“BUY
TPLPLASTEH AT 540 TGT 550/560 SL 530”
Markets extended gains to hit fresh
multi-month highs with infrastructure stocks gaining the most after the government on Wednesday new
norms for the construction sector that will help in quicker resolution of
disputes to kick-start stalled projects and make access to financing easier. The
Sensex ended up 109 points at
28,452 and the Nifty rose 42 points to settle at 8,786.Delta Corp
tumbled 4.9% to Rs.154.50 on the BSE. Delta
Corp Limited is going to acquire Gauss Network, which owns adda52.com, the
company said in BSE filing. Hindustan Construction Company Ltd hit 20% upper
circuit at Rs.27.50. Simplex Projects Ltd rallied 10.4% to Rs.29 on the BSE.
Kotak Mahindra Bank jumped 2.8% to
Rs.807. The bank said the Reserve Bank had granted approval to Canada Pension
Plan Investment Board to buy stake in excess of 5% and up to 5% in the bank.
GLOBAL MARKET:
On the global front, Asian stocks closed on mixed note. The Nikkei 225
and Hong Kong’s Hang Seng index closed lower. Shanghai Composite index closed
in green.European stocks were mixed today as global markets gear up for
Friday's US jobs report. The FTSE 100 and the CAC 40 were trading lower by
0.25% each. DAX was trading up 0.48 %.
TOP GAINERS:
Company
|
Group
|
Current Price
|
% Change
|
RBL Bank
|
B
|
300.70
|
+ 33.64
|
Deepak
Nitrite
|
B
|
114.90
|
+ 13.88
|
Rane
Brake Lining Lt
|
B
|
797.75
|
+ 10.00
|
Upper
Ganges Sug
|
B
|
427.45
|
+ 9.88
|
Dr.
Lal Pathlabs Ltd
|
B
|
1,090.75
|
+ 8.64
|
Simplex
Infrastructu
|
B
|
318.90
|
+ 8.47
|
Company
|
Group
|
Current Price
|
% Change
|
Kiri
Industries
|
B
|
289.15
|
-13.05
|
Nahar
Indust.Ent
|
B
|
105.00
|
-7.16
|
Star
Paper Mills
|
B
|
95.20
|
-4.99
|
Aditya
Birla Fashion
|
B
|
159.00
|
-4.16
|
Vardhman
Holdings
|
B
|
1,360.00
|
-3.94
|