MARKETS
ANNOUNCEMENTS
Corporate developments
3i Infotech Ltd has acquired a majority stake of 51 per cent in Fineng Solutions Pvt Ltd (FinEng) with a commitment to acquire remaining stake in two tranches over a period. Mumbai-based FinEng is engaged in the business of ...
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STOCKS
IMPACT
Sponge iron unit sale positive for Grasim
May improve margins, part-fund capex
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IMPACT
PSL: Buoyant order flows spell strong revenue visibility
Inspires confidence on co’s capability to win big orders
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Griffin Chemicals witnesses abnormal re-listing
Griffin Chemicals joins the list of companies whose shares record abnormal gain on re-listing. The stock, which got relisted on Wednesday, opened at Rs 23, a whopping 1,740 per cent higher than the last-traded price of Rs 1.25 on August ...
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STOCK MARKETS
Ranbaxy: ‘Bought on rumour and sold on news’
Group’s other stocks move up sharply
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DERIVATIVES MARKETS
Orchid, Ranbaxy see jump in open positions
Fresh short position seen on Nifty
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RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Crompton Greaves (Rs 251.55): Buy
We recommend a buy in Crompton Greaves from a short-term perspective. The stock was on a long-term downtrend from its November 2007 high of Rs 454, till it found support at around Rs 220 during May 2008. This (Rs 220) is a significant support ...
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Day Trading Guide
Negating our prior view, the stock moved up in the last trading session. Fresh long-position can be initiated, if the stock moves above Rs 1,915 level. L&TFollowing a cautious outlook, the stock bounced up ...
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OUTLOOK
Repo rate hike: Analysts expect market to open weak today
Some feel the impact could be limited
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