As per an ET report, Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) will seek to raise funds through the sale of fresh equity.
The S&P BSE Oil & Gas index was trading 0.31 per cent up at 15,227.95 around 11:44 am.
Total income of the real estate player jumped 125.70 per cent YoY to Rs 1,203.21 crore in Q4FY19 over Rs 533.09 crore in Q4FY18.
A strong rupee against the dollar makes the import of the metal cheaper and brings the prices down.
Brokerages trimmed target prices on the stock by as much as 8 per cent.
The Nifty Private Bank index was trading 1.64 per cent down at 16,781.45 around 12:40 pm.
The downside from current level in Yes Bank would not be more than 20-22%, said Jani.
Glenmark said it will commercialise Remogliflozin in India under the brand names 'Remo' and 'Remozen'.
Cipla said the US sales of Letairis tablets USP stood at USD 943 million in 2018.
The S&P BSE Capital Goods index was trading 0.71 per cent down at 18,042.52 around 12:29 pm.
The S&P BSE Consumer Durables index was trading 0.58 per cent up at 23,782.50 around 12:14 pm.
Here is a quick check on projections of various commodities by brokerage SMC Global Securities.
Analysts warned that the clean-up process at the private lender may not be one off.
The 63 Moons had moved the Supreme Court challenging the High Court's verdict.
The S&P BSE Telecom index was trading 2.39 per cent down at 974.65 around 12:02 pm.
Shares of Bombay dyeing, Bombay Burmah and National Peroxide fell 17 per cent, 6 per cent and 5 per cent, respectively.
The S&P BSE Power index was trading 0.96 per cent down at 1975.87 around 11:52 am.
BEML is a 'Sell' call with a target price of Rs 844 and a stop loss of Rs 895.
We are selective buyers and any correction or fall allows us to buy further, says Choksey.
The report quoted a senior executive with a PSU bank saying that merger is not the antidote for every banking woe.
"We expect PAT to decline 20 per cent YoY and 26 per cent QoQ to Rs 130 crore," Motilal Oswal said.
The company is considering the buyback of shares, subject to regulatory approval.
Debt fund investors face another loss
ET reported this morning that a section of its employees has evinced interest in bidding for the airline and is scouting for investors to get the airline flying again.
Domestic benchmark index NSE Nifty was trading 59.80 points down at 11,694.85.