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HD Fire Protect

about 8 days ago

Fundamentally Firing
Subscription Start Date :13 Oct 2026 End Date :15 Oct 2026
Issue Size : Rs. 712 cr, Issue Type : OFS
Price Band : Rs.258 to Rs. 271
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Overall Subscription : 132x
QIB : 257x,HNI :203x,Retail :30.5x,Other :24x
Listing Date : 21 Oct 2026,

Subros down as fire casts a shadow

about 11 years ago

Subros slipped over 5.5% to an intra day low at Rs.84.50 and it remains firmly in the red. The company supplies air conditioners to Maruti and its factory at Manesar suffered a huge fire, destroying its building, stock, plant and machinery. The company has insurance but it could take a while ...

Nitin Fire

about 20 years ago

Price Band : Rs. - to Rs. -
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MCX-SX - TO CRACKLE AND FIRE THIS DIWALI

about 14 years ago

Earlier when we said, "stock exchange" it meant only one thing - the Bombay Stock Exchange (BSE) but then arrived the new kid - National Stock Exchange (NSE) and soon, Over the Counter Exchange or OTC. Well, OTC fizzled out like a shooting star but NSE has shaken the very foundation of BSE. And now when both

Fulford delisting hangs on fire

about 11 years ago

On account of a procedural lapse, the delisting offer of Fulford, which began on 3rd June and ended on 9th June currently hangs in a shroud of uncertainty as the holding company of Fulford, Dashtag, failed to send the acknowledgment for the delivery of the open offer letter to a few shareholders. ...

RIL V/S GOVT - SMOKE ON THE WATER, FIRE IN THE SKY

about 15 years ago

The news which greeted us all of us today morning with almost sadistic pleasure was about Reliance Industries being slapped with a notice from the Oil Ministry, disallowing cost recovery of US$ 1.45 billion from KG-D6 offhsore fields. For most of us, all this is a lot of mumbo jumbo, not very easy to understand except

Defence stocks fire up

about 1 year ago

Defence stocks are up in the green today morning – HAL, Mazagon Dock, Paras Defence, Bharat Electronics.

DULL POLICY BUT FIRE CRACKER PRESS CONFERENCE!

about 12 years ago

More than the policy, which was more status quo, with minor tweaking, it was the ensuing Press Conference which was more telling. It gave us a perceptive insight into the myriad of issues which the Governor is thinking about. And what we came across with was a very assuring feeling that the country's banking

TOO MUCH IRON IN THE FIRE AS CHINESE DRAGON COOLS DOWN

about 13 years ago

Is China slowing down or more importantly, can the world afford to have a slowing Chinese economy when it is on the verge of recovery? Analysts in China are of the opinion, not surprisingly, that this slowdown is just a 'seasonal' factor. Europe is China's biggest market and when that entire region is sluggish, naturally, China is taking some hit. More importantly, a lot of systemic changes are being initiated in the Chinese economy,

GSS Info hits new high again

about 13 years ago

GSS Infotech is literally on fire today morning. The stock has hit a new 52-week high at Rs.53.60 and volumes have spiked up almost 6 times. For three consecutive days now the stock has been making a new high. Currently it has come off these high levels and is now at Rs.48 levels, yet remains ove ...

Shasun Pharma in the red

about 13 years ago

Shasun Pharma had been hitting new highs over the past couple of days but since yesterday, it has been in the red. Today, the stock is currently down over 2% at Rs.124.85, and this is after hitting an intra day low at Rs.122.45. The stock is down after news came in yesterday that a a fire ha ...

Clariant Chemicals zooms up 15%

about 12 years ago

Clariant Chemicals is literally on fire today. The stock is showing some 20 times surge in volumes and it is up 15% at Rs.995, its current intra day high. Its 52-week high is at Rs.1055. The stock has zoomed up like a rocket after it announced today that it has received an aggregate consider ...

Tata Steel buys high, sells low

about 11 years ago

Tata Steel’s shine has gone dim today. The stock is down over 3.5% at Rs.202, just a tad above its intra day low of Rs.201.50. It is dangerously close to its 52-week low of Rs.200.40 which it had hit on 25th August. The company has come under fire for subscribing to the rights issue of ...

Balaji Amines on super run

about 11 years ago

Balaji Amines is literally on fire today. The stock has surged 19% intra day to Rs.166.70, tantalizing close to its 52-week high of Rs.168.40. Volumes are up around 18 times. This sudden perk up in the price of the stock is on account of its Q3FY16 performance. The company posted a 59% (YoY) ...

Seamec sailing in smooth waters

about 10 years ago

Yesterday, late evening, Seamec announced a piece of good news – it has entered into a contract for the charter hire of vessel “Revelation” with Resolve Salvage and Fire (Asia) for undertaking a job in West Coast of India. The tenure of the contract is for a firm peri ...

Pipe makers in tariff war

about 8 years ago

India is caught in the cross fire between the tariff war between USA and China; at least the first damage, that too a direct one.

Praj Industries at new high

about 6 years ago

The stock is literally on fire today, trailblazing to hit a new high at Rs.277.85, after opening itself pretty strong by 6.5% at Rs.265.20, which happens to be its intraday low.

WHAT ARE THE "FII STOCKS?"

about 10 years ago

It is always very fascinating to know where exactly or what which are the stocks in which the Foreign Institutional Investors (FIIs) are investing. No doubt, FIIs are the game changers and what they do matters to most on Dalal Street as the belief is that stocks which they buy will soar. We perceive FIIs to be something akin to a cushion - they give comfort and protect from the bumps. Before we question whether it is right to have so much faith in FIIs,

FDI IN DEFENCE - VIDESHI WHEN SWADESHI DOES NOT MEASURE UP

about 12 years ago

The very big debate raging right now is -should India allow 100% FDI in defence? The moment, we say the word, 'defence', it conveys something very high priority, patriotism and almost something which is sacred - there to protect all but not so easy to get - something almost like God!

MINORITY SHAREHOLDERS - HALLA BOL!

about 12 years ago

Two days ago, the Rohtak sisters showed to the rest of India that they very well know to protect themselves and also know how to bring the culprits to book, all by themselves with the rest in the bus gawking, hooting and even laughing. The onlookers were the most shameful lot, more so that the culprits! And a day prior to that, minority shareholders showed who was in control at United Spirits. At an EGM held on 28th Nov, the shareholders of United Spirits rejected 9 out of the 12 resolutions

Neyveli Lignite powers up

about 12 years ago

Neyveli Lignite Corp, the PSU is literally on fire today morning. The top gainer on the BSE, it is currently up over 9% at Rs.80, it remains closer to its intra day high of Rs.81.90. Volumes are huge at 1.08 lakh shares just in the morning session v/s 12,000 shares over past two- ...

NELSON BILL on H1B - DRAFT OF THIS WIND PROMISES A STORM

about 11 years ago

his Draft Bill remained just that - a draft; was never legislated. And now there is another new Bill - known as the Nelson Bill which has started making news. Once again, the Bill, as expected and to be fair to their country, is pro-American; it wants to protect the jobs of their skilled IT professionals and bring in lesser Indian IT professionals. The way the Bill is worded, though not spelt out directly, it does indicate that the target is Indian IT companies.

THE 5/20 RULE - SHOW IT THE DOOR!

about 11 years ago

The current brouhaha over the 5/20 rule for the Indian aviation has rekindled all these pent up emotions for Air India. In fact the rule itself was made to protect Air India - that was the sole purpose of the rule. While on the other hand, there are others who say that rule was promulgated by ex-aviation minister of UPA raaj, Mr.Praful Patel. It is said that he brought in this 5/20 rule to protect Jet Airways and Kingfisher.

DIWALI – TIME TO PRAY, EAT, LOVE

about 6 years ago

So much has changed this Diwali. There are people thronging the shopping areas but most sane people are shopping online, there is no rush to buy fire crackers. Gift hampers have become weird – we now have “combos” of hand sanitisers, masks and gloves. Tailors are stitching “matching” masks and clothes. And for most of us, all this dressing up will be for again staying at home.

