MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, May 28 Compucom Software Ltd has been awarded an ICT project by Secondary Education Department, Government of Rajasthan, to provide computer education on build, own, operate, and transfer basis in 2,292 ...
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FINANCIAL SERVICES
Reliance Money to offer financial services to HK, China investors
Mumbai, May 28 Reliance Money, the financial distribution arm of Reliance Capital, plans to offer financial services to retail investors in Hong Kong and China.The company has tied up with a Hong Kong-based broking firm Goldride ...
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Sidharth Punshi to lead Jefferies Indian business
Jefferies, an investment bank and institutional securities firm, has appointed Mr Sidharth Punshi as Managing Director and Country Head in India. Mr Punshi joins Jefferies from Goldman Sachs, where he was Executive Director, Head of ...
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STOCKS
IMPACT
Cement stocks resurge on easing of export ban
Western region cement cos react positively
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Rohit Ferro Tech spurts on expansion plans
The stock has been riding high on ferro chrome supply crunch
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FINANCIAL PERFORMANCE
JRG Securities net up 33%, to pay 7.5%
Kochi, May 28 JRG Securities Ltd has posted a 33 per cent rise in its net profit at Rs 5.27 crore (Rs 3.95 crore) for the year 2007-08. The board of directors has recommended a dividend of 7.5 per cent for the year. The growth in net profit ...
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STOCK MARKETS
Boston Analytics launches Stock Market Diaries
Mumbai, May 28 Boston Analytics, a customised knowledge services company, launched what it referred to as ‘Stock Market Diaries’. These are a set of “total return indices” including dividends and asset pricing ...
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DERIVATIVES MARKETS
Chambal Fert hogs the limelight
FIIs turn net buyers
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FOREIGN INSTITUTIONAL INVESTORS
Lehman deal: Unitech in final round of talks
‘$500 m investment may come into 2 SPVs floated by Unitech’
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RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Monnet Ispat (Rs 580.95): Buy
We recommend a buy in Monnet Ispat from a short-term perspective. From the charts of the stock, we observe that it has been on a long-term up trend from its November 2006 low of Rs 143. Moreover, in the intermediate-term, the stock has been ...
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Day Trading Guide
On Wednesday, the stock was choppy and formed a spinning-top candlestick pattern, indicating indecisiveness. Desist trading in this counter for the day. Infosys Initiate fresh long position, only if the stock ...
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