MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Dec. 19 Global Broadcast News Ltd’s Board of Directors has approved the splitting of the nominal value of the equity shares of the company from Rs 10 per share to Rs 2 per share. The company owns and ...
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STOCKS
India Cements plans pref issue to QIBs
Chennai, Dec. 19 India Cements plans to issue equity shares to qualified institutional buyers to raise Rs 592.50 crore, according to information provided by the company to the stock exchange.The company, which last week obtained ...
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Suzlon raises Rs 2,183 cr thru QIP route
Global wind energy major Suzlon Energy Ltd has raised Rs 2,183 crore by selling shares to selected investors through the qualified institutional placement (QIP) route. The money thus raised will be used to repay part of the debt raised to fund ...
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Banking stocks riding low on profit booking
Trade at high multiples seems to have put pressure
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DCM Shriram converts warrants
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TECHNICAL ANALYSIS
Bear domination
Bears dominated over Wednesday’s trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the current ...
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STOCK MARKETS
Sugar counters turn active
Nifty rollover seen at 29%
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Excel Crop Care up on real estate buzz
A number of triggers appear to be working in favour of Excel Crop Care for a revaluation. The Rs 5 stock on Wednesday shot up nearly 9 per cent to finish at Rs 151 on the bourses. According to market sources, on top of better revenue ...
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REGULATORY BODIES & RULINGS
No shortage of staff for surveillance: Damodaran
Norms soon on certification for advisers
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RECOMMENDATION
Today's Pick: Fedders Lloyd (Rs 132.20)
We recommend a buy in Fedders Lloyd Corporation at current market price. From the daily chart of Fedders Lloyd Corporation, we see that it had been on a medium-term down trend between August and November (from a high of Rs 178 to a low of Rs ...
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Day trading guide
Despite the positive close on Wednesday, the short-term down trend continues to be intact. Sell the stock if it fails to move above the second resistance.Infosys The stock is moving sideways in a narrow band. ...
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IPOS
Aries Agro subscribed 7.62 times
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Jyothy Lab lists at premium
The stock of Jyothy Laboratories Ltd, a household care products company, got listed on the National Stock Exchange at a premium of 29.71 per cent at Rs 895 against the offer price of Rs 690.On the Bombay Stock Exchange it made its debut ...
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