MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, June 18 Allcargo Global Logistics Ltd has convened a meeting of the board of directors on June 26 to consider and approve, among others, allotment of equity shares of the company to the shareholders of Transindia ...
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MUTUAL FUNDS
SEBI advises MFs to focus on hassle-free redemptions
Regulator likely to set up an advisory committee
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Remove inter-regulatory arbitrage: MFs
Mumbai, June 18 The mutual fund industry, which has grown 250 per cent in terms of its asset under management (AUM) in the past three years of bull run, feels that for sustaining growth, reforms are necessary. “Some reforms in ...
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STOCKS
Torrent group stocks shine
Ahmedabad, June 18 While the spurt in the share price of Torrent Pharma Ltd is being attributed to the post-Ranbaxy reverberations in this sector, the ambitious plans being unfolded by the Torrent Group are seen as reasons behind today’s ...
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Buybacks on the rise at domestic, global markets
Cos resort to the option as market valuations are low
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DERIVATIVES MARKETS
Fresh accumulations in Ranbaxy
FIIs offload index futures heavily
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RECOMMENDATION
TODAY'S PICK (Latest Audio: English/Tamil)
Bank of Baroda (Rs 245.25): Sell
We recommend a sell on Bank of Baroda from a short-term perspective. From the charts of Bank of Baroda, we note that the stock has been on an intermediate-term downtrend, since its January 2008 high of Rs 501, forming lower peaks and lower ...
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Day Trading Guide
In the last trading session, the stock tumbled and formed a bearish engulfing candlestick pattern that indicates bearishness. Sell the stock in rallies with stop loss at Rs 798. Infosys Following a cautious ...
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IPOS
KSK Energy fixes issue price band at Rs 240-255
Mumbai, June 18 KSK Energy Ventures Ltd, a company involved in developing and operating power plants, announced on Wednesday that it proposes to enter the capital market with an IPO of 3.46 crore equity shares of Rs 10 each. The price band ...
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