Recent Event Highlights: IFCI support at Rs 65: Deshmukh, Which stocks/sectors are experts calling today? 2, Which stocks/sectors are experts calling today? 4, Tata Motors adds nearly 23 lakh shares in open interest, Stock picks for July 2, Stock picks for July 1, and 20 more...
Created by dipity on Sep 9, 2009
Last updated: 11/03/10 at 09:43 PM
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IFCI is best likely to test levels of around Rs 82-83 and not beyond that. On the down side, the support lies firstly at Rs 65 and beyond that Rs 58-57, says Akshata Deshmukh of Networth Stock Broking.
Excerpt
I bought one lot of Bharti Airtel put option (320 strike price) of October series at a premium of Rs 1.8. What strategy should I adopt? - Samuel, Trivandrum
Bharti Airtel (Rs 356): After the recent surge, the
stock turned weak
last week. It now
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2010/10/11/stories/2010101151320400.htm
In a chat with CNBC-TV18's Vivek Law and Sonia Shenoy, Ambreesh Baliga, Karvy Stock Broking gives his fundamental view and Akshata Deshmukh of Networth Stock Broking gives her technical view on various stocks.
In a chat with CNBC-TV18's Vivek Law and Sonia Shenoy, Ambreesh Baliga, Karvy Stock Broking gives his fundamental view and Akshata Deshmukh of Networth Stock Broking gives her technical view on various stocks.
In a chat with CNBC-TV18's Vivek Law and Sonia Shenoy, Ambreesh Baliga, Karvy Stock Broking gives his fundamental view and Akshata Deshmukh of Networth Stock Broking gives her technical view on various stocks.
In a chat with CNBC-TV18's Vivek Law and Sonia Shenoy, Ambreesh Baliga, Karvy Stock Broking gives his fundamental view and Akshata Deshmukh of Networth Stock Broking gives her technical view on various stocks.
In a chat with CNBC-TV18's Vivek Law and Sonia Shenoy, Ambreesh Baliga, Karvy Stock Broking gives his fundamental view and Akshata Deshmukh of Networth Stock Broking gives her technical view on various stocks.
Tata Motors ended up nearly 4.5% and saw a build-up of nearly 23 lakh shares in open interest. IFCI saw a cut of nearly 17.5 lakh shares and the stock was up by nearly 3%.
Stocks to watch: Fortis Healthcare, Resurgere Mines, Aban Offshore, L&T, Indraprastha Gas, IFCI, IDFC, Wipro, ICICI Bank and RIL.
Stocks to watch: Aban Offshore, Indra Gas, ING Vysya Bank, L&T, RIL, IFCI, Bharti Airtel and Wipro.
Reliance Industries moved up nearly 5% today and shed nearly 5.5 lakh shares in open interest. IFCI was up nearly 4.5% and added nearly 25 lakh shares in open interest.
IFCI ended up nearly 2.5% and added nearly 40 lakh shares in the open interest. Mercator Lines was up nearly 5% with an addition of nearly 22.5 lakh shares in the open interest. Tata Motors ended down nearly 3% with an open interest build-up of nearly 16.5 lakh shares.
It was a good day for the markets reports CNBC-TV18s Varinder Bansal. IFCI was up nearly 7.5% and after a long time we have seen an addition of over one crore shares happening in this stock nearly 1.15 crore shares got added in this, which is really good for this stock.
