| The Hindu Business Line: Markets | |
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REC finds berth in MSCI index: Rural Electrification Corporation will be included in Morgan Stanley Capital International (MSCI) Global Standard Indices from May |
Corporate news: Borosil Glass Works Ltd's board of directors has decided to seek approval from the shareholders to transfer, sell, lease or otherwise dispose of the company's closed undertaking at Marol, Mumbai and the Board also reviewed its earlier decision to |
Dinesh Dalmia bail plea quashed: A Division Bench of the Calcutta High Court on Wednesday rejected the bail prayer of Mr Dinesh Dalmia, DSQ Software promoter, in connection with the 2001 Calcutta Stock Exchange scam. Mr Dalmia is the prime accused in the fraud case and is in the |
Shriram Transport plans Rs 250-cr NCD issue: Shriram Transport Finance Company plans to raise Rs 250 crore through a non-convertible debenture issue with a green-shoe option for an equal |
Ashok Leyland moves into top gear: Ashok Leyland counter on Wednesday created a 52-week high at Rs 68 on increased demand, but closed lower at Rs 67, with a gain of over 2 per cent. About 2.82 crore shares changed hands on the NSE and |
Cautious banks, MFs turn to govt securities: The State Government securities have become attractive to banks and mutual funds as financial markets turned cautious on the unfolding crisis in Europe. Spreads between 10-year sovereign paper and the State development loans (SDL) have dropped to |
TRAI move is bad for telecom: Analysts: Shares of Bharti Airtel and Idea Cellular fell between 7 and 8 per cent on Wednesday following TRAI's |
Improved margins boost Jubliant Organosys numbers: Jubilant Organosys, a leading custom research and manufacturing services company, seems to have ended the quarter on a rather jubilant |
Q4 results: A mixed bag for cement cos: Players who were able to realise higher prices did well as they managed to set off the rise in input costs against their realisations. Others, however lost the |
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Day Trading Guide: Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation |
Bharti Airtel, Idea Cellular add more short position: Turnover remained buoyant at Rs 89,915 crore in the F&O segment on the NSE on Wednesday. The Nifty futures closed in discount at 5150.2 with respect to the spot close of 5156.65. For the first time in the last three days, the Nifty futures |
OnMobile Global (Rs 335.7): Sell: We recommend a sell in the stock of OnMobile Global from a short-term trading perspective. It is evident from the stock's chart that from its July 2009 peak of Rs 682, the stock has been on an intermediate-term downtrend. Moreover, the stock is |