MARKETS
RECOMMENDATION:
Wipro (Rs 227.35): Sell
We recommend a sell in Wipro stock from a short-term trading horizon. It is apparent from the charts of Wipro that it has been on a long-term downtrend from its February 2007 peak of Rs 690. Since then the stock has been forming lower peaks ...
RECOMMENDATION:
Day Trading Guide
The near-term outlook is bearish for stocks such as DLF, Reliance Capital and Reliance Communications. We recommend sell in these stock for the session. Initiate fresh short-position if ...
STOCKS:
Wipro drags IT down
Satyam gains on Govt initiatives. Mumbai, Jan. 12 IT stocks took a beating on Monday after Wipro and Megasoft were barred from doing business with World Bank until ...
STOCKS:
SBI falls on Maytas exposure
BSE Bankex decline 3.62 per cent. Mumbai, Jan. 12 Concerns over State Bank of India’s exposure to the Maytas group led to heavy selling in the banking stocks ...
STOCKS:
Temptation slumps after promoter pledges shares
Kolkata, Jan. 12 Temptation Foods on Monday saw its 52-week low of Rs 116 and finally closed at Rs 124.65, with a loss of over 12 per cent after the company reported to the BSE that the promoter entity – Venture Business Advisors Pvt ...
DERIVATIVES MARKETS:
Nifty 2900 put sheds open interest
Chennai, Jan. 12 Turnover remained moderate at Rs 44,953.49 crore in the F&O segment. The NSE Nifty future, however, ended in deep discount at 2750.3 against the spot close of 2773.10. It added about 14.5 lakh shares, particularly on ...
STOCKS:
Satyam ADR plummets over 90%
The NYSE on Monday revoked the trading suspension on the ADR of Satyam ...
STOCKS:
Mastek can start fresh buyback: SEBI
Mumbai, Jan. 12 Mastek Ltd can embark on a fresh buyback programme this fiscal, a SEBI clarification to the company has ...
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
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