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GMR Infrastructure led with a 44% gain; SBI was up 35% and oil companies IOC, HPCL and BPCL rose 34%, 30% and 24%, respectively on hopes of freer pricing
Gainers: GMR Infrastructure has won a Rs1,460-crore order for the Hyderbad-Vijayawada four-lane highway project. The stock surged 44%. Navbharat Ventures and State Bank of India (SBI) were up over 35% each. SBI is gaining momentum on rumours...
Axis Bank gained 18% and ICICI Bank was up 20%; Maruti has continued to record great growth and Cairn Energy rose on the back of rising crude prices
Gainers: Crude prices are rising again, trading as high as $60 a barrel during the past fortnight. On the back of this rally, Cairn India gained 11%. Lupin settled an ongoing dispute with Wyeth relating to Venlafaxine extended release capsules, a...
Axis Bank zoomed by 18%, Punjab National Bank shot up 20% and Shree Renuka Sugars jumped by 15%; Petronet gained on the back of its ambitious plans
Gainers: Petronet LNG has tied up with Gorgon Project, Australia, for the supply of 1.5 million tonnes of fuel annually for the next 20 years starting 2014. Petronet will import this fuel at its Kochi terminal which is under construction. After...