MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Jan. 24 Electrotherm India Ltd has bagged orders worth $14.06 million from Istanbul, Turkey, for basic design and engineering, manufacturing, supplying and supervising erection and commissioning of induction ...
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FINANCIAL SERVICES
No rush for demat accounts
Mumbai, Jan. 24 The opportunity of ‘value stock buys’ at the current lows, being recommended by advisors, has not seen any unusual rush for new demat accounts.Last year-end witnessed growth in the number of demat accounts, ...
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INSIGHT
RIL at Rs 10, Dr Reddys at 7!
COOL AS A CUCUMBER
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STOCKS
Bears hug metal stocks
BSE Metal index dips 860 pts
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Entertainment Network re-rated
On expectations of higher growth in OOH business
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Broking firm stocks fare poorly
As many face payment problems
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TECHNICAL ANALYSIS
Bear domination
Thursday’s trading activity witnessed bear domination. The sentiment reading of the tradable counters changed to neutral. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, the sentiment ...
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STOCK MARKETS
Markets start positive, but close in the red
Mumbai, Jan. 24 The stock markets closed in the red on Thursday, the Sensex losing 2.12 per cent and the Nifty 3.27 per cent.The Sensex opened optimistically with a gain of 327 points, later surging above the 18,000 levels, making an ...
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PSU banks promise additional capital market exposure
Within regulatory limits set by the RBI
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DERIVATIVES MARKETS
FIIs betting on reverse-arbitrage?
Kolkata, Jan. 24 If you go by the SEBI figures for recent FII investments, then you may conclude that they are net sellers in the Indian equities. But it’s deceptive, say brokers and overseas fund managers.According to them, a ...
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RECOMMENDATION
TODAY'S PICK
Axis Bank (Rs 1,005.75): Sell
We recommend a sell in Axis Bank at current market price. From the weekly chart of Axis Bank we note that it had been on a long-term uptrend from its August 2007 low of Rs 534 till its lifetime-high of Rs 1,291 touched in mid-January. However, ...
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Day Trading Guide
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IPOS
PNB examines funding options for housing finance arm
To exit life insurance joint venture; posts 26% rise in Q3 net
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Primary access
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Challenging times for IPOs issued after meltdown
Mumbai, Jan. 24 The stock market meltdown hasn’t affected the smaller public offers that have hit markets after the meltdown so far but the real challenge would be to see retail investors’ response to the multi-billion rupees IPOs ...
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INVESTOR PROTECTION
‘US has lessons to give on investor-friendly action’
Brokers, investors seek similar relief from Government
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