Monday, 28 April 2014

Indian Stock Market Intraday Trading Tips

As the stock market benchmark sensex races towards its 23,000-points milestone, at least 17 business houses have attained a market cap of Rs 1 trillion or more, led by Tatas with a massive group valuation of over Rs 7 lakh crore.

Fulford India Ltd, a domestic subsidiary of Merck & Co Inc, jumped 20 percent to its maximum daily limit,after it approved a delisting offer from its parent company. Merck is offering an indicative price of 1,150 rupees per share, a 67.7 percent premium to Fulford India's Friday's close,with the floor price set at 701.71 rupees, according to the BSE filing.

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