DAILY COMMODITY MARKET STRATEGY-01 SEP 2014

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BASE METAL WRAP: COPPER futures ended higher on Friday while aluminium closed at an 18-month high as upbeat US economic data fanned hopes of stronger demand for industrial metals.

ENERGY WRAP: West Texas Intermediate crude capped the first weekly gain in more than a month on speculation an improving U.S. economy will boost fuel demand.

PRECIOUS METAL WRAP: Hedge funds cut their bullish gold bets for the fourth week in five, sending holdings to a two-month low, U.S. government data show. Open interest in New York futures is the smallest in five years, and assets in global exchange-traded products backed by the metal in August posted the biggest monthly drop since May.

GLOBAL EVENTS TO WATCH: Manufacturing PMI, HSBC Final Manufacturing PMI, Manufacturing PMI.

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BULLIONS COMMODITY
AGRI COMMODITY
CS COPPER (NOVEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:424
SUP2:420
RESIST1:434
RESIST2:438
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS CHANA (SEPTEMBER)) OVERVIEW:
TREND CONSOLIDATE
SUP1:2760
SUP2:2650
RESIST1:2865
RESIST2:2900
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS CRUDE (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:5770
SUP2:5720
RESIST1:5900
RESIST2:5990
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS JEERA (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:10970
SUP2:10850
RESIST1:11230
RESIST2:11460
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS GOLD (OCTOBER) OVERVIEW:
TREND BEARISH
SUP1:27880
SUP2:27680
RESIST1:28270
RESIST2:28360
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS TURMERIC (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:6300
SUP2:6100
RESIST1:6750
RESIST2:6800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SILVER (SEPTEMBER) OVERVIEW:
TREND BEARISH
SUP1:41700
SUP2:40500
RESIST1:42570
RESIST2:43000
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SOYABEAN (OCTOBER) OVERVIEW:
TREND BEARISH
SUP1:3300
SUP2:3250
RESIST1:3370
RESIST2:3490
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
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Record high! Nifty hits 8000, Sensex zooms over 150 pts

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The Nifty has hit record high at 8000 just minutes after opening at an all time high. The 50-share index is up 50.15 points at 8004.50. The Sensex is up 169.79 points at 26807.90. About 824 shares have advanced, 188 shares declined, and 45 shares are unchanged.

Coal India, NTPC, Hero MotoCorp, Hindalco and L&T are major gainers in the Sensex. Among the losers are BHEL and Infosys.

The Indian rupee opened flat at 60.50 per dollar versus 60.50 Thursday. Euro slipped to a fresh one-year low early as the situation in Ukraine worsened. Meanwhile, pressure on the euro helped the dollar index reach a high not seen in over 13 months.

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INDIAN EQUITY MARKET OUTLOOK-01 SEP 2014

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INDIAN BENCHMARK open to record high, big boost comes from GDP numbers which were out on Friday. GDP grew fastest in over two years at 5.7% in the first quarter of FY15. The Supreme Court will today decide what to do with captive coal blocks, having deemed more than 200 allocations made since 1993 to be illegal.

FURTHER, Wockhardt Ltd has received Qualified Infectious Disease Product status from the US FDA for two of its drugs, WCK 771 and WCK 2349. Reliance Industries reportedly said it has returned nearly 1,384 acres of land in Gurgaon that was acquired for its SEZ.

Trend in FII flows: The FIIs were net buyers of Rs 192cr
in the cash segment on Thursday while the DIIs were net sellers of Rs. 730cr, as per the provisional figures released by the NSE.

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WEEKLY EQUITY REPORT-25th TO 30th AUG 2014

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INDIAN BENCHMARKS rose to a record high for the fourth time last week, as software stocks gained after upbeat US and German data raised optimism about the sector's business outlook, while higher global shares also helped.

ICICI Bank has announced that the Bank has allotted 125,790 equity shares of face value of Rs10 each on August 21, 2014 under the Employees Stock Option Scheme, 2000. Arvind has forayed into the e-commerce segment with custom clothing brand 'Creyate'. The company aims to achieve Rs 1,000 crore sales in next three years from this launch.

The INDIAN BENCHMARKS SENSEX ended 59 point up at 26419 and the 50-share NIFTY closed 22 point up at 7913.
 
GLOBAL MARKET CHASE

ASIAN STOCKS neared a six-and-half-year peak and was poised for a weekly gain, after upbeat U.S. economic data sparked another record close on Wall Street.

U.S. STOCKS
mixed, as escalating tensions between Ukraine and Russia offset an upbeat take on the U.S. economy from Federal Reserve Chair Janet Yellen.

