Bharti Airtel Jumps 6%, Hits 52-Week High

 Sharemasterindia.com: Bharti Airtel shares jumped as much as 6 per cent to hit 52-week high of Rs 452.45 on Tuesday after the company said that it has entered into exclusive agreement with France's Orange to explore the sale of its four African subsidiaries.
 
In a release to the exchanges, India's largest telecom operator said, "Orange and Airtel have entered into an exclusive agreement to explore the possible acquisition by Orange of Airtel's subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone."

HDFC Bank Q1 Net Up 21%, Bad Loans Rise

 

Mumbai(Sharemasterindia.com): HDFC Bank, India's second-biggest private sector lender by assets, reported on Tuesday a 20.7 per cent rise in quarterly profit, lagging estimates, as bad loans rose.
  The Mumbai-based lender said net profit rose to Rs 2,696 crore for its fiscal first quarter to June 30, from Rs 2,233 crore reported a year earlier.

Infosys Posts Best Sales Growth in 15 Quarters, Shares Jump 15%

Sharemasterindia.com: Infosys on Tuesday reported a better-than-expected performance in its first quarter, beating analyst's estimates on almost all performance metrics. More importantly, Infosys reported its best sales growth in 15 quarters, leading to a 15 per cent bump-up in its shares. India's second biggest outsourcer reported a 4.4 per cent rise in constant currency revenue growth, beating estimates of 2.5-3 per cent growth.
Here is what Infosys Management Said on Q1

Ace Investment Advisory's Hot Stocks for 21.07.2015

Ace Investment Advisory's Hot Stocks for 21.07.2015

TECHM @ 500.80

Buy TECHM above 500.80 with strict stoploss below 495 for intraday targets 504/511

Read more Intraday Hot Stock Trading Tips

Live: Sensex Off Day's Low, Nifty Reclaims 8,600 on Buying in IT Heavyweights

Sharemasterindia.com 3:26 p.m.: BSE realty index falls over 2 per cent; Prestige, DLF, Indiabulls Real Estate, Sobha, HDIL and Unitech were among the losers, down 1-5 per cent each.

3:15 p.m.: Selling in markets again picked up pace in late trades. The Sensex was down 72 points at 28,391 and the Nifty was down 10 points at 8,599.

3:06 p.m.: Pantaloon Fashion & Retail shares were up 14.5 per cent at Rs 223.30. Meanwhile, the company has clarified that the company has now entered into a commercial arrangement with Flipkart, whereby products of the exclusive brands of the Company, will be sold through Flipkart.