The Realty index was the major laggard today and tumbled to a low of 3,193. The index finally ended with a loss of 6% at 3,190. The index has slumped over 11% from Tuesday’s close of 3,599. Unitech dropped 9% to Rs 76. DLF slipped 3% to Rs 322. HDIL, Mahindra Lifespace Developer…

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At 13:00pm (IST), shares of Tata Communications have gained by 1% to Rs475. Shares of Tata Communications have gained by 1% to Rs475 following reports that the company may sell a minority stake in Tata Communication Internet Services to rope in a strategic partner with proven experience …

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Wockhardt touched an intraday high of Rs 138 and an intraday low of Rs 132.50. At 10:01 am, the share was quoting at Rs 135, up Rs 4.55, or 3.49% on the NSE. The company has sold its German unit to Mova Pharma for nearly Rs 120 crore, reports CNBC-TV18. It was trading with volumes of 69…

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Close on the heels of the Bombay High Court’s gas supply judgement in its favour, Anil Ambani group firm Reliance Natural Resources (RNRL) is all set to intervene in another case related to gas supply between Mukesh Ambani-led RIL and state-run power producer NTPC. “RNRL will…

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Housing Development and Infrastructure Limited (HDIL), a Mumbai-based developer, today said its shareholders have passed resolutions to raise upto $ 600 million (Rs 2880 crore) through a qualified institutional placement (QIP) of shares to institutional investors. The proceeds are expect…

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MUMBAI: The jittery sentiment across overseas markets failed to deter Indian equities which made way for a positive close Tuesday, snapping from a three day losing streak. Volatility was at its best with equity benchmarks making a weak start, then surging to the day’s high, and finally…

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Dr Reddy’s has gained after announcing a partnership with GSK.The stock opened at Rs 715 and slipped into the red to Rs 705. However, it surged to a high of Rs 748, up 6% from the day’s low. It is now trading up 5% at Rs 745. Around 19,886 shares have changed hands at the coun…

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IVRCL Infrastructure and Projects touched an intraday high of Rs 331 and an intraday low of Rs 305. At 10:59 am, the share was quoting at Rs 328, up Rs 8.90, or 2.79%. The company has bagged order worth Rs 432 crore, reports CNBC-TV18. It was trading with volumes of 386,873 shares. Yest…

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LIC Housing Finance today sold 18.3 per cent of stake in LIC Mutual Fund to Japanese Financial services company, Nomura, expecting to garner Rs 138-crore.”As per the agreement between LIC and Nomura, we are selling 18.3 per cent out of the total stake of 38.3 per cent in LIC Mutual …

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MUMBAI: The buoyant sentiment in the secondary market is having a rub-off effect on the activity in unlisted stocks. Oil India, BSE, Orissa Mineral, DSE, Sistema Shyam Tele are some such stocks, which are seeing renewed trading interest. Most of these are IPO-bound companies, whose plans…

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