Wednesday, 5 August 2015

Tata Steel jumps 4%, Vedanta up

Tata Steel rallied more than 4 percent as Tata Sons will buy 2.18 percent stake in Titan Company from Tata Steel at Rs 352.10 per share. 
Vedanta and Hindalco Industries climbed over 2 percent. Shares of Infosys, HDFC, TCS, Lupin, Wipro, ONGC, Bajaj Auto, Cipla and Hero Motocorp advanced more than a percent. 
Bharti Airtel jumped 2 percent on strong set of numbers in Q1. Profit grew by 24 percent on Africa tower assets sale and strong India business. 
However, GAIL fell another 0.7 percent (in addition to 2.5 percent loss in previous session) on buzz of divestment by the government.

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