MARKETS
ANNOUNCEMENTS
Dish TV gets nod for rights issue
New Delhi, April 24 Dish TV’s board of directors has approved its plans to raise Rs 1,200 crore through rights issue. The company’s Rs 250-crore deal with PE firm, Indivision India Partners, was called off in February. The Essel ...
More
STOCKS
SBM share demat almost done
Bangalore, April 24 State Bank of Mysore (SBM) is on the verge of completing the dematerialisation of its equity shares. Speaking to journalists here on Thursday, SBM’s Managing Director, Mr P.P. Pattanayak said, “The ...
More
TECHNICAL ANALYSIS
Sideways movement
Thursday’s trading activity witnessed sideways movement. The sentiment reading of the tradable counters turned to neutral due to contract expiry. Bear domination on Friday is likely to change the sentiment reading in their favour. ...
More
DERIVATIVES MARKETS
Cautious approach seen on Nifty
Market-wide rollover at 72-75%
More
FOREIGN INSTITUTIONAL INVESTORS
Goldman Sachs buys 8.16% in NDTV
Promoters offloaded 7.85% stake last week
More
RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Parsvnath Developers (Rs 228.15): Buy
We recommend a buy in Parsvnath Developers from a short-term perspective. It is evident from the charts of Parsvnath Developers that the stock was on medium-term downtrend from its 52-week-high of Rs 598 (touched in January 2008) to its ...
More
Day Trading Guide
Fresh long position can be initiated if the stock moves above Rs 1,710 level with stiff stop loss. L&TIn the last trading session, the stock formed a doji candlestick pattern. Desist trading in this counter ...
More
RIGHTS ISSUE
IMPACT
Dish TV rights issue: Shareholders can await further details
Dish TV is to raise Rs 1,200 crore by way of a rights offer. The details of the offer are yet to be disclosed. The equity expansion is inevitable, as Dish TV does not have the balance sheet strength to otherwise bankroll its expansion plans ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds