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Prime Focus wins an Oscar, again!

about 11 years ago

So while we were ruing the fact that not a single Indian won an Oscar, there was one company which quietly won the highest accolade in the world film industry. The market celebrated this victory with what it knows best – a big spike up in stock price. The company, Prime Focus, rose to ...

AN OPEN LETTER TO OUR NEW PRIME MINISTER, MR.NARENDRA MODI

about 13 years ago

Mr.Prime Minister, we citizens of India, for a long time, have been deprived of a good government; we do not know what true leadership means and having had no governance for the past few years, for you to come into this vacuum' even the smallest thing you do will seem like a mannah

IVR PRIME URBAN DEVELOPERS

about 20 years ago

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Bagmane Prime Office REIT

about 5 months ago

Bengaluru-based REIT
Subscription Start Date :5 May 2026 End Date :7 May 2026
Issue Size : Rs. 3,405 cr, Issue Type : Fresh cum OFS
Price Band : Rs.95 to Rs. 100
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Overall Subscription : 7.22x
QIB : 8.16x,HNI :6.08x
Listing Date : 15 May 2026, , Listing Price : 103.50

Dev Accelerator

about 1 year ago

No acceleration seen
Subscription Start Date :10 Sep 2025 End Date :12 Sep 2025
Issue Size : Rs. 143 cr, Issue Type : Fresh Issue
Price Band : Rs.56 to Rs. 61
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Overall Subscription : 63.97x
QIB : 20.3x,HNI :87.97x,Retail :164.72x,Other :17.61x
Listing Date : 17 Sep 2025, , Listing Price : 61

Prime Focus in 'focus' today

about 13 years ago

Prime Focus is in the limelight today morning, with the stock opening higher at Rs.29, its current level, up over 3.5%. It still remains far away from its 52-week high of Rs.44.50. The stock is up after the company announced today morning that its technology subsidiary has agreed to buy DAX, ...

Prime Focus at new high

about 6 years ago

The stock, which had closed yesterday at Rs.51.80, today went on to hit a new high at Rs.58.80 and is now trading at Rs.54 levels.

EVEN THE PRIME MINISTER AND FIIs LOBBY......

about 12 years ago

There is a very thin line between lobbying and bribing. The dictionary says that lobby is "seek to influence (a legislator) on an issue". It is also "a hall, foyer, or waiting room at or near the entrance to a building, such as a hotel or theater." On the other hand, a bribe is "Something, such as money or a favour, offered or given to a person in a position of trust to influence that person's views or conduct". In both the definitions,

Godrej Prop tumbles down

about 5 years ago

The stock opened 9.5% lower at Rs.1511 and went down further to Rs.1502, going down over 10%. Its 15% LC for the day is at Rs.1418.90.

Shriram Prop building well

about 5 years ago

The stock is making some buzz today; the stock, which had closed yesterday at Rs.77, opened today at Rs.77.40 and went up to an intraday high at Rs.80.95.

Dee Dev makes stellar debut

about 2 years ago

As against the IPO price of Rs.203, the stock got listed at Rs.325, a premium of 60%.

Hemisphere Prop surges 9%

about 4 years ago

With a 2x times surge in volumes, the stock rose almost 9% to hit an intraday high at Rs.119.90, with 52-week high at Rs.167.40.

Shriram Prop lists at discount

about 5 years ago

The stock had a poor listing; as against the IPO price of Rs.118, the stock got listed at Rs.94 on the BSE, a discount of over 20%.

Aurum Prop at 20% UC

about 5 years ago

The stock, which had closed yesterday at Rs.95.55. opened flat but soon jumped up to hit the 20% UC of the day at Rs.114.65.

Godrej Prop builds up

about 5 years ago

The stock opened 1% higher at Rs.1735.70, going on to hit a new 52-week high at Rs.1802, going up 4% and is now trading at Rs.1794 levels.

Godrej Prop rises and falls

about 6 years ago

The stock opened almost 0.5% in the green and then went on to hit a 52-week high at Rs.1573.45, up almost 2.5%

Godrej Prop builds into the green

about 12 years ago

Godrej Properties had a lot of good news to announce since yesterday afternoon. First it announced that ICRA rating agency has assigned a MAA (pronounced M double A) rating for Fixed Deposit Programme of Godrej Properties, which indicates high-credit-quality rating. Then came the news that it ...

Godrej Prop soars up

about 4 years ago

This performance report by the company has pushed the stock to the top five gainers list, rising 8.5% to an intraday high at Rs.1219.40 on a 3x rise in volumes.

Godrej Prop jumps up

about 13 years ago

Godrej Properties is very much in the limelight today. The stock which closed yesterday at Rs.191.60, opened at Rs.193.35 and went on to hit an intra day high at Rs.198.80. It is currently at Rs.198.60, up 3.7%. The stock is on the buzz after the company announced that it is launching new pr ...

Godrej Prop up over 10%

about 13 years ago

Almost the entire realty pack is up in the green, at least all those who have development in Maharashtra. Godrej Properties is the top gainer in this pack, up 10% at Rs.182.20, followed by Satra Properties, Zandu Realty, Ansal Hsg, Indiabull Real Estate. Godrej volumes have spurted up almost 13 t ...

GREEK SAGA AND EU WORRIES - NERVOUSNESS PRIME EMOTION

about 12 years ago

Whether it will remain as a part of the Eurozone or make an exit is a huge worry. Plunging oil prices apart and maybe-maybe not exit of Greece (coined as Grexit), the market is also awaiting Europe's core CPI and unemployment rates - scheduled to be announced today.

Godrej Prop builds up

about 2 years ago

The stock saw a notable surge today, rising by 6.5%, following the announcement of its highest-ever quarterly and annual bookings for Q4 and FY25. This surge helped lead the Nifty Realty

DEN Network is on prime time!

about 10 years ago

DEN Networks is amongst the top gainers on the BSE since morning. The stock price jumped up to Rs.91.20 intra day, 5% higher and continues to now hover around Rs.91 levels. The stock is up as it is being seen a big beneficiary of the GST as it is expected to bring down the tax outgo the comp ...

Prime Focus up over 8%

about 6 years ago

The stock, which had closed yesterday at Rs.37.40, opened today at Rs.39.05 and is currently trading at its intraday high at Rs.40.45, up over 8%.

BUYBACK - BUYING TO GET RIL BACK IN GREEN

about 15 years ago

RIL has been a much ignored or else battered stock on the bourses over the past few days. And it came as no surprise to see that it used the same trick which many others have used to prop up the sagging share price and shore up investor confidence - announce a buy back....

RUBBER CONTRACTS, TYRE MARGINS EXPAND

about 9 years ago

Rubber farmers in Thailand, one of the world's biggest exporters of natural rubber, threatened on Friday (Nov 10) to protest in the capital Bangkok if the military government does not help to prop up falling prices of the commodity. Their cost of production is higher than the selling price of rubber. Thailand rubber prices have plummeted to about 48 baht, a fourth of the levels seen five years ago. In India, on 15th November, rubber prices hit a new 52-week low.

Strides Arco strides ahead

about 13 years ago

Strides Arcolab has seen a fantastic run on the markets since the last 15 days. On 1st August, the stock had hit a new low at Rs.552.65 and today, it is at Rs.817.75, a rise of almost 50%. Its market cap stands at Rs.4832 crore. The stock is up after the Prime Minister cleared the Rs.9 ...

