Rajat Bose of rajat.bose.com would be keenly watching 8000 level on the Nifty and in case it sustains above 8060 then recommends going long in the market.
Posts tagged MC
Go long if Nifty sustains above 8060; sell BHEL, Axis: Bose (28-08-2015)
Check out: Super Six stocks for August 28 (28-08-2015)
Kunal Bothra of LKP Securities advises buying Mahindra Mahindra Financial Services with a target of Rs 295.
More technicals than fundamentals to Monday crash: Pros (28-08-2015)
With volatility appearing to ebb a bit following the Black Monday that hit global markets this week, leading market experts are now saying a major part of it was driven more by technicals than fundamentals.
Expect market to open on positive note: Angel Broking (28-08-2015)
According to Angel Broking, markets are expected to open a positive note tracing SGX Nifty and global markets.
See gap up opening led by strong global cues: ICICIdirect (28-08-2015)
Nifty is likely to open gap up on the back of strong global cues. It is likely to trade in the range of 7930-8190, says a report by ICICIdirect.
Lyka’s animal biz acquisition won’t add to debt: Sequent (28-08-2015)
Manish Gupta, CEO, Sequent Scientifc said the acquisition will not put any debt burden on the books.
Devaluation of Chinese currency may hurt domestic ind: DIPP (28-08-2015)
A monthly newsletter of the DIPP said that loss in currency competitiveness against Yuan will hurt already ailing exports from India to China by making them costlier.
Government approves bids for 1k tonnes of onion import (28-08-2015)
The government, under pressure to check retail onion prices that have shot up to Rs 80 per kg across the country, on Friday approved bids for import of 1,000 tonnes of onion at Rs 45 per kg and has decided to buy more from overseas markets to boost domestic supply.
Stocks in news: Infosys, Dr Reddy’s, Tube Invest, Rel Infra (28-08-2015)
Infosys | Dr Reddy’s Labs | Cipla | Bharti Airtel | TTK Prestige | DLF | MMTC | Tube Investments | Sequent Scientific | Gammon Infra and Reliance Infrastructure are stocks, which are in the news today.
Rajan comes down heavily on defaulting corporate borrowers (28-08-2015)
The Governor said regulatory forbearance, where RBI makes it easy for banks to extend and pretend a loan that is not stressed, is not a solution.