EUROPEAN STOCKS were steady, as investors remained cautious ahead of European Central Bank President Mario Draghi in Jackson Hole.

WEEK AHEAD


Indian shares may remain volatile though as August series F&O contracts expire on Thursday.

Trend in investment by foreign portfolio investors (FPIs), trend in global markets, trend in other global emerging markets, the movement of rupee against the dollar, crude oil price movement and monsoon will be also closely tracked by the investors.

In macro economic data, the government will release Q1 June 2014 GDP data on Friday, 29 August 2014. India's Gross Domestic Product (GDP) rose at steady pace of 4.6% in Q4 March 2014. The GDP growth rose to 4.7% in the fiscal year ended 31 March 2014 (FY2014) from 4.5% in FY2013.

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DAILY COMMODITY MARKET STRATEGY-29th AUGUST 2014

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BASE METAL WRAP: London copper futures edged higher on Friday, but prices were still on track for their biggest monthly loss since March on worries that rising tensions in Ukraine could set back global growth and hit metals demand.

ENERGY WRAP: West Texas Intermediate headed for the first weekly gain in more than a month as U.S. economic growth beat estimates, bolstering the demand outlook in the world’s largest oil consumer. Brent rose in London.

PRECIOUS METAL WRAP: Gold fell for the first time in four days in London as investors weighed signs of an improving U.S. economy against tension over Ukraine.

GLOBAL EVENTS TO WATCH: ANZ Business Confidence, CPI Flash Estimate y/y, GDP m/m, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m, Chicago PMI, Revised UoM Consumer Sentiment, Revised UoM Inflation Expectations.

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INDIAN EQUITY MARKET WRAP UP-28TH AUG 2014

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INDIAN BENCHMARKS ends August series with modest gains

INDIAN EQUITY BENCHMARKS ended with amid volatility as monthly derivative contracts expired today and investors eyed GDP April-June quarter data scheduled for release tomorrow.

Shares in NHPC Ltd surged as much as 6.4 per cent as Traders focus could shift to hydro power as an alternative to coal in electricity generation.

Further, SKS Microfinance Ltd's shares rose 2.2 percent after Morgan Stanley initiated coverage with an overweight rating saying India's microfinance industry has $90 billion demand potential.

The crucial resistance for Nifty is now seen at 7970 and above this 8010. Support for the immediate term is now placed at 7940 and next support will be 7910.

NEWS TO WATCH:

Watch out for the GDP April-June quarter data on 29th August 2014.

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CS ROCKING PERFORMANCE OF THE DAY:

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STOCK FUTURES:

FUTURES INTRADAY:
TATA MOTORS DVR FUTURES BUY CALL 2 TG
DLF FUTURES SELL CALL 2 TG
IDBI FUTURES SELL CALL 2 TG
IGL FUTURES BUY CALL 2 TG (BOOKED AT 382.50)
BPCL FUTURES BUY CALL BOOKED AT 698.90
ONGC FUTURES BUY CALL COST EXIT

PREMIUM FUTURES:
ARVIND LTD FUTURES BUY CALL EXIT AT 283.50

NIFTY FUTURES:
NIFTY FUTURES BUY CALL COST EXIT

OPTION:
DLF 190 PUT BUY CALL 3 TG
TATA MOTORS DVR 370 CALL BUY CALL 2 TG
TATA MOTORS 520 CALL BUY CALL 2 TG

STOCK CASH:

STOCK CASH INTRADAY:
ARVIND LTD BUY CALL 2 TG
INDIAN OVERSEAS BANK SELL CALL 1 TG
SHASUN PHARMA SELL CALL BOOKED AT 205.10
DLF SELL CALL SL TRIGGERED

STOCK CASH PREMIUM:
BPCL BUY CALL COST EXIT
CESC SELL CALL SL TRIGGERED
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TOP CORPORATE NEWS-28th AUG 2014

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Tata Motors enters Algeria with a range of passenger cars
Tata Motors in association with SPA Elsecom has setup dealerships at Algiers and Oran, with further plans underway to establish 10 additional sales and service centers, to cover important regions, by the end of this year.

RIL to save $450 mn/yr by importing ethane from US
Reliance Industries will save about USD 450 million annually by importing 1.5 million tons ethane from US for its petrochemical plant. Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.

Adani buys Australia coal mine royalty rights from Linc
Adani Enterprises has agreed to pay Australian dollar 155 million (USD 145 million) to Linc Energy to buy out the Australian firm's rights to future royalties from Adani's huge.