39TH AGM OF RELIANCE - 'JIO' AS LIFE MOVES ON....

about 14 years ago

The market dismissed the 39th AGM of RIL within a few seconds of its conclusion. That is the world we live in today - everything is instant and pops like a fire cracker - bright one moment, agog with expectations and fizzled out within minutes.

RIL 40TH AGM - JIO AND MORE JIO

about 13 years ago

The market dismissed the 40th AGM of RIL within a few seconds of its conclusion. That is the world we live in today - everything is instant and pops like a fire cracker - bright one moment, agog with expectations and fizzled out within minutes. When Mr.Mukesh Ambani began his speech, he began reminiscing about the company having completed over 37 years on the bourses when it got listed in 1977. RIL till today remains the market mover and shaker.

THE FIRING IN IT INDUSTRY – TRUMP IS JUST A PRETEXT

about 10 years ago

That’s what most in the IT industry say. The way news is coming out about layoffs, with big companies like Infosys and Wipro stated to fire some 58,000 employees. Then there is the report by the Head Hunters, who say that 2 lakh employees in the IT sector will be laid off every year, for the next three years. Cognizant plans to reduce the work force by 2-5%. Tech Mahindra, HCL, Cap Gemini and DXC Technologies,

Indoco Remedies at a new high

about 12 years ago

Indoco Remedies is literally on fire today. The stock has hit a new high at Rs.197, with volumes surging over 33.5 times. It currently remains strongly in the green, up almost 19% at ‘almost’ 196 levels. The stock is in the limelight today after the company announced that the US ...

Sugar stocks get sweet

about 9 years ago

The long awaited demand of the sugar sector was finally taken care of. The Govt doubled the import duty on sugar to 100% from 50%, mainly with an aim to curb cheap imports and protect the interests of the domestic farmers.

Camphor Allied perks up

about 11 years ago

Yesterday, the Govt imposed the much awaited and needed anti- dumping duty of US$ 122.14-279.78 per tonne on import of a chemical, used in pharmaceutical and fragrance sectors. This duty is on imports coming from China dn Russia, mainly to protect our domestic industry which has been suffering du ...

AUTO SECTOR – BREATHING EASY AGAIN

about 6 years ago

Its not repressed wants but the need to protect oneself and loved ones from exposure of any kind of infection through public transport which is the prime reason for the jump in sales, mainly June v/s May (MoM).

NO NAME & REPUTATION WORTH OUR MONEY

about 7 years ago

When will SEBI step in? Its aim is to protect mere mortals like us, right? Like the RBI, it seems like SEBI only reacts and never works proactively. In all aspects, the investors are always the losers. It is just shocking that a company like Shapoorji Pallonji will do something like this.

Ucal Fuel hits 20% upper circuit

about 12 years ago

Ucal Fuels is literally on fire today. It has hit the 20% upper circuit and new high at Rs.100.30 with a four times jump in volumes. The market is extremely happy with the Q2FY15 numbers of the company wherein its net profit has zoomed up from Rs.2 crore to Rs.8 crore, a four times jum ...

PSUs - A COMPLETE MAKEOVER REQUIRED

about 13 years ago

The talk about Coal India has now raised expectations of a 'revamp' of many other PSUs which are truly uncut diamonds. And like diamonds, they have also been categorized. Just as Emperor Akbar had accorded a status of Navratna to nine of his most prized and able ministers, the Indian Govt

Nitesh Estate builds up

about 13 years ago

It is after some time that we are seeing some momentum in a realty stock. Nitesh Estate, which had hit a new 52-week low at the beginning of this month at Rs.9.25 is up today almost 6% at Rs.11.75. Volumes are high at 33,000 shares. Its market cap is at Rs.171 crore. The stock has risen toda ...

3M India hits life time high

about 12 years ago

3M India has hit a life time high today at Rs.5499 and though it has come off these high levels, it remains around Rs.5440 levels, up almost 13%. Volumes have soared over 10 times. The stock is in the limelight post its numbers for Q1FY15. YoY, the performance is good though sequentially, it ...

Strides Arcolab up in the green

about 11 years ago

Trading in Shasun Pharma was suspended as soon as closing bell was struck on 17th Nov. From yesterday, the stock stands suspended and this is as per the scheme of amalgamation with Strides Arcolab. On the last day of trading, Shasun hit a record high at Rs.432.05. Today is the record date fo ...

Hitech Plast a victim of Jat agitations

about 11 years ago

The stock price of Hitech Plast is just about holding on to the shred of green , up some 0.07% at Rs.151. But the mood on the counter remains very somber. The company had announced earlier that the manufacturing operations at its Rohtak Unit had been disrupted from February 20, 2016 due to d ...

Vascon Engineers jumps on new order

about 9 years ago

Vascon Engineers rose over 4% to Rs.39 with minutes of opening for trade. It is currently traded at Rs.38.55, up 3%. Its 52-week high and an low stands at Rs.58.80 and Rs.26.15 respectively.

Hero on good roads

about 9 years ago

There is some new data from the Society of Indian Automobile Manufacturers (SIAM). It has stated that Hero Honda remains the market leader in bikes in India

3M India on the surge

about 12 years ago

With volumes spiking up over 9 times, 3M India is on the go today! The stock is currently up over 12% at Rs.8967.40, with an intra day high at Rs.9040. Its 52-week high stands at Rs.9600 and market cap is at Rs.2530 crore. The market is very happy with the robust Q4FY15 numbers, especially t ...

Hedge

about 8 years ago

Hedge or Hedging is an investment strategy which aims to eliminate the risk involved in a portfolio. It is an investment which is inversely correlated to the underlying asset against which it has been transacted.

Meaning of Options

about 8 years ago

Options are a financial instrument which offers an investor the right to either buy or sell an underlying asset at a price agreed upon by the buyer and seller at a predetermined date.

MAAJHI JO NAAV DUBOYE, USE KAUN BACHAYE…..

about 5 years ago

If you are trading in the market, the stock broker or the brokerage house is connected to you like an umbilical cord. What do you do if this cord is feeding you poison or itself taking away all the nourishment? That’s how thousands of retail investors are currently feeling – severed and hurt, losing faith in the very ethos of investing.

GLOBALIZATION - BIGGEST VICTIM OF CORONA?

about 7 years ago

As the pandemic spreads, every country is getting more and more cocooned within itself. The sense of nationalism was never so high and propagators of protectionism, who had been saying that globalization needed to come down, might be having the last laugh. Many have that smug, “I told you so” look on their face.

ALL EYES ON RBI

about 6 years ago

A 25 bps rate cut might not change anything in our lives but psychologically it will mean that at least someone has your back. A quick thought – interest rates are already at a 20-year low and no one is buying and the banks are also reluctant to lend, so, will a further rate cut really help?

VACCINE - BOOSTER SHOT FOR HOPE AND MARKETS!

about 6 years ago

The win of Biden does not really change the lives of majority of us Indians but the news that a vaccine has finally been invented is the only news we all have been waiting to hear. And yesterday, Pfizer announced that news saying that it’s vaccine, in collaboration with German company, BioNTech SE prevented more than 90% of infections in a study of over 40,000 volunteers.

BREATHE – CAN WE, REALLY?

about 6 years ago

Apart from the irresponsible crop burning, the blame can also be laid, fair and square on Central Pollution Board and its network of 25 State Pollution Boards. Their main job is to regulate pollution across the sectors. But like so many of our Govt agencies, these too do not do their job.

HONEY, ITS TIME TO WAKE UP!

about 6 years ago

It’s quite unnerving – to know that the honey, supposedly given the go-ahead by the Food Safety and Standards Authority of India (FSSAI) is adulterated. 10 of 13 honey brands, even those we “think” are conscientious companies - Patanjali, Dabur, Baidyanath, Zandu, etc have failed the sugar adulteration tests that are mandatory

Letter to Santa

about 6 years ago

We are sending you just one letter and our wish-list is probably not what children ask of you but probably what most grown-ups all across the world want right now. Maybe your sack has some things which can fulfill at least some of our wishes.