Sudarshan Sukhani says traders can buy Bharat Forge, Balrampur Chini, Cipla, National Aluminum and State Bank of India. PART2
Sudarshan Sukhani says traders can buy Bharat Forge, Balrampur Chini, Cipla, National Aluminum and State Bank of India. PART1
RIL adds 8 lakh shares in open interestMoneycontrol.comSo, some positive trend is happening on that stock over there. IFCI was also in news today for some government moves to rope in a strategic partner. ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.moneycontrol.com%2Findia%2Fnews%2Ffo-cues%2Fril-adds-8-lakh-sharesopen-interest%2F414856&usg=AFQjCNGW-R3WiJKtFg2Un6GA_jvGVbmqKg
RediffVolatile Sensex ends up 60ptsBusiness StandardThe combined volume chart was topped by IFCI with trades of over 123 million shares, followed by Unitech (64.86 million), NHPC (50.05 million), ...Sensex extends gain; telecom, tech, banks, cap goods upMoneycontrol.comall 26 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fvolatile-sensex-ends60pts%2F73014%2Fon&usg=AFQjCNErvYeJQkHuoXlmmcyIuExMuVHTiw
India Hot Stocks: IFCI rises on govt proposal to seek investorReuters IndiaThe 50-share National Stock Exchange Index .NSEI was up 0.10 percent at 4810.05 points. * IFCI Ltd (IFCI.BO: Quote, Profile, Research) rose as much as 6.07 ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fin.reuters.com%2Farticle%2FdomesticNews%2FidINBOM16665920090909&usg=AFQjCNH3CS9H17B2BHATPzvayy1Zy2Rayw
Indian ExpressSensex struggles due to lack of support; PSU oil stocks decline ...SifyIFCI has gained significant ground on strong volumes today. The stock, which rose to Rs 61.15 earlier in the day, is up 2.8% at Rs 59.25 at present. ...Markets end at 15-month highBusiness StandardSensex ends up 107 points; metal stocks leadRediffStock recommendation on Sep 7Sifyall 322 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fsify.com%2Ffinance%2Ffullstory.php%3Fa%3DjjjnvLbcefj%26title%3DSensex_struggles_due_to_lack_of_support%253BPSU_oil_stocks_decline_%2540_13%253A10_hrs&usg=AFQjCNHJBUs-BzXJDCY6z0K1h9pGNR1j2A
Govt asks IFCI to rope in strategic investor for revivalLivemint“IFCI has not been lending for the last 10 years and so there is less pressure on capital,” he said. The IFCI stock lost 2.54% on the Bombay Stock Exchange ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.livemint.com%2F2009%2F09%2F08211215%2FGovt-asks-IFCI-to-rope-in-stra.html%3Fh%3DB&usg=AFQjCNFm9kIcpd6aOvK37F0wZ2wLGfhtxg
IFCI plans Rs 1000-cr bond issueBusiness StandardIFCI plans to raise around Rs 1000 crore from the market through a bond issue. After a gap of three years, the company is in the process of being rated ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.business-standard.com%2Fcommon%2Fnews_article.php%3Ftab%3Dr%26autono%3D369380%26subLeft%3D1%26leftnm%3D2&usg=AFQjCNF_08pFO84VnBSpPaTIPY2B3Tdcwg
IFCI has target of Rs 66-72: GujralMoneycontrol.comHe further added, “IDBI Bank has support at around Rs 99, kind of broke out but this stock generally doesn't go too far further than Rs 109 or Rs 118, ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.moneycontrol.com%2Findia%2Fnews%2Fstocks-views%2Fifci-has-targetrs-66-72-gujral%2F414385&usg=AFQjCNG_MCj-UwVAk437UEK2WwnPkv4Chw
Stock futures add 5.7 cr shares in Open InterestMoneycontrol.comStock futures added 5.7 crore shares in Open Interest (OI). Fresh long positions were seen in IFCI, Unitech, IDBI Bank, Praj Industries and Orchid Chemicals ...
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.moneycontrol.com%2Findia%2Fnews%2Ffo-cues%2Fstock-futures-add-57-cr-sharesopen-interest%2F414363&usg=AFQjCNFqipGfZbilG4J3o25grmuECDwaVg
Sensex lifeline: high beeps and pratfallsLivemintShares of IFCI Ltd rose 11.29% due to a huge build-up in futures and options segment. IFCI stock future added 1.8 crore shares or 25% in open interest. ...Nomura Buys 1.5 Percent Stake in Radico Khaitan; Stock GainsBloombergall 2 news articles »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.livemint.com%2F2009%2F09%2F05002631%2FSensex-lifeline-high-beeps-an.html%3Fh%3DB&usg=AFQjCNFOGIyeql_w1IXEG1HPsA4_-rtYew
Short term IFCI target seen at Rs 62Economic TimesMUMBAI: Nirmal Bang has advised traders to buy and hold IFCI. It expects the stock to touch Rs 62 in the short term. “IFCI is currently consolidating in the ...and more »
http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Feconomictimes.indiatimes.com%2FStocks%2FShort-term-IFCI-target-seen-at-Rs-62%2Farticleshow%2F4967242.cms&usg=AFQjCNF2UUHtJhrq8424UxDoNnQP0LKnng
Excerpt
...has made Rs 97.9 crore from these stake sales. The Tata Motors DVR stock closed up 4.8 per cent at Rs 368.95 on the BSE. “IFCI purchased these shares at a lower price; this is quite a decent exit proposition. They have made fair bit of profit from this sale,”...
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2009/09/01/stories/2009090151701000.htm
Financial Technologies India (FT) has sold 5% stake in MCX Stock Exchange (MCX-SX) at Rs 35 a share to IFCI for Rs 250 crore.
