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Shares of the state-run tourism company jumped as much as 20 percent, the most in four months to Rs 597 after the government announced transferring three hotels owned by the company to the respective state governments.
Shares of the Hyderabad-based IT company jumped as much as 5 percent to hit record high of Rs 79.85 after it won Rs 100 crore order from Medical Council of India. The order is for implementing a closed-circuit television solution, the company said in a stock exchange filing.
The Mumbai-based tractor will buy of Turkish farm equipment maker for Rs 478 crore. Shares of the company jumped as much as 1.15 percent, the most since September 13, to Rs 1,310.
Shares of the radio operator jumped as much as 6 percent to Rs 889, its highest level in over a month, after it started radio broadcast from Jammu.
The state-run oil explorer jumped as much as 3.13 percent to Rs 171, its highest level in over three months after its latest discovery on the west of Mumbai High offshore fields is estimated to hold gas reserves of 20 million tonnes, news agency Reuters reported citing unidentified people familiar with the matter.
Shares of the Bangalore-based drugmaker jumped as much as 3.15 percent to Rs 1,041, its highest level in over a month after the U.S. drug regulator approved Omega-3-Acid Ethyl Esters Softgel capsules.
Key Highlights:
Shares of the Mumbai-based infrastructure construction company jumped as much as 1.76 percent to Rs 1,247.50, its highest level in two months. Its hydrocarbon division bagged an engineering, procurement and construction order from Kuwait Oil Company.
Key Order Highlights:
Tyre makers gained after the government imposed anti-dumping duty on import of certain type of radial tyres used in buses and trucks to protect domestic manufacturers from below cost shipments from China for five years.
Gainers Among Tyre Companies
Tata Steel shares advanced over a percent after Thyssenkrupp and Tata Steel reached a framework agreement to merge their European steel businesses, people familiar with the matter told Bloomberg.
Bharti Airtel says it is "extremely disappointed" with TRAI's interconnect usage charge decision.https://t.co/cVklNtclkj pic.twitter.com/K01sokcrNc
— BloombergQuint (@BloombergQuint) September 20, 2017
SBI Life Insurance IPO: Here’s everything you need to know.@dhanuka_saloni reportshttps://t.co/Q65G3omXYB pic.twitter.com/dLIC0oiNOH
— BloombergQuint (@BloombergQuint) September 19, 2017
Here's a line up of all the major corporate/investor meetings over today and tomorrow.https://t.co/b3EYae3w6k pic.twitter.com/qvj24zzF28
— BloombergQuint (@BloombergQuint) September 20, 2017
CLSA On Reliance Industries
Citi On Havells
Deutsche Bank Markets Research On Whirlpool India
Credit Suisse On Adani Ports & SEZ
Credit Suisse On L&T
Axis Capital On ABB Engineering
Axis Capital On LIC Housing Finance
Good Morning!
The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.12 percent to 10,157.
Asian equities fluctuated and dollar traded above its recent lows ahead of the U.S. Federal Reserve’s decision and renewed geopolitical tensions surrounding North Korea.
S&P 500 Index rose for the third consecutive day. The Mexican peso slipped after a 7.2 magnitude earthquake struck near Mexico City.
Yen snapped a seven-day losing streak and gained against the dollar.
Commodities
Japanese exports and imports surged in August,beating expectations.https://t.co/QyMq19ivC5 pic.twitter.com/9pxQ8aGCR3
— BloombergQuint (@BloombergQuint) September 20, 2017
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