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1275 ArticlesStocks

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Another crazy day

More dramatic a day if such a thing is possible. Nifty and Sensex up over 5% in a day. SEC bans short selling of 700+ financial stocks. Dow, S&P up 3%. ...

Another Strangle: 38% this time

Continuing a strangle strategy: A strangle bought two days ago – when the index was near 4100, a figure too close to comfort from the 4210 closing last ...

Action Packed Day – the 17th of September

What a day. Please read Kaushik’s post for an update. A summary: Dow down 350. S&P down some 3.5%. FTSE down 5.2% AIG down 45% to $2, but ...

Ranbaxy: A very short term buy?

Ranbaxy has this open offer that’s ending on Thursday. Tomorrow is a holiday, and delivery is T+2, so the last trade for the open offer would have been ...

Ranbaxy Open Offer: Download Letter

For all those who have not received the Letter of Offer for the Ranbaxy Open offer at Rs. 737; you can download the letter of offer here. Process: First go to ...

Infy bags Axon for 3300 cr.

Infy news: it has just bought Axon group for Rs. 3,300 cr. Axon is listed in the UK, and makes about Rs. 160 cr. (Rs. 20 billion) a year in net profit. For ...

ICICI EPS down 23%, even Net Profit is down

So with the latest results, ICICI Bank has decided to show us what EPS “degrowth” really means. EPS is now Rs. 6.51 versus Rs. 8.54 a year back. ...

SOS Trade: Short ICICI Bank

The Short Only Strategy now begins its virtual life. The first trade is pretty simple. Short ICICI Bank So I’ve decided the Banking sector is weak going ...

A Covered Call Fund

Benchmark has provided a draft offer document for a covered call fund – essentially buying a future and writing a call option on it at the same time. ...

Nifty EPS is 237.9, EPS growth was 8.14%

The Nifty EPS today is Rs. 237.9. This is based on current data on the NSE site – the P/E is 18.55, and the Nifty closed at 4413. Last year at the same ...