COVID KILLS CUSTOMER SERVICE

about 6 years ago

Maybe with your car mechanic or tailor or barber or plumber or any person providing any kind of service. Without sounding callous, it looks as though many are taking umbrage in the pandemic for providing shoddy and sub-standard quality of customer service.

BITCOIN- REMAINS CRYPTIC

about 6 years ago

The unprecedented rise in equity, gold and cryptocurrency are all pointers to this very fact. Usually, when there is so much uncertainty, its usually the US dollar and gold which attract all money but this time around, there is so much liquidity in the system that despite not knowing the situation ahead, people – retail, institutions HNIs all over the world

SELL THE SILVER – IT WILL BRING GOLD

about 6 years ago

This and much more is what we hear following the Govt’s decision in this Budget to monetise assets, privatise banks and get out of PSUs where the Govt is not required to be. These PSUs were created at a time when India, after Freedom, needed that complete support of the Govt. That was the aim of the PSUs. Do we need them now?

INFLATION EASES – WILL IT SUSTAIN?

about 5 years ago

The food inflation for July came in much lower at 3.96% v/s 5.15% (MoM) while CPI came in at 5.59% v/s 6.26%, which is below RBI’s target of 6%. This was good news and the inflation trajectory is going very much where RBI expected it to go. The Governor did say that the inflation will start cooling down and it has.

ONGC bounces back sharply

about 7 years ago

ONGC had hit a new 52-week low yesterday at Rs.115.55 and was among the top losers. And today, the tide has turned.

INFLATION - SNAKE IN THE GRASS

about 5 years ago

The puzzle here – we all are paying much more for the tomatoes and spinach that we buy, yet the macro data says that its in the negative! Surely something is amiss here. Maybe what we are paying for is the price of fuel – price of veggies might have gone down but that of transportation is what impacts us.

A VERY BALANCED POLICY

about 4 years ago

Persistent high inflation and a shift in global policy has led to this hike, while continuing to withdraw the accommodative stance. This is the fourth straight rate hike since May, taking the total rate hike to 190 bps. But the stubborn inflation, like a wild lion trying to be controlled by the ring master, continues to cock a snook, remaining elevated beyond the target ceiling.

ICICI Lombard

about 9 years ago

Verdict :Well Insured
Subscription Start Date :15 Sep 2017 End Date :19 Sep 2017
Issue Size : 5,700 crore, Issue Type : OFS
Price Band : Rs.651 to Rs. 661
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Overall Subscription : 2.98x
QIB : 8.17x,HNI :0.83x,Retail :1.23x,Other :0.99x
Listing Date : 27 Sep 2017, , Listing Price : 651.1

General Insurance Corp

about 9 years ago

Verdict :A ‘Good Investment Choice’
Subscription Start Date :11 Oct 2017 End Date :13 Oct 2017
Issue Size : 11,176 crore, Issue Type : Fresh cum OFS
Price Band : Rs.855 to Rs. 912
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Overall Subscription : 1.37x
QIB : 2.25x,HNI :0.22x,Retail :0.6x,Other :1.01x
Listing Date : 25 Oct 2017, , Listing Price : 850

Star Health

about 5 years ago

Extremely Expensive Shine
Subscription Start Date :30 Nov 2021 End Date :2 Dec 2021
Issue Size : 7249 cr, Issue Type : Fresh cum OFS
Price Band : Rs.870 to Rs. 900
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Overall Subscription : 0.79x
QIB : 1.03x,HNI :0.19x,Retail :1.1x,Other :0.1x
Listing Date : 10 Dec 2021, , Listing Price : 845

Aeroflex Industries

about 3 years ago

Avoid Aero
Subscription Start Date :22 Aug 2023 End Date :24 Aug 2023
Issue Size : 351 cr, Issue Type : Fresh cum OFS
Price Band : Rs.102 to Rs. 108
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Overall Subscription : 97.07x
QIB : 195x,HNI :126x,Retail :34.35x,Other :28.5x
Listing Date : 1 Sep 2023, , Listing Price : 190

Plaza Wires

about 3 years ago

Caution – Please Do Not Touch
Subscription Start Date :29 Sep 2023 End Date :5 Oct 2023
Issue Size : Rs. 71 cr, Issue Type : Fresh Issue
Price Band : Rs.51 to Rs. 54
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Overall Subscription : 160.97x
QIB : 42.84x,HNI :388.09x,Retail :374.81x
Listing Date : 12 Oct 2023, , Listing Price : 84

Monte Carlo Fashions

about 12 years ago

Price Band : Rs. - to Rs. -
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What is short covering?

about 11 years ago

What are Inflation Indexed bonds?

about 11 years ago

Allahabad Bank at new low

about 9 years ago

Allahabad Bank is the top newsmaker in the social media and the news is not good. The stock price hit a new low today at Rs.42.05, going down some 5%.

Paras Defence at 5% UC

about 2 years ago

The stock price has reacted positively; from its previous close of Rs.960.35, it opened slightly higher at Rs.965 and rose to an intraday high at Rs.1008.35, up 5%, its UC of the day

OMCs rise as crude falls

about 7 years ago

Oil Marketing Companies (OMCs) – HPCL and BPCL are among the top five gainers on the BSE currently, rising 5% to Rs.32425 and rising 4.5% to Rs.516.75, a new high

Cigarette stocks in smoke

about 10 months ago

ITC shares fell nearly 9 to10% intraday, while Godfrey Phillips India declined over 19%. VST Industries also traded sharply lower,

Graphite and HEG hit 5% UC

about 7 years ago

The market is thrilled with the news which explains why the stock hit the 5% UC at Rs.197, the moment it opened for trading.

Uflex flexes its gear

about 6 years ago

The market is very happy with this news as the stock after a long time figures among the top five gainers on the BSE. From its close of Rs.173.55 yesterday, it opened at Rs.175.15

Tata Motors slumps over5%

about 6 years ago

The stock is currently the top loser on the BSE. It opened a bit into the positive at Rs.101.25 but from there slipped down over 5% to Rs.95.40.

Pfizer gets a boost

about 6 years ago

Today, it opened 7% higher at Rs.4245 and went on to an intraday high at Rs.4313.40, rising over 8.5%.

LVB hits 20% LC

about 6 years ago

It opened itself today morning at its 20% LC of the day at Rs.12.40 where it now stays frozen, with almost 51 lakh pending sell orders.

Policybazaar's decent debut

about 5 years ago

The stock, as against the IPO price of Rs.980/share, the stock got listed at Rs.1150 on the BSE and even scaled an intraday high of Rs.1205.

Ceramic stocks crack

about 5 years ago

Ceramic stocks are among the top five losers on the BSE consistently. Kajaria is currently down 7% at Rs.965 while Somany fell almost 6% to Rs.677.65.

FMCG stocks in focus

about 4 years ago

Colgate, Dabur, Marico, HUL, Britannia, Tata Consumer, Godrej Consumer, Nestle are up in the green though P&G, ITC remain in the red.

Trump's tariff hurts textiles

about 1 year ago

Trump's 50% tariff on Indian exports to USA take effect and here we have a quick look at the sectors and stocks that will be likely impacted.

Steel stocks 'safe'

about 10 months ago

Shares of metal producer, Tata Steel, JSW Steel, SAIL, Jindal Steel, among others rose up to 5% in early deals today. This was thanks to the government,

Godfrey Phillips smokes up

about 8 months ago

The stock was trading around 11% higher at about Rs 2,196 per share in mid-morning trade, after swinging between an intraday low of Rs 1,966.40 and a high of Rs 2,240.20. The stock was hovering close to its daily upper circui

Reliance Capital down almost 7%

about 7 years ago

Reliance Capital today opened with a loss of almost 5.5% at Rs.88.90 and went on to hit an intra day low at Rs.87.55, going down 6.8%.

