18 Sep Tech View

|

[08:15, 18/09/2014] Dhawal: Nifty 7975
After positive opening Nifty has remained in a range bound movement and finally ended with “DOJI” an uncertain candlestick pattern on daily chart. Daily as well as hourly momentum indicators are generating mixed signal on chart. Nifty intraday support placed at 7950 – 7925 levels and resistance placed at 7996 – 8020 levels.

Bank Nifty 15838
After positive opening Bank Nifty has witnessed muted movement with negative bias and finally ended with “Small Black Candle” a minor bearish candlestick pattern on daily chart. Daily as well as hourly momentum indicators are reading mix and signalling some bit of consolidation. Bank Nifty intraday support placed at 15780 – 15730 levels and resistance placed at 15888 – 15953 levels.
[08:16, 18/09/2014] Dhawal: Economic Times
 
Business Standard
Ø  US House approves bill averting govt shutdown
Ø  Fed to keep rates near zero for "considerable time"
Ø  Govt allows Maharatnas, Navratnas to create below-board posts
Ø  RBI eases issuance norms of equity shares under FDI
Ø  Indian pharmaceutical exports to cross Rs 1 lakh crore mark
Ø  Sun Pharma, Merck & Co Inc enter into pact for Tildrakizumab
 
Ø  Bank credit growth falls below 10% after 5 years
Ø  EPFO not considering any proposal to invest in stock markets
Ø  India, China sign deals worth $3.4 bn
Ø  SEBI extends timeline for appointing women directors by 6 months
Ø  IndiGo signs $2.6-bn deal with China's ICBC for fleet expansion
Ø  Sebi to float discussion paper on reducing FPO time line
Business Line
 
Mint
Ø   Custodians use optimisation tools to reduce margin obligations 
Ø  Nasscom sees value proposition for BPO firms in Tier-II and-III cities
Ø  'L&T committed to implementing Hyderabad Metro project on schedule' 
Ø  New blast furnace begins operation at SAIL’s Burnpur plant
Ø  Hindalco sees no immediate impact of suspension of mining in Jharkhand     
 
Ø  GTL gets $35.4 million claim notice from overseas lenders
Ø  Ikea to invest $500 million more in India,eyes 25 stores in 10 years
Ø  Ranbaxy gets civil investigative demand from US on pricing issues
Ø  Apollo Hospitals to buy Hetero Med’s pharmacy stores for Rs146 crore
Ø  Mutual funds’ exposure to software stocks hits all-time high in August
Financial Express
 
Financial Chronicle
Ø  Gas price panel discussion today, $6-7 per unit likely
Ø  UK govt pledges state funding to Scotland
Ø  NSEL scam: ED attaches properties of Lotus Refineries
Ø  Natco Pharma, Orchid Chemicals get a strong dose of US FDA medicine
Ø  Shemaroo IPO subscribed 1.01 times on 2nd day of issue
Ø  Governments pressure Google for more user information
 
Ø  Sensex rebounds over 138pts on hopes Fed will retain low rates
Ø  Cairn India discovers three new oil fields in Rajasthan block
Ø  Apollo to acquire HMSL’s pharmacy chain for Rs146 cr
Ø  MCX can launch new contracts after new tech deal with FTIL:FMC
Ø  OECD proposals to have impact on transfer pricing in India

0 comments:

Post a Comment