Preferential issue: As board decides Den Network spurts 10%

NEW DELHI: Den Network shares saw a 10 % discharge in Friday's trade after the company said the board 
members would review & approve the plan for preferential issue of equity shares next Tuesday. 

Following the news, the stock surged 9.99 % to hit a higher of Rs 79.80 on BSE. At prevailing price, the scrip is trading below 14-day, 50-day and 200-day easy moving averages, data available with database Capitaline indicates. 

The company accused a net loss of Rs 57.31 cr for the June quarter, compared with a Rs 50.75 cr loss during the corresponding quarter last year. Sales for the quarter grew 23.95 % to Rs 236.97 crore from Rs 191.18 cr in the same quarter last year. 

In FY16, broadband subscribers for DEN Networks spread to 95,000 from 23,000 in FY15. For peer Hathway Cable & Datacom subscriber base pushed to 627,200 from 455,800 in FY15, and SITI Cable Network to 132,000 from 60,000, suggesting a growth in broadband penetration.

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Today's stock market updates 19 Feb, 2016

Telecommunication stocks reformed in the trading session after reports emerged that Telecom  Commission may discuss the liberalisation of 800MHz spectrum in circles that lack market-determined prices. in the meantime, energy stocks witnessed heavy selling with Hindustan Petroleum & IOC losing the most.

Banking sector shares earned for the 2nd straight day, with public sector banks taking the lead. The gov is about to set up a "bad bank" to take over the non-performing assets.

Talking about specific stocks, Jet Airways went high as much as 2.82 per-cent after media reports told that the UAE-based Etihad Airways, which has 24 per-cent stake in Jet Airways, is going to increase its holding to 49 per-cent.

SpiceJet overflowed more than 4.11 per-cent after the company showed highest ever passenger load factor for the 9th consecutive month.

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Today, Sensex ended down by 262.08 points

Today, the market has ended low. The Sensex ended down 262.08 pts or 1.1 per-cent at 23758.90 while the Nifty down 82.50 points or 1.1 per-cent at 7215.70.

Around 638 shares are ahead, 2010 shares went down, and 109 shares are same. L&T, Coal India, Maruti, Reliance and Tata Steel were top-most gainers while The Tata Motors, SBI, Hindalco, Cipla & Adani Ports were losers in the Sensex.

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Sensex, nifty & share market updates for 9 Feb, 2016

The S&P BSE Sensex tumbled as much as 368 pts to slide below its critical support level of 24,000 in today's morning trade, led by losses in TCS, Infosys, ICICI Bank, ITC, and HDFC.While, the Nifty-50 cracked over 100 points to break below its crucial support level of 7300, weighed down by losses in IT, metal, banks, auto, and FMCG stocks.

Shares of IT industry majors like Infosys, Tata Consultancy Services tumbled up to 4 per cent after global IT major Cognizant provided weak earnings guidance.

Japan's 10-year yield strikes zero for the 1st time ever while yen surged to over one-year high against the USD on secure haven buying. Mcx Crude oil traded with mild gains shrugging off the selloff in the world equity markets. The Brent price for April delivery stood at $33.12 per barrel.

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Nifty regains 7,400, Crude oil jumps 4 Feb, 2016

Today,  S&P BSE Sensex overflow by more than 200 points in morning trading, led by gains in RIL, Infosys, HDFC, L&T, and ITC.

The Nifty-50 rolled over 60 pts to reclaim its critical level of 7400, supported by gains in capital goods, banks, auto, IT and metal sectors .

The broader market earned in line with benchmark indices with the BSE midcap and BSE smallcap indices traded higher by 1.15 and 0.98 per-cent, respectively.

Shares of IOC(Indian Oil Corporation) rolled over 6 per-cent while those of Pfizer moved up above 5 per-cent. Meanwhile, stocks of Crompton Greaves traded higher by 2.2 per-cent after cracking 23 per-cent on yesterday.

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Nifty, Sensex recovers little bit today 14 jan, 2016

Today, Sensex is down 147.90 pts or 0.6 per-cent at 24706.21, while the Nifty down 49.15 points or 0.6 per-cent at 7513.25.

Around 485 shares have advanced, 1775 shares down, and 105 shares are unchanged.

Top gainers are - Infosys, Lupin, Dr Reddy's and TCS while Tata Steel,Hindalco, Tata Motors, Axis Bank and L&T are among losers in the Sensex.

The INR(rupee) fell to its weakest since Sep 2013, when the country was still in the midst of its worst market turmoil in more than last two decades, tracking falls in most Asian currencies against the USD as oil prices tumbled.

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BSE Share tips : Infosys, TCS, Shares Surging 14 Jan, 2016

Two days after market leader TCS(Tata Consultancy Services) posted unimpressive numbers, Infosys  registered a sharply contrasting performance, continuing with its newely run of good fortune & posted a stellar set of numbers that blew past market observations in a traditionally weak quarter and lifted its full-year guidance.Click For Share tips

Today, Shares of Infosys surged as much as 5% in morning trading on the BSE. At 9.41am, Infosys shares trading near Rs.1127.45, went up over by 4%.

FY16 revenue was increased to 12free stocvk.8%-13.2% in constant currency terms. Actual revenue growth is estimated between 8.9-9.3%.

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Shares, Apple gives $10.3 million to CEO Tim Cook in 2015

Apple Inc Chief Executive Tim Cook's compensation went high by 11.5 per-cent to USD 10.3 million in 2015, the company told yesterday, a year when its sales grew by 28 per-cent and profits by 35 per-cent but its Shares fell down for the 1st time since year 2008.

Chief Financial Officer's annual compensation increase around 81 per-cent to USD 25.3 million in 2015. In fact, Cook was the lowest-paid of the company's top executives. Angela Ahrendts, the senior vice president for retail & online stores, was the highest paid, with a total pay package of  25.8 million USD Cook's base pay increased about 14.4 per-cent to USD 2 million past year, while non-equity incentive compensation went high nearly 19 per-cent to USD 8 million.

Apple had a good year for the most part under Cook. The iPhone still continued to see record sales. The company strikes a rough patch towards the end of 2015.

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Today Sensex up, Tata Steel, Vedanta, Sun Pharma are gainers 23 Dec, 2015

 The Sensex went up-wards 226.75 points or 0.9 per-cent at 25817.40, while the Nifty also goes up 62.65 pts or 0.8 per-cent at 7848.75. Around 1392 shares have ahead, 277 shares went down, and 81 shares are unchanged. The market has opened strong following positive Asian cues.

Top gainers in the Sensex - Tata Steel, Vedanta, Sun Pharma, Hindalco and GAIL.

Today Stocks in news:- Tata Steel, Orchid Pharma, Chambal Fert, Piramal Enterprises, SAIL, Ultratech Cement, Jai Corp, Tech Mahindra.

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