Tata Steel and Vedanta topped the buying list, up nearly 5 percent. HDFC (up 4.2 percent), HDFC Bank (up 1.6 percent), Tata Motors (up 3.8 percent), LT (up 2 percent) and Axis Bank (up 3.5 percent) were the biggest contributors’ to Sensex rally.
Posts tagged MC
Sensex surges over 350 pts; HDFC, Tata Motors, Axis lead (03-09-2015)
Sensex surges 311 pts, Nifty ends above 7800; banks lead (03-09-2015)
The broader markets rallied more than 1 percent. The market breadth was also strong. About 1703 shares have advanced, 980 shares declined, and 137 shares are unchanged on the BSE.
Buy Indiabulls Real Estate; target of Rs 66: Firstcall (03-09-2015)
Brokerage house Firstcall Research is bullish on Indiabulls Real Estate and has recommended buy rating on the stock with a target price of Rs 66 in its research report dated September 01, 2015.
Buy Coal India; target of Rs 473: Emkay (03-09-2015)
Brokerage house Emkay Global Financial Services is bullish on Coal India and has recommended buy rating on the stock with a target price of Rs 473 in its research report dated August 14, 2015.
Sensex, Nifty hold early gains; Sun Pharma, TCS down (03-09-2015)
Tata Steel, Vedanta, HDFC, Tata Motors and BHEL are top gainers in the Sensex. Among the losers are Lupin, Hero, Sun Pharma, TCS and Infosys.
China dumping steel 25% below local prices: Kalyani Steels (03-09-2015)
R K Goyal, Managing Director, Kalyani Steels, tells CNBC-TV18 the price cut by NMDC is a step in the right direction, and that his company’s capacity utilisation currently is 70 percent
Ambuja Cement up 5%; Nomura upgrades to buy with 22% upside (03-09-2015)
Fundamentally, the brokerage likes Ambuja’s regional exposure, which should help it to capitalise on the pick-up in demand from the infrastructure segment.
See Sensex at 23-24K, Nifty at 7200; like pharma: Ambit Cap (03-09-2015)
On sectoral bets, Gaurav Mehta of Ambit Capital is bullish on the pharma space, specifically Lupin, adding that it is the sector has contributed the least to the current market correction.
Sensex, Nifty, Midcap climb 1%; Ambuja Cements top gainer (03-09-2015)
Ambuja Cements topped the buying list on Nifty, up over 4 percent after Nomura upgraded the stock to buy with target price of Rs 253 per share. It believes cement demand growth in non-south regions is likely to be strong.
Production run rate to increase post monsoons: Coal India (03-09-2015)
Bipin Kumar Saxena, director marketing, Coal India, has a year-end production target at 550 million tonne.