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At- 6220-6230
Tgt – 6265,6280
SL – 6208
Ashoka Buildcon made a positive debut and snapped the session at Rs 330.75, a premium of 2.08% or up by 6.75 points as against its issue price of Rs 324, on NSE. The shares of the company opened at Rs 342 and touched a high and a low of Rs 362.70 and Rs 308.10 respectively. A total of 1,45,86,970 shares were traded on the counter. Trading Members of the Exchange are hereby informed that effective from October 14, 2010, the equity shares of Ashoka Buildcon Ltd (Scrip Code: 533271) are listed and admitted to dealings on the Exchange in the list of B Group Securities. For further details please refer to the notice no 20101013-40 dated October 13, 2010.
Shares of Infosys Technologies climbed to a new all-time high on Thursday, a day ahead of the IT major's second-quarter results, as investors snapped up software stocks amid expectations of another robust quarterly results. The BSE IT index is among the top gainers, up 1.3%, even as the main stock indices erased most of the early gains. The IT index touched a new 52-week high today as well. It is up about 9% in the past one month and has risen 42% in the last 12 months.
Axis Bank Ltd. has announced unaudited results for the quarter ended September 30, 2010. The Mumbai-based private bank has posted a net profit of Rs. 7.35bn for the quarter under review compared to Rs. 5.32bn for the quarter ended September 30, 2009.Net Interest Income (NII) for the reporting quarter stood at Rs16.15bn versus Rs11.50bn in the same quarter a year earlier.