PVR Ltd at a new high

about 10 years ago

PVR Ltd hit a new 52-week at Rs.1280.20 and this was on unconfirmed news that it is now a prime takeover target. The news is that China’s richest man owned Wanda Cinema, which had explored the option earlier, has once again revived its talks with Ajay Bijli, the promoter of PVR to buy a maj ...

And the Oscar goes to...

about 9 years ago

It has consistently been celebration time for Prime Focus during Oscar season. This year too, for the fourth time, this Mumbai based company, through its subsidiary,

STALLED PROJECTS - PM INTERVENTION AND MORE....

about 11 years ago

It was a very reassuring to read that once a month the Prime Minister himself gets involved personally to oversee how stalled projects across India re progressing. He had promised that he will cut the red tape and this is a good step in that direction. But India is a huge and complex country, not a small state and the bureaucracy has been dysfunctional for as long as one can remember. Thus it is probably this centralized form

ICICI BANK – TO SEE OR NOT TO SEE IS THE QUESTION

about 9 years ago

On 22nd Oct, 2016, Arvind Gupta penned a letter to the Prime Minister, Narendra Modi and appealed to him, to investigate into the illicit banking and commercial relationship between Videocon Group of Venugopal Dhoot and ICICI Bank’s MD & CEO Chanda Kochhar’s family owned NuPower Renewable Group, steered by her husband Mr. Deepak Kochhar.So why do we have this track record of never ever listening to whistleblowers? One can argue that the Govt will be getting hundreds of such letters every day, so how can they investigate everything? But then, Arvind Gupta is no mischief monger – he has a degree in economics from Banaras Hindu University, is the founder-trustee of Indian Investors Protection Council and holds a PhD in Public Sector Economics.

LAND ACQUISITION BILL - PRO-POOR THUS ANTI-INDUSTRY

about 15 years ago

One news, bigger than the brawl of Shahrukh Khan, which unfortunately most channels failed to debate at prime time, was the revamped Land Acquisition, Rehabilitation and Resettlement Bill. And the Parliamentary Committee which has recommended

DEBATE - ONLY ON TV CHANNELS AND NOT IN PARLIAMENT?

about 14 years ago

The magic word for solving any issue is "talk". And looks like this is one advice, like many others, falling on deaf ears when it comes to the Govt - be it the Opposition or the ruling party. The BJP is right in demanding answers but not listening when the Prime Minister is trying to speak is downright immature.

DIGGING FOR GOLD - IT'S A MAD, MAD, MAD WORLD!

about 13 years ago

The saint who wrote a letter to the Prime Minister, urging him to dig and find the gold, has indeed put his entire reputation and that of the country at stake. If gold is indeed found, the following of this seer is expected to increase manifold and more worrisome - a multitude of increase in superstitions and rituals and protecting our heritage sites from gold diggers will become impossible.

CONGRESS MANIFESTO - A UTOPIAN DOCUMENT

about 13 years ago

This apart, surprisingly, Rahul came off looking pretty confident and answered almost all questions without stumbling or looking far away into the distance, while his mother seemed to look on with real pride on her face. Our respected Prime Minister also spoke but the Press wanted to direct all questions at Rahul or Sonia and nothing at the PM. Again a sign that as per the Press, Manmohan Singh is a part of history now.

NOT A WAVE, IT MIGHT BE A 'MODI TSUNAMI'!

about 13 years ago

One sure shot thing which we can now expect - Narendra Modi in all likelihood will become the new Prime Minister of India. Another good news which we have got is that the Lok Sabha Election this time around saw the highest voter turnaround at 66.38% v/s 58.19% in 2009. The voters came out in throngs and have surpassed the previous record of 64.01% in 1984 when Indira Gandhi was assassinated.

IPO MARKETS - THE LULL BEFOE THE STORM

about 12 years ago

The Initial Public Offers (IPOs) market is slowly but surely waking up. 2014 was not all that great though activity picked up during the last quarter. As per Prime Database, companies raised a total of Rs.45,440 crore in 2014, down 14% (YoY) but before you feel that all was not all that bad think again - 81% of this amount

Indoco Remedies in good health

about 8 years ago

This news has helped prop up the stock price today morning. The price rose almost 8% to Rs.218.70. Stock has been gaining for the last 3 days.

ONLY QUESTION ON DALAL STREET – KITNA GIRA?

about 6 years ago

And because we are now closely linked with the markets abroad, especially US, it impacts our markets – US markets fall, we get hurt. So, while we might be feeling a bit better, feeling queasy about the data yet choosing to believe that the Covid has taken a short respite in India, its not so in other parts of the world – that’s the prime reason why the global markets got antsy and fell.

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).

SO WHAT’S YOUR ‘SENTIMENT?’

about 7 years ago

There are only two prime sentiments which guide the markets – fear and greed. Too much fear can sink stocks well below where their worth. When investors get greedy, they can bid up stock prices way ahead of their value.

WHEN WE LOSE FAITH IN GOVT DATA…..

about 8 years ago

When even the Prime Minister of India admits that he has no idea how many jobs his Govt is creating, doesn’t it point to a serious issue – data collection and reliability?

YEN AND THE ART OF TRADE MAINTENANCE

about 12 years ago

Just as Modi has given our country the dream of "Make in India", Japan's Abe too is thinking in the same lines. The Japanese Prime Minister, like Modi is looking at options to bring back production, especially of electronics, back to Japan. The difference here is that Modi wants to make India conducive for other countries to set shop here

UK GOING TO POLLS IN JUNE? ‘MAY’ MIGHT HAPPEN!

about 10 years ago

hile Indians were busy dealing with Snapchat controversy, UK Prime Minister Theresa May, took everyone by surprise by announcing ‘snap elections.’ UK, as per the set schedule will go the polls only in 2020 but looks like May, who till date had been denying all along that she will seek early elections, has succumbed to political necessities and yesterday, late in the evening (IST)

Ricoh India at new high

about 13 years ago

Ricoh India has hit a new 52-week high today at Rs.71.50, which is also its 20% upper circuit. The stock opened for trading at this price and was locked immediately. The stock is at a new high following its announcement on 8th Nov that the Board will meet today, 11th Nov to consider the prop ...

“QUOTABLE QUOTES” – THAT IS A GUARANTEE OF MODI SPEECH!

about 9 years ago

Prime Minsiter Modi is a dazzling orator; that is one thing which every single person, be it a supporter or opposer, will unanimously agree upon. His talk is inspirational and he holds the ability to build upon a vision. It’s a different question (and a topic) whether or not those visions translate into reality or whether the talks remain merely that, talks. But we all hand it to him when it comes to presenting India on an international platform.

THE TALE OF TWO COUNTRIES - ARGENTINA AND VENEZUELA

about 13 years ago

The problem with Argentina and Venezuela is a completely blotched set of fiscal and economic policies. To keep the currency rate overvalued, its inflation rate is shown at unrealistic levels. But in both these countries, there exists a parallel unofficial black market for exchanging dollars. Incoming tourists could either exchange the dollars for peso in Argentina at the officially pegged exchange rate, which is 'set' by the Govt and not the market forces.

What is a base rate?

about 11 years ago

Reliance Industry Share Price & History

about 8 years ago

Inside details & Analysis of Reliance Industries' share price. Analysis of each division of Refining, Petrochem, Oil & Gas, Retail, Jio (Telecom & Digital) & Media.