UPL falls and tumbles

about 8 months ago

The share opened at Rs. 728.05 and slid to an intraday low of Rs. 650.40 (day’s range Rs. 650.40 to 728.05), with VWAP around Rs. 673.89 and turnover of about Rs. 18.88 crore on volume of 2.80 lakh shares.

SFBs under pressure

about 8 months ago

Utkarsh Small Finance Bank fell 4% to Rs. 14.25, while Equitas SFB (Rs. 64.34) and Jana SFB (Rs. 360.10) were down about 2.5% each. Ujjivan SFB slipped 1.3% to Rs. 60.76, and AU SFB declined 1.2% to Rs. 961, as the selling spread across lenders

Gas-linked stocks tumble

about 7 months ago

The worst hit names reflected the market’s focus on downstream supply rationing: Gujarat State Petronet (GSPL) fell as much as 8%, while Gujarat Gas and GAIL declined 5.72% and 5.11%, respectively. Petronet LNG was down about 5%

Bharat Coking Coal down 5%

about 6 months ago

The stock was under pressure today, with the stock down 4.8% to Rs.34.14, after opening weaker at Rs.34.55 versus the previous close of Rs.35.86. The counter traded in a Rs.33.92–35.09 band with VWAP around Rs.34.46,

Jewellery stocks under pressure

about 5 months ago

In early trade, Kalyan Jewellers slipped 5.8%, Senco Gold fell 3.4%, while Sky Gold & Diamond, P N Gadgil and Thangamayil Jewellery were down 3.6 to 4.5%;

Muthoot Finance down 6%

about 5 months ago

The stock slipped 6% today, bucking a strong FY26 print, with the stock trading around Rs. 3,310 after opening higher at Rs. 3,571.7 and sliding to an intraday low of Rs. 3,300 (vs previous close Rs. 3,528.9). The move came on active trade (turnover Rs. 64.8 crore),

HCL Tech goes 'Sarvam'

about 4 months ago

The stock gained 3.15% to Rs. 1,154.45 on the BSE today morning, after the IT major announced the acquisition of a 10.46% stake in Axonwise Pvt Ltd, the company behind Sarvam AI, for Rs. 1,427.25 crore. The stock opened at Rs. 1,149.95, touched an intraday high of Rs. 1,157.50

TVS Motor so close to a new high

about 3 months ago

The stock touched an intraday high of Rs. 3,965, just Rs. 5 short of its 52-week high of Rs. 3,970, as investors reacted to strong volume growth, margin expansion and record profitability.

Vikram Solar hits new low

about 2 months ago

The stock is currently among the top losers on the BSE, falling 5.60% to Rs. 164.25. The stock opened weak at Rs. 162.15 and touched a fresh 52-week low of Rs. 156.25, against its previous close of Rs. 174.00. Market depth also showed higher selling pressure, with sell quantity at 1,75,006

Sky Gold shines bright

about 2 months ago

The stock s currently among the top three gainers on the BSE, rising 10.12% to Rs. 789.45. The stock touched a fresh 52-week high of Rs. 814.40, against its previous close of Rs. 716.90. Market depth was almost evenly matched, with sell quantity at 39,923

IT stocks turn weak

about 7 years ago

IT Stocks, more so TCS, Cyient and L&T Tech are trading in the red. While TCS and L&T Tech are down less than 1%, Cyient is currently down almost 2%

Mindtree getting "rescued"

about 8 years ago

Following the return of the co-founder and the drama, the stock price has reacted positively, going up almost 2.5% to Rs.968.55.

Vodafone Idea lines jammed

about 7 years ago

The saga of Vodafone Idea only continues to get worse. After a losing streak yesterday, today within moments of opening, it slipped to a 52-week low at Rs.2.90. It has a 25% LC and it stands today at Rs.2.78.

Bajaj Auto back on Egyptian roads

about 13 years ago

Bajaj Auto is on the good roads today. The stock, which had closed yesterday at Rs.1959.20, opened today at Rs.1999, going on to hit an intra day high at Rs.2028.60. The stock is in the limelight following unconfirmed news that the Egyptian Govt has removed the ban on its 2 and 3-wheelers. I ...

PI Inds accident spooks

about 7 years ago

The stock opened 2.5% lower at Rs.1385 and went on to slip to an intraday low at Rs.1373.45.

RIL gets huge "likes"

about 7 years ago

The stock opened with a gain of 6.8% at Rs.1320 and then surged over 8.5% to an intraday high at Rs.1339.20.

Shree Rama Newsprint up 3.5%

about 6 years ago

The stock, opened 3.66% higher at Rs.14.15 and it look as though it is frozen there. Its 20% UC for the day is at Rs.16.38.

Deepak Nitrite continues falling

about 4 years ago

Till then the stock went down 5% to an intraday low at Rs.1715.80, not too far from its 52-week low of Rs.1712.50.

BEL bolsters up

about 4 years ago

The stock is currently the top gainer on the BSE, rising 7.5% to hit an intraday high at Rs.98.35 and this is on the back of robust volume of more than 2x.

Aeroflex shines bright

about 3 years ago

The stock had a fantastic debut – as against IPO price of Rs.108, it got listed on the BSE at Rs.197, a jaw-dropping premium of 82%.

THE VIRUS IS HERE – FED GIVES BOOSTER INJECTION

about 7 years ago

We do not know where this coronavirus is headed……and that’s the scary part; it is completely uncharted territory. And that is probably what the Fed is also afraid about

Century Ply up 12%

about 2 years ago

Since the opening bell today has been among the top five gainers on the BSE. The stock opened 1% higher at Rs.754.55 and rose to an intraday high at Rs.837.15

JK Paper up 5%

about 13 years ago

JK Paper is doing very well today morning, up 5% at Rs.25.25 and it is holding on to these Rs.25 levels at the moment. Volumes are good at around 4300 shares. Its 52-week high is at Rs.46.80. The stock is up in the green after it announced a 5% price hike with immediate effect due to r ...

IGL is cooking well!

about 13 years ago

Indraprastha Gas is doing very well today morning. The stock which had closed yesterday at Rs.265.95, opened at Rs.275 and it currently remains around the same levels. Volumes are up almost 3 times. The stock is up as the company, which is the sole CNG and PNG retailer in Delhi, hiked price ...

IRB Infra in the green

about 12 years ago

IRB Infra is nicely tucked into the green lounge of the bourses today. Opening some Rs.4 higher, the stock went up almost 4% to Rs.256.40 and is currently at Rs.255 levels. Volumes are at 65,000 shares compared to 1.8 lakh shares traded over two-week average. The market is enthused with the ...

Kotak Mahindra Bank in the red

about 8 years ago

Kotak Mahindra Bank is among the top losers in the BSE currently. It slipped down almost 7.5% to Rs.1188 and remains firmly in the red.

Shree Renuka turns bitter

about 11 years ago

A company as big as Shree Renuka Sugars has turned into a penny stock. The stock had hit a new low at Rs.7.03 on 25th Sept and today it down at Rs.7.40 levels. The overall mood on the counter is pretty somber. The company announced yesterday that its Brazilian subsidiary of the company viz., ...

Shipping stocks sailing on high seas

about 11 years ago

The shipping stocks are all sailing on high seas today buoyed by new rules announced for the sector yesterday by the Govt. The Cabinet is considering making it mandatory for PSU fertilsier, coal, oil and steel companies, which import goods to route at least 50% of its cargoes through local, domes ...

Lycos Internet at new 52-week low

about 11 years ago

Lycos Internet, a Hyderabad based company, offering digital marketing solutions to businesses, agencies and online publishers hit a new 52-week low today at Rs.17.15. It was locked on the 20% lower circuit yesterday at Rs.19.08. The company yesterday issued a clarification regarding the news ...

