Bharti Infratel dips 6% as OFS opens
Bharti Airtel will sell up to 45 million shares of
Bharti Infratel at a floor price of Rs 250 per share.
Infosys buyback demand finds support as investors question cash reserves
The suggested buyback price of Rs 3,850, which also is
the stock's 52-week high, is at 6.7% premium to the Wednesday's
intra-day high price
LIC to double equity investments in FY-15 to Rs 60,000 crore
Says may go higher if Sensex crosses 28,000 mark
Bhushan Steel stock drops 20%, market value down Rs 2,000 crore
Syndicate Bank has an exposure of Rs 1,500 crore in
Bhushan Steel, while Prakash Industries had borrowed Rs 120 crore from
the bank
State oil retailers in sweet spot: Macquarie
State-run oil retailers gain after Macquarie says
sector headed into "a sweet spot." Oil retailers will benefit from
falling diesel subsidy
Intraday Trading Tips For Today:
- 'BUY' M&M target of Rs 1300 and a stop loss of Rs 1229.
- 'BUY' ICICI Bank target of Rs 1414 and a stop loss of Rs 1462.
- 'BUY' Bata India target of Rs 1175 and a stop loss of Rs 1260.
- 'BUY' Info Edge Ltd target of Rs 800 and a stop loss of Rs 708.
Heighlights News:
At 0915 hours, around 12 million shares
representing nearly 2% of total equity of M&M changed hands at Rs
1,175 per share on BSE.
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The market recouped all its losses in afternoon trade with the Nifty reclaiming 7700 level supported by banks, capital goods, oil & gas and FMCG stocks. Stock trading tips
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Government clarifies that it won't interfere in pricing by oil companies.
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