Aster DM Healthcare

about 9 years ago

Verdict :An Unhealthy Choice
Subscription Start Date :12 Feb 2018 End Date :15 Feb 2018
Issue Size : 980 crore, Issue Type : Fresh cum OFS
Price Band : Rs.180 to Rs. 190
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Overall Subscription : 1.33x
QIB : 2.14x,HNI :0.58x,Retail :1.19x
Listing Date : 23 Feb 2018, , Listing Price : 183

VRL Logistics

about 12 years ago

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TD POWER SYSTEMS LIMITED

about 15 years ago

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PURAVANKARA PROJECTS

about 20 years ago

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Spice Mobility

about 20 years ago

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The list gets longer......

about 20 years ago

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What is a 'wash trade'?

about 13 years ago

Companies hoping to see the light of the day!

about 20 years ago

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Marginal cost of funds based lending rate (MCLR)

about 11 years ago

RAINS, RAINS - ITS TIME TO CELEBRATE!

about 10 years ago

The Indian Meteorological Department (IMD) has announced that very soon entire country will be covered by rains. This is beautiful music to all our ears, surely inspiring us to dance the mad rain dance! Good rains after two years of drought means water scarcity will finally diminish, farm output will go up and incomes across rural India will get a boost.

TAPERING – FINALLY ITS HAPPENING!

about 5 years ago

As we in India get ready to begin our four-day Diwali celebrations, the Federal Reserve in USA is getting ready for taper. The US Central Bank will begin reducing its asset buying by $15 billion/month from mid-November. This means the expansion of Fed’s $8.6 trillion asset portfolio will end by June’22

KEEP AN EYE ON - FIRST ECB AND THEN THE FED

about 15 years ago

There is really a very small section of analysts who believe that ECB could cut borrowing costs, which as such is at a historic low of 1%. Majority confer that, and rightly so, that the ECB meet will be status quo, no decision will be made. The ECB wants to convey to the EU...

LIGHT AT THE END OF THE TUNNEL

about 6 years ago

2020 has taught us many life lessons and one more important learning – its impossible to predict the entire next year when we cannot predict the next second in our lives. Yet, we as humans need to have a roadmap, something which chalks our path and gives a rough idea about what to expect in the coming days.

FDIs WILL COME DESPITE IMF & COVID!

about 6 years ago

So, we have this declining growth trajectory from IMF and then there is the other news – according to the FDI survey released yesterday by CII in association with Ernst & Young (EY), India has emerged as one of the top three choices for investments in the next 2-3 years.

FOCUS ON INFLATION OR ELSE PAY HIGH PRICE OF DEPRESSION

about 6 years ago

One question being asked all over is whether pursuit of inflation for central banks is the way ahead or should the focus now change to growth? Getting the eye off inflation is risky. If all these inflation-targeting central banks face a situation of low inflation unlike us, they fear that it might get into deflationary territory.

POST COVID – WHAT WILL DO WELL; WHAT WILL NOT

about 6 years ago

Thus as this juncture, as we all try and get back to a new “normal,” lets look, as a consumer, what are the sectors/industries which will boom in the coming days. We are looking at new avenues and mostly at city dwellers.

INDIA INC GETS GENEROUS

about 7 years ago

It probably needed the heart wrenching sights of the migrant workers to loosen the purse strings of India Inc. The money is pouring in and it feels very good to know that money the private sector is helping.

THE DAVOS CIRCUS BEGINS

about 7 years ago

Like every year, we could not help but wonder about the purpose of this meet. The slogan of this World Economic Forum at Davos is Stakeholders for a Cohesive and Sustainable World. This is very Utopian as it means zero corruption, fair taxation and respect for human rights.

THE ROT IS ONLY AT THE BOTTOM?

about 7 years ago

Some time ago, Nayak had filed an RTI, asking details of employees penalised in FY18 along with their designation, branch, and the nature of the penalty imposed on them. And the answers seem to have finally come.

WHAT’S YOUR EMOTION?

about 5 years ago

These two represent the two animals – bull and bear; when its fear, the bear stomps on the trading floors and when greed rules, the bulls cause a rampage. For investors, who are led only by long term returns, the guiding sentiment for this highly evolved or even liberated species is patience. Investors need to be immune to fear and greed, while traders have nothing to do with patience.

THE POLITICS OF FUEL PRICES

about 5 years ago

Oh, how we wish there were major elections every year! The Union Govt, gift-wrapping it as “Diwali gift” reduced excise duty on petrol by Rs.5/litre and that on diesel by Rs.10/litre. And as if on cue, 22 States and Union Territories, majority of them governed by the BJP, Janata Party or its allies, reduced taxes on fuel too.

WHY MARKET IS NOT JUBILANT ABOUT FDI CAP REFORMS?

about 13 years ago

The first and foremost reason - foreign investors did not need convincing about the potential of India but they do not need a lot of convincing about such decisions seeing the light of the day. Also, the Govt seems to be in a tearing hurry to push through biog ticket reforms

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

RAINS - DARK CLOUDS LOOMING LARGE

about 13 years ago

So what is the silver lining in the prediction by IMD yesterday that rainfall in India this year could fall short? We take a quick look at the sectors which could probably benefit, those which could be hit and those which will be unaffected. Currently India is gripped in election fever and hopes of a new Govt forming at

RAINS - WHERE 'MIS'FORTUNE WILL CHEER AND BEMOAN?

about 12 years ago

The stock market is capitalist. That's a known truth. When there is a pandemic, stock price of companies making the drug shoots up. For the market, every adversity is an opportunity. But therein lies a message too - look for the silver lining in every cloud. No doubt the rain deficit has come down last week from 34% to 21%

STOCK SPLIT OR BONUS - THE VIEW REMAINS SPLIT

about 12 years ago

In both cases, the moment the news is announced, stock scales new highs and after the actual 'happening' of the event, the price slips, almost halves. So what should one back - stock split or bonus?

UNION BUDGET 2015-16 - DEFINITELY NOT SARVE BHAVANTU SUKHINAH!

about 12 years ago

Well, after a lot of hype and hoopla the D-Day is finally over. The most awaited event of the year for the market is over and done with. And we continue to wait. If this was the test of Modi Sarkar, the much talked about promise of achche din, well, the Budget will not go down too well with the masses. He had talked about achche din for the masses, right? In that case, this Budget has done nothing for us, we the individual tax payers.

EL NINO MONSTER IS BACK - WHO GETS SCARED? WHO REMAINS NONCHALANT?

about 12 years ago

The El Nino monster is back, raising its ugly head, gnarling and snarling its teeth, threatening the very existence of farmers and their livelihood. With some 60% of the population depending directly or indirectly on agriculture, any forecast of poor monsoon spells doom. The first forecast from the Indian Meteorological Department (IMD) came in yesterday and it was not good. The IMD stated that monsoon this year could be 93% of the long-period average. Anything which falls in the range of 90-96% is considered

DROUGHT - THE WAY MARKETS WILL LOOK AT IT

about 11 years ago

The stock market is capitalist. That's a known fact. When there is a pandemic, stock price of companies that make the curing drug, shoots up. For the market, every adversity is an opportunity. But therein lies a message too - look for the silver lining in every cloud. The biggest adversity facing the country currently - 10 states have already declared a drought. North Interior Karnataka, Telangana, Maharashtra, Gujarat, Madhya Pradesh, Uttar Pradesh, Bihar, and Haryana are scorching under drought or drought-like conditions.

