MARKETS
TECHNICAL ANALYSIS
Bear domination
THE sentiment reading of the tradable counters remains bullish. Bear domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment is likely to be further strengthened. More
STOCK EXCHANGES
Six public nominees join BSE board
THE Bombay Stock Exchange (BSE) has inducted six public representative directors, including the Tata Sons' Executive Director, Mr R Gopalakrishnan, on its board. Mr Vijay Mukhi, an expert from IT education field, Mr Pradeep Shah, a financial ...
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STOCK MARKETS
Apollo Hospital moves up on acquisition binge
THE stock of Apollo Hospitals today moved up on acquisition binge by certain sections of existing stakeholders. The stock moved up 2.75 per cent to Rs 188.95. The 52-week high is Rs 198.40. There was a large deal of 13,671 shares on the NSE. Of ...
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PTC, Biocon make debut at huge premium
SHARES of Power Trading Corporation and Biocon, which had received good response from the investors in the primary market, today listed at a huge premium to their offer prices. The overwhelming interest of investors in these two stocks was also ...
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Downgrade blues
THE stock of FMCG major Hindustan Lever was hammered down on Wednesday after a foreign broking firm put a "sell" recommendation on the stock. According to a market source, a top firm cast doubts on the prospects of the company after a meeting ...
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Listing is big advantage for e-serve International
DESPITE the outcry against outsourcing and the loss of American jobs to India, there continues to be high interest in the onlylisted business process outsourcing (BPO) company. The scrip of e-serve International gained over 4 per cent on ...
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Federal Bank rises on due diligence talk
RUMOURS of a large corporate house doing due diligence of Federal Bank has seen the bank's stock gain momentum on the bourses in the recent past. The counter, which was ruling at around Rs 265 levels as on March 8, 2004, has since than ...
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DERIVATIVES MARKETS
Tata Motors: Primary outlook positive, buy April futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE. Tata Motors: The stock closed at Rs 498 in the spot market. The primary trend appears positive though the stock is likely to ...
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COMMENTARY
Downtrend persists; new stocks shine
AFTER a major comeback in the new fiscal year, triggered by an all-time high GDP growth, the stock markets appear to be undergoing a minor correction. For the second straight day, the indices closed lower after gaining over 300 points since the ...
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PUBLIC OFFER
ICICI Bank issue oversubscribed four times on FII bids
THE Rs 3,050-crore ICICI Bank public issue has received an over 400 per cent oversubscription with a majority of the bids coming in from foreign institutional investors (FIIs). FIIs can acquire a maximum of 9.09 crore shares from the total ...
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Stock Quotes
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