Markets ended at record highs on hopes that the exit polls would show that the BJP winning majority in the general elections
The volatility index is up 3.6%, adding to Tuesday's surge of 9.9%
According to a report by Prime Database, Indian companies garnered Rs 42,383 crore in 2013-14 from 20 institutions
Markets continue to touch record highs on hopes that the exit polls would show BJP winning a majority in the general elections
RIL, ITC and HDFC twins among the top gainers
PSU banks such as SBI, PNB, Oriental Bank, BOI, Dena Bank and BOB, on the other hand, are currently trading 20-60% off their all-time highs.
Elections are set to conclude on Monday, with exit polls from media organisations to be released starting after 6:30 p.m. Actual results will be out on Friday
The company plans to raise up to Rs 150 crore to fund various business operations and repay existing loans.
The standalone net profit for March quarter dropped nearly 76% to Rs 5.63 crore
The stock has dipped 5% to Rs 285 after reporting a sharp 88% yoy decline in net profit at Rs 41.5 crore for Q4FY14.
RIL, banks are the star performers in this session.
Last week, the company said it has bagged an Rs 2,300 crore road project in Haryana from NHAI.
The stock hits record high of Rs 689 on NSE after reporting 119% yoy jump in consolidated net profit at Rs 244 crore for Q4FY14.
Reliance Industries has surged over 5% to Rs 1,048, its highest level since April 2011 on the BSE.
Index bellweather RIL and banking stocks are calling the shots in this session.
The stock is down 0.45% at Rs 2,772 on the NSE as against 1.5% rise in benchmark CNX Nifty.
Markets likely to open higher but further gains may be capped on profit taking after recent gains
A big volatility in the equities markets is expected on Tuesday, a day after the exit poll projections will be announced
Shares of blue-chip firms like Reliance Industries, Reliance Power and TCS appear to be favourite among the rich and the powerful