SUB DIVISION OR BONUS - THE VIEW REMAINS SPLIT

about 10 years ago

A company mired in legal litigations and losses could one day suddenly zoom into the stratosphere, scaling new highs, a drastic change from its habitual low levels. This sudden change in mood could happen only on two counts - if the company has announced profits or if it declares a stock split.

THE SEASON OF STIMULUS COMING CALLING!

about 7 years ago

We saw the Govt’s stimulus packages coming in abundance in 2008 and now after a decade, we are probably going to see the cycle turn around, all over again. This makes us wonder whether stimulus too runs on a 10-year old cycle?

DAS – AN EXPERT IN PULLING UP SURPRISES!

about 7 years ago

It was a given – 25 bps rate cut and Shaktikanta Das threw a googly once again by taking a pause. Once he made everyone sit up and take notice with an odd 35bps rate and today, no rate cut when it was almost for certain that rate will be cut to spike up growth. 135 rate cuts back-to-back in 5 consecutive policies – so it’s not exactly sacrilege if RBI decided to take a pause

FOUR-DAY WEEK – NOT FOR THE WEAK MINDED!

about 6 years ago

Monday to Thursday work days. Friday, Saturday and Sunday paid holiday – three day-weekend or four-day working week. Potatoe or Potato – whichever way you say it, it’s the same. Maybe pre-Covid, it might be preposterous and today, after having worked from home for almost a year now, it does not seem like a bad idea at all.

Laurus Labs lists at 15% premium

about 10 years ago

Drug maker, Laurus Labs, which had set the IPO price on the upper price band at Rs.428, opened with a huge gap at Rs.490, up almost 15% over IPO price. But it has not been able to sustain at this level and is now down to Rs.475, nevertheless up 11% over IPO price. The issue was subscribed ov ...

Jet Airways hits an air pocket

about 13 years ago

Jet Airways seems to have hit an air pocket. The stock which has closed yesterday at Rs.462, opened today lower at Rs.442 and went to an intra day low at Rs.438 and though it has recovered from this low, it is currently at Rs.453, down 2.7%. The stock is in the red today as the much awaited ...

Archean Chemical up 12%

about 1 year ago

The stock price is up in the green today, opening over 2.5% higher at Rs.669 and rising to an intraday high at Rs.727.80, up almost 12%. Its 52-week high is at Rs.831.

Kotak Mahindra up 3%

about 5 years ago

The stock rose today morning to an intraday high at Rs.1963, rising 3%. Its 52-week high is at Rs.2048.95.

Mazagon Dock at new high

about 5 years ago

Today too, from its previous close of Rs.278.35, it went on to hit a new high at Rs.309.20 and continues to trade at these higher levels.

VA Tech in the green

about 5 years ago

Following this news, the stock price in the morning opened with a positive bias at Rs.341, up 2% and went up further to Rs.349, up 4.5% and is now ruling at Rs.339 levels.

DB Realty hits 5% UC

about 5 years ago

The stock which had closed on Monday at Rs.95.15, opened higher today at Rs.99.85 and within seconds hit the 5% UC of the day at Rs.99.90, where it now stays frozen

DB Realty at 5% UC

about 4 years ago

Post this news, the stock price today opened itself 5% up at Rs.90.15, hitting the UC of the day. Its 52-week high is at Rs.133.85.

Bombay Dyeing in action

about 3 years ago

The stock rose to Rs.123.55 and went on to hit a new 52-week high at Rs.127.95. Profit booking at this level pulled the stock to Rs.119 and is currently trading in the red.

RITES rises and falls

about 3 years ago

The stock opened 1% higher at Rs.518.55 and soon rose to an intraday high at Rs.537.35, up almost 4.5%; profit booking came in at this level and the stock is now in the red

Heritage Foods at new high, again

about 2 years ago

The stock surged 20% yesterday to a 52-week high of Rs.546.95 on the BSE. In fact it has been hitting new highs since past few days. Today too, it opened 8.5% higher at Rs.592.95 and went on to hit a new high at Rs.601.60

SCI sails in good waters

about 2 years ago

The stock, which had closed on Friday at Rs.257.35, opened much higher today at Rs.270.25 and rose to an intraday high at Rs.288.75. Its 52-week high is at Rs.384.80.

Dredging Corp at 20% UC

about 12 months ago

The stock opened at Rs. 780.05 and hit its upper band of Rs. 888.95, with a VWAP of Rs. 845.71. Market capitalisation stood at Rs. 2,489 crore.

Future stocks face uncertainty

about 6 years ago

The entire pack of Future group stocks are in the red, figuring among the top losers on the bourses, all locked in their LCs of the day. Future Retail is the top loser

Groww rises 3%

about 9 months ago

The stock moved in a wide band, with trades seen from the mid-Rs. 155 zone to the low-Rs. 160s, while turnover was active and the company’s market capitalisation hovered around Rs. 1.0 lakh crore

HAL ready for take off

about 4 months ago

The stock rose 3.07% to Rs. 4,387 today, with the stock touching an intraday high of Rs. 4,393.95. The move comes amid reports that the Defence Ministry has received around 10 bids from Indian public and private sector companies for a more than Rs. 30,000 crore project

Metal stocks rise as China reduces rates

about 12 years ago

The top gainers on the bourses today are mostly metal stocks, with Jindal Steel ruling higher by over 4% at Rs.149, SAIL also up around 4% at Rs.87 levels, Hindalco is up 3.5% at Rs.166 and Tata Steel is up 2.5% at Rs.474. The metal stocks are up, reacting to China, on Friday, in a surprise ...

NMDC jumps up on buyback plans

about 11 years ago

NMDC is a smart gainer on the bourses today. Figuring amongst the top gainers on the BSE, intra day, the stock rose over 5% at Rs.91 and is currently at Rs.90, up some 4.2%. Its 52-week high is at Rs.125. The company announced yesterday evening that its Board will be meeting on 7th June to c ...

Aviation stocks on the rise

about 9 years ago

The aviation stocks always move in opposite direction to the crude oil prices – when crude price rises, aviation stocks drop and vice versa.

Steel stocks shine bright

about 8 years ago

Thanks to a report in Reuters, steel stocks are having a field day today. Tata Steel rose almost 3% to Rs.630.55.

Realty stocks in limelight

about 8 years ago

Realty stocks are having a good run on the bourses today morning and the top gainer, figuring in the top five gainers on the BSE is housing finance company, HUDCO.

Quick Heal is newsmaker

about 8 years ago

Quick Heal Technologies is very much a news maker today. The stock price went up over 9.5% to Rs.221.50 and remains around the same levels.

HAL cruising smooth

about 4 years ago

The stock is cruising steady despite the somber moods on the Street; it rose over 3% to hit an intraday high at Rs.2794.85, which is quite close to its 52-week high of Rs.2812.75.

BoM and IOB trending

about 5 years ago

BoM, which had closed yesterday at Rs.25.75, hit a new high today at Rs.30.15, with an over 8.5 times rise in volumes. IOB almost kissed the previous high

Edelweiss at 5% LC

about 6 years ago

The stock today opened itself almost 5% down, quickly going on to hit the 5% LC of the day at Rs.80.20.

Rcom hits a new high, again

about 13 years ago

Reliance Communication which has been having a good run on the otherwise pessimistic markets is the top gainer on the BSE today morning. The stock is up almost 6% at Rs.143.25 and it has already hit another new 52-week high today at Rs.148. The stock is up in the green after it announced tod ...

