MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Jan 9 IQMS Software Ltd has completed the acquisition of 51 per cent of equity stake in Tractel Solutions Inc, US, a mid-size telecom solutions company with focus on on-site and offshore works spread across North ...
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FINANCIAL SERVICES
Almondz Global launches PMS
Mumbai, Jan. 9 Almondz Global Securities Ltd (AGSL), one of leading financial services intermediaries, on Wednesday launched a discretionary portfolio management service (PMS) — Compounding Growth Portfolio (CGP) — in association ...
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STOCKS
XL Telecom allots equity shares
XL Telecom & Energy Ltd informed the BSE today that the company allotted 11,93,698 equity shares of Rs 10 each at a premium of Rs 250 per share upon conversion of Foreign Currency Convertible Bonds (FCCBs) equivalent to $7.8 million. ...
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iGate flags off with good numbers
Top tier results to offer more cues on US scenario
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Sugar stocks gain on low production estimates
Buying enquiries help bullish sentiments
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Reliance Power public issue lifts NTPC
Power sector stocks, particularly market leader NTPC, gained sharply on Wednesday. According to market men, reports of the Supreme Court clearing the hurdle for the India’s biggest IPO Reliance Power lifted the sentiment for these ...
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TECHNICAL ANALYSIS
Volatile movement
Wednesday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains neutral. Bear move on Thursday is likely to change the sentiment reading in their favour. On the contrary, bull move is ...
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STOCK MARKETS
Investors rush to open demat accounts
Wanting to be part of the market boom
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DERIVATIVES MARKETS
HDIL turns star performer
RPL still under ban
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FOREIGN INSTITUTIONAL INVESTORS
Sensex among few to trade at new high
Trend driven by P-Note restrictions
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Sesa Goa: FII limit hiked to 45%
Kolkata, Jan. 9 Sesa Goa has informed stock exchanges that the shareholders, through a postal ballot, have approved the resolution to enhance the foreign institutional investors’ investment limit in the company from 24 per cent to 45 ...
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EVENTS
India’s first private equity fair to be held in Mumbai
May act as a perfect platform for mid-sized companies
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RECOMMENDATION
Today's pick: Upper Ganges Sugar (Rs 129.05)
We recommend a buy in Upper Ganges Sugar & Industries at current market price. From the weekly chart, it is evident that it has bottomed out in August 2007 around Rs 58 and has been on an uptrend since then. The stock’s medium-term ...
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Day trading guide
The stock is forming a flag pattern, which is a continuation pattern. Fresh long should be initiated only when the stock moves above Rs 1,334 level.Infosys The stock is struggling to move above its 50-day ...
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IPOS
SC clears hurdles for Reliance Power IPO
Proceedings in Gujarat High Court stayed
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NEW PRODUCTS & SERVICES
Srei Infra launches $50-m Shariat fund
Srei Infrastructure Finance Ltd has launched the first Shariat compliant instrument in the Indian market — a $50-million facility arranged and book-run by HSBC. According to Mr Hemant Kanoria, Vice Chairman and Managing Director ...
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