So far, Depository Participants were automatically providing such investors physical annual statements
BEML, Ceat, VST Tillers, HCC, SRF, Sintex Ind, Avanti Feeds, Ahmednagar Forgings, Astra Microwave and JK Lakshmi Cement have rallied over 300% during the period.
Probe so far has suggested that foreign funds could have abused a lacuna in the disclosure-based regulatory regime to make illicit gains
However, IT stocks fell on weak growth forecast by Gartner
At 1525 hours, a combined 1.36 million shares changed hands and there are pending buy orders for around one million shares on BSE and NSE.
Sterlite Technologies surged 5% after securing an order worth Rs 2500 crore from Bharat Sanchar Nigam in order to supply optic fibre cables
However, profit taking in HDFC and IT heavyweights cap gains in noon trades
Check out the F&O trends in select stocks with Chandan Taparia, Derivative Analyst, Anand Rathi
NHC Foods surged 6.25 to Rs 43.5 on the BSE after it received a very large order from China worth Rs 50 crores
Bharat Heavy Electricals surged 1.08% to Rs 253 on the BSE after the company successfully installed a 250 megawatts thermal unit in Rajasthan.
Investors booked profits at higher levels after sharp gains on Monday
Lavasa Corporation filed its draft red herring prospectus with SEBI to raise up to Rs 750 crore via IPO.
The BSE Midcap was in line with the largecap counterparts and was up 0.4%, whereas the smallcap index outshined and was up 1.0%
Motherson Sumi, Bharat Forge, Maruti Suzuki, M&M, Apollo Tyres, Tata Motors and Cummins India are up 2-8% on BSE.
Overseas investors bought Indian shares worth $214.42 million on Monday
The market breadth in BSE remains positive with 1,573 shares advancing and 786 shares declining
CLSA has upgraded the stock to buy from sell rating with a target price of Rs 215.
Spreadtrum has been directed to pay US $31.7 million within 30 days, towards loyalties and interest on unpaid loyalties.
The committee approved to raise up to Rs 263 crore by issuing Cumulative Compulsorily Redeemable Preference Shares on private placement basis.
Main gainers on the Sensex are Hindalco, Maruti Suzuki, Coal India, ONGC and Sesa Sterlite