RCom is trading near its lifetime low of Rs 4.85. Over the past few sessions, it has been volatile and has been drifting lower. The recent jump of 12 percent to Rs 6.45 lacked sufficient volumes
The stock surged 20 per cent to Rs 224 in intra-day trade , zooming 44 per cent in past two trading days on the BSE, after Reliance Capital has decided to put on the block its stake in the company.
Concerns about world economic growth following weak economic data from both US and Europe are likely to weigh on investor sentiment on Friday.
At 08:20 am, Nifty futures on the Singapore Exchange (SGX) were trading 19 points or 0.18 per cent lower at 10,794.50, indicating a tepid start for the domestic stocks.
The domestic unit ended 11 paise lower at 71.24 on Thursday as rising oil prices and a strengthening greenback weighed on the market sentiment.
Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
Fewer than half of the top 100 Asian funds and about 60 percent of the top 200 emerging-market mutual funds in Goldman's sample have outperformed year to date
US crypto broker-dealer Voyager Digital on Feb 11 achieved a 'backdoor' listing on Toronto's Venture Exchange after it bought control of mineral exploration firm UC Resources
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk
The proposal to divest its entire holding in the mutual fund arm comes at a time when the group is under severe stress due to its huge debt pile and pressure from lenders
Derivative strategy on Bajaj Auto by Nandish Shah, Assistant Vice President, PCG, HDFC Securities.
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
Though capital adequacy and net NPAs will improve, banks will need more capital to expand
Keep a stop at rs 180 and go long. Add to the position between rs 184 and Rs 185
The domestic starch industry has also voiced concerns over sub-optimal corn supply this season, owing to less-than-normal rainfall last year
Market leader JK Paper posted a 72 per cent jump in December quarter profit to Rs 120.26 crore this year, compared to Rs 69.81 crore in the corresponding quarter last year.
MF business a difficult wicket for foreign players
There is to be a coordination council to review or revise stamp duty rates
Lack of significant launch visibility has led analysts to estimate net profit numbers to be little changed next year
Ashok Leyland's volume performance is expected to remain subdued over the next few months