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MARKETS
RECOMMENDATION:
Indian Hotels Company (Rs 88.6): Buy
We recommend a buy in Indian Hotels Company from a short-term perspective. The stock’s 5 per cent jump on November 11 has reinforced its intermediate-term uptrend that has been in place since its March low of Rs 34. With this gain ...
RECOMMENDATION:
Day Trading Guide
Initiate fresh long position in DLF only if the stock moves beyond Rs 395, with tight stop-loss. Negating our prior view ICICI Bank moved up in the last trading session. Fresh long position can be ...
STOCK EXCHANGES:
MFs online trading platform likely by March
BSE planning to diversify into a multi-asset exchange. Mumbai, Nov. 11 The common online trading platform for mutual funds may be ready for investors by March, said the Chairman of the Association of Mutual Funds in India (AMFI), Mr A.P. ...
STOCK MARKETS:
FIIs continue buying; focus on mid- and small-cap segments
Citigroup remains active; offloads stake in L&T, Suzlon. Kolkata, Nov. 11 Foreign institutional investors are continuing their shopping spree since the beginning of the new Indian trading year on October 16, the Diwali ...
IPOS:
IPO scam: SEBI panel blames it on NSDL’s laxity
Mumbai, Nov. 11 The two-member committee appointed by SEBI to probe the NSDL’s role in the IPO scam had faulted the depository for its failure in detecting the large-scale fraud that was present in a particular depository ...
FINANCIAL SERVICES:
Royal Sundaram, Geojit tie up
Kochi, Nov. 11 Royal Sundaram Alliance Insurance Company Ltd is partnering Geojit BNP Paribas to offer savings and investment ...
MUTUAL FUNDS:
Norwegian fund looking at green Indian options
New Delhi, Nov. 11 The second largest sovereign wealth fund, the $400-billion Norwegian Pension Fund, which invests 1 per cent of its funds here, is planning to focus on companies that emphasise climate, environment and clean energy, ...
STOCKS:
Buying Brazilian sugar grower fits well with Renuka’s strategic plan
Funding for the deal may lift the leverage but not to alarming levels. The move by Shree Renuka Sugars (Renuka Sugars) to acquire Brazilian sugar grower and producer Vale Do Ivai SA at an enterprise value of $240 million (about Rs 1,100 crore) ...
DERIVATIVES MARKETS:
Tata Motors hogs limelight
Chennai, Nov. 11 Turnover improved to Rs 86,963 crore on Wednesday. The Nifty Nov futures moved into a premium, thanks to the creation of fresh long positions. It ended at 5013.95 against the spot close of 5003.95 and added 6.98 ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
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