Metal stocks shine bright

about 10 years ago

JSW Steel is up over 2% at Rs.1650; in fact the BSE Metal Index is up over 1.5%, with top gainers being Nalco, Tata Steel, VEDL, NMDC, Jindal Steel; all 10 stocks are in the green. The Govt yesterday announced anti-dumping duties on hot rolled flat sheets and plates of alloy or non-all ...

Ludlow Jute breaches 20% UC

about 10 years ago

Ludlow Jute, after opening at Rs.93, zoomed up 20% to breach the UC at Rs.107.85, with volumes up by an unbelievable 57 times. It is now pretty close to its 52-week high of Rs.114. The stock is up, happy with the news that the Govt has imposed an anti-dumping duty ranging from US$6.30 to 351 ...

HCC spurts of invoking SDR

about 9 years ago

HCC rose almost 7.5% in the afternoon session to Rs35.15 and continues to hover around the same levels. Its 52-week high and low stands at Rs.48 and Rs.29 respectively.

OMCs up in the green

about 9 years ago

Oil Marketing Companies (OMCs) are up in the green today. Indian Oil rose almost 3% to Rs.419; BPCL was up over 3% at Rs.494 and HPCL rose almost 4% to Rs.451.

Metal stocks get "Trumped"

about 9 years ago

As expected, today morning the BSE Metal index is deep down in the red with all the ten stocks in tis index showing a decline led by NMDC, SAIL, Jindal Steel, JSW Steel, Hindalco, Nalco.

Kaveri Seeds slumps over 6%

about 9 years ago

Little wonder then that Kaveri Seeds slumped over 6% to Rs.448 while Monsanto India did not fall much – it went down 0.7% to Rs.2542.35.

RCF rises almost 18%

about 8 years ago

RCF is the second top gainer on the BSE. The stock price rose almost 18% to Rs.79.85 and volumes were very high at over 12.5 lakh shares

IS COVID AN 'ACT OF GOD?'

about 7 years ago

Force Majeure. This is something you will be hearing a lot in the coming days. But where does this pandemic fall? We are calling it a war but does this virus itself qualify for ‘Act of God?’

NO MORE THE ‘PREFERRED’ ONE…

about 8 years ago

Protectionism is at its peak. USA, or rather, Trump feels that the entire world has been having a party at the cost of his country. And he is trying all he can to end this party. He has already fired salvos as China and India has always been on his radar. Starting with H1B, then tariffs on steel, he has made it clear that barriers will only go up further. But raising barriers at a time when the world cannot survive without globalization

SENIOR CITIZENS – LIFE BEYOND FDs?

about 7 years ago

FDs alone cannot be their source of income as it is inextricably linked to the current falling interest rate regime. Yes, when the time is for rising interest rates, the going was good but with those days not visible anywhere on the near horizon, they always need to have a Plan B; actually a basket of Plans B, C, D, E…

MUSK – WHY DOES HE HAVE A CULT-LIKE FOLLOWING?

about 7 years ago

If this had happened in India or for that matter in any other country, it would have become a huge embarrassment, with even the Govt getting worried. But because it was a Tesla truck and Elon Musk, it drew a few laughs and the social media went into a tizzy. The damage to the reputation was zilch.

PSU BANKS – DRIVERLESS VEHICLES

about 8 years ago

This is the state of leadership at PSU banks when they are going through their worst times. As regards the second rung of leadership,10 are retiring in 2018, 12 in 2019 and the remaining three will retire in 2020. This is scary given the state of the banks even with leadership!

‘THE END’ FOR TATA NANO

about 8 years ago

India’s luxury-car market is on course to hit anew peak this year as sales have topped 20,000 units, showing a 17% increase. Then there is the sales of total commercial vehicles (CVs); right from two-wheelers to trucks and cars, SUVs; each and every segment has shown a robust growth in June with sales jumping 38%. CVs showed a 42% growth, two-wheelers 22%

NO-CONFIDENCE MOTION – MARKET HAS FULL CONFIDENCE!

about 8 years ago

There is a No-Confidence Vote scheduled in the Lok Sabha tomorrow. But the market seems unmindful and seems to have full confidence that the vote will fall flat on the Opposition, helping reiterate BJPs power. At least that is what we read in the rise in Sensex and Nifty today morning.

BREATHING OR SMOKING CIGARETTES?

about 8 years ago

India is today home to 10 of the most polluted cities in the world, yet, unlike China we are not worried at all. We continue with our rampant, mindless growth, leaving the teeming population in a cloud of dust as new construction sites continue working at break neck speed and choke on the exhaust from the millions of cars.

Q2FY19 GDP – TO BELIEVE OR NOT TO BELIEVE……

about 8 years ago

Lot of volatility, retrenchment of credit, the rupee and crude oil’s wild oscillation – all these factors had an impact on the growth in current Q2 despite having a favourable base effect. Surely some part of the liquidity crunch was felt in overall Q2 GDP.

RECALLS - THIS FAULT WORKS!

about 8 years ago

Though Maruti Suzuki ultimately ended the day just about in the green, for most part of the day, it was very much in the red. The reason? The company, yesterday announced its decision to recall 5900 units of its light commercial vehicle know as Super Carry as result of certain defect in the fuel pumps.

THE A,B,C, D…….Z OF 2019

about 8 years ago

As 2018 hobbled its way to the exit door, one cannot help but heave a sigh of relief. This was a tumultuous year all around, what with India reeling under rising crude oil prices, soaring heat, farmers distress, bad politicking, Trump, Brexit. Yes, all this remains even as the date changed from 2018 to 2019 but somehow, this change in the calendar ignites a sense of hope

PAINTING THE FISC DEFICIT WITH RBI COLORS

about 7 years ago

The Govt should ideally use this surplus to reduce the balance sheet and off-balance sheet borrowings and this would mean recapitalization bonds issued for PSU banks and borrowings

FM GIVES A MINI BUDGET – DIWALI COMES EARLY!

about 7 years ago

After three rounds of stimulus which did not nothing for the market, looks like this Friday she finally found the nerve center and hit it right. The Sensex jumped up over 1500 points – single biggest gain in 10 years.

FALLING CRUDE, RISING FUEL PRICES

about 7 years ago

So many reasons for the crude price to fall globally but none of it matters to us, we the people, as we continue to pay higher and higher fuel prices. On Monday and Tuesday, the days when crude oil slipped $60, fuel prices in India rose to a peak.

“WHY NOW?” IS THE QUESTION

about 6 years ago

That’s what the burning question is – why to spend so much now and build a new Parliament building in the midst of a pandemic when people are dying of hunger and illness? No one, not even the Opposition has questioned the need for a new Parliamentary building but many are asking “why now?”

FACEBOOK – CLICK ON “LIKE” OR “LOG OUT?”

about 9 years ago

We Indians too have become addicts to this social media site – everything right from the time one wakes up, has breakfast, lunch, work, friends and all day-to-day inane things of life are put up for the alleged “friends” to see; but apparently, the whole world and those who want to mine this data for serving their purpose are using this information of your life. Isn’t that reason enough to be worried?

CHIPS CUT OUT THE FLAB

about 5 years ago

Vivek in USA had booked a new car three months ago. He was promised delivery in 15 days. He rented a car and till date, he continues to drive the same rented car while his car is yet to come. The dealer says that it could take some more time, maybe a couple of months even.

