To issue 1 new equity bonus share for every 2 existing shares
ONGC has appointed SBI Caps and the Citi Group as its merchant bankers for the deal
Flush with cash, fund managers continue with their 'buy on dips' mantra
Benchmark Nifty has posted declines of over 1% only on six occasions this year
Nifty, Bank Nifty, Adani Ports, ONGC, ACC
Besides, they need to provide data about share capital
Regulator could throw more light on the reasons behind these recent U-turns
The company's Rs 400-cr offering had seen 180 times more demand than shares on offer
With return of domestic growth and higher FDA approvals; easing of US regulatory concerns a big positive
he debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased
Benchmark Nifty has posted declines of over 1% only on six occasions this year
Bombay Dyeing, HEG, HFCL, Goa Carbon and Autolite (India) among 13 stocks have locked in lower circuit after surging over 50% in past one month.
Catch all that happened in the market here
The board approved share buyback at a price of Rs 670 per share, against Friday's close of Rs 683 on BSE.
The stock slipped 12% to Rs 205 on BSE in intra-day deal, trading close to its 52-week low of Rs 191.
The stock hit a record high of Rs 438, up 8% on BSE in other wise weak market in intra-day trade
Capacit'e Infra has made a strong debut in weak market by listing at Rs 399, a 60% premium against its IPO price of Rs 250 per share on the NSE and BSE.
The stock surged 20% to Rs 500, also its 52-week high on BSE in intra-day trade, after the board approved issue of 4.4 million equity shares to e-tail giant Amazon.com at price of Rs 407.78 per share
Trader should book profit at current levels & use any kind of rise to exit or sell for trading perspectives for short term
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher