Srei Infra Surges on Rs 200 Crore NCD Issue

Sharemasterindia.com: Srei Infrastructure Finance shares rose over 4 per cent to hit an intraday high of Rs 35.75 on Tuesday, following the company's plans to raise Rs 200 crore via non-convertible debentures (NCDs) in its efforts to reduce finance costs.

NCD is a debt instrument that cannot be converted into share or equity.

Mortgage finance company Srei Infrastructure informed in a filing to the BSE on Tuesday the NCD issue will consist of 20 lakh secured, redeemable NCDs of face value of Rs 1,000 each.

Live: Sensex Jumps Over 150 Points, Nifty Above 8,350 in Late Trades

Sharemasterindia.com 3:30 p.m.: The Sensex provisionally closed 136 points higher at 27,781 and the Nifty jumped 52 points to provisionally settle at 8,370.

3:25 p.m.: The European markets were trading with a negative bias. Gemany's DAX was down 0.3 per cent, French CAC 40 Index slipped 0.2 per cent and Britain's FTSE 100 fell 0.6 per cent.

3:23 p.m.: Idea Cellular, Coal India, Zee Entertainment, Lupin, Sun Pharma, Tata Steel, HUL, ACC, Kotak Mahindra Bank, ITC, IndusInd Bank and Bharti Airtel were among the top gainers on the Nifty.

Nifty Gainers/ Losers

 Nifty Gainers/ Losers

Gainers
Symbol	LTP	% chng	Volume
ZEEL IDEA TATASTEEL COALINDIA ULTRACEMCO	369.40 176.25 306.30 420.70 2,996.05	3.72 3.59 3.37 3.19 3.14	30,53,706 41,63,765 30,60,545 92,38,300 4,11,440

Losers
Symbol	LTP	% chng	Volume
TCS TECHM WIPRO GAIL ICICIBANK	2,555.00 476.70 545.25 392.50 308.00	-1.46 -1.38 -1.29 -1.17 -1.03	7,74,422 1,23,68,141 15,70,043 11,38,640 1,37,46,146

Do visit for: NSE Top Gainers & Losers

Marksans Pharma Surges 10% on Acquisition of US-Based Time-Cap

New Delhi(Sharemasterindia.com): Marksans Pharma shares rose over 9 per cent to touch an intraday high of Rs 64.40 on Tuesday after the company said that it has acquired US-based Time-Cap Laboratories for an undisclosed amount..

The acquisition was done through its wholly-owned subsidiary, Marksans Pharma.

With this move, the company is strategically increasing its presence in the US market, the largest pharmaceutical market in the world, Marksans Pharma said in a filing to the BSE.

Sun Pharma Gains 3% on Reports of Drug Price Hike

Sharemasterindia.com: Sun Pharmaceuticals shares gained as much as 3 per cent to an intraday high of Rs 874 on Tuesday after reports suggest that the company hiked prices of some of Ranbaxy's drugs in the US market.
 
As per the Intercontinental Marketing Services (IMS) data, Sun Pharma hiked prices of six Ranbaxy branded drugs in the US market in the month of May.

Live: Sensex Trades in Narrow Range; IT Stocks Fall, FMCG Counters Gain

 Sharemasterindia.com 11:36 a.m.: Shares of Kansai Nerolac Paints and Brigade Enterprises gained as much as 8 per cent and 18 per cent each respectively after both the companies struck a land deal.

11:30 a.m.: IT stocks were among the worst hit in trades so far. The CNX IT index slipped 0.7 per cent; TCS, Cyient, Tech Mahindra, Wipro, HCL Technologies and Infosys were among the top losers.

11:00 a.m.: The markets were trading in a narrow range in the late morning deals. The Sensex moved in a range of 192 points and the Nifty touched intraday high of 8,356.45 and low of 8,298.95.

HUL Reorganises Go-to-Market Operations, Creates 14 Consumer Clusters

Mumbai(Sharemasterindia.com): FMCG major Hindustan Unilever (HUL) on Monday said it has reorganised its go-to-market operations from traditional four sales branches to 14 consumer clusters to service diverse consumers across channels and geographies.

The company has termed this initiative 'Winning in Many Indias'.

"This model brings us closer to our local consumers and provides us with a more granular understanding of consumers and competitors. It helps us serve our diverse consumer base in more differentiated and relevant ways across the country," HUL chairman Harish Manwani said at the 82nd Annual General Meeting.

Coal India Gains Over 2%; Morgan Stanley Maintains Overweight

Sharemasterindia.com: Coal India shares gained over 2 per cent to an intraday high of Rs 416.80 on Tuesday after global brokerage major Morgan Stanley maintained 'outperform' rating on the stock with a target price of Rs 530 per share. This indicates a potential upside of 30 per cent over Monday's closing price.
 
Morgan Stanley says Coal India looks much better positioned for growth. The brokerage expects 31 per cent CAGR in the EBITDA (earnings before interest, taxes, depreciation and amortization) of Coal India over FY2015-18, showing conviction in its volume growth and pricing power.

Live: Sensex Flat in Morning Deals; Coal India, HUL Among Top Gainers

Sharemasterindia.com 9:17 a.m.: The Indian markets have opened on a flat note; the Sensex was up 90 points at 27,735 and Nifty jumped 28 points to 8,346.

Buying was seen in FMCG, capital goods, realty, metal and select banking stocks.

From the Nifty-50 basket of stocks, 42 stocks were advancing while 8 were declining.

Sure Shot Hot Stock Intraday Tips (Dated: 30-06-2015)

Sure Shot Hot Stock Intraday Tips (Dated: 30-06-2015)

VGUARD @ 890.35

BUY VGUARD ABOVE 890.35 WITH STRICT STOPLOSS BELOW 879 FOR INTRADAY TARGETS 901/906 

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