Gold Silver Reports (GSR) – Sensex, Nifty Struggle; HDFC Twins Weigh – Indian equity benchmarks were struggling dragged down by HDFC twins and ICICI Bank. However, the losses were capped as IT shares rose tracking weakness in Indian rupee against the U.S. dollar. The S&P BSE Sensex was trading 0.14 percent lower at 34,563 and the NSE Nifty 50 index fell 0.2 percent to 10,590.
Gold Silver Reports (GSR) – IT Index Rises Over 1.5% Tracking Rupee Weakness – Shares of IT companies were trading higher tracking weakness in Indian rupee against the U.S. dollar. Gauge of IT companies on the NSE — Nifty IT index rose 1.57 percent.
Gold Silver Reports (GSR) – Religare Enterprises Surges After Burmans Increase Stake In Company — Shares of the Delhi-based financial services company rose as much as 9.89 …
Gold Silver Reports (GSR) – Teamlease Hits Record High; Edelweiss Capital Initiates Buy – Shares of the Bangalore-based staffing and human resource service provider rose as much …
Gold Silver Reports (GSR) – Fortis Healthcare Rises: Radiant Revises Takeover Bid – Shares of the Delhi-based hospital chain operator rose as much as 1.38 percent to Rs 154. KKR-backed Radiant Life Care Pvt. Ltd. revised its offer for Fortis Healthcare Ltd. after the board of India’s second-largest hospital chain decided it would only consider binding bids.
Gold Silver Reports (GSR) – Raymond Rises On Thane Land Development Plans – Shares of the Mumbai-based textile maker rose as much as 4.54 percent, the most since April 9, to Rs 1,113 after its board approved Rs 300 crore development plan for 20 acres of land in Thane near Mumbai. Meanwhile, Raymond’s net profit in March quarter fell 61 percent to Rs 53 crore while its revenue rose 11 percent to Rs 1,630 crore.