Adani Group shares will be in focus as the group is in initial talks to raise close to Rs 9,000 crore of overseas bonds
The Sensex is quoting at 24,445, higher by 85 points and the Nifty is at 7,282, up 19 points.
Metals and IT stocks are seeing buying action this morning.
Q4FY14 net profit down 23.7% yoy at Rs 24.95 crore due to higher raw material and employee costs.
Unity Infra, Lanco Infra, IL&FS Engg, Unitech, Oberoi Realty, HDIL and Kolte Patil have rallied more than 10% each.
ADRs of HDFC Bank trading at double digit premium to local shares
The stock has surged 5% to Rs 273 after reporting 44% yoy jump in net profit at Rs 35.55 crore for Q4FY14.
Check out the technical trends in select index stocks with Ranak Merchant, technical analyst-strategies, Sushil Finance
Consumer durables stocks seem to be on the investors' radar on hopes of an uptick in demand
Markets continued to trade flat as gains in IT shares were offset by losses in oil shares
In past three trading sessions, the index has rallied 10% as against 2% rise in benchmark index
The stock has surged 11% to Rs 339 on the back of heavy volumes.
Stock has gained on talks of capital infusion in an effort to reduce debt and strengthen balance sheet
The market breadth in BSE remains firm with 1,961 shares advancing and 783 shares declining
In the last two trading sessions, the mid- and small-cap indices outperformed the market, surging 6% and 7%, respectively, compared with a 2% rise in Sensex
Goldman Sachs increases its 12-month Nifty target from 7,600 to 8,300, implying a 14% upside from current levels
Though the Sensex kissed 25,000 on Friday, analysts are not seeing farther than 30,000 by the year-end. They seem bound by 'cautious optimism', a legacy of the crisis years. Does the 56-inch chest h
Over 91% of NSE and 83%of BSE listed firms recorded lower profits than the exchanges they are listed nn