The Indian stock markets are expected to witness weak start on Dalal Street as the global cues looked unsupportive. SGX Nifty is trading 50.50 points lower. Events for the day: Godrej Properties rights issue of equity shares in ratio of 8:29 of Rs10 each at premium of Rs315 RCF to quote Final Read More
August 2013
The start on the Dalal Street is going to be in the red zone led by negative global peers. SGX Nifty is also trading 64.50 points lower. Events for the Day: IGL and HT Media to quote Final Dividend Indian Indices: The Indian markets are likely to fall tracking weak global sentiments. SGX Read More
Indian stock markets and the rupee are likely to open lower for a third consecutive day. Nifty futures on the Singapore Exchange (SGX) pointed to over 60 point cut on Tuesday. The rupee is poised to hit another record low high at open with non-deliverable forward (NDF) rates signalling the currency may test Read More
Indian stock-index futures dropped after the nation’s currency sank to a record low, with the benchmark equity index poised to enter a technical correction. SGX CNX Nifty Index futures for August delivery fell 0.8 percent to 5,368 at 10:12 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index tumbled 1.7 percent to 5,414.75 yesterday, the Read More
Capital goods shares plunge, BHEL at 8-year low BHEL,L&T, Punj Lloyd, Jindal Saw, Crompton Greaves, Suzlon Energy and Bharat Electricals are down 2-8% on BSE. GMR Energy to float Rs 1,000-cr public offer GMR Infra’s net loss widens GMR Read More
Reuters Market Eye – Foreign institutional investors (FIIs) extend selling in index futures for a fourth day on Friday, totalling sales of 20.63 billion rupees, indicating they are bracing for lower levels in cash shares in the near term, dealers say. Derivatives analysts say the rise in outstanding positions in index futures, coupled with a Read More
Indian stocks dropped, led by the biggest two-day plunge in banks since the global financial crisis, amid concern that policy makers will sacrifice economic growth as they seek to stem the rupee’s slide to a record. State Bank of India lost 1.7 percent and ICICI Bank Ltd. (ICICIBC) slumped 3.3 percent. The 13-member S&P BSE Read More
Aug 19 (Reuters) – GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange (SES: S68.SI – news) down 0.76 percent and the MSCI (NYSE: MSCI – news) -Asia Pacific index excluding Japan falls 0.15 percent. * Asian markets face a tense few days waiting to see if minutes of the Federal Reserve’s last policy Read More
I am short on Future Retail August futures at Rs 84 and Coal India at Rs 260 and also holding a long position on Bank Nifty futures at 9505. Kindly advice. — Amit Future Retail: The outlook remains negative for Future Retail. It finds support at Rs 69 while resistance appears at Rs 88. The Read More
Capital goods shares plunge, BHEL at 8-year low BHEL,L&T, Punj Lloyd, Jindal Saw, Crompton Greaves, Suzlon Energy and Bharat Electricals are down 2-8% on BSE.