Tata Comm up on reports of foreign brokerage
Shares of Tata Communications gained over 4%, touching, on reports that a foreign brokerage has re-initiated coverage on the stock with a buy rating. The company is back on growth and profitability track and its core business turnaround will be led by enterprise data.

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DAILY COMMODITY MARKET STRATEGY-28th AUG 2014

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BASE METAL WRAP: Copper traded near the lowest in almost a week after China reported industrial profit growth slowed and before economic expansion data today from the U.S.

ENERGY WRAP: Gasoline fell after a government report showed U.S. output rose before the Labor Day holiday that marks the end of the country’s peak-demand driving season. West Texas Intermediate crude settled little changed.

PRECIOUS METAL WRAP: Gold futures dropped for the second time in three days on signs of waning investor demand for the metal as an alternative asset.

GLOBAL EVENTS TO WATCH: Private Capital Expenditure q/q, German Prelim CPI m/m, Prelim GDP q/q, Unemployment Claims, Prelim GDP Price Index q/q, Pending Home Sales m/m, Natural Gas Storage.

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AGRI COMMODITY
BULLIONS COMMODITY
CS CHANA (SEPTEMBER)) OVERVIEW:
TREND BEARISH
SUP1:2760
SUP2:2695
RESIST1:2900
RESIST2:3020
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS COPPER (AUG) OVERVIEW:
TREND CONSOLIDATE
SUP1:422
SUP2:420
RESIST1:427
RESIST2:430
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS JEERA (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:10970
SUP2:10850
RESIST1:11230
RESIST2:11460
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS CRUDE (SEPTEMBER) OVERVIEW:
TREND BEARISH
SUP1:5640
SUP2:5550
RESIST1:5755
RESIST2:5800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS TURMERIC (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:6300
SUP2:6100
RESIST1:6750
RESIST2:6800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS GOLD (OCTOBER) OVERVIEW:
TREND BEARISH
SUP1:27680
SUP2:27300
RESIST1:28050
RESIST2:28270
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SOYABEAN (OCTOBER) OVERVIEW:
TREND BEARISH
SUP1:3250
SUP2:3200
RESIST1:3490
RESIST2:3550
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SILVER (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:41700
SUP2:40500
RESIST1:42500
RESIST2:42800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000

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INDIAN EQUITY MARKET OUTLOOK-28TH AUG 2014

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INDIAN BENCHMARK open marginally higher amid firm global cues. Further, markets are likely to remain volatile in the latter half of the trading session with expiry of August derivative contracts today.

FURTHER, Piramal Enterprises is rejigging its research and development activities with a focus on molecules that are at an advanced stage of development. DLF will continue to be under pressure after the Supreme Court on Wednesday directed DLF to deposit Rs 630 crore in the registry within three months.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Wednesday while the DIIs were net sellers of Rs. 236cr, as per the provisional figures released by the NSE.

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Sensex extends gains, Nifty reclaims 7950 on F&O expiry day

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Equity Benchmarks extended gains on Thursday, the expiry day for August derivative contracts. The Sensex rose 66.62 points to 26626.77 and the Nifty climbed 19.80 points to 7955.85. About 688 shares have advanced, 221 shares declined, and 31 shares are unchanged.

Shares of Larsen and Toubro, ICICI Bank, Axis Bank, Bharti Airtel, Bajaj Auto, Cairn India, BPCL and HCL Technologies gained 0.8-0.9 percent. However, Hero Motocorp, Hindalco Industries, Sun Pharma, Infosys, ONGC and TCS fell 0.2-0.7 percent.

The Indian rupee opened marginally higher at 60.39 per dollar on Thursday as against previous day's closing value of 60.45 a dollar.

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INDIAN EQUITY MARKET WRAP UP-27th AUG 2014

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INDIAN BENCHMARKS mark record closing high ahead of F&O expiry

INDIAN EQUITY BENCHMARKS ended with gains for the second consecutive trading session ahead of the F&O expiry tomorrow. Sentiment was on the positive side as the ongoing geopolitical tension in Israel, which was a major cause for concern seems to be finally ending as Hamas and Israel agreed to an open-ended cease-fire.

DLF fell 4.6 percent on Supreme Court order asking company to pay Rs 630 crore fine within three months.

Further, HDFC Bank declined 0.7 percent on the matter related to increase in FII investment limit may not be taken up by Foreign Investment Promotion Board in its meeting scheduled on August 29.

The crucial resistance for Nifty is now seen at 7945 and above this 7970. Support for the immediate term is now placed at 7915 and next support will be 7860.

