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RECOMMENDATION: Day Trading Guide
We reaffirm our prior view on DLF. Fresh short-position can be initiated if this stock declines below Rs 160, with tight stop-loss. Buy ICICI Bank and SBI in dips with tight stop-losses ...

STOCKS: Mid and small-cap stocks fell more in fiscal 2009
Realty worst affected; FMCG fared relatively better. Mumbai, March 31 Mid-cap and small-cap stocks fell more steeply than large-cap stocks during fiscal ...

STOCKS: Fall in production puts tea stocks on the boil
Chennai/Mumbai, March 31 Expectation of a rise in tea prices due to lower production and strong demand on Tuesday helped tea counters gain on the ...

RIGHTS ISSUE: Religare files for rights issue
Mumbai, March 31 Religare Enterprises has filed the draft letter of offer for its rights issue of Rs 1,850 crore with SEBI, the financial services firm said on Monday. The company’s board of directors on March 25 had approved the ...

MUTUAL FUNDS: AB Nuvo buys Birla Sun Life Distribution
Mumbai, March 31 Aditya Birla Nuvo has bought out its 50 per cent joint venture partner in its subsidiary, Birla Sun Life Distribution Co, the group said on Tuesday in a notice to the BSE. The 37.58-million share was acquired from ...

STOCKS: Reprieve for sugar producers from duty cut
Fundamentals turn increasingly bullish for prices. Sugar stocks rallied on Tuesday, tracking a surge in sugar’s spot and futures price in the commodity markets, as a Cabinet decision on the proposal to do away with the import duty on white ...

DERIVATIVES MARKETS: Select stocks see short accumulation
Chennai, March 31 Turnover was moderate at Rs 48,987.44 crore in the F&O segment on the NSE. The Nifty future dipped into discount at the end of Tuesday’s trading. It closed at 3016 against the Nifty spot close of 3020.95. It ...

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