Proposal to issue 12 million convertible equity warrants; approval to be sought during the firm's extraordinary general meeting (EGM) on Oct 30
Here are the views of top four fund managers on the opportunities and the weak spots for the markets
All that happened in Friday's trade
The stock hit its highest level since December 2015 at Rs 1,552, up 5% in intra-day trade, extending its Thursday's 5% gain on the BSE
Jamna Auto, Geojit Financial, Gufic Biosciences, HEG, KRBL, Meghmani Organics, NOCIL and TVS Electronics hit new highs.
Tata Steel, SAIL, JSPL, JSW Steel, Jindal Saw and Jindal Stainless (Hisar) from the S&P BSE500 index were up 2% to 4% at 11:03 am.
Goa Carbon, Deepak Nitrite, Oriental Carbon, Phillips Carbon Black, NOCIL and Ultramarine Pigments hit their respective record highs on the BSE.
Shoppers Stop hit a fresh 52-week high of Rs 552, rallied 9% on BSE in intra-day trade, while Future Retail surged 6% to Rs 559 in early morning trade
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
Stock price has made a double bottom around 800 levels and now is rising with good volumes
Future gets premium retail chain; Shoppers Stop pares debt
Sebi has invited public comments on the report till November 4. Based on the market feedback, it will take a final call on framing a new governance code
The hearing took place under an English court procedure that allows creditors to get information that could help them enforce a ruling against a debtor's assets
Recommends beefing up Sebi's employee strength
Volume growth in September and rising e-auction premiums improve earnings outlook
In a bid to simplify this structure, the government had amended Section 9 of the Income-Tax Act underlying 13 conditions
The stock ended at Rs 692.50, down 1.37% from its previous close on BSE
The bulls might have fresh scope to add to their positions: India's central bank on Wednesday announced it's going to review, together with the government
Also, only 37.21% Indian government bonds underperformed the index
Strong volumes in recent months and cost-cutting in standalone business, with margin improvement in JLR, could lead to a re-rating