Padmalaya
gains as selling stops
Mumbai: After being hammered down heavily over the
last one month, Padmalaya Telefilms gained sharply on
Tuesday. The stock closed at Rs 51.95, up 14.30 per cent
with volumes of 1.95 lakh shares on the BSE. On the NSE,
the stock closed at Rs 52, up 14.04 per cent with volumes
of 4.39 lakh shares.
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Reliance
recovers on talk of petro products export
Mumbai: The Reliance Industries stock on Tuesday recovered
some ground on reported increase in exports of petroleum
products at increased prices.
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Negatives
overweigh DRL
Hyderabad: Dr. Reddy's Laboratories has been volatile
in the past few weeks. Despite a positive announcement
that the company has filed an ANDA (Abbreviated New Drug
Administration) with the United States Food and Drug Administration
for Olanzapine, the counter still seems to be gripped
over the company's past failures in licensing molecules.
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Market
reverses six-day losing streak
Mumbai: The BSE Sensex managed to finally put the
six-day losing streak behind it on Tuesday. In a volatile
trading day, the Sensex ended in the positive territory,
appreciating by 29.03 points or 0.93 per cent to close
at 3154.91 points.
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Rupee
firm; gilts up
Mumbai: The rupee was almost unmoved from Monday's
levels in the currency markets on Tuesday. It ended the
day at 47.6450/6500 against the dollar as compared to
the previous day's closing level of 47.6450/6550.
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