Sensex, Nifty drifted little high in early trade led by gains with the NSE Nifty rising 10.30 points or 0.10% at 10,434.10 while BSE Sensex gained 33.76 points or 0.10% to start at 33,608.98 at 10.25 am today, 3 Nov. 2017.
Bharti Airtel Ltd shares were the lead gainer on both Sensex and Nifty, jumped 3.97% to hit a fresh ten-year high of Rs. 564.8 subsequent on the Bharti Telecom acquired 4.62% stake in Bharti Airtel in a block deal.
Stock News: Punjab National Bank, Hindalco, Tata Power, Titan Watch Company and UCO Bank are among the companies that will be announcing their Q2 earnings today.
Shares of Vedanta Ltd hit a fresh 52-week high, rising its shares by 1.64% to Rs 346.4 on NSE after the company reported a 43% growth in consolidated net profit at Rs 2,036 crore for the Q2 Fy17 led by higher production and strong commodity prices.
Punjab National Bank reportedly has given its approval for partial stake sale in arm PNB Housing Finance and entire stake sale in Principal PNB AMC.
AU Small Finance Bank has got sanction from RBI to operate as Scheduled Commercial Bank. Its name has already been enrolled in the Second Schedule of RBI Act, 1934.
Dr Reddy’s Laboratories has announced that it has launched generic Azacitidine for injection, a cancer treatment drug, in the markets at Canada.