Excerpt
...to raise Rs 700-1,000 crore in the second or third quarter of 2009-10," he said. The resources would not be raised through the stock market but through private placement, he added. The fund raised would be utilised for business expansion, he said, adding the...
Source Info
Zee News
http://www.zeenews.com/articles.asp?aid=546478&sid=BUS&ssid=52
Excerpt
...Morgan Stanley, had emerged as the front-runner by quoting the highest price. IFCI shares were down 5.1% at Rs 45.60 on the National Stock Exchange. In 2004 also, there was effort to merge IFCI with PNB which ultimately failed. For the first quarter ended...
Source Info
Expressindia.com
Related Topics
http://www.financialexpress.com/news/IFCI-seeks-clarity-on-govt-debt-before-stake-sale/360742/
Excerpt
...on what is in it for investors,” said an analyst. Last time, IFCI had the advantage of calling for bids amid the boom in the stock market. While it had received ten bids, most bidders pulled out of race mid-way due to lack of clarity. Market observers...
Source Info
Times of India
Related Topics
http://economictimes.indiatimes.com/News/Management_issue_may_upset_IFCI__sale_again/rssarticleshow/3091491.cms
Excerpt
...time the IFCI share hit a 52-week high to Rs 121.70 per share. On Thursday, in a cryptic message to the premier stock exchanges, IFCI informed of a meeting of its board of directors, to consider the issues relating to the induction of strategic investor and...
Source Info
Sify
Related Topics
http://sify.com/finance/fullstory.php?id=14684185
Excerpt
...media reports that large foreign investors were interested in IFCI, or that IFCI had got a positive net worth, helped its stock price soar from a level as low as Rs 12. Has anyone noticed all this? Is it not worth an investigation?” asked another investment...
Source Info
Economic Times
http://economictimes.indiatimes.com/News/News_By_Industry/Banking_Finance_/Finance/I-bankers_had_a_deja_vu_about_IFCI_deal/rssarticleshow/2651311.cms
Excerpt
...that government was open to supporting IFCI in future. The process that was kicked off earlier this year helped boost IFCI’s stock price from Rs 12 in January to Rs 121 earlier this week. The sale was fraught with uncertainties till the last minute...
Source Info
Economic Times
http://economictimes.indiatimes.com/News/News_By_Industry/Banking_Finance_/Finance/IFCI_sale_falls_through_on_management_control/rssarticleshow/2635810.cms
Excerpt
...bank at this stage, since no such proposal has been discussed,” Mr Rai said. This may calm investors punting on the IFCI stock which lost nearly 8% due to the perceived ambiguity in the sale process. The IFCI scrip plummeted to Rs 96 during the day...
Source Info
Economic Times
http://economictimes.indiatimes.com/News/News_By_Industry/Banking_Finance_/Finance/Pricing_wrinkles_remain_in_IFCI_stake_sale/rssarticleshow/2632505.cms
Excerpt
...that Blackstone, the world’s biggest private equity player, has backed out of the race for IFCI. One of the reasons was that the IFCI stock had run up in the recent past. Also earlier this month, IFCI gave an option to nearly 30 banks and financial...
Source Info
Economic Times
http://economictimes.indiatimes.com/News/News_By_Industry/Banking_Finance_/Finance/Blackstone_may_back_out_of_race_for_IFCIs_26/rssarticleshow/2493877.cms
Excerpt
NEW
DELHI: The atmosphere was tense outside the IFCI pre-bid conference at a hotel
in New Delhi. Bidders looked worried as they stepped out for a smoke. Naturally
so. With the share price of IFCI zooming to unbelievable levels, bidders are
already
Source Info
Economic Times
http://economictimes.indiatimes.com/Markets/News__Views/Stocks_News/Rising_IFCI_stock_price_worry_bidders_management/rssarticleshow/2427027.cms
Excerpt
...National Stock Exchange today said that the derivative contracts in IFCI have crossed the 95 per cent of the market-wide position limit today. The exchange has informed that all clients should trade in derivative contracts of IFCI by offsetting their existing...
Source Info
Hindu Business Line
http://www.thehindubusinessline.com/2006/11/14/stories/2006111403021400.htm
Excerpt
...been fleeing riskier asset classes that had roared ahead, such as emerging markets, commodities, and small-cap stocks. The S&P;/IFCI Composite index, which tracks emerging markets, tumbled 9.4% for the month through May 30. The Reuters-Jefferies CRB Futures...
Source Info
BusinessWeek
http://www.businessweek.com/investor/content/jun2006/pi20060601_496573.htm?campaign_id=rss_topStories
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