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Smart Moves
  • 16 Sep 14
    03:03 PM
    Lupin has dipped nearly 5% to Rs 1,350 falling 6.4% from its intra-day high on NSE, after the pharmaceutical company announced that it has entered into a long term strategic partnership with Merck Serono, the Biopharmaceutical division of Merck.
    01:51 PM
    Shares of mid and small-cap companies are under pressure, dropping by up to 14% in noon deals on profit booking.
    01:26 PM
    Shares of Oil and Natural Gas Corporation (ONGC) have dipped 3% to Rs 409, extending its three-day’s fall, after the government cleared 5% disinvestment in oil major.
    01:06 PM
    Shares of Persistent Systems were up over 2% at Rs 1,369 after the company late Monday said it will acquire stake in Pune-based Altizon.
    11:32 AM
    Shares of Future Retail were up over 4% at Rs 131 after Morgan Stanley Asia (Singapore) PTE acquired over 26 lakh shares through a bulk deal on the National Stock Exchange.
    11:25 AM
    Cox and Kings has moved higher by 6% to Rs 333, extending its previous day’s 5% rally, on reports that the leisure travel arranger is planning to raise about Rs 300-350 crore via qualified institutional placements (QIP).
    10:49 AM
    The company has fixed a book closure from September 26, 2014 to September 29, 2014 (both days inclusive) has fixed for the purpose of payment of special dividend, CARE, a credit rating agency said in a statement.
    10:32 AM
    Mastek has surged nearly 9% to Rs 293, extending its previous day’s rally on National Stock Exchange, after the company on Monday announced the demerger of its insurance products and services business into a new company called Majesco.
    10:23 AM
    Shares of Index heavyweight Tata Motors dipped more than 1% to Rs 506 on the BSE in the early trades after global wholesales in August 2014, including Jaguar Land Rover, stood at 73,524 units showing a declination of 10% from the corresponding month last
    10:16 AM
    Venus Remedies has tanked 12% to Rs 332 on back of heavy volumes on profit bookings. The stock opened at Rs 378 and touched a low of Rs 321 so far on National Stock Exchange (NSE).
    09:50 AM
    Multi Commodity Exchange (MCX) is trading higher by 3% at Rs 846 on reports that the Competition Commission of India (CCI) has cleared Kotak Mahindra Bank's proposed Rs 459 crore deal to acquire 15% stake in commodity bourse.
  • 15 Sep 14
    03:23 PM
    Lupin has moved higher by 5% to Rs 1,422, also its new high on BSE, on media reports that the pharmaceutical major is in advanced talks to sign a blockbuster deal with Merck  Serono.
    01:54 PM
    State-owned bank shares are in focus and trading higher by up to 5% in an otherwise weak market after Raghuram Rajan's comment on appointment process in state-owned banks.
    12:46 PM
    Shares of metal companies are trading lower up to 4% on weak Chinese economic data. China's factory output grew at the weakest pace in nearly six years in August raising fears the world's second-largest economy may be at risk of a sharp slowdown.
    12:39 PM
    Shares of RPP Infra Projects surged over 7% to Rs 92 on the BSE after the company today announced that it has received rural electrification orders worth Rs 55.20 crore.
    11:27 AM
    Mastek has rallied 15% to Rs 270, also its 52-week high on National Stock Exchange, after the company said it will demerge its insurance products and services business into a separate listed company.
    11:05 AM
    Autoline Industries has surged 8% to Rs 112, also its 52-week high on NSE, after the company said its board appointed executive committee on Saturday, accepted the ‘letter of intent’ from a prospective buyer to purchase 100% stake in Autoline
    10:03 AM
    Cipla has rallied 3% to Rs 631, also its record high on National Stock Exchange (NSE) in otherwise weak market on reports that Gilead Sciences plans to allow five Indian firms to sell generic versions of its new HepatitisC medicines viz sofosbuvir and
    10:00 AM
    Shares of Bajaj Electricals were up over 4% at Rs 290 after the company said it has bagged two orders worth Rs 518.46 crore.
    09:36 AM
    Fortis Healthcare has surged 10% to Rs 134 after the company said decided to divest entire stake in healthcare service provider RadLink-Asia and its arm RadLink Singapore to Medi-Rad Associates for SGD 137 million (over Rs 655 crore).
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Sensex

Company Price Gain (%)
Dr Reddy`s Labs3,009.101.09
ITC353.150.43
Hind. Unilever757.950.42
Infosys3,656.550.37
Sun Pharma.Inds.797.900.31

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