20 Jul 2018 | 4:29 PM
Research Report

Equity Research Report: Religare Morning Digest

Nifty has been upholding above crucial support of 8050 mark successfully amid correction. It indicates that the index is more likely to see recovery in the coming sessions.
15 Sep 2014 | 07:00 AM

Corporate News: 

Oracle Financial Services Software rose 6.97% on BSE after the company’s board declared an interim dividend of Rs 485 per equity share.

Snowman Logistics has listed at Rs 78.75, up Rs 31.75 or 67.55% premium to issue price of Rs 47 per share.

Hero MotoCorp will start construction of its new plant in Gujarat soon and will start production from third quarter next year. The company has earlier announced to spend Rs. 1,200 crore for this plant.

Sun Pharmaceutical Industries is looking to get shareholders' approval to raise qualified institutional placement (QIP) worth Rs 12,000 crore at its 27th annual general meeting to be held by the end of September.

Market Roundup 

After moving in a narrow range during most part of the trading session, key benchmark indices eked out small gains at close as the rupee edged higher against the dollar. The BSE Mid-Cap index was up 0.20% and the BSE Small-Cap index was up 0.50%. Going forward, state run oil marketing companies (PSU OMCs) will be in focus as PSU OMCs will review fuel prices on 16 September 2014 based on the average imported oil price in the previous fortnight. Investors will also look to next week's Federal Open Market Committee (FOMC) meeting for fresh guidance on US interest rates.