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MARKETS
RECOMMENDATION:
Chambal Fert (Rs 43.75): Sell
We recommend a sell in Chambal Fertilisers and Chemicals from a short-term perspective. It is evident from the charts that this stock has been trending downwards since June high of Rs 96 (52-week high), forming lower peaks and lower ...
RECOMMENDATION:
Day Trading Guide
In the last trading session, the stock plummeted by 5 per cent, penetrating the 21-day moving average. We recommend a ...
STOCKS:
Tata Motors, Ashok Leyland witness sharp slide
Production cut plans, lower sales affect sentiment. Mumbai, Nov. 6 The stock price of auto companies Tata Motors and Ashok Leyland dipped sharply on Thursday as the companies said they would cut production to adjust to the fall in demand and ...
FINANCIAL MARKETS:
Art collectors on bargain hunt in depressed market
Emami Chisel Art upbeat on outcome of auction later this week. Pune, Nov.6 Even as the seasoned stock market investor scouts for opportunity in a depressed market scenario, the serious art collector is discovering the silver lining to the ...
FINANCIAL SERVICES:
Short-term outlook for broking firms appears bleak
Most listed brokerages report fall in net profit. Mumbai, Nov. 6 The short-term outlook for broking firms in the country appears bleak if their second quarter results are anything to go by. Most of the listed broking firms have reported either ...
STOCKS:
IVRCL Infra jumps 66% in a week
Post-Q2 results, stock turns bullish. Kolkata, Nov. 6 IVRCL has gained over 66 per cent after it announced results last week. On Thursday, the Rs 2 stock finished at Rs 132, up 7 per cent. Despite the smart recovery, the stock is still in the ...
PEOPLE:
Rajnikant Patel joins Reliance Money
Mumbai, Nov. 6 Mr Rajnikant Patel, who was earlier the Managing Director and CEO of BSE, has now joined Reliance Money as its President of Exchange ...
STOCK MARKETS:
Nifty 3200 call sees drop in open positions
Volatility index remains firm. Chennai, Nov. 6 Turnover improved quite substantially amidst falling market to Rs 43,836 crore in the F&O segment on Thursday against Wednesday’s volume of ...
STOCKS:
USFDA nod opens up revenue opportunity
Comes as a relief for Sun Pharma investors. The USFDA has granted approval for Sun Pharmaceutical’s Abbreviated New Drug Application (ANDA) to market generic Sinemet®, carbidopa and levodopa tablets. Used in the treatment of ...
ANNOUNCEMENTS:
Developments
Coimbatore, Nov. 6 Gammon Infrastructure Projects Ltd has said that Rajahmundry Godavari Bridge Ltd, a special purpose vehicle promoted by the company, has signed the concession agreement with the Government of Andhra ...
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