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CS ROCKING PERFORMANCE OF THE DAY:

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STOCK FUTURES:
FUTURES INTRADAY:
HAVELLS INDIA FUTURES BUY CALL 1 TG
SUN TV FUTURES SELL CALL 1 TG
BPCL FUTURES BUY CALL 1 TG
HUL FUTURES BUY CALL 1 TG (BOOKED AT 739.80)
UCO BANK FUTURES SELL CALL COST EXIT
SESA STERLITE FUTURES SELL CALL COST EXIT

PREMIUM FUTURES:
HAVELLS INDIA FUTURES BUY CALL 2 TG
DLF FUTURES SELL CALL BOOKED AT 181.15
TATA MOTORS DVR FUTURES BUY CALL SL TRIGGERED

NIFTY FUTURES:

OPTION:
HUL 720 CALL BUY CALL 2 TG (BOOKED AT 19)
DLF 190 PUT BUY CALL 1 TG
UCO BANK 95 PUT BUY CALL 1 TG (BOOKED AT 5.65)

STOCK CASH:

STOCK CASH INTRADAY:
MOTHERSON SUMI BUY CALL 3 TG
TV TODAY BUY CALL 3 TG
INDOCO REMEDIES BUY CALL 2 TG

STOCK CASH PREMIUM:
THOMAS COOK BUY CALL 2 TG
HAVELLS INDIA BUY CALL SL TRIGGERED

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TOP CORPORATE NEWS-27th AUG 2014

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UCO Bank stock slips 8%
Shares of UCO Bank slipped 8% after report that the government ordered limited forensic audit into some non-performing accounts of the Bank to find out any irregularities in sanction of loans.

Tech Mahindra in talks to acquire more companies
Tech Mahindra is talks to acquire firms to further enhance its geographical reach competence in order to reach its goal of $5 billion by CY2015.

Hero Moto Corp aims to sell 12 million units by 2020
Hero Moto Corp management has set a target of 12million unit sales by the year 2020 and also reiterated its target to derive 10% of the volumes from exports. The company had sold 6.2 million units in FY 2014.

Tata Global plans to give thrust to its water business
Tata Global Beverages is planning to give a thrust to its water business with a goal to take the segment's contribution to company's revenues to 10% from 1% currently positive in long run, no near term addition to earnings.

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DAILY COMMODITY MARKET STRATEGY-27th AUG 2014

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BASE METAL WRAP: Aluminium traded near an 18-month high on speculation demand is rising amid signs a recovery is gathering pace in the U.S. and before data forecast to show the country’s economy expanded for the second quarter.

ENERGY WRAP: West Texas Intermediate traded near a three-day high before a government report forecast to show crude stockpiles dropped for a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.

PRECIOUS METAL WRAP: Gold held below $1,300 an ounce as investors weighed a strengthening U.S. economy and dollar against signs of easing tensions around the world.

GLOBAL EVENTS TO WATCH: Crude Oil Inventories.

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AGRI COMMODITY
BULLIONS COMMODITY
CS CHANA (SEPTEMBER)) OVERVIEW:
TREND CONSOLIDATE
SUP1:2830
SUP2:2760
RESIST1:2960
RESIST2:3020
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS COPPER (AUG) OVERVIEW:
TREND CONSOLIDATE
SUP1:422
SUP2:420
RESIST1:427
RESIST2:430
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS JEERA (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:10850
SUP2:10590
RESIST1:11460
RESIST2:11500
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS CRUDE (SEPTEMBER) OVERVIEW:
TREND BEARISH
SUP1:5640
SUP2:5550
RESIST1:5755
RESIST2:5800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS TURMERIC (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:6300
SUP2:6100
RESIST1:6750
RESIST2:6800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS GOLD (OCTOBER) OVERVIEW:
TREND BEARISH
SUP1:27680
SUP2:27300
RESIST1:28050
RESIST2:28270
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SOYABEAN (OCTOBER) OVERVIEW:
TREND BEARISH
SUP1:3300
SUP2:3260
RESIST1:3490
RESIST2:3550
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000
CS SILVER (SEPTEMBER) OVERVIEW:
TREND CONSOLIDATE
SUP1:41700
SUP2:40500
RESIST1:42500
RESIST2:42800
TRADING STRATEGY: SELL ON RISE
WWW.CAPITALSTARS.COM +917316790000

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INDIAN EQUITY MARKET OUTLOOK-27th AUG 2014

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INDIAN BENCHMARK open on a bullish note tracking a firm trend across markets in Asia after reports from US indicated that the world’s largest economy is strengthening.

FURTHER, Shares of defence equipment makers rose after the government notifies increase in FDI limit to 49% through approval route in the defence sector. ONGC rose over 2%, on hopes of reforms on subsidies and gas prices ahead of ONGC's share sale.

