MARKETS
STOCKS
Citi accepts Rs 975 as exit price for e-Serve
CITIBANK Overseas Investment Corporation is set to invest over Rs 515 crore to acquire a majority ownership of e-Serve International Ltd that will allow it to subsequently delist e-Serve from the stock exchanges. Citbank Overseas has accepted ...
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TECHNICAL ANALYSIS
Bears prevail
THE sentiment reading of the tradable counters continues to remain bearish. Further bear pressure on Tuesday is likely to reduce the bull count to bare minimum. Otherwise, the prevailing sentiment is likely to continue with a slight change in its ...
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STOCK MARKETS
Hexaware maintains upward trend
THE stock of Hexaware Technologies Ltd has been riding the crest of sustained investor interest, ruling firm in an otherwise volatile market. Brokers said that good revenue growth coupled with the fact that the company's performance has been ...
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Upgrade makes HLL attractive
THE counter of FMCG major Hindustan Lever on Monday witnessed increased buying leading to rise in the stock price. On the BSE, the stock price was up 3.08 per cent at Rs 110.35 with volume of 12.63 lakh shares. On the NSE, it closed at Rs ...
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Mid-cap stocks shine post-budget
AFTER giving high returns last year, mid-cap stocks are again on the buy list of most of the investors, especially after the Union Budget, with their returns better than large cap stocks. Brokers and analysts attribute higher gains for mid-cap ...
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Goetze gains on value buying
THE GOETZE India Ltd (GIL) stock is gaining in favour with certain market players, who are looking for mid-cap counters with low P/E ratio. The stock on Monday surged 10 per cent and closed at Rs 88, the intra-day high on the BSE. The stock's ...
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DERIVATIVES MARKETS
PNB: Outlook negative, sell Sept futures
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE: Reliance Industries: The stock closed at Rs 451 in the spot market. The outlook appears negative. The downside price target is Rs ...
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COMMENTARY
Steel majors' move fails to cut ice in bourses
THE markets began the week on a negative note, as rising inflation continues to haunt investors. Even as steel majors announced price cuts to temper the rise, market players reacted by selling steel stocks. The stocks of index heavyweights ...
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