BUSINESS
D-Street Buzz: IT stocks rally; NIIT Tech, Infosys jump 6-8%, TCS, Wipro, HCL Tech gain
S&P BSE IT jumped 5 percent led by Mastek, NIIT Tech, Nucleus Software, Intellect Design, L&T Technology, Mphasis, Oracle Financial Services, Sonata Software and Sasken Tech.
BUSINESS
Sterling & Wilson share price hits 5% upper circuit after US arm bags $99-million solar project
Sterling and Wilson Solar Solutions Inc has been awarded the contract to construct a 194 MW project in the US.
BUSINESS
Endurance Tech share price gains as FY20 profit rises 19%
The company's Q4 net profit declined 34.85% to Rs 71.85 crore as against Rs 110.28 crore during the year-ago period
BUSINESS
Camlin Fine Sciences share hits 10% upper circuit after board nod to Rs 180-crore fund-raise
The funds would be used to consolidate and acquire the entire stake of the company's joint venture partners in Mexico and China.
BUSINESS
Apollo Hospitals gains as Q4 profit zooms 2-fold; Nomura retains buy
The company reported an over two-fold jump in consolidated net profit to Rs 209.60 crore for Q4
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 65 points gain.
BUSINESS
D-Street Buzz: FMCG stocks gain led by ITC, Dabur; Colgate, Godrej Consumer rise
S&P BSE FMCG added a percent with gains from Future Consumer which jumped 5 percent followed by Sanwaria Consumer, Parag Milk, Prabhat Dairy, Dwarikesh Sugar, Venky's, Dalmia Bharat Sugar, ITC and Bombay Burmah Trading.
BUSINESS
Canara Bank share price falls 5% after reporting Q4 loss of Rs 3,259 crore
Net interest income of Canara Bank declined 5.2 percent year-on-year to Rs 3,318.52 crore in Q4FY20.
BUSINESS
Bharti Infratel shares fall 5% after Morgan Stanley remains underweight
Morgan Stanley has maintained its underweight call on the stock with target at Rs 175 per share. The firm is of the view that extension of long-stop date for Indus Towers merger is not a surprise.
BUSINESS
What changed for the market while you were sleeping? Top 10 things to know
Trends on SGX Nifty indicate a gap down opening for the index in India with a 128 points loss.
BUSINESS
D-Street Buzz: Auto stocks mixed; Tata Motors, Hero MotoCorp jump 4% each; Maruti drags
According to Fitch, auto volumes are expected to recover partly in the second half of the ongoing financial year as sales gradually increase after the easing of lockdown measures since May.
BUSINESS
JMC Projects share price surges 16% after bagging orders worth Rs 938 crore
JMC Projects said it has secured orders worth Rs 938 crore, which includes Water Supply Projects in Uttar Pradesh totalling Rs 841 crore and Building Project in South India totalling Rs 97 crore, the company said in a filing to the exchanges.
BUSINESS
BoB jumps 6% after reporting Q4 profit of Rs 506 crore; Morgan Stanley remains underweight
The bank reported it is in the black in Q4FY20 as it reported a profit of Rs 506.6 crore for the quarter
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 37 points loss.
BUSINESS
L&T share jumps 5% after construction arm bags order from NHAI
The Transportation Infrastructure business has secured an EPC contract to construct Packages 11 and 22 of the Delhi Vadodara Expressway, which when completed will be the country's longest expressway of NHAI.
BUSINESS
Info Edge shares jump 5%, Board approves raising funds via QIP
The board of directors of Info Edge (India) approved raising of funds through issue of equity shares of face value of Rs 10 each of the company by way of Qualified Institutions Placement.
BUSINESS
D-Street Buzz: Media stocks rise led by DB Corp, Network18, Dish TV; Zee Ent up 3%
Network18 added 5 percent followed by Dish TV, Zee Entertainment and Inox Leisure.
BUSINESS
D-Street Buzz: Pharma stocks rally; Glenmark zooms 35%, Cipla, Sun Pharma, Biocon gain
Cipla jumped over 4 percent after the country's drug regulator on June 20 gave permission to Hetero and Cipla to manufacture and market antiviral drug remdesivir while Lupin, Sun Pharma, Torrent Pharma, Biocon and Divis Labs were the other gainers.
BUSINESS
D-Street Buzz: Metals trade mixed; NMDC, Coal India rise 2-4%, Hindalco, JSPL drag
Metal index was up a percent led by NMDC, Hindustan Zinc and Coal India which gained 2-4 percent each.
BUSINESS
Indiabulls Housing hits upper circuit after Morgan Stanley buys stock in bulk deal
The stock surged over 160 percent in the last 3 months
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 48 points loss.
BUSINESS
D-Street Buzz: Oil & gas stocks gain; RIL surges 6%, hits record high, BPCL, GAIL, ONGC rise
Reliance Industries which jumped over 6 percent hitting record high of Rs 1,788.80 per share. The company has hit market cap of Rs 11,000 crore in the process.
BUSINESS
D-Street Buzz: Tata Motors jumps 5% despite Moody's downgrade; Ashok Leyland gains
Share price of Tata Motors jumped over 5 percent despite Moody's downgrade. It was one of the most active stocks on NSE in terms of volumes with 10,20,34,311 shares being traded.
BUSINESS
D-Street Buzz: Realty stocks rally led by DLF, Godrej Properties, Indiabulls Real Estate
The top gainers included DLF, Godrej Properties, Indiabulls Real Estate and Phoenix Mills which gained 4- 6 percent followed by Oberoi Realty, Sobha, Sunteck Realty and Brigade Enterprises.
