6 votes
Falguni Nayar, MD, Kotak Investment Bank, said, most PSU companies performed well after their IPO. "Investors are keen to invest in PSU companies." Commenting on the NHPC IPO, she said, the demand for the IPO was coming in at the Rs 36 level. However, she added, the IPO price would be decided on the basis of demand.
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6 votes
Technical Analyst Sudarshan Sukhanis top two picks for todays trade are Sun Pharma and Titan . He has a sell call on Infosys, Rolta, and Jet Airways.
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3 votes
According to Devesh Kumar, Centrum Finance, the market had run up very fast and a correction was expected. Large primary market issues will drain liquidity and I expect the market to consolidate at current levels. Nifty's nearterm upside looks capped at 4700 levels.
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6 votes
The uptrend remains intact as the economic environment is improving but we may see 510% correction in US and Asian markets. I like Indian consumer discretionary, cyclical and material stocks.
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7 votes
Vibhav Kapoor of ILFS said that the global markets were likely to see a correction in the next 23 weeks. He added the markets had been rallying so far due to sufficient liquidity pumped in by central banks around the world. There are signs of the global economy recovering, he said.
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4 votes
8 votes
5 votes
NHPC's initial public offering (IPO) witnessed huge investor interest and was subscribed fully within the first few minutes of its opening, reports CNBCTV18. Dharmesh Mehta, HeadEquities, Enam Securities, attributes this strong investor interest to NHPC being one of the national jewels.
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7 votes
2 votes
R Venkatraman, Executive Director, India Infoline, said the market was taking a breather. Let us see how the events pan out especially how the monsoon rules out in the days to come before we can get a directional view on the markets, he said.
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3 votes
Mumbai, Aug. 6 Merrill Lynch Capital Markets Espana sold 22.28 lakh shares of Indiabulls Real Estate on Thursday through the bulk deal route on the NSE. The shares were sold at Rs 238.72 a share, bringing the total to Rs 53.18 crore.
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7 votes
Mumbai, Aug. 6 The shares of Great Offhore were again in the limelight on Thursday.
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8 votes
Kolkata, Aug. 6 The Securities & Exchange Commission (SEC) of Bangladesh has approved raising the extent of public offering from 5 per cent to 10 per cent of the total paid-up capital of Marico’s wholly owned subsidiary, Marico
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6 votes
Chennai, Aug. 6 On the NSE today, Hindustan Oil Exploration Company (HOEC) reached its year-high of Rs 196.05, which was Rs 32.70 more than the previous close of Rs 163.35.
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7 votes
Mumbai, Aug. 6 The issue of public listing of shares of Bombay Stock Exchange may be raised by shareholders at the Exchange’s AGM scheduled for
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