Markets - Investment - Venture Capital - Banking & Capital Market Systems - Management Consulting - Right of centre
Even as US markets reel, crude sheds 2 to 3%. Gold up by 1.5%.
#Nifty 11750, +9 pts. As said 22Aug when at 10900, did fall rapidly and found intermediate bottom (?) at 10638 today earlier on. Benefit of playing a recovery in markets outweigh a bear game! Stocks/sectors mentioned did fall big and now part of rise. Reliance HDFC twins Metals !
Don't expect L&T to pursue buy-back proposal now, even if SEBI relaxation helps. Would like to preserve cash post Mindtree acquisition !
2012 to 2019... a long time ! P Chidambaram rules out probe into Robert Vadra-DLF transactions //economictimes.indiatimes.com/articleshow/16732595.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
#Nifty 10900, -19 pts soon after open. The low talked about 6Aug consummated in a high 11181 on 9Aug. Thereafter a slow and choppy slide in place; lower tops and bottoms. Expect to go down 10600 levels; could be a rapid drift down! Reliance Banks HDFC twins Metals in down course!
#ITC 242.70, -1.5% #CoffeeDay 72.50, +5% upper circuit, 2nd day! ITC gets 1700 odd retail outlets in one acquisition! Buying CDEL is like taking on so many good & bad apples as a basket! May be taking over CoffeeDay biz as proposition?
#Parle #Britannia Looks like biscuit manufacturers need some relief. But that is not going to help them in a big way!
TCS is the saviour. In fact Tatas and Birlas are finding it difficult to float around with their past megalomaniac acquisitions! Don't want to sound gloomy!
#TataMotors 113.70, -8% What is new to take the stock down so much. Negative news is part of the price anyway. #TataSons N. Chandrasekaran's interview was quite sedate, thought!
#Oberoi #Realty 539, -1.3% #Capacite #Infraprojects 206, -8% Widespread Tax evasion remained hidden all these years, seems!
#NMDC 91, -10% CPSE index down by 1.25% At this rate any worthwhile flows from Govt disinvestment aren't going to happen!
#Nifty 11000, -54 pts After languishing thro the morning session, showing a sudden spike driven by banks...
#EICHERMOTORS 16015, -2% Reports Suggest Royal Enfield BS-VI rollout plans ride on outcome of IP case May face hurdles in rolling out BS-VI products Needs to resolve patent infringement dispute with parts maker, Flash Electronics @CNBC_Awaaz #AwaazMarkets
#DMart Avenue Supermarts at 1495 is super valued! Asking growth rate 30 to 40%
#MahanagarGas up 10% at 860 British Gas sells stake in the company. Opposite reaction has trapped shorts, bruised! #stocks #markets #MGL