|
|
MARKETS
RECOMMENDATION:
Torrent Power (Rs 120.15): Buy
We recommend a buy in Torrent Power from a short-term perspective. From the charts of Torrent Power we observe that the stock has been on a medium-term uptrend since its early July low of Rs 83 level. On August 4, the stock surged 8 per cent ...
RECOMMENDATION:
Day Trading Guide
Initiate fresh short-position if the stock declines below Rs 665 with tight ...
STOCK EXCHANGES:
Currency futures on NSE from Aug 29
Mumbai, Aug. 20 It is not just corporations, banks and traders, but also individuals who can hedge their foreign exchange risks when trading in foreign currency futures commences this month end on National Stock ...
OUTLOOK:
India outperforms major benchmarks
But analysts call it a bear market relief rally. Mumbai, Aug. 20 The Indian markets may have outperformed most countries and have posted positive returns on equity for the month of July, but analysts say that that the Indian markets are ...
IPOS:
General insurers may be allowed to tap capital market this fiscal
Nod likely after completion of BSNL’s mega IPO. Bangalore, Aug. 20 The Initial Public Offering (IPO) of Bharat Sanchar Nigam Ltd (BSNL) is expected to take precedence over the capital raising proposals of the public sector general ...
STOCK MARKETS:
Volatile conditions push traders to option segment
Options trade contributes 30% of total turnover in F&O. Mumbai, Aug. 20 Trading in the options segment (both index and stock options) has been on the rise in the Futures and Options (F&O) segment of the equity market in the February to ...
STOCKS:
HEG up on buyback plans, but fails to hold on to gains
Wednesday was the first trading session after HEG Ltd announced its market buyback price limit of Rs 350. The stock made an attempt to move up after opening higher, but could not sustain the gains. ...
FOREIGN INSTITUTIONAL INVESTORS:
NRIs, FIIs not eligible to trade in currency futures
Mumbai, Aug. 20 According to the RBI guidelines only USD-Indian rupee currency futures will be traded on the exchanges. ...
STOCK EXCHANGES:
No buzz
RIGHTS ISSUE:
Sobha Developers hopes to complete rights issue this fiscal
Sobha Developers has submitted a copy of the circulation resolution, approved by the majority of company’s directors, to the Bombay Stock Exchange on Tuesday. ...
MUTUAL FUNDS:
Principal MF in pact with Shamrao Vithal Coop Bank
Mumbai Aug. 20 Principal Mutual Fund has entered into an alliance with The Shamrao Vithal Co-operative Bank Ltd for distribution of its mutual fund products through the bank’s branch ...
STOCKS:
User development fee to provide relief to GMR
Slowing traffic growth a major concern. The Union Ministry of Civil Aviation’s approval for the levy of user development fee (UDF) for domestic passengers at the Hyderabad airport comes as a relief to GMR Infrastructure – a ...
DERIVATIVES MARKETS:
Tata Steel, Rel Capital add open positions
Rollover yet to pick up in Nifty. Chennai, Aug. 20 Trading volumes declined to Rs 38,567.7 crore on Wednesday in the F&O segment on the NSE against Tuesday’s turnover of Rs 43,426.67 crore. The Nifty August future closed at 4442.35 ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds