A large block deal took place in Granules India on Friday, with roughly 5.3 percent equity stake in the pharmaceutical company changing hands for Rs 1,160 crore. Around 1.33 crore shares were sold at Rs 872.5 apiece in the block deal window, a discount of around 3 percent to Granules India's previous closing price of Rs 899.25.The transaction comes after reports on Thursday said promoter Krishna P...

Stock-specific action remained in focus on Dalal Street on September 11, with investors reacting to corporate developments and brokerages view.Neogen Chemicals share price fell 4?ter company launched its qualified institutional placement (QIP) and set the floor price at Rs 2,189.73 per share. It may offer a discount of up to 5 percent on the floor price.Shares of Shankesh Jewellers added 12?ter co...

Equity benchmarks rebounded 0.2 percent on September 10 after a three-day correction, but market breadth remained weak. About 2,002 shares declined, compared with 1,238 advancing shares on the NSE. The market is expected to remain under bearish pressure amid rising oil prices and fears of a prolonged Iran war. Here are some short-term trading ideas to consider:Mahesh M Ojha, Vice President Researc...

HDFC Bank Ltd. is barely holding on to its position as the most influential stock on India’s equity benchmark as a leadership upheaval and governance concerns deepen a selloff.The country’s most-valuable lender’s weighting in the NSE Nifty 50 Index has shrunk to 9.81%, narrowly ahead of rival ICICI Bank Ltd.’s 9.34%, according to the latest data tracked by Bloomberg. The gap exceeded four ...

Sun Pharmaceutical Industries shares edged higher in early trade on September 2, stabilising after a nearly 3 percent fall in the previous session, as brokerages assessed the impact of the drugmaker's Most Favored Nation (MFN) pricing agreement with the US government.The stock was trading 0.36 percent higher at Rs 1,936 in early deals after falling 2.8 percent on Tuesday. Bernstein and HSBC retain...