SEARCH

Reliance Capital, Samsung AMC sign pact to sell each other’s products

Our Bureau

Reliance Capital Asset Management has signed an agreement with its South Korean counterpart Sams... »

SEBI ready to give VC funds more headroom to invest abroad

Our Bureau

Enhances limit to 25% from current 10%; AIFs need not seek separate nod from RBI »

Infosys springs a surprise, announces another 1:1 bonus issue

R Yegya Narayanan

The board of directors of Infosys Ltd sprang a surprise today by recommending a bonus is... »
Broker's Call

Tech Mahindra (Buy)

Bonanza CapitalTech Mahindra (Buy)CMP: ₹583.75Target: ₹780 The... »

Crompton Greaves’ shares tank 8% on bourses

PTI

Crompton Greaves’ shares fell sharply by nearly 8 per cent today as Avantha Group will sell its... »

CSE to tie up with a clearing corporation

Our Bureau

The Calcutta Stock Exchange is expecting to sign an agreement with a national clearing corporation shortly to ensure the exchange's continuity. The latest Securities and Exchange Board of India gu... »

Sumeet Industries

The board of Sumeet Industries on Friday, after evaluating a proposal to set up coal-based captive power plant, decided to build a 15-MW power plant with a project cost of ₹75 crore using bo... »

Raj Rayon Industries

The committee of directors of Raj Rayon Industries on Friday decided to allot eight crore equity shares of ₹1 each at par amounting to ₹8 crore to shareholders belonging to promoter (1.73 cr... »

Open offer for Lykis begins on April 27

Open offer for acquisition of 26 per cent or 47.86 lakh shares from shareholders of Lykis (formerly Greenline Tea Exporter) from Kedia Securities will begin on Monday and end on May 12. Th... »

Crompton Greaves’ shares tank 8% on bourses

PTI

Crompton Greaves’ shares fell sharply by nearly 8 per cent today as Avantha Group will sell its entire holding of 34.37 per cent in demerged consumer products business of the company to private eq... »

M&M Fin Services’ shares rise nearly 4% post March results

Reuters

Mahindra & Mahindra Financial Services’ shares went up by nearly 4 per cent today after the company reported 9 per cent rise in net profit for the last quarter of 2014-15. The scrip c... »

Day Trading Guide for April 24

Day Trading Guide for April 24, 2015

YOGANAND D

Sasken fixes buyback price at ₹260/share

Our Bureau

Bengaluru-based Sasken Communication will buy back around 41.57 lakh shares through a tender offer. The board has approved this buyback which involves 41.57 lakh shares at ₹10 from existi... »

Star Ferro demerger to bring positive vibes for group: analysts

Our Bureau

The demerger of Star Ferro & Cement Ltd (SFCL) has taken effect on the bourses on Thursday. From now, shares of SFCL will only represent the cement division, while the ferro alloys division ha... »

Broker's call

Macquarie ResearchYES Bank (Ourperformer)CMP: ₹851.40Target: ₹1,000YES Bank 4Q15 profit numbers were in line with our estimates despite excess provisioning. Loan... »

SQS India BFSI board recommends Rs 20 dividend

Will Infosys turn the tide for IT sector?

Open offer for Disa India begins today

Hong Kong shares close lower

YES Bank shares rise on fund raising plans, good Q4 show

Steel shares rise on BofA Merrill research action

Asia shares record new peaks, weather China news

Sensex drops 155 points, Nifty dips below 8,400

Indraprastha Gas (₹444.4)

Broker's Call

Tech Mahindra (Buy)

Bonanza CapitalTech Mahindra (Buy)CMP: ₹583.75Target: ₹780 The stock price of Tech Mahindra (TechM) corrected by about 20 per cent from ₹749 despite reporting go... »

Vaibhav Global Ltd

Vaibhav Global Ltd has informed the exchanges that Sonymike's Holdings Ltd, a promoter group company and GDR holder, has converted three lakh GDRs into 30 lakh equity shares of ₹10 each of t... »

Kar Mobile merger with Rane Engine on Monday

The ex-date for the merger of Kar Mobiles with Rane Engine Valve has been fixed on April 27. Rane Engine will issue seven fully paid-up equity shares of ₹10 for every 10 equity shares of ₹... »

ICICI, Maruti, UltraTech numbers in 2 days

Saturday and Monday will see a host of companies coming out with their financial performance for the fourth quarter (January-March) and annual periods. While UltraTech Cement, Petronet LNG... »

The Nifty call: Go short on rallies with stop-loss at 8,400 levels

Yoganand D,BL Research Bureau 

Nifty April Futures (8,368) The short-term downtrend in Nifty futures remains intact. After opening flat at 8,406, the contract trended lower, breaking its key support at 8,400... »

Sensex extends losses, down 297 points at 27,437

Our Bureau/ Agencies

The Sensex plunged 297 points or 1.07 per cent to close Friday's session at 27,437.94. The Nifty also finished down 93 points or 1.11 per cent at 8,305.25. The sectoral indices were all... »

Kalpataru Power Transmission (₹240.9)

Yoganand D, BL Research Bureau

The stock of Kalpataru Power Transmission surged 3.6 per cent accompanied by above average volume on Thursday. This rally provides bullish momentum to the stock. Investors with a short-term perspe... »  
BL Interview

‘Current fall is a minor blip in the long-term bullish trend’

MAHESH PATIL co-CIO, Birla Sun Life AMC

Suresh P Iyengar

The capital market has been on a topsy-turvy ride with lots of uncertainty over future growth. Riding on the positive sentiment on the Narendra Modi government, mutual funds have launched a... »

YES Bank gets nod for raising FPI limit

Our Bureau

YES Bank’s board of directors has approved a proposal to seek final shareholder approval for increasing the investment limit for foreign portfolio investors (FPIs) in the paid-up share capital of... »

R Systems International closes buyback proposal

The board of R Systems International on Thursday approved a proposal for closure of the buyback on April 23.The board also approved the acquisition of a Singapore based ERP company having op... »

National Fertilizers' Vijaipur-I urea Plant resumes production

Apex Court verdict: IGL will be in focus

European shares, euro slide after soft PMIs

Fund raising plans lift Jet Airways stock 4%

The Nifty call: Go short with stop-loss at 8,455

China stocks hit 7-year high despite weak factory data

Day Trading Guide for April 23

Tax issue: FinMin seeks to address FPIs’ concern

Markets Live: Sensex drops 155 points, Nifty dips below 8,400

  • Comments to: web.businessline@thehindu.co.in. Copyright © 2015, The Hindu Business Line.