Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
Month: August 2010
Old Fox has dream run on Dalal Street
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
Cairn India hits record high on BSE amid stake sale talks
The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake
In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
SBI shares on gaining spree; hit record high
In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
Traders bet on calendar spread as Nifty moves in a tight range
A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
Seven out of top 10 Asian small-cap funds are Indian
An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
Nifty may find support at 5300 level
As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
‘Don’t bank only on price-to-earning ratio’
Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
