WEEKLY NEWS DLF to sell 4.7% stake via IPP route to satisfy
Sebi norm Realty major DLF is looking to sell nearly 8.1 crore shares or 4.7 percent stake via institutional placement programme (IPP) route to meet Sebi's June 2013 deadline of minimum 25 percent float. DLF promoters currently hold about 78.58 percent stake in the listed entity. The promoters will not be selling any of their shares. It will be a fresh equity sale via IPP route. If you go by the current market price, it sums up to an issue of nearly Rs 2,000 crore. Tata Motors global Nov wholesales at 1.02 lakh
WEEKLY EQUITY NEWSLETTER 17TH DECEMBER 2012
units Tata Motors
group global wholesales in November
declined 5 percent year-on-year to 1,02,337 units, amid sluggish demand for passenger cars and medium and heavy trucks, especially in India.The company sold 49,248 commercial vehicles last month, including that at Tata, Tata-Daewoo and Tata Hispano Carrocera, a little
MARKET UPDATE:Nifty down by 65 pts and settle at 5851.50
lower than 49,724 units sold a year ago. Its passenger vehicle sales were down 9 percent to 53,089 units.
Kingfisher, Air India owe us Rs 648 cr: GMR GMR Infra
which runs Delhi and Hyderabad airports,
has said Kingfisher Airlines
Bank Nifty down by 111 pts at 12269.15
(KFA) and Air India (AI)
collectively owe it Rs 648 crore toward parking and landing charges, reports CNBC-TV18 quoting NewsWire 18.Earlier, GMR group had said that the mounting unpaid dues of carriers are affecting operations at both Delhi and Hyderabad airports.
MARKET ANALYSIS KEY
BENCHMARK INDICES LOGGED SMALL DECLINES IN THE WEEK ENDED FRIDAY, 14 DECEMBER 2012 ON WORRIES OF US FISCAL CLIFF. THE MARKET ADVANCED ON LAST TRADING SESSION OF THE WEEK AFTER LATEST DATA SHOWED INFLATION BASED ON THE WHOLESALE PRICE INDEX (WPI) EASED IN NOVEMBER 2012, WITH CORE INFLATION REACHING 2-1/2-YEAR LOW. THE SENSEX DECLINED IN FOUR OUT OF FIVE TRADING SESSIONS IN THE WEEK JUST GONE BY. THE BSE SENSEX SHED 106.85 POINTS OR 0.55% TO 19,317.25 IN THE WEEK ENDED F RIDAY, 14 DECEMBER 2012. THE 50-UNIT S&P CNX NIFTY DECLINED 27.80 POINTS OR 0.47% TO 5,879.60 IN THE WEEK. FROM THE 30-SHARE SENSEX PACK, 18 STOCKS FELL AND REST OF THEM GAINED IN THE WEEK ENDED FRIDAY, 14 D ECEMBER 2012. INDIA'S LARGEST POWER EQUIPMENT MAKER BY CAPACITY BHEL LOST 7.41% TO RS 224.90. INDIA'S SECOND LARGEST PRIVATE SECTOR BANK BY NET PROFIT HDFC B ANK FELL 0.4% TO RS 688.60. INDIA'S LARGEST DEDICATED HOUSING FINANCE FIRM BY REVENUE HDFC ROSE 1.83% TO RS 852.35. THE STOCK HIT RECORD HIGH OF RS 882 ON TUESDAY, 11 DECEMBER 2012. METAL STOCKS WERE MOSTLY HIGHER AS A PRELIMINARY VERSION OF HSBC'S CHINA MANUFACTURING PURCHASING M ANAGERS' INDEX HIT A 14-MONTH HIGH IN DECEMBER 2012. B AJAJ AUTO SURGED 7.25% TO RS 2,080.25. SUN PHARMACEUTICAL INDUSTRIES GAINED 2.44% TO RS 716.60.
EXPERT OPINION NIFTY WEEKLY PIVOTS
Nifty looks Consolidate
Bank Nifty looks Consolidate
Strategy: Sell on rise
Strategy: Sell on rise
NIFTY WEELY PIVOTS PIVOTS
NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART
ďƒ˜ GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS
Bajaj Auto Bank Of Baroda Jindal Steel Tata Motors
WEEKLY NIFTY LOOSERS
NTPC JP Associate Grasim Industries
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