Infosys gains over 4% on Nandan Nilekani's return; Nifty IT up nearly 1%
Uploading Date : 28-08-2017Infosys gained as much as 4.4% to Rs 953.5 in the early morning deals after Nandan Nilekani returned at the helm of India’s second-largest software exporter as a non-executive chairman of the company on late Thursday evening. In comparison, the Nifty IT index gained 1% while the benchmark indices were up around 0.4%..............
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Avenue Supermarts surges to hit Rs 1,000 per share
Uploading Date : 24-08-2017Shares of Avenue Supermarts surged 2 per cent to hit a high of Rs 1,000 per share for the first time ever, in Thursday's trade. The stock was trading 1.98 per cent higher at Rs 1,008.70 on BSE. It opened at Rs 993.70 and touched an intraday high and low of Rs 1,018 and Rs 985.60 respectively, in the first hour of trade.............
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Banking stocks live it up, Sensex rises 276 points
Uploading Date : 24-08-2017A late surge in banking stocks, spurred by Cabinet decision on consolidation of public banks, pulled markets higher on Wednesday, as the Sensex closed up 276 points, in line with a firming global trend. The broader Nifty ended on top of 9,800 again.........
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Fortis Healthcare gains 6% after Rekha Jhunjhunwala buys stake
Uploading Date : 23-08-2017Fortis Healthcare gained 6% to Rs 150 on the National Stock Exchange (NSE) in early morning trade after Rekha Jhunjhunwala bought nearly one percentage point stake in the company via open market. On Tuesday, August 22, Rekha Jhunjhunwala, wife of investor Rakesh Jhunjhunwala, bought 4.5 million shares or 0.9% stake in Fortis Healthcare through bulk deal at Rs 134.65 per share, the NSE data showed.................
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Shares of Fortis Healthcare plunge over 7%
Uploading Date : 22-08-2017Shares of Fortis HealthcareBSE -0.98 % plunged over 7 per cent in Tuesday's trade after reports suggested that promoter created pledge on 25.5 lakh shares with Indiabulls Housing Finance on August 14, 2017. Following the development, the stock cracked 7.84 per cent to Rs 132.25 on BSE. It opened at Rs 144.90 and touched an intraday high and low of Rs 144.90 and Rs 125.65 respectively, till around 11.10 am (IST)..........
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Tata Global Beverages hits Rs 200-mark for the first time
Uploading Date : 21-08-2017Shares of Tata Global Beverages hit Rs 200 for the first time ever on Monday. On a year-to-date basis, shares of the company has advanced nearly 60 per cent till date, whereas benchmark BSE Sensex has gained 18 per cent during the same period. The company is reviewing plantation operations of its two associates - Amalgamated Plantation Private Ltd (APPL) and Kanan Devan Hill Plantations Ltd - to make them profitable, according to reports...............
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Market Now: Infy, Hindalco, SBI among most active stocks in terms of volume
Uploading Date : 18-08-2017With 2.65 crore shares, InfosysBSE -10.10 % emerged as most active stock in terms of volume on NSE in morning trade on Friday. It was followed by Hindalco Industries (number of shares traded: 0.50 crore), SBI (0.48 crore) and Vedanta (0.47 crore). Infosys hogged limelight after Vishal Sikka resigned as the MD and CEO of India's second largest IT services firm.............
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Hindalco posts lower-than-expected Q1 net at Rs 290 cr on higher provision
Uploading Date : 12-08-2017Hindalco Industries, the country's largest aluminium producer, on Friday reported a lower-than-expected stand-alone net profit of Rs 290 crore, down 2 per cent year-on-year for the June quarter.............
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