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MARKETS
RECOMMENDATION:
Lloyd Electric (Rs 42.40): Buy
We recommend a buy in Lloyd Electric and Engineering from a short-term trading perspective. The stock has been on an intermediate term up-trend since the low of Rs 13.6 recorded on March 6. Though this trend is halting since the last week of ...
STOCK MARKETS:
Sensex gains 340 points
Mumbai, June 10 The benchmark indices made strong gains for the second consecutive day ...
STOCKS:
IBN sells treasury shares to raise Rs 62.5 crore
Network18 EGM on July 2 to consider fund raising. New Delhi, June 10 IBN18 Broadcast, the owners of CNN IBN and IBN 7, has raised Rs 62.5 crore selling treasury shares to institutional investors at Rs 125 a ...
STOCKS:
IFCI reduces stake in Maytas Infra
Slew of positive news buoys sentiment for stock. Hyderabad, June 10 Maytas Infra scrip continues its surge upwards after the stock witnessed bulk deals on the ...
MUTUAL FUNDS:
SEBI okays MFs to invest in IDRs
Mumbai, June 10 Mutual funds will now be allowed to invest in Indian Depository Receipts (IDRs), the Securities Exchange Board of India (SEBI) said in a circular on Tuesday. The regulator clarified that mutual funds can invest in IDRs offered ...
STOCKS:
Order cancellation may buffet Aban Offshore
ERHC Energy Inc cancels deepwater oil rig contract. Firming oil price outlook and easing credit conditions may not be enough to change the fortunes of the oil rig service provider Aban ...
STOCKS:
Dr Reddy’s Labs gets USFDA nod for Omeprazole Mg
Dr Reddy’s Laboratories has received the US Food Drug Administration approval to sell Omeprazole Mg drug, which is the generic version of AstraZeneca plc’s (AZN) Prilosec and is used for the treatment of stomach ulcers and ...
DERIVATIVES MARKETS:
Unitech, Tech Mahindra shed open interests
Chennai, June 10 Turnover improved further to Rs 25,673.64 crore in the F&O segment on the NSE on Wednesday. The Nifty June future ended with sharp gains at 4665. The premium also widened to about 10 points against the spot close of ...
Columnists:
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Harish Bijoor
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Ramanujam Sridhar
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S Ramesh Kumar
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Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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