Gold Silver Reports (GSR) – Breaking News: Bankruptcy Imperils Reliance Communication $3.7 Billion Deal — Shares and bonds of Reliance Communications Ltd. tumbled after an Indian tribunal ordered that the wireless carrier be placed in insolvency proceedings, jeopardizing its proposed $3.7 billion asset sale to Reliance Jio Infocomm Ltd.
Rcom
Stocks To Watch: RCom, Hindalco, ITC, JSW Steel, Tata Steel
Gold Silver Reports (GSR) – Stocks To Watch: RCom, Hindalco, ITC, JSW Steel, Tata Steel – Indian equity benchmarks edged lower after the Bharatiya Janata Party’s lead diminished from the halfway mark while Congress struck a post-poll alliance with the Janata Dal (Secular) in Karnataka. The S&P BSE Sensex ended little changed at 35,543.94 and the NSE Nifty 50 index closed at 10,802.
Stocks To Watch: Adani Ports, Amtek Auto, RCom, Muthoot Capital Services
Gold Silver Reports (GSR) – The S&P BSE Sensex rose 0.3 percent to 34,302 while the NSE Nifty 50 gained 0.5 percent to 10,530. The market breadth was tilted in favour of the sellers all through the session.
Breaking News; Supreme Court Halts Reliance Communication Asset Sale
Gold Silver Reports (GSR) – Supreme Court Halts Reliance Communication Asset Sale – Shares of the debt-ridden company fall as much as 4.7 percent after the apex court halted its asset sale. HSBC Daisy Investments and other minority shareholders had moved Supreme Court against National Company Law Appellate Tribunal (NCLAT)’s order that allowed State Bank of India-led bankers to sell mortaged assets of Reliance Infratel, the tower unit of Reliance Communications.
Stocks To Watch: Coal India, HCL Tech, InterGlobe Aviation, Indian Oil, RCom
Gold Silver Reports (GSR) – Stocks To Watch: Coal India, HCL Tech, InterGlobe Aviation, Indian Oil, RCom – The NSE Nifty 50 index rose 1.9 percent or 197 points, the most since May 26, 2016, to 10,325 and the S&P BSE Sensex surged 577.73 points or 1.75 percent to 33,596.80.
RCom Gains After Bond Holders Approve Asset Monetisation Plan
RCom Gains After Bond Holders Approve Asset Monetisation Plan – Shares of the Anil Ambani-led company rose as much as 2.38 percent to Rs 23.65 after its $300 million bondholders approved its asset monetisation plan, the company said in a press release.
RCom Buy Call
#Intraday #call : buy #rcom #stock around 37—39 with stop loss for intraday #Target 42—44 ——— @Neal_Bhai — Gold Silver Reports (@goldsilverrepor) April 10, 2017 RCom Buy Call — Neal Bhai Reports