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Friday, November 09, 2012

Better trades of the day - Nov 9 2012


Global Cues: The European shares closed lower on Thursday (November 08, 2012), FTSE100 down by 0.27%, CAC40 fell by 0.06% and DAX slipped by 0.39%. The US stocks closed lower on Thursday. Dow Jones down by 0.94% and Nasdaq fell by 1.42%. Events for the day: Results: State Bank of India, Coal India, Tata Steel, PFC, Corporation Bank, CESC, Eicher Motors. Glaxosmithkline Pharmaceuticals, Max India, Tata Chemicals, Apollo Hospitals Enterprises, BPCL, Neyveli Lignite Corporation, HPCL, Pantaloon Retail (India), Videocon Industries, Aurobindo Pharma, Essar Oil, United Spirits, IOC, Suzlon Energy, Sun TV Network, Jindal Steel & Power, Lanco Infratech, Pipavav Defence & Engineering Company, Gitanjali Gems, HDIL. Stock in news: DHFL cuts home loan rates. GTL Infra restructures FCCBs worth $300 mn. DoT starts issuing notices to telcos for false revenue reports. Sun Pharma to buy Dusa for Rs1,250 cr.