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2:15 Bonus: Tata Group's Penny Stock Below Rs 90, Gives 2,821% Returns In 5 Years: Announces Q4 Report Card -
Rs. 240/Share Dividend: May 7 Fixed As Record Date; Buy The IT Stock To Be Eligible? -
1:5 & 1:2 Split, Rs 6/Sh Dividend: Fertilizer Stock Coming Up With 600% Payout; Record, Payment Dates Fixed -
Cube Highways Trust Set to Acquire Seven Highway Assets Worth Rs 5,172 Crore -
1:10 Split, Rs 51 Dividend: Accumulate Tata Stock, TP Rs 170; Big Update On £1.25 Bn Investment -
Tech Mahindra Sets Three-Year Plan for Robust Growth and Market Leadership by FY27 -
Tech Mahindra Q4 Net Profit Falls 41%, Announces Growth Strategy -
3 Bonus, 1:2 Split, 38 Dividends: Rs 1,915 Midcap IT Stock To Pay 360% Dividend After Q4 Profit Rises -
EU Finds No New ETO Cases in Indian Organic Exports Post-Dec 2020 -
1:5 Stock Split Approved: Defence Stock To Be Cheaper Soon, Shares Zoom 507% In 1-Yr
Markets end flat; banks recover from lows
The Sensex ended the day higher by 56 points, while the Nifty closed with a gains of 20 points. Amongst the stocks that had a good session today, included public sector banking stocks led by State Bank of India, which gained more than 1%. Other PSU banks which gained included Andhra Bank with gains of 1.20%, Syndicate Bank with gains of more than 2% and Bank of India with gains of more than 2%.
Index stocks that ended the day with good gains included Reliance Industries, Jaiprakash Associates, GAIL and BPCL.
On the hand the major losers amongst the index stocks were HDFC, IDFC, Tata Power and Cipla.
Among non index stocks shares of Blue Dart Express Ltd plunged following reports that the promoters of the company were to dilute their stake in the company.
Shares of United Spirits gained on reports that the company is nearing a deal to sell 49% stake in the flagship subsidiary, Whyte & Mackay.
Meanwhile, shares in Europe were trading marginally lower awaiting the ECB meet slated for September 6, 2012, in which it is expected that Mario Draghi, ECB President would announce measures aimed at easing problems in the euro zone region.
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