Gold Silver Reports (GSR) – Indiabulls Ventures Jumps On Heavy Volumes – Shares of the broking services provider jumped as much as 19 percent, the biggest move since Feb. 8, 2017. Trading volume was 16.4 times the 20-day average for this time of day. The stock has risen 45 percent in the past month, compared with the 2.9 percent advance in the Sensex Index.
stock trading tips
Bulls Lifting Indian Stocks Send Sensex Above Key Levels
Gold Silver Reports (GSR) – Bulls Lifting Indian Stocks Send Sensex Above Key Levels – The surge in India’s S&P BSE Sensex Index to a six-week high has pushed it above its 50-, 100- and 200-day moving averages for the first time since the week following the federal budget of Feb. 1.
Breaking News; Supreme Court Halts Reliance Communication Asset Sale
Gold Silver Reports (GSR) – Supreme Court Halts Reliance Communication Asset Sale – Shares of the debt-ridden company fall as much as 4.7 percent after the apex court halted its asset sale. HSBC Daisy Investments and other minority shareholders had moved Supreme Court against National Company Law Appellate Tribunal (NCLAT)’s order that allowed State Bank of India-led bankers to sell mortaged assets of Reliance Infratel, the tower unit of Reliance Communications.
NSE Studying Technical, Legal Aspects of SGX’s India Futures
Gold Silver Reports (GSR) – Indian exchanges had on 9 February decided to bar overseas exchanges from trading in Nifty derivatives, in an attempt to check migration of trades away from Indian exchanges. Two months later, on 11 April, SGX announced a new product which works just like the Nifty index, bypassing the Indian exchanges.
Cipla Shares Rise 4.2% On Heavy Trading Volume
Cipla Shares Rise 4.2% On Heavy Trading Volume – Shares of the drugmaker rose 4.2 percent to Rs 579, the highest level since March 12. Trading volume …
ICICI Bank Block Deal Alert
ICICI Bank Block Deal – ICICI Bank has 12 lakh shares change hands in a block deal Buyers and sellers were not immediately known.
Gruh Finance Gains After Announces Bonus Shares
Gold Silver Reports (GSR) – Gruh Finance Gains After Announces Bonus Shares – Shares of the lender rose as much as 6.5 percent after its fourth quarter net income beat analyst forecast. The company announced the issue of one bonus share for each held. The stock was the second-best performer on the S&P BSE 500 Index. Trading volume was 1.4 times its 3-month full-day average.