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Emami Infrastructure Trades Higher For Second-Straight Day
Rising for the second straight session, gold prices inched up by another Rs 20 to Rs 29,270 per 10 grams. Silver fell however by Rs 250 to Rs 42,400 per kg due to reduced offtake by industrial units and coin makers.
Traders said increased buying by local jewellers at the domestic spot market to meet the ongoing "Navratra" demand kept gold prices higher but a weak trend overseas capped the rise.
Globally, gold fell by 0.31 per cent to Rs 1,245.30 an ounce and silver by 0.49 per cent to $18.13 an ounce in Singapore.
(PTI)
Shares of power transmission company jumped as much as 9.6 percent, the most since December 6, 2016.
Company gets order from Rajasthan Rajya Vidyut Prasaran Nigam to construct, own, operate and maintain three transmission projects in the state of Rajasthan.
Volume at 5.2 times its 30-day average. The stock is trading at a new 52-week high.
Essar Group sells its BPO business. pic.twitter.com/Wla9ce9SDw
— BloombergQuint (@BloombergQuint) April 3, 2017
#BQSpotted by @shraddha_babla | Goa resort owner--Advani Hotels and Resorts hits upper circuit.https://t.co/1Oc45HNOht pic.twitter.com/S8xXMoHtgT
— BloombergQuint (@BloombergQuint) April 3, 2017
Buyers and sellers were not immediately known
To read the full story, click HERE
Wockhardt rises on faster clinical trial for its antibiotic drug for hospital-acquired infections. https://t.co/mojKgKvqY4 pic.twitter.com/RW5aCTxiWq
— BloombergQuint (@BloombergQuint) April 3, 2017
#BQSpotted by @soumeet_sarkar | Shakti Pumps rallies on high volumes. pic.twitter.com/fkOvwFaGdO
— BloombergQuint (@BloombergQuint) April 3, 2017
While some pullback in the near term cannot be ruled out given an ‘overbought’ level on the momentum indicators, the rupee is likely to appreciate further and touch levels close to 63.5 in the sessions ahead.Ambit Capital Report
Shares of Jet Airways, SpiceJet and InterGlobe Aviation gained between 1 to 2 percent.
Price of jet fuel or aviation turbine fuel was reduced by Rs 2,811 per kilo litre, or 5.1 percent, to Rs 51,482 per kl with effect from April 1, Indian Oil said in a release dated March 31.
Jet fuel is one of the biggest costs for airlines and a reduction in prices is likely to boost airline companies’ profitability.
Shares of real estate firm fell as much as 20 percent to Rs 4.46.
Unitech’s Managing Director Sanjay Chandra and his brother Ajay Chandra were sent to police custody on Saturday, for allegedly not developing a real estate project in Gurugram despite receiving funds from customers.
Trading volume at 6.6 times its 30-day average.
Bajaj Auto Ltd.’s sales dropped for the fourth time in five months even as exports improved.
Total sales for the month of March dropped 11 percent to 2,72,197 vehicles compared to 3,05,080 vehicles in March 2016, the company said in an exchange filing. The bike maker struggled in the domestic market, with sales declining 17 percent to 1,69,279 units.
Exports remained positive for the second straight month, rising one percent to 1,02,918 units compared to 1,01,519 units last March.
CLSA says Supreme Court's liquor ban could be a ‘highway to hell’ for United Spirits, reports @sajeetkm.https://t.co/nyJRg9mjmS pic.twitter.com/Teqp3YVf4r
— BloombergQuint (@BloombergQuint) April 3, 2017
For a complete list of stocks to watch, click HERE
Trump says U.S. can “totally” address North Korea’s nuclear threat alone if China refuses to help.https://t.co/LpTGU09MHL pic.twitter.com/myrMwloZqk
— BloombergQuint (@BloombergQuint) April 3, 2017
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