MUMBAI: The financial services unit of Larsen & Toubro Ltd is in talks to buy Cholamandalam DBS Finance’s domestic mutual fund operation, two sources familiar with the matter said. “We are working on their behalf,” one source said, referring to L&T Finance, a …

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Buy Allahabad Bank at 93.50, target: 96. Stoploss: 92.30 If markets show weakness later during the day, sell: DLF Short term call: Buy Steel Strips Wheels above 73, target: 85. …

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CALL CLOSED (LONG TERM INVESTORS – HOLD IT) Buy SE Investments. Current market price: 41.6(after split). Long term target: 82.3. Book value: 44.5. P/E ratio: 4.08. The philosophy of the Company is deeply rooted in the Indian tradition of ‘business with a social conscience’ and …

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It’s almost becoming a trend. Ashwini Sharma, a management graduate working with a broking firm, booked profit as he expects the markets to fall. His friend Gunjan Khare also booked profit partially. The reason for selling their stake was the same. They are afraid about the fast re…

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Use them to understand a Doji formation.In one of the earlier columns, we had taken a cursory look at the Candlestick charts. In this column we will throw some more light on the subject. As told earlier, Candlestick charts were first used by the Japanese to trade rice in the seventeenth…

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Ups stake to 60% in Australia’s Bowen Energy, which has large prospecting licence for thermal and coking coalBhushan Steel (Australia), part of Delhi-based cold roller, Bhushan Steel group, has acquired a 60 per cent stake in Australian exploration company, Bowen Energy. Bowen Energy ha…

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CHENNAI: Trading volumes in corporate bonds has picked up pace. Across BSE, NSE and Fixed Income Money Market and Derivatives Association (FIMMDA), nearly Rs 1.28 lakh crore of corporate bonds were traded in the first five months (April-August 27) of the new fiscal, more than 3 times of …

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NEW DELHI: Uttam Galva Steels on Friday said ArcelorMittal Netherlands, a unit of leading steelmaker ArcelorMittal, has taken a stake in it and L N Mittal Globe’s biggest M&A dealmakers Factors for successful M&As Formula for successful biz India Inc on crossroads b…

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BUY WELGUJ CMP 235, TARGET: 247, SL 224 Target achieved, Touched 255 levels after recommendation Call given by Kartik …

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Buy Ranbaxy at 315, target: 325. Stoploss: 311 If Nifty breaks 4580 later during the day, sell: HDIL below 290 I wont be online today since I am going out of town. Kartik shall post calls during market hours. …

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