MARKETS
ANNOUNCEMENTS
Corporate developments
Coimbatore, Feb. 11 Dwarikesh Sugar Industries Ltd has said that the power generation unit at the company’s Dwarikesh Puram plant in Afzalgarh, Bijnore District, Uttar Pradesh, was synchronised with the grid of UPPCL. ...
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STOCKS
IT index bucks the trend
Other indices close in red; Cognizant’s guidance gives comfort
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Some value buying seen in Reliance Power below Rs 400
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Investors deserting stocks linked to power, realty
Significant price erosion seen from October-February highs
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TECHNICAL ANALYSIS
Bear domination
Bear dominated over Monday’s trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the current sentiment is ...
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STOCK MARKETS
Sensex slips 833 points on weak global cues
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Sharp drop in open interest for all Anil Ambani group counters
Fresh shorts added in closing hours on Nifty futures
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Stock questions
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RECOMMENDATION
TODAY'S PICK
Lanco Infratech (Rs 399.80): Sell
We recommend a sell in the Lanco Infratech stock from a short-term perspective. It is clearly evident from the charts of Lanco Infratech that the stock had been on long-term uptrend from its April 2007 low of Rs 137 to its all-time high of Rs 887 ...
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Day trading guide
The stock has formed a doji candlestick pattern in the last trading session, indicating neutral stance. Traders should be cautious at this stage. Avoid trading in this counter for the session.More
IPOS
Reliance Power goes below issue price on debut
Opens at Rs 547 but closes 17% down at Rs 372.50 on the BSE
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RPower listing fails to cheer up investors
High excitement distinctly absent this time
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Experts blame hype, leveraged buy for IPO spoilsport
Chennai, Feb. 11 Reliance Power listing was a big disappointment for retail investors, who applied heavily for the IPO. Millions investing in the stock have had their hopes and dreams shattered, with the share price falling to as low as Rs ...
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