Showing posts with label Secure Commodity Tips. Show all posts
INDIAN BENCHMARKS slip on profit taking… Nifty holds 8,150
By : Simran Shah
INDIAN EQUITY BENCHMARKS
ended lower, amid weak European cues, as investors turned cautious and
booked profits at higher levels after hit fresh record highs in the
previous session.
• Hindalco ended down 0.6% ahead of the SC verdict on the Mahan Coal block allocated to the company eight years ago to feed its aluminium plant in Madhya Pradesh.
• Further, Larsen & Toubro acquired 50% of the stake in L&T-Ramboll Consulting Engineers Ltd (LTR) from its joint venture partner Ramboll Denmark AS.
The crucial resistance for Nifty is now seen at 8180 and above this 8210. Support for the immediate term is now placed at 8125 and next support will be 8105.
NEWS TO WATCH:
• Watch out for the CPI and IIP data on 12TH Sep. 2014.
• Watch out for the Trade balance ,Export and Import data on 12TH Sep. 2014
• Hindalco ended down 0.6% ahead of the SC verdict on the Mahan Coal block allocated to the company eight years ago to feed its aluminium plant in Madhya Pradesh.
• Further, Larsen & Toubro acquired 50% of the stake in L&T-Ramboll Consulting Engineers Ltd (LTR) from its joint venture partner Ramboll Denmark AS.
The crucial resistance for Nifty is now seen at 8180 and above this 8210. Support for the immediate term is now placed at 8125 and next support will be 8105.
NEWS TO WATCH:
• Watch out for the CPI and IIP data on 12TH Sep. 2014.
• Watch out for the Trade balance ,Export and Import data on 12TH Sep. 2014
TOP CORPORATE NEWS 21 AUGUST 2014
By : Simran Shah
·
Axis Bank board approves fund
raising via private placement
Shares Axis
Bank rose over 2%, after the bank's board approved raising funds through
private placement.
·
Kotak Mahindra Bank promoter sells
equity shares
Kotak Mahindra Bank has
announced that Kotak Trustee Company Pvt Ltd, a promoter group entity of Kotak
Mahindra Bank Ltd, has on August 21, 2014 sold 16,00,000 shares of the Bank.
·
Dr Reddys under check for
packaging violations
Dr Reddys
Laboratories has come under the eye of Department of Justice of USA for alleged
violations of some provisions of Consumer Product Safety Act. The company has
rejected the Consumer Product Safety Commissions (CPSC) allegations in the
matter.
·
Titan Company surges after Morgan
Stanley upgrades
Shares of
Titan Company rose over 6%, after Morgan Stanley upgrades the watches and
jewellery maker to ' Overweight' from 'Equal-weight'.
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www.capitalstars.com/sevices.php
Best Commodity Trading Tips Provider
MCX Free Trial - Past Performance
Call us On :- 0731-6790000
