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MARKETS
RECOMMENDATION:
GMDC (Rs 58.40): Buy
We recommend a buy in the Gujarat Mineral Development Corporation (GMDC) stock from a short-term perspective. It is apparent from the charts of GMDC that it has been on a medium-term uptrend since the March low of Rs 31. The stock has ...
RECOMMENDATION:
Day Trading Guide
Initiate fresh long-position if DLF exceeds Rs 272, with tight stop-loss. In the last session, ICICI Bank rallied in line with our prior anticipation. We re-affirm our buy. On the other hand ...
MUTUAL FUNDS:
Mutual funds’ asset base swells 11.5% in April
Banks, corporate houses help in inflows. Mumbai, May 5 The mutual fund industry has recorded an 11.5 per cent growth in asset base in April, most of it due to large inflows from banks into short-term liquid ...
STOCKS:
Realty rally surprises analysts
Indiabulls Real Estate says preferential warrants to promoters have lapsed. Mumbai, May 5 Realty stocks continued their upward journey on Tuesday as the sectoral index on the BSE surged 8.45 per cent even when the Sensex ended on a flat ...
STOCKS:
HDFC preserves asset quality
Higher interest income, lower operating costs help profit growth. HDFC reported better than expected results for the quarter ending March 2009. While interest income grew by 36 per cent, adjusted to exceptional items (as the bank sold some ...
IPOS:
SEBI bid for consistency in IPO filtering
Mumbai, May 5 SEBI has proposed bringing about uniformity in screening of applications for public issues by registrars, especially in respect of weeding out invalid ...
STOCKS:
Tata Motors: Making the most out of Nano
Tata Nano has captured huge customer interest since March 2009, when it was unveiled. Bookings for the car only seem to affirm ...
DERIVATIVES MARKETS:
Suzlon adds 57 lakh shares in open interest
Chennai, May 5 Turnover improved to Rs 52,712.16 crore it the F&O segment on the NSE on Tuesday. The NSE Nifty future maintained the four-point premium over the Nifty spot close. It ended the day at 3665.2 against the spot close of 3661.9 ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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