MARKETS
ANNOUNCEMENTS
Corporate developments
GTL Infrastructure has informed that it has completed its Foreign Currency Convertible Bonds (FCCBs) issue of $300 million — firm basis $250 million and green shoe option of $50 million — at a conversion price of Rs 53.04 per ...
More
NEW FUND OFFER
IFCI Venture launching PE fund for auto sector
Focused entirely on domestic automotive components industry, IFCI Venture Capital Funds Ltd is launching a private equity fund in association with German consultancy UBF-B worth €100 million (about Rs 550 crore). The fund managers ...
More
STOCKS
CRR hike may impact realty players
Kolkata, Oct. 30 The Reserve Bank of India’s move to hike cash reserve ratio by 50 basis points is likely to reduce the availability of rupee-denominated capital for real estate developers. According to industry insiders and ...
More
CRR hike: Auto index worst hit
Benchmark underperforms other indices
More
IMPACT
Glenmark deal: Phase II success is crucial
One of the largest licensing pacts in terms of fees
More
TECHNICAL ANALYSIS
Volatile movement
Tuesday’s trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. NIFTY FUTURES: ...
More
STOCK MARKETS
RBI policy pushes Sensex down
More
DERIVATIVES MARKETS
Open interest dips in Reliance Capital
Chennai, Oct 30 The F&O segment of the NSE saw an improved turnover of Rs 89,601 crore against Monday’s figure of Rs 69,537 crore. Amidst volatile condition, the Nifty November future premium dipped marginally to 15.3 points (against ...
More
FOREIGN INSTITUTIONAL INVESTORS
We cannot afford shocks, says Chidambaram
New Delhi, Oct. 30 The Finance Minister, Mr P. Chidambaram, on Tuesday said the country needs to put in place appropriate regulations and risk management systems to manage the surging capital inflows even as he welcomed such flows into the ...
More
RECOMMENDATION
Today's Pick: Steel Authority of India (Rs 261.05)
We recommend a sell in Steel Authority of India (SAIL) at current levels. It is evident from the weekly chart of SAIL that it has been on a steady long-term uptrend since the July 2006 low of Rs 64. From the daily chart, we note that the ...
More
Day trading guide
The stock was very volatile in the last trading session; recording a spinning top candlestick pattern that denotes indecisiveness. Desist from trading in this stock. Infosys Infosys declined on Tuesday in line ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds