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TOP CORPORATE NEWS-30 Sep 2014

Equity Tips
PC Jeweller surges 9%, bets on e-tailing, joins Flipkart
Shares of PC Jeweller surged 9 percent as it expands its footprints into the e-tailing space. The company joined e-commerce major Flipkart to create a platform for online jewellery shopping.

HDIL up 5%, promoters revoke pledged shares in IL&FS Trust
Shares of Housing Development and Infrastructure jumped 5 percent after its promoters have revoked all shares pledged with IL&FS Trust Company.

Tyre stocks rally in volatile markets
Shares of Tyre manufacturers rallied by up to 10% in otherwise subdued market on hopes of higher margins due to falling rubber prices. Prices of natural rubber, the most important raw material for the industry, have dropped to multi-year low in the international market on account of poor demand from countries like China and oversupply of the commodity.

Hexaware Tech marks fresh high on block deals
Shares of Hexaware Technologies rallied 6% in otherwise subdued market after huge block deals executed on the counter on the Bombay Stock exchange. 

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  1. During this month, about 55 per cent of the international market in gold and silver has tumbled nearly 8 per cent heavier. NCDEX TIPS

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