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This helicopter company stock zooms 112% in six weeks
Posted on 18th April 2019
Shares of Global Vectra Helicorp surged 9 per cent to Rs 127 in the intra-day trade on Thursday, gaining 53 per cent in the last one week on the BSE, on expectation of strong earnings growth. The stock was trading close to its 52-week high of Rs 131 on April 23, 2018 on the BSE.

In past three weeks, the stock has rallied 112 per cent from level of Rs 60.30 on March 8, 2019, as compared to 7 per cent rise in the S&P BSE Sensex.


ICICI Bank rises over 3% after Goldman Sachs hikes target price on stock
Posted on 16th April 2019
ICICI Bank shares rose over 3 per cent in intra-day trade on the BSE, marking their biggest intraday per cent gain since March 12, after global financial firm Goldman Sachs hiked the target price on the stock.

Goldman Sachs raised the price target on the stock to Rs 492 from Rs 451 and maintained 'buy' rating, saying that ICICI Bank's strong deposit franchise, lower cost of funds put the company at an advantage, a media report said.


Lakshmi Vilas Bank extends rally on merger with Indiabulls Housing Finance
Posted on 8th April 2019
Shares of Lakshmi Vilas Bank (LVB) were locked in the upper circuit for the third straight trading days after rising 5 per cent to Rs 97.35 on the BSE on Monday after the private sector lender announced merger with non-banking finance company Indiabulls Housing Finance (IHF).

The bank made the disclosure on Friday after market hours. The approval is subject to the Reserve Bank of India (RBI) and other regulatory & statutory approvals.


Real estate shares in focus; Godrej Properties hits record high, DLF up 5%
Posted on 3rd April 2019
Shares of real estate companies were trading higher for the second straight day on Wednesday with Godrej Properties hitting an all-time high, while DLF was quoting near its 52-week high on the National Stock Exchange (NSE).

At 10:43 am, the Nifty Realty index was the largest gainer among sectoral indices and was up 1.8 per cent, extending its previous day's 2 per cent gain on the NSE. In the past month, the realty index has surged 21 per cent against 8 per cent rise in the benchmark Nifty 50 index.


Zee Entertainment falls 6% after promoters sell shares
Posted on 2nd April 2019
Shares of Zee Entertainment Enterprises (ZEE) slipped 6 per cent to Rs 403 on the BSE in intra-day trade on the back of heavy volumes after its promoter sold Rs 332 crore worth of the firm’s shares in recent months, according to exchange disclosures.

Cyquator Media Services, the promoter entity of ZEE had sold shares worth Rs 227 crore between February 13 and March 29. Post the share sale, Cyquator’s shareholding has reduced to 22.8 per cent from 23.36 per cent.


Tata Motors hits four-month high; up 17% in two days after JLR Q4 guidance
Posted on 2nd April 2019
Shares of Tata Motors moved higher by 8 per cent to Rs 203 on Tuesday, gaining 17 per cent in the past two trading days on the BSE, after the company’s wholly-owned subsidiary Jaguar Land Rover (JLR) said it expects improved financial results for the quarter ended March 2019 (Q4FY19).

The stock of Tata group Company was quoting at its highest level since October 9, 2018. The trading volumes on the counter jumped an over four-fold today. A combined 88.75 million shares representing 3.5 per cent of total equity of Tata Motors changed hands on NSE and BSE till 03:00 pm.


Infosys nears record high; stock up 5% in one week
Posted on 2nd April 2019
Infosys shares were trading higher for the fifth straight day, up 1.3 per cent, at Rs 765 on Tuesday in intra-day trade, gaining 5 per cent in one week on the BSE. In comparison, the benchmark S&P BSE Sensex was up 2 per cent during the week.

The stock was trading close to its all-time high of Rs 771 touched on February 2, 2019 on the BSE. It has recovered 8 per cent from its recent low of Rs 710 on March 18, against 2.5 per cent rise in the benchmark index.


PSU Banks extend gain; Andhra Bank, Indian Overseas Bank up over 5%
Posted on 1st April 2019
Shares of public sector banks (PSB) continued to trade higher with the Nifty PSU Bank index up nearly 3 per cent on hopes of margin expansion.

Andhra Bank, United Bank of India, Corporation Bank, Indian Overseas Bank, Uco Bank, Bank of Maharashtra and Syndicate Bank were up more than 5 per cent each while Punjab National Bank (PNB), Bank of Baroda (BOB), Union Bank of India, Bank of India and Indian Bank were up in the range of 2 to 3 per cent on the National Stock Exchange (NSE).


Strong rollovers may see Nifty hit 12000 in April series
Posted on 29th March 2019
A day after the markets took a pause from the recent upsurge, key equity benchmark indices bounced back sharply on the last trading session of the current month's expiry day, as investors mounted bullish bets on expectations the NDA party may win polls in the upcoming general elections.

Sensex jumps over 200 points; Nifty reclaims 11,500 level
Posted on 27th March 2019
Mumbai: The benchmark BSE Sensex jumped over 200 points and the NSE Nifty reclaimed the 11,500 mark in early trade on Wednesday led by gains in banking stocks amid sustained foreign fund inflows and positive global cues.

The 30-share index was trading 205.47 points, or 0.54 per cent, higher at 38,438.88. It had ended 424.50 points, or 1.12 per cent, higher in the previous session. The broader Nifty also rose 53.45 points, or 0.47 per cent, to 11,536.70 in morning trade.


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