MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Dec. 17 Global Broadcast News Ltd’s Board of Directors has approved the acquisition of 13,47,231 equity shares, constituting 10.01 per cent of the issued and subscribed share capital of Jagran TV Pvt Ltd, ...
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MUTUAL FUNDS
Union Bank to enter MF biz
To finalise partner by March
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STOCKS
Colgate re-listed on NSE
Mumbai, Dec 17 Colgate Palmolive (India) got re-listed on the NSE today at a premium of 13.84 per cent at Rs 435 against it previous close of Rs 382.10.The stock witnessed a high of Rs 440, low of Rs 385 and closed at Rs ...
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Metal stocks get mauled on profit booking
The BSE Metal index was the biggest loser
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TECHNICAL ANALYSIS
Bear domination
Bear dominated over Monday’s trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the current sentiment reading ...
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STOCK MARKETS
Stocks nosedive on US inflation concerns, weak Asian trend
Selling pressure shaves off 769 points in second biggest fall for Sensex
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Nifty futures witness sharp fall
Jindal Steel, RNRL biggest losers
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Geodesic escapes slaughter
Geodesic Information Systems, a component of the BSE-500 and BSE Midcap, fared better than the indices, which reeled under selling onslaught on Monday. According to market sources, expectations of a significantly higher revenue and earnings ...
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RECOMMENDATION
Today's Pick: Glaxo Pharma (Rs 1063.40)
We recommend a buy in GlaxoSmithKline Pharmaceuticals. It is clearly evident from the weekly chart of GlaxoSmithKline Pharmaceuticals that it had been on an intermediate-term downtrend from June high of Rs 1,340 to November low of Rs 935. ...
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Day trading guide
The stock has breached the 21-day moving average line in the last session. Fresh sell position should be initiated if the stock falls below Rs 1,148.Infosys Near-term outlook for the stock is bearish. Sell the ...
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IPOS
Oil India files IPO papers
Mumbai, Dec. 17 Government-owned Oil India Ltd, the country’s second largest oil and gas company as measured by total proved and probable oil and natural gas reserves and production, has filed its papers with SEBI for an initial public ...
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OUTLOOK
Upcoming US reports may add to market turbulence
Expiry of December contracts in F&O is also crucial
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