Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

India Stock Movers: Derivatives Additions, Infosys, Thomas Cook

Shares of the following companies had unusual moves in Indian trading. Stock symbols are in parentheses and prices are as of the 3:30 p.m. close in Mumbai.

India’s Bombay Stock Exchange’s Sensitive Index, or Sensex, lost 309.77, or 1.7 percent, to 18,411.62. The BSE200 Index dropped 1.4 percent to 2,281.14.

Derivatives List: JSW Energy Ltd. (JSW IN), the power producer controlled by the billionaire Jindal family, rallied 4.8 percent to 70.55 rupees, pacing gains among stocks added to the derivatives list of the National Stock Exchange of India Ltd. Arvind Ltd. (ARVND IN), a textile maker, were the other additions which gained 1 percent to 81.3 rupees.

Glenmark Pharmaceuticals Ltd. (GNP IN) climbed 2.3 percent to 313.6 rupees after the drugmaker was rated “overweight” in new coverage at JPMorgan Chase & Co.

Infosys Ltd. (INFO IN), India’s second-largest software provider, sank 4.4 percent to 2,791.55 rupees after it forecast sales that missed analysts’ estimates amid concerns clients are holding off on new contracts because of uncertainties in the global economy.

Infosys, the most since April 15, pulled shares of rival Indian software exporters lower. Tata Consultancy Services Ltd., the largest software-services provider, lost 1 percent to 1,145.35 rupees while Wipro Ltd., the third-largest, shed 1.5 percent to 414.6 rupees.

Thomas Cook India Ltd. (TC IN) slid 3.4 percent to 48.45 rupees, the steepest drop since May 5. Europe’s Thomas Cook Group plunged in London after cutting fiscal year profit forecast because of unrest in North Africa and a squeeze on consumer spending in U.K.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.