Reliance, Bharti Airtel, Sun Pharma, Infosys and Cipla are top gainers in the Sensex. Among the losers are ONGC, Tata Steel, Tata Motors, LT and Bajaj Auto.
Posts tagged MC
Sensex rises over 150 pts, Nifty above 8250; FMCG IT up (19-10-2015)
Buy DB Corp; target Rs 306: ICICIdirect (19-10-2015)
Brokerage house ICICIdirect is bullish on DB Corp and has recommended buy rating on the stock with a target price of Rs 306, in its research report dated October 16, 2015.
Look before you fly! 10 key things to know about IndiGo IPO (19-10-2015)
It will be interesting to see how IndiGo’s parent IPO performs when much-touted Coffee Day IPO met with a lukewarm response. The initial public offer will open on October 27 and close on October 29, with the allotment for anchor investors scheduled for October 26. Promoter holds 94 percent and which will come down to 82 percent post IPO.
Lanco Infratech up 10%, to get tax refund post SC order (19-10-2015)
Lanco Infratech said it got a favourable order from the Supreme Court on October 16 for its subsidiary Lanco Kondapalli Power (LKPL).
Is Re 1/call compensation best way to nip call drop menace? (19-10-2015)
According to the new rules imposed by Trai, telecom operators will have to compensate its users by paying Re 1 for every call dropped from January 1, 2016, and limiting it to a maximum of three calls dropped per day
Rupee cuts early gains, still up 2 paise vs dollar (19-10-2015)
Earlier, the domestic unit opened higher at 64.77 per dollar as against last Friday’s closing level of 64.81 at the Interbank Foreign Exchange (Forex) market. Later, it fell on fresh dollar demand by importers to Rs 64.85 before quoting at 64.79 at 1030 hours.
ONGC share of Q2 under recovery on kerosene, LPG Rs 600 cr (19-10-2015)
Of the Rs 8000 crore under recovery on kerosene and cooking gas for the September quarter, the government’s share of the subsidy bill is around Rs 7300 crore.
ONGC’s share is seen at approximately Rs 600 crore, and OIL India’s contribution is seen below Rs 100 crore.
Infosys shares gain 2% on acquisition of US company (19-10-2015)
“Infosys today announced a definitive agreement to acquire Noah Consulting LLC, head quartered in Houston, Texas (USA),” the company said in its filing.
Sensex, Nifty consolidate; oil gas, pharma stocks rally (19-10-2015)
Oil gas and pharma stocks are leading while banks, capital goods, metals and autos are struggling. Reliance, Bharti, Sun Pharma, Infosys and Cipla are top gainers in the Sensex. Tata Motors, Tata Steel, ONGC, LT and ICICI Bank are laggards.
Payment banks: Premature to fear or is the threat real? (19-10-2015)
How are small and payment banks going to affect the business of existing small banks? Palaniappan Manickam, CFO, Lakshmi Vilas Bank and Ashvin Parekh, Managing Partner At Ashvin Parekh Advisory Services discuss.