Trend in FII flows: The FIIs were net buyers of Rs 192cr in the cash segment on Tuesday while the DIIs were net sellers of Rs. 259cr, as per the provisional figures released by the NSE.
 
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Sensex gains 100 pts, Nifty eyes 7950; ICICI, ONGC lead

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Equity Benchmarks opened higher with the Sensex rising 112.87 points to 26555.68 and the Nifty eyeing 7950 leve, up 29.30 points at 7934.05.

About 732 shares have advanced, 187 shares declined, and 22 shares are unchanged.

ICICI Bank, State Bank of India, ONGC, Tata Motors, Bharti Airtel, Dr Reddy's Labs and BHEL gained 1-1.5 percent whereas TCS, Infosys, HUL, GAIL and Wipro fell 0.2-0.6 percent.

The Indian rupee opened lower at 60.48 per dollar, down 5 paise compared to previous day's closing value of 60.43 a dollar.
 
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, 6790000

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INDIAN EQUITY MARKET WRAP UP-26th AUG 2014

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INDIAN BENCHMARKS continues retreat from record high

INDIAN EQUITY BENCHMARKS ended flat, amid a volatile trading session, even metal stocks rebounded while power stocks extended losses after the apex court's verdict on coal block allocations.

Tata Power fell another 2.8 percent on the Supreme Court’s order that stayed an interim order of the Appellate Tribunal for Electricity (APTEL) to allow payment of compensatory tariffs.

Further, Oil and Natural Gas Corp ended down 2.5 percent on equity dilution concerns due to a potential share sale by the government.

The crucial resistance for Nifty is now seen at 7915 and above this 7970. Support for the immediate term is now placed at 7855 and next support will be 7780.

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CS ROCKING PERFORMANCE OF THE DAY:

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STOCK FUTURES:

FUTURES INTRADAY:
HAVELLS INDIA FUTURES BUY CALL 3 TG
RELIANCE POWER FUTURES SELL CALL 3TG
ALLAHABAD BANK FUTURES SELL CALL 3 TG
PFC FUTURES SELL CALL 3 TG
APOLLO HOSPITAL FUTURES BUY CALL 2 TG(BOOKED AT 1203)
PETRONET FUTURES BUY CALL 1 TG
SIEMENS FUTURES SELL CALL COST EXIT
ARVIND LTD FUTURES BUY CALL SL TRIGGERED

PREMIUM FUTURES:
UPL LTD FUTURES SELL CALL 1 TG (BOOKED AT 317.25)

NIFTY FUTURES:
NIFTY FUTURES BUY CALL 1 TG

OPTION:
ONGC 430 PUT BUY CALL 3 TG
VOLTAS 235 CALL BUY CALL 2 TG
RELIANCE CAPITAL 550 PUT BUY CALL 1 TG

STOCK CASH:

STOCK CASH INTRADAY:
HAVELLS INDIA BUY CALL 3 TG
GREAVES COTTON BUY CALL 3 TG
ACC LTD SELL CALL 2 TG
FINOLEX CABLES BUY CALL BOOKED AT 225

STOCK CASH PREMIUM:
HAVELLS INDIA BUY CALL 3 TG
SIEMENS LTD SELL CALL 2 TG
APOLLO HOSPITAL BUY CALL 2 TG (BOOKED AT 1200)

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TOP CORPORATE NEWS-26th AUG 2014

http://www.capitalstars.com/freetrials.php

ONGC slumps on reports of disinvestment
ONGC fell nearly 4%, on reports of disinvestment. Government has decided to disinvest 5% stake in the company via offer for sale mechanism. The procedure of disinvestment is expected to be completed by the end of the month of September.

Havells India rises after stock split
Havells India jumped over 12% and after stock split. Havells India split each equity share of face value Rs5 each into five equity shares of Re1 each., with trading starting as of today, (August 26, 2014).

Reliance Power opts out of gas-fired power plant in Dadri
Reliance Power told the Supreme Court that it wasn't interested in setting up gas-fired power plant in Dadri, Uttar Pradesh, any more and would return about 956 acres of land acquired for the company to the state government.

L&T signs contract for 225 Mw
Bangladesh Power Development Board and Larsen & Toubro (L&T) have signed a contract to set up a 225 megawatt, gas-based power plant in sikalbaha, Chittagong in Bangladesh. The contract, which is valued at about $200 million, was secured by L&T in May, 2014.

Get free trading in equity tips, free equity tips, stock tips, stock cash tips, stock futures tips,  commodity tips, nifty tips, nifty f & o, mcx tips, ncdex tips, intraday, bullions, and share market tips etc.....

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