Skip to main content

Stock Market News - Eris Lifesciences Gains, Ashoka Buildcon rises 12%

Eris Lifesciences Gains After large Trade Shares of Eris Lifesciences rose as much as 5.4 percent to Rs 437. About 38.2 lakh shares of the company changed hands in a large trade, Bloomberg data showed. 

Buyers and sellers were not known immediately. Of the shares traded 57 percent were at the asking price and 28 percent were at the bid, according to Bloomberg data. The stock was the second-best performer on NSE Nifty 500 Index.

Safari Industries Gains After Ashish Kacholia Buys Stake Shares of Safari Industries rose as much as 3.5 percent to Rs 574. Well-known investor Ashish Kacholia acquired 2.18 lakh shares or 0.98 percent equity at Rs 550 each. 


Besides, Saif India Holdings acquired 5.78 lakh shares or 2.59 percent equity at Rs 540 each. Meanwhile, Tano India Private Equity Fund sold 10.7 lakh shares.

Ashoka Buildcon rises 12% on LoA from NHAI: ​Ashoka Buildcon share price rose 12 percent on November 25 after the company received a Letter of Award (LoA) from NHAI for the project of 4 laning of NH-161 from Kandi to Ramsanpalle in the State of Telangana under Bharatmala Pariyojna on hybrid annuity model.

TOP GAINERS & LOSERS - 

Bharti Infratel, Bharti Airtel, Titan, UltraTech Cement, Infosys, RIL, Vedanta, Tata Steel, and JSW Steel are among major gainers on the Indices, while losers are Zee Entertainment, ONGC, BPCL, and Tata Motors.
All the sectoral indices are trading higher led by the metal, infra and IT.

Rupee Opens: The Indian rupee opened marginally higher at 71.69 per dollar on Monday versus Friday's close 71.71 per dollar.

eClerx Services Surges On Heavy Volumes Shares of eClerx Services rose as much as 9.3 percent to Rs 9.3 percent. The stock had closed 19.7 percent higher on Friday. Trading volume was more than 150 times its 20-day average, Bloomberg data showed. 

The Relative Strength Index was above 70, indicating that the stock may be overbought. The stock advanced 23 percent in the past five days and advanced 19 percent in the past 30 days. The scrip traded at 10 times its estimated earnings per share for the coming year.

Oil Update - The prices were trading near two-month highs helped by expectations of an extension to OPEC+ production cuts. Brent crude futures firmed 19 cents to $63.58, while US crude rose 24 cents to $58.01 a barrel.


Sensex | Market News | Top Gainers | Rupee | Gold | Oil 

Labels:

Comments

  1. Riya18 December 2019 at 17:49

    MMMFS STOCK FUTURE BUY M&M ABOVE 514 TGTS 515.50-517-518.50 SL AT 511.50 LS 1000
    STOCK FUTURE BUY CALL OF M&M ACHIEVED TGT2 BOOK SOME PROFIT @517
    Stock Future Tips

    ReplyDelete
  2. Dariya14 March 2020 at 18:41

    nice information thanks for sharing valuable content with us we also provide great information related to your blog feel free to visit our Forex market

    ReplyDelete

Post a Comment

Popular posts from this blog

Stock Market News - Trade war worries kept base metal prices under pressure in 2019

The trade deal developments and its impact on the global economy remain the trendsetter of commodity prices in 2020. A successful deal will boost global economic activity and improve the demand for base metals. In the past year, trade uncertainty hit global economic sentiments adversely as base metal prices in the domestic futures market settled with moderate gains. Commodities such as copper and lead ended with gains of 8 percent, while aluminium and zinc advanced 6 percent and 4 percent, respectively. Performance of nickel was exceptional with a whopping gain of more than 40 percent. At the same time, price-performance at its key overseas markets was rather steady. Trade war worries that fanned fears of recession roiled the global manufacturing sector last year, particularly China. This because Chinese industries are the key consumers of all base metals. Economic growth in the country tumbled to multi-year lows due to the 17-month trade dispute between the United Sta...
1 comment
Read more

Stock Market News - Yes, Bank top gainer, Ratnamani Metals Gains

Titan Company shares climb 2%: Shares of Titan Company climbed over 2 percent on BSE ahead of analyst and institutional investor meeting on December 20. Rupee Update: The Indian rupee recovered from the lows but trading marginally lower at 71.06 per dollar. NEWS ALERT |  1. Hold it against PSBs that they haven't passed the benefits of rate cuts to customers: FM -- Made sure stressed MSMEs are not declared NPAs: FM 2.  PSBs must move more liquidity out in the system: FM -- Together with banks and RBI, we looked at where liquidity was stuck: FM 3. Anish Shah appointed CFO of Mahindra & Mahindra till April 2021: BSE Filing -- Shah will become MD & CEO of co for 3 years w.e.f April 2, 2021. -- VS Parthasarathy will step down as CFO on April 1, 2020 -- Board approves transition of Anand Mahindra's role to Non-executive Chairman.  -- Pawan Goenka re-designated MD & CEO up to November 11, 2020 TOP GAINERS & LOSERS...
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