Stake in Dr Reddy's Laboratories reduced to 5.59% from 7.63% earlier
Stake in Engineers India reduced to 3.12% from 5.15% earlier
Source: Exchange Filing
Shares of Cipla Ltd. fell as much as 7.35%, before paring loss to trade 6.76% lower at 1:05 p.m., compared to a 0.03% decline in the NSE Nifty 50.
The stock has risen 10.2% on a year-to-date basis. Total traded volume so far in the day stood at 5.5 times its 30-day average. The relative strength index was at 41.05.
Of the 40 analysts tracking the company, 30 maintain a 'buy' rating, seven recommend a 'hold,' and three suggest a 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 7.4%.
New RBI norms for banks, NBFCs to constrain loan growth
Threat to financial stability lower after new RBI norms
RBI norms on banks, NBFCs credit-positive
New RBI norms to cut banks' common equity tier-1 ratio by 30 bps
Believe new risk weight norms to have double-digit basis-point impact on private banks
SBI sold stake via open market operations
Reduces stake in SEPC from 7.15% to 4.97%
Source: Exchange filing
Among sectoral indices, Nifty Pharma and Nifty Healthcare declined the most by over 1%, while Nifty Realty and Nifty Media advanced.
The broader markets outperformed their larger peers on Thursday. The BSE Midcap rose 0.20% and the BSE SmallCap was 0.61% higher.
Fifteen of the 20 sectors compiled by BSE Ltd. advanced. BSE Healthcare fell the most.
The market breadth was skewed in the favour of buyers. About 2,058 stocks rose, 1,443 declined, and 179 remained unchanged on the BSE.
Vilfuro drug in India used for treatment of moderate to severe COPD
COPD stands for chronic obstructive pulmonary disease
Source: Exchange Filing
CDSL shares rose as much as 6.17% to Rs. 1,825 apiece to reach its all time high. It pared gains to trade 4.71% higher at Rs 1,800 apiece, as of 10:56 a.m. This compares to a 0.04% decline in the NSE Nifty 50 Index.
It has risen 61.39% on a year-to-date basis. Total traded volume so far in the day stood at 1.2 times its 30-day average. The relative strength index was at 71.
Out of 10 analysts tracking the company, 4 maintain a 'buy' rating, 5 recommend a 'hold,' and 1 suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 50.2%.
TVS Motor's stock rose as much as 2.62% during the day on the NSE to Rs 1,784.95 apiece. It was trading 2.34% higher at Rs 1,780 apiece compared to a 0.04% advance in the benchmark Nifty 50 Index.
It has risen 63.98% on a year-to-date basis. Total traded volume so far in the day stood at 4.2 times its 30-day average. The relative strength index was at 76.43.
Out of 43 analysts tracking the company, 25 maintain a 'buy' rating, 11 recommend a 'hold,' and 7 suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an downside of 4.3%
Shares of the Selan Exploration rose as much as 16.05%, the highest its listing on the exchanges. It pared gains to trade 12.56% higher at Rs 537.35 apiece, as of 09:05 a.m. This compares to a 0.14% advance in the NSE Nifty 50 Index.
It has risen 115.0% on a year-to-date basis. Total traded volume so far in the day stood at 12.0 times its 30-day average. The relative strength index was at 74.27
The scrip hit an upper circuit of 20%. This compares to a 0.2% advance in the NSE Nifty 50 Index.
One analyst tracking the company maintains a 'buy' rating for the stock. The 12-month upside return potential is 26.2%, according to Bloomberg data.
The scrip rose as much as 6.5% to Rs. 2,323 apiece. It pared gains to trade 2.9% higher at Rs 2,243.90 apiece, as of 09:53 a.m. This compares to a 0.1% advance in the NSE Nifty 50 Index.
It has risen 115.04% on a year-to-date basis. Total traded volume so far in the day stood at 5 times its 30-day average. The relative strength index was at 63.60.
Out of 4 analysts tracking the company, three maintain a 'buy' rating and one suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an downside of 0.3%.
At pre-open, the S&P BSE Sensex Index was up 60.04 points, or 0.09%, at 66,083.28 while the NSE Nifty 50 was 16.60 points or 0.08% higher at 19,828.45.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.26% on Thursday.
Source: Bloomberg
The local currency strengthened 2 paise to open at 83.30 against the U.S dollar on Thursday.
It closed at 83.32 on Wednesday.
Source: Bloomberg
Unit Strides Pharma Global gets U.S. FDA approval for generic Suprep Bowel Prep Kit
Source: Exchange Filing
HDFC MF takes 2.06% additional stake in co
HDFC MF now holds 6.15% stake in the co
Source: Exchange Filing
Stocks In Asia Rangebound As Treasuries Decline: Markets Wrap
Price band revised from 20% to 10%: Talbros Automotive Components.
Ex/record date interim dividend: Crisil, Ingersoll-Rand, Ipca Laboratories, National Aluminium Co, Oil India, Pearl Global Industries, TD Power Systems.
Move into short-term ASM framework: DCX Systems, Dhunseri Investments, Sastasundar Ventures.
Move out of short-term ASM framework: Antony Waste, Carysil.
Veranda Learnings: Promoters Kalpathi S Aghoram, Kalpathi S Ganesh, Kalpathi S Suresh bought 36,250 equity shares each on Nov. 21.
Paisalo Digital: Promoter Group Equilibrated Venture Cflow, PRI CAF, PRO FITCCH sold 60,000 shares on Nov. 22.
Ethos: Promoter Group Vardhan Properties and Investment sold 8,000 shares on Nov. 21
Sandhur Manganese And Iron Ore: Promoter SY Ghorpade sold 6,507 shares on Nov. 21.
Deccan Gold Mines: Promoter Rama Mines Mauritius sold 15,000 shares on Nov. 20.
DB Realty: Promoter Vinod Goenka sold 36 lakh shares on Nov. 17 and Shravan Kumar Bali sold 17,731 shares on Nov. 17.
Tata Technologies IPO Subscribed 6.54 Times On Day One
TVS Motor Ventures Into Vietnam With Minh Long Motors