Hello all, We started this service on 21-04-14. Since many are asking for past performance under this service, currently we can only provide updates for calls given in the last week. 21-04-14 thru 25-04-14. Shall update this list further after a month. Below are the calls given last wee…
Continue reading...Financial Technologies, MCX dip as promoter arrested in NSEL scam
Financial Technologies is locked in the lower circuit of 5% at Rs 276, while MCX is down 4% at Rs 515 on the NSE. Financial Technologies (India) and Multi Commodity Exchange of India (MCX) are trading lower by up to 5% each after Jignesh Shah, the promoter of these companies, was arreste…
Continue reading...FIIs’ stake in BSE-500 firms at new high
These companies account for nearly 93% of the total market capitalisation on the exchange Foreign institutional investors’ average holding in BSE-500 companies hit a new high at the end of the March quarter. According to the shareholding pattern filed by 489 companies from the BSE-50…
Continue reading...Private wealth managers divided on election play
As day of poll result nears, rise in market volatility making things more difficult The country’s private wealth managers seem to be facing a dichotomy: Should they, or should they not, take the plunge into equities before the Lok Sabha election results on May 16. The equity markets h…
Continue reading...Markets to remain closed on Thursday (01-05-14)
Markets to remain closed on Thursday (01-05-14) on account of May Day. …
Continue reading...Rich investors borrowed Rs 4,000 cr to bet on Wonderla public offer
Break-even only if IPO lists at 25%-plus premium At least Rs 4,000 crore worth of leveraged bets by high net worth individuals (HNI) and companies are riding on the Initial Public Offering (IPO) of amusement park operator, Wonderla Holidays. Buoyed by an attractive grey-market premium,…
Continue reading...Markets to remain closed on Thursday (24-04-14)
Markets to remain closed on Thursday (24-04-14) on account of Parlimentary Elections …
Continue reading...Wipro closing in on a large acquisition
Firm evaluating options, could spend over $400 mn to buy a medium or large company Wipro Technologies, whose financial performance has largely stabilised lately, is understood to be closing in on a mid- to large-sized acquisition that could be valued more that $400 million (around Rs 2,4…
Continue reading...Markets to remain closed on Monday (14-04-14)
Markets to remain closed on Monday (14-04-14) on account of Dr. Babasaheb Ambedkar Jayanti …
Continue reading...Mock trading session on Saturday, April 12, 2014
The Exchange will be conducting a mock trading session in the Capital Market Segment on Saturday, April 12, 2014 as per the following schedule: Pre-Open* 10.00am – 10.08am Normal market – 10.15am – 12.00pm Closing session – 12.10pm – 12.15pm …
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