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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 ...

Infosys Top Performer   - On Sensex, Nifty Shares of Infosys rose as much as 5.8 percent, the most in two years, to Rs 768.70. The stock was the best performer on Sensex and Nifty. The Bengaluru-based software developer raised its revenue forecast for the full year even as higher costs led to a contraction in margin and decline in profit in the quarter ended June. DHFL Hits 10% -  Lower Circuit After Reporting Loss In Q4 Shares of Dewan Housing Finance Corporation Ltd. hit their lower circuit of 10 percent to Rs 61.65, their lowest level since October 2013. Crisis-hit Dewan Housing Finance Corporation Ltd. said it aims to restart lending operations by August 2019 after the company reported a loss of Rs 2,223 crore for the quarter ended March 2019.  Allahabad Bank Drops -  The Most In Eight Months Shares of Allahabad Bank fell as much as 14.4 percent, the most since November 2018, to Rs 40.35. The PSU Bank reported a fraud of over Rs 1,774 crore by Bhush...

NTPC Gains after CLSA Retains Buy - NTPC shares gained more than a percent intraday after global brokerage CLSA retained its buy call with a target price at Rs 157, implying 22 percent upside on potential SJVN merger. Eveready Industries in focus -  Yes, Bank acquired 39,10,000 (5.38 percent) equity shares of company and 21,21,903 (2.29 percent) shares by invoking pledged on promoters holding. Himachal Futuristic Communication gains 2% -  Himachal Futuristic Communication shares gained 2 percent intraday after its subsidiary bagged order from Bharat Electronics. "Subsidiary HTL has received a purchase order worth Rs 198.82 crore from state-owned company Bharat Electronics," the fiber optic cable manufacturing company said in its BSE filing. Block Deals Power Finance Corporation's 6.3 crore shares (representing 2.4 percent of total equity) worth Rs 794 crore exchanges hands in two block deals on NSE at an average price of Rs 125 per share, reports CNBC-...

NEWS ALERT |  ICICI Bank cuts lending rate by 10 bps across all tenures with immediate effect Balrampur Chini Mills gains nearly 2% Eveready Industries Hits 5% -  Lower Circuit Shares of Eveready Industries hit its lower circuit of 5 percent at Rs 75.95. Price Waterhouse resigned as statutory auditor of the company on June 28 citing its inability to analyze the impact of financial support extended by the battery maker to its promoter group entities. The board also entered into an agreement with Madhu Jayanti International to sell assets worth Rs 6 crore related to a packed tea product business. Reliance Home Finance Slumps Over 7% -  Shares of Reliance Home Finance fell as much as 7.2 percent to Rs 10.95. The company failed to repay the principal obligations on its non-convertible debentures held by Reliance Mutual Fund, worth Rs 400 crore. The non-banking lender paid the interest due on the debentures but failed to honor principal repayment obligations, R...

DHFL Slumps - After Defaulting For Second Time Shares of the non-banking lender fell as much as 9 percent to Rs 68.60 apiece. The Company has made proportionate payment of 40 percent, that is, Rs.150 crore towards maturity of the commercial papers of the aggregate value of Rs 375 crore, according to its exchange filing. The stock has fallen 89 percent in the past 12 months compared with an 11 percent gain in the Nifty Index. Emami shares gain 4 percent - Shares of Emami gained 4 percent in the early trade on Wednesday. The company in a statement on Monday said the promoters of Emami Group had undertaken a stake sale 10% in Emami Limited for raising approximately Rs 1,230 crores to further reduce debt at the promoter level. The stake sale occurred on the floor of the stock exchange to marquee institutional investors. The total promoter stake in Emami Limited subsequent to the stake sale, stands at a controlling majority of 52.74%. The promoters intend to maintain this control...

Hexaware Technologies gains 2% -  on the acquisition: Hexaware Technologies Inc., a wholly owned subsidiary of Hexaware Technologies, India has acquired 100% shares of Mobiquity Inc. and Hexaware Technologies has acquired 100% shares of Mobiquity Softech. Gruh Finance Falls 7%  -  After Block Deal Shares of Gruh Finance fell as much as 6.9 percent, the most in nearly a month to Rs 286.05. About 3.08 crore shares or 4.2 percent equity of the company changed hands in multiple block deals. Adani Gas Jumps -  The Most In Over A Week Shares of Adani Gas rose as much as 6.7 percent, the most since June 03, to Rs 180. Total SA is advancing on a deal to acquire a 30 percent stake in city gas distribution (CGD) company Adani Gas for over $800 million, or upwards of Rs 5,500 crore. Kalpataru Power Gets Its Most Bullish Price Target Yet -  Shares Swing Kalpataru Power Transmission just got its most bullish target price ever. Shares of the power transmission c...

Yes Bank, IndusInd Bank top losers -  The leading gainers on BSE are Axis Bank, TCS, Asian Paints, and SBI, while the top losers are Yes Bank, IndusInd Bank, Vedanta, and Infosys. The Indian currency Rupee today opened flat at 69.37 a dollar against the previous close of 69.35 a dollar. Adani Enterprises zooms over 2% -  Adani Gets Key Approval To Start Building Australia Coal Mine Queensland’s Department of Environment and Science approved Adani’s Groundwater Dependent Ecosystem Management Plan for the Carmichael coal, according to Bloomberg report. The decision means Adani can begin work on the first phase, which is expected to cost A$ 2 billion, the report added. Rupee Opens: The Indian rupee opened flat at 69.34 per dollar on Thursday against previous close 69.34. Crude Update: Oil prices steadied on Thursday, after slumping as much as 4% in the previous session to nearly five-month lows on the back of a further buildup in US crude stockpiles and worries ...

Adani Green Energy Rises -  After Promoter Cuts Stake Shares of the renewable energy producer snapped its four-day losing streak and rose as much as 2.4 percent to Rs 43.55 each. Promoter group under name of Gautam S Adani plans to sell cumulatively 5.98 percent stake in the company at a floor price of Rs 43 per share. DHFL gains -  Dewan Housing Finance (DHFL) informed exchanges Tuesday that the company has made a full payment towards interest payable on secured redeemable NCDs issued by way of the public issue within the cure period of seven working days. Aadhar Housing said that Blackstone has acquired a 97.7 percent stake in the company for including the entire stake held by the existing controlling shareholders, Wadhawan Global Capital Ltd.  Rupee Opens: The Indian rupee opened flat at 69.45 per dollar on Wednesday against previous close  69.44. Crude Update: Oil prices fell on Wednesday, weighed down by a weaker oil demand outlook and ...

Reliance Industries up 2%-  Shares of billionaire Mukesh Ambani-led Reliance Industries jumped by more than 2% at Rs 1,375.50, ahead of its Q4 results.  Jet Airways down 10% - Shares of private sector airline slumped by 10% to Rs 216.45 on NSE. Shares of the cash-strapped airline plummeted over 34 per cent, its biggest intraday fall on record, to RS 158.70 apiece.  Spicejet At 14-Month High - Shares of the low-cost carrier rose as much as 15 percent to Rs 152.60, its highest since February 2018. The shares gained 52 per cent in the last five days. RIL, Wipro, Tech Mahindra, ICICI Bank, SpiceJet, Interglobe Aviation, HDFC, HDFC Bank, are the major gainers in the indices, while losers are Jet Airways, Infosys, TCS and Hindalco. Among the sectors, auto, energy and bank are trading higher, while selling seen in the metal, IT and infra. Rupee opening - Rupee opens at Rs 69.46 against US Dollar, up 14 paise against Tuesday's close of Rs 69.60 Ashok...