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Indian Stock Market News and Views

Varun Beverages IPO subscribed 1.8 times on Day 3
Data compiled from BSE and NSE showed the issue received bids for 1,87,63,140 shares by 11.30 am on Friday against the total issue size of 1,76,50,000 shares.

Tech View: Nifty50 forms ?Hammer? like pattern ahead of 'muhurat trading'
In other words, it signals a capitulation by the sellers to form a bottom accompanied by a price rise, indicating fresh buying at lower levels.

Two themes to bet on this season: Sanjeev Zarbade, Kotak Securities
?On the medium term basis that organised players like Finolex Industries would continue to gain market share.?

Equity markets close flat; negative global cues subdue sentiments
The key indices were dragged to the flat closing-line due to negative global cues and profit booking.

Six stocks in our Diwali picks list: Vivek Mahajan, Aditya Birla Money
?Shriram City Union is one of our preferred long term ideas which should be giving a multi-year growth?

Should not be an alarmist at the Tata Group developments: Leo Puri, UTI AMC
?Most sophisticated global investors are taking the position that one must wait to understand the facts before you reach an opinion?

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