Stockwatch
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Sun TV Network ends 22% lower after govt denies security clearance for channels
Prasannad •Sun TV stock has crumbled 47 percent from its 52-week high level
NTPC, IOC trend down as govt approves stake sale
Fp Archives •According to BSE data, the market capitalisation of NTPC stood at Rs 1,11,313.77 crore while that of IOC was Rs 79,321.21 crore as of today.
Jet Airways' shares rise over 4% on fund raising plans
Fp Archives •At close, shares of Jet Airways ended 0.67 percent higher at Rs 412.60 on the BSE. During the day, it rose by 4.18 percent to Rs 427.
RIL shares climb over 4% on LIC stake hike, earnings optimism
Fp Archives •The scrip ended the day with a gain of 4.39 percent at Rs 901.65 on the BSE. During the day, it surged 4.95 percent to Rs 906.50.
ITC shares tumble 5% as govt hikes excise duty on cigarettes
Fp Archives •Other cigarette stocks also faced selling pressure. VST Industries fell by 3.79 percent, Golden Tobacco was down 3.21 percent and Godfrey Phillips India Ltd lost 1.79 percent on the BSE.
Rakesh Jhunjhunwala hikes stake in Polaris, scrip moves north on move
Fp Archives •At 3.12 pm, the stock was trading 2.88 percent high at Rs 171.20 than last close. In the intra-day session so far, the share rallied between Rs 170.55 to Rs 177.40 when this report was being written.
Maruti's shares jump after sales rise in December
Fp Archives •Following the release of strong sales numbers, shares of Maruti were trading 0.50 per cent higher at Rs 3,344 in an otherwise weak general market.
Tata Motors down 4% after MD Karl Slym falls to death
Fp Staff •Tata Motors fell almost 4 percent in the morning trade today following the news of its managing director Karl Slym's death.
All Ranbaxy drugs made in India banned from US, stock crashes 20%
Fp Staff •Staff at the Toansa facility were found to have retested raw materials and other ingredients after the items failed analytical testing "in order to produce acceptable findings," and did not report or investigate the failures, the FDA said.<br /><br />
RBI housing loan directive pulls realty shares down. Here's why
Fp Staff •Analysts say this may lead to further liquidity issues, lower sales for developers, which can force them to cut prices.<br /><br />