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MARKETS
RECOMMENDATION:
Jindal Saw (Rs 533.5): Sell
We recommend a sell in Jindal Saw from a short-term perspective. It is apparent from the charts that the stock was on a medium-term uptrend from its July low of Rs 318 to August peak of Rs 591. The stock breached its medium-term uptrend-line ...
RECOMMENDATION:
Day Trading Guide
The near-term stance is cautious for DLF, desist trading in it for the day. Initiate fresh short position if ICICI Bank drops below Rs 730 and SBI tumble below Rs 1715, with ...
STOCKS:
Car cos not dampened by deficit monsoon
Two-wheeler-makers not so sanguine. BL Research Bureau Concerns about the poor monsoon impacting sales growth have weighed on automobile stocks in recent weeks, with the BSE Auto Index declining 1 per cent in ...
IPOS:
NHPC makes debut on lukewarm note
Retail investors disappointed as stock gains only 2%. Mumbai, Sept. 1 The shares of NHPC were listed at a premium of 16.7 per cent to its issue price of Rs 36 on the NSE on ...
REGULATORY BODIES & RULINGS:
Bharati, ABG tussle for Great Offshore hits SEBI roadblock
Open offers have not got statutory approval. Mumbai, Sept. 1 The tug-of-war between Bharati Shipyard and ABG Shipyard to gain control of Great Offshore has now hit a stumbling block with SEBI yet to give statutory approval for the open ...
STOCKS:
Maytas maintains momentum
Stock gains 5%; on upward move since IL&FS takeover news. Hyderabad, Sept. 1 The news of IL&FS taking over the management control of Hyderabad-based infrastructure company Maytas Infra Ltd continues to lift the stock to new highs each ...
REGULATORY BODIES & RULINGS:
Austral Coke barred from raising capital
SEBI has, in an interim order, barred Austral Coke And Projects Ltd from raising any further capital in any manner, directly or indirectly. SEBI’s order follows the Income-Tax Department’s communication to SEBI of the manipulation in ...
REGULATORY BODIES & RULINGS:
Check UN list for suspicious entities, SEBI tells intermediaries
Mumbai, Sept. 1 SEBI has directed registered intermediaries to immediately inform it of suspicious accounts of individuals or entities who are subject to various sanction measures and figure on the updated United Nations ...
STOCKS:
Losing bid may bung spanner on Sterlite expansion plans
Verdict obviates the need of $3.62 b debt. Sterlite Industries has suffered a setback in its long-drawn battle with Grupo Mexico, to acquire the mines of bankrupt copper maker Asarco, with a US Bankruptcy Court recommending the latter for ...
DERIVATIVES MARKETS:
Unitech adds 74 lakh shares in open interest
Chennai, Sept. 1 Turnover jumped to Rs 74,486.28 crore on Tuesday as Nifty turned volatile. The Nifty September futures also surrendered its premium and ended in discount at 4623.35 against the spot close of 4625. It added 22.83 lakh shares ...
Columnists:
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Harish Bijoor
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Ramanujam Sridhar
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S Ramesh Kumar
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Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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