CMP = 13
Soul Redemption = 31
Alive to fight another day, another time = 37
Home coming = 51
Revitalized = 72
Last of short sellers decimated = 93
Nirvana, full circle completed = 169
Category Archives: Indian Stock Market
Nifty hits 6700, Momentum not supportive
While the bullish rally of Nifty hitting lifetime high 6700 is welcome, and it has given good profits on long-positions on beaten down stocks like SBI, DLF, etc, the concern is that Nifty is now rising while momentum is falling, and the momentum of the current rally is still lower than the momentum of Nifty rally in Sep 2013. Life time high with lower-grade momentum is not a good sign. Conclusion: unless momentum picks up in April, Nifty may come down to 6300 in April.
L&T Construction secures orders valued 29.35 Billion INR
Mumbai, March 10, 2014: L&T Construction has won new orders worth Rs. 2935 crores (INR 29.35 billion) across various business segments in February and March 2014.
In the Transportation Infrastructure Business, new orders worth Rs. 1035 Crores have been won. A major EPC order has been received from Rail Vikas Nigam for construction of roadbed, major and minor bridges, track linking, outdoor signaling and electrical works in connection with doubling of Sambalpur-Barpali, Barpali-Bolangir, Bolangir-Titalgarh sections as part of Sambalpur-Titalgarh doubling of East coast Railway project in Odisha state. Continue reading L&T Construction secures orders valued 29.35 Billion INR