GLASS HALF FULL OR HALF EMPTY?

about 4 years ago

The rising CPI for Sept and the falling IIP for Aug – none of these were unexpected or out-of-the-blue news. We all knew that the rains have been patchy and erratic, we all are paying much more for food than what we did last year and overall, we all have been affected, in a small or big way, by the higher cost of living. We might not have had to cut down on expenses as such but surely most of us do have a rethink

YOUR DAAL TO GET EVEN MORE PRICEY

about 10 years ago

Yes, the price of daal has become the butt of so many jokes but that is what a satire is all about, isn't it? And now we hear that the price could go up to as much as Rs.300/kg as the festive season nears. There is simply not much stock, whatever is there is hoarded and the rest, the middle men have ensured that stock gets

IF TRUMP IS NATIONALIST SOCIALIST, SO ARE WE!

about 10 years ago

The shocking news of the day was Ford deciding to scrap its Mexico plant and instead invest $700 million to expand its existing plant in Michigan, USA. This is the effect of Trump even before he takes oath on the 20th of January! A year ago, Ford had announced that it was investing $1.6 billion in Mexico to transfer production of the Ford Focus, its small car venture, from Michigan to Mexico to save costs. We said, "shocking news" because as early as last month, Ford CEO Mark Fields had gone on record saying that though

H1-B VISA - A STORM IN THE TEA CUP

about 10 years ago

Three years ago, there was a similar call by some Senators of USA - demanding drastic changes in the H1B visa norms, which would have hit the Indian IT industry hard. And then Trump started campaigning and the rhetoric was back. From the last one year, the Indian IT industry knew that their mulch cow, the outsourcing industry was in the eye of a storm. And today, the IT stocks are being beaten down to pulp as the same H1-B visa row has resurfaced.

INDEPENDENCE AND DETACHMENT WAY TO SUCCESS & SUCCESSION?

about 15 years ago

The question vexing many is - Why is the market celebrating a regular rejig operation at L&T? Well, this is not a routine rejig. This is restructuring at the top management level. Mr.Naik has always been the face of L&T and it is probably plastered in our minds that he is the CMD. For that to now be split into

A DOWNGRADE AT THIS JUNCTURE COULD BE THE ANTIDOTE

about 15 years ago

At this juncture, taking the risk of sounding unpatriotic, it would be good if the international rating agencies downgrades India and FIIs threaten to leave. That will not only wake up the UPA but might also give them the guts to stand up for economics. S&P, Moody's might as well swoop down on India

THE STORY OF ARGENTINA - LESSONS FOR INDIA?

about 15 years ago

We in India are worried about the fiefdom of the Govt when it comes to PSUs, particularly Coal India. But the recent development in Argentina gives some succor; after all it is human nature to feel good when others also suffer along with us. In Argentina, their President, Cristina Fernandez 'nationalised' YPF, an energy company. This company till last week...

S&P RATING REVISION: KUN FAYAKUN

about 15 years ago

Actually, this is the perfect thing to happen. The Govt is so involved in this entire coalition politics that it has forgotten that it needs to run the country also and not just focus all its energies on keeping its power intact. The Govt seems to be in some kind of stupor...

WHITE PAPER ON BLACK MONEY - REMAINS UNDER THE TABLE

about 15 years ago

The biggest question was left unanswered - what is the estimation of black money in India? There was absolutely no 'official' word about it in the white paper. Well, this is again typical of the blundering UPA which always leaves things in the dark....

OIL BOILS – POLITICS OR ECONOMICS?

about 9 years ago

The newsmaker of the day, nay, of the week is oil. With fuel prices in India going up for the tenth straight day, things are getting very very sticky for the Indian Govt and its well-played out macroeconomics.

Will the Ordinance and RBI Solve the NPA Problem?

about 9 years ago

There is a very well written article published by the All India Banker's Confederation. It has asked so many uncomfortable questions, putting everyone, right from the ruling Govt to the RBI in a corner. Its a slightly long read but do read...

CDR - FROM BITTER PILL TO BARFI!

about 14 years ago

Earlier CDR meant the company was close to being declared sick but today, everyone knows the company is in trouble but CDR is like a magic pill that will get the company back into health. This positive perception towards CDR is on account of various past success stories

RISING FUEL COST - SHOULD YOU GO FOR CNG CONVERSION KITS?

about 13 years ago

CNG or Compressed Natural Gas is slowly emerging as the most preferred fuel. It is environmentally friendly, causing lesser pollution. More importantly, it costs around 65-68% lesser than petrol. On 1st July, CNG prices in Mumbai were hiked by Rs.2/kilo and currently costs Rs.36/kilo

INDIA STRIKES BACK - WAIT & WATCH

about 10 years ago

What happens when patience and restraint ends? India finally conducts surgical strikes across the Line of Control (LoC) with many casualties on the other side, with no Indian fatality. The world had expected that India will strike back after 26/11 in 2008 but we kept our restraint and did not allow the situation to escalate. After that

WHY THIS "NA" "NO" TO NANO?

about 15 years ago

It has been projected as a "poor man's car" and many now say that this has been its biggest undoing. We may be poor and like millions of others on the street, yet very few want to be associated with a car which is exactly for those on the lower rung of the economic ladder.....

TRADE POLICY -FORGOTTEN IN THE WINK OF AN EYE

about 15 years ago

We constantly talk about policy paralysis and there is this news today which did not even get a mention. There are no path breaking announcements but at the same time, given the turmoil world over, all eyes should have been on the Commerce Minister...

RIL AGM - 38 YEARS OF CHANGING TIMES

about 15 years ago

And while down the memory lane, a few fortunate who had attended the RIL's AGM when chaired by the legendary Mr.Dhirubhai Ambani, rue at the small, non-event it has become today. Ramnikbhai, 65 years old, after the AGM clicked his tongue and wistfully said

STATE DEBTS - SORRY STATE OF AFFAIR

about 14 years ago

On the website of the Ministry of Finance, the data on state debts and liabilities have been updated only till 2008-09. As per that list, till end of FY09, Maharashtra tops the list of states in India having the highest debt, followed by Uttar Pradesh, West Bengal,

MARUTI - NEEDS 'ZEN' PHILOSOPHY 'SWIFT'LY

about 14 years ago

If one looks back, every act of violence or insult is a consequence of a hurt self-esteem or self-respect. So if the management can change its attitude and treat the workers with care and respect, maybe then such strikes might never happen. It sounds very simplistic

JULY INFLATION FALLS- NO REASON TO CELEBRATE

about 14 years ago

One month of an inflation number below 7% does not mean anything at all; it does not in any way mean that RBI will lower its guard and start reducing rates. Just a month of a lower-than-expected number should be looked with trepidation rather than any reason to celebrate. We all know that this number does

SHADOW BANKING - LOOMS LARGE IN MURKY LANES

about 14 years ago

The Indian banking system may not be looking particularly sunny currently but there is a shadow of this banking which is not just thriving but booming business. Yes, known as shadow banking, it is the alternative banking, used by majority of Indians. RBI data stated that assets of more than 12,600 NBFCs increased at a compound annual growth rate of 23% between 2005 and 2010, reaching $122 billion, equivalent to 11% of total bank assets.

FINLAND - DOES NOT NEED ANOTHER NOKIA BUT MORE ANGRY BIRDS!

about 14 years ago

What if half the population of our country, or maybe, one state, was dependent on one single company? That would be preposterous as the shut down or recession at that one company could mean that the entire state could get drowned.

WHY DOES LABOUR STRIKE IN INDIA'S AUTO SECTOR?

about 14 years ago

What is it about the Gurgaon-Manesar-Bawal belt in Haryana which seems be like a festering pool for labour stikes/unrest. Declared as the "auto hub" of India two years ago by the Govt of India, it houses almost all the Who's who of the auto sector - Maruti-Suzuki, Hero Motocorp and Suzuki Motorcycles and Scooters and scores of automotive ancillary units like Denso, Pricol, Ricco, Sona Steering, Minda, Omax, Jai Bharat Maruti.

