Financial stocks powered up Indian blue-chip indices on Thursday, taking them to all-time highs. Short-term moving averages are expected to support the indices on any decline. Nifty formed a long bull candle on the daily chart. The MACD showed bearish signs on the counters of Vadilal Industries, Bharat Rasayan, Godrej Properties, Maithan Alloys, Mrs Bectors Food Specialities, Astral, and Ajanta Pharma.
Hot Stocks: Maithan Alloys, Religare Enterprises, Techno Electric may deliver 11-13% in the short term moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
A group of postal employees defrauded the Govindapur KK Polytechnic sub-post office of at least Rs 4 crores. The postal department has launched a departmental inquiry into the embezzlement of government money from the sub-office, which is located about 20 km away from the district headquarters, and is contemplating handing over the case to the CBI.