Buy infra, fertilizers if poll outcome +ve: R Balakrishnan
Investment Analyst R Balakrishnan said in case of a positive outcome, the sectors that may rally typically are infrastructure, fertilizers, and housing stocks.
Spectrum trading may start soon
There would be no transfer charge in case the initial spectrum allotted to the telcom firm has been through the auction process
GSM users base up by 89 lakh in April
According to data released by the Cellular Operators’ Association of India, the total GSM subscribers base is at 29.77 crore
Nifty May futures at 7 pt premium
The series shed 15.7 lakh shares in open interest. Unitech added 34.9 lakh shares in open interest
SBI cuts deposit rates by 0.5%
Deposits for tenure between 15 and 45 days will get 3.25% as against the current rate of 3.75%
LS polls conclude; counting on May 16
Candidates in the fray today included P Chidambaram, Mamata Banerjee, Dayanidhi Maran and Varun Gandhi
Sensex ends down over 150pts
BSE Metal index was down over 2%; breadth was bearish - out of over 25,70 scrips traded, over 1,350 declined
Sensex ends down over 150pts
BSE Metal index was down over 2%; breadth was bearish - out of over 25,70 scrips traded, over 1,350 declined
IDFC SSKI sees 12750 as fair Sensex value
Pathik Gandotra, MD and HeadResearch, IDFC SSKI, said the markets are likely to remain in a higher trading range in the nearterm. He feels 12,750 is fair value on the Sensex.
Implied volatility may shoot upto 6062%: Edelweiss
With market expectation of more upside, we have seen some call buying apart from hedging. Ahead of election results, IVs may shoot up to 6062% from 5455%, said Tushar Mahajan.