MARKETS
TECHNICAL ANALYSIS
Bull sway
THE sentiment reading of the tradable counters stands strongly bullish with no downtrend counters. Bear domination on Tuesday is likely to reduce the bull count to a bare minimum thereby neutralising the sentiment reading. Otherwise, the ...
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STOCK MARKETS
Sensex up 81.21 on value-hunting
THE bourses were up for the third day today as market players went value-hunting before the Union Budget. Broad-based buying across sectors and sizes ensured that the indices were in the green all day. The Sensex gained 81.21 points, an ...
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NRIs submit wish list to SEBI task force
NOW that Indians are allowed to invest $25,000 abroad, non-resident Indians (NRIs) are seeking permission to similarly invest a maximum of $25,000 in the secondary market in India in a year without prior RBI approval. This is one of the ...
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Mercator Lines up on heavy buying
THE stock of Mercator Lines witnessed heavy buying on the bourses on talk of the company going in for one or two Very Large Crude Carriers (VLCCs) to cash in on the firm tanker freight market projected for the current year. The stock, which was ...
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Arvind Mills on a good spin
A BUY report by Kotak fuelled the stock of textile major Arvind Mills, with the counter appreciating by almost 10 per cent on the bourses on Monday. Dealers said that the feel good factor spilled over to other counters such as Malwa Cotton ...
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L&T ends weak in volatile trade
LARSEN & Toubro stock today fluctuated sharply and closed two per cent lower on the BSE and NSE predominantly on trading calls. The stock had appreciated by eight per cent on Friday. According to dealers, the trading resumption in the counter .
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Steel stocks back in limelight
AFTER being hammered down in the last couple of months, steel companies shares are being bought back by market players on expectation that consumption and prices may not fall in the remaining part of the year. Dealers said that the fear of ...
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DERIVATIVES MARKETS
ACC: Outlook positive, buy July futures
THE following strategies are based on Monday's trading in the spot and the derivatives segments on the NSE: ACC: The stock closed at Rs 241 in the spot market. The outlook appears positive. The upside price target is Rs 257. If stock ...
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COMMENTARY
A merry day at the markets
INVESTORS had reason to cheer on Monday, with the markets surging for the third day in a row. Click here for table The benchmark indices soared on the back of all-round buying, with the IT, steel, cement and banking ...
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Stock Quotes
SE Diary
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