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Sandip Das

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D-Street Buzz: Over 200 stocks hit lower circuit on BSE; Vodafone Idea, BHEL, SBI, Tata Motors most active

BUSINESS

D-Street Buzz: Over 200 stocks hit lower circuit on BSE; Vodafone Idea, BHEL, SBI, Tata Motors most active

227 stocks hit lower circuit on BSE including names like Graphite India, Siti Networks, Khadim India, Thomas Cook, Price Pipes, Tourism Finance, JBF Industries, Delta Corp, McNally Bharat, V2 Retail, Titagarh Wagons and Reliance Capial among others.

D-Street Buzz: Oil & gas stocks slip led by GAIL India, BPCL; HOEC down 5%

BUSINESS

D-Street Buzz: Oil & gas stocks slip led by GAIL India, BPCL; HOEC down 5%

GAIL India and BPCL shed almost 2 percent each followed by Reliance Industries which was down over a percent while Indian Oil Corporation, HPCL and ONGC also came under pressure.

IndusInd Bank shares rally 12% in 2 days on promoter stake purchase buzz

BUSINESS

IndusInd Bank shares rally 12% in 2 days on promoter stake purchase buzz

The promoters, IndusInd International Holdings Ltd. and IndusInd Ltd., presently hold 14.68 percent of the paid-up share capital of the bank.

D-Street Buzz: Nifty Pharma outperforms led by Sun Pharma; Dr Reddy's Labs up 3%

BUSINESS

D-Street Buzz: Nifty Pharma outperforms led by Sun Pharma; Dr Reddy's Labs up 3%

Experts feel that the current environment is more conducive for the Pharma sector and the rally is likely to continue.

PVR share price down 2% a day after reporting Q4 loss of Rs 74 crore

BUSINESS

PVR share price down 2% a day after reporting Q4 loss of Rs 74 crore

The company has reported a consolidated net loss of Rs 74.61 crore for the March quarter.

Sun Pharma share price jumps 3% as CLSA maintains buy

BUSINESS

Sun Pharma share price jumps 3% as CLSA maintains buy

CLSA is of the view that Sun Pharma's EBITDA contribution of specialty is likely to rise to 15 percent from nil by FY22 while specialty business in US comprising of nine products is at an inflexion point.

Inox Leisure shares down 5% on Q4 loss of Rs 82 crore

BUSINESS

Inox Leisure shares down 5% on Q4 loss of Rs 82 crore

The advent of COVID-19 has left a serious mark on our fourth quarter performance and will remain a cause of concern in the subsequent months as well, said Inox Group Director Siddharth Jain.

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 35 points gain.

D-Street Buzz: Auto stocks trade mixed; Ashok Leyland hits upper circuit, Exide tumbles

BUSINESS

D-Street Buzz: Auto stocks trade mixed; Ashok Leyland hits upper circuit, Exide tumbles

Ashok Leyland witnessed spurt in volume by more than 2.63 times and was trading with volumes of 5,398,839 shares, compared to its five day average of 2,414,987 shares, an increase of 123.56 percent.

D-Street Buzz: Telecom stocks rise; Vodafone Idea, MTNL hit upper circuit on BSE

BUSINESS

D-Street Buzz: Telecom stocks rise; Vodafone Idea, MTNL hit upper circuit on BSE

Among the sectors, BSE Telecom index was up almost 2 percent with telecom major Vodafone Idea jumping over 13 percent hitting upper circuit of Rs 12.09 per share.

D-Street Buzz: Banks, oil & gas stocks gain as first phase of 'Unlock India' begins; SBI, Tata Motors most active

BUSINESS

D-Street Buzz: Banks, oil & gas stocks gain as first phase of 'Unlock India' begins; SBI, Tata Motors most active

The top Sensex gainers included IndusInd Bank, Bajaj Finance, Axis Bank, Hero MotoCorp and ONGC while the top losers included Bharti Airtel, Nestle India and Sun Pharma.

