Oct 29, 10:03 AM (IST)
Buzzing stock: Shares of Granules India are higher by 2 percent even as its arm,  located in Virginia, US, completed FDA inspection with two Form 483 observations.

The BSE Sensex rose over 200 points in the opening trade and NSE’s Nifty 50 rose near the 10,100 level, they soon trimmed the gains and traded marginally higher led by banking and pharma stocks. ICICI Bank shares rose over 5% after the company’s September-quarter results. Asian shares bounced from last week’s steep declines on Monday, though sentiment remained fragile amid heightened worries about corporate earnings and a slowdown in global economic growth. However, continued foreign capital outflow weigh on the market sentiment. Foreign investors have pulled out a massive Rs 35,600 crore from the Indian capital markets this month.

Oct 29, 09:42 AM (IST)
Buzzing stock: Shares of Granules India are higher by 2 percent even as its arm,  located in Virginia, US, completed FDA inspection with two Form 483 observations.

Oct 29, 09:32 AM (IST)
Divis Labs soars 12% Shares of Divis Labs are surging in trade today morning. The stock is up around 12 percent. Here is a look at its intraday chart.

9.45 am IST
Granules India shares up 3% as USFDA completes inspection Shares of Granules India rose as much as 3.20% to Rs 95 per share after the company disclosed that the USFDA has completed an inspection at the company’s US unit, Granules Pharmaceuticals Inc., with two Form 483 observations.
ICICI Bank soars 6% Shares of ICICI Bank rose over 6 percent as investors are reacting to its September quarter performance. Take a look at its intraday chart.

9.27 am IST
Divi’s Labs shares jump 9% after quarterly earnings Shares of Divi’s Laboratories Ltd surged as much as 9.25% to Rs 1369.90 after the company reported a 92% jump in its net profit for the September quarter to Rs 398 crore, while revenue surged 44% to Rs 1285 crore.

9.22 am IST
ICICI Bank shares rise 5% after Q2 results
ICICI Bank shares rose as much as 5.18% to Rs 331.40 after the bank reported a fall in provisions, slippages and improvement in asset quality. For the quarter, slippages coming down to Rs 3120 crore — the lowest in the past eight quarters. The bank posted a net profit of ₹908.88 crore for the three months ended 30 September compared to ₹2,058.19 crore in the year-ago period. Profit was marginally lower than the ₹949.30 crore estimated by a Bloomberg poll of 20 analysts.

source: livemint.com