Technical Analyst, Sudarshan Sukhani expressed his opinion about Power Grid on CNBC-TV18. He thinks that Power Grid is an investment opportunity at Rs 108. According to him apart from the fact that Power Grid is joining the Nifty , the technical charts also indicate that worst for Power Grid is probably over. So he thinks the stock can only go up from here.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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