Hot Stocks | Bank of India, Tata Communications, Union Bank may deliver 11-19% return in short term
Traders should cut their short positions if Nifty surpasses 19,650 resistance.
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Traders should cut their short positions if Nifty surpasses 19,650 resistance.
Undersea Cable: While Airtel supported the TRAI proposal, Reliance Jio said the requirement for the applicant ILDO to have a stake in the submarine cable is quite onerous, as the cables have multinational ownership and pass through multiple tax regimes and will also have AGR (Adjusted Gross Revenues) implications, so the ownership may not be commercially viable.
Data Communications Co.'s Revenues Gather Steam After Merger
Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 39,900 shares, an increase of 125.4% from the July 15th total of 17,700 shares. Based on an average daily trading volume, of 284,900 shares, […]
Communications Co. To Show Fruits of Major Acquisition