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MARKETS
RECOMMENDATION:
Brigade Enterprises (Rs 94.2): Sell
We recommend a sell in Brigade Enterprises from short-term trading perspective. It is evident for the charts of Brigade Enterprises that from its 52-week low of Rs 27.8 touched in early March, it has been on an intermediate-term uptrend. ...
RECOMMENDATION:
Day Trading Guide
We reiterate our sell recommendation in DLF. ICICI Bank is experiencing selling interest and SBI has formed a bearish engulfing candlestick pattern. We recommend a sell in these ...
STOCK MARKETS:
Morgan Stanley Asia now more bullish on India than on China
Congress victory in elections changed the outlook, says Chairman. Mumbai, June 3 The definitive Congress win in the recent general elections has altered his outlook on India, said Mr Stephen S. Roach, Chairman of Morgan ...
FOREIGN INSTITUTIONAL INVESTORS:
Norwest Venture to acquire 2.11% in NSE
Deal values exchange at over Rs 12,000 crore. Chennai/Mumbai, June 3 Norwest Venture Partners, a multi-stage investment firm based in California, has agreed to pick up 2.11 per cent stake in the National Stock Exchange. The deal, organised by ...
STOCKS:
Auto majors’ bankruptcies add to challenges facing IT vendors
Reliance on BFSI and telecom verticals may have to be enhanced. The impact of the US recession is beginning to show in the non-BFSI verticals of IT ...
DERIVATIVES MARKETS:
Suzlon, Tata Steel, Unitech continue to see accumulation
Turnover remained healthy at Rs 65,165.46 crore in the F&O segment on the NSE. The Nifty May future closed flat at 4540.2 against the spot close of 4530.7. It also added 27 lakh shares in open interest ...
OPEN OFFERS:
Satyam breaches Tech Mahindra offer price
Mumbai, June 3 The stock of Satyam Computer Services has been trading above acquirer Tech Mahindra’s open offer price of Rs 58 a piece for the last ...
STOCKS:
Clayton Dewandre divests stake in Sundaram Clayton
Mumbai, June 3 More than 74 lakh shares of auto parts major Sundaram Clayton changed hands among promoters under block deals and bulk deals reported on the BSE ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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