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MARKETS
RECOMMENDATION:
Canara Bank (Rs 339.5): Sell
We recommend a sell in the stock of Canara Bank from a short-term perspective. It is evident from the charts the stock has been on an intermediate-term uptrend from its March low of Rs 144. However, the stock’s medium-term uptrend ...
RECOMMENDATION:
Day Trading Guide
Initiate fresh short-position if DLF decline below Rs 393 with tight stop-loss. The neat-term stance is negative for ICICI Bank and SBI. We recommend a sell in these two counters. ...
STOCK MARKETS:
Sensex tumbles on heavy sell-off
Profit-booking, fear of liquidity tightening affect sentiment; realty, metal stocks fall sharply. Mumbai/Chennai, Oct. 27 Equity markets posted their highest fall in the last two-and-a-half months, on weak global cues and on account of the RBI ...
INVESTMENTS:
Banks told to lend directly to cos
Banks should lend directly to corporates and not through the intermediation of mutual funds, according to the Reserve Bank of India Governor, Dr D. Subbarao. Speaking on the issue of banks parking sizeable surplus in debt schemes of mutual ...
STOCKS:
Lanco Infra net zooms; board okays stock split
Hyderabad, Oct. 27 Lanco Infratech Ltd registered a 123 per cent growth in profit after tax and the revenue was up 51 per cent for the second quarter ended September 30, 2009, over the corresponding period last ...
IPOS:
Astec Lifesciences plans IPO for Rs 61.5 cr
Mumbai, Oct. 27 Astec Lifesciences, an agro-chemical and pharma company, is entering the capital market with an initial public offering of 75 lakh ...
IPOS:
Thinksoft jumps 56% in 2 days
Chennai, Oct. 27 Despite across-the-board fall witnessed in our market on Tuesday, the recently listed Thinksoft Global bucked the ...
STOCK MARKETS:
RBI sets stage to reverse certain stimulus steps
Higher provisional coverage may affect banks’ profitability. BL Research Bureau The RBI’s Credit Policy has proved to be much more hawkish than what market watchers ...
STOCKS:
Tata Steel: Depressed show on global pressure
Tata Steel’s overseas operations were expected to weigh on its consolidated results for the September quarter. But even the standalone numbers, disclosed on Tuesday, have come as quite a ...
DERIVATIVES MARKETS:
Record turnover in F&O segment
Chennai, Oct. 27 The NSE F&O segment registered the highest ever turnover of Rs 1.21 lakh crore, surpassing the previous high of 1.16 lakh crore recorded on ...
Columnists:
Harish Bijoor
Ramanujam Sridhar
S Ramesh Kumar
Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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