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In what could blow up into a major stock market scam, a couple from Mumbai, has allegedly raised close to Rs 100 crore from investors and indulged in circular trading to the tune of close to Rs 10,000 crore over the past year. The couple are now absconding and the role of brokerages is under the […]

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Rahul Mohindar of viratechindia.com is of the view that DLF can see Rs 460-470 level.Mohindar told CNBC-TV18, “On the real estate side too we have been bearish on it, we have been putting outsells on it for some time now. DLF if we look at it particularly, we might see some support around Rs 500 […]

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Rahul Mohindar of viratechindia.com said the markets, at higher levels, are constantly seeing a rapid sell-off. “The kind of fall that we saw in the last one-hour was quite sudden and savage. The resistances are really holding tight in this market. The sentiment still is largely negative. I would say the charts still point to […]

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Amitabh Chakraborty from Religare Securities sees more weakness in the market going forward. According to him, value lies in the midcap sector. For the real estate sector, Chakraborty said, “As it is expected that interest rates will go up and the CRR hike also would probably happen, in that environment real estate cannot do well.” […]

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The markets got off to a volatile start, seesawing wildly. However, selling pressure in late trade dented sentiment further and sent the indices tumbling into the red. The Nifty closed at 4,628 down 49 points, while the Sensex shut shop at 15,572 down 198 points.

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The markets have bounced back in the opening trade and recovered yesterdays losses to some extent on the back of buying in capital goods, banking, telecom and power stocks. Market breadth is positive. Midcap and small cap stocks also got strong. The Indian Rupee was trading at 42.86 per dollar. On the global front, Asian […]

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The markets have rebounded and started trading higher with the support from banking, capital goods, power, realty, oil & gas and metal stocks. Midcap and small cap stocks are still in green. On the global front, European markets were trading strong. Asian markets ended mixed.At 12:46 pm, the Sensex was up 62 points at 17,415 and the Nifty up 30 points […]

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Markets have recovered from its day’s low but trading choppy. It shows good bounce backon the back of IT stocks surge, as rupee depreciate against dollar. Currently rupee trading at Rs 42.02 per dollar. he BSE IT index has outperformed the other sectoral indices; it was up nearly 2% at 4,307.17. On the global front, […]

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Ranbaxy Laboratories and Merck have decided to sign a broadbased collaborative research agreement, reports CNBC-TV18, quoting sources. The agreement is for a new drug discovery.
Sources say the deal has a staggered payment clause for research. Merck will pass on leads to be jointly developed by Ranbaxy. Ranbaxy is expected to gain significant revenues from […]

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KN Vaidyanathan, CEO of Alchemy Capital Management feels that the market would struggle to find a bottom over the next year and the volatility in the market not over yet. He said that the market needs time to factor in the high  crude oil prices. FII flows are still slow and the long-term investors could […]

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