MARKETS
RECOMMENDATION:
Adani Enterprises (Rs 585.25): Sell
We recommend a sell in Adani Enterprises from a short-term perspective. It is evident from the charts of Adani Enterprises that the stock has been on a medium-term downtrend from its May high of Rs 897. The stock has been recording lower peaks ...
RECOMMENDATION:
Day Trading Guide
The stock is in sideways consolidation. Desist trading in this counter for the session. ...
STOCKS:
Axon Infotech gains on mistaken identity
In a case of mistaken identity, the stock of Axon Infotech shot into the limelight on Tuesday. The stock hit the upper circuit to touch a high of Rs 30.35 during intra-day trading, accompanied by a surge in trading volumes. According to brokers, ...
STOCKS:
Rupee impact: Mixed signals for textiles in short term
Cos foresee margins going up in the fourth quarter. Kolkata, Aug. 26 A sharp depreciation of rupee against greenback and the appreciation of the local currency against euro and strong rise in cotton prices in the recent weeks appear to have a ...
STOCK MARKETS:
Re @ 44: Analysts see no immediate impact on equities
Say US economy is more critical. Mumbai/Kolkata, Aug. 26 Marketmen believe the weakening rupee, which breached the crucial 44 mark against the US dollar, may not impact the equity markets, at least in the short-term. ...
FINANCIAL SERVICES:
Hedge Equities launches operations
Kochi, Aug. 26 Hedge Equities announced the launch of its Indian operations with Padmasree Mohanlal as a promoter of the venture. ...
STOCKS:
Sasken Communication files appeal with SAT
Against SEBI’s directions on buy-back of shares. Mumbai, Aug. 26 Sasken Communication Technologies has filed an appeal with Securities Appellate Tribunal (SAT) against SEBI’s directions relating to company’s buy-back of ...
STOCKS:
IT stocks jump on weak rupee
Uncertain US economy may spoil the party: Analysts. Mumbai, Aug. 26 A weakening rupee pushed up information technology (IT) stocks on Tuesday. The BSE IT index closed up 0.86 per cent from its previous close. ...
BUYBACK:
Bosch board meets on September 2 for buyback issue
Stock price jumped 14% on this proposal. Coimbatore, Aug. 26 Bosch Ltd, formerly known as Motor Industries Company Ltd (MICO), has convened a meeting of the board of directors on September 2 to consider the issue of buyback of a portion of the ...
STOCKS:
Firstsource share price rises on stake sale rumour
Mumbai, Aug. 26 The share price of ICICI-promoted back office firm Firstsource Solutions went up by 22.69 per cent on the bourses on ...
ANNOUNCEMENTS:
Corporate developments
Coimbatore, Aug. 26 Indo Rama Synthetics (India) Ltd that had temporarily shut-down the Polyester Plant until 3rd week of August due to high raw material prices has said the operations have resumed in a phased manner from ...
DERIVATIVES MARKETS:
Short-covering helps in Nifty recovery
Reliance Industries attracts interest. Chennai, Aug. 26 Turnover improved further to Rs 49,779.36 crore in the F&O segment on the NSE on Tuesday against Monday’s turnover of Rs 45,979.13 crore. With just two days left for settlement, ...
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