⭐ Suven Life Sciences: The Hyderabad-based drug maker rose as much as 5.7 percent, the most in over two months, to Rs 180.60. Trading volume was 13.6 times its 20-day average.
⭐ Take Solutions: The Chennai-based IT company rose as much as 8.5 percent, the most in over five months, to Rs 189.95. Trading volume was 11.8 times its 20-day average.
Gold Silver Reports (GSR) – Stocks in Asia fluctuated — Chinese equity markets reopen after a holiday, though there seemed to be little reaction to President Donald Trump’s order for a review of additional tariffs that prompted an aggressive response from China. Hong Kong equities outperformed. The yen fluctuated ahead of remarks Monday by Bank of Japan Governor Haruhiko Kuroda at the start of his second term. While Friday’s selloff left U.S. stocks teetering on a key support level, futures on the S&P 500 Index climbed in early trading.
Gold Silver Reports (GSR) – Stocks in Asia Looked Set to Fall After a Decline in U.S. Equities — Futures on equities in Japan and Australia fell, while those in Hong Kong nudged higher. Chinese equity markets are due to reopen after a holiday, with traders getting their first chance to react to President Donald Trump’s order for a review of additional tariffs that prompted an aggressive response from China. While Friday’s selloff left U.S. stocks teetering on a key support level, futures on the S&P 500 Index climbed in early trading.
JC Sharma, Managing Director At Sobha Speaks Key highlights from the conversation: ⭐ Cochin and Chennai market contributed to traction. ⭐ See rise in sales from Bangalore in …
Shares of the auto parts maker fell as much as 8.9 percent, most in almost eight months, to Rs 89.4 which was the lowest level achieved in a little over nine months. An investor in Sona Koyo Steering Systems Ltd., JTEKT Corporation Ltd., has proposed to sell up to 35 lakh shares to retail and non-retail investors on both the exchanges, according to the company’s exchange filing.
Gold Silver Reports (GSR) – Shares of the alcohol manufacturer rose as much as 6.6 percent to Rs 1,200, its highest level in three months. The board of GM Breweries Ltd. has recommended a dividend at the rate of 30 percent or Rs 3 per share, the company said in an exchange filing. The board has also recommended a bonus issue of shares in the ratio of 1:4.
Gold Silver Reports (GSR) – Metal Stocks Forecast Rebound Sharply From Yesterday’s Fall – Shares of the metal companies rebounded sharply from yesterday’s decline as concerns about a trade war between the world’s two largest economies eased after the U.S. and China signaled room for talks.