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MARKETS
RECOMMENDATION:
CESC (Rs 292.9): Sell
We recommend a sell in CESC from a short-term trading perspective. It is apparent from the charts of CESC that it had been on an intermediate-term up-trend between the early March low and early June peak, from Rs 180 to Rs 376. However, the ...
RECOMMENDATION:
Day Trading Guide
Fresh short-position can be initiated if DLF declines below Rs 310, with tight stop-loss. ICICI Bank is witnessing selling interest at higher levels. Utilise rallies to sell the counter with stiff stop at ...
INSIGHT:
Yesterday’s nectar, today’s killer
The three-trillion-dollar-plus financial steroid digitally administered to financial markets keep the stock indices alive today; off and on, even kicking. But the facts masked by stock indices are scary. The McKinsey ...
FOREIGN INSTITUTIONAL INVESTORS:
Overseas investors pare down derivative positions
FII open positions decline 11% in last one month. BL Research Bureau Foreign institutional investor (FII) activity on the bourses has turned tepid since the second week of ...
STOCKS:
Reports of Addax bid, court verdict pull down Reliance
Fears over refining margin too affect sentiment; RNRL too surrenders gains. Mumbai, June 22 The stock of Reliance Industries Ltd (RIL) continued its downward movement on Monday following reports that the company was in the race for acquiring ...
STOCKS:
Texmaco to raise funds through equity, debt
Financing heavy engineering projects. Kolkata, June 22 The Rs 807-crore Texmaco plans to raise funds through equity and debt to finance its proposed heavy engineering ...
IPOS:
Emami paves path to list reality biz post-revamp
Kolkata, June 22 Emami Ltd, in its restructuring plan, has ensured that its residual reality business and the residual reality of Zandu Pharmaceutical Works would be de-merged to become two new ...
MUTUAL FUNDS:
Investors unburdened
The Securities and Exchange Board of India’s (SEBI) decision to go ahead with removal of entry load on mutual funds overruling stiff opposition is welcome for more reasons than one. Investors, for one, can look forward to lower costs on ...
REGULATORY BODIES & RULINGS:
SEBI expects dip in income from intermediaries
Mumbai, June 22 SEBI’s income from fees received from intermediaries for the current fiscal year would be lower by 33 per cent, at Rs 128.50 crore against Rs 192.35 crore last year, according to the budget estimates approved by ...
DERIVATIVES MARKETS:
ICICI Bank sees surge in open interest
Chennai, June 22 Turnover dipped to Rs 71,601.05 crore in the F&O segment on Monday, despite this being the settlement week for June contracts. The Nifty future slipped 2.6 per cent to end at 4236.05 against the spot close of 4235.25. ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
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