Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGIN

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Revealed
India's Third Giant Leap

This Could be One of the Biggest Opportunities for Investors




Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Markets open on a weak note
Thu, 14 May 09:30 am

Following the global cues, the Indian Indices have opened the morning trade in the red. The Sensex is down 220 points (down 0.81%) and the NSE-Nifty is down 73 points (down 0.88%) at 8,162. BSE Mid Cap and BSE Small Cap have also opened on a negative note with both the indices down by 0.4%. Barring Power stocks, profit booking is witnessed across majority of the sectoral indices. Banking and Auto sector witnessed the most selling activity.

Asian markets are lower today led by the decline in Chinese and Hong Kong shares The Shanghai Composite is down 0.06% while the Hang Seng is down 0.20%. Overnight, US major indexes gave up early gains to close narrowly mixed as investors remained wary of climbing bond yields. Indian rupee opens flat at Rs 64.17 per dollar.

According to a leading financial daily, Tata Steel will create a new research and development hub in the UK focused on low-carbon technology, after signing an agreement with the University of Warwick in the UK. A research facility at the university's Warwick Manufacturing Group will open at the university later this year, with 40 Tata Steel scientists based there. Tata Steel will gradually shift its research and development activities to this site. Research will focus on developing new materials for Tata Steel's customer base, including those used in renewable energy generation and more fuel-efficient cars and planes. Other areas of research include programmes to improve steel production, and research into emerging and breakthrough technologies.

According to a business daily, Indian Oil and GAIL Ltd have signed MoU with Dharma LNG Terminal (DLTPL), a company owned by <>Adani Enterprises. DLTPL's project shall be an onshore LNG regasification terminal having initial capacity of 5.0 MTPA, at Dharma Port in Bhadrak district of Odisha. Dhamra is an all-weather deep water port. Reportedly, Indian Oil and GAIL would reserve regasification capacity in the terminal to supply regasified LNG in the emerging markets in the eastern part of the country. Indian Oil and GAIL would have the option to hold equity in DLTPL at a later date.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

View all commentaries | Archives

Read the latest Market Commentary


Equitymaster requests your view! Post a comment on "Markets open on a weak note". Click here!

  
ABOUT EQUITYMASTER

Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.

PREMIUM PRODUCTS
QUICK LINKS
POPULAR TOPICS
TRENDING TOPICS
FREE NEWSLETTERS
EQUITYMASTER SUPPORTS
  • HelpYourNGO
  • You Tube
  • Linkedin
  • Twitter
  • Telegram
  • Google Play

Copyright © Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited).

Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap

Phone +91-9136015013

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst)
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Email: info@equitymaster.com. Website: www.equitymaster.com.
CIN:U74999MH2007PTC175407

Name of the Compliance & Grievance Officer: Ms Sonal Ramachandran
Telephone: +91-22-61434003 | Email: compliance@equitymaster.com

LEGAL DISCLAIMER:
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

Equitymaster Research Private Limited (formerly Equitymaster Agora Research Private Limited) (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.