|
|
MARKETS
RECOMMENDATION:
NTPC (Rs 151.50): Buy
We recommend a buy in NTPC from a short-term trading perspective. It is clearly visible from the charts of NTPC that the stock has been on a medium-term down trend from its July high of Rs 197, forming lower bottoms and lower tops. Recently, ...
RECOMMENDATION:
Day Trading Guide
The stock is consolidating sideways. Avoid trading in this counter for the ...
FOREIGN INSTITUTIONAL INVESTORS:
Sensex gains 247 points in a volatile market
Mumbai, Oct. 20 The Sensex ended a volatile session on Monday with a gain of 247 points, after three days of continuous decline. The benchmark index closed at 10223.09, up 2.48 per cent from Friday’s ...
OPEN OFFERS:
Ranbaxy promoters sell stake off-market to Daiichi Sankyo
Singh family has to pay transaction tax of Rs 1,000 cr. New Delhi, Oct. 20 Putting to rest all speculation on the status of its deal with Daiichi Sankyo, Ranbaxy Laboratories Ltd on Monday announced that the Japanese pharma company has acquired ...
REGULATORY BODIES & RULINGS:
SEBI warns of stern action against lending shares overseas
‘Stronger measures will be taken if necessary’. Mumbai, Oct. 20 SEBI has warned FIIs that overseas lending and borrowing of Indian securities could result in stern ...
FINANCIAL MARKETS:
It’s the real economy that needs shoring up
Both the RBI and the Finance Ministry could not have wished for a more vivid example of just how fast the economy is sliding into uncertainty than the Jet Airways’ sacking of 800 employees and its overnight change of heart last ...
STOCKS:
Sugar stocks battered as Govt decides to cancel licences
Maharashtra to annul permits of 19 factories due to shortage of cane. Mumbai, Oct. 20 Sugar shares turned bitter on Monday even as the benchmark Sensex registered a sensational gain of 247 points, reversing its earlier downtrend in the last ...
MUTUAL FUNDS:
Bank loans to MF: Scheme on
The Reserve Bank of India has decided to continue with the relaxations of allowing banks to lend to mutual funds against Certificate of Deposits (CDs) as well as the buy back of CDs held by mutual funds. The relaxation would continue to be in ...
STOCKS:
Termination of serial by Star weakens Balaji Telefilms
Producer to go to court against order. New Delhi/Chennai, Oct. 20 The stock of Balaji Telefilms tumbled 11.42 per cent to Rs 96.20 on the BSE on Monday after Hindi entertainment channel Star issued a notice for the termination of a long running ...
STOCK MARKETS:
Repo rate cut ahead of monetary policy surprises stock analysts
Mumbai, Oct. 20 Stock market analysts were taken by surprise when Reserve Bank of India cut the benchmark policy repo rate by one percentage point on Monday, four days ahead of the ...
REGULATORY BODIES & RULINGS:
‘No regulator can control greed and fear’
Our Bureau Mumbai , Oct. 20 The lesson that has emerged from the current market crisis worldwide is that two factors define people’s irrationality, and those are fear and greed, said Mr C.B. Bhave, Chairman, ...
ANNOUNCEMENTS:
Corporate developments
Coimbatore, Oct. 20 Areva T&D India Limited, which had fixed October 29 as the record date for sub-division of shares, has now changed the date to ...
DERIVATIVES MARKETS:
Volatility index closes higher at 57.13
NTPC witnesses sharp accumulation. Chennai, Oct. 20 Turnover improved to Rs 51,272.3 crore in the F&O segment on the NSE on Monday against Friday’s turnover of Rs 43767.13 crore. The NSE Index October future closed at 3141 against the ...
STOCKS:
Higher cane prices could dent margins of UP mills
Not much impact for South-based sugar mills. The Uttar Pradesh Government’s decision to hike the cane procurement price “advised” by the State for the current season from Rs 125 to Rs 140 per quintal may pose a significant ...
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
|
RSS Feeds