J K Cement was down 2.57% at Rs 167.10 at 14:50 IST on turning ex-dividend for a dividend of Rs 3.50 per share. The BSE Sensex, meanwhile, was up 2.84 points, or 0.02%, to 15018.68. On BSE, 17,679 shares of the scrip were traded. The mid-cap stock had an average daily vol…
Continue reading...Chambal Fertilisers and Chemicals leads gainers in ‘A’ group
Bongaigaon Refinery & Petrochemicals, Housing Development and Infrastructure, Gujarat Industries Power Company, CMC are among the other gainers. Chambal Fertilisers and Chemicals (CFCL) moved up 6.52% to Rs 35.95 and it topped gainers in BSE’s A group shares. CFCL…
Continue reading...Back on the road, LML gets a kickstart
LML was locked at the upper limit of 10% at Rs 12.99 on reports that it has re-entered the domestic market with the launch of a 150-cc scooter. The BSE Sensex, meanwhile, was down 0.77 points, or 0.01%, to 15016.44. On BSE, 1.32 lakh shares of the scrip were traded. The…
Continue reading...Nagarjuna Fertilizers & Chemicals tops volume on BSE
IKF Technologies, IFCI, Reliance Natural Resources and Omnitech InfoSolutions follow. 1.93 crore shares were traded in Nagarjuna Fertilizers & Chemicals counter on BSE today. The scrip topped volumes on BSE. The share price rose 6.47% to Rs 28.80. Net profit of …
Continue reading...‘Subprime’ woes – What should investors do?
Yen Carry Trade, Rupee Appreciation, Crude Oil Price, Inflation, Leveraged Positions, Negative Sentiments, Scams, and Possible Slowdown in Corporate Earnings Growth were some of the favorite fears and reasons when stock markets took a beating. This time i…
Continue reading...Are you booking profits for yourself or for your distributor?
Long term investment in equity is considered a safe way to cut risks and make good returns. But sources indicate the average holding period of equity mutual funds is about 4 to 9 months. Why pay 10% capital gains for the short term (less than one year), when long term gains are tax …
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