Rcom hits a new 52-week high

about 11 years ago

Reliance Communication (RCom) hit a new 52-week high today also at Rs.87.70. Yesterday’s new high was on account of the news that the company had begun monetization of surplus real estate. It said that it had completed sale of nearly 150 residential flats situated at Sea Woods complex in Na ...

Bank stocks plunge into deep red

about 13 years ago

The top losers on the BSE are banking stocks, almost all are from the private sector banks. Yes Bank continues to get butchered and it is down almost 8% at Rs.240.75 and Axis Bank hit a new 52-week low at Rs.883.25. IndusInd Bank is down almost 6% and even a solid bank like HDFC Bank is down over ...

ING Vysya is top gainer

about 13 years ago

ING Vysya is the top gainer on the BSe currently, up over 4.5% at Rs.533, with an intra day high and low at Rs.598.95 and Rs.529.50 respectively. Volumes are good at 41,000 shares, worth over Rs.2.20 crore changing hands today morning. The stock is in the limelight on unconfirmed news that I ...

Oberoi Realty top gainer

about 13 years ago

Oberoi Realty is the top gainer on the BSE, with the stock opening higher at Rs.210,25, over previous close of Rs.211.30. It hit an intra day high at Rs.230 and volumes are up over 11 times. The stock is up after the Supreme Court dismissed a lower court judgement and freed up 100 of acres i ...

ITI up over 10%

about 13 years ago

ITI is doing very well today morning, with the stock opening higher and is currently at Rs.16.55, up 10.25%. Volumes have risen over 13 times. ITI, which was earlier known as Indian Telephone Industries Ltd, a PSU is up in the green today after the Cabinet Committee on Economic Affairs (CCEA ...

Titagarh Wagons chugs along

about 13 years ago

After the super surge yesterday, most of the railway stocks have today got into profit booking mode except for Titagarh Wagons, which has hit a new 52-week high once again at Rs.312.55 and currently remains over 3% higher. The stock remains firmly in the green, expecting to get a bounty from ...

Markets unhappy with TCS's generosity

about 12 years ago

After Bhushan Steels, it is TCS, which is currently the second biggest loser on the BSE. The stock opened higher at Rs.2498 for its yesterday’s closing of Rs.2486 but soon slumped to an intra day low at Rs.2441.60 and remains presently around same levels. The stock has ...

NBCC hits new high and slips into red

about 12 years ago

National Buildings Construction Corporatio (NBCC) has been consistently hitting new highs since the12th of Sept and today too, it hit a new high at Rs.709 though it has currently slipped into the red at Rs.684 levels. NBCC is a Navratna PSU and it is the field of civil engineering, working o ...

HMT clocking good time

about 11 years ago

HMT is in the limelight today after a long time. The stock is up currently over 11% at Rs.55 levels with an intra day high of Rs.57.80 and low at Rs.53.20. The PSU where Govt of India holds 90% stake is up after it issued a clarification that it has signed a MoU with German company, Fraunhof ...

Donear once again on 20% UC

about 11 years ago

Donear Industries hit a new 52-week high today at Rs.24, locked on the 20% upper circuit, like the way it was yesterday. In a span of less than a month, the price has doubled up. In our Market Whispers column, yesterday, our Editor, Mr.SP Tulsian had recommended the stock as a good investmen ...

Tata Steel up in the green

about 11 years ago

Tata Steel is up in the green today on news coming in that the UK government has agreed to partly nationalize the company’s UK assets. The news is that it is ready to buy 25% stake in the business. The UK Govt also said it will offer debt financing of "hundreds of millions of pounds&qu ...

Relaxo Footwear on strong footing

about 7 years ago

Relaxo Footwear seems to be striding in the right direction based on its Q2FY20 earnings. With volumes jumping up over 19 times, the stock price hit a new high today at Rs.625, jumping up over 15

HCC 'claims' top notch gainer position

about 10 years ago

The market is thrilled with HCC in an otherwise somber, lackluster day of trading. The stock rose over 15% in early trades to Rs.39.50 and continues to trade over 12% up. Its 52-week high stands at Rs.41.90. HCC has received communication from NHPC and NHAI regarding arbitral award payment. ...

RELIANCE TO DO A ‘JIO’ IN RETAIL?

about 7 years ago

The sheer destruction which Jio wrecked on the Indian telecom sector is here for all to see, with existing players looking like wounded and maimed soldiers on the battlefield; the huge army of Jio came and conquered and the existing warriors could do nothing but watch their kingdom slip away. That’s the power of money and Ambani has more.

Reliance Industries at nine year high!

about 10 years ago

The last day of the fiscal, 31st March FY17, Reliance Industries hit a new high at Rs.1336 and today, the first day of the new fiscal, FY18, it celebrated with another new high at Rs.1380 – this is a none year high!

DIC India on 20% UC

about 9 years ago

DIC India, formerly known as Coates of India, which makes printing ink, rose 20% today at Rs.543.70, hitting the UC. Volumes were huge at some 51 times. And to think that it has ended last week, 9th June by hitting a new low at Rs.432.65

Rcom jumps on property sale news

about 9 years ago

Reliance Communication (Rcom) is buzzing loud and clear today. The stock price rose almost 6% to Rs.20.90. Any news from the company which talks about initiation of steps to reduce debt by selling assets is greeted with a lot of cheer.

ONGC lights up

about 9 years ago

ONGC is in the news today and the stock price has risen almost 3% to Rs.169, with a 4 times rise in volume. Its 52-week high stands at Rs.212 and low at Rs.155.30.

Tata Communications rings a new tune

about 9 years ago

Tata Communications had closed yesterday at Rs.714.05 and today, it opened higher at Rs.721.80, going up to an intra day high at Rs.722.50.

Bhansali Eng has good news!

about 9 years ago

Naturally the stock price has reacted positively to this rare breed of good news; the price rose almost 3.5% to Rs.173.45. Its 52-week high is at Rs.217.40.

Titan shines bright

about 8 years ago

Titan Ltd is among the top three gainers on the BSE currently. The stock price rose today over 5% to Rs.815.95 and continues to remain firmly in the green.

Sun TV shrouded in clouds

about 8 years ago

Sun TV has been among the top five losers since the opening bell today morning. The ‘lower-than-expected’ Q2FY19 earnings and the growing perception that the company might lose out as the growing fancy for Over-The-Top

RBI RELENTS – WILFUL DEFAULTERS LIST COMES 7 YEARS LATE

about 7 years ago

The RBI has always been very reluctant to share the names of the defaulters, saying that revealing the names would go against the economic interests of the country and its fiduciary relationship with the banks did not allow RBI to come clean. Somehow, this reasoning never made any sense

SOME REASON FOR CHEER?

about 8 years ago

Not a single food product is over 3% with vegetables index actually in the negative at -4.15% and fruits at 1%. Somehow, we do not experience this when we go to buy fruits and vegetables? Inflation is steady but why are we not experiencing this on the ground?

RELIANCE V/S AMAZON - HEADING FOR A HEAD-ON!

about 7 years ago

Data is the new oil. That’s the one big message we got from the AGM of Reliance Industries yesterday. And that could explain why the AGM was more about Jio and very little about petrochem.