IndusInd Bank promoters to buy additional shares; share price jumps 7%

BUSINESS

IndusInd Bank promoters to buy additional shares; share price jumps 7%

The promoters will now purchase additional shares from the open market within the overall regulatory limit prescribed for promoter equity holding cap, the bank said citing the communication received from promoters.

What changed for the market while you were sleeping? Top 15 things to know

BUSINESS

What changed for the market while you were sleeping? Top 15 things to know

Trends on SGX Nifty indicate a gap up opening for the index in India with a 139 points gain.

Trade Setup for Monday: Top 15 things to know before Opening Bell

BUSINESS

Trade Setup for Monday: Top 15 things to know before Opening Bell

According to pivot charts, the key support level for Nifty is placed at 10,062.73 followed by 9,983.27. If the index moves up, key resistance levels to watch out for are 10,199.73 and 10,257.27.

Auto index gains, Tata Motors ends 13% higher in share price

BUSINESS

Auto index gains, Tata Motors ends 13% higher in share price

It traded with volumes of 8,649,199 shares, compared to its five day average of 4,295,367 shares, an increase of 101.36 percent.

D-Street Buzz: Nifty Metal jumps 4% led by Tata Steel, SAIL; Bharti Airtel, Tata Motors most active

BUSINESS

D-Street Buzz: Nifty Metal jumps 4% led by Tata Steel, SAIL; Bharti Airtel, Tata Motors most active

The top gainers included Tata Steel, ONGC, State Bank of India, Sun Pharma and Power Grid while the top losers included TCS, Bajaj Auto, Hindustan Unilever, Infosys and Hero MotoCorp.

Hexaware Tech shares hit 20% upper circuit as company proposes delisting

BUSINESS

Hexaware Tech shares hit 20% upper circuit as company proposes delisting

HT Global IT Solutions presently holds 186,318,590 equity shares of the company of a face value of Rs 2 each representing 62.4 percent of the paid-up equity share capital of the company as on March 31

SBI share price jumps 3% ahead of its March quarter results

BUSINESS

SBI share price jumps 3% ahead of its March quarter results

SBI is likely to report healthy growth in March quarter profit, boosted by stake sale in SBI Cards through IPO, recovery from some NPA accounts and lower tax cost.

DLF share price falls 3% as it posts Q4 net loss of Rs 1,860 crore

BUSINESS

DLF share price falls 3% as it posts Q4 net loss of Rs 1,860 crore

The management said the novel coronavirus pandemic had led to an industry-wide short-term recalibration of demand and expects some semblance of normalcy to return by the December quarter.

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 15 points gain.

D-Street Buzz: Nifty Pharma gains led by Biocon; Lupin; volumes of Sun Pharma, Aurobindo Pharma rise

BUSINESS

D-Street Buzz: Nifty Pharma gains led by Biocon; Lupin; volumes of Sun Pharma, Aurobindo Pharma rise

Among the sectors, Nifty Pharma added over a percent led by Sun Pharma, Biocon, Lupin and Torrent Pharma which gained 2 percent each followed by Aurobindo Pharma, Cipla, Divis Labs and Dr Reddy's Labs among others.

JSPL shares up 2% on rise in monthly volumes; Morgan Stanley maintains overweight call

BUSINESS

JSPL shares up 2% on rise in monthly volumes; Morgan Stanley maintains overweight call

JSPL has recorded consolidated steel sales of 7,97,000 tonne which is a growth of 26 percent as compared to sales of 631,000 tonne during the same period in the previous year.

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 61 points gain.

D-Street Buzz: BSE Oil & Gas up over 2 percent led by Petronet LNG, IGL; BPCL, ONGC gain 3% each

BUSINESS

D-Street Buzz: BSE Oil & Gas up over 2 percent led by Petronet LNG, IGL; BPCL, ONGC gain 3% each

BSE Oil & Gas jumped over 2 percent led by Petronet LNG, Indraprastha Gas, IOC, ONGC and Gujarat State Petronet.

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