MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, June 2 Allahabad Bank’s board of directors has approved approaching the Union Ministry of Finance to seek its permission for the bank’s rights issue.Bank of Rajasthan Ltd’s ...
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OPEN OFFERS
Emami comes out with open offer for Zandu
Price fixed at Rs 7,315/share
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FINANCIAL SERVICES
Union Bank, Emkay in pact for e-broking
Chennai, June 2 Union Bank of India and Emkay Share and Stock Brokers Ltd on Monday announced a strategic alliance under which Emkay would offer its online trading services to the bank’s customers. This means that a customer of ...
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STOCKS
Better May sales figures drive up auto stocks
M&M, Maruti Suzuki among the top gainers
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Negative news from all sides weakens banking stocks
Public sector banks worst hit on monetary tightening fear
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IMPACT
Punj Lloyd – Buoyed by oil spending
Auditors comment on potential losses not provided for
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IMPACT
Emami’s Zandu acquisition
Good business fit, but buy price appears stiff
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STOCK MARKETS
No respite for markets from fuel, inflation worries
Mumbai, June 2 Fears of inflation and high crude prices continued to haunt the Indian stock markets which fell by more than 2 per cent on Monday.This was despite the markets opening on a positive note, possibly following the sunny ...
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Slide unabated
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DERIVATIVES MARKETS
Essar Oil in the limelight
Infy, Essar Oil shed open interests
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RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Moser Baer India (Rs 172.55): Sell
We recommend a sell in Moser Baer India from a short-term perspective. The stock has been on an intermediate-term down trend from its January 2008 peak at Rs 344. However, the corrective up move from March low of Rs 119 to May high of Rs ...
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Day Trading Guide
The stock is trending downward and near-term outlook is bearish. We retain our sell recommendation. Infosys After marking an intra-day high of Rs 2,017, the stock declined losing its intra-day gains in the last ...
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