RBI DELIVERS AS EXPECTED, ALL EYES ON FOREIGN BANK WOSs

about 13 years ago

There is no doubt that going ahead, inflation will remain the focus. Already inflation is at an elevated level, and good monsoon would mean higher demand, good growth but higher inflation. RBI has stated that while food price pressures may ease with the arrival of the kharif harvest and

HOW IS THE UNION BUDGET PREPARED?

about 14 years ago

This article is more about the machinations which happen behind the scenes and the nuts and bolts which move to make the Budget a reality. A free wheeling, light hearted read so that you can be ready for all the heavy duty grey cell work tomorrow! So do you know how the Budget actually gets made? It is a process in itself and a veil of secrecy shrouds the finance ministry and other Govt offices at North Block right from the beginning of February

CDR - THE NEW PAIN KILLER FOR INDIA INC's INDULGENCES?

about 14 years ago

Debt has become a bad word, taboo on Dalal Street. The moment any company starts showing signs of stress due to high debt, it is dumped like stinking garbage in the dustbin! Companies with high debts always existed and one would have thought that with interest rate cycle now turning downwards, it should actually stop being such a big issue. But in this current environment of bear cartels, margin money pressures and pledged shares

FALLING YEN AND RISING YEARN FOR MARUTI

about 14 years ago

Well, the news doing the rounds and shaking up things, causing a major tumble in the currency markets is the falling yen. Since Nov'12, the yen has been falling in value against most other major global currencies. And yesterday, 4th April, yen hit a three-and-half year low

VICTORY IN KARNATAKA - CONGRESS SHOULD FEAR, NOT REJOICE!

about 14 years ago

After the victory in Karnataka, the Congress Govt should be worried sick and not celebrating. And the BJP instead should be rejoicing.

PUBLIC SHAREHOLDING NORM - HOPEFULLY, NO EXTENSION OF DEADLINE

about 14 years ago

Every other day, one stock or the other is up precisely on this rumour - delisting. The deadline for bringing down promoters holding to 75% or less expires on 30th June 2013, three years after it was mooted. That for the public sector, where public float should be at least 10%, expires on 31st August 2013.

UPA's REPORT CARD - WHAT'S THE POINT WHEN SELF-APPRAISED?

about 14 years ago

A report card shows your past performance and we all are very well aware of UPA's unbeatable track record on scams, corruption and yes, some bit of performance too. We are as such watching the Bharat Nirman

RBI DOES THE RIGHT THING - MAINTAINS STATUS QUO

about 14 years ago

RBI alone cannot salvage the market and the economy. It can only aid policy actions taken by the Govt. The high retail inflation last week and then the rupee depreciation more or less had shown us the way in which the policy would move today.

RBI'S MOVES - NO GAIN WITHOUT PAIN

about 13 years ago

Foreign brokerage houses were swift to react and they all, like cattle in a herd, cut India's FY14 GDP forecast. The already despondent moods on Dalal Street got further depressed. Well, today the clouds are indeed darker but one should not blindly follow the herd. Yes, for now growth would be hurt but what the foreign brokerages

NO TAPERING ! THE UNCERTAINTY CONTINUES....

about 13 years ago

This is naturally good news for the markets but at the same time, what this also means is that the uncertainty continues. The tapering is inevitable but just when the markets and the marketmen were psychologically prepared for a tapering - markets would not react overtly if tapering is to the tune of $10-15 billion and could crash if around $20 billion or more.

THE RELEVANCE OF 5-YEAR PLANS - ROADMAPS WHICH TAKE YOU NOWHERE?

about 13 years ago

The 12th Five Year Plan, 2012 to 2017 has already started in April and as 2013 also completing six months (it follows fiscal year ending), with one and half year over, one wonders what will be achieved in the next 3.5 years, especially when next year is an Election year? And time and again, one cannot help but wonder at the relevance of the five-year plans?

LOBBYING - AN INTEGRAL BUSINESS TOOL OF INDIA INC

about 13 years ago

There is a very thin line between lobbying and bribing. The dictionary says that lobby is "seek to influence (a legislator) on an issue". It is also "a hall, foyer, or waiting room at or near the entrance to a building, such as a hotel or theater." On the other hand, a bribe is "Something, such as money or a favour

SEPT IIP - DISAPPOINTING AND DREARY

about 13 years ago

Then came the IIP for Sept which came in at 2%, better than 0.6% in August but surely much lower than expected growth of around 3%. One could not help wonder where all the growth of the core sector got written off in the IIP? The growth in the infra sector growth was reflected partly in the IIP numbers in the form of growth in electricity

EXPECTATIONS RUN HIGH FOR RATE CUT

about 14 years ago

So expectations take further wings - will RBI cut only 25 bps on 29th Jan? The market has now assumed that a rate cut is for sure based on today's released WPI number. December WPI came in at 7.18% v/s 7.24% in November, a marginal decrease, nevertheless a fall. The market was especially enthused with manufacturing inflation,

ARE STOCKS AND MARKETS GETTING 'MODI'FIED?

about 13 years ago

What do we mean by political connections? Just as a common man might feel that he can get his work done expeditiously if he has 'contacts' in the Municipality or any Govt office, company owners, obviously with higher stakes, need such 'contacts' at the higher levels. It is a known truth

CERC - DOES A "BATTI GUL" FOR POWER COMPANIES

about 13 years ago

Well, looks like markets did have a good read and are not happy with what it read. Power stocks continue to remain the big losers of the day, lead by NTPC, which will be impacted the most (Read 'What's Buzzing' column for NTPC specific details). What also comes forth is that power tariffs are set to come down - good news for us, naturally, not good for the power companies. It also aims to increase the onus of improving efficiency

RBI DECIDES TO WAIT-AND-WATCH

about 13 years ago

RBI has though warned. It has stated, "RBI will be vigilant. Even though the Reserve Bank maintains status quo today, it can help guide market expectations through a clearer description of its policy reaction function: if the expected softening of food inflation does not materialise and translate into a significant reduction in headline inflation in the next round of data releases, or if inflation excluding food and fuel does not fall, the Reserve Bank

THE LOKPAL BILL - NO JOKES, FIRST STEP IN RIGHT DIRECTION!

about 13 years ago

Lokpal is the literal sense, a Hindi word, means 'protector of the people' and this Bill aims to be true to its words. Born out of rampant corruption, this Bill aims to curb corruption by punishing bribe taking officials and basically, bring down (rooting out such a deep rooted poisonous ivy seems

HAPPY, PEACEFUL AND PROSPEROUS 2014!

about 13 years ago

As 2013 hobbled its way to the exit door, one could not wait to see the back of the year, a push and shove, if possible was a good idea! Corruption scandals dominated the political landscape like always but what made 2013 different is that people in four state elections have said "Enough is enough!" and preferred to show Congress the door. A new party has taken centerstage in Delhi

EVENTS TO SHAPE THE WORLD IN 2014

about 13 years ago

As we step into 2014 with new optimism, there are few world events, which could have a bearing on the world around us; not directly but as a causation of living in a flat, globally connected world. A quick look at the calendar of 2014. Mark these events....

CRASH OF THE MARKETS - CAN IT BE BLAMED ON DAVOS CONSPIRACY THEORY?

about 13 years ago

So many a times, when logic does not make sense, people resort to conspiracy theories. These are usually floated by people who have immense intellectual vanity and drunk on that, they feel they have the ability to think on a much higher plane than the ignorant masses around rhem. If one finds their theories unpalatable, they merely brushes it off, saying that others simply do not have the intelligence to wrap their mind around such thinking.

