Tag Archives: GMR Infra

Foreign institutional investors (FIIs) made substantial purchases

Key benchmark indices edged higher in choppy trade, with the market sentiment boosted by data showing that foreign institutional investors (FIIs) made substantial purchases of Indian stocks on Friday, 28 March 2014. The barometer index, the S&P BSE Sensex, close up 46.30 points or 0.21%, up about 130 points from the day’s low and off close to 80 points from the day’s high. The market breadth, indicating the overall health of the market was strong. The BSE Mid-Cap and Small-Cap indices gained more than 1% each, with both these indices outperforming the Sensex.

NIFTY Techincal Chart

Who Moved and Why

1) Emami Paper gains after allotment of preference shares to promoters.
2) Bhel recovers after winning new order.
3) Tata Motors gains on price hike buzz.
4) Jain Irrigation gains on buzz it may sell stake in food processing unit.
5) Suzlon Energy jumps on buzz it may list German arm on LSE.
6) L&T gains after winning new orders.
7) GMR Infra jumps after unit files for IPO.

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/31_march_Daily__Market_Review_Equity_Bell.pdf

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GMR Infra takes off on prospects of exit from Istanbul airport project!

Key benchmark indices edged lower, snapping two-day winning streak. The barometer index, the S&P┬áBSE Sensex, close down 68.32 points or 0.32 %, up about 20 points from the day’s low and off close to 125 points from the day’s high. The market breadth, indicating the overall health of the market, was positive. Metal and mining stocks edged lower. Shares of Sesa Sterlite dropped on reports Central ureau of Investigation (CBI) has started a probe into possible irregularities in its stake buy in Hindustan Zinc. Most banking stocks edged lower.

Who Moved and WhyGMR

  • Infotech Enterprises retracts from record high.
  • L&T, L&T Finance Holdings edge higher.
  • Alstom T&D India surges 8.7% in 3 days.
  • Marico inches up amid volatility after a block deal.
  • Kirloskar Electric gains after delivery of a transformer in Vietnam.
  • GMR Infra takes off on prospects of exit from Istanbul airport project.
  • T D Power Systems turns volatile after bulk deals.

Read detail analysis report here: – http://rrfinance.com/Reserch/Pdf/07-July/DMR/24th_Dec_equity_closing_update.pdf

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