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MARKETS
RECOMMENDATION:
Rolta India (Rs 109): Buy
We recommend a buy in the Rolta India from a short-term trading horizon. It is evident from the charts of Rolta that it has been on a medium-term uptrend since its 52-week low of Rs 40.7 recorded on March 12. While trending up, the ...
RECOMMENDATION:
Day Trading Guide
We re-affirm our sell recommendation in DLF and Reliance Capital stock. Fresh short-position can be initiated only if ICICI Bank dives below Rs 658 and SBI falls below ...
STOCKS:
Realty stocks witness renewed interest
Broking firms upgrade realty majors. Mumbai, May 21 As things start to look better for the economy and capital markets, brokers’ outlook for real estate sector stocks have also taken a positive ...
STOCKS:
Hopes of free fuel pricing lift oil marketing cos’ stocks
Subsidy package, additional bonds also boost sentiment. Mumbai, May 21 Announcement of an Rs 943 crore subsidy package and reports about a draft paper on free fuel pricing below $75 a barrel crude price by the Petroleum Ministry led to more than ...
STOCKS:
Fidelity sells RIL, RPL shares
On Thursday, Fidelity Share and Securities offloaded shares of Reliance Industries and Reliance Petroleum (RPL) worth Rs 183.16 crore according to the bulk deal data on the NSE. Fidelity sold 5.3 lakh shares of RIL at an average price of Rs 2,130 ...
MUTUAL FUNDS:
Fixed maturity plans lose charm after SEBI’s stringent norms
Mumbai, May 21 Once popular fixed maturity plan (FMP) of mutual fund seems to be fast running out of favour with both investors and fund houses. Post heavy redemption in the third quarter of FY’09, the market regulator SEBI ...
INVESTOR PROTECTION:
SEBI sets up advisory panel on investor protection fund
Investor associations can avail themselves of financial assistance from SEBI’s investor protection fund to meet legal expenses in cases they are taking up to safeguard ...
NEW FUND OFFER:
ICICI Prudential Fund mops up over Rs 800 cr
Mumbai, May 21 ICICI Prudential Target Returns Fund has mopped up over Rs 800 crore in its new fund offer, ICICI prudential AMC said ...
DERIVATIVES MARKETS:
Stock futures see drop in open interest
Chennai, May 21 Turnover remained firm around Rs 70,000-crore mark at Rs 71,702.09 crore in the F&O segment on Thursday. The NSE Nifty future closed at 4219.95 against the spot close of 4210.9. It shed 28.76 lakh shares in open ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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