INSUBCONTINENT EXCLUSIVE:
NEW DELHI: A no-confidence motion against the Modi government gave a 147-point jolt to the Sensex on Wednesday.
A weaker rupee and mixed
Asian markets also weighed on investor sentiment
hikes sugarcane FRPThe government has increased the sugarcane floor price for 2018-19 season by Rs 20 per quintal to Rs 275
ALL tanks on new load normShares of the CV maker tanked 14 per cent on BSE following a weak demand commentary by the management in the wake
The company on Tuesday reported over three-fold jump in net profit at Rs 370.10 crore for June quarter
The stock closed at Rs 110.60 apiece
Bandhan Bank hits record highThe stock hit a record high of Rs 607.55 apiece on BSE after it reported a 47.5 per cent YoY growth in net
profit at Rs 481.7 crore for the June quarter
Net interest income (NII) went up 39 per cent to Rs 1,037 crore against Rs 743.48 crore in the year-ago period
Shares settled at Rs 600.15 apiece
Block deals fire up Future ConsumerShares of City Union Bank ended nearly 1 per cent lower after 14.1 lakh shares changed hands in a block
ICICI Bank shed 1 per cent after 32.1 lakh shares traded in a block deal
This apart, About 58 lakh shares of Future Consumer changed hands in six block deals
The stock spurted 7 per cent to Rs 44.40 apiece on BSE
Look, who moved my SensexHindustan Unilever (HUL), Axis Bank, Tata Steel, MM and ICICI Bank were the major contributors that dragged the
On the contrary, HDFC, ONGC and YES Bank batted for the bulls
as the issue was subscribed only 9 per cent till 3:30 pm
The issue of 15,714,038 shares are being offered in the Rs 714-716 price band
It aims to raise Rs 1,125-crore from the offer
Spurt in open interestAshok Leyland witnessed the biggest spurt in open interest at 41.22 per cent, followed by NIIT Tech (29.71 per cent),
Bharti Infratel (25.53 per cent) and Mindtree (21.25 per cent)
24 stocks in oversold zoneAs many as 24 stocks, including PC Jeweller, Kwality, Shree Renuka Sugars, Inox Leisure, Den Networks and
Titagarh Wagons, have slipped into the oversold zone
On the other hand, Cigniti Technologies and Excel Crop Care have entered the overbought territory, showed technical indicator RSI (relative
