Sell RCom With Stop Loss Of Rs 152

Sell RCom With Stop Loss Of Rs 152Technical analyst Salil Sharma is of the view that investors can sell Reliance Communication Ltd (RCom) stock in today's session for a target of Rs 141.

According to Mr. Sharma, the investors can sell the stock with a stoploss of Rs 152.

If the stock fell below Rs 136, it may see more weakness.

Today (May 12), the stock opened at Rs 147.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 359 and a low of Rs 154.70 on BSE.

Current EPS & P/E ratio stood at 24.12 and 6.03 respectively.

Intraday Buy Call For GAIL

Intraday Buy Call For GAILTechnical Analyst Salil Sharma has maintained 'buy' rating on Gail stock to achieve an intraday target of Rs 440.

According to him, interested traders can purchase the stock with a stop loss of Rs 420.

The shares of the company, on May 11, closed at Rs 425.45 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 459.40 and a low of Rs 260 on BSE.

Current EPS & P/E ratio stood at 22.54 and 19.13 respectively.

Sensex Opens On A Flat Note

Sensex Opens On A Flat NoteToday, the 30-share index Sensex belled the day on a flat

Have A 'Magic Pill' & Live Beyond 100

Have A 'Magic Pill' & Live Beyond 100Researchers are making attempts to make a "magic pill", which would permit individuals to remain in a healthy condition and live more than 100 years.

They have discovered genes, which increase the total life span of a person and stop illnesses like Alzheimer's, diabetes and cancer.

Prof. Nir Barzilai, an investigator into the ageing process, told experts that the new medication in the development stage will hit the worldwide markets by the next 18 months.

Incitec Pivot H1 net profit grows 33%

Incitec Pivot H1 net profit grows 33% Incitec Pivot Ltd., the largest fertilizer maker in Australia, said that its net profit grew by 33% for the first half of the fiscal. The company said that it managed to post a good first half despite lower fertilizer prices and challenging conditions in North America. Incitec also said that the profit will be biased towards the second half.

Jobs advertisements fall by 1.2% in the month of April

ANZThe total number of jobs advertised online and in newspapers fell by 1.2% in the month of April, according to a survey conducted by ANZ bank. This was reported the first monthly decline in jobs ads in past three months. ANZ said that the decline in total number of job advertisements in April was mainly attributable to the interest rate rises and lowering demand in jobs market in the period.

"The modest decline in job advertisements in April is not surprising in the wake of two successive rate hikes from the RBA," said Warren Hogan, chief economist of ANZ.

Pages

News in Focus

Laurus Labs, Asahi India and Poonawalla Fincorp Share Price at 52-week Highs; Bullish Breakout on Technical Charts

Laurus Labs, Asahi India Glass, and Poonawalla Fincorp shares were among winners this week. Laurus Labs touched 52-week high at Rs 777.9 and the stock closed at Rs 777.7 (almost at its highs).

Lemon Tree Hotels Share Price Target at Rs 172: BP Equities

BP Equities has issued a BUY recommendation on Lemon Tree Hotels Limited, India’s largest mid-priced hotel chain, setting a target price of Rs 172 per share, representing a 24% upside from the curr

JSW Infrastructure Share Price Target at Rs 370: Motilal Oswal Research

Motilal Oswal Financial Services has issued a resounding BUY recommendation on JSW Infrastructure, setting a target price of Rs 370 per share, representing a potential upside of 20% from current le

Evoplay Enters Peru’s Lottery Market with Loterias Torito Partnership

Evoplay, the Kyiv-based studio known for merging video-game aesthetics with real-money play, has secured its first foothold in the Peruvian lottery arena through a content pact with Loterías Torito

iGaming Major Pragmatic Play Launches Waves of Poseidon

In a bid to deepen its foothold in the mythology-themed slots genre, Pragmatic Play has unveiled Waves of Poseidon, a visually immersive 6x5 slot game that takes players on a volatile oceanic journ