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MARKETS
FOREIGN INSTITUTIONAL INVESTORS:
Late-hour selling sends Sensex down 390 points
Concern over deficit rainfall triggers panic. The stock market saw a huge fall in the penultimate hour of trade on Thursday, after media reports raised fresh fears over the ...
RECOMMENDATION:
Crompton Greaves (Rs 275.05): Sell
We recommend a sell in Crompton Greaves from a short-term perspective. It is evident from the charts of Crompton Greaves that after bottoming in late March at Rs 99, it was on an intermediate-term up trend till July peak of Rs 320. However, ...
RECOMMENDATION:
Day Trading Guide
The near-term outlook is bearish for DLF. We recommend a sell in this counter. Utilise rallies to sell ICICI Bank and SBI with tight stop-loss at Rs 780 and Rs 1,820 respectively. ...
STOCKS:
Sugar stocks hog limelight on retail price rise
Imports may not be viable as international price jumps. Mumbai, Aug. 6 The stocks of sugar companies on the BSE were in great demand on Thursday as investors expected the retail sugar prices to gain further on the back of a five-million -tonne ...
IPOS:
Listing of BSE shares may come up at today’s AGM
Mumbai, Aug. 6 The issue of public listing of shares of Bombay Stock Exchange may be raised by shareholders at the Exchange’s AGM scheduled ...
STOCKS:
HOEC at peak on hydrocarbon hopes
Chennai, Aug. 6 On the NSE today, Hindustan Oil Exploration Company (HOEC) reached its year-high of Rs 196.05, which was Rs 32.70 more than the previous close of Rs ...
IPOS:
Bangla regulator allows Marico’s arm to increase IPO size
Kolkata, Aug. 6 The Securities & Exchange Commission (SEC) of Bangladesh has approved raising the extent of public offering from 5 per cent to 10 per cent of the total paid-up capital of Marico’s wholly owned subsidiary, ...
STOCKS:
Great Offshore continues to see higher activity
Mumbai, Aug. 6 The shares of Great Offhore were again in the limelight on ...
FOREIGN INSTITUTIONAL INVESTORS:
Merrill Lynch offloads stake in Indiabulls Real Estate
Mumbai, Aug. 6 Merrill Lynch Capital Markets Espana sold 22.28 lakh shares of Indiabulls Real Estate on Thursday through the bulk deal route on the NSE. The shares were sold at Rs 238.72 a share, bringing the total to Rs 53.18 ...
DERIVATIVES MARKETS:
Momentum counters shed open interest
Chennai, Aug. 6 The Nifty August future tumbled sharply with higher turnover, which jumped to Rs 73,819.4 crore. In the process, the Nifty August future also dipped into discount at 4,578.25 against the spot close of 4,585.8. It added 24.2 ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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