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Bombay Rayon Fashion heads for liquidation, Retail News, ET Retail

Bombay Rayon: The National Company Law Tribunal (NCLT), while allowing an application to admit the liquidation company, also appointed lenders and resolution professional recommended Truvisory Insolvency Professionals (IPE) as its liquidator. ....

National Company Law Tribunal , Rayon Fashion , Truvisory Insolvency Professionals , Bombay Rayon , Bombay Rayon Fashion , Bankruptcy Court ,

Bombay Rayon Fashion heads for liquidation

The National Company Law Tribunal (NCLT), while allowing an application to admit the liquidation company, also appointed lenders and resolution professional recommended Truvisory Insolvency Professionals (IPE) as its liquidator. ....

Jagmohan Singh , Kishore Vemulapalli , National Company Law Tribunal , Bombay Rayon Fashion , Truvisory Insolvency Professionals , Bombay Rayon , Manu Jagmohan Singh , Key Managerial Personnel , Bankruptcy Court ,

Prashant Agarwal | Managing Director | BRFL Textiles Pvt Ltd

Prashant Agarwal | Managing Director | BRFL Textiles Pvt Ltd
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market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

Synopsis
Ruchit Jain, Senior Analyst - Technical and Derivatives at Angel Broking said, One should prefer to trade with the trend now until any negative signs are seen and look for opportunities that could continue to outperform. The near-term trading range could be wide given the recent volatility, wherein the supports are now placed around 14,140 and 14,000, whereas resistance could be seen around 14,500.”
Higher government spending in infrastructure and increased FDI limit in insurance improved the overall outlook of these sectors,” said Vinod Nair, Head of Research at Geojit Financial Services.
NEW DELHI: Nifty made a strong rebound on Monday in line with strong global cues and a no-harm budget. The 50-pack index formed a long bullish candle and recovered half the losses it sustained in the past six sessions. ....

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market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

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NEW DELHI: Nifty breached the 13,900 levels and touched its lifetime on Tuesday forming an indecisive candle on the daily chart as the index settled higher, riding the rally in bank and IT stocks amid strong global cues. The index continued its rally to the fifth consecutive session.
Aditya Agarwala, senior technical analyst - institutional equities, YES Securities said A sustained trade above 13,950-13,975 will extend the gains, taking the 50-pack higher to the levels of 14,050-14,150, which happens to be the upper end of a crucial rising channel formed, joining major highs and lows post the March selloff. He sees support for the index at 13,850. ....

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