TOP CORPORATE NEWS-17 OCT 2014

Equity Tips, Stock Tips, Share Tips, Nifty Tips, Nifty Futures Tips

DIC India plunges over 30% in two days ahead of closure of delisting offer
DIC India has dipped 16% to Rs 415, extending its previous day’s 20% drop, ahead of closure of the open offer made by the company's promoter, DIC Asia Pacific Pte to delist company’s shares from the stock exchanges.

Banking shares in demand; Bank Nifty up over 2%
Banking shares are in demand with most of the frontline banks trading higher between 2-3% on the National Stock Exchange (NSE) as investors are dumping information technology (IT) stocks.

TCS, HCL Tech wipe out nearly Rs 50,000 crore investor wealth
Shares of information technology (IT) majors like Tata Consultancy Services (TCS) and HCL Technologies fell sharply by over 8% each in trade today,  wiping-out collectively nearly Rs 50,000 crore of investors wealth, after lower-than-expected earnings for the quarter ended September 2014 dented sentiment.

Zee Entertainment hits multi-year high ahead of Q2 results
Zee Entertainment Enterprises has moved higher by over 5% to Rs 330, its highest level since May 2000 on BSE, ahead of its July-September quarter (Q2) earnings today.

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