MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Feb. 7 Elgi Equipments Ltd’s Board has approved the proposal to set up wholly owned subsidiaries in Sharjah (Free Trade Zone) and Brazil. With reference to the earlier announcement dated January 29 whereby ...
More
NEW FUND OFFER
Morgan Stanley A.C.E. Fund launched
Mumbai, Feb. 7 Morgan Stanley Mutual Fund has launched its open ended equity scheme Morgan Stanley A.C.E (Across Capitalisation Equity) Fund. The New Fund Offer priced at Rs 10 per unit, which will be inclusive of the entry load of 2.25 ...
More
Mirae Asset India launches Opportunities Fund
Mumbai, Feb. 7 Mirae Asset Global Investment Management (India) has launched its first equity fund, which is an open-ended diversified equity fund, the Mirae Asset India Opportunities Fund. The investment objective of the fund would be ...
More
STOCKS
Strong show by infrastructure cos
Interest costs moderate, but tax incidence trims profit growth
More
HUL promoter holding up marginally
More
TECHNICAL ANALYSIS
Bear domination
However, the sentiment reading of the tradable counters changed to bullish. Bear move on Friday is likely to change the sentiment reading in their favour. On the contrary, the current sentiment is likely to be strengthened with ...
More
STOCK MARKETS
Sensex tanks 612 pts to reach sub-18,000 levels
US recession fears continue to worry markets
More
Bad day for stock futures
Turnover continued to be on the lower side in the F&O segment. The total derivatives turnover went down to Rs 40,900 crore from the previous day’s Rs 42,200 crore. The discount of Nifty February future widened further to 33.25 points ...
More
Dowdward pressure
More
FOREIGN INSTITUTIONAL INVESTORS
Reliance Entertainment places 3% equity with George Soros
Plans new television channels
More
RECOMMENDATION
TODAY'S PICK
Everest Kanto Cylinder (320.35): Buy
We recommend a buy in Everest Kanto Cylinder from a short-term perspective. It is evident for the charts of Everest Kanto Cylinder that it has been on steady and gradual long-term uptrend since July 2005 low of Rs 54. Recently, the stock resumed ...
More
Day trading guide
The stock’s downtrend is likely to prolong. We maintain our sell recommendation in this counter.Infosys The stock has resumed the long-term downtrend by declining consecutively in the past three trading ...
More
IPOS
Wockhardt Hospitals pulls out IPO; refund in 15 days
Poor response triggered by volatility and weak market sentiment
More
Wockhardt Hospitals: First IPO casualty since July 2006
Offer fails to garner enough subscriptions
More
Rural Electrification Corp IPO to raise up to Rs 1,640 cr
Issue from Feb 19-22; price band at Rs 90-105
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds