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USFDA
nod lifts Ranbaxy
Mumbai: Ranbaxy Laboratories was on a high on Thursday
after the company received a crucial nod from the USFDA
(United States Food and Drug Administration) for one of
its drugs. The stock ended higher by 5.81 per cent at
Rs 617.30 with 3.77 lakh shares being traded on the BSE.
On the NSE, it rose by 5.39 per cent to close at Rs 615.40
with 9 lakh shares changing hands.
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Steel
stocks beat Sensex on first day of war
Mumbai: As the US-Iraq war finally broke out on Thursday
morning, the steel stocks on Indian bourses went in for
a spectacular rally beating the market barometer BSE Sensex
by some 0.35 percentage points.
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Divi's
Lab edges up
Kolkata: DIVI'S Laboratories, a new entrant in the
market arena, on Thursday saw a renewal of operators'
interest on major bourses. According to brokers and dealers,
the stock has fared better than other pharma stocks in
the past five sessions since its listing.
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Tata
Engg driven by FIIs
Mumbai: The counter of automotive major Tata Engineering
attracted substantial institutional interest on Thursday.
Interest in the counter came mainly in the form of FII
buying, primarily on hopes of good financial performance
of the company in the next financial year.
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HFCL
slumps 30 pc on talk of FCCB shares sale
Mumbai: Himachal Futuristic Communications Ltd (HFCL)
fell over 30 per cent in the last five trading sessions
on market talks that the foreign currency convertible
bonds (FCCBs) that were recently converted into equity
shares are being sold in the market.
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Satyam
jumps on business confidence report
Chennai: Satyam Computer registered huge volumes on
the bourses on Thursday even as hostilities against Iraq
commenced. Satyam Computer ended the day at Rs 205.70,
up 5.87 per cent with around 1.02 crore shares traded
on the BSE. On the NSE, the stock closed at Rs 205.15,
up 5.26 per cent with around 2.57 crore shares traded.
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500
more cos asked to provide data electronically
Mumbai: The Securities and Exchange Board of India
(SEBI) has added 500 more companies to the list of companies
that are required to file documents and statements in
electronic format with the market regulator.
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US-Iraq
war fires up Sensex; techs recover
Mumbai: The benchmark indices surged to close with
gains, in spite of the US-Iraq war started on Thursday.
The BSE Sensex rose 71.75 points to close at 3192.9 points
as compared to Wednesday's close of 3121.2.
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Re
recovers after 12 paise fall
Mumbai: The rupee nosedived on Thursday losing 12
paise from opening levels against the dollar due to panic
demand by corporates and banks. This follows the start
of the war with the US missiles targeting Baghdad.
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Dow
gains for 7th session in a row
Mumbai: US stocks rose in volatile trade on Thursday,
giving the blue-chip Dow and the S&P 500 their first
seven-day rallies since August 2000, as investors bet
that the U.S.-led war on Iraq will be over swiftly.
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