VODAFONE, NOKIA DEALS - MARKS CONSOLIDATION AND CONVERGENCE

about 13 years ago

Today, the a deal was truck between Microsoft and Nokia wherein Microsoft will be buying Nokia Oyj's phone business and license its patents for 5.44 billion euros, making it Microspft's boldest foray yet into mobile devices. This was a deal which was very much on the cards, right since the time, when last year, for the first time a non-Finnish CEO was placed at the helm to bring back the company from the brink -

ENGINEERING COLLEGES SHUTING DOWN – THAT’S A GOOD THING!

about 9 years ago

A couple of years ago, so many youngsters were queuing up to get admission into engineering colleges across India. And today’s news says that BE/BTech seats are going vacant in the engineering colleges across the country - 51% seats were vacant in FY17. Last week’s news was that the All India Council for Technical Education (AICTE) was asking more than 300 private engineering colleges to stop

RBI GOVERNOR IN MODI ERA - TO BE OR NOT TO BE....

about 13 years ago

There is growing speculation in the market about a face-off between the two - Modi v/s Rajan. This 'tension' rises from an earlier head-on collision between the two. Rajan had published a report in September 2013 - The Raghuram Rajan Committee report for Evolving a Composite Development Index of States. This report ranked overall performance of all 28 states in the country. And as per the findings of this report, Gujarat

PRIVATE SECTOR CEO TO HELP TRANSFORM PSUs?

about 13 years ago

Ratan Tata heading NHPC? Or maybe Anil Agarwal heading Coal India? Sounds implausible, doesn't it? Well, if the Govt has its way, it has mooted an idea - why not appoint private sector honchos to head PSUs, maybe starting with Coal India and NHPC? Coal India is currently 'headless'. The CEO of the company, Narsing Rao resigned from the post in May'14, as he is seeking to play a decisive role in the newly formed stated of Telangana.

INFLATION SUPRISES - BUT IT COULD BE JUST THAT, A SURPRISE

about 12 years ago

That more or less highlights what one can expect from the Governor on 30th July. Surely yesterday's fall in CPI and WPI, might be a small moment to celebrate but that's about it - just a moment not a period of low prices. Rajan could not have been more clear - expect no rate cuts just because a few months show lower inflation

SC VERDICT ON COAL - BOLD AND APT

about 12 years ago

It was a bold decision of the Supreme Court. Cancelling 214 coal blocks allocated over the past two decades, is most certainly a tough verdict. But it sent out the perfect message - no more squandering away our national resource while ushering in transparency and good governance.

Life moves on!

about 12 years ago

Last week business news featured some prominent big-ticket acquisition buzz in Corporate India. Be it M&M's likely buy of strategic stake in Pipavav Defence for Rs. 3,000 crore or Sun Pharma founder Dilip Sanghvi's Rs. 4,000 crore investment in wind energy leader Suzlon Energy.

IT DOES NOT LOOK LIKE A REPEAT OF 2008

about 11 years ago

George Soros said very ominously at the beginning of 2016, "it's the 2008 crisis all over again". His words were said coincidentally when China once again devalued its yuan and sent the world markets crashing, making one wonder whether Soros words were indeed prophetic. The current place where we are in does not look good

THE EPIDEMIC OF LABOUR STRIKE IN AUTO SECTOR

about 11 years ago

What is it about the Gurgaon-Manesar-Bawal belt in Haryana which seems to be like a festering pool for labour stikes/unrest. Declared as the "auto hub" of India two years ago by the Govt of India, it houses almost all the Who's who of the auto sector - Maruti-Suzuki, Hero Motocorp and Suzuki Motorcycles and Scooters and scores of automotive ancillary units like Denso, Pricol, Ricco, Sona Steering, Minda, Omax, Jai Bharat Maruti.

NANO – NOT YET TIME TO SHUT DOWN

about 10 years ago

When the Nano was launched, it was the pride of India. The world media had never focused so much ever on India’s auto sector. The limelight was equally on Ratan Tata and he did keep his word. Nano was indeed the cheapest four wheeler in India but the class and status conscious India simply did not want to associated with a “poor man’s car. The very purpose for which the Nano was launched, to help the precariously perched families

MOODY’S CHINA DOWNGRADE – GOOD NEWS FOR MODI’S INDIA?

about 10 years ago

For the first time since 1989, Moody’s Investors Service cut its rating on China’s debt. Moody’s reduced the rating to A1 from Aa3 and changed the outlook to stable from negative. Moody’s said the downgrade reflects its expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows.

DEFAULT OF RCOM – COULD THIS BRING THE BROTHERS BACK TOGETHER?

about 10 years ago

Anil Ambani would most certainly be having some sleepless nights. Or even if he manages to sleep well, the 17 banks who have lent him money would be tossing, turning and groaning. That Anil Ambani is entrapped under a mound of debt is not new news; we all have been mute witnesses to the way he let his ambitions rise unbridled and went on taking money from the banks;

WHO CARES ABOUT THE ENVIRONMENT?

about 14 years ago

As an Environment Minister, Ms.Natarajan would have surely visited a few national parks and tiger reserves over the past one year that she has been in tenure? Well, she was so busy clearing the backlog created by her predecessor that she simply did not have time to visit even one! And she is the environment minister.

JAYANTI NATARAJAN 'NIP's AT NATIONAL INVESTMENT BOARD

about 14 years ago

She has called the NIB unconstitutional and "completely unacceptable". She says that when her department, the Environment department rejects a proposal, on grounds of violating environment laws, then no panel should have the power to overrule that decision. Oh really!

GOVT NEEDS TO GET OUT, ASAP!

about 7 years ago

Why does the Govt need to be in most of the sectors that it is in – Air India, BSNL, MTNL and to put it really drastically, why so many PSU banks at all? Why not just SBI? If govt is deciding to disinvest in loss making or profitless institutions or operationally unviable enterprises, why not bring loss making banks

UNION BUDGET FY19- IT’S ALL ABOUT BHARAT

about 9 years ago

In one word – good. This is a good Budget. Maybe the first 20 minutes or so sounded more like an Election speech, getting ready for 2019 but from then on, it has been a well thought of, detailed Budget. We talk about rising inequality and inclusive growth – well, this is Budget is all about the farmer and rural India; trying to raise people on the lowest rung of the economic ladder to a higher rung and bringing in more to the ladder at least.

APPLE - WILL IT 'COOK' THE RIGHT PIE WITH INDIAN MASALA?

about 11 years ago

For most of his working life, the founder of Apple, Steve Jobs avoided India. There is really no exact reason for his aversion to India but the story goes that when he was 18 years old, when he had not even envisioned Apple or Mac, he and his friend came to India, seeking enlightenment. But they were disappointed. In his biography, Jobs said that he found India to be intense and disturbing and ended his search for enlightenment very abruptly

TRADE UNIONS IN IT - BLAME IT ALL ON TCS!

about 11 years ago

The news from Tamil Nadu today was bleak. It has become the first state in India to allow employees of IT industry to form trade unions, bringing it under the Industrial Disputes Act, 1947.

THE GREAT WALL – TO BUILD OR NOT TO BUILD?

about 10 years ago

With President Trump issuing Federal orders to build a wall along the borders of Mexico, many have pursed their lips in disgust and rued at the ways of the world. But we adopt this “greater than thou” attitude, it is best to look inwards first. India and Pakistan have one of the longest barbed wire walls across their borders. Hundreds of miles of fencing and floodlighting between the two countries can be seen from space.

RERA – NO NEED TO GO RAH RAH ABOUT IT!

about 10 years ago

The week gone by will either become historic for the Indian realty sector or become a standing joke, all depending on how well the Real Estate Regulation Act (RERA) gets implemented. In our country, we are so habituated to people flouting rules and finding loopholes in every single law that the faith in seeing anything actually go by the books seems almost Utopian.

WHY IS PATENT STILL A DIRTY WORD IN INDIA?

about 10 years ago

What does the word ‘patent’ convey? Most of the times, the first thing that comes to mind is a pharma company fighting for patent or a patent war between Apple and Samsung or Microsoft. In the Indian context? Well, at the most, it brings to mind the fight for basmati patent couple of years ago. But abroad, patent is a lucrative business in itself and companies vie with each other, acquiring patents and building an armor of viable patents for the future.