THE WARM WINTER OLYMPICS AT SOCHI - MANY GIVE IT COLD SHOULDER

about 13 years ago

The cost of the games for showing the world that 'it has arrived' -$50 billion, making it the most expensive in the history of mankind. The cost has burgeoned four times over from the estimate made in 2007 at $12 billion. China had spent $40 billion for its summer Olympics in 2008 and Canada

CDR - AN ESCAPE ROUTE FOR PLANS GONE AWRY

about 13 years ago

As per data on the CDR cell website, since its inception till 31st Dec'13, it has received 605 cases (365 cases as at 31st Dec'11) of which 105 cases were rejected, approving 443 cases. There were 69 cases which exited the CDR successfully while currently 259 cases are 'live'.....

UKRAINE CRISIS - WILL IT BE SPLIT WIDE OPEN?

about 13 years ago

fter abandoning EU Association Agreement, Yanukovych made a deal with Russia's Putin, wherein Putin offered "an economic lifeline" to Ukraine in the form of $15 billion loans and cheaper gas supplies. Thus while Ukrainians were hoping to see their President take steps to integrate the country with Europe; all dreams of development and progress was ditched was ditched

REALTY - INVASION BY 'FOREIGNERS' PUSHES UP UNREAL PRICES

about 13 years ago

As per the the latest data published by the Australian Govt, Chinese investors spent almost 6 billion Australian dollars (US$5.4 billion) on real estate during the 12-month period ending in June 2013. An HSBC report published in February named Australia as China's No. 1 destination for overseas property. And to follow all this up, Credit Suisse released a report that forecasts a flood of Chinese investment over the next

THE YEARN FOR YEN

about 14 years ago

Slowly and quietly, just like the Japanese, its currency, the yen, has also been falling against the US dollar for a few days now while we have been looking at the Rupee-dollar scenario and the stock markets. The land of the rising sun seems so far away in the east that we most of the time, do not pay much attention.

HAPPY AND PROFITABLE 2013!

about 14 years ago

So the world did not end in 2012 and we all live to tell this tale! As 2012 hobbled its way to the exit door, one could not wait to see the back of this year and a push and shove, if possible was a good idea! Corruption scandals dominated the political landscape 2010 and 2011 and it was corruption and politicians again in 2012. As the year closed and a swanky New Year was ushered in with new hope, a quick look back at the year that was. Its back to basics - an A,B,C,D... of 2012.

WE THE PEOPLE, BY THE PEOPLE, FOR THE PEOPLE!

about 13 years ago

The victory of BJP/NDA was a given but no one in their wildest dreams had expected this kind of complete win. This kind of win for one single party is a loud voice for a complete change; people across the country voted single mindedly for Modi and his victory was through BJP - yes, one can say that this was a Presidential election.

Q3FY12 - SLOWDOWN IS CLEARLY EVIDENT

about 15 years ago

The real shocker was manufacturing which was just about managed to hold on to the positive, with a just 0.4% growth. The farm sector growth was disappointing despite a record Kharif crop; probably the other sectors like horticulture, animal husbandry and the rest pulled down the overall agri growth

LARGE INFRA PROJECTS - BIG DECISIONS REQUIRED

about 12 years ago

Large infra projects continue to bleed. Somehow, this hemorrhage just does not seem to stop, threatening to drain out all life blood like a hemophiliac. When the projects were announced, the market had celebrated with so much fervor but over the years, projects of big scale just do not seem to be taking off.

IIP AND CPI - A PLEASANT SURPRISE ON GROWTH FRONT

about 10 years ago

The macro economic data which came in today evening were very much on expected lines, no unpleasant surprises here. Consumer Price Index (CPI) for July came in at a two-year high of 6.07% v/s 5.77% in June. And this was led by sharp price rise in food inflation, which was at 8.35% v/s 7.38% (MoM). Vegetable inflation

THE ENEMY IS ALREADY INSIDE.....

about 10 years ago

Our question is - why can't the private sector step into this? If some many employees are falling sick with Dengue, maybe TCS needs to look how it can help? This is true for all companies. The civic bodies simply do not work; it is frustrating that they make money and are not doing their job well.

THE TRIGGERS FOR NOVEMBER - ALL ON HOLD TILL 8TH

about 10 years ago

So the festivity is all over. We are back to the markets, looking around for new triggers. Many of us might have done some very good bit of shopping during Diwali, some heavy buying of big stuff and we now hope that this reflects in the Q3 numbers. Automobile companies will declare their sales numbers for October and we surely hope that it has been a bumper month

BoE SITS ON ITS HANDS BUT UK COURT THROWS BREXIT INTO MORE UNCERTAINTY

about 10 years ago

But nixing this very statement, came a UK court ruling - it stated that the Government cannot kick off the process of leaving the EU without a vote from the Parliament. What this means is that if indeed this verdict is upheld, those who had voted to stay will wield more influence over how Brexit is executed, with many expected to delay or even stop the process.

THE ELECTION PROCESS OF USA

about 10 years ago

This is a historic time as far as 'world events' are concerned. One of the largest economies of the world, USA is electing is new leader. And today we live in a flat world, where every global occurrence makes a difference in our economic equations. USA goes to polls today and in a capitalist economy the way they elect their President is very different from the way in which we in India, or even

MIGHT OF AMBANI - COMPETITORS MAY NOT 'JIO'

about 10 years ago

Oh there was such a huge build up today about the great Mukesh Ambani speech! Speculation was rife that for Mukesh Ambani himself to speak, first time outside the AGM, would surely mean some big announcement. All knew it had to be about Jio but what no one knew but inferred it would be "big" news. Announcement of Reliance's Direct-to-Home service is what most felt Mukesh would be taking center stage for.

EUROPE'S HEARTLAND CHANGE OF HEART

about 10 years ago

Referendum is undoubtedly THE word of the year 2016. Brexit and now Italy, both have thrown the Euro into a complete tizzy, southwards. The Euro hit a 20-month low today and one does not know at this point of time as to where the bottom lay. In a move which shocked the world,

MANN KI BAAT HURTS THE MARKET

about 10 years ago

On Christmas Day, PM addressed the nation on the radio, through his monthly "Mann ki baat" and this has spooked the marketmen completely. The very same traders who praised Modi for his 'bold' demonetization move were today seen criticizing him, questioning his objectives, asking the purpose behind the note ban, with some even wondering if he had gone cuckoo! Only reason for this complete loss of faith - the PM in his speech apparently 'hinted' at Long Term Capital Gains (LTCG) taxes. What he actually said was - tax collection

FIGHT OVER JET FIGHTER?

about 15 years ago

Who would have ever imagined that developed countries would be vying for a slice of the juicy pie which is India? For France's Dassault, the 126 jetfighter, $11 billion deal is being touted as a lifeline and UK, which is miffed because it lost this deal, is now acting like a spoilt child. So what has changed - is it India or is to do with these developed countries?

AUTO STOCKS - LONG DRIVE ON A SCENIC ROUTE?

about 15 years ago

The market is literally booming today and this boom is being driven by the auto sector. Tata Motors is the largest gainer in the sector and on the Sensex too. It hit a 52-week high today at Rs.288. This is followed closely by Mahindra & Mahindra and Maruti. The rest

'MINORITY' CAN SHOW THE 'MAJORITY' WHO IS IN CHARGE!

about 15 years ago

The Children's Investment Fund (TCI) holds 1.1% stake in PSU, Coal India Ltd (CIL). The Govt is the largest shareholder with a 90% stake. Yet, TCI, the second largest shareholder of CIL, a UK based hedge fund has threatened to sue CIL for bowing down to the sarkar, the Govt, when it comes to pricing.

