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MARKETS
RECOMMENDATION:
Voltas (Rs 137.2): Buy
We recommend a buy in Voltas from a short-term perspective. From the charts of Voltas we see that it we see that it was on an intermediate-term downtrend from its January high of Rs 261 to its July low of Rs 114. However, the stock found support ...
OUTLOOK:
Dalal Street likely to sustain current bull momentum
Crude price movements watched closely. In the past few weeks, we have in these columns been harping on the possibility of crude oil prices cooling off in the international markets in the short run. The crude oil price fall since July 11, the ...
INTERVIEW:
‘It may take 2-3 years to break previous high’
Chennai, Aug. 10 Equity markets across the globe have been volatile due to firm interest rates, soaring crude prices and raising inflation. The ABN AMRO Asset Management Chief Investment Officer, Mr K.C. Reddy, shares his view on markets and ...
STOCKS:
Dividend chasing not for the faint hearted!
Coimbatore, Aug. 10 As the dividend season draws to a near close, for those investors who had been chasing stocks for dividend earnings, it is a time of stock taking as to whether it was a worthy strategy.. It is true that investing in high ...
COMMENTARY:
ICICI Bank, HDFC Bank sizzle at US bourses
Sify, Rediff.com witness steep fall. Chennai, Aug. 10 US stocks saw sharp rally last week as crude retreated quite sharply. ...
STOCK EXCHANGES:
BSE applies for Currency Derivatives
Mumbai, Aug. 10 The Bombay Stock Exchange (BSE) has applied to capital market regulator SEBI for setting up a currency derivative segment. The Reserve Bank of India and SEBI issued the final guidelines for launch of currency derivatives last ...
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