IndiGo) and SpiceJet were up 2% to 5% on BSE in intra-day trade.
The Sensex hit new high of 36,052 in intra-day trade today, rallied 2,999 points or 9% from 33,053 levels on December 13, 2017
, Aditi Singh of Ambit Capital suggests that the ongoing bull-run could be in the final stages of the rally seen since September 2013 when Raghuram Rajan took over as the RBI governor
The stock surged 12% to Rs 535 on BSE in early morning trade after the company announced that it has secured new orders worth of Rs 8.71 billion.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
The findings of the PwC survey come on a day when the rich and powerful are meeting in Davos for the World Economic Forum's annual summit