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MARKETS
RECOMMENDATION:
Akruti City (Rs 1,012.55): Sell
We recommend a sell in Akruti City stock from a short-term trading perspective. It is evident from the charts of Akruti City that after taking support at Rs 550 in mid-January, which is also a 52-week low, it bounced back. From this trough to ...
RECOMMENDATION:
Day Trading Guide
We notice formation of bearish engulfing candlestick pattern indicating bearishness in DLF and L&T. We recommend a sell in these counters. ICICI Bank tumbled by 5.8 per cent and ...
STOCKS:
Hindalco board okays tapping share premium reserve
Hindalco, India's biggest aluminium producer, proposes to use its share premium reserves to write off expenses incurred by the company on international acquisition and domestic ...
STOCK MARKETS:
A typical market reaction to Interim Budget
Global cues also added to market fall. Indian equities have typically greeted interim budgets with equanimity. The over 3-per cent fall in Sensex on Monday will go down as the most violent market reaction on an Interim Budget day in the last ...
MUTUAL FUNDS:
‘Debt funds could be under pressure’
Mumbai, Feb. 16 The going might get tougher for debt funds – the saving grace of the mutual fund industry – as an increase in Government borrowing, announced in the interim budget on Monday, is a ...
STOCKS:
Bank stocks see sharp fall
Allahabad Bank alone manages to gain. Mumbai, Feb. 16 The BSE Bankex was among the worse performing sectoral indices on Monday after a disappointing interim ...
REGULATORY BODIES & RULINGS:
SEBI raps Temptation Foods for ‘false’ data
Mumbai, Feb. 16 SEBI on Monday asked Temptation Foods and its MD, Mr Vinit Kumar, to stop disseminating “false or misleading” information relating to dealing in ...
STOCKS:
Unitech promoters pledge 49.48% stake
Mumbai, Feb 16 Delhi-based real estate developer Unitech has said that on Monday that its promoters have pledged shares amounting to 49.48 per cent of the company’s equity. A significant portion of the shares had been pledged as ...
STOCKS:
RCom, Rel Infra shares pledged
Mumbai, Feb. 16 The promoters of Reliance Communications on Monday reported that they had pledged 13.19 per cent of the outstanding share capital of the company. Promoter group holds 66.12 per cent in ...
STOCKS:
UB Group cos pledge 20 cr shares
Bangalore, Feb. 16 The UB Group on Monday said that its group companies have pledged a total of 20.27 crore shares with ...
DERIVATIVES MARKETS:
SBI, DLF add short positions
Chennai, Feb. 16 Turnover improved sharply to Rs 44,914.39 crore in the F&O segment – the highest in February so far. The Nifty Feb future closed at 2831.05 against the spot close of 2848.5. The Nifty March future closed at 2823.5. ...
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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