Skip to main content

Market News - GMR Infra gains, United Breweries Jumps 9% , Bank stocks rally

GMR Infra gains- GMR Infra At Near Seven-Month High as much as 9.8 per cent to Rs 21.35, its highest level since Sept. 03, 2018. The company announced that a consortium of a Tata Group company, Singapore's sovereign wealth fund GIC and SSG Capital Management have agreed to invest around Rs 8,000 crore in its airports business.


Bank stocks rally helps Nifty Bank to touch a fresh record high of 30,100 - A rally in blue-chip bank scrips led by IndusInd Bank helped the Nifty Bank index surge past the previous high of 30,008-mark. IndusInd Bank shares are trading 4% higher at Rs 1779 on NSE, while Yes Bank shares are higher by 2.5% to Rs 260. RBL, Bank of Baroda, IDFC, Axis Bank, HDFC Bank all touched their respective 52-week highs. 

Sheela Foam At Over 20-Month Low- Shares of the Ghaziabad-based foam maker fell as much as 7.5 percent to Rs 1,206, the lowest since July 2017. The promoters said they will sell 42.3 lakh shares or 8.68 percent of equity capital of the company with an over-subscription option of another 2 percent stake. 

Rupee declines 13 paise against US dollar in early trade - The rupee opened 13 paise lower at 68.99 against the US dollar on Wednesday amid mixed global cues. 

Mindtree: Shares of IT major Mindtree will assume focus, after the board decided against share buyback, amid hostile takeover battle with L&T. L&T shares will also be in focus after engineering giant made an open offer for Mindtree shares to pick up 5.13 crore shares for uptown Rs 980. 

United Breweries Gains After Block Deal - Shares of United Breweries rose as much as 8.7 per cent, the most since Feb. 05, 2018, to Rs 1,464.65. About 74 lakh shares of the company changed hands in a block deal.

Jet Airways assures govt won’t ground any more planes; will add 40 more by April end - Crisis-ridden Jet Airways has assured the government that no additional planes would be grounded in the coming days, adding 40 more aircraft would fly by the April-end. 


Share Market | GMR Infra Shares | Bank Stocks | Sheela Foam | MindTree


Labels:

Comments

  1. Best earning platform 10 July 2019 at 21:34

    2.0 FULL MOVIE IN 720 HQ CLEAR AUDIO
    2.0 FULL MOVIE IN HQ CLEAR AUDIO Download From Google Drive 2.44 GB

    Watch now see and enjoy:

    Click here : 2.0 FULL MOVIE Watch now



    Click here : up-4.net Movie Watch now


    Click here : Mediafire Movie Watch now

    Click here : Mediafire Movie Watch now

    Click here : Full Movie Link : Download

    Click here : up-4.net : Download

    Click here : Mediafire : Download

    ReplyDelete

Post a Comment

Popular posts from this blog

Stock Market Update - Avanti Feeds Gains, Tata Group Stocks Trade Mixed

Orient Electric Halts Two-Day Gaining Streak, Shares Fall 6% Shares of Orient Electric fell as much as 5.7 percent to Rs 184.05, halting a two-day gaining streak. The stock advanced 21 percent in the past 12 months compared to a 14 percent gain in the Sensex. Tata Group Stocks Trade Mixed After NCLAT Order Shares of the Tata Group companies traded mixed after the National Company Law Appellate Tribunal ruled that his dismissal as chairman of Tata Sons Ltd. was illegal. While restoring him to his original position as executive chairman of the Tata Group’s holding company, the NCLAT held that the resolution by Tata Sons board removing Mistry was illegal. Essel Propack Surges 16% To Record High Shares of Essel Propack rose as much as 16 percent, the most since Jan. 28, 2019, to hit an all-time high at Rs 175.45. Trading volume was more than seven times its 20-day average, Bloomberg data showed.  The Relative Strength Index was above 70, indicating that the stock may...
4 comments
Read more

Stock Market News - Yellow metal hits fresh record high as Iran attacks US forces

On the MCX, gold contracts for February were trading higher by Rs 562, or 1.38 percent, at Rs 41,225 per 10 gram at 0920 hours. It hit a record high of 42,278 per 10 gm. India Gold February futures hit a fresh record high on January 8 tracking gains in international spot prices which surged past $1,600 an ounce mark after Iran fired rockets at Iraqi airbase which hosts US forces that triggered risk-off sentiment. Spot prices hit their highest since March 2013 at $1,610.90 earlier in the session. US gold futures rose 2 percent to $1,605.80. “The jump in the price of what’s viewed by investors as a safer asset in times of political and economic uncertainty came after Iran’s missile attack on US-led forces in Iraq early on Wednesday,” said a Reuters report. “The attack came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider conflict in the Middle-East,” it said. On the MCX, gold contracts for February were trading...
4 comments
Read more

Share market updates: Sensex falls 200 points, Nifty open lower at 10,850;Eicher Motors down 5%

Share market LIVE: The benchmark equity indices – Sensex and Nifty – opened on a lower note Wednesday even as the domestic markets rallied yesterday. The S&P BSE Sensex Index declined 0.6% intraday to 36,035.78 and the NSE Nifty 50 Index fell 0.38 percent to trade near 10,850. IT stocks — Tech Mahindra (1.13%) and Wipro (1.09%) — are the major gainers today. Eicher Motors leads the index losers list with a loss of 5.63%. Coal India, TATA Motors, Jet Airways, NMDC, LIC Housing Finance, Power Grid, and Glenmark Pharma are among the major stocks that will remain in focus throughout the day. Bharti Airtel share price ended the session 2.7% higher to 312.55, while HDFC share price gained by more than 1.9% to Rs 2,008. Yes, Bank share price zoomed more than 2% to hit the day’s high at Rs 185.90. Eicher Motors Worst Performer On Nifty After December Sales Fall 13%. Shares of Eicher Motors fell as much as 5.8 per cent, the most in over two months, to Rs 21,860. The comp...
Post a Comment
Read more