Infosys closes at Rs 8,246 on BSE
On the eve of its first half results, Infosys crossed the Rs 8000-mark with the lead given once again by the ADRs which surged by over $ 20 on Wednesday on the Nasdaq. On the BSE, the stock closed at the day's high of Rs 8246, hitting the upper end of the circuit.
Party ends in engine stocks, but do not exit in panic
A 40% hike in diesel prices has cut short the rally in the stocks of engine manufacturers which were rising on the hopes of an economic revival. But investors should not exit in panic as the fall in the prices might be arrested in the euphoria for a stable government at the Centre.
Reliance GDR at record levels
RIL GDRs during the mid-session on Thursday hit all-time high of $ 15. Compared to its BSE closing price of Rs 249, the GDRs were trading at a premium of 31%.