Asian Paints and Adani Ports rallied 2 percent each as the Bombay Stock Exchange will add both stocks to Sensex with effect from December 21. Vedanta and Hindalco Industries, which will be removed from the index, fell 3 percent and 4 percent, respectively.
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Nifty ends tad below 7850, Sensex flat; ITC, Hindalco fall (23-11-2015)
GAIL, Hero MotoCorp, Bajaj Auto, Dr Reddy’s Labs and Lupin were top gainers while Hindalco, Vedanta, Tata Steel, ITC and Sun Pharma were losers in the Sensex.
Sensex, Nifty marginally in red; Lupin, BHEL gainers (23-11-2015)
Hero MotoCorp, Bajaj Auto, Dr Reddy’s Labs, Lupin and BHEL are top gainers while Hindalco, Vedanta, ITC, Tata Steel and Cipla are among losers.
Sensex, Nifty volatile; Hero Moto, Bajaj Auto lead gainers (23-11-2015)
Bajaj Auto and Hero Motocorp topped buying list on Sensex, up 2-3 percent while ITC, Hindalco Industries and Vedanta dropped 2-3 percent.
See 10-15% growth going ahead; focus on organic growth: UPL (23-11-2015)
Jai Shroff, CEO, UPL, said Advanta is projected to see healthy growth in the coming years. Both UPL and Advanta have been outperforming industry growth rate
AI raises Rs 7k cr by selling 9 planes; leases them back (23-11-2015)
A major chunk of these funds will go into repayment of the bridge loan availed earlier for purchasing these Boeing 787-800s, airline sources said.
Key to tax holiday is to get SEZ running by Mar ’17: BMR (23-11-2015)
According to CBDT proposal, sunset clauses with regards to tax exemptions will be renewed and no weighted deduction will be allowed for any specified business activity from April 1, 2017 onwards.
Spectrum auction unlikely to be held this fiscal (23-11-2015)
Trai is expected to start public consultation process on spectrum pricing in the coming week. According to official sources, the regulator is likely to give its recommendations by January next year.
Japan govt plans to raise minimum wage to boost economy (23-11-2015)
The government will also offer some financial support to people living off their pensions to bolster consumer spending, a copy of the draft obtained by Reuters showed.