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Buzzing Stocks

Wipro slips 5% as Q2 $ rev growth underperforms peers Wipro underperformed its peers in dollar revenue growth. TCS had reported 6.4 percent, Infosys 3.19 percent and HCL Technologies 1.9 percent growth in dollar revenue on sequential basis.
Thu, 23 Oct 2014 19:17:36 +0530
Morgan Stanley Asia sells 1.05 lakh shares of Tata Sponge Morgan Stanley Asia (Singapore) Pte has offloaded 1,05,307 equity shares of sponge iron producer Tata Sponge Iron at Rs 755.58 apiece through a block deal on the National Stock Exchange on Wednesday.
Thu, 23 Oct 2014 09:58:38 +0530
DLF slips 4.5%; SAT adjourns SEBI case hearing till Oct 30 The realty giant appealed for interim relief from a three-year ban from accessing capital markets by the regulator. DLF lodged its appeal with the SAT, which will conduct its next hearing on October 30.
Wed, 22 Oct 2014 13:45:14 +0530
KPIT Technologies up 10% on strong sequential growth in Q2 The firm reported a 5.8 percent growth in net profit at Rs 70.6 crore for the second quarter ended September 30, 2014-15, helped by revival in spending in the automotive and manufacturing sectors.
Wed, 22 Oct 2014 13:30:23 +0530
Hero Moto at new high; eyes 40-50% sales jump on Dhanteras The company is hoping to see a record 40-50 percent year-on-year growth in sales on October 21 which was Dhanteras, generally considered auspicious to make purchases.
Wed, 22 Oct 2014 11:39:43 +0530
Financial Tech slumps 20% as govt to merge NSEL with it Issuing a draft order for the proposed merger, the government today said the move has been decided upon in "public interest".
Tue, 21 Oct 2014 15:30:00 +0530
PNB slips 4%, Q2 asset quality spooks investors Gross NPA was at Rs 20,752 crore in September quarter, up 6 percent compared to previous quarter and 25.6 percent compared to same quarter last year. Net NPA grew 11 percent sequentially and 21 percent on yearly basis to Rs 11,618 crore in the quarter ended September 2014.
Tue, 21 Oct 2014 14:52:45 +0530
Coal India falls 2%, commercial sale option hurts sentiment Investors of the state-run company are concerned that about the enabling clause within the ordinance that will allow commercial players in the coal mining business, once okayed. It is said this provision will serve as a threat to Coal India to ramp up its production.
Tue, 21 Oct 2014 12:56:08 +0530
Here are top buzzing stocks to watch on October 21 Here are top buzzing stocks to watch on October 21 - JSPL, Hindalco, NTPC, Punjab Comm, Exide, Gold MCX, TBZ and Titan.
Tue, 21 Oct 2014 12:53:18 +0530
Idea falls despite good Q2; CLSA maintains underperform CLSA has maintained its underperform rating on the stock stating re-farming remains a risk to the stock. The brokerage has raising its FY15-17 revenue and EBITDA estimates by 2-3 percent.
Tue, 21 Oct 2014 11:58:31 +0530
Exide Ind plunges further on BoAML downgrade post Q2 nos The brokerage also cut its target price on the stock to Rs 164 from Rs 183, led by 7 percent and 12 percent cut in FY15e and FY16e earnings per share (EPS).
Tue, 21 Oct 2014 11:56:21 +0530
Morgan Stanley sells 1.45 lakh shares of Tata Sponge Iron Morgan Stanley Asia (SINGAPORE) PTE sold 1,45,602 shares of Tata Sponge Iron.
Tue, 21 Oct 2014 08:37:12 +0530
Creador I LLC sells 30 lakh shares of Repco Home Finance On October 20, 2014 GMO Emerging Dom Opportunities Fund bought 9,64,124 shares of Repco Home Finance at Rs 470.
Tue, 21 Oct 2014 08:36:50 +0530
Axis Bank soars 4%, brokerages raise target post Q2 numbers While maintaining outperform rating on the stock, Credit Suisse raised earnings per share estimates by around 2 percent on higher-than-expected net interest margin.
Mon, 20 Oct 2014 13:36:10 +0530
KSK Energy surges 14% after board allots warrants The board has allotted 8,08,08,080 warrants to KSK Power Holdings entitling for subscription of equivalent number of equity shares of Rs 10 each at a price of Rs 99 per warrant.
Mon, 20 Oct 2014 13:03:01 +0530
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Politics

The JMM-led government, supported by RJD and Congress along with smaller parrties and independent MLAs, is ruling the state from July 2013.
Officially, 18 out of 24 districts of the state are naxal-hit while Dumka and Pakur districts reported major Maoist incidents.
"A great effort by @ShashiTharoor! His active participation in Swachh Bharat Mission is very encouraging," Modi tweeted.
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India

A senior central BJP leader, however, said the "final call" regarding renewing the alliance will be taken by the top leadership.
BJP leader Siddharth Nath Singh blamed the Mamata Banerjee government in West Bengal for harbouring terrorists and providing a safe haven for them to execute their terror attacks. Singh said that possibly money in the Saradha scam had reached terrorists of Jamaat-ul-Mujahideen Bangladesh, who then used that money to launch terror attacks in the state. Singh said that Chief Minister Mamata Banerjee should immediately resign after taking moral responsibility for the incident.
The chief minister has sacked 72 chairmen and advisors of different organisations and institutions with immediate effect.
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Tech

Ello, described as the "anti-Facebook" for its stand on privacy and advertising, has become a hot ticket on the Internet.
The deal highlights the rewards and risk of industry trading and speculating in domain names that see high interest following news events.
Sundar Pichai, who has risen rapidly through the ranks since joining Google in 2004, is viewed by many industry insiders as potential CEO material.
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