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MARKETS
STOCKS:
DLF promoters sell 9.9% stake, raise Rs 3,860 cr
Capital International Fund, HSBC, Fidelity, T Rowe Price among key buyers. New Delhi, May 13 The promoters of DLF Ltd on Wednesday sold 9.9 per cent stake in the company to institutional investors, for a consideration of Rs 3,860 crore. Capital ...
RECOMMENDATION:
Glenmark Pharma (Rs 168): Sell
We recommend a sell in Glenmark Pharmaceuticals from a short-term trading perspective. It is visible from the charts of Glenmark Pharma that in March it took support just above the key support level of Rs 120 and began to trend upward. The stock ...
RECOMMENDATION:
Day Trading Guide
DLF is experiencing selling pressure at higher levels. Initiate fresh short-position if the counter declines below Rs 223, with tight stop-loss. Desist trading in ICICI Bank for the session. The near-term outlook is bearish for SBI. We ...
OUTLOOK:
Market participants take exit polls lightly
Possibility of Third Front Govt feared the most. Mumbai, May 13 Market participants are not reading too much into the exit poll figures that showed the Congress-led alliance slightly ahead of the BJP ...
STOCKS:
LIC hikes stake in Union Bank
Mumbai, May 13 Life Insurance Corporation of India has increased its stake in Union Bank of India by 2.03 per cent over the past four months, a disclosure by the bank to the stock exchanges ...
STOCKS:
Suzlon Energy promoters sell 2% stake, raise Rs 230 cr
Chennai, May 13 Suzlon Energy’s promoters have raised about Rs 230 crore by selling a 2 per cent stake in the company through a ...
STOCK EXCHANGES:
NSE buys office space in Kurla
Mumbai, May 13 The National Stock Exchange and its group companies have bought 80,000 sq ft office space in one of the four towers being built at Kurla, near here, by the Kohinoor ...
BUYBACK:
Indiabulls Sec buyback from May 14
Mumbai, May 13 Indiabulls Securities said on Wednesday that its buyback offer will commence on May 14 instead of May 6. The offer will close on March 5, 2010. On April 22, the company had announced that it would be buying back between 50 ...
STOCKS:
2 FIIs sell shares in Indiabulls Real Estate
Mumbai, May 13 Two foreign institutional investors JP Morgan Securities and Copthall Mauritius Investment offloaded shares in Indiabulls Real Estate through the bulk deal route ...
STOCKS:
Gujarat Govt deal bolsters Educomp’s order book
NIIT too takes away a part of the pie. Educomp Solutions’ Rs 83.8-crore worth of order win from Gujarat Government strengthens the order book of its ICT (information communication and technology) ...
DERIVATIVES MARKETS:
DLF adds 23.62 lakh shares; Suzlon, HDIL shed shares
Chennai, May 13 Turnover jumped to Rs 64,035.11 crore in the F&O segment on the NSE on Wednesday. The NSE Nifty future closed with a marginal premium at 3638.4 against the spot close of 3635.25. The Nifty future shed 19.87 lakh shares in ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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