Construction and civil engineering PSU NBCC (India) bagged an order worth Rs. 2,000 crore from the government of Assam for the construction of Twin Tower Trade Center at Guwahati.

Singapore Telecommunications Limited (Singtel), a Singapore based telecom operator will be investing Rs. 2,649 crore in Bharti Telecom thus increasing its stake in the company to 48.9 per cent.

Overall volumes in futures & options currently stand at 82.10 lakh contracts with a turnover of Rs. 7,24,402.25 crore.

Overall volumes in futures & options currently stand at 82.10 lakh contracts with a turnover of Rs. 7,24,402.25 crore.

The RSI has dropped sharply lower and, at present, it is placed around 48 level. In the last couple of instances, we have witnessed a drop of up to the levels of 33-35 on the RSI and, from thereon, Nifty has witnessed a reversal. Hence, this could mean a possibility of more weakness in the short term in the Nifty. Top stocks to watch out: Bharti Airtel, GAIL, Speciality Restaurants, Cera Sanitaryware, Tata Steel, Avenue Supermarts, GMR Infrastructure, NBCC and Uflex. 

India’s benchmark equity indices are expected to open significantly lower, tracking a sharp sell-off in the US and Asian markets over concerns of rising bond yields. The SGX Nifty indicates that Nifty could open around the level of 10,611 with a gap-down of 107 points.  

Gold as an investment offers excellent financial security and easy liquidity to the investor. But, the moot point is, does gold offer good returns to the investors?

The price of a stock, it is said, is a function of demand and supply at any given point in time. This hypothesis holds true, provided there are no extraneous factors at play. While the second-by-second fluctuation in stock price may have nothing to do with any change in the fundamental factor, the overall demand-supply equation is the function of fundamental factors that go a long way in the determining the price level of a stock.