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Shares of the Mumbai-based department store chain fell as much as 3.6 percent, the most since October 3, to Rs 508.50 after it reported loss in July-September quarter.
Shares of the Mumbai-based drugmaker rose nearly 3 percent, the most since October 12, to Rs 538.75 after it receved U.S. drug regulator's nod for carvedilol phosphate extended release capsules in strengths of 10mg, 20mg, 40mg and 80 mg.
"Generic carvedilol phosphate extended release capsules, 10mg, 20mg, 40mg, 80mg are therapeutic equivalents of GSK’s Coreg CR extended release capsules," Sun Pharma said in a press release.
"As per IMS, Coreg CR had annual sales of approximately $208 million in the U.S. for the 12 months ended August 2017," the company added.
Shares of the Mumbai-based financial services firm jumped as much as 4 percent, the most in over a month, to Rs 203.25 after it beat consensus Bloomberg estimates in September quarter.
Shares of the Domino's Pizza chain operator rose as much as 5 percent, the most since October 5, to Rs 1,684 after it beat consensus Bloomberg estimates in July-September quarter.
Shares of the Domino's pizza chain operator were trading 1 percent lower at Rs 1,589.25 ahead of September quarter earnings which will be declared later in the day.
Key things to watch out for:
Shares of L&T Finance Holdings were trading 2.2 percent higher at Rs 199.55 ahead of its September quarter earnings.
Key things to watch out for:
Shares of the state-owned oil marketing companies rallied after brokerage house UBS initiated coverage on most of them with a bullish rating.
The broking firm expects to see earnings pick up driven by steady volume and margin expansion. Besides that, it also expects support from the government on free pricing for socially sensitive cooking fuel, liquefied petroleum gas, to drive constant earnings growth.
Shares of the Bangalore-based public-sector lender rose 0.7 percent to Rs 66.55 after it reported September quarter earnings.
Shares of the battery maker declined as much as 5.4 percent, the most in nearly one year, to Rs 197.80 after its profit declined in July-September quarter.
Earnings Today: Yes Bank growth momentum may continue in Q2. #Q2WithBQhttps://t.co/tXmtMqNOzS pic.twitter.com/YFnoB4QEFW
— BloombergQuint (@BloombergQuint) October 26, 2017
Shares of the country's biggest infrastructure developer rose as much as 3.2 percent to Rs 1,243 after its subsidiary L&T Construction won orders worth Rs 3,551 crore.
Key order highlights:
Shares of the Mumbai-based power transmission company jumped as much as 4.86 percent, the most in over a month, to Rs 301 after it won orders worth Rs 1,931 crore.
Key order highlights:
Shares of the country's biggest lender by market cap fell as much as 6 percent, the most in over three years, to Rs 1,685 after the Reserve Bank of India asked it to classify one of its account as non-performing asset.
Meanwhile, the stock recovered from intraday low and as of 10:26 a.m. was down 1 percent at Rs 1,75.85.
Shares of the Gurugram-based agricultural chemical maker fell as much as 8.3 percent, the most in nearly one year, to Rs 720 after it missed consensus earnings estimates compiled by Bloomberg
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the public-sector lenders continued their surge for second day. The Nifty PSU Bank Index rose as much as 8 percent on top of yesterday's 30 percent rally.
Bankers feel that the selloff in Indian government bonds post the announcement of capital injection plan is more or less over. They expect the funding plan to help banks clean up their balance sheet and in turn strengthen the economy.
BlackRock has turned less bullish on local-currency bonds in Asia as it sees U.S. yields rising on the back of a Federal Reserve interest-rate increase in December. The money manager although likes bonds in China, Indonesia and India, but it pared some exposure last month.
The rupee is expected to gain against the dollar in line with other Asian currencies as investors await the European Central Bank decision and the appointment of the next Federal Reserve chief.
#Q2WithBQ | Beat, meet or miss? Here are companies that reported earnings after Wednesday's market close.https://t.co/8XtyNCnkU9 pic.twitter.com/aqkJrLOPNl
— BloombergQuint (@BloombergQuint) October 26, 2017
Here's a quick look at corporate insider trades on Wednesday.https://t.co/8XtyNCnkU9 pic.twitter.com/DiWDtaOJCX
— BloombergQuint (@BloombergQuint) October 26, 2017
New India Assurance's IPO pitch.https://t.co/ilsTFHBHIv pic.twitter.com/0rTkXGnD1V
— BloombergQuint (@BloombergQuint) October 25, 2017
MAS Financial Services
JB chemicals and Pharma
Saksoft
In light of the recapitalisation plan, Credit Suisse reduces its position in private sector banks.https://t.co/oDfwzzqrKH pic.twitter.com/rS5g1bS9CQ
— BloombergQuint (@BloombergQuint) October 25, 2017
How big is the Rs 2.11 lakh crore bank recap?https://t.co/RqRbbJIRJF pic.twitter.com/IJQtuqUch2
— BloombergQuint (@BloombergQuint) October 26, 2017
These are some of the key events coming up:
Commodities
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