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Sandip Das

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Federal Bank share price jump 4% after June quarter results; Citi initiates buy

BUSINESS

Federal Bank share price jump 4% after June quarter results; Citi initiates buy

The lender's interest income rose to Rs 3,444.15 crore in the June quarter compared with Rs 3,229.30 crore a year ago.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a flat opening for the index in India with a 24 points loss.

Yes Bank shares jump 3% on raising Rs 4,098 cr from anchor investors

BUSINESS

Yes Bank shares jump 3% on raising Rs 4,098 cr from anchor investors

The private sector lender has garnered Rs 4,098 crore from anchor investors on July 14. All 12 anchor investors placed their bids for 3,41,53,84,614 equity shares at the lower end of price band of Rs 12-13 per share.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 85 points gain.

BF Utilities shares hit upper circuit after Radhakishan Damani buys 1.3% stake

BUSINESS

BF Utilities shares hit upper circuit after Radhakishan Damani buys 1.3% stake

Ace investor and billionaire Radhakishan Damani acquired 4.91 lakh equity shares, in Kalyani group company BF Utilities during the quarter-ended June 30.

Bank, financial stocks tumble; RBL Bank, IndusInd Bank shed 4-5% each, SBI, BoB slip

BUSINESS

Bank, financial stocks tumble; RBL Bank, IndusInd Bank shed 4-5% each, SBI, BoB slip

Bank Nifty shed 2 percent dragged by RBL Bank which shed over 5 percent followed by Bank of Baroda, IndusInd Bank and Bandhan Bank which were down over 3 percent each.

HDFC Bank probes auto loan practices; stock down 2%

BUSINESS

HDFC Bank probes auto loan practices; stock down 2%

The allegations pertain largely to the professional conduct which raises issues about possible conflicts of interest, sources said, stressing the quality of the bank's auto loan book is strong.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the index in India with a loss of 46 points.

Sadbhav Engineering shares hit upper circuit on CLSA buy call

BUSINESS

Sadbhav Engineering shares hit upper circuit on CLSA buy call

It was trading with volumes of 214,254 shares, compared to its five day average of 180,725 shares, an increase of 18.55 percent.

CLSA retains underperform call on Tata Motors; shares up 2%

BUSINESS

CLSA retains underperform call on Tata Motors; shares up 2%

CLSA is of the view that JLR Q1 wholesale volumes were higher than expected with JLR Q1 global wholesales at 65,400 units against expectation of 54,500 units. It has increased Q1 revenue forecast for JLR by 12 percent.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 45-point gain.

Gainers & Losers: 10 stocks that moved the most on July 10

BUSINESS

Gainers & Losers: 10 stocks that moved the most on July 10

Mixed trend on the sectoral front, with pharma, energy and FMCG sectors ending higher while bank, metal and auto remained under pressure.

Tejas Networks shares hit upper circuit third day in day row; what should investors do?

BUSINESS

Tejas Networks shares hit upper circuit third day in day row; what should investors do?

Price action suggests that the stock is likely to extend the rally towards its 200-day SMA placed at 63-odd level, says Vinay Rajani of HDFC Securities.

Pharma stocks gain led by Sun Pharma, Biocon; Aurobindo Pharma hits new 52-week high

BUSINESS

Pharma stocks gain led by Sun Pharma, Biocon; Aurobindo Pharma hits new 52-week high

Cipla, Dr Reddy's Labs, Divis Labs and Torrent Pharma added 1-2 percent each.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a negative opening for the index in India with a 41-point loss.

D-Street Buzz: Metal stocks shine led by Hindalco, SAIL; Tata Steel, Vedanta, JSPL rise 3%

BUSINESS

D-Street Buzz: Metal stocks shine led by Hindalco, SAIL; Tata Steel, Vedanta, JSPL rise 3%

Hindalco Industries, Jindal Steel & Power and Steel Authority of India jumped 4 percent each followed by Tata Steel, Vedanta, NALCO and Hindustan Copper.

Tejas Networks share price hits 5% upper circuit after Kedia Securities buys stake

BUSINESS

Tejas Networks share price hits 5% upper circuit after Kedia Securities buys stake

Kedia Securities bought 7,53,925 equity shares in Tejas at Rs 49.13 per share, bulk deals data available on the National Stock Exchange shows.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with 50 points gain.

D-Street Buzz: Pharma stocks gain led by Aurobindo Pharma; Dr Reddy's labs, Aarti Drugs gain 3-4%

BUSINESS

D-Street Buzz: Pharma stocks gain led by Aurobindo Pharma; Dr Reddy's labs, Aarti Drugs gain 3-4%

Pharma index gained over a percent led by Aurobindo Pharma which gained over 3 percent followed by Dr Reddy's Labs and Alkem Labs which were up 2 percent each.

GMR Infra share price gains after closing stake-sale deal with Groupe ADP

BUSINESS

GMR Infra share price gains after closing stake-sale deal with Groupe ADP

Groupe ADP infused Rs 4,565 crore, the second tranche of investment, in GMR Airports Limited to conclude the deal to pick up a 49 percent stake in the company.

Kamat Hotels stock surges almost 40% in 2 days after Merlin Marketing acquires 3.5 lakh shares

BUSINESS

Kamat Hotels stock surges almost 40% in 2 days after Merlin Marketing acquires 3.5 lakh shares

Merlin Marketing Pvt has acquired 3.5 lakh equity shares of Kamat Hotels India (representing 1.48 percent of its total paid-up equity capital) at Rs 34.76 per share.

What changed for the market while you were sleeping? Top 10 things to know

BUSINESS

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with 27 points gain.

Bandhan Bank share price gains after deposit grow 35% YoY

BUSINESS

Bandhan Bank share price gains after deposit grow 35% YoY

Total advances grew 3 percent QoQ and 18 percent YoY to Rs74,325 crore in June, the private lender has said.

Camlin Fine Sciences shares jump 8% after Infinity Holdings buys stake

BUSINESS

Camlin Fine Sciences shares jump 8% after Infinity Holdings buys stake

Infinity Holdings bought 6,63,586 equity shares in Camlin Fine at Rs 56 per share, bulk deals data on the National Stock Exchange showed.

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