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MARKETS
RECOMMENDATION:
Wockhardt (Rs 111.75): Buy
We recommend a buy in Wockhardt from a short-term horizon. It is evident from the charts of Wockhardt that the medium-term downtrend which commenced to decline from the resistance level at Rs 210, halted at Rs 88.8 in early December, which ...
RECOMMENDATION:
Day Trading Guide
DLF is experiencing selling pressure at higher levels. Initiate fresh short-position if the stock declines below Rs 304 with tight ...
STOCK MARKETS:
Disconnect between FII sales, outflows
Chennai, Dec. 22 Data on sales and purchases by FIIs are available on SEBI’s Web site the very next day. On the other hand, as a matter of policy, Balance of Payments (BOP) data on the money that FIIs bring into the country and take out ...
STOCK MARKETS:
Starting NSE futures trading early ‘not feasible’
Commuting, cost escalation major problems: Members. Mumbai, Dec. 22 The proposed increase in trading hours of the Nifty futures on the NSE does not seem to have gone well with a section of ...
STOCKS:
Indian Hotels, EIH regain after Taj, Trident re-open
Companies receive insurance payments. Mumbai, Dec. 22 Stocks of Tatas-owned Indian Hotels Company, owners of the Taj Group of Hotels, and EIH Ltd gained on Monday after the re-opening of their Mumbai-based properties, Taj Hotel and Trident, ...
ASSET MANAGEMENT COMPANIES:
Peerless General gets approval for AMC
Mumbai, Dec. 22 The Peerless General Finance & Investment Company Limited (PGFI) on Monday said it has got the preliminary in-principle approval from SEBI to set up its asset management ...
STOCKS:
Maytas Infra stock slide continues
Maytas Infra stock slide continues with the stock closing about 10 per cent lower on Monday and ending at Rs 223.70 at ...
STOCKS:
Rate cuts: Cheaper loans, but margin pressures for banks
Improvement in quality of asset book likely. Announcing its second set of interest rate cuts in two months, State Bank of India has cut its Prime Lending Rate (PLR) by 75 basis points and deposit rates by 25-100 basis points, to take effect from ...
DERIVATIVES MARKETS:
Nifty future adds short positions
Chennai, Dec. 22 Turnover remained moderate at Rs 47,321.1 crore on Monday. The Nifty December future closed at 3039.35 on part with the spot close of 3039.3 while the January future ended in premium at 3055.8. The rollover of open ...
Columnists:
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Harish Bijoor
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Ramanujam Sridhar
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S Ramesh Kumar
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Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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