Thursday 27 August 2015

DURING THE MARKET

👉 Cairn India rises 6.6 percent; builds on gains of previous two sessions

👉 NSEI block deal: M&M 50,100 shares at 1219.00 INR

👉 Bank of Baroda and Kotak Mahindra Bank up more than 2 percent, ICICI Bank and SBI rise nearly 2 percent - top BSE bankex gainers

👉 Vedanta up more than 6 percent, HDFC adds 5.4 percent, Lupin rises 3.2 percent - top Sensex gainers
India's bankruptcy draft law to be ready by mid-October - Mint

👉 China's yuan edges up against the dollar by midday as a recovery in the country's stock indexes boosts sentiment on the currency in spite of a weaker midpoint

👉 The exodus of China's 'sea turtles' are being blamed for its stock market chaos. Read more here.
Sensex rises around 300 points. Markets may remain choppy today as traders rollover their positions on the day of August derivatives expiry.

👉 Hathaway Cable & Datacom shares surge nearly 11 percent

👉 L&T Infotech to file draft IPO papers by early Sept, reports Mint

👉 BHEL falls almost 4 percent, Tata Motors down 1.8 percent, Bajaj Auto slips 1.5 percent - top Sensex losers

👉 Citi downgrades Maruti Suzuki to "neutral" from "buy", sees downside risks to earnings driven by heady valuations, moderate domestic demand and dissipating FX tailwinds. Maruti shares flat in trade.

👉 Activity in China's manufacturing sector likely shrank at its fastest pace in three years in August, a Reuters poll suggested. China's PMI data is due on September 1.

👉 Unitech, Ashok Leyland, Suzlon Energy and Jaiprakash Associates are among the top traded shares on Sensex

👉 New York Fed President William Dudley has said a rate hike by the Fed in September seems less appropriate given the threat posed to the U.S. economy by recent market turmoil.

👉 National Buildings Construction Corp up more than 4 percent to 978 rupees. The stock touched its 52-week high of 1,214.50 rupees on Aug. 6, 2015.

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