Indices traded with strong gains, tracking positive sentiment from global markets in morning trade. The Nifty scaled 17,250 level and edged higher. All sectoral indices on the NSE were trading in the green with banking, financial and realty shares surging the most. At 10:25 IST, the barometer index, the S&P BSE Sensex, jumped 1,003.34 points or 1.77% at 57,819.87. The Nifty 50 index rallied 285.5 […]
PNC Infratech rose 2.92% to Rs 252.25 after the company announced the receipt of Rs 82.68 crore towards bonus for early completion of one of its EPC projects from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA).
Jindal Poly Films rose 1.56% to Rs 1,298.15 after the firm said that it has signed an agreement for the sale of a minority stake in its packaging films business to Brookfield Asset Management (Brookfield) for Rs 2,000 crore.
One interesting factor that is very illustrative of the institutional investor mood is the equity buying and selling by the biggest AMCs in the business.
PTC India Financial Services (PFS) jumped 4.24% to Rs 17.20 after the company said it is expected to realize over dues from Danu Wind Parks as High Court of Andhra Pradesh has directed DISCOM to clear dues as per PPA rate.
DLF Cyber City Developers Limited (DCCDL) is a material subsidiary of DLF.
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