COAL INDIA NEEDS TO BE RESCUED – NITI AAYOG SHOWS THE WAY!

about 9 years ago

The Children’s Investment Fund (TCI), a UK based hedge fund, way back in 2012, while holding just 1.1% stake in Coal India while Govt held 90%, had created a huge furor as it threatened to sue CIL for bowing down to the sarkar, the Govt, when it came to pricing. It had substantial evidence to backup the pressure tactics used by the Govt on CIL. It had obtained an official letter under the Right to Information Act

PRESIDENT OF INDIA – MORE THAN JUST A SYMBOL?

about 9 years ago

There was so much brouhaha over the Presidential election, mostly by the media, which could smell an overpowering political story, drowning all other stories. Giving it only a caste angle, we cannot help but wonder what was this election all about anyway.

WHEN US FDA MEETS INDIAN PHARMA COMPANIES...

about 9 years ago

This is the thought which comes to mind when we read this news today about Biocon also being pulled by the ‘villain’ of Indian pharma companies – the U.S. Food and Drug Administration (U.S. FDA). The stock was down today as its Bengaluru unit has received ten observations on Form 483 by the FDA. This ranges right from nonconformity to procedures and lack of trained and skilled employees

CDR CASES DOWN – THAT’S GOOD NEWS!!

about 9 years ago

Corporate Debt Restructuring or CDR is hugely popular with traders. The moment a company announces that it is getting into CDR, the stock price zooms up. This is like a patient diagnosed with cancer; the moment one gets to know that chemo and other medications have been started, there is hope and hence optim

REPUBLIC DAY – WE NEED A REBOOT

about 9 years ago

We are celebrating the 69th Republic Day of India. It’s a proud moment as it marks us, India, as a country which has scripted its own constitution, respecting people’s freedom and rights. Two questions come to mind on the eve of this auspicious day.

TRUMP’ET’ SOUNDED FOR TRADE WAR – WHO TRIUMPH’S?

about 9 years ago

Trump has unleashed a war! The world aluminium and steel makers are raving mad and they too are getting their arsenal ready to strike back. Talk about war and one emotion which dominates the mind is fear; yes, there is real palpable fear that this trade war unleashed by Trump will grow into something much more bigger, threatening the very concept of globalisation.

WILL THE 5/20 RULE BE SHOWN THE DOOR?

about 11 years ago

This is what Rata Tata said in his Twitter account. It is very rare that Ratan Tata puts out anything controversial in the public domain. And these strong words do come as a rude shock. But why shock when it is easy to understand his frustration. The Tata's have stakes in two airlines in India - AirAsia and Vistara. Both are currently not allowed to fly abroad.

THE RACE FOR H1B VISA BEGINS – WHO IS RUNNING?

about 9 years ago

The USA H1B visa run for 2019 fiscal starting 1st Oct began yesterday. Unlike earlier, where there was a sense of palpable excitement, this time around there is a sense of anxiety and not too many techies are queuing up. The total H1B’s visa’s quota is at 65,000; this reduced quota is at a time when a jaw dropping 5,48,000 tech jobs remain open in USA.

NEED OF THE HOUR – MAKE AGMs MORE PARTICIPATIVE

about 8 years ago

So why is it that retail shareholders do not have much say or no say at the AGMs? It is usually a docile, boring, chai-samosa kind of event, with some shareholders waxing eloquent about the management while some asking the standard questions on dividend and bonus shares.

US FED HIKES RATES - CUE FOR RBI TOO?

about 8 years ago

For the 8th time since 2015 and third time in 2018, the US Federal Reserve, as widely expected hiked interest rate by 25 bps, to a range between 2% and 2.25%. And it removed the reference to “accommodative policy.” All eyes were also on what the Fed is likely to do next year – will it continue with its rate hikes or will it take it slow?

THE RAFALE DEAL CONTROVERSY SIMPLIFIED

about 8 years ago

The saddest part of this entire Rafale drama is that it is all coming at the cost of the India Air Force (IAF); we have compromised on patriotism, the ideology of putting the nation first always. 18 years ago, after the Kargil war, the IAF had said that India needed to upgrade its fighter jets and we still have not upgraded.

PAPER IS MONEY !

about 8 years ago

There is one sector, which has quietly defied market downs, remaining in the green, even on some of the most dire days. The paper industry. The Indian paper industry has been having a good run, both financially as well as on the bourses. It is being tracked by analysts and fund houses alike.

HDFC AMC – A SUBJECT OF MARKET RISKS

about 7 years ago

There is a such a big hue and cry today about HDFC AMC doing what could be termed as the best solution in the given circumstances. Instead of leaving its investors in a lurch, it has decided to step up and the market is punishing the AMC for this.

ZERO BUDGET FARMING – FEEDING CAKE WHEN THERE IS NO BREAD

about 7 years ago

At a time when farmers have turned to using GM crops, especially Bt Birnjal and Bt Cotton despite banned, speaks volumes about the desperation of the farmers. These chemically modified seeds give higher yields and thus more money; that’s all the farmer wants right now as the natural method does not seem to be working.

FED CUTS RATES – INSURANCE AGAINST GLOBAL RISKS

about 7 years ago

Allowing politics to enter the central bank, the FOMC, cut rates by 25 bps. The Fed also announced that it would end the runoff of the $3.8 trillion asset portfolio on Thursday, two months earlier than previously planned. This is a good move or else the balance sheet policy would have worked at cross purposes with the interest rate policy. This will have no impact on the economy

REVOKING 370 – INDEPENDENCE DAY COMES 10 DAYS EARLY!!

about 7 years ago

What we need to understand is that 370 was meant to be a temporary provision included in the Constitution to cater for the specific requirements of the troubled times immediately after India’s independence and the state’s accession to India. But over a period of time, the political parties realized the importance of living like a country of their own within a country, enjoying double benefits

THE INDELIBLE LINK BETWEEN OIL AND GOLD

about 7 years ago

Right now, equities are down, oil is slumping every day, realty is down. The only price moving up is that of gold. And this is normal – when everything else is down, it indicates increased uncertainty and that means gold becomes the safe haven. So the very same yellow metal which was shunned by everyone and analysts were talking big about price hitting new lows, is now suddenly back in the limelight.

REAL ESTATE BILL - GREEN SIGNAL WITHIN SIGHT?

about 11 years ago

The biggest anticipation today - the Real Estate Bill might get through the Rajya Sabha. If not today surely in this session; that's the mood on the street. But the passing of the Real Estate Bill, does it in any way mean that you will now be able to own your dream home at affordable price? (real estate and affordable, saying in the same breath is a misnomer in itself!) Or is there protection against indiscriminate price hikes by

PSU BANKS - NO TO "STOCK" YES TO "FD"

about 11 years ago

There were some panic calls in our office today. And all had only one worry, " Today all PSU banks have crashed, are at new lows. All our life time savings are in PSU banks only. So should be break the FDs?" And our vehement answer to all was, "NO". The stock prices have hit new lows on account of poor profitability, mounting bad debts and deteriorating asset quality. Yet,

FM's FISCAL PLAN - MAIN PLAN TO GET RBI TO CUT RATES?

about 14 years ago

Today's Press Conference of the Finance Minister, P Chidambaram, was a damp squib. Purportedly, the meet was to chalk out the fiscal consolidation plan but it was actually more about sending out a message to the Reserve Bank of India (RBI) - something like,

TULSIANOMICS - THE ART OF MAKING MONEY IN THE MARKET

about 13 years ago

The pursuit of making money is full of perils, especially for a trader. To make life simplier and maybe much richer, our Editor, Mr.SP Tuslian presents a few trading strategies. Follow them to the 'T' and you will not make losses!

TULSIANOMICS - THE ART OF MAKING MONEY IN THE MARKET

about 14 years ago

The pursuit of making money is full of perils, especially for a trader. To make life simplier and maybe much richer, our Editor, Mr.SP Tuslian presents a few trading strategies. Follow them to the 'T' and you will not make losses!