FIVE-YEAR PLANS - MERELY INTELLECTUAL SPECULATIONS

about 14 years ago

For us Indians, the five year plan is like a big joke. When someone does not complete the work and only makes plan, it is very common to hear people quip, "What, are you like India's five-year plans? Only plan and no work!"

INDIAN AVIATION - 'SICKENING' TURBULENCE

about 15 years ago

This must be the season for sickness, afflicting only one section of the population - the pilots. And even in that there exists a subset - pilots of Air India and Kingfisher Airlines. Today, it is the third day where Air India pilots,

NEGATIVE IIP - SPREADS PALL OF GLOOM

about 15 years ago

Negative IIP???? This comes as a complete slap from the dark. We all were bracing for a lower IIP but in the positive. No one had ever expected a negative IIP and that too as low as -3.5%. Yes, we are in a downturn and the recovery is going to be very gradual. The FY12 IIP is now estimated at 2.8% v/s 8.2% on a YoY

POWER STOCKS - SHOWING HIGH WATTAGE

about 15 years ago

Power stocks are lit up - not just electrical utilities but also electrical equipment stocks. The sector was in the green on Friday and today, it is up stronger, up over 2% and of the 17 stocks, 15 stocks

PRANABDA FOR PRESIDENT. SO WHO WILL BE THE NEW FM?

about 15 years ago

The market was nonchalant about the entire thing, a non-event. And the only thing which could cause some worries to the market, actually, two things, - firstly, if this topples the UPA and a bugle is sounded for midterm polls. And secondly, with Pranab Mukherjee expected to step down as Finance Minister

ETHANOL BLENDING - REMAINS A DISTANT DREAM

about 14 years ago

Almost five years ago, it was proposed to make 10% blending of ethanol in petrol as vehicle fuel mandatory. An extremely workable idea but it never really took off like so many other things. And what is the roadblock? Believe it or not, amongst many ministers, even the Planning Commission

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

IS FDI THE ONLY WAY TO "ECONOMIC REFORM"?

about 14 years ago

One thread running common through most big bang reforms is - FDI. And this raises a big question - are today reforms only about FDI and only through FDIs? So are we confusing reforms with foreign investments? Or is it because there simply is nothing else which can be done?

SUBBARAO V/S BERNANKE - THE SAME DIFFERENCE

about 14 years ago

Both are different but there is a line of similarity running between the two. Given below, in a nutshell are the nuances of both the men. We cannot compare apples and oranges but certainly the characteristics of two fruits.

NATIONAL INVESTMENT BOARD - WILL THIS 'NIB' HAVE ENOUGH TO INK?

about 14 years ago

Is this NIB like some brahmastra which will destroy all? Asvatthama, in the Mahabharata had released the missile, which was an evil deed. But like Asvatthama, who did not know the mantra to retract the missile once released, will the NIB require an Arjuna to counteract?

CABINET RESHUFFLE - WHAT HAPPENS TO THE JOKERS IN THE PACK?

about 14 years ago

A cabinet reshuffle? The thought is more for a completely new cabinet, not same old wine in new bottle. When there are no performers at all, how does it matter which minister handles what; wherever the same ministers are shuffled to, they will remain ineffective. Thus the very idea of shunting the same old non-performing

THE ELECTION PROCESS - USA AND CHINA

about 14 years ago

This is a historic world as far as 'world events' are concerned. Two of the largest economies of the world, USA and China are electing their leader. And today we live in a flat world, where every global occurrence makes a difference in our economic equations.

IPO - WILL DEC BREATHE LIFE INTO THIS MARKET?

about 14 years ago

Earlier, minting money in the IPO market, for promoters as well as investors was such an easy task. The dot com boom and then the aqua culture, oil seed companies, textile and NBFCs; these companies made the entire process of making money so easy. But then again

INDIA CAN NEVER BE 'DYNASTY MUKT'

about 13 years ago

Well, they will go nowhere. They might lay low for some time but surely, with virtually all roads, all important structures named with a 'Gandhi' tag, with so many Trusts and power brokers, they will go nowhere. They were smart to have not named a PM candidate as in all likelihood, it was Rahul but

AS IRAQ BURNS, THE HEAT GOES UP

about 13 years ago

Those in India are flummoxed - what happened suddenly? Why should the centuries old conflict between the Shias and Sunnis affect us here in India? So here is a quick run through the story of Iraq today, to help us grasp the ground reality and take decisions accordingly.

START STUDYING FOR “INDEPENDENT DIRECTOR” EXAMS!

about 7 years ago

We look upon this designation as a seat which is filled by respected people from the society, who lend some respectability to the company with their name. The independent director in turn holds this post, most of the times in various companies, mainly like a prestige card.

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.

MARKETS SAYING, “DON’T WORRY, BE HAPPY!”

about 10 years ago

The markets are most certainly in a jubilant mood. NSE and the BSE are at all-time highs. Yesterday, the BSE Sensex closing over 30,000 was a huge thing. The Indian rupee too hit a 20-month high at Rs.63.93, breaching the Rs.64-mark. The reasons are not very far to find.

OPEN LETTER TO MODIJI

about 10 years ago

It has been three years and what a year this was! Congratulations on completing three years and let me tell you at the onset itself that your popularity continues to remain high. Yesterday, the stock market hit a historic new high thus optimism continues to prevail. This third year of yours, actually, you might have lost a lot of fans due to the demonetization; I am not talking about the big time cash hoarders – they all would have managed to “convert” much ahead of us mere mortals.

IPO MARKET – BUZZING WITH ACTIVITY

about 9 years ago

The stock markets or the “secondary markets” might be lackluster and listless at the moment, waiting for GST and new triggers but the “primary market” or the IPO market has no such compulsions. If Dalal Street is quiet, the IPO markets are buzzing with activity, almost a frenzy not seen in some years now. Today’s market mover and shaker was undoubtedly Tata Motors and all because its JLR unit is planning on a listing, maybe in London and New York.

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.

RATE CUT IS NOT A MIRACLE PILL FOR GROWTH!

about 9 years ago

In a pre-emptive move today, SBI, a day ahead of RBI’s interest rate decision, announced a slash of its interest rate on deposits, even on rates offered on savings account balances; this has happened for the first time since rate was deregulated in 2011.Effective immediately, SBI announced that accounts with a balance of less than Rs.1 crore will now earn 3.5% on their savings account balances compared to 4% earlier.

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

PATEL AND POWELL – IT’S ALL ABOUT HOLDING ONE’S STEED

about 9 years ago

Let’s face the truth – we appoint a new RBI Governor, apart from us Indians, that too a small section, no one really cares. But a new Federal Reserve chief is announced; the whole world will sit up and take notice. He/she is undoubtedly the most powerful economic public figure on earth and the appointment of this chief can move the markets while the “tone” of his/her language is analysed and dissected to the bare bones by economists.

PARADISE PAPER LEAKS – NOT EVEN A FLY WILL GET SWATTED IN THE RICH’S GARDEN OF EDEN

about 9 years ago

The Paradise Paper leaks, the second largest leak in the world after the Panama Papers, has created quite a lot of hell, especially for the elite and super rich, living in the Garden of Eden. This has created a flutter on the international media; for once, Trump is not the leading story!

RBI DOES THE RIGHT THING – MAINTAINS STATUS QUO

about 9 years ago

It was largely as expected – RBI kept all rates unchanged. The media called it a non-event, started talking immediately about rate cuts at the next policy scheduled for 7th Feb,2018 and moved on. For the market, this event is over and it needs the next fix and then the next….