Market opens at record high levels
Sensex 22,339, up 2.5 per cent.Nifty 6,695, up 3.2 per cent from the previous week.
Shares
of India's biggest real estate company, DLF, plunged as much as 22.3
per cent to Rs 121.25, also its new 52-week low in early trade on
Tuesday, a day after the stock market regulator Sebi barred DLF and
six of its top executives including chairman K P Singh from accessing
stock markets for a period of three years.
The regulatory action stems from the DLF management's failure to disclose material information to investors during the firm's equity offer in 2007 to raise Rs 9,184 crore.
At DLF was trading 18.5 per cent lower at Rs 119.50. It hit a low of Rs 111.26 and a high of Rs 131.05 in morning trade today on the Bombay Stock Exchange.
The regulatory action stems from the DLF management's failure to disclose material information to investors during the firm's equity offer in 2007 to raise Rs 9,184 crore.
At DLF was trading 18.5 per cent lower at Rs 119.50. It hit a low of Rs 111.26 and a high of Rs 131.05 in morning trade today on the Bombay Stock Exchange.
INTRADAY FREE TIPS FOR TODAY 14 Oct
Tata
Power BSE 1.29 % Ltd is a 'BUY' call with a target of Rs 90 and a stop
loss of Rs 83.
Yes Bank Ltd BSE 0.77 % is a 'BUY' call with a target of Rs 610 and a stop loss of Rs 571.
Ambuja Cements Ltd BSE 0.67 % is a 'SELL' call with a target of Rs 200 and a stop loss of Rs 211.
GMDC Ltd is a 'BUY' call with a target of Rs 161 and a stop loss of Rs 150.50.
Uflex Ltd is a 'BUY' call with a target of Rs 170 and a stop loss of Rs 155.
Yes Bank Ltd BSE 0.77 % is a 'BUY' call with a target of Rs 610 and a stop loss of Rs 571.
Ambuja Cements Ltd BSE 0.67 % is a 'SELL' call with a target of Rs 200 and a stop loss of Rs 211.
GMDC Ltd is a 'BUY' call with a target of Rs 161 and a stop loss of Rs 150.50.
Uflex Ltd is a 'BUY' call with a target of Rs 170 and a stop loss of Rs 155.
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