DSIJ Mindshare

Index trend and stocks in action December 22, 2017

During the previous trading session, Nifty started on a positive note and slipped into minor decline in the initial part of the session. Thereafter, the index oscillated in a narrow range for most part of the trading session and closed with a modest loss. The price action resulted in formation of a negative candle, which contains a lower high and lower low. Going ahead, as long as the index stays above the recent breakout area of 10,400-10,410, one should resort to buying on dips strategy. On the upside, there is hurdle around the levels of 10,490-10,495, and a sustainable breakout above this resistance would trigger some momentum in the index which could take the index up to the levels of 10,550 and 10,600.  

Karnataka Bank:  Karnataka Bank opens its 777th Branch at Dharwad, Vidyagiri. 

Reliance Infra: Company has signed a binding share purchase agreement with Adani Transmission for 100% sale of its integrated Mumbai Power Business, subject to regulatory and other customary approvals.  

HIL: Company has commenced the commercial production of its new product 'Charminar Fortune' at its plant located at Kondapalli, Andhra Pradesh. 

Aarti Industries: To buy back about 8.2 lakh shares at Rs 1,200 each.  

HDFC: To sell 100% stake in its wholly owned subsidiary companies HDFC Developers and HDFC Realty to Quikr India.   

SRS: Company has signed MOU with Spencer Retail to sell the SRS Value Bazar business at an enterprise value of Rs. 320 million.  

DSIJ MINDSHARE

Mkt Commentary28-Mar, 2024

Mindshare29-Mar, 2024

Multibaggers28-Mar, 2024

Interviews28-Mar, 2024

Multibaggers28-Mar, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR