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Showing posts with the label Bharti Infratel

Market News- Bharti Infratel Top Loser , Titan Hits , Yes, Bank, Axis Bank shares up

Bharti Infratel Top Loser On Nifty - Shares of the telecom tower operator declined as much as 4.7 per cent to over a two month low of Rs 287.35 apiece. The company reported its March quarter results on Wednesday. Brokerage firm CLSA downgraded its recommendation on the stock to ‘Sell’ from ‘Outperform’.  Titan Company Hits All-Time High - Titan Company hit a record high and crossed Rs 1 lakh crore in market cap. Rupee Opening - The Indian rupee has opened marginally lower at 70 a dollar, against the closing of 69.87 in the previous session. Crude Update - Oil prices fell on Thursday as record US output and rising crude stockpiles dampened the impact on markets of tighter US sanctions on Iran and producer club OPEC’s continued curbs on supply. Yes, Bank, Axis Bank shares up - Yes, Bank shares are trading 1.5% higher at Rs 242.80, while Powergrid shares are up 1.3% to 194.40. Private sector lender Axis Bank shares are trading slightly higher at Rs 755.60, ahead o...

Market News- Bharti Infratel Gains, Kotak Mahindra top gainers, Mindtree rises 2%

Bharti Infratel Gains After A Block Deal - Shares of Bharti Infratel rose as much as 2.7 per cent to Rs 321.60. About 16 crore shares of the company worth over Rs 5000 crore changed hands in a block deal during pre-market trade. While buyers and sellers were not known immediately, Bharti Airtel had earlier informed the exchanges that it will transfer up to 32 per cent stake to its wholly owned subsidiary Nettle Infrastructure Investments Ltd. by March 18. Rupee Opens: The Indian rupee gained in the early trade on Monday. It opened higher by 18 paise at 68.91 per dollar against Friday's close 69.09. Mindtree, IOC, Kotak Mahindra, Bharti Infratel, Axis Bank, Asian Paints, Power Grid, TCS, M&M are among major gainers , while losers are Maruti Suzuki, Grasim, Vedanta, NTPC and Wipro Among the sectors, auto, metal and pharma are under pressure, while Nifty Bank gained 1 per cent followed by energy, FMCG and Infra. Kotak Mahindra Bank shares are trading 3% high...