Corporate developments
NEW FUND OFFER
Lotus India mutual launches fixed maturity plan
Lotus India AMC, a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide has launched a closed-ended debt scheme - Lotus India Fixed Maturity Plan – 3 months – series XVIII. The scheme is open for ...
More
STOCKS
Yet another overseas buy for Indian Hotels
Acquires 10% stake in Orient Express
More
Moser's decisions appear strategic
Product diversification on the cards
More
TECHNICAL ANALYSIS
Bull domination
Tuesday’s trading activity witnessed a bull domination. The sentiment reading of the tradable counters changed to bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, ...
More
STOCK MARKETS
Bank stocks shine as Sensex gains 165 points
Mumbai, Sept. 18 The market, which began the week on a positive note, continued the trend on Tuesday with the Sensex gaining 165 points to close at 15,669.12. Bank stocks were active with the banking index going up by 2.47 per cent on ...
More
Adani Enterprises jumps
The stock of Adani Enterprises shot up by 12 per cent on Tuesday to Rs 460.15 over Monday’s price. Over a month’s time, the stock has gained 26.17 per cent. Tuesday’s volume also jumped four-fold to 16.46 lakh shares against its ...
More
DERIVATIVES MARKETS
Nifty future turns into premium
Chennai, Sept. 18 As markets bounced back from a flat start, the Nifty September futures surged on the back of heavy volumes. Tuesday’s turnover stood at Rs 45,000 crore against the last five-day daily average of about Rs 40,000 crore. ...
More
FOREIGN INSTITUTIONAL INVESTORS
Promoters not to pare stake in Rajesh Exports
Foreign players keen on picking stake in company
More
RECOMMENDATION
Today’s Pick: Action Construction (Rs 330)
We recommend a buy in Action Construction Equipment at current level. The stock fell sharply from its life-time high at Rs 400 to the trough at Rs 162 in March.
It has gained over 100 per cent since this low. The movement since May can be ...
More
Day Trading Guide
The stock has key resistance at Rs 932. Buying is recommended only if the stock moves above this level with strong volumes.
InfosysThe stock formed a doji denoting indecision. Trading is not recommended in this stock for the day. ...
More
IPOS
Nagreeka Capital lists at 20% premium
Mumbai, Sept 18 The stock of Nagreeka Capital & Infrastructure Ltd listed on the BSE today at a premium of 20 per cent against the offer price of Rs 95 at Rs 114.On the NSE, it opened at Rs 95 which is the offer price. The stock ...
More
Brigade Enterprises files for draft red herring prospectus
Bangalore, Sept. 18 Bangalore-based real estate company Brigade Enterprises Ltd has filed its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering. The company aims to fuel its future ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line