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Thursday, December 18, 2008
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SHAREHOLDER ACTIVISM: Hurrah for shareholder activism!
Institutional investors’ interest in Indian stocks may be low but it is heartening to see that they remain interested enough in the businesses they hold, to turn activist if the situation demands. It is thanks to the loud protests ...

RECOMMENDATION: ACC (Rs 486.30): Sell
We recommend a sell in ACC from a short-term trading perspective. It is evident from the charts of ACC that it has been on a long-term downtrend from its life-time high of Rs 1,314 recorded in October 2007. The stock halted at its ...

RECOMMENDATION: Day Trading Guide
We initiate our daily coverage in DLF stock by recommending buy in dips with tight stop-loss at ...

STOCKS: Brokerage houses give thumbs down to Satyam
Credibility at stake even after rollback of Maytas deal. Chennai, Dec. 17 Despite the deal being called off, Satyam Computer’s credibility took a knock among brokerages, which almost recommended immediately a sell on ...

STOCKS: Probe news hits ADAG stocks
ED reportedly looking into withdrawals from foreign banks. Mumbai, Dec. 17 Stocks of the Anil Dhirubhai Ambani Group companies dipped on the bourses on Wednesday on reports that the Enforcement Directorate is pursuing a case related to ...

FINANCIAL SERVICES: Tata Capital unveils expansion plans with Brand Promise
Mumbai, Dec. 17 Tata Capital on Wednesday announced a slew of expansion plans under its new brand identity Brand ...

STOCK EXCHANGES: SEBI okays exit options for RSEs
Mumbai, Dec. 17 Companies listed exclusively on the regional stock exchanges that get de-recognised will have to mandatory list on other stock exchanges or provide an exit option to shareholders, according to SEBI’s exit proposals for ...

STOCKS: Special bonds buoys fertiliser stocks
Kolkata, Dec. 17 Fertiliser stocks on Wednesday wilted as market sentiment turned negative but scored decent gains over a week period on the back of special bonds announced by the ...

RIGHTS ISSUE: Thomas Cook rights issue at 35:100; priced at Rs 35.50
Mumbai, Dec. 17 Thomas Cook India has priced its right issue at Rs 35.50 a share of Re 1 each. In a note sent to Bombay Stock Exchange, it said rights entitlement will be in the proportion of 35 fully paid-up equity shares for every 100 ...

DERIVATIVES MARKETS: Satyam accumulates short positions
Chennai, Dec. 17 Turnover increased sharply to Rs 49,360 crore in the F&O segment on Wednesday. The Nifty Dec future ended in discount at 2941.7 against the spot close of 2954.35 though the Nifty Jan future ended in premium at 2960.70. ...






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Markets (Dec 16)
Nifty (at close)3041.75(+60.55)
US Dollar (Buy/Sell)47.81/82
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,192
Silver (a kg) Rs17,715

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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
Vodafone case: ‘No definitive findings on taxability of deal’

Brokerage houses give thumbs down to Satyam

Special bonds buoys fertiliser stocks

Raw sugar imports: Balancing short, long term interests

M&M low-cost tractor to debut in June

Looking back
Dec. 7-Dec. 13
IRDA seeks investment details from insurers

Small debt funds face concentration risk: Crisil

Realty index spurts the most on revival steps

RCom jumps on FCCB buyback, stake sale talk

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