Sep 14

Stock in News on Thursday; Stock to watch out, Best Stock Tips

Stocks of Oil companies such as IOC, BPCL, and HCPL rallied up to 5% percent in morning trade, Thursday, after the govt ruled out its interference in daily revision in oil prices and cut in excise duty.
The share price of Thermax Ltd gained 3.55 intraday Thursday on the back of first EPC order in the GCC region.

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Sep 06

Live Market Update: Best Stock Tips on Indian Stock Market Bajaj Finance Ltd launches Rs. 4,500 crore QIP

Bajaj Finance Ltd has launched a Rs. 4,500 crore QIP fundraising, at the floor price of Rs.1,777.9 per share to set a new record this year.
Qualified Institutional Placement (QIP) is a fund raising tool by which listed firms can sell equity shares, fully & partly convertible debentures that are convertible into stocks to a qualified institutional buyer. The company has set a floor price of Rs 1,777.9 per share for the share sale and is offering a discount of up to 5 percent on the floor price.

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Apr 07

Live Market Update: Nifty Around 9250; Sun Pharma Down By 2%

Shares of Reliance Communications fell nearly 3 percent intraday as investors turned cautious of reports of operational trouble in the firm. The company has also not been making payments to vendors and other telecomm companies on time. Vendors claim that Reliance Communications has not been paying interconnect usage charges to some of them for more than two months.

Benchmark indices NSE Nifty trading at 9241 levels, down by 20 points or 0.19%. BSE Sensex opened at 29,861 levels, down by 65 points or 0.20%. While BSE Small Cap gained 59 points at 14809 whereas BSE Mid-Cap hiked 41 points at 14318.