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MARKETS
RECOMMENDATION:
Cairn India (Rs 152.95): Sell
We recommend a sell in Cairn India stock from short-term trading perspective. It is clearly visible from the charts of Cairn India that it has been on a long-term downtrend from its May 2008 high of Rs 342 (its 52-week ...
RECOMMENDATION:
Day Trading Guide
DLF and L&T stocks are pausing at their current levels. Avoid trading in these counters. We re-affirm our sell recommendation in Reliance Capital and ...
MUTUAL FUNDS:
‘Regulators must have say on auditors for MFs, insurers’
Auditor choice should be patterned on public sector banks model, says ICAI. New Delhi, Jan. 13 Call this the Satyam effect. The regulators of mutual funds and insurance industry – the Securities and Exchange Board of India and the ...
STOCKS:
Extraordinary income pushes up Geojit net by 74%
Motilal Oswal results show 62% decline in profit. Mumbai, Jan. 13 The trend of declining profits for the broking and financial services industry appears to be continuing into the third quarter of the current fiscal too, going by the results of ...
STOCK MARKETS:
Rolta slumps on talk of offloading by financier
Stock gets on revival path after co denies story. Mumbai, Jan. 13 The stock of engineering solutions major Rolta Ltd plummeted by about 60 per cent to hit its 52-week low in intraday trading on the bourses on Tuesday, fuelled by market rumours ...
STOCKS:
Divestment in arms weakens Siemens
Kolkata, Jan. 13 Siemens India is being hammered – before the book closure period, which begins January 16, and the AGM on January 30 – for declaring dividend at 150 per cent, said ...
STOCKS:
Promoters of Pyramid Saimira sell some stake
Chennai, Jan. 13 Pyramid Saimira Theatre Ltd’s principal promoters, Mr P.S. Saminathan and Mrs Uma Saminathan, announced on Monday that they had sold 18.59 lakh shares. After the off-market transaction, the promoters’ holding ...
DERIVATIVES MARKETS:
Lower strike puts attract attention
Trading volume tumbled below Rs 40,000-crore mark on Tuesday. The NSE Nifty future maintained the same discount and closed at 2722.05 against the spot close of 2744.95. While the net open interest positions remained the same, lot of ...
INVESTOR PROTECTION:
‘Form new co to save Satyam biz, staff’
Mumbai, Jan. 13 The Government should establish a new company to which could be shifted the business and employees of Satyam Computer, according to Mr H.P. Ranina, a well ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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